A Deeper Crisis is Coming, We Must Control the Banks

John Weeks: Obama gave the banks time to rally opposition to severe regulations; another banking collapse is on the way

Category:

News & Politics

Tags:

• government
• banks
• Wall
• St.
• Bank
• Wall Street
• Politics
• Educational
• Crisis
• Economic
• public banks
• Economy
• Collapse

[sk8tafrnk]

@cymonebreathe I'm really sorry dude. There isn't any reason that when someone says "in the public's" interest that black people or other minorities should have to wonder if they are included or not.

Our country is an embarrassment.

[draoi99]

Obama is owned by Goldman Sachs. There is only one party in the US, the Corporate Party - it has two wings, Democrat and Republican who play good cop/bad cop with the people.

[luvmyctd]

@firstlaunch Right. The Rothschilds and their crooked pals (you named a bunch) own and control ALL National Banks in all countries now. Didn't take them long to get set up in Afghan, Libya, etc eh? Good thing all these wars are about freedom and democracy. What a joke.

[firstlaunch]

@luvmyctd When Rockefeller's National City Bank merged with J.P. Morgan's First National Bank in 1955, the Rockefeller group owned 22 percent of the shares of the Federal Reserve Bank of New York, which in turn holds the majority of shares in the Federal Reserve System - 53 percent. But who really owns what? And how many times has things changed hands? We don't know, they won't tell us!

[firstlaunch]

@luvmyctd President Kennedy tried to absolve the Federal Reserve with a stroke of a pen and three weeks later he was dead! More that half the shareholdings in the Federal Reserve Bank arc controlled by large New York City banks, including National City Bank, National Bank of Commerce, First National Bank, Chase National Bank, and Marine National Bank.

[firstlaunch]

@luvmyctd How do we know who controls them now. The original charter was for the five largest banks to control it and direct it, and those banks were stated but those banks were taken out by Goldman Sachs in 2008 with the gov't playing a big part of choosing who won and lost. So is Goldman now the only bank running the fed? They have refused to release that information since the FED was created in Wilson's day. So who owns them now is anyone's guess!

[luvmyctd]

@firstlaunch The Federal Reserve is a private corporation owned and controlled by a cabal of foreign banksters ... is that what you meant?

[firstlaunch]

@bhikshuni Agreed.. Thomas Jefferson didn't trust the Government or the Banks, he said both would subvert our liberty. The more I learn about our founders, the more I realize these men were true intellectual giants! John Weeks is mere child compared to the founders.

[bhikshuni]

@bhikshuni Of course, it doesn't take much to see:

Gov+banks+public(1%+99%)=Gov(1­%)+banks(1%)+public(99%+.n*1%)

thus 99% has little power and therefore ALL of it needs to be applied whereas most are still doping up on their hopium pipes

[bhikshuni]

@firstlaunch Yes and if you go back and watch these PERI interviews and especially the Bill Black interview you will see these economists DO hold gov accountable and want MORE.

I think the more interesting suggestion from your post is how we the public are complicit and enabling of the dysfunction. Until all 3 parties Gov+Banks+Public(1%+99%) are part of the equation, we won't get a functional resolution or activist strategy (other than same old media massaging)

[mpopeube]

Google CIA RCMP propaganda

[firstlaunch]

This is really a discussion on Socialism, with all the talk of "public interest", taking over of private companies by the government as the solution to this problem. I don't trust banks, but I certainly don't trust the government either. Voiding any blame of the government as contributing to this problem is blindness if not propaganda!! What about the FED!!