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Friday, November 19, 2010

Banking Malfeasance / Financial Crimes On A Mind Boggling Scale


Lisbon
 
The TSA thing is pretty serious. It's also
a colossal distraction - and may well have
been designed to be so. 
 
Here's why...
 
You can choose to fly or not. 
 
I choose to NOT fly until sanity is restored
to US airports.
 
If it doesn't happen in my lifetime, so be it. 
 
But it's kind of hard to live in an economy
that's been looted back to the stone age.
 
And that is what our friends on Wall Street
and the federal government have done - and
continue to do - to us on a scale that's
almost incomprehensible. 
 
The level of wealth destruction is not immediately
obvious - yet. 
 
Here's what the news media is not telling you
about the state of our banking system. 
 
(When we're finished with the TSA, we must deal with
this, or it will enslave us worse than scanners and gropers.)
 
Video:
 
http://www.realecontv.com/page/728.html
 
- Brasscheck






To make this as simple as possible:

1. The big banks (Bank of America, ChaseJPMorgan, Citibank, Wells Fargo etc.) and their loan servicers are openly engaging in criminal behavior on a scale so large it's almost impossible to calculate it

2. What we do know beyond a shadow of a doubt is that these banks are in fact insolvent. In other words, they have real, undeniable losses on their books that exceed their capital

Except for one thing... the government lets them lie, deny and delay and is now pumping another $600 BILLION of your money into a wild gamble they hope will be enough to jump start the economy, turn housing prices around and up, and make the hundreds of billions of real estate loans now worth ZERO worth something.

If you have money in these banks or are doing business with them, you are literally supporting organized crime.

Just thought you might like to know.

Incredible. isn't it? And the news media snoozes.