The Morality Of The Financial Monetary System Is Really What is Broken

Tuesday, May 18, 2010
By Paul Martin

Bob Chapman
InternationalForecaster.com

The Obama-Dodd-Frank Frankenstein Fed Big Bankster Bailout Bill, schemes and frauds went on for too long, bring back the Glass-Stegall Act, Vampire squids run the economy, alternatives to the financial establishment are threatened with regulations, reform bills are toothless…

What do you get when you cross a Dumbo with a Jackass? Answer: You get a dumb-ass, overweight US politician with a sterile mind who executes every order that comes from our Shadow Government like some sort of mindless automaton. In fact, we no longer have even a bogus two-party system with Dumbos and Jackasses. We note that there was never a dime’s bit of difference between the two parties in any case (ask Herbert Hoover), but that is even more true today than it was during Hoover’s administration, as the one world agenda, which both parties subscribe to, moves forward with lighting speed. Since we really only have one party now, we thought that we should take this opportunity to dub it the “Dumb-ass” party, seeing as how this party is now hell-bent on destroying our country, and themselves with it. If we are now starting to sound like the Mogambo Guru, so be it.

Case in Point: The Obama-Dodd-Frank Frankenstein Fed Big Bankster Bailout Bill (hereinafter referred to as the ODFFFBBBB). We thought that we would give credit for this toxic legislation to the three people most involved in sponsoring this bill who also happen to be three of the highest paid politicians in terms of their bankster-gangster campaign contributions. So we have Obama,” Dodd, the whipping boy, gopher and yes-man for Wall Street who has never seen a bill that favored big bankster-gansters that he didn’t like, and Frank, who compete’s with Dodd for the post of top Wall Street whipping boy. What a motley crew (with no offense intended to the heavy metal band “Motley Crue,” who are paragons of virtue compared to this group of miscreants).

So, the Dumb-ass party calls the ODFFFBBBB the much-needed financial reform that Main Street has been yearning for in the aftermath of the ongoing financial criminality being used to economically destroy not only our country, but also countries around the world, in order to pave the way for a one world Orwellian police state of feudality. Obviously, nothing could be further from the truth. There was nothing wrong with the old system up until Glass-Steagall was removed and the Commodity Futures Modernization Act implemented. Even after G-S was repealed and the CFMA passed (thanks Bill Clinton, Alan Greenspan, Robert Rubin and Larry Summers), there were still plenty of rules and regulations that very well could have prevented many of the current ongoing financial debacles. The problem was that no one used them. That is because they were instructed not to by our Shadow Government. So instead, our so-called regulators sat around watching porn as Rome burned. And if any of the states started to investigate due to the complete inaction of the federal regulators, their investigators ended up in a “honey pot” scandal like former NY Governor Elliot Spitzer, or were threatened with such, or were bought off.

The penultimate example of inaction was, of course, the Madoff Ponzi scheme, which, despite numerous warnings, continued to be uninvestigated or under-investigated as the New York Fed wire-transferred Madoff’s investor’s funds to Israel to help fund Illuminist off-shore retirement accounts. The losses were bogus, and the books were kept in a shambles, to obfuscate what was really a direct theft of funds by various Illuminist operatives with connections to Israel. You’ll find many of these miscreants smoking cigars on the beach at Tel-Aviv after our country finally implodes and civil unrest ensues. But the inaction on Madoff was just the tip of the iceberg. You had the subprime debacle where politicians, borrowers, appraisers, ratings agencies, loan originators, investment bankers, brokers, Fed-heads and lawyers all lied through their teeth to keep the fraud going while regulators picked their noses. Then there were the astonishingly fraudulent activities that led to the municipal bond and municipal bond insurer meltdowns, the AIG debacle, the Lehman Brothers debacle, the Bear Stearns debacle, the LTCM and Enron debacles, and on, and on, and on.

There were plenty of statutes, rules and regulations that could have been, and should have been, used to stop these ongoing frauds. But the underlings made sure they did nothing as ordered. If they had attempted to do otherwise, they might lose their cushy job where they were paid big bucks to watch porn all day. Why would any Illuminist henchman-miscreant pass up on that opportunity? If our regulators did anything, it was the opposite of regulation, namely, they engaged in the whitewashing of criminal activity with totally bogus investigations, diminutive fines and no jail time, ever, for any Illuminists.

The Rest…HERE

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