The
Zombie Banks
are out there among us right now lurking around for their next victim.
Selling a toxic asset to an unsuspecting local government or union
pension fund. Demanding
Double Digit interest on credit line accounts from small businesses owners
who are struggling to stay profitable and keep employees on the
payroll. Hatching fresh schemes daily to deceive and steal money from
anyone and everyone.
Although bankrupt and insolvent, like a real life horror movie they
continue their global rampage and defy death via secret New York FED
transfusions of money. The FED rewards them with money in exchange for
mostly worthless and overpriced junk paper which they themselves
create. In this way Wall Street Bankers and 1% Corporations have been
able to hoard trillions of money in offshore accounts since the 2008-09
crises when death came knocking on their door.
This was not done through TARP. All the TARP talk was a distraction
from what goes on behind the closed doors of the New York FED. They
still intend to use those trillions to make a killing during each wave
of major financial crisis that hits the world. Crisis which have
manifested as a direct result of their actions, political lobbying, and
decisions.
These illicit trillions are mostly fiat electronic money created
through fraud, inflation, counterfeiting, and grift by private banks,
not by the government. The US Government is not running any money
printing presses. With the exception of coins, it must borrow or tax to
get their hands on any money. Nearly all US money is paper and
electronic money. It is all created by private banks or the Federal
Reserve System. There are 12 privately owned Federal Reserve Districts
and a National Board of Governors, but well over half of the US money
supply has been created solely through one Federal Reserve District, the
New York FED.
The Financial Crises of 2008-2009 gave us new acronyms such as
Too-Big-Too-Fail, Too-Big-To-Jail, and Too Small to Save. Most of the
New York FED mega banks have already went belly up at least one or more
times.
These
same banks, and the Federal Reserve System which they control, are
drowning this country and the entire world in order for them to stay
afloat and maintain a global monopoly over money and credit creation.
According to free market principles JP Morgan Chase, Goldman Sachs,
Citibank, and many other of their LIBOR comrades in Europe should have
all been six feet under right now. But they are the modern day walking
dead. Blood-sucking zombie banks run by egotistical deranged
hypocritical lunatics that preach Capitalism but, in practice, actually
adhere to communism and socialism. Modern day Shylocks on steroids,
with insatiable and usurious cravings for pounds of flesh from every
human on the planet.
Today’s ‘Zombie Banks’ are a cartel with minions specializing in
creation and sale of “financial products” or “financial services”.
Products and services that are otherwise known as “bullshit scams” to
‘trick people’ and ‘steal’ their money. A whole line of designer debt
paper products that are marketed and sold as if they were ethically or
morally on par with a physical product made in a factory. Their world
is a virtual casino where games are so rigged that they would be unable
to get a gaming license even in the most corrupt corners of the world.
Failure is not an ‘Option’ sold on Wall Street
The Banking Cartel can only exist by forcing taxpayers and the public
to subsidize their apocalyptic financial losses. For them there is no
fair or ‘free market’ , no competition, no standards of accountability,
and no corporate death by the rules of capitalism which they
hypocritically extoll. One day they create trillions for secret low/no
interest bailouts to unload their toxic paper on the government. The
next day they rail against government and regulation, all while denying
the same kind of low/no interest loans to everyday people, businesses,
homeowners, and smaller banks who are not part of the cartel.
Without a radical political or social change of behavior by the
public, there will be no bottom to the downward financial spiral they
are going to experience. The Zombie Bank contagion will spread until it
has infected every healthy economic entity in the world.
Nouriel Roubini recently said:
Over time, you get zombie banking, zombie corporates, zombie households, which is damaging in the long term
If you don’t already know how to protect against zombies, check out
the popular TV show on A&E called “The Walking Dead”. Zombies, or
‘biters’, will kill and multiply unless they are prevented from eating
the healthy. That means you, your family, your business, your
community, and government. Here is a video about protecting yourself
from zombies. For more ideas about self-defense from zombie attack,
watch the movie “Zombieland”.
As of now, TBTF is still largely a freak of nature nurtured in the
State of New York through the private corporation called the New York
Federal Reserve. This is not to be confused with the Federal Reserve
system of the United States or the other 11 Federal Reserve Districts.
