Oh SH*T! The banks are collapsing, as the money starts disappearing | Morris Invest
Oh how forgetful are the minds of millions who’ve been deluded by the din and drone of visual entertainment news!
A little history lesson here: The great central banking guru Alan Greenspan once admitted the Great Depression was caused by the central banks.
In 1933 the US Congress passed the Glass-Steagal Act that barred commercial banking funds from being used in investment banking schemes. That abuse of trust was thought to be a major contributor to the 29 stock market collapse.
After decades of lax enforcement that provision was repealed by the Grahamn-Leach-Bliley act in 1999 and signed into law by Clinton. Grahamn, a leading “conservative” Texas Republican gloated over his so called achievement. In less than a decade we witnessed another stock market crash in 2008 which everybody knew was the result of the Grahamn act of 1999.
So how did our trusty representatives in the district of calamity resolve the issue? By passing the Dodd-Frank act of 2010 which was smoke and mirrors, because it didn’t restore purity of kind to the banking industry at all.
The irony and the big joke on us Americans is that Dodd-Frank was signed into law by a central figure in the enforcement of Jimmy Carters well intentioned program to stop red lining in the home mortgage industry. I won’t review all of that here only to say that Obama was directly responsible as a social activist lawyer for the loading up of impossible to repay home mortgages, which eventually defaulted in mass, when cunning investment bankers began “bundling” these impossible mortgages and selling them to “sucker” investment bankers and the s____ hit the fan in 2008 during the Obama regime. The diabolical plan to demolish home mortgage lenders had come full circle.
There is a pattern here that isn’t limited to the lack of adequate controls of the banking industries. It applies to all unjust corporate activities. Illegal in the Biblical sense, because mindless politicians have prostituted themselves for personal gain to corporate money!
We have a wonderful constitution, but its failure has been to govern corporations according to natural law and divine law that declares that there is a higher law that commands that all mankind be treated with respect and charity.
What is the specter now before our eyes 24/7? Both here and worldwide? What’s not to understand? Where are the true shepherds of the people? I’m not seeing more that a trickle of them. Where are the rest, if indeed there are any more of them?
Where were they during the great corporate evacuation of American jobs begun under Clinton? Corporations having been given a political green light to pull the rug out from under the feet of millions of trusting American employees. Where were the great defenders of American families who’ve been devastated by a shocking loss of adequate employment?
These same wolves in sheep’s clothing now tell us they don’t know what to do about the growing number of homeless, the growing number of single parent homes, the national debt and skyrocketing inflation. All their remedies are BS.
There is a bloodless remedy, but are we willing to use it?