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« LIKE A CROCK - How The Hell Did GM Pay Back Its Loans "In Full And Ahead of Schedule?" Well, It Didn't | Main | Judge Rules Against Bank Of America For Harassment »
Friday
Dec302011

Robert Fisk: Bankers Are The Dictators Of The West 

A blistering must read.

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UK Independent

Writing from the very region that produces more clichés per square foot than any other "story" – the Middle East – I should perhaps pause before I say I have never read so much garbage, so much utter drivel, as I have about the world financial crisis.

But I will not hold my fire. It seems to me that the reporting of the collapse of capitalism has reached a new low which even the Middle East cannot surpass for sheer unadulterated obedience to the very institutions and Harvard "experts" who have helped to bring about the whole criminal disaster.

The protest movements are indeed against Big Business – a perfectly justified cause – and against "governments". What they have really divined, however, albeit a bit late in the day, is that they have for decades bought into a fraudulent democracy: they dutifully vote for political parties – which then hand their democratic mandate and people's power to the banks and the derivative traders and the rating agencies, all three backed up by the slovenly and dishonest coterie of "experts" from America's top universities and "think tanks", who maintain the fiction that this is a crisis of globalisation rather than a massive financial con trick foisted on the voters.

The banks and the rating agencies have become the dictators of the West.  Like the Mubaraks and Ben Alis, the banks believed – and still believe – they are owners of their countries. The elections which give them power have – through the gutlessness and collusion of governments – become as false as the polls to which the Arabs were forced to troop decade after decade to anoint their own national property owners. Goldman Sachs and the Royal Bank of Scotland became the Mubaraks and Ben Alis of the US and the UK, each gobbling up the people's wealth in bogus rewards and bonuses for their vicious bosses on a scale infinitely more rapacious than their greedy Arab dictator-brothers could imagine.

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Reader Comments (3)

Jury Refuses to Convict Anyone for Marijuana Possession!

http://www.youtube.com/watch?feature=player_embedded&v=_JLvzHo3fbk

Short clip. Worth the time.
Dec 30, 2011 at 2:07 PM | Registered CommenterDailyBail
Fed Nominee Jeremy Stein 'Could Shutter The US Financial Services Industry' If He Gets His Way

http://www.businessinsider.com/fed-nominee-jeremy-stein-destroy-us-financial-services-industry-2011-12

This is interesting.
Dec 30, 2011 at 2:13 PM | Registered CommenterDailyBail
Actually , it would behoove you to consider them as next to useless lying, cheating cat turds loyal to the foreign entity central bank, lest all money managers be thrown into the same FEMA camp barracks for crimes against the people and government of the United States. My sins are few and my possessions scant because of scum like these guys. Never have I stood before fools so eager to experience the wrath of righteous, legal due process or the method of justice now in place, marshall law. They stole a lot. Then their punks in congress toss civil government for the authority of self-indulgent swine and hopefully, a military of similar moral degeneration. Not very smart.
Dec 31, 2011 at 11:56 PM | Unregistered CommenterHoward T. Lewis III

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