The Mafia State;

Banks Owning Government

.

Image Victor Juhasz/Rolling Stone

“There’s vast criminality


in Wall Street now.


It’s bribery, theft, fraud,


bid rigging, price fixing,


gambling, loan sharking.


All of these things,


it’s all organized.”


MATT TAIBBI

________

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STEP ONE

Banksters/ Vampire Squids

Buy the Government

.

.

OpenSecrets.com

Lists US politicians campaign contributors

Let’s focus just on the heads of the Banking Committee

in the Senate and House

Spenser Bachus R

Tim Johnson D

.

Their largest campaign contributors

are all

Bankstas

.

We all remember 2008

[Investors411 2/27, 28, & 29]

Profits Bonuses & Bailouts

all went to the Bankstas



.

But Bankstas became far more than

America’s Biggest

Welfare Queens

..

“Finance & the Mafia State”

The Above is a Link to a Yves Smith Editorial

from her highly rated blog Naked Capitalism

.

.

The Mafia buys the Cops,

Bankstas buy the

Government

.

Focus – JPM the biggest,

too big to fail,

casino gambler of derivatives

__________

.

  • All 411 readers have read George’s story of  a bank’s illegal break in, theft and destruction of property at his home.

.

JPM CEO

Jamie Dimon

AKA

“Diamond Jim”

.

.

Jamie Dimon

has sat on Board of Directors of

NY FED since 2007-

.

  • Since 2007 – The Fed has provided JPM with $391 billion in assistance
  • FED also provided JPM with $29 billion to buy another troubled investment bank, Bear Sterns

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It Gets worse

.

.

“The Scams Wall Street Learned

from the Mafia”

link to Rolling Stone article


Imagine a Welfare Queen who abuses/steals from the food stamp program – She goes to jail and/or looses her right to food stamps.

.

But the Bankstas, like JPM,

for decades have

never gone to jail.

.

  • Foreclosed on soldiers while they were fighting in Iraq – No Problem
  • $228 million fine for bond bid riggings – No problem
  • $153 million fine for fraud in CDO trades – No Problem
  • $700 millions in Jefferson County municipial bid rigging/toxic swaps – No Problem
  • 33 million pound “record fine” – failing to keep client’s money separate from their own - No Problem
  • 450 thousand pound fine - JPM global equity chair fined for passing on inside information – No Problem

.

If this is just what JPM

is getting their wrist’s slap for.

Imagine what

they are getting away with

.

For more see Bill Moyers

Interview

with Yves Smith & Matt Taibbi

discussing the too big to fail bank,

JPMorgan

.

The Best interview of the year!

.

Finis




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