Sunday, May 24, 2015

US Is A Banana Republic Run By Wall Street Criminals

Wall Street criminals just won't stop misbehaving.

The latest crime was exposed Wednesday. Five of the biggest names in global finance agreed to pay billions to settle lawsuits alleging they illegally gamed the $5 trillion-a-day foreign exchange market.

The $5.7 billion the five banks paid out on Wednesday represent the earnings of about a day or two for each bank.

"Too-big-to-fail banking is just a super highway toll road paved with manipulation, fraud, and criminality that leads to egregious profit," Gilani said. "But then again, why would Washington ever pull any big bank's license to do business? They wouldn't, because then they couldn't sit by, watch the banks commit crimes, and tap them on their shoulders and smile at them."

http://moneymorning.com/2015/05/22/america-has-become-a-banana-republic-run-by-wall-street-criminals/

What are our lawmakers doing in response to the situation? Falling all over themselves to pass TPP and TTIP, which are Wall Street's wet dreams.

America, you missed your chance to change things for the better when you failed to support Dr. Ron Paul's call to audit the Federal Reserve System. Things done in secret (e.g., the Federal Reserve, TPP, TTIP, etc.) are the antithesis of a democratic society.

But you don't really care, do you?

Just keep in mind this Memorial Day that all those men and women in our national cemeteries died for nothing.

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