It never ceases to amaze just how corrupt the system actually is. I think of the Dimon response to Warren, go ahead fine me, and realize that the laws are created incorrectly. there doesn't need to be any monetary penalty, just take senior management and imprison them. and these days, insure that all their meals are bugs and bugs only. plenty of protein there for them.
This is a MUST-WATCH video - plus the videos referenced - for those who do not understand how QE transforms into printed money. Titus dispels the big myth propagated by Bubblevision idiots that QE is an asset swap and nothing more. The video also shows why QE benefited the top 1% the most by far. Also, one of the videos referenced shows why bank deposits are now contracting and why that will lead to the next financial crisis: https://www.youtube.com/watch?v=n1xgQeCiu6k
Repo 105, all of the Fudgery. BHO should have tasked Rudy G, when he was sane to prosecute all of them for crashing the economy. Instead, they were ALL in on it. Kareem Serageldin was the ONLY banker to serve jail time for that $#!t sandwich which everybody earning <$250k has been eating from which is coming around again (or never left).
Genius. I saw that pic on Ben Hunt's blog. BLM solidarity in the office in the whitest neighborhood they operate in. I can read their minds: "Please don't bomb our bank." — Creighton Meland (@crmeland) June 6, 2020
It never ceases to amaze just how corrupt the system actually is. I think of the Dimon response to Warren, go ahead fine me, and realize that the laws are created incorrectly. there doesn't need to be any monetary penalty, just take senior management and imprison them. and these days, insure that all their meals are bugs and bugs only. plenty of protein there for them.
Awesome article as always, sir. Nothing has changed. Just look at the timing of the $48T repo loan bailouts....
https://twitter.com/OccupytheFeds/status/1501403272829153280?s=20&t=9DY-bPhagJ_X4_UdYhM-cA
Makes you want to build a cabin in the woods and get a mean dog.
Great job Rudy.
Rudy,
As always, another excellent expose of the ruling class.
Depressing
Banksters.
This is a MUST-WATCH video - plus the videos referenced - for those who do not understand how QE transforms into printed money. Titus dispels the big myth propagated by Bubblevision idiots that QE is an asset swap and nothing more. The video also shows why QE benefited the top 1% the most by far. Also, one of the videos referenced shows why bank deposits are now contracting and why that will lead to the next financial crisis: https://www.youtube.com/watch?v=n1xgQeCiu6k
At this rate, there will be no more taxpayers. Its story is of the Iliad and the Odyssey. Whoa to those who wait. Last one out, turn out the lights.
Great work
Just posting here to say - this is an AMAZING piece and deserves to be shared widely. Thanks.
The law is a net designed to catch small fish while letting the big fish swim freely through...
Best work you've produced since I've been reading your content.
Repo 105, all of the Fudgery. BHO should have tasked Rudy G, when he was sane to prosecute all of them for crashing the economy. Instead, they were ALL in on it. Kareem Serageldin was the ONLY banker to serve jail time for that $#!t sandwich which everybody earning <$250k has been eating from which is coming around again (or never left).
Genius. I saw that pic on Ben Hunt's blog. BLM solidarity in the office in the whitest neighborhood they operate in. I can read their minds: "Please don't bomb our bank." — Creighton Meland (@crmeland) June 6, 2020
Never Forget!