Racketeering 101: Bailed Out Banks Threaten Systemic Collapse If Fed Discloses Information

reply to post by jimmyx


I'm more then a lot shocked that you actaully think you will be allowed to keep your money...That you actually think that the money is the thing to follow at all... It's simplistic ideas such as those that allow TPTB to enter you lives more and more and iradicate your rights as a human being.
Do you honestly think that because you follow them blindly up untill what you think is the breaking point that they will allow you more freedoms then others? That they will allow you your own hard earned money? Please. Those of you who think that is how things will go, that compliance with their tyranny, are the ones who will be herded into those "wonderful" little camps they are continually putting up all over the country. I mean if you like being a sheeple then by all means, follow their rules/guidlines, drink your floride, get your death shots, and except the fate they have written in for you.
BUt as for myself and my family...we will continue to try to help those around us see the WHOLE picture as it is unfolding. I do hope that you wake the rest of the way up. They will not allow you your money, they will not allow you your rights or your freedom...They only want little slaves to order around and make do the dirty work for them.
Yes, the system is screwed up. There is no doubt about that. But to think that if you follow them around blindly until the last possible second...Well you are just as lost as the rest of the sheeple that stare crosseyed and drooling at the "idiot box" in the corner chanthing "obaaaaama, obaaaaaaama" awaiting their fleicing.
Good luck to you and may whatever powers are up there have mercy on your soul, for our government will not

If the banks don't get the money, the financial system will fail. How much longer can this type of thing keep going on? I mean eventually they will get to big (which I believe is happening now) to bailout by any measure. What is happening is a collusion of the govt. and the banks. The banks know that things are so bad off that it's liable to throw the whole Western Banking system (which is based on debt which our forefathers warned against along with a Central Bank) into the toilet. The govt. knows that it's so bad that by letting these guys and gals fail will point the finger of blame onto them. Because when the dollar implodes and the govt. checks aren't going out to the majority of the population (disability, SS, Medicare, welfare etc. etc.) people will go ballistic. They will be looking for people to blame. And the individuals who thought they have savings in the bank will find out that not only can they not get their money out, it's becoming worthless by the hour.

The US citizen has been conned into bankrupting his own country and his own person. They allowed debt financing to occur so that credit cards and home refinancing and other investing vehicles could be mortgaged so that the money could be used to A.) subsidize your pay that should have gone up and B.) to keep the consumerism going. By 10 toasters, who cares as long as you keep spending. Why didn't anyone including the financial pundits on CNBC and other networks say the obvious. If we as a people or me as a person keeps spending, how I'm I supposed to save for a "rainy day" or save for an emergency or even retirement. They never talk about that, spending is 180 from savings. You remember back over the decades in school that you should save in order to have those items in the future. They didn't want americans to save because we didn't make anything anymore in this country that anybody really wanted (besides weapons). So since we where mostly service and service providers to the manufactured goods, we needed people to keep those individuals in every type of service that is offered (financial, finished products etc. etc.) to keep spending in order to keep them working.

This is tantamount to a snake eating it's tail because it's hungry. It's not a viable economic model, because eventually the bill comes due. What the govt. is doing its darndest (bet another bank went down today on bank friday as usual) to do is to keep itself and the american people from suffering and taking it's economic medicine that it should take. And that is hyperinflation, destroyed dollar, higher taxes, very much lowered standard of living, 50% cut in benefits or gone all together and time. It will take time to sort all of this out. But since we keep admonishing what Japan didn't do (didn't write off the bad loans) which made them have a lost 2 decades and still a wrecked economy. We may be headed into the japan model in not writing off the bad loans, but will be in a full blown deflation depression. If you want to see pictures or stories about a 1st world country going into a currency implosion and a depression just google or wiki the Argentinian economic collapse of 2000 and still not out of it.

That was a first world that it's economy imploded along with the their currency. The sick thing is that it will be 10 times worse for us because we are a reserve currency for the world. And being so big financially, we will hit the ground alot harder and take forever to get backup if ever and if in one piece or 5 (different countries).

reply to post by hoghead cheese
Actually 2 Banks have gone down today...so far...