Those 11 Districts are each separate corporations owned by relatively
small local banks. New York is a Zombie Bank State and the New York FED
is the nest and womb where they are born, cuddled, grow, and feed like a
parasite on a captive American host public . The activities in New
York are the principal cause of our nations financial woes, our
government debt, and the outsourcing of our manufacturing and technology
industries. The
Financial District of New York
is a Grand Central Station for biters. This has a lot to do with why
all of the largest international corporations have their headquarters in
lower Manhattan and do all their banking there. ‘Biters’ tend to
congregate and attack in packs.
The activities of international banks and large international
corporations represent the 1% who are wiping out the American middle
class and the small business people of America. On the immediate
horizon is the destruction of most everything in the United States that
patriotic, free-market, conservative, gun-loving, small business owning
Americans are adamant about protecting. Zombie banks have brought this
about and made it uncertain whether economic liberty and constitutional
rights will be passed on to future generations.
This isn’t a liberal or conservative issue. Just because you are
conservative and Occupy Wall Street folks said there is a 1% doesn’t
mean it is irrelevant or untrue. Those who are old enough will recall
that conservatives were the original opposition in American politics to
international banks, globalization, and free trade for many decades. It
was only 20 or so years ago that Ross Perot and Pat Buchanan ran for
President on popular conservative platforms opposing NAFTA,
Globalization, and Free Trade.
The long term interests of most international corporations and banks
are in conflict with the interests of most small and medium sized
businesses in the US. At some point it is going to become impossible
for them to co-exist in the Republican Party. The small and medium
sized businesses will either die off, give up on the Republican party,
or give the boot to the New York FED lovin’ Wall Street Republicans.
The privileged 1% corporations unfairly dodge taxes, regulations,
environmental standards, and fair wage standards that their American
business competitors must comply with. Ironically these same
super-corporations can get just about any kind of favor or bill passed
by the US Government including war for financial gain.
Does anyone wonder why these super-corporations don’t use their
combined influence with Congress to make less regulation and lower
taxes? Could they be using the powerful liberal lobbies who support
higher taxes and increased regulations, but in their case solely to
drive their American Based competition out of business? Billionaire
international investor George Soros should know the answer better than
anyone. He practically owns the progressive movement and the democratic
Party too.
This is not said to grandstand for republicans and conservatives. It
is to wake up the gullible blue state liberals to be more effective by
being wiser. To be who they say they are and stand for that they
believe. There will be much good cause for hope an change when
progressives become more conscious of their biggest political blind-spot
of all.
What if I told you that the Blue States, and their Public and Union
Pensions, are also the biggest enabler’s of Wall Street Bankers,
Too-Big-To-Fail, and the corrupt Federal Reserve System. It is not the
Conservatives or red states as you were led to believe. Want the
proof? I have a red pill for you.
A Red Pill for the Blue State Matrix of delusion
Ironically a closer inspection of circumstances will show that
Too-Big-Too-Fail (TBTF) was born and bred in Big Blue progressive
states. The TBTF term was coined during the S&L crises of the 80′s
to describe a bank in Illinois. 90% of the CalPer’s Pension fund is
invested outside of the state California, much of it through Wall Street
and internationally. Why are big Blue State Union pensions investing
everywhere but in their own state? Maybe someone should have occupied
the union pension fund manager’s office.
Without the big 3 Blue State union pensions and public money to
enable them, the TBTF problem could not exist. TBTF and the worst of
Wall Street is wholly enabled by New York, Illinois, and California. So,
it is also uniquely within the power of progressives in those three
democratic majority states to deal a death blow to the zombie banks f0r
the good of everyone. But sadly the Zombie Bankers know the weakness
of progressives very well and didn’t set up shop in their political
strongholds by accident.
If Progressives and Liberal democrats represent such a fierce
challenge to Wall Street Banks or International Corporations then why
have the majority of them always been in the very blue state of New
York? To be in New York means they are subject to state regulation,
state and county prosecution, even regulations by the city of New York,
all of which is dominated by the liberal New York democratic majority.
