'Dump Trump': Tens of thousands join global march

'Dump Trump': Tens of thousands join global march
Demonstrators arrive on the National Mall in Washington, DC, for the 'Women's March on Washington' on January 21, 2017 (AFP Photo/Andrew CABALLERO-REYNOLDS)

March for Science protesters hit the streets worldwide

March for Science protesters hit the streets worldwide
Thousands of people in Australia and New Zealand on Saturday kicked off the March for Science, the first of more than 500 marches around the globe in support of scienceThousands of people in Australia and New Zealand on Saturday kicked off the March for Science, the first of more than 500 marches around the globe in support of science

Bernie Sanders and the Movement Where the People Found Their Voice

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) -

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Hong Kong's grandpa protesters speak softly but carry a stick

Hong Kong's grandpa protesters speak softly but carry a stick
'Grandpa Wong' is a regular sight at Hong Kong's street battles (AFP Photo/VIVEK PRAKASH)
A student holds a sign reading "Don't shoot, listen!!!" during a protest
on June 17, 2013 in Brasilia (AFP, Evaristo)

FIFA scandal engulfs Blatter and Platini

FIFA scandal engulfs Blatter and Platini
FIFA President Sepp Blatter (L) shakes hands with UEFA president Michel Platini after being re-elected following a vote in Zurich on May 29, 2015 (AFP Photo/Michael Buholzer)
"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Wall Street's 'Fearless Girl' statue to stay until 2018

Wall Street's 'Fearless Girl' statue to stay until 2018
The " Fearless Girl " statue on Wall Street is seen by many as a defiant symbol of women's rights under the new administration of President Donald Trump (AFP Photo/ TIMOTHY A. CLARY)

“… The Fall of Many - Seen It Yet?

You are going to see more and more personal secrets being revealed about persons in high places of popularity or government. It will seem like an epidemic of non-integrity! But what is happening is exactly what we have been teaching. The new energy has light that will expose the darkness of things that are not commensurate with integrity. They have always been there, and they were kept from being seen by many who keep secrets in the dark. Seen the change yet?

In order to get to a more stable future, you will have to go through gyrations of dark and light. What this means is that the dark is going to be revealed and push back at you. It will eventually lose. We told you this. That's what you're here for is to help those around you who don't see an escape from the past. They didn't get their nuclear war, but everything else is going into the dumper anyway. … “

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Tuesday, March 13, 2012

Letting Banks Shed Capital Won't Build Confidence: View

Bloomberg, by the Editors Mar 13, 2012

The Federal Reserve has a number of powerful tools it can use to restore confidence in the U.S. banking system. Allowing banks to weaken their financial positions shouldn’t be one of them.

On Tuesday, the Fed released the results of the toughest bank stress tests it has yet performed. Designed to ensure that the largest U.S. banks can survive a severe recession and renewed housing crisis, the tests included a 52 percent drop in the stock market, a 21 percent decline in house prices and a 5 percent contraction in economic activity -- similar to what actually happened from 2007 to 2009.

The tests had the desired effect: Bank shares rose sharply Tuesday afternoon as news emerged that major institutions such as JPMorgan Chase & Co. and Bank of America Corp. had passed. The results, which the central bank laudably published in detail, show that 15 of the 19 largest U.S. banks would survive the worst-case scenario without falling below minimum capital levels set by regulators.

Good as the stress tests were, they don’t mean the U.S. banking system is out of the woods. Three major banks -- Ally Financial Inc., Citigroup Inc. and SunTrust Banks Inc. -- didn’t pass, and investors still don’t have much faith in the reported capital levels of many of the rest. If the Fed wants the positive results of the stress tests to last, it should err on the side of caution in approving banks’ plans to pay dividends and buy back shares -- moves that benefit shareholders but also deplete capital.

Big Payouts

Early reports suggest that payouts at some banks could exceed already high expectations. JPMorgan, for example, announced a dividend and buyback plan that could cost more than $16 billion this year, compared with the $13 billion analysts had expected. In all, analysts had estimated that the five largest U.S. banks would pay out more than $30 billion this year, up from about $26 billion last year, according to Bloomberg News.

Supporters of such payouts argue that they are good for confidence because they promote the perception that the banking system is on the mend. Financial institutions, they say, have ample capital by the measures regulators follow most closely. The five largest U.S. banks have an average Tier 1 capital ratio of 12.5 percent, more than enough to meet the more stringent international standards that take effect in 2019.

Investors, though, have good reason to doubt those numbers. In the simplest terms, a bank’s capital equals its assets minus its liabilities. In their financial statements, the banks themselves admit that the values they place on assets, such as mortgages and consumer loans, don’t reflect what those assets would fetch in the market. Bank of America, for example, reported that as of Dec. 31, the fair value of its loans was about $27 billion less than the value the bank gave them on its balance sheet. That’s more than 12 percent of common equity, a basic measure of capital.

Investors’ doubts are reflected in the disparity between the market value of some banks’ shares and their book value -- that is, the amount of common equity the banks say they have. Even after the stress-test rally, Citigroup’s shares were trading at a discount of about 40 percent to book value, and Bank of America’s at 58 percent, according to data compiled by Bloomberg. JPMorgan’s shares traded at a 7 percent discount. In all, the market value of the country’s five largest banks falls about $160 billion short of their combined common equity.

Given the size of the banks’ credibility gap, allowing them to pay out more than $30 billion in cash is unduly generous. It might temporarily cheer shareholders and enrich some executives, but it’s hard to imagine how it will bolster confidence or make the banking system healthier.

Read more opinion online from Bloomberg View.

To contact the Bloomberg View editorial board: view@bloomberg.net.

Related Article:

Citigroup shares fell 4% after the announcement it
would not withstand the Fed's financial shock scenario

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