China takes on Wall St Banks
Wall St Banks comeuppance.
Banks took in trillions of dollars
of fraudulent home loans,
they know the loans would go bad,
They got Credit agencys to rate
this"C" and "D" grade mortgage paper
as "AAA", and sold it world wide in
huge tranches, as long as the realestate
boom continued the fraud would not
They took these mortgages bundled
them to gether and sold them as a Bond.
And the goal of the Wall St Banks was
to push as much of this paper thru the
system as possible before it all crashed.
The Wall St Banks KNEW this bond investment
would crash, they had been through realestate
booms and busts before.
Some of the Wall St Banks were so greedy
they bought up as much of this low grade mortgages
as they could get, they paid "D" grade prices for
the sub-prime paper as these mortgages came to
Huge profits, but some risk they had huge inventories
of this sub-prime paper on hand for their sales men to
sell. Banks knowing a crash was coming at some point,
wanted some protection against getting caught with
this "D" grade paper during a crash, it could easily loose
60% or more of its value, over night, from what the Banks
paid on the "D" grade paper, some of it would become worthless.
So the Wall St Banks went to AGI and bought huge volumes of
insurance on this fraudulent sub-prime paper,
And AGI in the true tradition of Wall St Banks sold fraudulent
insurance policys to the Wall St Banks.
AGI did not have the reserves to cover the losses.
And the Wall St Banks continue the Fraud cheating
home owners out of equity and fraudulent foreclosures.
Flash crashes on stock exchanges and unfair trading regimes.
So came the Bailouts, SCAM.
The Feds take over small failing Banks,
but the Wall St Banks are exempt from
Fed take over.
The Wall St Banks got caught in their own fraud,
caught with un told billions and billions of sub-prime
paper, and the Insurance they bought was on the verge
The Wall St Banking criminals defrauded the world
out of trillions of dollars, selling fake "AAA" paper that
was actually high risk "D" grade paper, reaping hundreds of
billions defrauding other world governments in the process.
And the US Government stepped in and said the Governments
and investors should have know better, it was the victims fault
for trusting Wall St Banks, ruled NOT a Crime.
TO THIS DATE THERE HAS BEEN NO CRIMINAL INVESTIGATION
INTO THE WALL ST BANKING MAFIA, THE FBI HAS BEEN KEPT
FROM EVEN INVESTIGATING.
THE FBI IS AMERICAS LAST BEST CHANCE...
THE FBI IS AMERICAS LAST BEST CHANCE...
And the Feds bailed out the Banks to $2 trillion dollars by the Federal
Reserve, and got Tax payer dollars of $700 billion,
They are allowed to have two sets of books, the public set
carries the sub-prime paper at 100% value.
And thats why no body wants to invest in banks or even banks
loan to other banks.
AND, why make business loans at 12 to 16% when the Wall
St Banks can make 30% on credit cards or 460% on payday
Why would they want to make low risk, low profit business loans
when they have much higher loan shark loaning to do.
And the Feds wonder why the Banks are not making
Wall St Banks are allowed to gamble with much higher risks
and rewards, and they know they will be bailed out if they fail.
And the Wall St Banks paid out BILLIONS in bonuses,
for the criminal minds that successfully defraud Americans
and the World with impunity.
As long as Wall St banking are married to Investment Banking
the US will not allow them to fail. The Real Banks are married
to Stock market Banks, Investment Banking.
And the Wall St Banks control US congress thru donations and
And the Obama administration will not allow an FBI investigation
into the Wall St Banks. Obama controls the Dept of Justice which
controls the FBI.
There maybe one power that can force the Issue,
China, they could insist "Glass-Seagle act" be reinstated
and the FBI investigate the Wall St Banks.
But why has the World gone along with the Fraud?
Don't let the Title fool you, it explains the US power base
in the world.
Key in understanding the balance of power,
WHY USA IS WORLD LEADER.
Paradigm Intel NSA. POWER.
China is still learning its true power in the world,
and they have been played by the Wall St Banks.
And Wall St Banks in turn have played US Congress
and the President.
As US biggest debtor China could demand changes
and get them.