House prices at all time highs - what next?

Do you believe in market cycles and that forecasts can be accurate?

Take a look at the following chart from economist Martin Armstrong who has been predicting these things for Governments and Banks for a long time.

(Note: Graph is 'not to scale' just indicative of Dates and direction
Source: Martin Armstrong, see below)

Also note that the average UK house prices overtook the pre-crash record for the first time recently and US home sales also reached eight year peak and prices all time high. (sources below)

Many people may have forgotten what happened when the prices were this high last time and in a bubble just 7-8 years ago.

The inevitable crash was postponed/minimised by Government intervention and keeping dishonest bankers in business. Politicians supported their friends at the Banks with taxpayer money, so they could continue to launder for criminals, charge excessive fees, rig interest rates in their own favour, pay big bonuses and all the other fraud that has been going on and continues.

This money has flowed away from the 'people' and into the stock market, corporations and CEO pockets. The FED didn't raise interest rates as they probably want a good Christmas of spending from people and enough time to fill their boots.

Politicians have been giving themselves pay rises, whilst the public coffers have been emptied.
Banks don't have enough real assets to cover all the money they gamble with and pay their 'top' employees.
Governments all over the world are in debt and many take out new lines of credit, to try and pay the interest on their previous borrowing. Eventually this will stop.
The race is on between America and a European country to finally admit it can't pay it's debts.

On top of that, the wars and instability being caused is creating mass migration of people looking for a better way of life. So when 'immigrants' turn up expecting a little help, everyone forgets how well off they have been in the past and the fact they are also 'children' of migrants themselves.
These poor people have seen the media and 'adverts' stating America and Western Europe are the richest and best places to live in the world, especially as they have accumulated so many of the worlds resources over the decades/centuries.
(See the TV and movies that sell you the ideal lifestyle, as opposed to the News which is designed to keep you in fear and looking for answers/protection from the Govt.)

OK, I think I'm ranting now so let's get back on track.


So what is likely to happen next?

The bankrupt Governments can't continue printing money at these rates to put into the stock market and interest rates only have one direction to move. When that happens and the markets contract, the stock market bubble and property (real estate) bubble will deflate as well.

My guess is that there is about 1 year (maximum) to get your investments in order and get ready to stick it out for the long term.  The first signs will be from America or a defaulting European country in the next few months before it goes mainstream.


What can you do to hedge yourselves against it happening?

- Sell any properties that are highly leveraged right NOW, which are bringing in a low yield.
When interest rates increase and prices drop, these are the ones that will suck your cashflow and reserves dry.

- Don't buy house for the sake of growing your portfolio (or because you want to move to a new house), only invest for yield with bigger deposits than you would normally want to put down.

- Leverage can work in your favour in an up trending market but it is even more dangerous in a down market.

- Speculators and those investing in new build, big blocks and the new bubble of student accommodation will likely be hit worse.

- Pay down as much as you can on your principle residence.

- Property and business is once again going to become about the long term sustainability as opposed to short term and quick returns.

I learned my lessons the hard way from experience 7/8 years ago. Fortunately I don't have to repeat it this time.  Will you learn from past experience or is another rude awakening required?

The good news is property will become more affordable for people to buy their own homes and there will be the opportunity to buy businesses based on income and yield, instead of simply speculating with borrowed money.


More information here:
http://www.economicconfidencemodels.com/
http://www.theguardian.com/money/2015/jul/28/house-prices-in-england-and-wales-hit-record-high
http://www.propertywire.com/news/europe/us-existing-home-index-2015072310783.html

The Hidden Dynamics That Inspire Leadership and Trust - Simon Sinek

Great lessons on Leadership. How to build trust and connection with people around you.

I felt it was a great video and wanted to share it with you.

Email is great for exchange of information, phoning and meeting people is actually better. It shows you care and prepared to put time and energy into your communication and relationships.  I meet up with friends as often as possible and give people my time.
At times it is quicker/easier to reach a lot of people via email or other mass media.  This connection is weaker but I still hope you value it and take time to watch the video to benefit yourself and those around you.

People feel more comfortable around those they can trust in an organisation/team/family/company and know they've got their back. Do you feel this way around your colleagues? What about companies you deal with? Are they looking out for themselves only or for your interests? Do they give others credit or try to steal credit from them because they don't feel safe?
Groups like this cause stress and cortisol, which makes people self-interested, less empathic and less generous - only caring about themselves.  This has a negative knock-on affect to those around them.

Leadership is not a rank or position in an organisation, it is about a decision to look after the people around you.

Watch the video and meet your Happy chemicals: endorphins, dopamine, seratonin and oxytocin

Remember, I got your back!

Regards,
Bobby :-)

---

In this in-depth talk, ethnographer and leadership expert Simon Sinek reveals the hidden dynamics that inspire leadership and trust. In biological terms, leaders get the first pick of food and other spoils, but at a cost. When danger is present, the group expects the leader to mitigate all threats even at the expense of their personal well-being. Understanding this deep-seated expectation is the key difference between someone who is just an "authority" versus a true "leader." 

A trained ethnographer and the author of Start With Why: How Great Leaders Inspire Everyone to Take Action, Simon Sinek has held a life-long curiosity for why people and organizations do the things they do. Studying the leaders and companies that make the greatest impact in the world and achieve a more lasting success than others, he discovered the formula that explains how they do it.

Sinek's amazingly simple idea, The Golden Circle, is grounded in the biology of human decision-making and is changing how leaders and companies think and act.

His innovative views on business and leadership have earned him invitations to meet with an array of leaders and organizations, including Microsoft, Dell, SAP, Intel, Chanel, Members of the United States Congress, and the Ambassadors of Bahrain and Iraq.Sinek recently became an adjunct staff member of the RAND Corporation, one of the most highly regarded think tanks in the world. He also works with the non-profit Education for Employment Foundation to help create opportunities for young men and women in the Middle East region. He lives in New York, where he teaches graduate level strategic communications at Columbia University.

For more on this topic, check out Sinek's latest book Leaders Eat Last: Why Some Teams Pull Together and Others Don't.

