Originally posted by rbnhd76
I believe that banking institutions are more dangerous to our liberties than standing armies.
Few men have virtue to withstand the highest bidder.
Let me issue and control a Nation's money and I care not who makes its laws".
Amsel (Amschel) Bauer Mayer Rothschild, 1838:
edit on 10-5-2012 by rbnhd76 because: (no reason given)
Originally posted by knightrider078
While we were Distracted with Gay Marriage news This happend today
Not one mention of this today on ANY of the News Services They were all distracted with Obamas 3rd position on gay marriage.
Fed clears China's first US bank takeover
The United States on Wednesday opened its banking market to ICBC, China's biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company.
Does anyone see any probs here?
Originally posted by Blaine91555
reply to post by knightrider078
The US has banks all over the world and I think you picked the wrong cause here. Protectionism does not work.
It's China's dishonesty in rating their currency and stealing of protected intellectual and patented properties that is the problem; Not doing business with them.
In fact this may be a very good thing if it helps lead to a properly valued yuan and it might.
A fellow named Barney Franks and his flunkies were the primary cause of our issues here with banks. Banks are just entities, it's when they are lead by crooks they become an issue. They are not inherently bad, just like no corporation is bad. Sometimes the Exec's can be very bad, but the banks and corporations are the stockholders. These days they are owned by ordinary people as part of their retirement investments. Hate the crooked Exec's not Grandma for owning stock in her retirement portfolio.
It's hard to take seriously the idea of a person criticizing Obama and at the same time embracing his invented Class Warfare. Literate people know the truth and are not fooled by class warfare or folks who hate business and don't really seem to know why as they covet their next Mac or IPad.
Remember when the fanatics in the Gulf region boycotted the BP Stations? They actually thought that BP owned them They hurt their own neighbors out of illiteracy and bigotry. They are why people like Obama get elected in the first place.