A sinking ship...

And the rats are jumping ... There has been a wave of resignations in the international banking community.
1 World Bank
CEO Zoellick resigns http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/
2 Anz Bank CFO
Australia resigns http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoil
3 Nicaraqua Central Bank Pres Rosales resigns http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html
4 Credit Suisse Chief
Joseph Tan resigns http://www.businessweek.com/news/2012-02-17/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html
5 GERMAN
PRESIDENT Christian Ruff resigns http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html
6 Royal Bank
of Scotland Austrailin CEO Stephen Williams resigns http://www.theaustralian.com.au/business/wall-street-journal/andrew-chick-to-lead-royal-bank-of-scotlands-australian-arm/story-fnay3vxj-1226272513981
7 Kuwait Central
Bank CEO resigns http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html
8 Slovenia TWO
largest Banks CEO's (2) resign http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html
9 Bank of India CEO
Chaturvedi resigns http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html
10 Tamilnad
Mercantile Bank CEO resigns http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259 (this article appears to have been removed).

Why do you suppose this is happening? No doubt something BIG is about to happen and it probably isn't nice. These people appear to be distancing themselves from something. The story which lists the above appeared in the Washington Post but I was unable to link the to the page as it was no longer posted. Wonder why. Anyway, it could be the world is about to get a new banking system so, if you have money in the bank, you may want to take out some for a few days.

The test of liberty...

The time of sentencing for Bernard von NotHaus is nearly upon us. If you don't know, Bernard created the Liberty Dollar as a private barter currency and clearly announced it was NOT legal tender. The paper currency was redeemable in silver and when I sent in some paper, I DID receive the appropriate amount of silver by return mail. The whole system was totally honest. The US Federal government (and the privately owned and dishonest Federal Reserve System) felt the pain of a competing currency and trumped up charges against Bernard and the Liberty Dollar and managed to get a conviction. The crime? Uttering "coins". Stupid. Coining is a metalworking process that squeezes metal and deforms it into a die where it takes on the shape of any engraving in the die. Bernard always advised against using the word "coin" for the reason that he didn't want anyone to think the Liberty Dollar had anything to do with the government. They were called "rounds". 'Nuff said. The big government crowd hates competition for currency because an honest currency prevents the secret taxation of "inflation". Anyway, why pick on Bernard? There are a lot of other currencies that are being left alone. Here are 11 (yes, eleven) of them:
BerkShares: Southern Berkshire, MA Started: 2006
Equal Dollars: Philadelphia, PA Started: 1996
Ithaca Hours: Ithaca, NY Started: 1991
Bay Bucks: Traverse City, MI Started: 2006
Cascadia Hour Exchange: Portland, OR Started: 1993
Life Dollars: Bellingham and Seattle, WA Started: 2004
Downtown Dollars: Ardmore, PA Started: 2010
Potomacs: Washington, D.C. and suburbs Started: 2009
Local Trade Partners: Fayetteville, AK Started: 2009
Crescents: New Orleans, LA Started: 2004
Brooklyn Torches: Brooklyn, NY Started: Still forming

So how come the Feds picked on Bernard and the Liberty Dollar? Easy, it was having the biggest impact. This is a weathervane for the state of freedom in the good ole' US of A. Wake up America! Action is needed now. You can help by writing to the judge asking for clemency or leniency for Bernard.

Please send a brief letter ASAP with your NAME and ADDRESS to:
The Honorable Richard L. Voorhees
U.S. District Judge
United States District Court for the Western District of North Carolina
250 Charles R. Jonas Federal Bldg.
401 West Trade Street
Charlotte NC 28202
And add: PLEASE FREE BVNH to the bottom left hand corner of your envelope.

If you need to see a sample (which is a little bit long), please click here.

Please be respectful with your request and do it now!
It's time to act.

Making it simple...

Central banks are able to steal with impunity because most people don't take the time to understand what's being done to them. The banking business is deliberately shrouded in mystery to make the regular joe feel like it's beyond him so he has to trust the system. I have news for you, this banking system is not beyond your understanding, period. If you can soup up a car in your garage, build a shed in the backyard or balance your checkbook, you'll have no trouble understanding what's going on providing someone is willing to explain it. Well, I just found a classic cartoon that does a really good job of uncovering the secrets of banking (read, "method of theft"). If you are interested, please click here and download the comic from the web site. It's free. The only caution I have for you is that the numbers are MUCH larger now but the principles are the same. The bank frauds are going on all over the world but it may be able to be stopped in the US.