Story of Two Cows

SOCIALISM
You have 2 cows.
You give one to your neighbour

COMMUNISM
You have 2 cows.
The State takes both and gives you some milk

FASCISM
You have 2 cows.
The State takes both and sells you some milk

NAZISM
You have 2 cows.
The State takes both and shoots you

BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then throws the milk away

TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
You sell them and retire on the income

BANK OF SCOTLAND (VENTURE) CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on one more. You sell one cow to buy a new president of the United States , leaving you with nine cows. No balance sheet provided with the release.
The public then buys your bull.

SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons.

AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.

A GREEK CORPORATION
You have two cows. You borrow lots of euros to build barns, milking sheds, hay stores, feed sheds,
dairies, cold stores, abattoir, cheese unit and packing sheds.
You still only have two cows.

A FRENCH CORPORATION
You have two cows.
You go on strike, organise a riot, and block the roads, because you want three cows.

A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create a clever cow cartoon image called a Cowkimona and market it worldwide.

AN ITALIAN CORPORATION
You have two cows,
but you don't know where they are.
You decide to have lunch.

A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.

A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION
You have two cows.
You worship them.

A BRITISH CORPORATION
You have two cows.
Both are mad.

AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the ** out of you and invade your country.
You still have no cows, but at least you are now a Democracy.

AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION
You have two cows.
The one on the left looks very attractive...

Corporate Scam Calls - Please Confirm Your Personal Details

Corporates make it easy for scammers by making these types of calls as well.  Ever had a call from someone claiming to be from your Bank asking you to verify your details then getting arse-y when you refuse?

Even those with legitimate reasons to calls have poor phone manners and protocol.

Companies like HMRC use witheld and blocked numbers and Banks like HBOS hire third parties to contact you, that aren't transparent either.
Let them get arse-y, upset, offended, annoyed - as they have called you randomly and asked for private information to usually get money for themselves.  They may or may not be legitimate but don't take the risk.
With Governments, Councils, HMRC, Corporates 'losing', 'selling' and 'sharing' your personal details on a regular basis it is pretty easy for a scammer to get hold of them too.


For example: The AA called me and asked me to renew cover.

TIP: I asked for the cheapest rate (usually reserved for NEW customers by most companies) and it was 30% less. So remember to cancel any automatic renewals and re-negotiate ALL your contracts, insurance policies etc annually.

Then she asked me to confirm and provide my credit card details,  I refused.
She said she could prove that she was from the AA by providing breakdown details etc.
I explained that companies sell information and 'lose' it all the time.
She did not give her return call number saying I would not get back through to her.  I ended the call. Another third party commission call centre?

You may have received similar calls from mobile phone companies claiming to be your main provider, having 'acquired' your telephone number, network details and personal info from someone working at Orange/Vodaphone/O2/Carphone Warehouse etc.

For example: Someone called claiming they were from Orange and my handset was due an upgrade. Although quite convincing, his story was only about 99% accurate.  When I did call Orange, they said it wasn't them.

For example: People contacted me from Bank of Scotland saying they worked for HBOS. When contacting HBOS, the Bank denied they worked for them, even though they had provided my personal information.
Note that Banks sometimes actively hire third parties to work for them but do not acknowledge it!

Scammers are con artists who work on convincing you that they are truthful and honest, hence taking advantage of your trust and good human nature.

The BEST policy is do NOT trust anyone claiming to be from a Company - unless you are expecting a call from them and then contact them back yourself!


- I now make it good practice to not answer blocked, unknown or with-held numbers.
- If on answering, it's an automated message that is played, immediately hang up.
- Don't call back if you do not know what the call is about.
- Take the name of the person, usually they refuse to give their last name and contact number anyway.
- Then google the number to find out if it is linked to their official site.

For example: I got a call from Barclays Fraud Department from an unknown number, with a automated voicemail leaving a return number to call.  I could not find reference to this number anywhere!
Even worse it was a legitimate call (from an unknown number) about an important matter, which I found out from the Bank later.  They set themselves up to fail and appear untrustworthy.

This is why you should not trust anyone that calls you and asks to verify your personal details - if they have any sense (which corporates are lacking) they would not ask for it, instead asking you to call them back on a legitimate number that you can find on their correspondence or official websites.

It's also good to have recording device on hand, as you may have found through experience that Government, Council and Corporate employees have a tendency to 'lie' or not tell the whole truth when asked simple questions that deviate from their standard script.

If it's important, they will write to you.

Also note on letters, when dealing with big companies, always write to the Registered office address via recorded delivery to the person named on the letter. They sometimes try to hide behind PO Boxes but must publish the recorded office details.

Below is an example about a BT phone scam going on at the moment.

Phone scammers often pose as staff of companies, government departments or financial institutions as a means of fooling people into handing over their personal details. While this particular instance of the scam targets UK residents, criminals may use similar tactics to steal information from phone consumers in other parts of the world.

While telecommunications companies may well call their customers to query an unpaid account, they are unlikely to attempt to prove the legitimacy of the call by disconnecting the line. If you do receive a suspect call, do not provide the caller with any personal or financial details. If you are unsure about a call, the safest course of action is to:
- Ask for the caller's name and department details and then terminate the call.
- Find a legitimate contact number for the company either in a bill or other official documentation or a telephone directory. (Don't use a contact number provided by the caller).
- Call the company and ask to speak to the original caller by name.

This strategy should effectively derail any scam attempts and also allow you to deal with the issue in the event that the call was actually legitimate.

Bobby

==========

"BT Unpaid Bill Phone Scam Warning

Outline
Message warns that scammers posing as UK telecommunications company BT staff are tricking people into revealing their bank or credit card details by claiming that their phone service will be disconnected if they do not pay an overdue bill immediately.


Brief Analysis
The information in the warning message is factual. Such scams have been occurring in the UK for several years and a number of UK residents have already lost money to the fraudsters.


Subject: BT phone scam

PLEASE PASS ON TO YOUR FRIENDS & FAMILY.

The new telephone 'scam' has arrived.

I received a call from a 'representative' of BT, informing me that he was disconnecting me because of an unpaid bill. He demanded payment immediately of £31.00, or it would be £118.00 to re-connect at a later date.

The guy wasn't even fazed when I told him I was with Virgin Media, allegedly VM have to pay BT a percentage for line rental!

I asked the guy's name - the very 'English' John Peacock with a very 'African' accent - & phone number - 0800 0800 152.

