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Gaming the System on Wall Street

A Commentary by LanceFreeman:

The insidious influence of corporations, working in tandem with other special interest groups, like the ‘Jews for Israel’ Lobby, have made criminals of our national leadership. The evidence for such criminality among our leaders can be found in our government’s insane policy of utilizing the public purse to bail out Wall Street institutions and companies considered ‘too big to fail’. In doing so, the government chose to punish the prudent (i.e. savers) in favor of rescuing the irresponsible. History has proven, time and again, that such policies generate grievous economic, social, and human costs. The vast amount of taxpayer money that was used to bail out the irresponsible banks and insurance companies is being replaced with ‘funny money’ created by printing press. This funny money, which goes by the name of ‘Quantitative Easing’, is nearly worthless in real terms, and is causing the price of food, and other essentials, to skyrocket. [Have you noticed how much more you are paying for groceries these days? And how much smaller the packages you buy are, compared to what they used to be?].

Our money is losing value even as it sits in the bank, because it is now buying less and less. To keep our economy from collapsing post-2008, our government had to take loans from the Rothschild Federal Reserve, at interest, to replace the tax-generated money that was given to Wall Street institutions, and their European affiliates, through TARP, and in secret, back-door payments by the Federal Reserve. Estimates of this legalized robbery, funneled to Wall Street via the FED, range from 2 trillion to 5 trillion dollars; a mind-boggling sum. [Isn’t it interesting that Ben Bernanke can award money to whomever he pleases, at will, without congressional approval, and charge it to the American people? Who granted him such power? And why was there not a squeak from either Congress, or the President, regarding this blatant plunder of our treasury by this Rothschild flunkie? What makes Ben Bernanke, a servant of the international bankers, so protected, and so untouchable?]

This is a crime against the people that only governments, and their central banks, can get away with. Our government now stands on par with the corrupt governments of Asia and Africa; we can no longer look down our noses at those backward countries and consider our system superior. Unfortunately, Americans are too dumb to understand what the corporate elites, and their henchmen in Washington, are doing to them. Just think: a ‘fat cat’ company, like Goldman-Sachs, was one of the first on Wall Street to receive billions of dollars of TARP money, even though it was raking in big profits, and was in no danger of going out of business. This is outright theft, but neither the Savior-President, who arrived at the White House with such fanfare and promise, nor his Attorney General, have raised a finger to retrieve this stolen loot, nor have any of the scammers on Wall Street been brought to justice for scamming investors of trillions of dollars given to them in trust. The whole world stands in awe of what the Wall Street scammers have gotten away with—and with the complicity of the American government. They shake their heads at the stupidity of the American people, who are too busy worshipping at the Temple of Celebrity to notice this massive plunder of their national wealth.

On the contrary; Barack Obama, complicit as he is in this Grand Theft, is held in high regard as a populist hero by the majority of our citizens, and would have no problem winning a third-term at the White House, if he so desires. I have no doubt that, should he desire a third term, he has the political clout to get Congress to go along. No president has had that kind of power since FDR. But people have short memories. Few of our citizens remember that, at the height of his campaign for the presidency in 2008, while George W. Bush was still at the White House, and while the TARP bill was still being debated in Congress, Barack Obama spent a couple of days on the telephone, calling and talking to key representatives, urging them to vote ‘yes’ on the TARP bill. That notorious bill, sponsored by the half-wit, George W. Bush, and his Treasury Secretary, Hank Paulson, would probably not have passed congressional scrutiny were it not for the pressure Obama put on key senators during the final days of the debate. Why would a Democratic candidate, supposedly opposed to a Republican administration, and constantly criticizing it in his speeches, want to support a questionable Republican initiative that was clearly flawed from the outset?

There can be no doubt that, despite his flowery rhetoric and deceptive looks, Obama is a Wall Street man, and was up to his ears in the planning of this Grand Theft by Wall Street schemers, who contributed mightily to his presidential campaign. Their front-man, Hank Paulson, was well-placed to master-mind the heist from his perch at Treasury, with the help of a corporate puppet like George W. Bush standing behind him, and fronting for him on camera. [Who can forget that ‘deer-in-the-headlights’ look GWB displays when he is busy lying to the American people on camera? It is a dead give-away]. Of course, it also helps that the American people seldom question what dubious explanations their government heaps on them to justify any criminal act it may wish to perpetrate. Wall Street manipulators have discovered, to their delight, that stealing from the American people can be as easy as taking candy from a baby.

