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Yet our Congress passed the laws which have allowed much if not most what they have done to be legal. Furthermore, at least three POTUSs in a row have used the US troops to further the agenda of the big banks and big oil by waging war overseas without Congressional consent (in the name of NATO or the UN).
Spot On!
Thing is, this is all being engineered away from the prying eyes of the public, but it is not hard to see how Washington works when your lucky to catch a glimpse.
During 1994 when Brooksley Born tried to regulate OTC Derivatives, 13 Banksters piled into Summers Office and basically told them who is boss:
Quote:
“I walk into Brooksley’s office one day; the blood has drained from her face,” says Michael Greenberger, a former top official at the CFTC who worked closely with Born. “She’s hanging up the telephone; she says to me: ‘That was [former Assistant Treasury Secretary] Larry Summers. He says, “You’re going to cause the worst financial crisis since the end of World War II.”… [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.’” Greenspan, Rubin and Summers ultimately prevailed on Congress to stop Born and limit future regulation of derivatives…
This tells me that it has been the Banksters calling the shots from day one.
They knew what they were playing with and is why they put a stop in 1994 from any regulation being forth that would hurt their long term plans.
I have yet to find an uproar about the Community Reinvestment Act from these banksters, and more than likely, were there when CRA was signed, smiling as it were.
A year and a half old story describing such atrocities as a fax of a noose.
Quote:
Originally Posted by Memphis1979
And what about when they bashed that womans head in, stomping her into the ground?
Gee, that story gets worse every time it's told.
"bashed that womans head in?" Really?
The woman rushed the candidate's car and was justly wrestled to the
ground. She provoked the incident and Paul's people overreacted.
Tim Profitt was way out of line for stepping on her head.
Thing is, this is all being engineered away from the prying eyes of the public, but it is not hard to see how Washington works when your lucky to catch a glimpse.
During 1994 when Brooksley Born tried to regulate OTC Derivatives, 13 Banksters piled into Summers Office and basically told them who is boss:
Would love to read that link if you have it.
This tells me that it has been the Banksters calling the shots from day one.
They knew what they were playing with and is why they put a stop in 1994 from any regulation being forth that would hurt their long term plans.
I have yet to find an uproar about the Community Reinvestment Act from these banksters, and more than likely, were there when CRA was signed, smiling as it were.
We had a thread awhile back. But of course, anyone who voiced an opinion against the CRA is quickly labeled a "racist".
In The Warning, veteran FRONTLINE producer Michael Kirk unearths the hidden history of the nation's worst financial crisis since the Great Depression. At the center of it all he finds Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multitrillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008.
"I didn't know Brooksley Born," says former SEC Chairman Arthur Levitt, a member of President Clinton's powerful Working Group on Financial Markets. "I was told that she was irascible, difficult, stubborn, unreasonable." Levitt explains how the other principals of the Working Group -- former Fed Chairman Alan Greenspan and former Treasury Secretary Robert Rubin -- convinced him that Born's attempt to regulate the risky derivatives market could lead to financial turmoil, a conclusion he now believes was "clearly a mistake."
Born's battle behind closed doors was epic, Kirk finds. The members of the President's Working Group vehemently opposed regulation -- especially when proposed by a Washington outsider like Born.
"I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"
Greenspan, Rubin and Summers ultimately prevailed on Congress to stop Born and limit future regulation of derivatives. "Born faced a formidable struggle pushing for regulation at a time when the stock market was booming," Kirk says. "Alan Greenspan was the maestro, and both parties in Washington were united in a belief that the markets would take care of themselves."
Now, with many of the same men who shut down Born in key positions in the Obama administration, The Warning reveals the complicated politics that led to this crisis and what it may say about current attempts to prevent the next one.
"It'll happen again if we don't take the appropriate steps," Born warns. "There will be significant financial downturns and disasters attributed to this regulatory gap over and over until we learn from experience."
Hows that different from TEA party protestors going to rallies with guns strapped across their back?
Shield vs. Gun, you tell me whats worse? Were you outraged when folks exercised their second amendment rights? You sure seem outraged about people exercising their first amendment rights, when they disagree with you.
Big difference. The OWS now has a history of violence, criminal activity.
When "occupiers" prevent the use by others, it's a TRESPASS.
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