Occupy Wall St. March on Police Plaza Aerial View

Please share this and “thumbs up” so people can see what’s happening. Thanks!! This is the march on police plaza, NY police headquarters after the brutal pepper spraying and abuse that happened last Saturday by a number of officers. Sound and video from the Helicopter. Another window was open in the background with livestreams global revolution channel, that’s where the sound from the ground came from. This was the only way I could capture the event, I apologize for it being shaky, my screen capturing software wouldn’t record sound so I had to use a camera. Anyway at least it’s here for those who want to see. Date = 30 September 2011 Why are all these people “occupying” different cities? Major investment bankers hired lobbyists to change the law on regulations (one? was Glass Steagall, which kept commercial and investment banking separate, preventing abuse and conflict of interest.) . After the subprime mortgage crisis, lenders approved too many over inflated loans, which are high risk, the investment banking firms started to abuse derivatives in order to hide the risky investments by consolidating debt together with many other types of loans. They grouped all the shitty stuff with some good stuff and called it CDO’s. Then they proceeded to tell their investors that the CDO’s were rated AAA (Lying through their teeth). Ratings of AAA are supposed to be as sound of an investment as government securities, but they were bogus and the firms knew it. At the same time when they

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Short Sale – Part 2: Real Estate Foreclosure Prevention – Mortgage Bailout Process – Negotiate Free

RealEstateMarketingThisWeek.com Short Sale Experts Negotiate Your Real Estate Bailout – Mortgage Foreclosure Assistance Plan – Free Prevention Alternative to Foreclosure Fraud and Scams. http will Help you Survive the Mortgage Meltdown Crisis. Avoid Foreclosure and Bankruptcy. Get your Bailout with our Real Estate Short Sale, Mortgage Foreclosure Loss Mitigation Prevention Process. Sign Up For a FREE Consultation With Our Approved Foreclosure Prevention Specialists – Go To RealEstateMarketingThisWeek.com and Complete Our Easy Form – It Takes 2 Minutes and Can Help Save Your Home. http

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China’s Subprime Mortgage Crash

Follow us on TWITTER: twitter.com Like us on FACEBOOK: www.facebook.com The Global Financial Crisis (GFC) started three years ago, but China seems to be immune to it. Under the tightening monetary policy, many of enterprises are turning into shadow banks. With the due date of loan sharking approaching, the economic claps occur continuously. Foreign media warned that the Chinese version of the Subprime Mortgage Crash is approaching. After the start of the GFC in 2008, China began changing its monetary policy. For small and medium size firms its difficult to access the formal banking sector. Instead, they loan money from shadow lenders who are actually state companies. The official sector can obtain money from state-owned banks and issue loans to other borrowers with higher interest rates. In addition, non state-owned shadow banks are expanding, and more problems are being exposed. Economists are worried that China is starting to follow the pattern of the US’ Subprime Mortgage Crash. During the World Economic Forum held in Dalian last week, a former vice chairman of NPC, Cheng Siwei said: “China’s Subprime Mortgage Crash is the lending of money to local governments which have no ability to repay them.” It is estimated that 80% of the loans from the top four banks in China go to state-owned firms. But now China has different shadow banks, from state-owned to individuals’ firm, most of them with officials’ background. Local governments use state funds to invest in businesses

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