BLOGMAN's EDITORIAL: The Lamestream Media like Reuters pretend that these banking frauds are a new phenomenon whereas all through history BANKSTERS have been FRAUDSTERS. Read the book of Proverbs in the Bible, or read the story of Jesus driving the money-changers (Bankers) out of the Temple in Jerusalem, and you will realize that the Banking industry has always been driven by filthy lucre loving, cruel, heartless, compassion-less, and merciless individuals whose only motivation is Power and Profit. Profit come through FRAUD, Power comes through BLOODSHED. Taking away someone's life is the ultimate expression of Power and the ultimate high priests of Satan are the Banksters who defraud the weakest and the poorest without a twitch of conscience, and who finance bloodshed through the war machines of all nations. The smaller nations launch this bloodshed against their own people, and the more powerful ones against other nations. All this is made possible by the MONEY-CHANGERS, the only group of people that enraged Jesus enough for Him to take violent measures against them. This is the reason why the Bible provides much detail, especially in the Book of Revelation about the ultimate judgment of this System of Commerce, of Buying and Selling that is controlled and managed by the Merchant-Banker-Priests of High Finance. Banking at its highest level (rather lowest level because it originates from the pit of Hell is a religion and high level Bankers-Financiers are priests, not of The Most High God but of Satan!) And Satan loves blood; that is the payment he demands in exchange for giving these priests of his, Money and Power. This is the reason why wars never cease even when there is no reason for war such as in Korea, Vietnam, Cambodia, Laos, Iraq, Yugoslavia, Afghanistan, Iraq again, Libya, and now Syria. These wars are paid for by your tax money and by defrauding the people of the whole planet through diabolical enterprises such as Commodities Trading, which is literally a trading in people's lives and livelihoods. These frauds kill the weakest and poorest first because they steal even the pennies that they need to subsist on; and while they are committing these Frauds, these Banker-Merchant-Power-Brokers feast on vintage wines that are blood red, fully realizing that what they are drinking is the blood of the weakest and the most feeble in our world. And their appetite only grows the more they feed; they will soon wipe off the poorest and feeblest half of the world's population, and then they will set their sights on you who consider yourself to be the Middle Class and immune from such miseries. Because you have silently watched and have refused to learn, giving yourself wholly over to mindless entertainments and sports and drinkings and debaucheries, you too will suffer the same judgment that awaits the elite Banksters that have brought the world to the brink of Economic Catastrophe, and will soon kick it over the edge into the bottomless chasm below. It is in their nature to destroy things (after all their father, Satan, exists for the very purpose of stealing killing and destroying), but what is your excuse that you sit by silently and give your tacit approval to their murderous deeds instead of exposing these frauds? How will your answer God, the Judge of all, for your actions, or lack thereof, on the day you stand before Him in judgment, as we all must do?
(Reuters) - It wasn't supposed to be like this. After the worst financial crisis since the Great Depression almost took the global economy over a cliff, tough new regulations and stronger internal controls at the world's major banks were meant to help restore confidence in the financial system.
But recent headlines have some top investors and strategists questioning whether there has been any progress at all. The horror stories include the deepening scandal that big banks rigged Libor, the benchmark international lending rate; JPMorgan Chase's (JPM.N) mounting losses from disastrous credit bets and a possible cover-up attempt; and the disappearance of customer funds from Iowa futures broker PFGBest, discovered after its founder tried to commit suicide and left a note outlining a 20-year fraud. Add in the problems surrounding the botched trading debut by Facebook as well as the insider trading scandal that led to the conviction of hedge fund managers and big name businessmen such as former Goldman Sachs director Rajat Gupta -- and the picture isn't pretty. Read More: Analysis: Banks behave badly redux: Is it killing confidence? | Reuters