Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Bankers’ Fraud Now ‘Too Big To Fail’!

July 3, 2012 by mosesman

  • Emphasis mine:
    –
    Bankers’ Fraud Now ‘Too Big To Fail’! 
    by Jeff  Nielson, http://www.thestreet.com/ 
    NEW YORK (SilverGoldBull.com) — There is more outrageous news out concerning the crime syndicate otherwise known as our financial sector. The news was not that these banksters have openly admitted that they willingly/gleefully participated in LIBOR-related fraud that exceeds (present tense) $350 trillion in scope.
    –
    No, the news was that this crime syndicate has now proclaimed that its acts of fraud are themselves “too big to fail.” As the banking cabal’s favorite apologist, it was delegated to Bloomberg to frame the announcement in its media spin.
    –
    Naturally Bloomberg did not use the phrase “too big to fail” when it explained why these bankers must be allowed to continue their crimes “. . . because structural changes risk invalidating trillions of dollars of contracts.”
    –
    This is perverse to the point of being fraudulent. The banking cabal has admitted its fraud in this $350 trillion crime spree (more than five times the size of the entire global economy). As a matter of law, all of these contracts became null and void the moment this fraud was discovered (and confessed).
    –
    Indeed, it is a separate (criminal) act of fraud for each and every one of these contracts that continue to be enforced despite being null-and-void as a fundamental precept of the rule of law. To demand that these contracts remain in effect is nothing less than a proclamation the rule of law no longer exists. Crime becomes “OK” as long as it’s large enough.
    –
    It was bad enough that after 2008 this financial crime syndicate was allowed to proclaim itself “too big to fail.” The message it sent was this: If you increased the total amount of your bets to a high enough threshold (leveraged to the hilt, naturally) this qualified you for Permanent Corporate Welfare.
    –
    Wall Street then proceeded to extort more than $15 trillion in assorted hand-outs and subsidies from the U.S. government (and U.S. taxpayer), an amount greater in size than the entire U.S. economy. As I observed at the time, even if these monstrous hand-outs had not taken place, as a basic proposition of logic “too big to fail” must actually mean too big to exist.

end

Post navigation

Previous Post:

Turkey Scrambles F-16s On Syria Border As US Intelligence Says Syrian Story Was Correct All Along!

Next Post:

20 More Banks were Rigging Interest Rates: British Bankers Now Facing Criminal Inquiry Over Scandal That was Kept Secret for Years!

2 Commments

  1. Per Kurowski says:
    July 8, 2012 at 3:39 pm

    How to break up a too big to fail and too big to capitalize bank in hours! http://bit.ly/M9UNOt

  2. Pingback: Eurozone Banks Dump Bad Paper on Taxpayers! «

Comments are closed.

Pages

  • About

Recent Posts

  • Franklin Graham Reacts to Biden Omitting ‘God’ from National Day of Prayer
  • Israel-US to Simulate Strike on Iran; Turkey Rejects Sweden-Finland NATO’ Bid TV7 Israel News 18.05
  • WHO Tries To Form World Government and Geraldo Rivera Is Exposed
  • Good Morning America Admits Vwac-xine Boosters Destroy Your Immune System
  • City Mayors Working Directly With U.N. as U.S. Government Surrenders Authority to the W.H.O.
  • The Great Reset | Google Co-Founder “Eternal Life? In 10 Years We Have an Implant In Our Brains?”
  • Bill Gates And World Health Organization Drafting A Global Pandemic Treaty Is Nothing Less Than Bringing In The Government That Antichrist Will Require?
  • Third of Global Population Killed in Next War Cycle – Charles Nenner
  • Orbán Warns West is Subjecting Itself to “Suicide Waves” of Decline
  • Situation Update, May 17, 2022: America Will Soon Become an ACTIVE WAR ZONE With Radiological Attacks
  • Fully VWAXCED YOUNG ADULTS Are 92% More LIKELY TO DIE than UNVWAXCED YOUNG ADULTS (Daily-Expose)
  • UN-WHO PLANDEMIC TREATY (Sen. Malcolm AU; Dr. Tess Laurie UK) Forced Jabxbing; Detention Camps +
  • Key NIH Research Executive Received 70 Secret Royalty Payments; Colleague Got 7
  • The American Journal: “Twitter Does Not Believe in Free Speech,” Says Senior Engineer – FULL SHOW – 05/17/2022
  • Russian Ops in Ukraine: Advances in Donbas, Ukraine Surrenders at Azovstal
  • Investigation Launched After ‘Mystery’ Surge in Deaths of Newborn Babies
  • Pandemic Treaty Will Crush Sovereignty: Elected World Governments Prepare For Global Enslavement
  • A Currency Apocalypse Courtesy of the Old Lady of Threadneedle Street.
  • Mortality Among White Collar Workers Jumped 24 Percent Between 2020 And 2021, Life Insurance Data Show
  • Azov Battalion SURRENDERS in Mariupol

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
July 2012
M T W T F S S
« Jun   Aug »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
© 2022 Socio-Economics History Blog | WordPress Theme by Superbthemes