*PooF* ~$200M :shk:

Failed Bank List
www.fdic.gov...

reply to post by hoghead cheese


we need more people much like you in office and then we would not have the problems we have now. But nooo. We get the ones who can read off a teleprompter and smile good for the camera while he keeps his fingers crossed behind his back all the while he has a H1N1 vaccine in the other hand and states "its for your own good"!

reply to post by lucentenigma


the original link I found for Larry Flynt's article was a simulpost with Thomas Paine's Corner & Huffington. A well written piece, here it is -

thomaspainescorner.wordpress.com...

Enjoy, & please all, give serious thought to this idea of at least one day of -

No buying
No work

This sudden arrest of the flow of dollars and our collective productivity would have a profound impact on TPTB.

If enough citizens participated, this would mandate coverage by MSM. This is completely non-violent, effective non-compliance.

I fear right now that the simmering anger that is starting to boil over into townhalls, protests and such, are only whetting the appetite of TPTB to call out the military or impose martial law on us. We are at the crossroads of a perfect storm this fall -

Supposed Swine Flu/vaccination crisis
Possible Bank Holiday/collapse of the dollar
Possibility of a Healthcare Reform package that may be massively unpopular
Mounting casualties/increasing conflict in Afghanistan

Imagine if these all converge and occur within weeks of each other?!

It is imperative that We The People are heard - NOW!

Originally posted by redhatty
Apparently the threat was successful, as the Judge granted the stay

Judge Grants Stay In Bloomberg/Fed FOIA Case

Last update: 8/28/2009 5:19:42 PM
(MORE TO FOLLOW)

Dow Jones NewswiresAugust 28, 2009 17:19 ET (21:19 GMT)

The gloves are off

The days of protesting, picketing, calling our senators are finished

It's time to ratchet things up a notch, It's time for civil disobedience.

reply to post by PoOkStErX2

Enjoy, & please all, give serious thought to this idea of at least one day of -

No buying
No work

This shouldn't be to hard to achieve...

If most are in the same situations as the People I know...

They CAN'T buy...because they have no Jobs... :shk:

Problem-Reaction-Solution...not what I'd prefer, but if the shoe fits...

reply to post by lucentenigma


Better yet, how about we all STARVE THE BEAST

Pull all your $$ out of the banks & try to convince everyone you know to do the same.

STOP using credit cards... PERIOD

No more loans, no financing anything

Buy nothing that isn't absolutely necessary

Change your W-4 to EXEMPT status till the end of the year

Stop feeding money to these corrupt institutions and .gov officials

Force them to collapse.

STARVE THE BEAST

Edited to add link

[edit on 8/28/09 by redhatty]

reply to post by redhatty


Excellent ideas!!! Truly glad to see that there are people out there that are willing to think outside of the box despite the "threats" and the opression TPTB are trying to shove down our gullets. Good for you for thinking!!

The more people we can reach, and help to understand that it is not only your constitutional right, but our responsibility to take matters into our own hands, the better. Our lives are for us to live, not for them to dictate with their lies, greed, and evil.

TPTB want us to believe that we are powerless and that they are our gods. And the more of us that don't put up with this BS, that pull our money from their banks, stop buying their lies in (all forms), and start taking a stand, the sooner we get our country back!

I don't know about the rest of you out there, but I would rather die free then live as a slave any day. And I will do all that is in my power to inform those around me that they too have that power as well.

Civil disobediance...The stuff that ALL human kind should be made of.

First things first,OP S&F for you! now onto these criminal empires we call banks.The closer these bills for transparency get to being voted on the more panicky the bankers seem to get.Ron Paul and the other congress men who support this legislation are going to be major targets for the banksters they are gonna throw every dime and resource they have to get them out of Congress this coming election.

[edit on 033131p://1526 by mike dangerously]

It doesn't matter if it crashes because if it does then you can bet it was planned and a new game is already in place.

It doesn't matter if it doesn't crash because then the current game will continue for awhile.

If they really are so mighty and powerful do you really think that any of it is by accident? This particular part of the game will play out the way it's been planned to.

Bloomberg filed for the information. Bloomberg?! Are they really going to oppose their masters? How will Bloomberg continue to make money if the banks are stock markets collapse? What's in it for them? It's all an illusion.