Obviously the fella realized I wasn't believing his story, so offered to demonstrate that he was from BT. I asked how & he told me to hang up & try phoning someone - he would disconnect my phone to prevent this.

AND HE DID!!
My phone was dead - no engaged tone, nothing - until he phoned me again.

Very pleased with himself, he asked if that was enough proof that he was with BT. I asked how the payment was to be made & he said credit card, there & then.

I said that I didn't know how he'd done it, but I had absolutely no intention of paying him, I didn't believe his name or that he worked for BT.

He hung up.
Did 1471 & phoned his fictitious 0800 number – not recognised.

I phoned the police to let them know, I wasn't the first! It's only just started apparently but it is escalating.

Their advice was to let as many people know by word of mouth of this scam. The fact that the phone does go off would probably convince some people it's real, so please let as many friends & family aware of this.

This is good but not that clever. He gave the wrong number - it should have been 0800 800152 which takes you through to BT Business. The cutting off of the line is very simple , he stays on the line with the mute button on and you can't dial out - but he can hear you trying. (This is because the person who initiates a call is the one to terminate it). When you stop trying he cuts off and immediately calls back.

You could almost be convinced! The sad thing is that it is so simple that it will certainly fool the elderly and vulnerable.

Obviously, if this scam is real, once they have your credit/debit card details, there is nothing to stop them cleaning out your account.


Detailed Analysis
This warning, which circulates via email and social media posts, claims that scammers are posing as representatives of UK telecommunications giant BT in order to trick phone users into handing over their financial information.


Beware of scammers posing as BT staff who demand immediate payment for a supposed unpaid bill According to the message, a scammer calls a potential victim and identifies himself as a BT staff member before demanding that a supposed unpaid bill be paid immediately lest the phone be disconnected. If the potential victim seems doubtful, the scammer offers to "prove" he is really from BT by temporarily disconnecting the phone. The scammer then uses a simple trick to make the victim think that the phone has really been cut off before calling back to demand an immediate payment. The scammer ask the victim to hang up and try calling someone else but simply stays on the line which restricts outgoing calls. Because the outgoing call cannot be made, some users may then assume that their phone has really been disconnected and pay up as requested to avoid a hefty reconnection fee.

The information in the warning email is factual. Such scams have indeed been occurring in the UK and a number of UK residents have already lost money to these fraudsters. BT has published the following notice on its website warning customers about the scam:
Please be aware of the following:

Fraudsters, pretending to be from various phone companies, have been calling people on the pretence that there is an outstanding bill and threatening to disconnect their line immediately if they do not pay the bill straight away.

The fraudsters have been pretending to "cut off" the customer. Worried about having their line cut off, some people have been persuaded into giving the fraudsters their bank account details.

The police are investigating and BT Security is looking into incidents where the fraudsters have claimed to be from BT.

Whilst BT does have debt handling procedures which may involve calling customers, BT never carries out disconnections during the call by way of proof.

We advise customers never to give out any banking details over the phone unless they are absolutely certain who they are dealing with.

If there is any doubt at all, a BT employee will be able to give the customer their employee ID number and an 0800 number to call, where the customer can check that they are who they say they are. The customer can also check their identity by calling 0800 800 150.

Beware of similar phone numbers. Fraudsters may for example offer a number which has an extra zero - 0800 0800 xxx has been used by fraudsters - it is not the same as 0800 800 xxx.
UK communications regulator OfCom has also posted a warning to consumers about the scam:
Fraudsters are currently phoning consumers claiming to be from BT or Ofcom. They claim that the consumer’s telephone line needs digital upgrade work. This, they say, will cost £6 and if it isn’t paid within 10 days the consumer’s phone line will be cut off.

In some cases, the fraudster will claim that the line needs testing and they will temporarily disconnect it. When the consumer tries to make an outgoing call they are unable to do so. This is simply because the fraudster is still on the line meaning no outbound calls can be made.

This is a scam. Ofcom and BT have alerted the relevant authorities for investigation."

Article written by Brett M. Christensen Hoax-Slayer
http://www.hoax-slayer.com/bt-unpaid-bill-phone-scam.shtml

Take That to The Bank - Seniors Banking

Ever been frustrated or felt ripped off by your bank? Yep thought so.
Maybe this letter will make you feel better and give you some ideas next time you contact them... shortly before closing your account and banking with a Co-Operative Bank instead!

--------

Dear Sir:

I am writing to thank you for bouncing my cheque with which I endeavoured to pay my plumber last month.

By my calculations, three nanoseconds must have elapsed between his presenting the cheque and the arrival in my account of the funds needed to honour it..

I refer, of course, to the automatic monthly deposit of my entire pension, an arrangement which, I admit, has been in place for only eight years.

You are to be commended for seizing that brief window of opportunity, and also for debiting my account £30 by way of penalty for the inconvenience caused to your bank.

My thankfulness springs from the manner in which this incident has caused me to rethink my errant financial ways. I noticed that whereas I personally answer your telephone calls and letters, --- when I try to contact you, I am confronted by the impersonal, overcharging, pre-recorded, faceless entity which your bank has become.

From now on, I, like you, choose only to deal with a flesh-and-blood person.

My mortgage and loan repayments will therefore and hereafter no longer be automatic, but will arrive at your bank, by cheque, addressed personally and confidentially to an employee at your bank whom you must nominate.

Be aware that it is an OFFENCE under the Postal Act for any other person to open such an envelope.

Please find attached an Application Contact which I require your chosen employee to complete.

I am sorry it runs to eight pages, but in order that I know as much about him or her as your bank knows about me, there is no alternative.

Please note that all copies of his or her medical history must be countersigned by a Notary Public figure, and the mandatory details of his/her financial situation (income, debts, assets and liabilities) must be accompanied by documented proof.

In due course, at MY convenience, I will issue your employee with a PIN number which he/she must quote in dealings with me.

I regret that it cannot be shorter than 28 digits but, again, I have modelled it on the number of button presses required of me to access my account balance on your phone bank service.

As they say, imitation is the sincerest form of flattery.

Let me level the playing field even further.

When you call me, press buttons as follows:

IMMEDIATELY AFTER DIALLING, PRESS THE STAR (*) BUTTON FOR ENGLISH

#1. To make an appointment to see me

#2. To query a missing payment.

