Use access key #2 to skip to page content.

alstry (35.42)

What Should Scare The Sh*t Out Of You

Recs

19

April 20, 2011 – Comments (9)

An Acadamy Award Winning Documentary just came out clearly demonstrating that our ENTIRE financial system is fraudulent.....and the conclusion was demonstrated by the ADMISSIONS of the parties themselves.

Confirming the thesis of the movie is William Black...America's top prosecutor of financial/banking fraud who was instrumental in jailing over 1000 bankers.

DESPITE THE ABOVE.....there has not been a single prosecution.

DESPITE THE ABOVE....financial blogs, like Motley Fool, are advising you to invest in a system run by these open and obvious criminals.....

DESPITE THE ABOVE....these firms continue to control our financial markets including the metals and commodities markets.

What should be especially unsettling to you is America used to be a democracy based on a rule of law.....and without law, there is no democracy....only totalitarianism.

You were conned into thinking that the banks were too systemicly important to fail....even if their behavior was criminal.  What you will learn is NOTHING is too systemicly important in a nation built upon the rule of law where such entity must willfully and wantonly violate the law to function.

Our ancestors died for the rule of law and principles of our nation....and now our children are dying for an uncertain cause...

At some point the nation will be forced into choosing between its banksters and democracy.  This choice may not be easy, and potentially will require force to restore the integrity of our nation...especially when our politicians are openly supporting these criminals and destroying the lives of citizens.

In the mean time, look in the mirror.....what good is one's life without freedom and liberty.  It is time to be free....again as the ticker has atrophied your brain.  It's time for the Digital Age.

9 Comments – Post Your Own

#1) On April 20, 2011 at 8:56 PM, alstry (35.42) wrote:

Subprime was contained...now money is rapidly becoming worthless

Dollar Continues Slide...

Food and Fuel are not part of inflation

$6 GAS BY SUMMER?

No criminal is too systemicly important to fail...even it is the President

BOOK TO REVEAL OBAMA'S TRUE IDENTITY?

It will be very interesting how future generation look back at this period....a period where Alstry came to educate, amuse, and enrich.

Report this comment
#2) On April 20, 2011 at 8:58 PM, buffalonate (94.22) wrote:

Bank CEO's taking excessive risk doesn't make them criminals.  It means they were stupid.  If we had financial regulation as strong as Canada it never would have happened.  The financial sector without regulation will always take more and more risk trying to keep the earnings growth going.   

Report this comment
#3) On April 20, 2011 at 9:08 PM, alstry (35.42) wrote:

Watch the movie INSIDE JOB....criminal behavior is not excessive risk and this documentary clearly establishes the difference.

Here is what America premier legal mind and most experienced prosecutor on the matter states:

As Long As Banks Remain Above The Law Economy Is Fooked

It is not just the economy, it is the nation and the people within it.

My assumption is you are not an attorney nor have you ever personally and successfully sued a publicly traded company for improper behavior.

I am and I have....what are your qualifications to state the behavior was not crimnal?

Report this comment
#4) On April 20, 2011 at 10:14 PM, ikkyu2 (99.15) wrote:

I don't really believe that America was ever really a democracy run by the rule of law - except for rich people.  You've slung legal language in exchange for cash on the rich man's behalf, Alstry - do you really believe that?

Report this comment
#5) On April 20, 2011 at 11:29 PM, Harold71 (21.79) wrote:

Bank CEO's taking excessive risk doesn't make them criminals. 

No, it doesn't make them criminals.  Asking (aka using various tactics, primarily fear-based, to force) the people of the US to take on their bad paper until the problem is inflated away -- THAT makes them criminals.

 

The financial sector without regulation will always take more and more risk trying to keep the earnings growth going.    

The big picture is this:  With the moral hazard of the Federal Reserve to backstop the banks, nothing has changed.  No amount of "regulation" will stop the next crisis when you can count on a bailout, either directly or via inflation.

Report this comment
#6) On April 21, 2011 at 12:55 AM, alstry (35.42) wrote:

ikky,

I think the rule of law was enforced in America systemically until recently.  Did the rich have an advantage, of course, that is the definition of being rich, the ability to control the behvior of others.

However, overall the playing field was defined.  We impeached a president for breaking into an office, we imprisoned over 1500 bankers during the last banking scandel, we used to be able to sue public companies before recent hurdles made it practically impossible....

do I think America had a rule of law?  whatever you wanted to call it, it was better than any other place in the world....until recently where we have degraded into not much more than a banana republic.

As far as the bankers criminal behavior...watch Inside Job and the Bill Black video, the evidence is clear both before the bailout and since.

Report this comment
#7) On April 21, 2011 at 1:01 AM, mtf00l (45.85) wrote:

There are fewer and fewer tax payers backs for them to ride...

Report this comment
#8) On April 21, 2011 at 11:01 AM, TMFCHarris (99.59) wrote:

The metaphor of the video blew my mind. Are we the dude in the wing-suit? Is he the economy? Is he my mind in the Digital Age? Is he the true value of gold?

I think he is all of those things and more.

Report this comment
#9) On April 22, 2011 at 9:22 AM, mtf00l (45.85) wrote:

He reminds of the guy who lived in the woods with the bears until they ate him... =D

Report this comment

Featured Broker Partners


Advertisement