We're all outraged that the Fed have said they don't want to release the information but don't you think that is exactly how we're supposed to respond? Do you think our reaction wasn't predicted? It's all smoke and mirrors.

reply to post by VitriolAndAngst

Dude, I do not trust Obama YET.

If you still have ANY faith in Obama you were not paying attention. DON"T trust Any of them they are all connected!

Former Federal Reserve Chairman Paul Volcker will chair a new economic advisory panel created by President-elect Barack Obama www.huffingtonpost.com...

If you were wondering, Paul Volcher and Bill Clinton (ratified WTO) are the ones who set this country up for the last long fall to complete poverty.

Paul Volcher was Chairman of the Federal Reserve from August 1979 to August 1987. He joined the staff of the Federal Reserve Bank of New York in 1952, in 1957 he took a position as financial economist with the Chase Manhattan Bank. He returned as vice president and director of planning, to Chase Manhattan Bank in 1965. After leaving the Fed he became chairman of the investment banking firm, J. Rothschild, Wolfensohn & Co., in New York. It was run by James D. Wolfensohn, who was later to become president of the World Bank.

From 1969 to 1974 Mr. Volcker served as under-secretary of the Treasury for international monetary affairs. He played an important role in the decisions surrounding the U.S. decision to suspend gold convertibility in 1971 Source In 1988 The New York times printed an article reviewing a book vilifying Paul Volcker for creating "singlehandedly" "world economic conditions... bear a disturbing resemblance to those in the 1920's."

Now guess what Volcker is saying??? Paul Volcker: Economic Crisis May Be Worse Than Great Depression He should know he intentionally set up the situation.

... get yourself a copy of William Greider's ''Secrets of the Temple: How the Federal Reserve Runs the Country.''......

According to Mr. Greider, the Fed is ... ''also a political institution, a distinct power center within the Government, defending its own prerogatives...''deliberately set outside the electoral process'' and is ''insulated from the control of mere politicians.'' ....

He begins in 1979 with President Carter's appointment of the powerful Paul Volcker to the chairmanship of the Fed

Finally, he returns to Paul Volcker and shows how almost singlehandedly he not only effected a redistribution of American wealth but also did so in a way that was diametrically opposed to the Populist dream.


... many of the points he makes bear repeating, particularly those having to do with why the end of inflation in the 1980's served to redistribute the nation's wealth and concentrate it counterproductively, or why the high interest rates that followed may have had little to do with the size of the Federal budget deficit, or why world economic conditions today bear a disturbing resemblance to those in the 1920's. www.nytimes.com...

The Federal Reserve is a private corporation and since “the Accord of 1951” it is autonomous. www.freedom.org...

Who is behind the Fed and the ruining of our county? You can start with Adnan Khashoggi and with a look at the long and murky career of Maurice Strong.

"Six Degrees of Adnan Khashoggi," Adnan Khashoggi is connected to every shocking event that has occurred since 1960, usually by no more than one or two degrees.

A partial list would include Iran-Contra, Wedtech, BCCI, the Marcos Philippine kleptocracy, the Synfuels fiasco, and the discovery of buried mustard gas in the pricy Spring Valley neighborhood of Washington, D.C www.slate.com... More articles listed www.slate.com...

At the peak of his deal-making activities, in the nineteen-seventies, the Saudi-born businessman Adnan Khashoggi brokered billions of dollars in arms and aircraft sales for the Saudi royal family, earning hundreds of millions in commissions and fees. Though never convicted of wrongdoing, he was repeatedly involved in disputes with federal prosecutors and with the Securities and Exchange Commission... During the Reagan Administration, Khashoggi was one of the middlemen between Oliver North, in the White House, and the mullahs in Iran in what became known as the Iran-Contra scandal. www.newyorker.com...

The Bush family,... the Saudi royals....—and other rich and influential Saudi families [Khashoggi ] were naturally drawn to one another as they share similar ideologies and goals: the “new world order” which is to be governed and controlled by a small ruling class elite. brainmind.com...

The Kissinger, the Rockefellers, and the Saudi royal family connection: www.lewrockwell.com...

"The royal family of Saudi Arabia gave the Clinton facility in Little Rock about $10 million" www.washingtonpost.com...