#3. To transfer the call to my living room in case I am there.

#4 To transfer the call to my bedroom in case I am sleeping.

#5. To transfer the call to my toilet in case I am attending to nature.

#6. To transfer the call to my mobile phone if I am not at home.

#7. To leave a message on my computer, a password to access my computer is required.

Password will be communicated to you at a later date to that Authorized Contact mentioned earlier.

#8. To return to the main menu and to listen to options 1 to 9

#9. To make a general complaint or inquiry.

The contact will then be put on hold, pending the attention of my automated answering service.

While this may, on occasion, involve a lengthy wait, uplifting music will play for the duration of the call.

Regrettably, but again following your example, I must also levy an establishment fee to cover the setting up of this new arrangement.

May I wish you a happy, if ever so slightly less prosperous New Year?

Your Humble Client


And remember:  Don't make old people mad. We don't like being old in the first place, so it doesn't take much to piss us off.


-----------

Original Source: Peter Wear. "You Can Bank on My Account, Old Chap."  
[Queensland] Courier Mail. 7 January 1999   (p. 11)

Updated and revised on the internet to include modern banking and a new era of corporate ignorance and malpractice.

The Official Bankster Dictionary

What do all those banking legalese terms really mean? Here is another Bankster dictionary I thought you'd find fun and refreshingly honest for how Banks operate today - lucky they don't put this in their sales brochures or present it to the courts.

-----------

In the underground world of banking, doing wrong means doing right, up is down, and left is right. I happened to stumble upon a secret version of the Bankster’s Dictionary the other day when I was visiting a bank. I’ve posted some of the terms below that were contained in the Bankster’s Dictionary to help you understand bankster language.

US Federal Reserve = European controlled private bank.

Central Bank = Counterfeiting Ring Leader

Criminal Underworld Currency Counterfeiters = Competitors that must be arrested and jailed.

Savings Account = Devaluation Account, Cash Advance for Gambling Division

Gambling = Banking Primary Business Line

Fraud = Banking Secondary Business Line

Las Vegas, Macau, Atlantic City = Model for running business operations.

Inflation = Currency Devaluation through anti-free market manipulation of interest rates.

Fractional Reserve System = Fractional Expansion Citizen Bankruptcy System, BSE (Biggest Scam Ever)

Futures Markets = Manipulation Casino, SkyNet Three-Card Monte Scam

Pablo Escobar, Joaquín ‘El Chapo’ Guzmán, The Ochoa Hermanos, Yakuza = Cash Cows

El Subcomandante Marcos aka Delegado Zero = Anti-poverty activist that must be wacked and shut up

Independent Media = Terrorist

Mass Media = Allies

Allen Stanford, Bernie Madoff = Occasional Patsies and Necessary Fall Guys to appease the public’s ire at us.

Stock Markets = Manipulation Casino, SkyNet Three-Card Monte Scam

Commercial Investment Firm Rating of “Buy” and Hold” = Contrarian Indicator to SELL!

Commercial Investment Firm Rating of “Sell” = Contrarian Indicator to “BUY!”

Barbarous Relic = USD, Euro, Yen

Beta = Empty Statistic meant to impress naïve investors

Loan = Usury

USD, Euro, Yen, etc. = Fantasy Digital Idea made real by banksters to control humanity

Women’s Liberation Movement = Expansion of Tax Base from only men to men AND women

Income Taxes = Wealth Transfer from citizens to owners of central banks.

Gold = Bankster Kryptonite

Silver = Bankster Kryptonite

Truth = Banker Kryptonite

Lies & Deception = Bankster Standard M.O.

Free Markets = Fairytale story like Santa Claus, Easter Bunny and Tooth Fairy to be taught in business schools worldwide.

Drug Lords and Underground Crime Syndicates = Provider of global banking liquidity and huge year-end bonuses

Parasite = Favorite insect

Capitalism = Dead system that was killed by Central Banking but false scapegoat we can blame when we cause economic crashes and despair

Miscellaneous Charges = Small Monthly Charges to siphon off money from bank accounts that customers will never notice or complain about

Computer = Vehicle to rig all stock markets and commodity markets with HFT programs that execute trades not possible if executed by humans and if executed in a clear and transparent market.

Boom = Unsustainable price distortions caused by interest-rate manipulation and market rigging.

Bust = Opportunity to make money twice as quickly as in a boom!

Market Crash = Engineered event to ensure the peasants will never accumulate enough wealth to rebel against us.

Rising Markets on Mondays or Tuesdays into OpEx Fridays: Ruse to sucker more people to go long in order to fleece them by the time Friday arrives.

Declining Markets on Mondays or Tuesdays into OpEx Fridays: Ruse to sucker more people to go short in order to fleece them by the time Friday arrives.

Presidents and PMs = Best puppet and marionette allies to be rewarded handsomely after they leave office (see Tony Blair and the current POTUS)

Superior Judges, SCOTUS = Made Men

War = Double Bonus! Opportunity to devalue money at faster rate than during peace time and opportunity to accumulate more wealth from interest charged on war appropriations.

Universities, Colleges and MBA programs = Re-education camps to indoctrinate students into fairytales of non-existent free markets, non-existent capitalism, and lies about how stock markets, real estate markets and economic cycles really work.

Economic Journals and University Tenure = Carrot dangled in front of economic professors to ensure that they repeat to the world the “official” party line.

Key Economic Indicators = False manipulated statistics designed to dumb down citizens into believing economy is recovering even as we increase their economic suffering

Ben Bernarnke = Shakespearean clown.

Conspiracy = Best Word to Discredit Truth about the global monetary system when the truth somehow escapes our censorship algorithms and makes it to the mainstream media we control.

Machiavelli = Role Model

Ivy League Schools = Indoctrination Camps for media representatives and professors we will send to brainwash other global regions into believing our propaganda

CNBC = The Cartoon Network.

Goldman Sachs = Rookie Farm Camp for global criminal banking syndicate.

World Bank & IMF = Banks used by Western countries to impose crushing debt on developing nations to stunt their growth.

Bailout = Transfer of Wealth from citizens to us.

TBTF = Lie used to ensure we can perpetuate fraud.

