Saturday, April 11, 2009

Some Thoughts On Our Banking System

We, as a nation, have allowed our banks, investment firms and corporations to get too large. They feel no patriotism, no connection to the people they serve. They are all about making obscene amounts of money for no other purpose than to make money. It is almost nothing more than a contest. They fire the lowliest of workers at the drop of a hat in tough times because they feel no connection to those who support them. And they do everything they can to avoid supporting the very system that helped create them.

From Down With Tyranny (click on the link to read more).

Well, I wish I could report that the primary author of the worldwide economic meltdown, political hack-turned-Swiss bankster, Phil Gramm, has been arrested and carted off to prison but... rarely is there that much justice in the world. Instead we find out that the company he worked for and helped to rip off the U.S. government to the tune of billions of dollars, UBS, has agreed to pay a fine of $780 million for "facilitating" American criminals-- wealthy corporate ones-- avoid taxes on billions of dollars. And the first of UBS' crooked clients, Steven Rubinstein, has been arrested. Set-ups like UBS-- which was caught smuggling diamonds in toothpaste tubes for rich Americans clients-- hold as much as $10 trillion shielded from the tax man.

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