The Al Gore, Maurice Strong, Adnan Khashoggi connections:
"With Al Gore’s Earth Day as a Wall Street calling card, Molten Metal’s stock value soared to $35 a share.... On Monday, the stock plunged by 49%, soon landing at $5 a share. By early 1997, furious stockholders had filed a class action suit against the company and its directors.... Maurice Strong in another insider trading case, involving AZL Resources" warofillusions.wordpress.com... AZL's major stockholder was Adnan Khashoggi. Strong acquired effective control and became Chairman of AZL Resources Incorporated.

And Paul Volcker had his own links to Strong. One of these ties ran through the World Bank. Strong, while running a Canadian firm called Power Corporation of Canada in the 1960s, had hired a young Australian, James Wolfensohn, who went on to found his own investment firm, Wolfensohn Associates, where Volcker took a job in 1988 after leaving his post as Chairman of the U.S. Federal Reserve. In 1995, Wolfensohn, with Strong’s backing, became President of the World Bank, and promoted Volcker to take his place as chief executive of Wolfensohn Associates. At the World Bank, Wolfensohn then hired his old employer, Strong, as a special adviser. And when Volcker, nine years later, was tapped by Annan to run the UN inquiry into Oil-for-Food, it was from the World Bank, then still under Wolfensohn, that Volcker drew the initial team to set up his investigation.

Volcker for many years, and at least until 2003, also held a seat alongside Yamani senior
– the father of Air Harbour’s chairman — on the advisory board of the Power
Corporation where Strong, serving as president in the 1960s, had then employed
Wolfensohn.

All this is just a sampling of the tangled nest of personal relationships, public-private
partnerships, murky trust funds, unaudited funding conduits, and inter-woven enterprises

that the modern U.N. has come to embody—and which Maurice Strong has done so much
to create. Yet another potential conflict of interest involves a company called Zenon
Environmental Inc., a manufacturer of water purification equipment, which in April,
2000 was registered as an approved Canadian vendor to the U.N. procurement
department. Six months later, Strong joined Zenon’s board, and remained there through
at least 2005, while also serving as a special adviser to Annan. Zenon was acquired last
year by General Electric, and the board was dissolved. www.iowatch.org...

reply to post by PoOkStErX2

Basically, let's shut everything down for at least a day, or longer if possible.

Here is another option. Change your W-2 to the highest withholding allowed. (make sure you set that money aside and NOT in a bank account where the government can confiscate it, buy gold coins with it perhaps)

The US Circuit Court ruled The Federal Reserve Banks are private. Lewis v. United States, 680 F.2d 1239 (1982).
"Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately-owned and locally controlled corporations." [Lewis vs. U.S., 680 F. 2d 1239, 1241]

The Federal Reserve is a private corporation. Go to the link, it's the state of Delaware corporations page. type in federal reserve It will be the only corporation entry that comes up. Originally incorporated in 1914. sos-res.state.de.us...

The IRS deposits people's income tax checks directly in the Federal Reserve banks--not in the United States Treasury. See the back of your payment to the IRS and then check out the Grace Commission Report: Every cent you pay in taxes goes directly into the bankers pockets.

"With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government." - from the Grace Commission Report famguardian.org...

reply to post by jefwane


Of course the banks are going to threaten systemic collapse, that's all they know how to do is collapse, or appear to collapse, it's an intimidation ploy, plain and simple.

The thread below is about the book of the same name :

The Creature from Jekyll Island : A Second Look at the Federal Reserve

The plan is for an economic collapse, on purpose, it gives them the deniability of attempting to fix a problem they created to begin with, which as well gives them a reason to assist in the global economy because if enough countries are collpasing they can decry that the nation is not the only one in trouble "global economy needs a boost" and demand even more damn money.

They are in essence creating the problem behind the scenes that they will "have the solution" to when they get the appearance of pressure from the World Government's combined masters, the Seven World Bankers.

Plain criminal culpability on their part, plain and simple.

[edit on 29-8-2009 by SpartanKingLeonidas]

News that the judge in the case granted a stay is not unsurprising or unexpected. I was actually less surprised with that than the original ruling which was particularly scathing in it's criticism of the FED.

reply to post by Red Dawn 09

You my friend have just set the presidence for all others to follow! bravo and you will get alot of people following suit! I dare say we shall see an increase of renters in the near future and banks left holding alot of empty homes that they will not be able to sell. Star for your bravery and finnaly standing up for yourself!