Quantitative Easing = Currency Devaluation.

Fiat Currency = Worst Possible Idea

Propaganda = Daily Financial News Feed

Compartamentalization = Process to keep good people working as cogs in the machine within the banking industry ignorant of the fact that they are inflicting massive harm upon society.

If others of you have had the good fortune to stumble across this secret Bankster Dictionary like me, please feel free to post more Bankster glossary terms below.

Source: http://www.theundergroundinvestor.com/2012/04/the-official-bankster-dictionary/

What Banking has collapsed to

While being screwed and shafted by Banks and Government, you may lose your dignity and money but at least they can't steal your sense of humour. Here's an email I received today explaining what some terms in banking now mean.

"Investors back historic Greek debt swap" - FT headline 9.3.2012.

BANK, n. Bottomless cavity in the ground that sucks in money and the unwary.
I had quite a bit of money but then I put it in the bank.

BOND, n. A profitless contrivance used for catching the gullible or feeble-minded.
That pension fund is 100% in bonds now.

BROKER, adj. A comparative descriptive state for a client of a Wall Street bank.
He didn't exactly have a lot of money before he started dealing with Goldman Sachs. Now he's even broker.

BUBBLE, n. Fundamental prerequisite for a functioning Anglo-Saxon economy.
We need a new bubble to replace the ones we had in dotcom and property.

CENTRAL BANK, n. Lobbyist for commercial banks well versed in alchemy.

CURRENCY, n. Largely intangible substance with an inherent property that tends to instantaneous evaporation, the destruction of life and the permanent impairment of wealth.
I had money once but then I exchanged it for currency in a moment of madness.

DEFAULT, n. Semi-mythical celestial occurrence that passes by Earth every 76 years.
I was worried for a second about that Greek default, but I realise there's nothing to see now and all is well.

FEDERAL RESERVE, n. A wholly owned subsidiary of Goldman Sachs.
The Federal Reserve voted to give a few more billion dollars to Wall Street.

GREECE, n. An undesirable or unfortunate happening that occurs unintentionally but results in harm, injury, damage and colossal loss of wealth. And profits for Goldman Sachs.
Did you see Greece ? Sheesh.

HORLICK, n. Progressive and insufficiently appreciated investment visionary.

HOUSE, n. In most countries, simply a place to live. In Britain, a theoretically infinite source of perpetual tax revenue for deluded Lib Dems. (This is tautological. - Ed.)

INVESTOR, n. Plucky protagonist admired for brave deeds and quixotic struggling who is about to get shafted by Wall Street interests.
I was an investor in euro zone sovereign bonds but then everything went Greek.

JAPAN, n. Where hopes of profit go to die.

KEYNES, n. Slang: Vulgar. Disparaging and offensive.
That joker Posen is a complete Keynes.

POLITICIAN, n. Someone better informed than you about how to spend your money.

RATINGS AGENCY, n. A professional entertainer who amuses by relating absurd and fantastical tales.
That ratings agency's credit assessment was so funny, I had to change my trousers.

RESTRUCTURING, n. Statutory rape.
Those bondholders are undergoing a voluntary restructuring - you might even call it a 'credit event'.

ROGUE TRADER, n. Unprofitable proprietary trader. (Hat-tip to Killian Connolly.)

SOCIETY, n. The process whereby wealth is diverted from taxpayers to banks.

TAXPAYER, n. Simple-minded dolt too foolish to be working for the government.

US GOVERNMENT, n. Another wholly owned subsidiary of Goldman Sachs.
We seem to be running out of Goldman Sachs alumni here in the Treasury. No, wait, we've still got hundreds of 'em.

VINCE CABLE, n. (No longer in technical use; considered offensive) a person of the lowest order in a former and discarded classification of mental retardation.
Don't be a Vince Cable - get down off that wardrobe and come and eat your tea!



Tim Price
Contributor, SovereignMan.com
Director of Investment, PFP Wealth Management

Repayment v Interest Only

This has always been a popular topic for property investors.
Should they keep their payments low or high and build some more equity?
Should they pay off their debt as they go along or pay it off at the end with the sale of their property?

There are a few options to consider but what is best for you?
Well only you know the answer to that but let me first give you some facts (or things I believe are true from my experiential truth).

I know my opinions are not always popular but they are true.  My ideas may not be mainstream (pop-News style) but why would you read what I wrote if they were ;-)

As you know I have nothing to sell so come from a place of honesty, integrity and truth.
I'm not suggesting those with things to sell aren't, just that occasionally they may mislead you just a little to get a sale. (I really should charge for my insights!)
My 'sale' does go directly into the Universal bank account, which you fund by reading, paying attention and taking Action if necessary.


Quick History lesson - Mortgage

Origin of the word Mortgage is from 1350–1400;
earlier morgage Middle English < Old French mortgage,
 equivalent to mort: dead (< Latin mortuus ) + gage:  pledge
= A pledge till death!

Repayment -v- Interest only?

Once you're involved with this pledge, which is the right payment to make?

Well it all depends, as always.  What does it depend on you may ask, well on your cashflow and equity!

If you invested recently, have good equity and high cashflow, maybe from a HMO, then repayment may be a good option - but what if you didn't…

Banks and population control 'dogma' has taught us that is a good idea to pay a mortgage off using repayment over a long term - NO!  This 'may' be true on your own home - but that thinking too has changed too now for some.

Firstly Cashflow 

Consider the following:
How is your cashflow?
Can you afford your current interest payments at the moment?

Now consider risk planning.
Did the apartment you buy have 'hidden' (as in the small print) service charges?
Is the boiler regularly serviced and insured? What about the pipes and other appliances?
What if your tenants leave with arrears and damage?
As you know you may have big bills that occasionally turn up unexpectedly or tenants leave a property and you have damage and vacancies to deal with, so it is good to keep some money aside.

Also when interest rated go up how is this going to affect your payments?
Might it not be a good idea to put some money aside now to cover for this later?
Many landlords have been lucky and are still in business because of low tracker rates but it's not going to last forever.

Do you want your cashflow to be in or out?

Next Equity

Many investors I know bought properties pre-2007 before the crash and have lost their equity and more.

