facts in an interesting and compelling way, but should
not leave the reader/viewer more frustrated. So what follows
is a compendium of corruption, as written by some of the
many experts that are being ignored by the mainstream media.
The end will have a possible future scenario where the bankers
freak out and the public hits the streets looking for bankers
to decapitate. This scenario might help us cope while we wait
for the financial armageddon to hit.
from Nick Shaxson treasureislands.org
I couldn’t help thinking that in a sane and decent world such a move would be a blow to Sir Richard, not the Chancellor. People would note that a prominent and wealthy businessman was avoiding British tax and think less of him. Instead, he has a knighthood and is widely feted.”
This is exactly, exactly, the same point I made in Treasure Islands – and about exactly the same man.
It’s all the more significant this, coming from the chosen newspaper of, among many others, Britain’s feral elite.
... Salon / Yves Smith:
For most citizens, one of the mysteries of life after the crisis is why such a massive act of looting has gone unpunished. There is undeniable evidence of institutionalized fraud.
James K. Galbraith:
The corruption and collapse of the rule of law, in the financial sphere, is basically irreparable.”
Matt Taibbi:
“Underneath that little iceberg tip of exposed evidence lies a fraud so gigantic that it literally cannot be contemplated by our leaders, for fear of admitting that our entire financial system is corrupted to its core.
New York Times:
The lack of prosecutions — the Justice Department has brought three cases against employees at large financial companies and none against executives at large banks — has left private litigants, mainly investors and consumers, standing more or less alone in trying to hold financial parties accountable.
-“When federal authorities don’t fulfill their obligation to enforce the law, they essentially give an imprimatur to the financial entities to do whatever they want and disregard the law,” said Kathleen C. Engel, a professor at Suffolk University Law School in Boston.
-The shrieking liberal left blames capitalism and demands more social welfare benefits for their entitled constituents. The fact is we have not had true capitalism in this country since 1913.
“Capitalism should not be condemned, since we haven’t had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.” – Ron Paul
catharsis and the just desserts, served cold
Rollover 1981
David morgan, does a re-enactment, wherein he shows how bad an actor he is, but he also noted that a bank run would occur with only 1% of deposits withdrawn in a given day.
catharsis part 2
Reggie Middleton was about 2 weeks ahead of the "bank run" on bank stocks in France
Just As Predicted Over The Past Month, The French Bank Run Seems To Have Commenced Featured
* Written by ReggieMiddleton
Attention subscribers! The French Bank run has BEGUN! Below is grab of the CDS chart of just one our subject banks as run candidate featured in the subscriber document, Italy Exposure Producing Bank Risk...
[CDS on one French bank]
today's numbers from theautomaticearth on blogspot:
* Société Générale: -34.82% YoY, -36.39% over 6 months, -30.28% over one month.
* Crédit Agricole: -30.9% YoY, -31.66% over 6 months, -30.8% over one month.
* Deutsche Bank: -31% YoY, -17.61% over 6 months, -16.48% over one month
* RBS: -35.61% YoY, -25.12% over 6 months, -17.73% over one month
