Trust Banksters? Trust Comex? Thieving Banksers Would Steal The Pennies Off A Dead Man’s Eyes
by Prepper Jack, The News Doctors I am not certain what is going on in the COMEX because the figures are subject to falsification. The one thing I can say with certainty is the the banksters are doing what they always do when things get dicey. They’ll resort to the trade I call “the race to steal pennies off a dead man’s eyes.” This you can take to the bank. The lowest of the criminal class were those who resorted to grave robbing and purloining what little money a corpse had on the body. Bankers in their cheap $250 suits might not have the carrion odor of a grave robber but if you were to get really close to a banker, you can smell the stink of fear and greed. I don’t recommend that but some people like to take greater risks than others. In the last 35 years I’ve seen literally scores of banks and hundreds of bankers do what bankers do better than anyone else with the exception of the government. They create their internal financial crises through inept decisions, chase unsustainable yields, allow personal greed to rule their judgements, engage in excessive leverage and fail to account for economic cycles. Bankers are not known for their intelligence or mathematical abilities. Those deficit qualities, combined with trillions of dollars of other peoples money, makes for a very bad combination. It’s the same as if you give a compulsive gambler an unlimited line of credit at the casino, tell them to have fun and go for it. In the case of banksters, everyone loses. All banks fail eventually just as gamblers end up broke. Banksters don’t just double down. They double down, double again and then triple down, with leverage killing the bank as each bet turns against them while leaving them with only option, doubling down once again to make back their losses and break even. Sometimes bank failure can happen in no more than a few hours as was the case of WAMU. In the case of Dexia, a lowland country bank, it failed within 45 days of being rated the #1 bank of its region. What we are seeing today is the End Game of the bankster casino enterprise, with the absolute threat that when the collapse happens it will take down everything. I’ve been there, seen it and have ball caps and lapel buttons to prove it. Everyone gets in the game. Employees get sucked into the game. Bank controllers who might have decent math skills get in the game, suborned by their superiors to cook the books so as to deceive the auditors, depositors, shareholders and government regulators that things are not going well. That takes some serious tap dancing. Share holders get in the game. The public gets in the game. I’ve seen that up close and personal, invested in it and seen that sort of questionable and criminal action destroy a bank within a few weeks of the deception being disclosed. I’ve even seen bankers invest in the stock of other banks that come well recommended, only to see that bank implode a month later, destroying the banks which invested into the super nova bank that turned out to be little more than black hole. When Barney Frank urged the investing public and banks to buy stock in the investment of the decade, something called Freddie and Fanny Mae, those two quasi government banks imploded with a 100% loss to all investors. Some banks put their spare capital into those carrion filled bags of filth and saw their capital destroyed, resulting in cataclysmic failure to the investors. What always amazed me is that every person at the bank, from the Chairman to the CEO, to the senior officers, all the way down to the file clerk, are engaged in some of the most massive self deception imaginable. Most of the top officers are fully invested in the stock of the bank and end up being wipe out when the bank fails. When doing the same thing again and again, thinking it will produce different results, is insane. Insanity is compounded on more insanity. The one thing that is immensely frustrating is the deepest pocket banksters like JPM, UBS, HSBC, GS and MS is that they can bribe their way to survival with political contributions, paid for with our money. Or even worse, they can pay nominal fines ranging from $250,000 to $20,000,000,000, paid for with our money, thus avoiding seizure, collapse and jail time. Like I said, most bankers are not that bright but it’s clear that some are sufficiently conniving to stay out of jail by paying off those who run high cover for their criminal actions. Never mistake the connivance of the survival instinct for intelligence. The entire world is being lead by the nose by people who’s collective IQ couldn’t jump start a chain saw. And yet here we are, sitting at the precipice, looking into the void, wondering if we’ll get pushed over the edge by the bankers or get to push them into the chasm. Regretfully, I’d wager on the former as opposed to the latter. After you read this and think what I say is reasonable, you can take it to the bank that the people with whom we place trust to hold our funds, make our loans, trade our stocks and even manage the funds of an entire country are easily some of the most inept and greedy people with whom you might associate. What makes it worse is that they use computer programs written by other inept bankers and financial incompetents to run the show. Are you reading this Mr Greenspan? Placing your trust in bankers during good times means you are opening yourself to wholesale theft. Placing your trust in people who are self appointed carriers of the pointy end of the financial spear, by doing so in the tough economic times assures failure, is foolish by several orders of magnitude. I’d not trust these types with a spork. I’d not a trust a banker any farther than I could throw a 1000 oz good delivery COMEX bar. With that bar I’d have something tangible. With a banker I’d have little more than an air ball. Besides which, leaving anything of value laying around means a banker will steal it if the government doesn’t get there first.