Now if you think the markets can't go lower, did you think prices would fall 10% from the peak or how about 20%?  Well I think they fell around 25% and there is still plenty of downside.
So do you believe they could possibly fall another 25%? If not, why not… they already fell 25% and the USA has got some places where they fell 50% and more!  It could happen here too!!

So how is your equity position?
If it's good you might consider repayments and get the mortgage paid off sooner (I never said it was a bad idea to pay the properties off)

BUT if you're in negative equity (along with cash-flow challenges) then why would you increase your payments to give the Bank more money, making your current position worse and cash-flow even tighter?

Consider what else you can do with the money like putting it aside for higher interest rates or contingencies. Maybe even investing it elsewhere.

If you are doing repayment and still paying off negative equity and the market gets worse, then you're more likely to go bust and have been worse off in the duration.
If you do get into positive equity, there is still the risk of going bust - so why not leave the risk with the fat cat bankers who can afford it?

Of course if the market improves and you ride the storm through, then the equity will return and you can either make repayments then or sell the properties.

Remember you have to make it to the finish line to Win - and right now companies, corporations, businesses and even Countries are failing to do that!

This informational/ rationale/ thinking doesn't only just apply to your investments.

I have an intelligent friend who is thinking the same about his house and believes there are signs that property might go down another 90% (as this will hurt your head we're not going to cover this figure or reasoning right now) - just know that some markets in the US are down over 50% and who thought that would happen!?  He is happy to make interest only payments, invest the difference somewhere and let the properties go to the Banks if the situation gets worse.

If you get into financial difficulty later, they will try to take your house, even if you have plenty of equity in it!  You're just a number to cross off, a liability and an annoyance if not paying them more and more every month.

- No payments is also an option but I won't be discussing that here.
Yes it really is, if you're struggling you can stop paying and default.
Better to do it now than fund a bad position.
If you have no access to Government funding and bailouts it is easily justifiable.

People have to start treating houses and investments like business decisions not emotional things they have to hang onto.  When the business is failing get rid of it. 
The Banks do NOT give a merde (excuse my French) about you, so why should you care about them?
They've already been paid because they failed!  Don't let it cost you more if you have an option to give them less.

Want to hear the truth from the horse's mouth? Well your local branch of the Bank is a good place to start and you will be able to deduce the truth from what they won't say

Speak to your Bank Manager or Relationship Manager (aka. payment chasers with fancy titles) at your local Bank, as the call centres aren't paid to provide service and answer questions and Regional Managers and CEO's are too important to deal with you the lowly customer.  Someone in your branch can't 'accidentally' hang up on you or keep transferring indefinitely.

Ask them what they recommend would be the best payment method for YOU.  And wait for the answer…
You'll be surprised how they may start to waffle, start speaking legal or say they can't give advice.
If they do answer your question - (which was what is best for you) they will tell you to pay off your debt faster and give the Bank your money.

Really!?
Try it and see how much honesty you get with respect to you, as opposed to them looking after only the Bank's interests.


So which payment?

If you've thought it through, it has to be interest only in my opinion - saving the money for when rates go up and your payments increase or investing it somewhere else.

If the property market improves then great, the equity problem will fix itself.

If it doesn't improve, then at least you didn't feed the Banks from the bottom at the same time as the Government fed them from the top! Screwing you in the process if things don't work out.
Remember the house (bank) is always set up to Win (even if it means cheating) - so stop playing by their stacked rules!

Do what's RIGHT for YOU and your family! 
Not what a Bank employee says because they want to keep their job or hit their bonuses.



Bonus legal stuff


If you have a bigger portfolio and money to spare, do what the corporations do and separate the assets into 'good' investments and 'bad' investments.  This is all legal, though not very honest in my book - but it's OK as you would only be following the examples of our dishonest Government, untrustworthy leaders and the corrupt soul-less Corporate bankers.
Legal is a term used to turn dishonesty into 'acceptable' by lawyers and judges.

That way you can dump the bad assets or sell them on (sub-prime style) if they don't go well.
Please check the legalities of this with your accountant and solicitors - but note the answer may change the higher the fees you pay them (just how the system and lawyers work).
Find those lawyers (and judges) that re-represent councils, governments and Banks to find those with lower standards.



If you are having problems with your portfolio then give us a shout, I know we can help you turn it around or make it less painful making the changes you need to!


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Planet and Principles for Sale?

Having mentioned to a friend the other day that I was looking for work - but had decided it's important to work somewhere with ethics and morals, he asked for some examples of places where these are limited.

So I mentioned the Councils where they do everything they can to run as a 'business' whilst pretending to work for the people.  The Civil servants actually act like your bosses and require many forms to be filled in, so they can pass paperwork around like trees are going out of fashion (which they are) and justify other jobs.  Increasing Council Tax and providing no service, whilst outsourcing jobs and hiring people from overseas. Nothing says 'F*** You' to the people like a Council that takes money from people that live in it's Borough, doesn't provide service and then gives the money and jobs to those from outside.

I quoted people I know who had worked for Banks and earned in the region of up to £500 per day for Project management and IT work (yes Banks have more money than you think and when they need more they just tap up the tax-payers account through their own friendly bank, the Government). Where working in 'that environment' is almost soul destroying.
For Banks to be able to afford to pay people this kind of money whilst they continue questionable business practices, whilst charging interest on money they 'lend' but don't really have (yes it's true), harass people and force people out of homes by any means necessary.  Just another day at your national bailed out Bank!

Oil companies are pumping more out of the ground, spilling it wherever and are only profit focused not planet focused.  Yes we ALL live on this planet, not just CEO's and shareholders.  

Do you know the majority of money you pay for your fuel at the Petrol stations goes to the Taxman and Government?  What has your Government done for you recently, other than cut-backs and taken more?

Governments are taking part in Illegal Wars, spending tax-payers to bring 'Democracy' to countries which were probably doing OK without it.  In the process murdering people, collateral damage is a nice desensitised word for the death of civilians and human beings.  Incidentally many of these countries have lots of Oil, were debt free and one even wanted to use real money in the form of the Libyan Gold Dinar - so American and European paper currency would have been worthless and the world economy destabilised (even more than what the Bankers did to them).  Yes I know what the pop-News says (BBC, CNN, Fox etc..) but I just wanted to share facts to balance the PR Media spin.

