MISSING THE POINT
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It’s curious to me that every country in the world is going through some sort of economic/financial crises. The Europeans are verging on financial collapse, the U.S. is in constant crisis over the deficit and high unemployment. They all see the answer as cutting spending and reducing Government spending and regulations. No one seems to see the obvious. The real culprits in this economic Armageddon are the huge central Banks, like the FED, IMF, ECB, Deutsch Bank, etc.. The controllers and printers of the money and therefore the Credit. They, not the governments decide if the economies prosper or decline.
No country or government has the courage to try and take the power from these manipulators of the world. The extreme proof is in the recent exposure of the crimes committed by these money barons and the lack of prosecutions of any of the management or their CEO’s. In this world of the mega-rich, their power and money allows them to dictate to countries what is good for them not the countries. Their façade of convention and righteousness makes quite a show for the masses. They believe their wealth makes them proper and pillars of the community, when in fact they are slowly raping the people of their meager savings and stealing their property. All this is done in the open under the guise of investment banks and insurance companies. They work for no one, only for themselves and the almighty dollar.
Now if the countries and companies don’t conform to their credo they will simply have their cronies at S&P downgrade their credit ratings or put them on a credit watch list thus making their bonds and stock worth a lot less. Recently Germany tried to float a bond sale after telling the big Banks they needed to eat 50% of the bonds they bought from Greece and the banks agreed but then torpedoed them on the bonds. France also backed off fearing a similar reaction. S&P has them both on a watch list and is going to downgrade their credit ratings and today downgraded Germany , teaching them a lesson not to mess with the money boys, even if they are the biggest economies in Europe. Even the powerhouse of Germany with one of the best economies in the World are buckling under to the Banks.
This equation is missing one important component, “THE PEOPLE”!! they are completely ignored as they are considered an insignificant part of the labor needed. The banks own Wall Street and most of the debt secured by real estate in the world. None of the power elite care about the people and consider us a nuisance in their plans for the New World Order.
This article is just a reminder of who we all really work for, let them know we are not happy and we are taking our money out. Notice the results of moving our money from the “Banks” to Credit Unions and closing our accounts. Those new fees are rapidly disappearing and aren’t the banks being really nice to us and tempting us with their bulls**t freebees and old style bribes. Tell them to go to hell and let’s close them down, for our own good.
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I think Iceland stood up to them! Said "we didn't cause this mess, and we aren't paying for it!"
A triumph of the Human spirit.
It's just a matter of waking up and getting angry....and we are there.
And no level of the continued lies and manipulation can erase the truth.
And the Genie is never going back in the bottle.
Bloggo got 14 years for trying to sell a senate seat....these cats sold America....wonder what their punishment should be.....?
Hi Mike! Back in the frozen north keeps me busy. Don't let them fool you mike they don't know anymore than you do. They just want everyone to believe they are the only ones that can run the money system. It is a bunch of BULL. The Credit Unions are community oriented and can't do business outside their state. The banks have all the opportunities the brokers do and can gamble your money like they did and lose it. They can sell stock and create fantasy companies and lie and steal a lot of money which they did. Credit unions make their money the old fashion way, they invest their deepositors money in loans ande real estate. The Banks can do what ever they want and have, they caused the sub-prime bubble that burst and are getting suede for it by everyone. I like the Credit Unions. If everyone took their money out of the banks and put it into C. U.'s we could teach these thieves a lesson and put them out of business and make them smaller so they are not "to big to fail".
Thanks Mike,
Peter
lovemychris, I think your right about Iceland and we need to get on board and show the banks we don't need them, they need us. Their punishment should entail putting them in prison and closing their compnies. Thanks for the great comments,
Peter
Everyone knows the real culprits. But they "own" the politicians and decide if they will get re-elected or not. Just as the unions decide the same for left wing administrations. All seems a bit petty and far away when you are surrounded by millions of square miles of mountains and tundra don't it? Bob
Hi Peter,
Yupper, the "new" deal in Europe allows investors to avoid losses.
Who takes it on the chin - the citizens.
Politicians know that if the banks incur any more losses then another bailout is needed and we all remember how well that went over last time.
Have to end the FED - get the derivatives market under control ( a market that is totally "shadow" no rules, or regs, no government watchdogs").
Right now every bank is bankrupt - their balance sheets are a scam.
This will take decades to resolve, with the middle class taking it on the chin.
To your continued success.
Cheers
Much to consider here. I had an uncle banker who lined our too much to hungry farmers in his small town. He committed suicide.
