Internet Anthropologist Think Tank: Wall St Bank Robber Barrons

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    Thursday, May 13, 2010

    Wall St Bank Robber Barrons

    I am at a loss for words.
    I can't conger up words strong enough for what I think.

    America has had its criminal periods.
    I'm not familiar with them all but a few come to mind.
    American Indian Treatys (Frauds), still not honored.
    The Rail Road Robber Barron's of 1850's
    Mafia 1920  and the Gangsters ( 1930 to 1947) Capone, the Purple Gang.
    The Japanese war camps WWII
    Saving and Loan Frauds.
    Enron and Major accounting firms frauds.

    And all these periods had some political cover

    And now we have the biggest criminal combine
    of all time.
    Huge frauds perpetrated on the American Public
    and the rest of the world.
    I am at a loss for words to describe this PUBLIC DEBACLE.

    Wall St Banks make fools out of law enforcement.
    And commit their crimes in public with impunity.
    Bribing Congress and de-fanging regulators.

    The advertise their Loan Sharking activities,
    30% on Credit Cards and 460% on payday loans.
    And the last round of Banking Regulations forbid
    States from regulating these criminal rates.

    The Banks sold "D" subprime paper rated
    "AAA" at top prices. And almost brought down
    the entire World financial system.
    And the Federal Reserve bailed out the perpetrators
    not the victims.

    Internet Anthropologist Think Tank: The Federal Reserve is Suspect:

    Not even one law has been passed to prevent the
    Banks from repeating the offense, and no one has
    been arrested, in fact congress has protected them
    from being broke up by qualifying them too BIG to
    fail or break up.

    The same banks trade in the dark without
    regulation in their "Dark Pools", and knocked
    down the Dow -1,000 points in 10 min.
    And the Toothless SEC, has no idea how or

    Internet Anthropologist Think Tank: Schapiro misleads public,-1000 ...

    The Banks are allowed to carry false balance
    sheets, reporting their inventory of sub-prime
    paper at 100% value, when actual value is
    around 30%.

    The Government even set up a program
    to buy this fraudulent sub-prime paper
    that the banks got caught with in their
    own scam at 100%.
    With tax payer money.
    Let me say that again.

    The Government bought the scam
    artists fraudulent sub-prime, they
    created, with Tax payer money
    so the Banks wouldn't take a loss.
    The Feds bailed out the criminals.
    And let the criminals pay them
    selves hundred Million dollar
    bonuses with Tax payer money.

    Internet Anthropologist Think Tank: People Prison , Banks Bailouts:

    The same criminal Banks are allowed
    to front run trades on all your investments
    costing you some of your profits, in
    "black pools" off shore where there is

    Wall St Banks front running.Stealing money from every trade.

    And the Banks can run high-frequency
    programed trades, placing all other
    traders at a disadvantage, they even
    allow them to place servers on NYSE
    property to gain an advantage over
    average traders.

    Sale of CDS Credit default swaps,
    fraudulent investment insurance.
    400% the value of NYSE.

    And then the Government protects
    the Banks gambling with FDIC insurance.

    The banks can barrow at the Fed window
    at .05% ( one half of one per cent interest rates )
    and loan money at 30% on credit cards and
    460% payday loans.

    The banks are allowed to gamble, using
    huge leverage ratios, in risky investment.

    The Banks even got the Bankruptcy laws
    changed so the victims of their credit card
    scams to the poor, with 30% interest rates,
    allow the banks to collect Social Security
    checks from the poor they have scammed.

    The American Congress has approved
    every method the banks have come up
    with to swindle, cheat and con Americans
    and the world out of their wealth.

    The Banks brought on the recession, real
    estate price collapse and consequently
    loss of jobs and 9% unemployment rates
    for USA.

    The first part of the 21 century will be
    known by the Wall St Bank robber Barrons .
    And their complete control of congress and
    deregulation of all of their criminal activities.

    I am so angry and frustrated I can't voice
    my feeling in civil discourse.

    And they do it in full daylight in public
    with impunity, as emasculated Law
    Enforcement looks on.

    A Congress bought and paid for.
    Sadly USA does have the best politicians
    money can buy.

    Sad day for America.

    When does it stop?

    Where does it stop?

    These Wall St Banks are National Security Threat.
    Wall St Banks = "systemic risk"

    Gerald in center on NYSE trading floor.

    Internet Anthropologist
    Series 3 & 7 ( Former Stock Broker )

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