Essay on The Era of The American-International Banker Ponziophile-June 2, 2011
"Nothing at (the) last is sacred but the integrity of one's own mind."-Self Reliance Essay, Ralph Waldo Emerson
The Wall Street Gang and The Big Banks Gang (American and International, IMF, World Bank et. al-exceptions are LOCAL community banks) have lied to us and stolen from us. It is as simple as that. The Regulator elements, such as The Fed (private) and the Federal regulators (public) and many elected officials have been The Facilitators in this Co-Dependency of Corruption……The Mainstream Media and The Neoconservative Media Lies to us about employment and other economic indicators, telling us how everything is improving……Not so.
Some years ago (not too many) individuals and then gradually (maybe not so gradually), as the “collective ethic” changed, Wall Street and The Big Bankers realized that there was MUCH MORE MONEY and money which could be made MUCH FASTER AND EASIER if they just by-passed employment and production of REAL GOODS AND SERVICES and just made money out of money (Because of powerful, unreasonable unions and government regulations, as well as some other factors, much of America‘s former economic might of goods and services has been exported offshore)………Hence, the various “Instruments” were created: “Ponzi A” rated, “Ponzi B” rated and so on, going far down the line to “Ponzi Z,” rated bonds, thus creating 26 times the original wealth, let’s say (since there are 26 letters in the English Alphabet-36 letters in the Russian alphabet, take note). By the way, for an entertaining and enlightening "fictional" treatment of another significant aspect of International Banking; The Money Laundromat Aspect-Read one of John Le Carre's recent novels, Our Kind of Traitor.)
Nothing will change SIGNIFICANTLY until these guilty people are investigated, prosecuted, convicted and put in jail. And they should not be put in Country Club Jails, like Bernard Madoff, but they should be put in REAL jails like the one where DSK resided, Riker’s Island. These people are “Ponziophiles” who have reeked havoc on The Entire World and have caused suffering and even death, to millions of individuals…………Once they are jailed, TAKE BACK THE MONEY THEY STOLE!
I am a capitalist. Capitalism is good but some men are not motivated by good, employing their capital and their ideas in helping others by creating employment and other positive contributions to society. Hank Rearden, Dagny Taggart, Andrew Carnegie, Bill Gates and small business owners such as self-employed plumbers, contractors, yard care men, who risk their ideas, capital, labor and vision, these people are REAL and GENUINE Capitalists. These Big Banks loan "monopoly money from the Fed" to 10, 100, or "10,000" businesses or individuals. If the borrowers succeed, they pay part of their success to The Big Banks. If the borrowers fail, The Big Banks take their businesses, their properties and sell them for a profit. All The Big Banks risk is some "almost free money" from the Fed. They risk nothing and everything is in their favor, like the owner of A Big Casino. In the rare event that hords of borrowers are going to default, and The Casino is going to lose billions, no problem. In advance of that event, send someone from The Big Bank Cartel to Washington for a Big Bank Bailout at taxpayer expense, such as former Goldman Sachs CEO, Henry Paulson, jr., to plead "Crisis, woe is us,.........the sky is falling........ unless..........." These people I write of here are Ponziophiles and have been consumed with Pleonexia, unbridled greed and covetousness, making/taking money out of other peoples’ money. This is not capitalism. This is “Ponziophilia,” and it is immoral, indecent and shameful.
"People are agitating for the overthrow of the old order and a new deal for America. For there is a palpable sense that the game is rigged against Middle America and for the benefit of insiders who grow rich and fat not by making things or building things, but by manipulating money." (Patrick J. Buchanan- from his essay of June 19, 2015, entitled The Anti-Politician-the underlining is mine)
These people "masquerade" as capitalists but in reality they only manipulate currency/capital, engage in usury and finally, a good deal of outright theft, for which, in these cases of recent years, they have been "bailed out," rewarded for their theft. When Loyd Blankfein, of Goldman Sachs, said he was "doing God's work," it brought to my mind the time when the Sanhedrin was also "doing God's work" in turning The Christ over to the Romans for "trial" and execution.............Our economy and the decent people, individuals and families, who have been devastated by people like Loyd Blankfein, "doing God's work," also came to mind..................
There are some Good Men and Women, including Bloomberg, who are trying to make these abusive Big Bankers accountable, but until THEY ACTUALLY DO make them accountable, there will be little confidence in the “confidence men” of Wall Street, OR The Banks, OR The Fed, OR The Treasury OR “The Fantasy Island of Economic Indicators/Statistics.” After reading Neil Barofsky's book, Bailout ( pub. 2012), I sadly doubt if anything significant will happen to these Horrific Mega Thieves..............Unfortuneately.............They will keep the billions they stole from decent citizens.............Citizens who will now be taxed to pay for the Government's "Bailout Theft," which was "reimbursement" for the Bankers' and Their Accomplices' "Original Stolen Money!!!" Added March 31, 2015: This is the beginning of the truth........... https://www.youtube.com/watch?v=RmPUKy-3OfY
PUT GOLD AND HONESTY BACK INTO WALL STREET, THE BIG BANKS, OUR ELECTED OFFICIALS, AND OUR CURRENCY. (When the CEO's of these Big Banking/Wall Street Institutions,especially Goldman Sachs, are getting yearly bonuses 100 times what I am asking for a Rare piece of God's Created Earth, when they receive these obscene amounts of money as Rewards for Lying to the Citizenry and Stealing from American children's futures, that happens to be behavior which is at least 4 short of The 10 Commandments Moses brought down from another piece of God's Created Earth-lying, stealing, coveting, idol worship.) You must see the following explanation of it all, The Theft of Billions of Citizen's money:
http://dailybail.com/home/the-fed-under-fire-the-federal-reserve-is-the-black-hole-in.html…Greg Smith's OP-ED letter in the New York Times on March 14, 2012 brought to my mind two things: One, what I have "intuited" from a lot of reading on the subject and what I have written in my essay here is confirmed, in good part, by Mr. Smith's first hand account. Two, he writes that he doesn't know of any "illegal behavior" but he means under Man Made Laws. Under God Made Laws, as I have written above, there was, and most probably is, "illegal behavior." Mr. Smith has used the "Insider Trading" of his insights, observations and testimony for a Conscience much more at Peace. For that nobility he is to be commended, revealing that he is a man of true integrity and courage. Ralph Waldo Emerson wrote the following towards the end of his Essay on Self-Reliance: "Whoso would be a man must be a nonconformist. ...Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles." These words have for the most and better part of my life guided my thoughts and actions.
...............................................Leo M. McCormick……………………………….......................
“I tremble for my Country when I reflect that God is just.”------Thomas Jefferson.
”End the Fed”……….Back the Dollar with Gold………..(Silverton Gold L.L.C.---contributor).......................
"When Theft and Deception become the Rule rather than the Exception in a Country or Community, it is the beginning of the end of The Rule of Law because The Rule of Law then starts to become the Exception. A U.S. Central Bank (The Federal Reserve) and the practice of fractional reserve banking have been "seemingly successful" for several decades. But the last 10 years, especially, have shown that human greed, fraud, cronyism, electronic banking and and an increasingly corrupt National Government and Political System have proved that it is unworkable for the overall good of the Country.".....Leo McCormick, New Mexico, October, 28, 2012