Main » 2012 » August » 6 » JPM Chase Manipulates The Price Of Silver And This Is What Happens
10:54 AM
JPM Chase Manipulates The Price Of Silver And This Is What Happens
Who Can Take This System Seriously?
Over the past 15 years we have seen the most massive deregulation of financial oligarchs in civilized history. During the same period, any non-oligarch entrant into the finance world has discovered that life in a super-max prison would be less restrictive. Financial oligarchs do what they want when they want. When trades go their way they win. When trades go against them they have them reversed.
So naturally when the oligarchs install their handpicked watchdogs to squelch any entrepreneurial spirit we may mistakenly exhibit, we are skeptical. Let's not forget the track record of these trusted public service. While they vigorously attack anyone attempting to challenge the established financial class they have somehow missed these events which caused immense real pain to the populace they claim to protect:
Bernard Madoff $50bil scheme owned few actual assets as he served as NASDAQ chair Alan Stanford $7bil investment scheme MF Global over $1.6bil of segregated client cash stolen no charges filed PFG Best $220mil of segregated client cash stolen while firm owner chaired regulator board 453 US bank failures since 2008 and the list grows