So the general population and people are being raped of their wealth as bills go up and incomes go down!  Whilst the Govt and Banks printing presses devalue the little you may have had in your pocket.

Banks are providing loans to Bomb manufacturers.  And what were once great Engineering companies to work for, that the Nation grew on, are now involved in Arms Manufacture too.  Just because they make a component doesn't make it OK.  A gun would be useless if the trigger maker or the bullet producer or barrel manufacturer just said "No, I don't want anyone to die today just so I can get paid".


Do you know what my friend said to me…
"If it was a choice between principles and survival (in the form of money), I know which I'd choose."


Has the World gone mad but people refuse to see it - or is it just me?

So what am I ranting about today? CHOICES!

We all make choices everyday and every single choice has an effect on everyone else around us. 'Them' changing things isn't going to happen because they are foolishly waiting for you to change first as well.  So guess what…

That's right, when it dawned on me it became very clear.  Regardless of everything that everyone else does - it is still up to ME (you?) to make different choices and better choices that affect everyone else.  Why should anyone else think differently when you don't?

We all know the difference between right and wrong - but to know and not to do, is not to know at all!


What can you choose do do?

Get educated. Know what policies those companies around you subscribe to, through their actions not their political lip service.

Fill up your car less often and travel less.  Turn off your lights and heating when you don't need it.
STOP buying crap that you don't need. It is the job of the PR companies and Advertising Executives to may you buy 'stuff' and make you think you need to be 'dependent' on it. Wake up!

Shop with local shops that care about your name and not just the number on your clubcard.  

If you're doing business with a company that you know to be involved in crimes abroad or funding murder, with low ethical standards and morals - usually soul-less for profit only corporations (that throw a couple of pence to charity occasionally so you think they're nice).  Just say no to dealing with them.

It's fine if you still use these companies at times, just be aware about it and your choices.

Find a company where you can speak to the owner and know there is someone that cares about your business and you.  Where your custom really matters and you're not just another number.  They do exist. Maybe your friends and family own such companies or work for them. Find out and ask them. Support them in a country full of corporations trying to sell you less for more.


People have forgotten that it is not a choice between survival and principles but how much you will sell your principles for!  You will always survive.

I believe the choice my friend was referring to wasn't about 'survival' - but between 'enough money' and 'are your principles important to you'.  Look around and see how people are voting with their actions.  Have they let their principles sail down the river and waved goodbye?  Do they look the other way at injustice? Do you?


There are many ethical, moral and conscientious people and companies out there; that you can work for and do business with - why would YOU choose one that wasn't?

Why expect anyone else to change when you won't.

Now that you're more aware are you going to act differently? I do and hence why I'm sharing this with you as I care about a lot more than just myself and the 'principles for money' sale that is now on.

What do you still stand for?

Peace!

Bobby


Your family needs you, your friends need you, your community needs you, your country needs you, humanity needs you, OUR PLANET NEEDS YOU!

White collar crime - Banks steal houses!

Coming to a home near you soon? Or actually ask your friends and family because the white-collar criminals are likely already operating in your street lurking in the shadows!

If you've got such stories about UK Banks, then write in and let us know - the last thing they want is people discussing their crimes in public even though they're spending the public's money and harassing those very same people!

"Robo-signed documents, false affidavits and failure to notify defendants are just a few of the ways banks and their lawyers are accused of mishandling foreclosures."

When these things are happening there would naturally be investigations into these crimes and corporate frauds - but the Police and justice departments are not interested in pursuing them.

Why would that be when the crimes are so public?

Why do criminal Bankers have no limits on what they will do and then seem to be exempt from investigation?  Maybe it is because they think they are 'above the law' and have 'unlimited' government funding that they do what they want.

So what is white collar crime?

"Within the field of criminology, white-collar crime has been defined by Edwin Sutherland as "a crime committed by a person of respectability and high social status in the course of his occupation" (1939). Sutherland was a proponent of Symbolic Interactionism, and believed that criminal behavior was learned from interpersonal interaction with others. White-collar crime, therefore, overlaps with corporate crime because the opportunity for fraud, bribery, insider trading, embezzlement, computer crime, copyright infringement, money laundering, identity theft, and forgery are more available to white-collar employees."

- http://en.wikipedia.org/wiki/White-collar_crime

It looks like Bankers are in the perfect place to be taking 'money' home with them.
They even have systems in place and what looks like 'agreements' with lawyers, courts and judges to allow their paperwork pass through the system whilst the little guy gets stomped on!

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Here's just some of the things they are up to:-

Wall St Banks have been caught stealing homes through fraudulent foreclosures.
They are moving people out of their homes before foreclosure completes, even emptying homes of possessions.
Telling people they have to be in arrears before they will help under new anti-foreclosure laws, then foreclosing because they are in arrears.
When people call for help the people are given fake phone numbers to get help.

Using illegal document to get foreclosures.

Faking foreclosure documents.
Foreclosing on homes that have been paid off.
Even setting up boiler room courts to rush them through.

Get more info and read about the crimes at: 

http://warintel.blogspot.com/2010/12/wall-st-banks-steal-homes-with-impunity.html
http://www.rollingstone.com/politics/news/matt-taibbi-courts-helping-banks-screw-over-homeowners-20101110

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In this story Bank of America 'steals ashes of dead husband and ransacks house' after foreclosure.

"A bank has been accused of unlawfully seizing the ashes of a dead husband from his grieving widow’s home.  Bailiffs working for the Bank of America are said to have broken into the Mimi Ash’s house during a foreclosure before ransacking the place.  And, according to a U.S. lawsuit, they helped themselves to family and childhood photographs along with her son’s ski medals while cleaning out the entire house.

Ira Rheingold, executive director of the National Association of Consumer Advocates, said that bank errors were happening all the time.  She said: ‘Every day, smaller wrongs happen to people trying to save their homes: being charged the wrong amount of money, being wrongly denied a loan modification, being asked to hand over documents four or five times."

Read more at: http://www.dailymail.co.uk/news/article-1340863/Bank-America-steals-ashes-dead-husband-ransacks-house.html

These small wrongs compound to great injustices!

Yes, this what is really happening. It's not a perfect world out there and it is time for people to support each other, share the truth and fight back against the white collar crime that is increasing around you all the time.

