AR - Dallas Reserve Bank
Nothing is 'Too Big To Fail' - Reserve Banker calls for Reform
by stan Sunday, Apr 1 2012, 12:38am
international /
imperialism /
opinion/analysis
The recently released annual report (below) of the Dallas Reserve Bank calls for the dismantling of the ‘Too Big To Fail’ Banks and other TBTF (financial) institutions! If I hadn’t read the report myself I wouldn’t have believed it. However, I was not born yesterday and neither was the now very cynical population which ranks banks together with criminal organisations and likens Banksters to organised crime bosses.
A cursory glance at the report would suggest that at least one Jewish banker has woken to the fact that the fraudulent methods and hyper-short-term thinking/pursuits of large banks are counter productive and actually threaten social stability and the future viability of the nation. Any high school kid doing economics could have arrived at the same conclusion BUT why has it taken the WORLD’S largest banks and their directors so long to see the obvious?
The short answer is SELF-PRESERVATION; any change to the structural flow of ‘business’ in any criminal organisation could jeopardise the entire system -- in this case the privately owned Global Reserve Banking Cartel (complete with puppet governors!)
Consider the absurd situation of Banks confronting the most powerful nation/government on the planet and holding it to ransom, as was the case during the Bush administration and continues today (QE-3) with the puppet Obama administration. No private corporation should ever be allowed to hold a national government to ransom, yet these banking cartels did exactly that and (OPENLY) demanded that they be bailed out with taxpayer funds after their criminal greed and incompetence destroyed the local and global economies! Never doubt for one second who it is that actually controls the USA, cos that ‘little caper’ made INTERNATIONAL HEADLINES!
Now imagine an independent, REPRESENTATIVE sovereign government confronted in this way by private banker interests; it would NOT have flinched, steps would have immediately been taken to nationalise the banking sector under emergency provisions and state regulators would have been set to work indicting criminal banksters guilty of the most outrageous and flagrant frauds seen in the sector’s history – never again doubt that the current crop of thoroughly corrupt politicians are PUPPETS to the cartels! [It’s all so very obvious, isn’t it, you doodle dreamboats! There is nothing on this planet dumber and more frightened than an American.]
In conclusion, but please feel free to pre-empt me; of course the TBTF banks should be reformed by REPRESENTATIVE government and the perpetrators of the known FRAUDS, which resulted in global economic collapse, should be placed on trial then hanged for treasonous activity i.e., compromising the SECURITY and stability of the NATION.
And YES, all EFFECTIVE SOLUTIONS are SIMPLE!
See PDF report for addition information:
http://www.commondreams.org/view/2012/03/30-11