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Money

Use real money, go to federal prison

Most Americans have never heard of former Las Vegas businessman Robert Kahre. The fact that he is locked away in a federal prison has a lot to do with that. But those who understand Kahre’s story tend to view money as well as our justice system in a different light.

Vatican Bank Account Closed At JP Morgan, Image May Be Hurt

VATICAN CITY/MILAN, March 19 (Reuters) - JP Morgan Chase is closing the Vatican bank's account with an Italian branch of the U.S. banking giant because of concerns about a lack of transparency at the Holy See's financial institution, Italian newspapers reported.

Sweden: Country could be first to go cashless as even churches are accepting cards for offerings | Mail Online

Nation was first in Europe to bring in notes in 1661, Bills and coins now just 3% of Sweden's economy, Bank robberies plunge, but cyber crime surges

A dozen bankers are destroying civilization- and governments don't care

The Katrina debacle was a warm-up act. So was the mortgage fraud with its 30 million foreclosures and resultant homelessness. So is the lifetime indebtedness of young people seeking a college degree.

Look Who's REALLY Footing The Bill In The $25 Billion Mortgage Settlement With The Mega-Bank

he surprising tale that I will attempt to pen in this blog entry has a very familiar cast of characters; the Obama Administration, the Housing Bubble, “Toxic Mortgages”, and Too Big To Fail “TBTF” Banks among others.