by Henry Garman on July 10, 2013
Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale - by WashingtonsBlog
Big Banks Move Into Uranium Mining, Petroleum Products, Aluminum, Ownership and Operation Of Airports, Toll Roads, and Ports, and Electricity
Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the economy.
They say we need to break up the big banks to stabilize the economy.
They say that too much interconnectedness leads to financial instability.
They also say that the big financial players are able to manipulate virtually every market in the world.
But the big banks have only gotten bigger – and more interconnected – than before the phony financial “reform” legislation was passed a couple of years ago.
As if that wasn’t bad enough, four congressmen point out that the big banks are not taking over the tangible economy as well … which allows them to control and manipulate the markets.