Throughout history, it is the people who save money, and invest for the future, who build a robust economy and stable society, not the profligate and irresponsible. We know, for example, what happened to the Germans, in the 1920’s, when they wiped out their savings class through runaway inflation. Back then, the Germans had a printing press economy, like we do today, and it took a wheelbarrow full of German Marks to buy a loaf of bread. But the lessons of history are always lost on the arrogant, the over-confident, and over-indulgent. And so the German experience will repeat itself in America, because Americans have become lazy, self-destructive, and overly dependent on government for their survival. The Americans of today are a far cry from the rugged individuals of yesteryear, who, with the sweat of their brow, carved out a nation from the wilderness of the new world. Heaven help them when their government runs out of money and can no longer afford to subsidize food stamps, welfare checks, and other give-away programs. What will the people do then? One thing for sure: the rest of the world will be in no position to bailout a bankrupt America, like it did with a bankrupt Greece. But perhaps Goldman-Sachs will come to our rescue.
 
Other evidence of the criminality of our leaders can be found in the never-ending concoction of foreign wars whipped up by Washington for the benefit of a few mega-corporations, and for Israel. The American people have never benefitted from these resource-draining wars, which have served only to impoverish them, and cripple their economy. [Are we not currently suffering from the aftermath of these wars? Are these wars, and our bloated military budget, not at the heart of irresponsible spending by Congress? Couple this with the treachery of Wall Street bailouts, and the reasons behind our current economic malaise become clear]. Again, it is printing press money, not legitimate taxes, that fuels these wars and erodes the value of our currency. These manufactured wars, which are waged on nations that have never seriously threatened America, have another debilitating side-effect: they are destroying the flower of our youth. The sons and daughters of America’s poor and middle class are being sent off to remote corners of the globe on dubious missions, and are coming back to the States either in body bags, or with serious cases of PTSD (post-traumatic stress disorder).

The destructive process begins right after recruitment by the military. From the first day of their basic training, these naïve kids from America’s heartland are bombarded with propaganda about the ‘enemy’, and then taught to be ‘bad-asses’ (i.e. heartless killers), who will be tasked with the defense of America’s democracy. They are then dispatched to foreign war zones, where they witness the horrors of war up close, and end up committing civilian atrocities, for which they are not punished. Upon their return from overseas deployment, these traumatized soldiers find they cannot adjust to normal living, and are plagued with mental problems, as the atrocities they witnessed, and participated in, come back to haunt them. Some become permanent invalids, dependent on the state for drugs and survival, while others become criminals, winding up as residents of our overcrowded prison system. An astonishing number of these lost souls commit suicide after returning home. It is a sad story indeed, but the plight of these mentally disturbed is hardly addressed in the popular media. Like the poor victims of America’s shock and awe in Iraq, they are considered collateral damage.

So, who ultimately benefits from this monumental American tragedy that is contributing to our society’s destruction? The profits and gains derived from these manufactured wars go to the ruling elite and their banking, oil, engineering, and armament corporations. And to the Zionist Israelis, of course, who delight at the thought of an American mercenary army doing their dirty work for them, and footing the bill. It is a sweetheart deal for the clever Israelis, who feign friendship with the United States on the surface, but do not hesitate to sell America’s military secrets to the Chinese for profit, or spy on America’s secret installations for whatever they can steal, over and above what America gives them gratis. One need only follow the money to find out who benefits from this incessant carnage and human sacrifice that goes on year after year.

Do note that our congressional leadership, led by the traitor, Barack Obama, is already preparing our citizens for another engagement in the Middle East. The propaganda machine has let loose its usual river of lies, this time about Assad’s use of chemical weapons on his own people. American Special Forces troops, backed by F-16 fighter-jets, have already been deployed to the Jordan-Syria border, awaiting further orders. Heaven forbid that the American people should have any respite from war, and war spending, or allow their economy to recover. For the past 20 years, those Americans who have been willing to work have been working like horses, sending husband, wife, and kids to toil at whatever jobs they can get, while sacrificing home life to make ends meet. But all their taxes have been squandered on useless projects by Washington, military expenses, and ‘foreign aid’. Precious little of it has been directed toward infrastructure re-building, job creation, restoring our manufacturing base, or re-vitalizing our crumbling cities.

The objective of this latest military foray, as always, is to bring chaos to the Syrians, like there currently exists in Iraq, Afghanistan, Libya, and Egypt. If a fundamentalist Islamic government winds up taking over in Syria (ala Egypt), all the better. It will surely stunt any chance Syrians may have to advance their society, and set them back decades. Such set-backs within the Arab world can only benefit Israel, which plans to ultimately bring the whole region under its control, in a re-creation of the ancient Solomonic Empire. That is where America’s wealth is going. Zionist plans connect smoothly with the Zionist bankers of Wall Street and London, who were the main beneficiaries of Washington’s insane bailout program.