Bobby

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Watch this video below to see the deals that American banks are getting and would you be surprised if the same was happening in the UK and worldwide?
It may be a year old but it's still relevant today. Stay informed and share the information.  Homes are for living in, humans for being treated respectfully and Bankers, well I'll let you figure out what they are good for...
See how they play the numbers game to show that profits are more important than people!

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Those Indymac boys were given deal by the FDIC, and borrowers were strong-armed




http://www.youtube.com/watch?v=ssl5yb7FewA

Transcript: "Does the Government REALLY want to fix this financial mess we're in?

Like many banks during the world financial meltdown in 2008, IndyMac closed it doors. Months later, its assets were seized by the FDIC and sold to OneWest Bank by the US Government.

Well, guess who owns OneWest Bank: That would be Goldman Sachs; with bigtime VP Stephen Munchen and bigtime investors, George Soros and John Paulson - of no blood relation to ex-CEO of Goldman Sachs, Hank Paulson - who would be the ex-Secretary of the Treasury.

All IndyMac's residential property mortgages were purchased by OneWest at 70% of their value; all HELOCs were purchased at 58% percent of the value.

But just in case the OneWest guys would feel cozy and warm, the FDIC stepped in and decided to cover 80% to 90% of the losses, due to short sale or foreclosures that they might incur from those naughty IndyMac-mortgaged homeowners...

The reason why we think you should know about this case is because the Loss Calculations are based on the ORIGINAL home mortgage and NOT the 70% of the ORIGINAL value at which it was purchased by OneWest.

This is an actual sample case fro one of our TBWS viewers…now, this is going to get your blood boiling!

Take an actual loan $478,000 + 6 months of missed payments for a grand total of $485,200. OneWest Bank paid 70% or $334,600 for that loan. ($485,200 X 70% = $334,600).

Then, that underwater homeowner got an all-cash short sale offer for his home that netted $241,000 to OneWest Bank.

Now, according to the FDIC formula, you take the actual amount that OneWest paid for the mortgage: $334,600 but instead they get to use the ORIGINAL amount of the mortgage of $485,200 MINUS the short sale offer of $241,000 and you have an "Adjusted Loss" of $244,200.

Next, according to the sweetheart deal, the FDIC writes a check to OneWest bank for 80% of the net loss ($244,200 X 80%), so the Taxpayer, courtesy of the FDIC pays OneWest $195,360.

Now, ADD the $195,360 paid by the Government to the short sale offer of $241,000 and One West Bank just made: $436,360 on a loan that they only bought for $334,600! And all they had to do was sell it for what they wanted to!

Guys! They can't lose money on this deal! OneWest Bank just profited on this short sale to the tune of $101,760 -- all because of the sweetheart deal they made with the FDIC.

So, if you ever ask yourself, "Why is it so hard to get a mortgage loan?" The answer is that *there's too much money to be made on short sales and foreclosures.*

Ready for an encore? The house still was sold for less than the original loan amount and the *borrower was forced to sign a promissory note for $75,000* to OneWest Bank!

So who really wins in the end? Well, just let you decide...

By the way, the FDIC just announced that they would start needing to borrow money from the Treasury -- the Treasury being the place where all those Goldman Sachs guys used to call home before they called OneWest Bank home.

If you're as mad about this as we are, share this with as many people as you can, so we can all understand more about this business that we care so deeply about..."

Banks Put Profits Before People

If it's possible to make money out of gullible or unsuspecting customers, that's perfectly acceptable.  The Banks pay huge bonuses because they know they can get away with being bailed out to the downside by the Government and taxpayer.  They are not 'too big to fail' but think they are 'too important to fail' - where in reality, with the billion pound bail-outs we're about to find out that they will ultimately be 'too big to save'.

Of course Banks put profits before customers, how else does a business make decisions, especially when you are part-nationalised and insured against any risks?

The delusional Chief executive of the British Bankers' Association Angela Knight says “the industry had reformed radically" - which bank is she talking about in particular that would lead her to think this was true? The Banks believe they can fall back on the taxpayer because it has been proven to be so.

Nick Clegg says he's angry about the Banking industry and it's actions - well do something about it then!!! Otherwise scenes like those seen in London a week ago are likely to repeat themselves again and again...

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"Just weeks after Chancellor George Osborne signed Project Merlin the Bank of England governor Mervyn King has questioned why banks are trying to maximise short-term profit at the expense of customers.

In a Daily Telegraph interview Mr King attacked the banking bonus system warning that failure to reform the sector could result in another financial crisis.

Mr King said that, over the past two decades, too many people in financial services had thought "if it's possible to make money out of gullible or unsuspecting customers, that's perfectly acceptable".

He said: "Why do banks in general want to pay bonuses? It's because they live in a 'too big to fail' world in which the state will bail them out on the downside."

The Project Merlin deal previously struck with the banks agreed that in return for the bank’s lending more money and showing restraint on bonuses, the UK Government would not take any further action on pay and profits.

"We've not yet solved the 'too big to fail' or, as I prefer to call it, the 'too important to fail' problem. The concept of being too important to fail should have no place in a market economy. There is too much weight put on the importance and value of takeovers and it doesn't make sense to destroy a company with a sound reputation in the hunt for short-term profits."

Mr King also drew a contrast between manufacturing companies, who largely care about their workforces, customers and products, and the banks. "There's a different attitude towards customers. Small and medium firms really notice this: they miss the people they know.”

Chief executive of the British Bankers' Association Angela Knight said “Some in the industry had got it badly wrong during the financial crisis but since then the industry had reformed radically. We entirely agree that no bank should believe it can fall back on the taxpayer. I sincerely hope Mr King is as committed as we are to forming a good relationship when the Bank of England takes over regulation".

Banking chiefs said they "respected" Mr King but disagreed with his comments..

The Con-Dem Deputy Prime Minister Nick Clegg told delegates at the Scottish Liberal Democrat spring conference in Perth:"I agree with Mervyn King, the job of making our banks safe and responsible is not yet complete, I understand why people are angry when they hear about the super-sized salaries and bumper bonuses awarded to top bankers. I am too”.

Read the full article by Mike Clarke at: www.mypropertypowerteam.co.uk

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