Two stories this week prove once again that the big banks are literally criminal enterprises.
Initially, all of the big banks have engaged in Mafia-style “bid-rigging” of municipal bonds, to bilk money from every city in the nation … to the collective tune of tens billions of dollars.
And Barclays and other large banks – including Citigroup, HSBC, J.P. Morgan Chase, Lloyds, UBS, Royal Bank of Scotland – manipulated the world’s primary interest rate (Libor) which virtually every adjustable-rate investment globally is pegged to...
And see this. That means they manipulated a good chunk of the world economy.
Other recent stories also show criminal fraud as well. For example, the big banks have been cheating homeowners … especially veterans.
And as Max Keiser explains, banking giants Mellon and State Street shaved money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide:
(Details here, here, here, here, here, here, here, here, here, here, here.)
Indeed, the entire business model of the big banks is fraud....
Fraud caused the 1930s Depression and the current financial crisis....
Regulators Have Become “Cops On the Take”...
There’s no recovery because the ZIOCONNED US & EU governments made it official policy not to prosecute fraud....
Unfortunately, the cop is on the take … and the government’s only actions are to cover up the fraud and to leave the people holding the bag....
Infowars Nightly News interviewed me for 22 minutes to discuss how states’ Comprehensive Annual Financial Reports (CAFR) reveal taxpayers have abundant assets already in government hands to pay for all public goods and services multiple times.
Summarized here, California has $600 billion in cash and investments, with all state government agencies combined having $8 trillion. These amounts translate into $50,000 per household retained by the state, and a staggering $650,000 per household combined total.
This is why CAFR data disclosure is one of three obvious game-changing solutions a critical mass of the 99% can command to reclaim economic success from the current capture of the 1%; the other two are monetary and credit reform.
This objective and independently verifiable data also communicates the need for Occupy victory for the 99% to recognize and end obvious malfeasance/crimes centering in money and war. This victory literally saves millions of lives, helps billions, and returns trillions of the 99%’s hard-earned money....
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