Deregulation is not the cause of Wallstreets crisis (editid 'sic' version)
This is a corrected repost because the previous post was not edited for
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Some economists seem to believe that deregulation is what caused the current financial crisis in America. However, the crisis is due to the fact that so much of the top tier financial dealings in this nation are based in illegitimate and criminal behaviors that have no solid fiduciary stability, nor true liquidity.
Regulation is just a palatable term used to represent the policies and procedures employed as an alternative to proper laws that would prevent this elitist arena from so easily selling the veritable scam offered by the big central bankers and lending institutions, in bed with the very shady Fed Reserve. Congress has long neglected its purpose of legislating proper constitutional laws that would encompass the entire market and prevent this elitist immunity that is allowing traitors to rob the citizens of this nation absolutely blind, on a daily basis.
Deregulation by congress is certainly a much more touchy proposition at this point because there are many manifest inequities and blatant criminalities that have been enabled and allowed by illegitimate precedence and an extremely pervasive quid pro quo that is inherently resistant to change.
Strange how it is literally impossible to get congress to even decriminalize marijuana for medicinal purposes, but they have no problem pretending to deregulate the market by creating a ten ton gorilla of greed and larceny on Wall Street, and then just releasing the chains, sending it stomping down main street devouring the small businesses and homes of this nation’s trusting citizens.
A last word. One rather important note is that all of these top bankers and financeers know what criminals and theives they all are and whenever a bit of reality gets injected into their golden, delusional world of scandal, they suddenly start turning on eachother and begin a chain reaction that nets many low level victims. It is certainly true in any setting that there is "no honor among theives".
Some of the criminality is reaching critical mass. Much of the speculative mechanisms are controlled by the fact that there is no honor among these con artists, so that even a small financial crisis has the ability to send massive ripple effects in many directions. Trust and confidence are nearly non existent in this obese credit market that is merely an elusive manipulation of baseless "assets" that attempt to appear legitimate by camouflaging themselves with regulations and security.
Some economists seem to believe that deregulation is what caused the current financial crisis in America. However, the crisis is due to the fact that so much of the top tier financial dealings in this nation are based in illegitimate and criminal behaviors that have no solid fiduciary stability, nor true liquidity.
Regulation is just a palatable term used to represent the policies and procedures employed as an alternative to proper laws that would prevent this elitist arena from so easily selling the veritable scam offered by the big central bankers and lending institutions, in bed with the very shady Fed Reserve. Congress has long neglected its purpose of legislating proper constitutional laws that would encompass the entire market and prevent this elitist immunity that is allowing traitors to rob the citizens of this nation absolutely blind, on a daily basis.
Deregulation by congress is certainly a much more touchy proposition at this point because there are many manifest inequities and blatant criminalities that have been enabled and allowed by illegitimate precedence and an extremely pervasive quid pro quo that is inherently resistant to change.
Strange how it is literally impossible to get congress to even decriminalize marijuana for medicinal purposes, but they have no problem pretending to deregulate the market by creating a ten ton gorilla of greed and larceny on Wall Street, and then just releasing the chains, sending it stomping down main street devouring the small businesses and homes of this nation’s trusting citizens.
A last word. One rather important note is that all of these top bankers and financeers know what criminals and theives they all are and whenever a bit of reality gets injected into their golden, delusional world of scandal, they suddenly start turning on eachother and begin a chain reaction that nets many low level victims. It is certainly true in any setting that there is "no honor among theives".
Some of the criminality is reaching critical mass. Much of the speculative mechanisms are controlled by the fact that there is no honor among these con artists, so that even a small financial crisis has the ability to send massive ripple effects in many directions. Trust and confidence are nearly non existent in this obese credit market that is merely an elusive manipulation of baseless "assets" that attempt to appear legitimate by camouflaging themselves with regulations and security.
[factbat]
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