And so we have come full circle. Hopefully, my readers can now see how Wall Street bankers, Zionist Israel, and our compromised politicians are joined in one common cause, to the detriment of U.S. citizens, and how that common cause is destroying the United States as we have always known it.

Richard Maybury, economist and publisher of the financial newsletter, Early Warning Report, gives us a further clue about the deceptive agenda of the globalist banking elite that makes up our secret government. He said:
“One of the first things I learned in the Air Force is that the troops that are committed to foreign wars are rarely told the truth about their missions. Few of these soldiers realize that their main duty, since World War 2, has been to aid the spread of socialism.” [Makes one think, doesn’t it?]
 

OldGaffer

Governor
One of the first things I learned in the Air Force is that the troops that are committed to foreign wars are rarely told the truth about their missions. Few of these soldiers realize that their main duty, since World War 2, has been to aid the spread of socialism.” [Makes one think, doesn’t it?]
So the Vietnam War was all about the United States government "spreading socialism", WTF?
 
All of the wars fought, since and including WW2, have been about advancing the New World Order/world government agenda. This is a Fascist-Socialist agenda that will be implemented on a global scale in the next 5 to 10 years. The same people who manipulated us into WW2 created the United Nations, which they imbued with a socialist agenda. Note how the U.N. is increasingly intruding into American life with its globalist initiatives. The U.N. works in parallel with other globalist organizations, like the CFR, TriLateral Commission, Club of Rome, Bilderberg, et al. This effort to tie the United States to the U.N., to integrate it into the global economy, and force Americans to succumb to decisions made outside of the United States, will accelerate in the next couple of years. It happens to be a major objective of the Obama crime syndicate based at the White House, and its Marxist allies inside and outside of Congress. If you have not woken up to this creeping global tyranny, which is advancing upon us in direct proportion to our loss of freedoms, loss of sovereignty, steady impoverishment, and corrupted Bill of Rights, then you are fast asleep. In making his statement above, Richard Maybury knew what he was talking about. Do you?
 

OldGaffer

Governor
I was a Democrat long before Obama, and I will be a Democrat long after. Obama was not even my first choice in 2008, I was a Hillary supporter. Now , hopefully, she will run in 2016 and if she does, she wins, and you Wingers and Baggers can suffer for another 8 years. The Oligarchy in this country needs to be put under control, you may think a life of Peonage for generation after generation is Gods Plan, but not everyone is a Plutocratic Sycophant.
 
I was a Democrat long before Obama, and I will be a Democrat long after. Obama was not even my first choice in 2008, I was a Hillary supporter. Now , hopefully, she will run in 2016 and if she does, she wins, and you Wingers and Baggers can suffer for another 8 years. The Oligarchy in this country needs to be put under control, you may think a life of Peonage for generation after generation is Gods Plan, but not everyone is a Plutocratic Sycophant.
Like the vast majority of Americans, you have no clue what's going on within your own country, or who you are actually voting for when you enter the voting booth. Hillary and her criminal husband are both Elite puppets, and would not have achieved high political office without their o.k. and support. It is truly amazing that you cannot see this--even at your age. Moreover, this is not the same Democratic Party of yore; it has changed a lot. Same can be said for the Republican Party. These two parties serve no other purpose now than to keep the public buffaloed, distracted, and at each other's throats, while the Elite's Orwellian agenda is quietly implemented. GWB, Obama, Romney, Hillary, and the rest of the criminal political class in Washington all serve the same master. When I come across dupes like yourself, I cringe, because every time you open your mouth, you emphasize to me just how hopeless our situation is, and how successful the PsyOps (programming of the mass mind) has been.
 

OldGaffer

Governor
And I cringe at the sheer loony toonyness of folks like you, conspiracy theory freakoids.
You need to find yourself another country, or just bunker up, because this country is never ever going to meet your crazy ass expectations. And if you cant see the difference in the two parties, you are as blind as a bat.
 

