Sadly most of the public was buying that “hook, line, and sinker”!
The public swallowed the official excuse hook, line, and sinker.
The most shocking, if already completely buried, news of the day was that – in yet another confirmation that Goldman Sachs is in charge of the New York Fed – a NY Fed staffer was colluding and leaking confidential, material information to a 29-year-old Goldman vice president, himself a former Federal Reserve employee.
William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, New York City spoke about “Reforming Culture and Behavior in the Financial Services Industry” as a imperative.
So the CFTC claims it will be vigilant. Like, for example, allowing JP Morgan to continue to issue fraudulent reports for well over a year despite repeated warnings, and then ultimately settle for a dollar amount that is probably equivalent to the Dimon family’s annual budget for toilet paper? Yeah, that’ll show ‘em who’s boss.
Clear Your Mind
We are witnessing many examples of spontaneous self-organizing phenomena, will this phenomena increase and become the new norm?
Criminals wear suits & ties.
Food Price Inflation in the U.S. SOARS.
UK Prime Minister David Cameron Targets Bank Accounts
☼Italian bad loans surge to all time highs.
☼Europeans who hold full time work are poor and cannot make ends meet.
☼The retail industry in the U.S. is in full decline. The weather is not a factor in retail sales.
☼Common core is collected massive amount of data from students and being sold to corporations.
☼Russia and China signed the gas deal, they also signed another deal that will bypass the US dollar for all transactions. Russia and China are moving closer together militarily and financially.
☼Jordan/US and many other nations are holding exercises along the border of Syria until June 8.
☼The Syrian elections are June 3, be prepared for an event.
When a country intentionally tries to devalue its own currency, the very money in one’s bank account loses purchasing power.
Couple this to the fact that new policies are in place to enforce banks’ ability to confiscate depositor’s assets and you, as a bank depositor, would be foolish to not withdraw your savings…