…The accomplishments of the Rothschild’s and fellow banksters is nothing short of astonishing. They have literally got the world to hand them the right to manufacture money out of nothing and then to turn around and lend the mammon back to the world plus usurious interest! Almost single handedly, this small group of men have dominated the world. However, in their efforts to dominate the world they have caused extraordinary pain and agony and even potentially the complete destruction of life on earth…
http://www.libertyforlife.com/banking/federal_reserve_bank.html
Related:
http://www.xat.org/xat/moneyhistory.html
http://www.xat.org/xat/usury.html
Also Related:
“The Government Has Bought Into the Notion that Too Big to Fail Is Too Big to Jail”
Alternative financial media have noted for years that:
- Fraud caused the Great Depression and the current financial crisis, and the economy will never recover until fraud is prosecuted
- Criminal fraud is the main business model adopted by the giant banks. See this
- Largely because they are out-of-control criminal enterprises, economy cannot recover unless the big banks are broken up.
- The Obama administration has made it official policy not to prosecute fraud. Indeed, the “watchdogs” in D.C. are so corrupt that they are as easily bribed as a policeman in a third world banana republic.
- Instead of prosecuting, the government throws money at them
- As Nobel prize winning economist Joseph Stiglitz noted years ago:
“The system is set so that even if you’re caught, the penalty is just a small number relative to what you walk home with.
The fine is just a cost of doing business. It’s like a parking fine. Sometimes you make a decision to park knowing that you might get a fine because going around the corner to the parking lot takes you too much time.”
Image by William Banzai
Now – with the slap on the wrist of giant HSBC for laundering huge sums of drug money – even the mainstream press is starting to catch on.
The New York Times notes:
Congressional hearings exposed weaknesses at the Office of the Comptroller of the Currency, the national bank regulator. In 2010, the regulator found that HSBC had severe deficiencies in its anti-money laundering controls, including $60 trillion in transactions and 17,000 accounts flagged as potentially suspicious, activities that were not reviewed. Despite the findings, the regulator did not fine the bank.
During the hearings this summer, lawmakers assailed the regulator. At one point, Senator Tom Coburn, Republican of Oklahoma, called the comptroller “a lap dog, not a watchdog.”
A New York Times editorial argues:
It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system. They also have not charged any top HSBC banker in the case, though it boggles the mind that a bank could launder money as HSBC did without anyone in a position of authority making culpable decisions…
http://www.globalresearch.ca/the-big-banks-are-criminal-enterprises/5315943
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