Greece — The One Biggest Lie You Are Being Told By The Media. First published in July 2015 By Truth and Satire Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given.
It sounds quite reasonable, right? Except that it is a big fat lie … not only about Greece, but about other European countries such as Spain, Portugal, Italy and Ireland who are all experiencing various degrees of austerity. It was also the same big, fat lie that was used by banks and corporations to exploit many Latin American, Asian and African countries for many decades. Greece did not fail on its own. In summary, the banks wrecked the Greek government, and then deliberately pushed it into unsustainable debt … while revenue-generating public assets were sold off to oligarchs and international corporations. Now, let’s map the mafia story to international finance in four stages.
Obama: 'I Don't Care About the Public's Welfare' No, he didn't say it; no politician does; instead, he proves it, by both what he does and what he says (as will be shown here).
Of course, there's pretense in at least some of what all successful politicians say, because success in politics requires at least some degree of pretense. No matter how good a person is, pretense is necessary for success in politics; that's just reality. We live with it; we deal with it, if we are at all realistic. A politician shows his values, and makes clear his priorities, not by what he says, but instead by what he actually does.
For example, President Obama's 24 January 2012 State of the Union Address said: "Tonight, I'm asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. Stark Infographic of Too-Big-to-Fail Banks Represents 1% Consolidation in America. The four banks listed in the infographic below – CitiGroup, Bank of America, JPMorgan Chase, and Wells Fargo – have received nearly $93 billion in taxpayer funds ($92,849,517,353 to be exact) since the bailouts began in 2008.
While they make up a small percentage of the 940 bailout recipients which have, to date, received $611 billion dollars from American taxpayers, they represent a significant chunk of those funds. More importantly, their acquisition trajectories represent the consolidation of major banking institutions in America which have made them "too-big-to-fail," or so we've been told. Click on the infographic above to enlarge. The graphic above is not a statistical representation, as it does not display the relative sizes of those banks acquired, nor does it indicate which banks disappeared as a result of forced acquisitions. In 2013, Eric Holder admitted that global financial institutions in the U.S. and abroad have become so large as to be above the law. Retiring Obama Administration Prosecutor Says the SEC Is Corrupt; Prior Reports Indicate Administration's Corruption. (image by US Govt) Bloomberg News reported, on April 8th, that a Securities and Exchange Commission prosecuting attorney, James Kidney, said at his recent retirement party on March 27th, that his prosecutions of Goldman Sachs and other mega-banks had been squelched by top people at the agency, because they "were more focused on getting high-paying jobs after their government service than on bringing difficult cases.
" He suggested that SEC officials knew that Wall Street would likely hire them after the SEC at much bigger pay than their government remuneration was, so long as the SEC wouldn't prosecute those megabank executives on any criminal charges for helping to cause the mortgage-backed securities scams and resulting 2008 economic crash. His "remarks drew applause from the crowd of about 70 people," according to the Bloomberg report. This would indicate that other SEC prosecutors feel similarly squelched by their bosses.
President Obama personally led in this lying. Fed’s Dirty Little Secret: “The Gold Isn’t There… Exists as Paper IOU’s” The Federal Reserve doesn’t have enough gold to pay Germany back Mac Slavo | SHTFPlan.com The assumption by global depositors who have entrusted their national savings with the Federal Reserve and US Government has always been that when they request to repatriate their holdings the Fed would simply open the vault, access said assets and ship them back to where they belong.
That’s exactly what Germany expected would happen last year when the country requested that the Federal Reserve return about one-fifth of their gold reserves. But that’s when things got really dicey. The Fed announced that Germany’s gold would be returned… but it would take seven years to get back home. The response to Germany’s request turned heads all over the world and raised concerns that the Federal Reserve had squandered its gold holdings. The implications are earth shattering and hit the very core of the problems facing America today. (Full transcript and interview)
I Crashed a Wall Street Secret Society. Recently, our nation’s financial chieftains have been feeling a little unloved.
Crime Doesn't Pay? JPMorgan Chase Begs to Differ. Source: Common Dreams JP Morgan CEO Jamie Dimon.
(image by (Photograph: Karen Bleier / AFP / Getty Images))