Bankers Arrested, Civil War Averted, Economy On the Rebound
Dave Hodges December 14, 2013 The Common Sense Show
Who says there isn’t justice in the world for the globalists who continue to plunder the assets of average people? Four prominent bankers have been sentenced to prison and assessed hefty financial penalties.
The First District Court of Appeals sentenced four former Goldman Sachs Executives to prison terms ranging from three to five years in prison for financial crimes dating back to 2008. The Supreme Court, fearing civilian reprisals, has refused to hear the bankers appeals.
The mainstream media is reporting that Hank Paulson, former CEO of Goldman Sachs and Secretary of the Treasury as well as being known for being the architect of the bailouts, received the heaviest sentence of five years in prison. Paulson was ordered to pay $33.4 million dollars in fines. Along these same lines, former Goldman Sachs CEO and World Bank President, Tim Geithner, was sentenced to three years in prison along with being assessed a hefty $23 million dollar fine. The mastermind of the MF Global theft, former Goldman Sachs executive and the former Governor of New Jersey, Jon Corzine, was sentenced to four years and a $18 million dollar fine. The most recent Goldman Sachs CEO, Lloyd Blankfein was also sentenced to three years and assessed a $13 million dollar penalty.
When hundreds of thousands of citizens showed up at the Capitol building and began throwing rocks at the building, this triggered the biggest civil unrest in the country’s history. The military refused to become involved and government officials cowered in fear as DHS fought off the protestors. Shortly thereafter, the beleaguered Congress rediscovered its backbone and issued arrest warrants for the four criminal banksters. Of course, Goldman Sachs and several other international bank entities warned the citizens that the country would collapse economically and it would become necessary to usher in martial law. This proved to be an empty threat, as the opposite ended up being true. The year following the arrests of these four bankster thugs, the economy grew at a rate of 2.6%. It is safe to say that the government will never tolerate the undue influence of any financial institution again. The country is approaching financial solvency. Who would have thought that this would have been possible?
In a related story, Nancy Pelosi also went to prison for two years for insider trading on Wall Street. And Diane Feinstein went to prison for five years for repeated violations of conflicts of interest as Feinstein’s husband was the beneficiary of several no-bid federal government contracts. Obama was impeached and convicted for identity theft and most importantly, treason. Happy days are here again. Fade to black….not in a pigs eye!
I would pray that these events would take place, but unfortunately, our bankster crime rate continues to rise exponentially. However, the equivalent of these events, and more, just took place in Iceland.
Iceland
Icelander’s must not eat GMO’s, their water must not be fluoridated and their men never need Viagra. If Americans were to ever travel to Iceland, they would find that the country has much more than just snowballs! Why? Icelander’s have courage and intestinal fortitude. Meanwhile, back in the USA our sheep are too busy watching reality shows while, at the same time, running from reality. However, as the reader will soon discover, the circumstances in Iceland are unique and are not likely shared by other Western nations.
True Justice
In an unprecedented ruling, Reykjavík District Court sentenced four former banking executives of the Kaupthing Bank to between 3 and 5 1/2 years in prison for financial crimes dating back to 2008. Vísir is reporting that former Kaupthing director, Hreiðar Már Sigurðsson received the heaviest sentence which consisted of five and a half years. He was also ordered to pay $33.4 million and also pay the government’s legal fees. There is a God and there is justice in Iceland as former Kaupthing chairperson, and former Interpol fugitive, Sigurður Einarsson, was sentenced to five years, and ordered to pay a total of $14.3 million as well as legal fees.
If they could get their hands on Goldman Sachs officials they would.They impeached and convicted corrupt politicians who were in league with Wall Street, many of which are serving prison sentences. Iceland is on its way to a full economic recovery while still saying no to the corrupt Goldman Sachs influences in Europe. Iceland is saying no to the Bank of International Settlements. Iceland is a beacon of hope for the rest of the G20 nations including the United States.
Why Did the Uprising Work in Iceland and Nowhere Else?
Gadaffi showed the same level of defiance to the corrupt banksters as did the people of Iceland, yet he is dead. What is the difference? In Iceland, the people are engaged and are committed. This was not the case in Libya and this is certainly not the case in the United States. Both Libya and the United States have been invaded by massive immigration (i.e. many al-Qaeda took up residency in Libya before the revolution) and America’s immigration issues have been well chronicled. Both countries lacked the solidarity which would dilute their national resolve. Further, in America, the mainstream media keeps the masses docile and dumbed down while conducting their version of “Occupy America”.
