Wednesday, January 12, 2011

Blatant Corruption by the Banksters


Banksters are not just the banks.   They are the Humongous Bank and Broker, aka HBB.  The brokers are the ones who primarily took control over financial regulations.   So even though now they have a "Schwab Bank" most people think of banks as Citi, Wells Fargo, etc.--- but please don't let the big brokers off the hook--they are active participants in this great transfer of wealth.  

The banksters (HBB) have been creating the rules so that they can claim income they never received and probably will never receive on bad debts.   That lets them inflate their earnings now, so they can justify huge bonuses while Rome burns.   Then a few years down the line, when they might be forced to recognize these bad loans and reality that they never received the interest much less the principal, then they can "blow up" and get another bailout on Fed/Taxpayer shoulders.   Nice.

Search Google for Soros new World Order.

Seems like Georgy is getting senile...doesn't he know that stuff is supposed to be a secret.

If you want to live in interesting times, be careful what you wish for.

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Insightful and Useful Comment!