What went so horribly wrong with regards to the global financial crisis?
Was it the deregulation of financial institutions?
Perhaps the abolition of Glass-Steagall?
Maybe Gramm-Leach-Bliley is to blame?
“Derivatives” enter this discourse eventually, but just what are derivatives exactly? -and can they be explained in layman’s terms?
But of all the questions surrounding this issue, perhaps the most perplexing of them all is this one: Why has no one been indicted or imprisoned for wrecking Earth’s entire global economy?
Many within the circles of the financial elite who gained from the destruction have the audacity to claim that nobody saw this crisis coming, despite the fact that in 2004 the FBI warned of an “epidemic of mortgage fraud” – on the lending side, not the borrowing side.
Meet the man who jailed a thousand bankers following the Savings and Loan (S&L) crisis of the 80’s and 90’s – William K. Black. As he and others will assure you, this situation is absurdly simple: The largest bank robbery in recorded human history has taken place, but no one has been arrested.
Unlike S&L, the men responsible have not only hijacked everything money can buy (including government); they’ve managed to get away with it scot-free. Until they are arrested, indicted and imprisoned, we cannot reasonably expect anything to change.
WHERE IS THE TOP OF THE PYRAMID?
The financial Pyramid is composed of a cluster of organizations we can call the Cornerstones of Corruption. Ever wonder what the Council on Foreign Relations is? This organization has dominated every presidential administration since the days of FDR, and today entails some 4,000 members. If presidents have not themselves been members of the CFR they were surrounded by people who were – as is the case with the Obama White House. CFR are given directives from the Trilateral Commission, which functions as the governing Roundtable Group for the United States sector, and today boasts some 300 members. Trilateral are given their directives from an even more powerful group, which meets annually. As major corporations merge into conglomerates, those who wield high influence are invited to attend a Bilderberg conference eventually. Successful, independent billionaires are usually coerced into toeing the Bilderberg line eventually, further consolidating power.
Corporations need access to cheap money (at low interest rates), which is supplied by the next link in the chain of command: the International Monetary Fund, the World Bank, and the Bank for International Settlements. These Rothschild founded institutions continue to consolidate power, buying up banking chains for pennies on the dollar; buying up land for pennies on the acre; buying up corporations for pennies on the share. The next step in the globalist agenda is the successful solidification of the Trans Pacific Partnership (TPP); which is a more aggressive form of the Security and Prosperity Partnership (SPP) under Bush which was supposed to form a borderless community between Canada, the United States and Mexico, and was supposed to wipe the dollar out and replace it with the Amero (the North American Union version of the Euro); SPP was really just a more aggressive form of the World Trade Organization (WTO) which was resisted so vigorously by the people, the meetings in Seattle resulted in warzone-like chaos now known as the Battle For Seattle; NAFTA (the North American Free Trade Agreement) is tied up in here too, but I think you’re beginning to see the pattern here – more and more aggressive bills and agendas are slowly introduced over time as part of incrimentalism. The theory deals with a live frog in a pot of water on your stove. If the temperature is turned up too quickly, the frog will become uncomfortable and jump out. On the other hand, if the temperature is adjusted incrimentally, that is, very slowly over a long period of time, the frog will eventually boil to death and be completely unaware of what is happening.
As a globalized world gobbles diminishing resources, the same families continue to benefit from the the wreckage they caused: Rockefeller, Morgan, and the Grand Emperor of all Earthly Bankers: Red-Shield Rothschild.
WHO DUN IT?
So who specifically are ultimately responsible? As it turns out some of the most blatantly guilty parties are as follows:
William C Dudley
This is by no measure a complete list – just one of the cornerstones of corruption. Al Capone has nothing on these financial terrorists, all of whom currently serve in positions of power and influence, from the White House to the CFTC, to ivy-league universities. The financial brand of organized crime has proven to be the most insidious of all, stealing wealth, commandeering governments, seizing markets, and taking the world hostage.
WHAT CAN WE DO?
There appear to be hidden tools for which to meaningfully oppose the fascism being handed down as salvation at the moment, and if you’re reading this then you’re already utilizing the most important tool humanity has: the internet.
But with banking specifically in mind there are several other potential tools at the people’s disposal. Bitcoin is quickly becoming a powerful tool with which to stand up to the corrupt central banking global monolith. It is increasingly validated by more and more reputable businesses aligning with Bitcoin to exchange goods and services for the new currency. As a matter of fact, in the wake of Cyprus’ economic and banking collapse, Bitcoin ATM’s have appeared! And it doesn’t work the way the old systems of money have functioned, and bankers who have become indolent to the old models are soon in for a big wake up call. Their wealth will likely be transferred out of their accounts by brazen hackers eventually, and they won’t even realize what happened. What is more, regulatory bodies cannot seize Bitcoin – a perfect example of this is the FBI’s attempted seizure of the Pirate Bay’s assets, which were in the millions. But since it was Bitcoin the authorities had to admit that they lacked the mental faculties to seize any of it.
We can also push for public banking – as is the model in North Dakota (publicbanking.org), which happens to be the only state in the US with such a model. Public banking is actually honest, benefits the people, and in the case of North Dakota, flourished during the 2009 banking panics as opposed to how every other bank in the country ended up – in the hands of one of the big three banking families.
In the end we would do well to rid ourselves of money and the lust that we humans have attached to it. In the meantime, our situation may have to become exponentially worse than it is now for enough people to understand how truly obsolete and imaginary the monetary system is. Until then, individual survival in this new world now depends on individual prowess and education in as many fields as possible. We’ll need to master everything from automechanics to computer languages in a world with fewer jobs and higher profit motives. And it is only a matter of time before the obsolete “working poor” as they’re called by the established oligarchy, are shuffled into camps on a wider scale that merely what is happening in Columbia, South Carolina right now, where homelessness has been declared an offense. Homeless populations in that area have been taken to a “shelter” that resembles more of a prison labor camp than a shelter. The largest red flag is the fact that “residents” are not allowed to leave.
Money is just a means to an end. The end is control. Power is the only addiction that lies beyond Money. But this isn’t the first time history has seen a version of this kind of story play itself out. Consult the David Mitchell book AND Wachowski/Hanks film adaptation of “Cloud Atlas” for a deeper meditation on the rise and fall of empire and the cyclic nature of time. This too shall pass.