The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label stick. Show all posts
Showing posts with label stick. Show all posts

Saturday, March 25, 2017

First the stick and now the carrot as India to offer rewards for citizens who get rid of cash for digital payments

Back in November of last year India's Prime Minister shocked his 1.3 billion citizens by suddenly declaring the two largest denominations of the Rupee to no longer be valid legal tender.  This in turn caused a massive rush from the people to exchange their currency for hard assets such as gold and jewelry rather than to simply fall in line by turning in their money to their nearest banks.

And while some Indians have accepted the Modi plan of creating a new cashless society, many still are fighting to sustain their long tradition of transacting in physical cash.

So while the past few months have seen the government not only confiscate cash, but also invade private residences of those who might be harboring banned currency, one Chief Minister is now shifting gears by offering rewards to citizens who eagerly move towards digital finance, as he seeks make the city of Gao the world's first completely cashless municipality.

Porvorim: Chief minister Manohar Parrikar, while presenting the annual state budget on Friday, announced that his government intended to carry on with the on-going nation-wide drive to make the economy as much cashless as possible. 
"The government will encourage digital payments and make it financially rewarding. I propose to formulate an appropriate policy in order to discourage cash transactions," Parrikar said, adding that the government would be strengthening the state's IT infrastructure to permeate high-speed broadband connectivity to every corner of Goa in the next two years. 
Following the decision to demonetize Rs 500 and Rs 1,000 notes, the then defence minister had envisaged Goa as the first state in India to become a cashless society. He had set a deadline of December 31, 2017, to achieve the target. 
"Goa will be the first to become a cashless society in India. We have to support the Prime Minister's dream," Parrikar had said in November, adding that one can do anything once he/she has registered her/his mobile number with a bank under the central government unified payment interference. - India Times

Wednesday, May 23, 2012

Facebook fallout: Nasdaq cites computer glitches in pre-market trades for IPO

The fallout from the Facebook IPO has now stretched far beyond the drop in stock price.  On Tuesday, Morgan Stanley was issued a subpoena to appear before a District Court on the grounds they pre-loaded information to 'certain investors', while at the same time allowing retail to walk into a money trap. 



Today, the repurcussions of the largest IPO in history took another turn as Nasdaq cited 'technical problems' which kept many traders from receiving confirmation of their purchases for more than two hours on Friday.

As the WSJ reports: "A senior Nasdaq Stock Market official told customers Tuesday afternoon that it would have pulled the plug on Facebook Inc.'s initial public offering had it known the full extent of the technical problems that plagued its systems. On a conference call with brokers after Tuesday's close, Eric Noll, head of transaction services, said the exchange "by no means would have gone forward" with the much-watched Facebook debut if it had known problems would disrupt a "normal trading day." "In retrospect, it was incorrect," - Zerohedge

What this boils down to is that the potential of today's high frequency trading in the markets (up to 75% of all trades), could quite feasibly killed the market for Facebook, as volume on opening day literally put the mega-machines on tilt.

There is a reason Lindsey Williams said on Coast to Coast AM on Monday that the elite NO LONGER PLAY THE STOCK MARKETS, and that paper trading is simply opium for the masses to make them FEEL wealthy, while using this platform to rob the wealth from the public.