posted on Mar, 21 2011 @ 02:31 AM
Originally posted by nda11
reply to post by Newbomb Turk
First of all, it's ILLITERATE! If you're going to attack people for not being able to read, write and spell... make sure you get it right -- or YOU
just sound ignorant.
Last time I checked, bankers were not dead but getting pretty hefty bonuses.
Aliterate means those who can read but don't, research before you say something like that again. Now, let me reiterate, when I say the bankers are
dead, I mean the old power of the bankers is dead. Its 2011, things change and power shifts but people on the lower levels of the stratum can't see
that, they only know they live in a plutocracy and they do not have power.
It's not bankers getting big checks anymore, its actually hedge fund managers and private equity traders. Large companies such as General Electric
have much more power than any bank, they even perform some of the same functions as banks (for example, distribute debit cards and have a trading
floor), even though this goes on secretly. Same goes for Berkshire Hathaway, and other private companies that you cannot name. Marc Rich controls more
sizeable assets than any bank. I guess you haven't heard of the many "breaking of banks", that have happened in the last few decades. Banks shake
in their pants at the power of some of these shadow market players. I'm not speaking of this as an actual researcher, but also an insider, someone
who participates in these complex deals.
The Hunt heir stated in fortune: "We'll never go back to the good old days of the oil industry"
Also, As Eustace Mullins brilliantly stated after quoting the Hunt Heir: "Its not only the good old days of the oil industry, but also the empire
building days of the Vanderbilts in railroads, Carnegie in steel, or Baker in finance, which have disappeared. They have been transmuted into new
types of financial operations, such as mergers, leveraged buyouts, and other forms of takeovers"
Please go read the book: Vandals' Crown: How Rebel Currency Traders Overthrew the World's Central Banks, also read: Death of the Banker.