“Fight Against Stupidity And
Bureaucracy”
“Treason doth never prosper: what's the reason?
Why if it prosper, none dare call it treason.”
Ovid / Sir John Harrington
When I
first though about this subject for a post on my blog, I had America mainly in
my mind, I suppose because that is where the rot started to show. But when I
though about it a little more I quickly realized that the same charge could
equally be brought against banksters in the United Kingdom, Ireland, Spain,
France and in fact the entire European Union.
They took
money that was not theirs, that was placed in trust with them for safe and
responsible stewardship, and they gambled it and lost it.
Then they
used their influence on stupid and greedy politicians to steal the honest
taxpayer’s money to fill up their coffers again. They were apparently too big
to fail – what an utter load of nonsense!
They
promised when they were stealing OUR
money that they would use it to make loans to businesses and thereby stimulate
and reactivate the economy that they themselves had brought to a standstill
when they lost OUR original cash in
stupid and foolhardy deals that no one with any brains or any sense of
responsibility to their clients would have dared to go near.
They lied.
They took OUR money for the second time and kept
it for themselves. A lot of it went on bonuses, sometimes in the tens of
millions of dollars. A reward to themselves for staggering incompetence.
In any
other industry, if you were so bad at your job as to bankrupt your company, you
would not only be fired but stand a good chance of being charged with fraud or
negligence or something. But if you are a banker and have successfully sold the
lie that you are “too big to fail”, then
you get away with it. It doesn’t hurt if you have a few politicians in your
pocket either!
And, apart
from paying yourself huge bonuses for losing OUR money the first time, what do you do with the proceeds of
stealing OUR money the second time?
Well, of course, first you give yourself another big pay rise, and then you
gamble again and lose even more of OUR
money.
Remember
the J P Morgan $2billion loss – er, make that a $9billion loss would you. Just
as Hillary Clinton “mis-spoke” when
she lied to the public, J P Morgan “mis-counted”
the first time they declared the extent of their incompetence! We probably have
not heard the truth yet.
And
President Obama has the gall to tell the world that these morons and liars are “the best we have”! Seriously? Do you
really expect the people to believe that? I don’t think so. I certainly hope
not.
But the J P
Morgan $2billion loss turning out to be a $9billion loss is just the tip of a
colossal iceberg. This one is a hell of
a lot bigger than the one that sank the Titanic
- it’s threatening to sink entire
countries.
The public
and even the various governments have not been made aware of the full extent of
the catastrophic losses these idiots (remember the best we have) have made. All
the big banks, whether in the US, or Britain, or Spain or France or wherever
are furiously cooking their books and have been for the last five years. Their
companies are insolvent, they are bankrupt, but they are hiding the truth from
everyone.
This is
fraud.
In fact, because
of the power that they have, and the impact their stupidity inevitably has on
the entire national economy, what they have done and are continuing to do is
commit treason.
In a
country run by Joe Stalin or Saddam Hussein (perhaps proving that not everyone
is all bad all of the time) these treacherous bankers would have been put up
against a wall and shot. That may be a bit extreme for us, but at the very
least they should lose their jobs, have their stashes of personal wealth
confiscated, and be thrown into jail. If it was good enough for a thief like
ponzi king, Madoff, it should be good enough for thieves like them.
End rant, cue
a few videos on the subject.
Enjoy!
A view from
Britain
A view from Ireland
The best government money can buy
Understanding
The Financial Crisis--For Kids and Grownups
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