The Major Reason Why Iceland Beat the Bankers
Most of Congress has been bought off. The so-called representative government is beyond the reach of the people. In Iceland, that is not the case and even if it was, it would not matter.
The most important fact related to the Icelandic revolution happened after the implementation of a type of self-governing approach which includes some elements of “Direct Democracy” in Iceland. Icelanders have much more say in their government than we do. This is a huge advantage for the citizens of Iceland, as from this moment on, no external power can conquer their country thru hidden activities and the creation of bribed puppets. Politicians can theoretically be bribed, but it would not matter.
Iceland’s President Olafur Ragnar Grimmson was interviewed earlier this year at the World Economic Forum in Davos on why Iceland has enjoyed such a strong recovery after it’s complete financial collapse in 2008, while the rest of the West is still mired in debt, poverty and hopelessness to go with empty promises of an economic recovery.
When asked whether Iceland’s policy of letting the banks fail would have worked in the rest of Europe, Grimsson stated:
“… Why are the banks considered to be the holy churches of the modern economy? Why are private banks not like airlines and telecommunication companies and allowed to go bankrupt if they have been run in an irresponsible way? The theory that you have to bail-out banks is a theory that you allow bankers enjoy for their own profit their success, and then let ordinary people bear their failure through taxes and austerity. People in enlightened democracies are not going to accept that in the long run. …“
Conclusion
Americans have three choices if our nation is to recover: (1) Civil War; (2) Establish direct democracy and begin the political purge that will rid the government of the banker takeover; or, (3) Passively accept our present circumstance and embrace our ultimate and complete demise.
Our best and most effective course of action would be to work towards direct democracy. This would be a slow process because our government has stage four cancer. We would have to continually create one-term politicians until we got a majority of people who would grant the country a say in how they are governed.
Some believe that civil war is inevitable as the bankster controlled government tightens it noose around the country. This could be the case when the government and its foreign assets begin to seize guns from American citizens. The implementation of Obamacare could prove to be the trigger event leading to the government’s need to seize the guns due to massive civil unrest.
Given the fact that the past is the best predictor of the future, at least at this moment, I would bet that FEMA camps and the unimaginable lies directly in our future.
What do you think? Is there a way to galvanize the country and proceed against the existing establishment with a single purpose similar to what happened to Iceland? I would propose that we have an electronic town hall meeting in order to share ideas. Please share your thoughts on the comment board with regard to these questions and issues.
http://thecommonsenseshow.com/2013/12/14/bankers-arrested-civil-war-averted-economy-on-the-rebound/
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Whistler Blowers, Insiders
“… Many who have been vociferous in criticizing income and wealth inequality such as Paul Krugman and Joseph Stiglitz have not pointed to the increase income inequality as the cause of the depression. Those on the left who might be the natural proponents of a more progressive tax system have not connected the dots. They have a different theory as to the cause of the depression. They are adherents to the regulatory fallacy, the belief that the depression was caused by insufficient regulation.
To determine if someone is an adherent of the regulatory fallacy ask this question: Do you believe that given the degree that the tax burden was shifted from the rich to the middle class, was there any type of regulatory policy which would have prevented the financial crisis? If they answer yes, they are adherents to the regulatory fallacy
In Paul Krugman’s 2012 book “End this Depression Now!” he comes heartbreakingly close to connecting the dots between the reduction in the progressivity of the tax system and the cycle of overinvestment that caused the depression. He states that the book is much less concerned with the cause of the depression than what should be done to end it. His prescription is fiscal stimulus focused on the spending side that has even less of a chance of being enacted than the tax cuts suggested above.
Those on the right have their own version of the regulatory fallacy. They blame the government sponsored enterprises Federal National Mortgage Association Fannie Mae (FNMA) and Federal Home Loan Mortgage Corp. (FMCC) and the Community Reinvestment Act. According to their theory, regulation such as the Community Reinvestment Act resulted in a vast increase in subprime mortgage lending that caused the financial crisis. Possibly the non-bank private entities that originated and securitized the most of the subprime loans mistakenly thought the Community Reinvestment Act applied to them.