Boltlady

Mayor
Like the vast majority of Americans, you have no clue what's going on within your own country, or who you are actually voting for when you enter the voting booth. Hillary and her criminal husband are both Elite puppets, and would not have achieved high political office without their o.k. and support. It is truly amazing that you cannot see this--even at your age. Moreover, this is not the same Democratic Party of yore; it has changed a lot. Same can be said for the Republican Party. These two parties serve no other purpose now than to keep the public buffaloed, distracted, and at each other's throats, while the Elite's Orwellian agenda is quietly implemented. GWB, Obama, Romney, Hillary, and the rest of the criminal political class in Washington all serve the same master. When I come across dupes like yourself, I cringe, because every time you open your mouth, you emphasize to me just how hopeless our situation is, and how successful the PsyOps (programming of the mass mind) has been.
They also do not see that the methods being employed here are virtually the same as has been used in the ME countries where the chaos reigns. The pitting of one side against the other, the prompting of race wars, the development of the country as a police state are all preparations for a complete military takeover.

Most people have heard of the 'shadow' gov't but they don't realize that it is the real gov't. Everything else is the illusion that people believe is the reality.

All of this has been going on for many years but much of it was more subtle. Of course that was possible because communication wasn't developed to where it is now. Since it is there is an unfortunate increase in momentum. That very increase has brought enough to light that more people are seeing it for what it is. What they'll be able to do about it remains to be seen. That will not likely be a pretty picture.
 

Boltlady

Mayor
I see irrational paranoia as the primary culprit in the devolution of American society.
Whenever I read something that you've written, you remind me of "Candy". The naivete' that she displayed in believing she was doing the right thing throughout her travels has proved to be more fact than fiction in a lot of people.

It's been so many years now since I read that book so I don't remember the details, as delightfully perverted as they were, or even the other characters. Actually I'm like that with a lot of things that I've read through the years. What I usually do remember is the point that was being made. That one has particularly stuck with me.
 

NightSwimmer

Senator
I understand your dilemma. I am acquainted with a few paranoids out here in the real world. While their fears may be baseless, the agony that it creates for them is quite real.
 
“It is a smart, simple and tough piece of work that would protect taxpayers from costly rescues in the future. This means that the bill will come under fierce attack from the big banks that almost wrecked our economy and stand to lose the most if it becomes law.”
-Gretchen Morgenson, NYT

“It’s clear there’s too much Wall Street in this administration.”
-Sen. Sherrod Brown (D-OH)

Last weekend, we saw a flurry of reporting on a new bi-partisan proposal introduced by Senators Sherrod Brown, an Ohio Democrat, and David Vitter, a Louisiana Republican.
This is a very simple, straight forward piece of legislation that mandates adequate capital reserves, eliminates the opportunity for bankers to hide liabilities off balance sheet or game the various asset classes:
-Stricter capital requirements on megabanks, defined as institutions with over $500 billion in assets.
-Six U.S. banks — JPMorgan Chase., Citigroup, Goldman Sachs, Morgan Stanley, Bank of America and Wells Fargo — meet the TBTF criteria.
-Eliminates risk-weights as part of a capital assessment (less reliance on unreliable ratings).
-Does not rely on ratings agency grades.
-Removes off-balance-sheet assets and liabilities as different class — they are treated as if they were on-balance sheet.
-Requires derivatives positions to be included in a bank’s consolidated assets.
-Requires capital cushion that a bank hold be liquid
-Mandates capital measures be more transparent
-Eliminates Basel III as a regulatory requirement
-Restores competition to industry by removing competitive disadvantages mega banks have over smaller and regional community bankers.
For those people who complain Dodd-Frank is too complex, let’s see how they like “the new simplicity.”
Brown-Vitter faces two large, deeply intertwined opponents: Wall Street banks and the Obama administration. The pushback has already begun, allowing citizens a rare glance behind Obama's well-constructed facade of the working man's champion.

Sources:
Banks Have Become “Too Big To Fail” Again. Uh-Oh. And there’s only so much governments are willing to do about it.
Simon Johnson
Slate, April 28, 2013
http://www.slate.com/articles/business/project_syndicate/2013/04/financial_reform_too_big_to_fail_is_back.html
Sherrod Brown Takes On Megabanks — And The Obama Administration
Brian Beutler
TPM, April 26, 2013
http://tpmdc.talkingpointsmemo.com/2013/04/sherrod-brown-takes-on-megabanks—-and-the-obama-administration.php
Trying to Slam the Bailout Door
GRETCHEN MORGENSON
NYT, April 27, 2013
http://www.nytimes.com/2013/04/28/business/two-senators-try-to-slam-the-door-on-bank-bailouts.html
 
And I cringe at the sheer loony toonyness of folks like you, conspiracy theory freakoids.
You need to find yourself another country, or just bunker up, because this country is never ever going to meet your crazy ass expectations. And if you cant see the difference in the two parties, you are as blind as a bat.
If our current horrible situation represents your own lofty expectations, then God help us.
 
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