Tag Archive: Peter Schiff

Video Source: http://www.youtube.com/user/SchiffReport

The NIA has produced a very professional anti-Mitt Romeny video called “The Romney Con” that the NIA hopes will go viral. DO NOT held make that happen. The NIA is the real con! It is nothing more than a front for penny stock pump and dump scams. The NIA does not really support Ron Paul, they merely pretend to support him so they can steal money from those who do. Spread the truth. Circulated this video to warn Ron Paul supporters and prevent them from being ripped off.

If you want to view and promote a version of the video without any reference to the NIA you can do so using the following link: http://www.youtube.com/watch?v=kSOtuInc3LE

Toxic Profits for Bank of America

Bank of America (BAC, Fortune 500) CEO Brian Moynihan defended the move, which the bank announced last week in response to new caps on debit card swipe fees that the banks charge retailers.

Bank of America’s announcement of a new debit card fee was followed today by an announcement of new checking account fees by Citibank (C, Fortune 500). These new bank fees have fueled a populist backlash that has coincided with a series of protests against Wall Street banks around the nation.

Moynihan stopped short of criticizing President Obama who earlier this week said to ABC that banks don’t have an “inherent right” to a “certain amount of profit.”

But BofA’s chief did say banks have an inherent right to make a profit in an interview Wednesday with CNBC’s Larry Kudlow at the Washington Ideas Forum, sponsored by the Newseum, the Aspen Institute and the Atlantic magazine. Article Contines at money.cnn.com ….

Max Keiser: WW3 is on as Wall St. banks plunder economy

The loss of America’s AAA credit score has sparked panicked sell-offs on global markets. After several days of concern over whether France would retain its highest status, ratings giants reaffirmed its top billing on Wednesday. But investors remain unconvinced the country’s finances are solid enough. Problems in the Eurozone will be up for discussion by the French and German leaders next week.