Monday, March 17, 2014

WHO WILL FINANCE OBAMA'S MASSIVE DEFICITS and BAILOUTS FOR CRONY BANKSTERS? Concerns mount over Chinese growth and financial stability

Concerns mount over Chinese growth and financial stability

Concerns mount over Chinese growth and financial stability

By Nick Beams
17 March 2014
Is the Chinese financial system about to experience a “Lehman moment”—the equivalent of the US investment bank failure that set off the global financial crisis in 2008?
That is the question increasingly being raised in financial circles as concerns grow over the stability of China’s financial system after warnings that it could experience a series of corporate defaults.


Government of, by, and for the banks

25 May 2013

Five years since the 2008 financial meltdown, the speculation and fraud that caused the crash are back in full force in the United States. Flush with the $85 billion in cash printed up and handed to the banks every month by the Federal Reserve, business at the Wall Street casino is booming. Stock values are at record levels and so are bank profits, amidst declining wages and mass poverty.


Big Banks Get Break in Rules to Limit Risks

OBAMA-STYLE CRONY CAPITALISM… business as usual for Obama’s banksters!

OBAMA AND HIS CRIMINAL BANKSTERS… THE LOOTING GOES ON, AND AS PER OBAMA’S PROMISE…NONE HAVE GONE TO PRISON!

more at this link – post on your Facebook and email broadcast


“The changes to the rule, which will be announced on Thursday, could effectively empower a few big banks to continue controlling the derivatives market, a main culprit in the financial crisis.”

WALL STREET LOOTERS!

GOOD TIME TO HAND AMNESTY TO 40 MILLION LOOTING MEXICANS AND LET THE DEMS EXPAND THE LA RAZA WELFARE STATE IN OUR BORDERS???

Wall Street profits and the widening social divide in America


more at this link – post on your Facebook and email broadcast

http://mexicanoccupation.blogspot.com/2013/07/crony-capitalism-how-obama-looted.html


17 July 2013


The profits of the biggest US banks continued to swell in the second quarter of this year, even as the impact of five years of mass unemployment, stagnant economic growth and brutal cuts in social spending produced a further rise in poverty, homelessness and hunger.




 
THE FINANCIAL ARMAGEDDON THAT AWAITS THE AMERICAN MIDDLE CLASS IN 2014:
CRONY CAPITALISM: Obama vows Wall Street’s looting will reach even greater dimensions during 2014.
………….. and his bankster donors’ profits are soaring!!!  
*
NO ONE HAS WORKED HARDER FOR CRONY CRIMINAL BANKSTER THAN BARACK OBAMA… JAMIE DIMON IS ONE OF OBAMA’S BIGGEST CONTRIBUTORS!

Why aren’t the Wall Street criminals prosecuted?

By Barry Grey
7 January 2014
In May 2012, only days after JPMorgan Chase’s Jamie Dimon revealed that his bank had lost billions of dollars in speculative bets, President Barack Obama publicly defended the multi-millionaire CEO, calling him “one of the smartest bankers we’ve got.” What Obama did not mention is that Dimon is a criminal.
JPMorgan is not the exception; it is the rule. Virtually every major bank that operates on Wall Street has settled charges of fraud and criminality on a staggering scale. In 2011, the Senate Permanent Subcommittee on Investigations released a 630-page report on the financial crash of 2008 documenting what the committee chairman called “a financial snake pit rife with greed, conflicts of interest and wrongdoing.”
These multiple crimes by serial lawbreakers have had very real and very destructive consequences. The entire world has been plunged into an economic slump that has already lasted more than five years and shows no signs of abating. Tens of millions of families have lost their homes as a result of predatory mortgages pushed by JPMorgan and other Wall Street banks.



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