theft

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Banks Are Evil

It's time to get painfully honest about this
Friday, March 17, 2017, 8:05 PM

I don't talk to my classmates from business school anymore, many of whom went to work in the financial industry.

Why?

Because, through the lens we use here at PeakProsperity.com to look at the world, I've increasingly come to see the financial industry -- with the big banks at its core -- as the root cause of injustice in today's society. I can no longer separate any personal affections I might have for my fellow alumni from the evil that their companies perpetrate.

And I'm choosing that word deliberately: Evil. » Read more

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The War On Cash: Officially Sanctioned Theft

How banks & the government are diminishing your savings
Friday, June 12, 2015, 12:07 PM

You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean?

It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash.

These limits are broadly called capital controls. » Read more

Featured Discussion

Common Mistakes When Hiding Precious Metals

Common Mistakes When Hiding Precious Metals

A policeman cautions avoiding these rookie errors

Featured Discussion

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Join the "Personal Safety & Home Defense" Group

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Daily Digest

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Daily Digest 6/7 - Bank Card Thefts Soaring, The Terrible Future Of The Syrian War

Friday, June 7, 2013, 10:53 AM
  • The Terrible Future Of The Syrian War
  • Are Central Banks Losing Control Over Interest Rates?
  • The Slow and Painful Death of Freedom in Canada
  • How to put cybersecurity defences to the test
  • Why I Left the Conservatives to Stand Alone
  • Bank card thefts 'soaring at ATMs'
  • Is a Freefall in Oil Prices Really Underway?
  • ‘They’ve bought everyone’s silence’: Drillers paying out fracking settlements to land owners on one condition — keeping quiet
  • Bees do it, so why can’t bee keepers and colleagues?
  • Meet 'Schmeat': Lab-grown meat hits the grill this month
  • Falling Fruit: Mapping The Urban Harvest
Daily Digest

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Daily Digest 5/7 - France's Budget Gap Widens, Australia Faces Decade Of Debt

Wednesday, May 8, 2013, 10:03 AM
  • Unemployment haunts Social Security recipients
  • Spanish Banks Refinanced, Restructured $272.4 Billion in Loans
  • Australia faces decade of debt, economists warn
  • France's budget gap widens in March
  • L.A. city employees urge leaders to go after uncollected fees, taxes to balance $7.7B budget
  • Copper theft epidemic has lawmakers looking for answers
  • Wall Street sees Fed buying $1.25 trillion of assets in stimulus: Reuters poll
  • India's cheap food plans to prove costly for government
  • French Industrial Output Drops as Hollande Aims to Revive Growth
  • Wichita school district counts record number of homeless children
  • Greenspan-Era Faith in Fed Seen With Bernanke: Chart of the Day
  • Many Americans say they can't retire until their 70s or 80s
  • Bankers Warn Fed of Farm, Student Loan Bubbles Echoing Subprime
  • Australian Central Bank Cuts Key Rate to Historic Low
  • New red light camera law could raise cost of appeals
  • Moody’s Says Cities View ‘Strategic Default’ as Less Taboo
Daily Digest

Image by Peter Broster, Flickr Creative Commons

Daily Digest 4/4 - Barclays Blames Bank Culture; Shut Up, Savers!

Thursday, April 4, 2013, 10:44 AM
  • 'Shut Up, Savers!'
  • Storm drain grates go missing, create safety hazard
  • UN adopts Arms Treaty with support from Obama administration
  • Chinese Foreign Fisheries Catch 12 Times More Than Reported, Study Shows 
  • Are All G20 Bank Depositors Exposed to a Cyprus Style Seizure of Deposits for a 'Bail-in?' 
  • Ottawa’s bank ‘bail-in’ talk spooks investors
  • Michael Sona Charged By Elections Canada In Connection To Robocall Scandal
  • Man has undeclared $10,000 seized at border after exchange rate pushes him over limit to take from country
  • Barclays' Salz Review blames bank culture
  • Researcher tried to export pathogen to China, RCMP allege
  • Massive offshore tax haven account leak includes names of 450 wealthy Canadians
  • Senators get automatic $2,900 pay boost after MP’s vote to increase their own salaries
  • David Stockman: "The Great Deformation"
  • Cyber Attack Alert
  • Currency Wars: “The Fed is Playing with a Nuclear Reactor”
  • A Tipping Point In The Financial System
  • Rumors of a Cheap-Energy Jobs Boom Remain Just That
  • Food Field Urban Farm in Detroit Heals Land, Sets Sights On Aquaponics and Economic Viability
  • China reports three H7N9 infections, two fatal