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Tuesday, July 23, 2013

If We Don’t Break Up The Big Banks, They Will Manipulate More And More Of The Economy

Interest Rates Are Manipulated

Interest rates are rigged:
The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged
This was the largest insider trading scandal ever … and the largest financial scam in world history
Local governments got ripped off bigtime by the Libor manipulation
Libor is still being manipulated

Derivatives Are Manipulated

The big banks have long manipulated derivatives… a $1,200 Trillion Dollar market.

Indeed, many trillions of dollars of derivatives are being manipulated in the exact same same way that interest rates are fixed: through gamed self-reporting.

Currency Markets Are Rigged

Currency markets are massively rigged.

Commodities Are Manipulated

The big banks and government agencies have been conspiring to manipulate commodities prices for decades.

The big banks are taking over important aspects of the physical economy, including uranium mining, petroleum products, aluminum, ownership and operation of airports, toll roads, ports, and electricity.

And they are using these physical assets to massively manipulate commodities prices … scalping consumers of many billions of dollars each year.

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