A slight variation on the regulatory fallacy is the financial innovation fallacy. As with the regulatory fallacy, both left and right versions, there is a miniscule grain of truth to it. Financial innovations such as credit default swaps and regulatory changes like repeal of the Glass-Steagall Act slightly affected the exact timing of the onset of the depression. However, once the tax burden was shifted from the rich to the middle class it was just a matter of time before middle-class consumers became unable to absorb the increased production and service the debt that accompanied the overinvestment. Different regulatory policies might have shifted the bubble more towards commercial real estate rather than residential real estate or visa versa but the outcome would have been similar.
Blaming regulatory policies and financial innovation for the depression is like blaming the armaments manufactures and soldiers for World War II. In order for the war to occur there had to some weapons made and some soldiers to fight. If those particular armaments manufactures and soldiers were not available, others would have taken their place.
Equally unhelpful in terms of addressing the income and wealth inequality which results in the overinvestment cycle that caused the depression are those who emphasize various non-tax factors. Issues such a globalization, free trade, unionization, minimum wage laws, problems with our education system and infrastructure can increase the income and wealth inequality. However, these are extremely minor when compared to the shift of the tax burden from the rich to the middle class. It is the compounding year after year of the effect of the shift away from taxes on capital income such as dividends over time as the rich get proverbially richer which is the prime generator of inequality…”
http://seekingalpha.com/article/1543642
Why is it the picture used is showing American police?
Should such a scenario ever take place the just “fines” for the banksters should be commensurate with the grief they caused to any one of thousands of individuals and their families. Since many families were financially “wiped out” by bankster shenanigans thus also should the banksters be wiped out of ALL their net worth.
Oh, good, everything is all right then. Let’s roll over and go back to sleep, though I think the Simpsons is on soon.
If only…
You had me until: “former Goldman Sachs CEO and World Bank President, Tim Geithner”. Geithner head the NY Fed, the most powerful branch, by far. Now he’s working for one of the “families” that probably own the CBs, Warburg Pincus.
“Since many families were financially “wiped out” by bankster shenanigans”
You’re forgetting – or perhaps you don[‘t know – that the “Depopulation Agenda” is ALSO a very real thing, and a DAMNED SIGHT MORE than finances have been wiped out! There is a combined physical/psychological attack on Americans that has been ongoing for a long time. It consists of poisons of various types and levels in almost everything most Americans eat, drink or come into contact with. The ones behind ALL of it are the so-called “elites”, and they are the ones who must be stopped, stripped of their stolen wealth, tried, and punished appropriately. The tax system of the country needs to go back to the way it was designed, as does the monetary system. The only way these attackers can win is if that depopulation agenda is pushed to the mark they say they’re aiming for: annihilation of 90% of the populace, first in America, then in the rest of the world.
America HAD a very strong Middle Class who did the vast majority of the work; it was of high quality, and they didn’t have to kill themselves working to barely get by – they were able to save, invest, live comfortably – the rewards for their work was commensurate with the effort they put into it. Now however, insurance, especially medical (which is used a lot due to the toxins in food, water, etc.), little or no taxing of the wealthy and punitive taxing of the workers, then the shipping out of the country of jobs AND the profits from almost EVERYTHING that makes any profits… This is a formula for destruction. The attack is physical/medical, economic, and psychological. How many “accidental’ break-ins by cops the destroy homes and families who were innocent, the warrants, if any, gotten by lying, pets are shot and allowed to cream their way into death, demoralizing the family and traumatizing the children… This has become a Police State that is systematically robbing and beating down the workers, deliberately pauperizing them. It’s like pulling the framework out of a building – it won’t stand for very long.
The “government” is corrupt, privately owned, and in it for their own power and profits. The electoral process is hopelessly corrupt and must be replaced, redone, rebuilt from the ground up. “Artificial persons” – corporations – must be REMOVED ENTIRELY from the political process, and any of them or any real persons found to be bribing lawmakers, as well as the lawmakers themselves, must immediately be removed and tried for treason and any other charges we can hit them with. The greedy rich are destroying this country, and the brainwashed and brain-dead populace that has no time for anything but working or looking for work must have a source of REAL information again. The corrupt MSM has also got to go! And we have very little time remaining in which to get all of this done.
Ian