What a joke. And soooo unpredictable that DOW, bouncing on such news.

Consumer Agency Within Fed Seen as Victory for Banking Industry 

Let the games begin! Invest away gambling addicts, speculate away. Be the captain of your very own info-mercial. Get rich quick – no money down – there’s something for nothing at the end of every yellow brick road – it’s magically delicious!

Now even a caveman (or a politician for that matter) must be aware that the international banking oligarchy owns its very own global central banking cartel, and that JPMorgan, Goldman Sachs, Bank of America, Citigroup and the rest of the Bailout queens own the FED. How’s that for independent regulatory authority? Wanna know how big a stake each bank holds in FED ownership? Just sort the TARP recipients from highest to lowest using the link to your left and you’ll get the idea.

So what makes this different from letting the banks simply “police” themselves? Nothing–they already do today. The banks have captured Treasury, they’ve captured the SEC, and their mystical, central bank Oracle’s control the money supply and interest rates of the entire world’s monetary system, like some cryptic, Pythian ritual of decadence–all to ensure their fraudulent schemes, to facilitate their looting of the public, and to enure to their bailout benefit at any collective collapse of CONfidence in their bubble skimming, extortion and protection rackets.

The banks are a spider, government it’s web and the working class a cocooned-up fly from which blood is drawn. Everything else is just theater–of, and for, the absurd. Like you really need Bloomberg to explain how this is somehow a victory for the banks. Oh, my head is spinning… But wait, there’s more. How about this knee-slapper:

It is clear in the current environment, and likely for a long time going forward, any entity that profits from another’s misfortune, in this case hedge funds versus Greece and the euro zone, risks being the target of public backlash, or worse, government retaliation.

Lions and Tigers and Bears OH MY. Lloyd Blankfein must be crapping his drawers at the thought of another public congressional scolding. We’ll have to play out a few more scams to cover the stock short (wink, wink).

Policy makers need to take stock that ”We the Sheople” are sharpening pitchfork tines and it isn’t just going to be a public service ”exit stage left” to a cozy Irish island paradise for Dodd, or to whatever golden parachute awaits Corker on this sell out. We aren’t so stupid that we don’t realize that your “retirements” are merely an aknowledgment of how cheaply you can be bought. For if your greed was so insatiable that you’d be willing to tough it out for the long haul and continue the unabated deception and cover-ups, why you’d have chosen careers as banker’s instead.

 

You Should Also Check Out This Post:

More Active Posts: