Is The World About To Adopt Gold-Backed Money?

“The millennium has not arrived & the world is not about to adopt gold-backed money, never mind what World Bank apparatchik & Commissar Robert Zoellick said on 7 November in his Financial Times article. He wrote verbatim, “The system should also consider employing gold as an international reference point of market expectations about inflation, deflation, …

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Cash Flow Note Seller Used Loophole To Bilk Investors

Despite his criminal past involving bank fraud, cash flow note seller Frederick Darren Berg was able to freely operate what federal authorities now charge was an elaborate Ponzi scheme that bilked 1,000 Seattle-area investors out of at least $100 million. That’s because Berg set up his Meridian investment funds as “private offerings” — a category …

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State Attorney Generals are investigating ‘Foreclosuregate’ but no prosecutions for wrongdoing are being considered

Source:  http://www.realityzone.com/currentperiod.html State Attorney Generals are investigating ‘Foreclosuregate,’ but no prosecutions for wrongdoing are being considered. The focus, instead, is on how to keep homeowners in their homes and how to keep the banks in business. In the aftermath of the S&L fraud of the 1980s, there were over a thousand felony convictions. The recent …

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Meridian’s Berg arrested on additional fraud charges

Oct, 21, 2010 – Federal agents have arrested Frederick Darren Berg, the founder of the failed Meridian Group mortgage investment funds, on new charges of wire fraud and bankruptcy fraud after learning that he apparently tried to hide money from bankruptcy officials and federal prosecutors. http://seattletimes.nwsource.com/html/businesstechnology/2013225668_berg22m.html

Are You Prepared For The Largest Tax Hikes In The History Of The U.S.?

“I can make a firm pledge.  Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes… You will not see any of your taxes increase one single dime.” — …

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Meridian Mortgage investment company founder Darren Berg charged in fraud

Federal prosecutors charged Frederick Darren Berg, the founder of the failed Meridian Mortgage investment funds of Seattle, with 10 counts of wire fraud and money laundering Thursday, alleging he conducted a long-running Ponzi scheme that raised more than $350 million for purported mortgage investments but actually funneled millions of dollars to himself. Story:  http://seattletimes.nwsource.com/html/businesstechnology/2013164237_bergcharges15.html

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