The Banks do not care they are buzy selling our land and homes to the Chinese. www.businessweek.com...

Since the "Chinese Communist lover" Maurice Strong and his good buddies David Rockefeller, George Soros and Al Gore and the rest set up this mess starting in the 70's (actually 1913) I doubt walking away from your morgtgage or collapsing the US economy will bother them. yedda.com...

That is not only what they WANT but what they PLANNED!!!!

In 1990, Strong told a reporter a fantasy scenario for the World Economic Forum meeting in Davos, Switzerland - where 1,000 diplomats, CEOs and politicians gather "to address global issues."
Strong, naturally, is on the board of the World Economic Forum. "What if a small group of these world leaders were to conclude the principal risk to the earth comes from the actions of the rich countries?...
In order to save the planet, the group decides: Isn't the only hope for the planet that the industrialized civilizations collapse? Isn't it our responsibility to bring this about?" "This group of world leaders forms a secret society to bring about an economic collapse," www.taxtyranny.ca...

Do you think Rockefeller was bluffing about being part of a secret cabal in his autobiography:

"For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it." - Pg. 405 of David Rockefeller's Autobiography, 2002

Or when speaking at the UN Business Council in Sept 17 1994

"This present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for too long - We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order. David Rockefeller"

Meanwhile as the USA is set to crash and burn Maurice Strong and George Soros are buzy in China gatewaypundit.blogspot.com...

Originally posted by nikiano
I can't wait to find out what they (the banks, the fed) are terrified of what could be uncovered. My guess is that if we do audit he banks, someone will figure out that the banks didn't lose that much money in mortgage crisis or something like that, and that the banks also got billions of dollars in TARP money, which they just sat on and hoarded, while our home values PLUMMETED...

The paper money in your wallet contains these words: "Federal Reserve Note - This note is legal tender for all debts, public and private." Why does paper money not state that it is a note from the Treasury of the United States? The Federal Reserve is not the Treasury; so what is it? The Federal Reserve is a "central bank." To put it in every day terms, it is a private corporation which claims to provide a service to the people of the United States by furnishing the money which is used in our banking system.

Another way to look at it is that the monetary system of the United States is in the hands of a few very wealthy and powerful individuals who control virtually every aspect of our economy. What this means is that the power of the Federal Reserve exceeds and supersedes that of our President and Congress. The Federal Reserve is not accountable to them. They have never published an annual report and their meetings are not reported to the press until six months after they have made a monetary decision.

Consider why Americans cannot forgive themselves the interest on the federal debt: it is because they do not owe it to themselves, they owe it to a private corporation that demands interest. How did we get a central bank? Here are three fine books on the subject: The Secrets of the Federal Reserve, Eustace Mullins, Bankers Research Institute, 1993; The Federal Reserve-An International Mystery, Thibaut deSaint Phalle, Praeger Press, 1984; and Tragedy and Hope, Carroll Quigley, originally published by MacMillian, 1965. Dr. Carroll Quigley was Bill Clinton's mentor from Georgetown University and the one to whom he paid special tribute at his first Inaugural address.

www.freedom.org...

The FED has the authority to create new money by writing a check on itself, a power that has been described as creating money "out of thin air." Legal? No way is this legal. I have been looking into this, it seems that the FED is going to be audited whether they like it or not...
Plan to Audit Fed Gathers Support Across Spectrum
www.americanfreepress.net...

Americans Want Federal Reserve’s Secret Shenanigans Exposed
www.americanfreepress.net...

The Federal Reserve has been a thief in the night for us Americans since 1933, and they most likely got the original idea from the Knights Templar, who basically invented credit. First gain the absolute to coin money from the Treasury, the only entity named in the Constitution that has power to do this. Right there the first Treason was made. Then convince every American that they can live above their means by using easily available credit. Along the was create another illegal entity called the Internal Revenue Service and charge them to collect tax on the income of American workers, another illegal act with no law to support it. Then let things run merrily along for years, while the bankers stashed away billions in gold and silver in secret places, all at the poor taxpayer's expense. Today, the Federal Reserve is engaged in economic warfare against the American people. Is this Really happening? Decide for yourselves. I think it is.
They may as well be printing counterfeit or Monopoly money for all it's worth.

