This piece was originally published on October 26, 2009 by AmpedStatus.com.
By David DeGraw, AmpedStatus
Look at the new “pay czar regulatory rules.” These rules clearly show you the new power structure: Goldman Sachs and JP Morgan are still above the law and regulation of any kind. The psuedo-regulation on the tier just below them — Citigroup, Bank of America and AIG — will not limit much in the overall scheme of things. It’s not like the “pay czar” is going to get some of our trillions back. This is just the latest media hoax to calm an outraged population and keep us at bay, kick us further down the line.
When you read the headlines about “pay czar crackdowns” and “clawbacks” and “reining in pay,” you should know that this whole Wall Street psychological operation is being run by the same man who sold us the Iraq war!
Here’s an example of misleading coverage from ABC News:
Pay Czar Emphasizes Wide “Clawback” Power
“Bank of America Chief Executive Ken Lewis, who has announced he will leave the company by the end of the year, will receive no more pay for 2009 and will have more than $1 million of his prior pay clawed back, according to a deal Feinberg struck.”
Poor Ken Lewis. The Economic Hitman, a.k.a. Mr. Bank of America, the poor guy has to work for the rest of the year for “no pay.” Oh, these strict new regulations! Well, you see, there is a missing part to this oh so popular media meme. Here’s a headline that should be written, “Ken Lewis to Pocket $70 million”… yep, poor Ken Lewis. He has to wait until the end of the year to receive $70 mill. If there were such a thing as law in this land, instead of getting $70 million at the end of the year, he would be getting a prison sentence.
This is a tragic comedy of Shakespearean proportions.
Due to these psychological operations, the average American is so thoroughly propagandized that most are yet to realize that a weapon more powerful than an atomic bomb has hit the US.
An economic deathblow has been struck, and the “republic” lay in ruins.
No one sounded the alarm loud enough to get through the propaganda system. The political process and mainstream media are so thoroughly dominated that the people remain passive as the noose is tightened around their neck, it is as if an entire population has been sentenced to a slow death.
Trillions of dollars have vanished, we know who was involved, and yet, there is no investigation. While paid-off “lawmakers” battle over every aspect of the healthcare bill — a bill that will once again screw most Americans in favor of more corporate profits and huge salaries and bonuses for the top executives of the companies who are sponsoring these puppet “politicians” — these “lawmakers” seem to have forgotten about $23 trillion. No, not $23 billion, we are talking $23 trillion taxpayer dollars!
Actually, Shakespearean proportions look rather small in comparison. $23 trillion is New God money.
The Bush Regime took down the US population. With Paulson leading, the financial crisis became the last ultimate act. The greatest theft of all time, trillions vanish. The entire power structure goes off the grid, off the balance sheet, into the dark.
It reminds me of Dostoevsky, “but enough; I don’t want to write more from the underground.”
If you would like to see more of these reports, please consider making a donation to support them.
You can subscribe here for email updates.
Related posts:
- The Wall Street Economic Death Squad This piece was originally published on October 19, 2009 by...
- Wall Street Pentagon Papers Part III – Are The Federal Reserve’s Crimes Still Too Big To Comprehend? Another day, another trillion plus in secret Federal Reserve "bailouts"...
- Banana Republic USA: Meet the 25 CEOs Who Make More Than Their Companies Pay In Taxes The Institute for Policy Studies has a revealing new report...
- Matt Taibbi on Banana Republic USA: SEC Destroys Evidence of Wall Street Crimes Matt Taibbi has a new piece revealing information from a...
- Collapse Roundup #5: Goliath On The Ropes, Big Banks Getting Hit Hard, It’s A “Bloodbath” As Wall Street’s Crimes Blow Up In Their Face Time to put your Big Bank shorts on! Get ready...
Operation SCREW WALL STREET!!!
It is time to start screwing Wall Street, they caused these last two Depressions which were by Republican Presidents, mainly caused by Speculation, and deregulation and the lack of enforcement of regulations. Speculation and lack of enforcement is Destroying America.
America needs jobs and full employment. Not jobs and profit for Wall Street, and speculation.
We can have full employment by 2014 by the Democrats, Republicans don’t want that because then they would have to pay higher wages, they like to screw the workers, and the poor. Let’s get this fact clear, Democrats don’t spend all the money, they circulate the money in the US, Republicans SPEND and and speculate the money all over the world.
How do you get Full Employment by 2014. First you take back Congress from the Republicans by a large landslide, by providing millions of jobs by Federal money to build Shoe factories, textile industries, clothing factories, furniture factories Steel mills. All the factories we lost from Wall Street, moving all our industries overseas.
Second the government will hire these workers and manage these workers until they are able to take over the operation, and the workers will be the owners and share holders and the corporation will be a Closed operation. Their will be a set rule of ethics and if they are broken by management, the corporation will be taken over by the government, until corrected. If a company is going Bankrupt, it will be subsidised, to correct this and save jobs. If the company is threatened by low prices from another country, The corporation will be subsidised to correct this.
Anti Trust laws will be strongly enforced, and monopoles will be busted up. Wall Street and their operations will be strongly policed.
There is no reason this won’t work.
We took over G.M and Chrysler and now look at them now, the are profitable and paying back the loans. Remember the Republicans, they wanted to “THROW THEM UNDER THE BUS!”
WAKE UP DEMOCRATS. Think Objective, not Subjective!!! JOB-JOBS–JOBS-JOBS
[NOTICE] PLEASE PRINT AND PASS ON! YOU MIGHT GET A JOB!
Collapse Roundup #5: Goliath On The Ropes, Big Banks Getting Hit Hard | The Global Realm // Sep 8, 2011 at 12:12 pm
[...] The New Wall Street Psychological Operation: “Crackdowns, Clawbacks, Regulatory Rules, Reining In …. This piece was originally published on October 26, 2009 [...]