Banksters Fined a Fraction of What They Looted

Why were banksters fined when the penalty was so tiny compared to the rewards? Why bother? Bloomberg News reports, “Six Banks Pay $5.8 Billion, Five Guilty of Market Rigging.” Six of the world’s biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to wind down almost half a decade of enforcement actions. I could write an entire book on this cruel joke, but no one would read it, so allow me to summarize three Read more […]

Banksters Demand No Accountability

Two Banksters quit because they don’t want to be subject to justice. I think we should propose these same rules in the United States, and see how many shifty financial rats jump off the banking ship. This proves criminals are smart enough to see the handwriting on the wall. [Also about HSBC: “International Bank Gets Away With Money Laundering For Terrorists and Drug Cartels.”] From the Daily Mail: “Two leading HSBC directors quit in protest at tough new rules that will punish Read more […]

Bank Crimes: Do the Math

From the Highland Community News on bank crimes and punishments: “Union Pensions Win, Homeowners Lose in ‘Victory’ Against Banks .” Perhaps the biggest winners in the largely tax-deductible $16.5 billion U.S. Department of Justice’s recent settlement against Bank of American was B of A itself, public employee pension funds, state bureaucrats and political hacks. Attorney General Kamala Harris declared the settlement “brings help to hard-pressed homeowners and communities in California.” Read more […]

No Fear of God among Bankers and Politicians

When the fear of God departs, you’d better be ready for the consequences. Western elites from Washington, DC, to New York, to London and Brussels have made sport of lawlessness in recent years, and because general and economic education has been so dumbed down, most citizens have no clue how much those in power have robbed us in the guise of “rescuing” us. As Jeremy Warner writes for the Telegraph: Like common brigands, central banks have been acting outside the law… by driving up the value Read more […]

UK Demonstrates Central Bankster Exploitation

The freedom and future prosperity of the Western world depends on freeing ourselves from the shackles of Central Banking debt, and returning to economies based on assets and capital–economies that benefit from actually making things and serving others, rather than playing financial games that add nothing of real value to life in this world. Consider this story from the Daily Mail: “Greedy bankers STILL don’t get it.” The astonishing greed of bankers was laid bare last night as it was revealed Read more […]

Banksters; This Is How It Is Done (And It Needs To Stop!)

House Floor Vote This Week on Derivatives Bill Written by Citigroup Lobbyists ( HR 992) Salem-News.com Citigroup has given $503,150 to current members of the House of Representatives. (BERKELEY) – Later this week, the House of Representatives will be voting on a bipartisan bill to repeal financial bailout protections that Congress passed in 2010 as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The bill, H.R. 992, or the “Swaps Regulatory Improvement Act,” would severely Read more […]

G-Sax Nation: Wall Street Buying Another President…

From Alec Torres in the National Review: “Hillary Clinton’s Lucrative Goldman Sachs Speaking Gigs” Hillary Clinton spoke at two separate Goldman Sachs events on the evenings of Thursday, October 24 and Tuesday, October 29. As both Politico and the New York Times report, Clinton’s fee is about $200,000 per speech, meaning she likely netted around $400,000 for her paid gigs at Goldman over the course of six days. Last Thursday, Clinton spoke for the AIMS Alternative Investment Conference Read more […]

Implosion Architect Greenspan Blames Us for Being Irrational

The Wall Street Journal has given former Federal Reserve Chairman Alan Greenspan a careful platform so he can justify himself. The most nauseating thing about this “interview” is it gives us few direct quotations. It mostly summarizes points. Obviously, this is simply the defense that he wishes public to swallow about himself and that the “reporter” Alexandra Wolfe dutifully produced, no doubt allowing him to edit and “correct” the final draft. If we were given a transcript or (better) Read more […]

Reporting the Obvious as “News”-Greece Is Not Bailed Out

Associated Press reported Sunday that European Central Bank Executive Board member Joerg Asmussen publicly admitted that the ECB, the World Bank, the IMF, and all sorts of other establishment bureaucrats have been lying about Greek debt in order to defraud the public. There is, in fact, no way to really bail out Greece, he now admits. In 2014 we will need a fresh supply of bailouts for 2015 and beyond. Ha ha. Just kidding. That didn’t happen. Or it did happen, but without being admitted. Read more […]