Search Results for: hana

  • The Complicated and Confusing History of the 2nd Amendment

    ByPrimary Researcher

    … required to appear armed at church — and that the priest checked with each man entering the church to make sure they were armed and to send them perhaps home to fetch their gun if they were not. Something else curious about this was that many men did not have a handgun (guns were much more expensive versus the average earnings than today) — which means many would have had to show up at church with an unconcealed rifle.
    The Difference Between 1780 and 90s US and the US of Today.
    In 1791, the US was primarily a rural country and tiny

  • How Fringe Lenders Violate User’s Privacy

    ByPrimary Researcher

    … defaulting loans to other private buyers—transactions that are often kept secret. Once you have entered into a contract for a loan with one of these lenders, the right to collect on that loan can be sold to any third party. The post office’s collection process, on the other hand, would have to be made public and submitted to agency and legislative review, which would offer more transparency than any other current lending and collecting mechanisms. The individuals involved would maintain the same, if not higher, privacy protections granted to all other customers of regulated banks.
    Source: How the …

  • Is Panorama Consulting Correct Companies Should Not Develop Custom ERP Systems?

    ByPrimary Researcher

    … was scheduled to take a total of five years to complete. During that time, a brand-new commercial payroll system would be built. The system would replace the paper timesheets and hand scanners that were currently in use.
    One of the leading technology application companies in the nation, SAIC was a natural choice to lead the effort. However, as early as 2005, suspicions arose about a kickback scheme siphoning money from the project.
    The scheme, which included wire fraud and money laundering, caused the project budget to skyrocket. Eventually, the total estimated cost to taxpayers was close to $760 …

  • What is Usury?

    ByPrimary Researcher

    … He shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.” There were, however, loopholes in the blanket prohibition. Specifically: “Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury, that the Lord thy God may bless thee in all that thou settest thine hand to in the land whither thou goest to possess it” (Deut. 23:19). Jewish leaders interpreted this to mean that although Jews could not lend with interest to other Jews, they could lend freely to Gentiles. Ignoring these

  • The Problem With ERP Software Selection Advisement Companies

    ByPrimary Researcher

    … One hopes not right?
    Therefore, in these quotes, it does not look like Panorama Consulting is independent at all, but instead is a cat’s paw of the ERP vendors. If I had not known that the information provided by PC in this article was false due to my first-hand experience in the topic, I would have walked away from reading the article with a misunderstanding of the topic. PC clearly believes they can claim independence, but then provide interviews or publish material that is identical to that of software vendors, and that this fact will not be noticed …

  • How Does the US Have an Income Inequality of a Preindustrialized Country?

    ByPrimary Researcher

    … Gini coefficient for wealth, except for China, have industrialized. And China only just industrialized in the past 30 years.
    China is fascinating because it has a public rather than a private central bank. This should be a significant advantage in reducing wealth inequality. Yet, China demonstrates that China still has a very wealth unequal society even with a shared central bank that focuses on the nation’s interests rather than just private banking interests (as is the US Federal Reserve).
    The United States “Hanging Out” With Latin American and African Countries in its Inequality Outcomes?
    Secondly of the countries in

  • Banking Failures in the Great Depression and the 1930s

    ByPrimary Researcher

    … requested directorships on company boards. J. P. Morgan himself held seventy-two directorships in forty-seven of the largest corporations in the country. According to Brandeis, this situation was ripe with conflict and self-dealing. Even though the era preceding the Great Depression saw increased concentrations of wealth in the hands of the few, Brandeis was not concerned about wealth inequality. What worried Brandeis was the increased influence of those who used other people’s wealth. He explained the difference using J. P. Morgan’s bank as an example: “They control the people through the people’s own money.… [Personal …

  • The Historical US Concern With Banking Concentration

    ByPrimary Researcher

    … to bank the poor must recognize that centralized, national, and large banks won a decisive victory over small community banks. Alexander Hamilton rightly believed that government-controlled central banking was essential to coordinating a modern economy. But Thomas Jefferson was also right that permitting banking power to accumulate in the hands of the few does so at the expense of the many. The dilemma of living in a Hamiltonian banking world without addressing the Jeffersonian nightmare of inequality has led to the current crisis of the unbanked. But there is a Hamiltonian solution to Jeffersonian fears: a public option in …

  • World Bank: Banking Profile

    ByPrimary Researcher

    … the real eye-opener is in the failure of socialist ventures, those magnificent projects which were to bring prosperity to the underdeveloped countries. Here are just a few examples. Before receiving loans from the World Bank, Tanzania was not wealthy, but it fed its own people, and it had economic growth1. Graham Hancock, Lords of Poverty: The Power, Prestige, and Corruption of the International Aid Business (New York: Atlantic Monthly Press, 1989), pp. 59,60.
    Source: Creature From Jekyll Island
    https://www.scribd.com/doc/54912935/The-Creature-from-Jekyll-Island-G-Edward-Griffin
    The World Bank is barely …

  • How the Savings and Loans Changed Over Time

    ByPrimary Researcher

    … rather than the market value. It wasn’t long before appraisers were receiving handsome fees for appraisals that were, to say the least, unrealistic. But that was not fraud, it was the intent of the regulators. The amount by which the appraisal exceeded the market value was defined as “appraised equity” and was counted the same as capital. Since the S&Ls were required to have $1 in capital for every $33 held in deposits, an appraisal that exceeded market value by $1 million could be used to pyramid $33 million in deposits from Wall Street brokerage houses. And …