Are Big Banks a Bunch of Organized Criminal Conspiracies?

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posted on Mar, 2 2013 @ 02:28 PM
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Are too-big-to-fail banks organized criminal conspiracies? And if so, shouldn't we seize their assets, just like we do to drug cartels?

Let's examine their sorry record of deceit and deception that has surfaced in just the past two months:

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Nationalize Now and Create State Banks

There are about 20 too-big-to fail banks which have been designated "systematically significant." These should be immediately nationalized. Shareholder value should be wiped out because these banks are repeatedly violating the law, including aiding and abetting criminal enterprises. All employees should be placed on the federal civil service scale, where the top salary is approximately $130,000.

Can the government run banks? Yes, if we break up the big banks and turn them over to state governments so that each state would have at least one public bank. (North Dakota has a strong working model.) The larger states would have several public state banks. But never again would we allow banks to grow so large as to threaten our financial system and violate the public trust. Let FDIC regulate the state banks. They're actually good at it.

(We'd also have to do something about the shadow banking industry -- the large hedge funds and private equity firms. Eliminating their carried-interest tax loophole and slapping on a strong financial transaction tax would go a long way toward reining them in.)

Won't the most talented bankers leave the industry?

Hurray! It can't happen soon enough. It's time for the best and the brightest to rejoin the human race and help produce value for their fellow citizens. Let them become doctors, research scientists, teachers or even wealthy entrepreneurs who produce tangible goods and services that we want and need. What we don't need are more banksters.

Isn't This Socialism?

We already have socialism for rich financiers. They get to keep all of the upside of their shady machinations and we get to bail them out when they fail. This billionaire bailout society is now so entrenched that our nascent economic recovery of the last two years has been entirely captured by the top 1 percent. Meanwhile the rest of have received nothing. Nada. (See "Why Is the Entire Recovery Going to the Top One Percent? [16]")

I know, I know, people say, "Next time, just don't bail them out!" Meanwhile, they get to rip us off, day in and day out, until the next crash? No thanks. Put them out of business now. If you have a better idea, let's hear it.



From AlterNet: www.alternet.org...

This is a nice article on Banking Malfeasance that proposes an interesting viewpoint - seize their assets. LOL.

However it does backup my continuing agrument that Government is not the problem (or the enemy) and that the problem (enemy) is BIG BUSINESS (particularly BIG FINANCE). It is true that modern government is 'on the payroll' of these very BIG BUSINESSes of which I speak but it's a very important distinction. And we will never get a government that is responsive to the needs of all it's constituents until BIG MONEY influenance is contained.

When we talk of Psy-Ops, we always name "government" as the perpetrator - but who benefits? It's BIG BUSINESS that benefits in the end. It's BIG BUSINESS that is behind the 'anti-government' rage, it's a psy-op, a diversion from the real problem - BIG MONEY INTERESTS.

edit on 3/2/2013 by kosmicjack because: fixed tags




posted on Mar, 2 2013 @ 03:01 PM
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If big-to-fail banks are organized criminal conspiracies then it should be easy to find this out? Obama and his government and also the pebublicans must then set up a honesty group of people to look through evey bank account and every buisness the bank have done, and then they will find out if they have done criminal things.



posted on Mar, 2 2013 @ 03:08 PM
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reply to post by Honestyforall
 


Just recently in the news BIG BANKS have admitted to laundering drug cartel money. That's illegal.....

From:

www.informationclearinghouse.info...

(there I can use sources from both sides of the Wack-A-Doodle line"



December 17, 2012 "Information Clearing House" - In what the New York Times declared as a “dark day for the rule of law” on December 11, 2012, HSBC, the world’s second largest bank, failed to be indicted for extensive criminal activities in laundering money to and from regimes under sanctions, Mexican drug cartels, and terrorist organizations (including al-Qaeda). While admitting culpability, and with guilt assured, state and federal authorities in the United States decided not to indict the bank “over concerns that criminal charges could jeopardize one of the world’s largest banks and ultimately destabilize the global financial system.” Instead, HSBC agreed to pay a $1.92 billion settlement.



posted on Mar, 2 2013 @ 03:53 PM
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Drug industry is big criminal money buisness. I wonder why because when I hear about drugs in the news they talk about streetprice on drugs. I think then that drugs are mostley in use by people that are nearly living on the street as heroin-beggars or some sell their body as hockers to get money to the drugs they are addicted to. I do not understand that drugs can be so big industry because there are not easy for this people that is addicted to drugs on the street to get money every day, so they can not do those that make drugs rich in money.

edit on 2-3-2013 by Honestyforall because: (no reason given)



posted on Mar, 2 2013 @ 04:09 PM
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Here is something for everyone to look up......How many Treasury Secretaries came from the big banks that recieved ballout from the goverment or are attached to the goverment?

