We got them AGAIN.
Will they never wake up to the fact that we work for the bankers and not for them?
Americans are so STUPID.
It was Bill Clinton that pushed for sub prime borrowing at the start of his Presidency and pushed through the repeal of Glass-Steagal in 1999.
It is Barack Obama who has openly declared that the large banks are too big to fail and too big to jail, with the slap on the wrists penalties or no penalties at all for things like HSBC and Standard Chartered money laundering, LIBOR manipulation fraud, Goldman Sachs lying openly and brazenly to Congress and JP Morgan stealing $1.5bn of other people's money in the collapse of MF Global.
The only "penalty" for all the mortgage fraud and robosigning was more bank bailouts.
$25bn bailout presented as help for underwater homeowners, that in reality assists only the banks holding the impaired mortgage loans.
The $85bn a month of new money printing by the privately owned Federal Reserve bank.
$40bn a month of this is to buy impaired mortgage loans from the large banks at much higher prices than they are actually worth.
The losses from these impaired mortgage loan deals will be absorbed by offsetting them against the profits that the Federal Reserve bank is currently making from interest payments by holding $3tn of American debt on it's balance sheet and which would otherwise be returned to the United States Treasury.
It is soon to be $4tn on the Federal Reserve balance sheet by the end of 2013 and ever growing.
The bankers certainly don't want the profits of their operations to be returned to American taxpayers.
QE3 is the chosen mechanism for the banks to retain almost all of their private profits from the US government's indefinite $1tn+ deficit spending.
The executives of large banks are now openly above the law and will never be prosecuted whatever crimes they choose to commit.
The large banks are now even more powerful than a few years ago.
The number of banks in the banking cartel shrunk considerably during the financial crisis of 2008, with weaker and less cogent rivals being swallowed up by the main players - mostly using taxpayer money from the TARP bailout.
It should not be forgotten that Bill Clinton was a Rhodes scholar at Oxford.
Cecil Rhodes is one of the largest Corporate megalomaniacs that have ever existed on the planet.
He created the ongoing De Beers diamond monopoly, in a process that is very similar to what is going on today.
He continually pushed for British Imperialism and military intervention in Africa.
Today we have a small clique of large banks controlling 80% of Western banking in a banking cartel.
We have 5 or so large Western oil companies that control much of the world's oil and gas supply.
We have 5 or so large pharmaceutical companies that control much of the world's pharmaceutical supplies, protected by new rivals by a high cost of entry provided by their control of the FDA.
We have a soon to be monopoly of food production with Monsanto's seed business, heavily protected by the American government and a dozen or so ex-Monsanto employees installed in the FDA.
We have 5 or so large armaments manufacturers that dominate the global arms industry, they are still "consolidating". America now has 79% of the "official" global arms trade.
We have seen the mainstream media shrink from 53 companies controlling 90% of American media in 1983 to just 6 today.
We are soon to see 5 or so large Healthcare companies that will control 80% of America's healthcare industry.
They will take control of the entire process from insurance premiums.
Much like the oil companies control the entire energy delivery process - from exploration, drilling and refining to the ownership of the majority of gas stations.
This is the specific intention of Obamacare and why single payer was not chosen.
Large Healthcare companies are already swallowing up smaller rivals including some foreign companies to take advantage of the expected bonanza and to divert the extremely large expected US generated profits to foreign tax havens to pay no Corporation Tax.
We should also not forget Bill Clinton's and Barack Obama's backgrounds.
Both were recruited by the CIA well before they ran for the Presidency.
Bill Clinton has strong connections to CIA drugs trafficking while Governor of Arkansas.
Many of the ex-Clinton staffers who pushed for drugs traffickers to be pardoned on Clinton's exit in Pardongate have ended up in the Obama administration - including Eric Holder.
Bill Clinton was always ambitious to make it into the inner circle of American power - as was Hillary.
Both have succeeded, principally by running drugs for the CIA as their first step on the ladder.
Barack Obama's maternal family have strong CIA connections, it seems that Barack Obama was recruited by the CIA during his internship at Business International in 1983 - or before. Business International is a known front company for the CIA.
When Barack Obama gets sworn in on Monday he will not be pledging allegiance to the United States or to defend the Constitution whatever he swears on the Bible.
He will be pledging his continued allegiance to Wall St, principally Goldman Sachs and JP Morgan.
He will be pledging his continued allegiance to big business and the cartels in each major industry.
And he will be pledging his allegiance to the CIA, who ever since it's inception has worked for big business and the banking cartel.
His true loyalties are to the banking cartel and definitely not to the American people.
Monday will see one of the greatest examples of utter hypocrisy ever seen on the planet.
http://ian56.blogspot.co.uk/2013/01/the-ultimate-hypocrite-on-monday-barack.html
Appendices
Bill Clinton's connections to CIA drug trafficking while Governor of Arkansas.
http://ian56.blogspot.co.uk/2012/12/clinton-connections-to-drug-trade-and.html
Barack Obama's CIA pedigree
http://ian56.blogspot.co.uk/2013/01/what-has-john-brennan-got-on-obama.html
The Corporate takeover of the American government by Goldman Sachs
The Corporate takeover of the American government by Monsanto
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