Bob the Alaska Wilderness is not big enough to hide all the crimes committed against the people of the world by the Banksters. I hope we don't have to wait for the whole system to collapse before we control our own destinies. Thanks,
Peter
claptona, all central banks need to be eliminated and to let the countries control their own currencies. I am sceptical that there will even be a middle class left if the Banks keep sucking up the money for themselves. Thanks for the insight and comment,
Peter
Hi Storytellersrus, the stories of what the banks have done to the people are good and bad, mostly bad. I don't know how these people who rape the monetary systems of the world can sleep at night. Sorry to hear about your uncle, Thanks
Peter
The whole idea of creating the Fed and all the other ubber banks was a bad idea in the first place. What we ended up with is a system where a small group(s) of people control the monetary systems around the world. The men behind the curtains are what I want to see.
It s our money they play monopoly with and I have met few poor bankers in my life. We pay those clowns to to, at times, rape and pillage. When you have a guy like Corzine tell Congress that he doesn't know where the money went I have to choke on bile. Sure he doesn't but Santa will also be here soon.
Ever wonder why Congress doesn't want the Federal Reserve audited? I sure don't.
The Frog
Yes, I had to wonder too when Corzine said he doesn't "know" Very strange for the "boss" not to "know." A small businessman won't get away with not "knowing"
I recently heard about some other CEO getting a golden parachute of $12 million. I just don't quite understand that. I wonder what he didn't "know."
You know, Peter, I like and listen to both you and Will Starr, and you both seem to know what you are talking about, yet you are both at opposite ends of the spectrum. I don't understand that, either, but I thank both of you for keeping us in the "know."
Great article, Peter, These folks are a power where even the president is nothing more than a shoe shine boy. It is so much like a black hole, invisible to most but possessing gravitation force that sucks everything in that comes near it. As Claptona ssid in his article, we are dancing perilously close to the ravine. In the face of all of this maybe films like "the Matrix" are not so much the stuff of science fiction.
In the face of all this maybe the two party system is just a sham, a holographic program for the masses to take in
Frog your assessment is right on and we know that even the 1% are subject to the dictates of the "BIG BANKS". I would suspect that the congress knows that some folks just disappear when they go after the likes of the FED, like JFK in '63. Hope we can survive the power of "BANKS". Thanks for the comment,
Peter
Will and I have our own points of view and we're both right, we need to know all the angles to protect ourselves. There is no right and wrong only the truth.
Peter
Creedence, the supposed two party system is totaly controlled and scripted by the controllers of the money. This is done for the benefit of the sheep who follow the program and are brainwashed to believe they are superior and are the only ones who know what to do. They do it for themselves and only themselves. The whole thing is a "B" movie script. There is no happy endeing and no bright future with the BANKS writing the scenes.
Peter
Wow, that was a major type-o in my comment. Sorry. Serves me right for trying to type a comment into my cell phone. I hope you know I meant, loaned out too much! I guess bankers- at least in local banks- are people too, and at times, they feel a sense of compassion for those who are hurting and try to do what they think is right. And suffer for it.
Storytellers, we all make mistakes and so do banks. The ones that do it on purpose and for malicious reasons are the ones that are to blame. Some local banks suffered for the bad practices of the major banks , the big mistake was we rewarded the big banks and bailed them out. Thanks for the comment,
Peter
It's all that new world order shit Peter, We have the Fed that prints money backed by nothing (yet for some reason they frown when we attempt to print it :-P) and Europe was conned into the Euro. All set up so the greedy bastards worldwide can run the same shell game, I agree about credit unions, a much better choice for many reasons and guess what, not 1 single credit union needed to be bailed out! Hope you're stayin' warm man. Peace!! Tom
Your right Tom, but I think it is really "The Old World Order" under a new guise. They have not changed their objectives of ruling the world just that now terhey are not trying to hide it.
And thankfully Credit Unions are not to big to fail. The weather has wrmed a bit and Peace and Happy Holidays to you!
Peter
I think Ron Paul has the only right idea on the whole thing, and it seems obvious to me that Obama is nothing but a corporate toad.
Hi WTS, I like a lot of what Ron Paul stands for I am just apprehensive about his ideas on womwns rights and our social safety net. Obama ha flipped on his attitude sinc3e the OWS movement and his low ratings in the polls. I rally distrust them all and have no favorite. Thanks for the comment and opinion,
Peter
Hi Peter
A very interesting and thought provoking hub.
The company I work for has a Credit Union so I do my banking with them.
I wonder why governments will not stand up to the huge central banks? There must be something in it for them.
Voted up and awesome.
Yes Sue, they are in it for power, control and money and not in that order. Thanks,
Peter
Peter-beautifully said. Thanks for sharing what we all have probably been discussing in the confines of our homes and personal circles. Voted up.
Denise, Thanks for the kind comment.
Peret
Old Poolman 5 months ago
Peter, it is great to see you writing again. Perhaps the cold weather in Alaska agrees with you? I don't understand the banking industry well enough to even make an intelligent comment. It is way to complicated for this old brain. Tell me how it would change things if we went from banks to credit unions. Banks and Credit Unions don't just sit on all the money, they put it somewhere. If I thought it would make a difference, I would move my account tomorrow.