Now that we know that finance American is part of the grand conspiracy to establish a NWO (new world order) – which is to enslave peoples by debt, as well the Americans that all peoples of the world – people known less his face of speculators, of unscrupulous and irresponsible loosers Grifters sharks, sick of Midas syndrome and who is behind Wall Street and the FED who has managed to impose its dictates to the American Governments (Clinton, Bush and Obama), destroying American democracy and those on which it put the hand. This article is a synthesis of : the Face hidden of banks of Éric Laurent.
The speculators :
This finance is composed of bankers who specialize in speculation at the expense of the interests of peoples, whose sole purpose of earning more and more money without control States and any legal rule, rather than be a part of the real economy devoid of any humanity.
These banks (Goldman Sachs, Bank of America, City group, JP Morgan, Bear sterns) have created financial products said derivative: mortgages hedge (sub prime), insurance against non-payment (CDS), CDO, Hedge funds, SIVS, enabling them to make excessive short-term profits, but without make attention to the risks of these products purely speculative financial and which do not bring added value to the real US economy, and even cause destruction of the country.
These products are based on complex models that do not take into account the evolution of the markets and which are based on past events.
More on the margins of their activity of investment banks, which is only a business of purchase of firms in difficulty, that the banks restructure with the help of suddenly redundancies and ruthless reductions in operating costs, for resale at a significant profit, the profit is the only purpose of these predatory financial.
Finally, their speculator activity also extends on the raw materials, which fluctuate as they wish their price artificially, only to enrich themselves on the backs of the producers. Thus, a barrel of oil can be sold 27 times before being consumed !
The grifters !
If these products were only the result of the inventiveness of these financial, one could say bravo, but these products are marketable to customers unless their risk and their editing, more and more complicated, are hidden to the purchaser and conditioned by including them secretly in so-called investments without risk, with the connivance of banks between them.
Any time, we can’t hide the responsibility of consumers, because without their lust for spending or to become a homeowner at all costs, or their appetite more and more great for high interest rates, or the idea to compensate for the loss of their income, these speculative bubbles like the sub prime and hedge funds, would not be formed.
Of course these unscrupulous bankers do not put in police warning, or have not required of them the necessary guarantees.
These scammers have never accrued insurance sold to reimburse the insured with CDS.
They have never had the necessary capital, but have borrowed it from the day on the market today for their investment in SIVS.
Financiers have also obtained good grades rating agencies on their product by purchasing them, as well as their involvement and their silence to lower scores of competitors in order to destabilize.
They have always hidden their balance sheets to the supervisory authorities and rejected any intervention on the pretext of impediment to their freedom.
The loosers :
All these speculative trading is very risky. In addition, it creates bubbles that can only explode at the end of a period of time, because not they are not based on a real growth.
Their more or less rapid burst, cause the ruin to a string of these financial institutions and the occurrence of large scale crises, that shook the real economy of the country impacted, ruining small and large investors, putting millions of employees unemployed, putting on the straw of the thousands of retirees, drying thes loans required for the good works of the anglo-saxon versus economy, that was adopted for decades by the companies in Europe, depriving them of the needed loans for their development or their temporary difficulties.
The sharks :
No matter the resulting disaster, because thanks to the conflict of interest between the Government and these financiers, their greed, contempt without limits, their arrogance, their cynicism, their incompetence, their blindness, their errors, their colossal losses are never punished and officials never dismissed, but their losses are always bailed on the backs of taxpayers without control and without consideration, or by the debt of the States whose revenues have decreased due to the loss of industrial jobs etc.
Even better, the toxic assets of the banksters are redeemed by the U.S. Government.
Financiers have also obtained from corrupt policies, European Americans, total impunity in freeing himself (Glass steegall, market to market) rules and constraints, once laid down by generations of integrated policies that had seen the danger of speculation.
They have even violated banking laws (Basel agreements) asking them to provide a part of their investment by the constitution of capital of 8%.
Having succeeded in what States can no longer make their money, they use blackmail, saying that they won’t invest more money in the real economy, as long as the crises they have caused, will be not brought under control by the States.
Since then, they take themselves for the masters of the world and paradoxically their power is based on the fear of the return of a crisis as in 1929.
In addition, to safeguard benefit plans of bailouts of the banks on the verge of bankruptcy and touch their salaries and bonus indecent, never used them lesson, since they resumed more beautiful, once the crisis passed.
Finally, the attention of the general public is diverted to tax evaders, a crook like Madoff, lampiste as Kerviel, tax havens, by the media complicit and crooked politicians.
Why we are here: because the financial stability of the U.S. financial markets, ensures the pre-eminence of the USA on the rest of the world and therefore its security against the rise of the hostility of the other countries, because the campaigns of politicians are funded by these banksters (the last Obama campaign cost a billion dollars), because financial integrate after the elected Government team, because countries like China have bought so many U.S. Treasury they did not interest the USA bankrupt, but also because the policies are overwhelmed by the complexity of the financial system.
However, the speculation has become the evil absolute, destroying men and economies.
To put an end to this collective suicide, the societies must regain control of finance, and no longer to allow rule by it : re establish all rules that have been removed under pressure from Bank lobbies and permanently separate deposit banks, insurance, from speculative financial institutions.