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.
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:
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.
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?
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.
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.
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.
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 termIf 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
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
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.
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