[QUOTE="AnnoyedDragon"]As Henry Ford put it "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." I'm no banker, but somehow that resonance within me. The problem now is that the banks have a iron grip on everyone and everything. Past generations supported the credit scam and now it is intertwined with everything from buying a car, renting an apartment, starting a business, attending higher education...it is a shame that somehow during the past few decades the banks have gained so much power.I don't think most people comprehend how evil and disgusting the banks are. A lot of people are learning about it now because of the financial crisis they created, but this is going back centuries; that banks have just screwed people over and over again. Banks haven't started being *** in the last couple of decades, it's a long line of criminal activity and immorality.
Even right at the beginning, when the first banks were created, they were responsible for horrendous fraud that destroyed people's life savings. Banking itself is essentially a legalized form of fraud, if any of us tried to do what bankers do on a daily basis; we'd serve a long jail sentence.
In the 1980s, the last time the bankers blew up the system with their activity; and had to get a bailout. One thousand bankers went to jail. How many bankers have gone to jail today? That's right, they're getting better at conning the system.
Now, now the banks don't even need us. They cannot make loans without deposits, but thanks to today's artificially low interest rates; they can acquire unlimited interest free money from the Fed. So why do they need you? Why do they need businesses? They can get all the money heroin they want, and then gamble with it on the world stock exchange, the gambling economy. They keep the profits for themselves, socializing any losses they make to the taxpayer; by selling bad assets to the Fed.
They don't care if things are bad for you, it's a traders paradise out there, regardless of what happens to the world economy. In fact they want things to get worse, they dream of recessions, because there is so much money to be made from your suffering.
http://www.youtube.com/watch?v=aC19fEqR5bA
Victorious_Fize
Also, the Federal Reserve has been intentionally inflating the American money supply for some time now (300 billion stimulus less than a year ago, not to mention the multiple injections of cash flow in 2008). This has allowed powerful American based international banks such as BOA, Sachs, Citi, B&F to have even more leveraging power over the American population because so many NEED loans/credit to buy anything at all because the price of the dollar is so devalued. In fact, in the government truely support the American populace Bernanke would probably be tried for treason by now.
Andrew Jackson succeeded in ending the Federal Reserve and it's support of corrupt private banks a century ago, but now they have more power than any government on the face of the planet.
Log in to comment