Are Banksters Redeemable?

Interview With Former JPMorgan Director John Fullerton

Laura Flanders, The Nation: ''John Fullerton is a former managing director at JPMorgan. Finance drives economics, he says, and economics largely determines the fate of the planet, yet the resources of the planet are finite. 'The notion that exponential growth can go on indefinitely in a finite planet is in violation with arithmetic and basic physics.' As long as growth is the sine qua non of market economic ideology: 'We are lost.'''

http://truth-out.org/opinion/item/10271-finance-is-lost-are-banksters-redeemable-interview-with-former-jpmorgan-director-john-fullerton



After $9 Billion in Losses, JPMorgan Still Wins With Co-Opted Congress, Hobbled Volcker Rule

Jeffrey McCord, Truthout: ''The Securities and Exchange Commission s (SEC) current budget of $1.32 billion is dwarfed by the $4 billion to $9 billion JPMorgan Chase may ultimately lose through disastrous gambling on derivatives and related instruments for its own accounts. Ironically, the Dodd-Frank reform law s 'Volcker Rule' restricting such noncustomer-related trading, opposed by JPMorgan s CEO and most Republicans, might have eliminated or limited the billions lost by this federally insured bank had it been in place (and enforced.)''

http://truth-out.org/news/item/10226-after-9-billion-in-losses-jpmorgan-still-wins-with-co-opted-congress-hobbled-volcker-rule



Banksters Take Us to the Brink

Bill Moyers and Michael Winship, Moyers & Company: "Every day brings more reminders of the terrible unfairness that besets our country, the tragic reversal of fortune experienced by millions who once had good lives and steady jobs, now gone.... And you wonder why the banksters still roam free, like gunslingers in a Wild West town without a sheriff.''

http://truth-out.org/opinion/item/10313-banksters-take-us-to-the-brink



Anger and Political Culture: A Time for Outrage!

Michael A Peters, Truthout: ''At a time when anti-austerity measures across the world punish taxpayers after national banking systems have been bailed out with hundreds of billions of taxpayers dollars, when both educated and working-class youth suffer historically high levels of unemployment, when the people of Tahrir Square continue to demonstrate peacefully for basic democratic values against corrupt officials and their military.... it is remarkable that a 94-year-old veteran resistance fighter should become an icon of resistance and an advocate of peaceful protest.''

http://truth-out.org/opinion/item/10281-anger-and-political-culture-a-time-for-outrage

--------

This Global Financial Fraud and its Gatekeepers

By Naomi Wolf

The media s 'bad apple' thesis no longer works. We are seeing systemic corruption in banking and systemic collusion.

http://www.informationclearinghouse.info/article31875.htm



JPMorgan Scandal: The Tip Of The Iceberg

By Andre Damon and Barry Grey

JPMorgan deliberately falsified its first quarter report to the SEC in order to conceal its massive gambling losses. This is a crime.

http://www.informationclearinghouse.info/article31901.htm



Bankster Fraud Has Driven 100 Million Into Poverty, Killing Many

By WashingtonsBlog

The Obama administration has made it official policy not to prosecute fraud.
http://www.informationclearinghouse.info/article32146.htm



Winner Takes All: Why Derivatives Threaten Your Bank Account

By Ellen Brown

All Depositors, Secured and Unsecured, May Be at Risk.
http://www.informationclearinghouse.info/article34567.htm

--------

So Many Criminals, So Many Crimes
http://www.lewrockwell.com/lewrockwell-show/2012/08/10/300-so-many-criminals-so-many-crimes/

Should the Banksters Be Regulated?
http://lewrockwell.com/woods/woods196.html

--------

Past time to move from rhetoric to reality on lawless bankers

Our Future
by Isaiah J. Poole

09/04/12

The mortgage fraud task force led by New York Attorney General Eric Schneiderman is charged with building a legal case against the people responsible for crashing the economy and destroying the finances of millions of people. But a new report released today by the Institute for America s Future raises critical questions about whether that task force is being allowed by the Obama administration to do its job, and whether as a result Wall Street bankers guilty of criminal acts will go scot-free...

http://tinyurl.com/c6ed5gn


Informant: Thomas L. Knapp



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
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