New York is one of the most liberal democratic progressive states in the
nation. This fact has been true as far back as FDR and the days of the
New Deal. From that time to the present nearly all of the largest
banks and financial institutions in the US were aware of those
progressive liberal political majorities but still choose to stay and be
headquartered in New York and to a lesser extent Illinois and
California. So who is Wall Street more afraid of ? Liberals or
Conservatives?
Richard Fisher
If it is truly liberals, then why aren’t most Super-Corporations and
Banks headquartered in the Red States like Texas, or in Utah which is
the reddest state in the US? All the objective evidence suggests
bankers who are up to no good prefer New York, because that is were they
haven proven able to get away with it. Do you really think they chose
New York rather than Texas unconsciously?
Another good reason that a corrupt banker would avoid Red States is
that they would have to be members of the local Red State FED
Districts. The state governments and those local FEDs would have
independent legal power for oversight and regulation of all their
activities.
Thomas Hoenig
Zombie Bankers have solidified control over the New York Political
machinery, the judges, the media, etc. They believe they are on safe
ground there to get away with most anything. Time and experience has
shown this to be true. Deceitful financial racketeering is commonplace
activity that goes on unchecked or is covered up when found. But this
is not so in other states or other FED districts.
There is no history of secret trillion dollar bailouts in Red State
FED districts. Red State FED leaders have been the most outspoken
critics of bailouts and TBTF in the country. One is
Richard Fisher, the head of Dallas Federal Reserve. Another is
Thomas Hoenig, former President of the Kansas City FED.
On another level, Red States are exemplary of main street economies
based on energy and agriculture. Their banks are a reflection of this
positive and beneficial economic activity. They are governed mostly by
financial conservatives who pay close attention to what is happening
with their state’s taxes and spending. Living in any part of small Red
State is like living in a small town. In case you don’t know, lying,
cheating, and stealing for a living doesn’t go over as easily in small
town rural America. Most people who live there still believe in an
honest days work to earn an honest days pay. How can a big city banker
fit in there or adjust to that kind of pressure?
Fugetaboutit … They’ll stay in New York.
Red State Solutions for Blue State Progressives
There is much evidence of success in “red state” banking and
financial management. There are also signs in red states of political
will at high levels of leadership to fix the banking problems in the
whole country. It looks like solutions and leadership are going to have
to come from there versus progressives. However many progressives are
still in motion to do something about Wall Street and Big banks. Some
are pushing for state banking measures as a way to reform
Too-Big-Too-Fail and invest locally.
The publicly owned bank solution is inherently risky and most likely
to go belly up under big blue state management typified by Illinois,
California, and New York. Out of this concern, many conservatives
oppose State Banks outright, without realizing how many Red States are
effectively running state investment trusts now with great success. For
Example:
1.
Bank of North Dakota-
Although BND is in a small conservative State (mostly republican) many
progressive and liberal voices are championing the BND model for other
states.
2.
Reconstruction Finance Corporation A National Bank run by conservative Businessman Jesse Jones During the Great Depression.
3.
Permanent Wyoming Mineral Trust Fund (PWMTF)
4.
Texas Economic Stabilization Fund
(Rainy Day Fund) — This is funded like the Wyoming PWMTF. It has grown
to about 8.1 billion and Gov. Rick Perry has recently advocated using
it as an investment trust for state water and transportation
infrastructure projects. Texas Democrats are urging a “spending”
approach while republicans are urging a “lending” approach.
Solutions: Starve the Zombies – Defend Yourself, Your Community, and Your Country
The simplest reform that everyone should be able to agree on is to
withdraw all public money from the zombie banks. No legislation or
Occupy protest is needed. Stop feeding them! Close your own bank
account at a TBTF. Remove the estimated $1 Trillon in union pension
investment and deposits from them. Stop putting hundreds of billions
in state and local deposits in them too.
If they have the will and organization, progressives in the big Blue
States can take care the zombie bank problem on behalf of the whole
country.
Word to the wise, don’t make it too complicated for others to
understand. No occupy, no march, no protest. Just ask people to stop
feeding them. Get your city, county, and state pension funds to divest
from Wall Street and TBTF. Bring the money home and invest it locally.
Win-Win.