Do you think for one momement that these big banks are playing fare with the tax payers dollars.... I beet the Next Treasury Secretary come from GMCA since they just filled for bankruptcie in 2012.

There is a pattern here that we need to look at between the big banks and Washington.



posted on Mar, 2 2013 @ 05:09 PM
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reply to post by FyreByrd
 


I think it's a well-established fact by now that they are indeed a bunch of criminals. They pay for government protection, so it's not like anybody's going to do anything about it.

Here's a good place for some eye-opening information:

Gangster Bankers: Too Big to Jail [Matt Taibbi/Rolling Stone]


The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world, the U.S. Justice Department granted a total walk to executives of the British-based bank HSBC for the largest drug-and-terrorism money-laundering case ever. Yes, they issued a fine – $1.9 billion, or about five weeks' profit – but they didn't extract so much as one dollar or one day in jail from any individual, despite a decade of stupefying abuses.


Taibbi has been writing these stories for years; he's an expert in it, and he doesn't pull any punches....

edit on 3/2/2013 by Ex_CT2 because: (no reason given)



posted on Mar, 2 2013 @ 05:19 PM
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Originally posted by Ex_CT2
reply to post by FyreByrd
 


I think it's a well-established fact by now that they are indeed a bunch of criminals. They pay for government protection, so it's not like anybody's going to do anything about it.

Here's a good place for some eye-opening information:

Gangster Bankers: Too Big to Jail [Matt Taibbi/Rolling Stone]


The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world, the U.S. Justice Department granted a total walk to executives of the British-based bank HSBC for the largest drug-and-terrorism money-laundering case ever. Yes, they issued a fine – $1.9 billion, or about five weeks' profit – but they didn't extract so much as one dollar or one day in jail from any individual, despite a decade of stupefying abuses.


Taibbi has been writing these stories for years; he's an expert in it, and he doesn't pull any punches....

edit on 3/2/2013 by Ex_CT2 because: (no reason given)


I don't think they are buying protection. These multinationals have already captured government. They are using it as their personal brute squad.



posted on Mar, 2 2013 @ 05:31 PM
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democrats wrote the bank laws.

democrats created the biggest bank of all, the federal reserve.


so if banks are criminal enterprises, which they seem to be, who allows them to act in this way?

government!!


nationalizing is not a good idea, not at all...



posted on Mar, 2 2013 @ 05:37 PM
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Check out the series 'Addicted to Money' which is on (ironically) the Wealth Channel on ost satellite systems. They get into the whole debacle in detail. The series is made in Australia and essentially call the whole thing a criminal conspiracy. So yea, they are. Thowing political rants into the argument just highlights tye ignorance of why we are where we are. This isn't a Democrat or Republican thing. They both work for the banks and the people that control them. Period.



posted on Mar, 4 2013 @ 05:04 PM
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I think some in USA treat Mexico bad and I think USA and Mexico do not need to have this drugwar with Mexico. I think some in USA cheat some in Mexico to have Mexico poorer than USA in money. If Mexico stop produce drugs or stop tp try to smuggle drugs over to USA the Mexico will be a rich and good and nice country to live in for all in Mexico. I think the mostley of heroin and other drugs in the world is produced inside USA. I think the drugs that came in to USA from Mexico is under 3 % of the drugs that USA produce to those that use most drugs in USA. I think some in USA that buy or steal the drugs from Mexico have nearly full control with the Mexican-USA border and they who have full control with the border rule over the police in USA and the police do not know who they are, but I think they can find them if they are enough honesty police people. I think many Mexicans get cheated to produce drugs and to smuggle drugs and many that smuggle the drugs is cheated and they get catched on the border or inside USA and the drugs they smuggle is taking in to USA and people that have drugproduction inside USA get this drugs to and they are those that cheated the Mexican drugsmugglers and drugproducers to like giving them drugs without paying for the drugs.

If USA would stop the drugsmuggling from Mexico they would easy stop it but somebody in USA want that Mexico shall be poor so they do want to help Mexico to stop produce drugs or smuggle drugs.

Quess why?



posted on Mar, 4 2013 @ 05:22 PM
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Originally posted by bjax9er
democrats wrote the bank laws.

democrats created the biggest bank of all, the federal reserve.

so if banks are criminal enterprises, which they seem to be, who allows them to act in this way?

government!!


This is not a partisan issue but goes on between both parties.
Is it the Democrats that said Corporations are people, thus giving them more power to buy government, so that they can sidestep the markets and be first in line? These Corporations and Banks buying politicians are anti capitalists that don't believe in participating in the markets the same way everyone else is forced to.



posted on Mar, 4 2013 @ 05:52 PM
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"Too big to fail" (for financial stability reasons) should NOT mean "too big to jail" and those in the banking business that conspire to and do break laws (from antitrust laws to reporting of financial assets) should go to jail.




 
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