I am inclined to lay this at the feet of the Federal Reserve Bank, and the World Bank, and if the reader missed the World Bank's recent acquisitions, and the FED giving the World Bank some $200 million dollars, and then the WB goes out and buys CitiBank and other large financial concerns. Here are some links:

www.workers.org...

www.xat.org...

dealbook.blogs.nytimes.com...

Bailout bill gives Fed new tool to boost liquidity
www.reuters.com...

Congressman McFadden on the Federal Reserve Corporation
Remarks in Congress, 1934 AN ASTOUNDING EXPOSURE
www.afn.org...

New Acquisitions from the World Bank
Dünya Bankasından Yeni Yayınlar
library.bilkent.edu.tr...

The Federal Reserve Is A PRIVATELY OWNED Corporation
www.apfn.org...

www.abovetopsecret.com...

and this is for some more interesting info.. IT is a long read but trust me if your angry now.. you will be MAD ...

This lot RUN the show and they do NOT CARE about YOU

Evil? you bet cha

reply to post by autowrench

Congressman McFadden on the Federal Reserve Corporation Remarks in Congress, 1934 AN ASTOUNDING EXPOSURE www.afn.org...

McFadden was my hero but they could not let him live. In 1933, Congressman McFadden, a former banker, introduced House Resolution No. 158, Articles of Impeachment for the Secretary of the Treasury, the Board of Governors of the Federal Reserve, and the officers and directors of its regional banks. Subsequently he was shot at twice, poisoned and had his stomach pumped, and poisoned again so he reportedly “died of the stomach flue” on Oct. 3, 1936.

The same thing happened to Kennedy (JFK) On June 4, 1963, John F. Kennedy signed the Presidential decree, Executive Order 11110, with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. It gave the Treasury Department the authority: "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." More than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. $10 and $20 United States Notes were being printed when Kennedy was assassinated. Obama or Bush should have done the exact same thing instead of bailing out the criminal banks. Executive Order 111110 is still active so it would be simple to do. Instead MORE money (and power) is given to the banks putting the USA deeper in debt..
Isn't it amazing how many political leaders end up dead, killed by “a lone gunman” after defying the banking powers? Ain't those numbered swiss bank accounts handy?

Nine American Presidents have been the targets of assassination. The latest politicial leader was Ron Paul. Just a few short weeks after he had assure his supporters he was in the Presidential race to the end, he abruptly quit a couple of days after the Bildeburgers met. An earlier report by Dan Estulin alleged the Bildeburgers were considering getting rid of Ron Paul. Now supporters displaying a Ron Paul Bumper sticker are considered possible “terrorists”!

targets of assassination
thetruthnews.info...

symmetricAvenger, Thanks for the information. The interconnections between Rockefeller, Maurice Strong, George Soro, Al Gore, the Clintons, the UN make it obvious that the goal is a one world government with two types of people. The elite and the impoverished ignorant peasant.

All of Maurice Strong's "environmental" brainwashing is about getting the average middle class liberal to support "sacrificing his way of life" for the good of "mother earth"

[Strong] said, "....current lifestyles and consumption patterns of the affluent middle class, involving high meat intake, use of fossil fuels, appliances, home and work air conditioning, and suburban housing are not sustainable." www.freedomadvocates.org...

You will notice the attack is against the MIDDLE CLASS and not the ultra wealthy.

The banking/corporate elite who wish to set-up a World Government love "socialism" They decided that “socialism was an excellent vehicle for seducing the “unwashed masses” into cooperating. “What unites the many different forms of Socialism.. is the conception that socialism (or a reasonable facsimile thereof) must be handed down to the grateful masses in one form or another, by a ruling elite which is not subject to their control...” The bankers have found socialism very useful in manipulating political activists as they set up their world government. jimsimmons-author.blogspot.com... The state is the ultimate monopoly,. by controlling that, they control everything. the New World Order and the Rockefeller's are all part of the same picture: a ruthless, insatiable drive for world resource monopoly.

"For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it." - Pg. 405 of David Rockefeller's Autobiography, 2002

It has to go, all of it. Once we rid ourselves of these parasites humanity can move forward, many better financial systems have been proposed.

All that's needed is one big push and the bankers tower will fall.