Tous ces néo keneysiens ont parfaitement accompli leur objectif principal : ils ont sauvé les banksters et ruiné les peuples, en gravant le château de cartes de dettes dans le marbre...
Mais suis-je bête Ce sont eux les gentils Les autres, c'est rien que des affreux qui veulent faire de la déflation Laval (que la déflation-c'est-le-mâââl, on vous l'a déjà expliqué).
|The great bank heist of 2010|
|MarketWatch, Brett Arends' Roi, 21/12/2010 (traduire en Français )|
This was the year America finally took on the power and greed of the Wall Street banks.
And the banks won.
They dodged the bullet of real reform, probably for all time. They bounced back to post huge profits, helped by legal theft from the middle class. They completed their takeover of both political parties — and bought themselves a new Congress even more pliable than the old one.
Middle-class America is flattened, devastated and broke. The bankers that caused it all have escaped punishment. They’re raking in huge profits. Oh, and the tax cuts just got extended for high earners, too!
Market outlook for 2011
Our panel of star Wall Street strategists expects stocks to rise at least 10% next year, as a U.S. economic recovery accelerates.
The image of the president of the republic, traveling to New York to reassure them that they wouldn’t suffer too much from new regulations?
Or maybe billionaire Steve Schwarzman, the private-equity oligarch at Blackstone Group, complaining that any attempt to make him pay actual income tax on his income was akin to “when Hitler invaded Poland.”
Not France. Not Belgium. Poland.
In the aftermath, he grudgingly issued a partial retraction.
In any civilized society he would now be pariah. He’d have to eat alone at unfashionable restaurants, and the waiters would spit in his soup.
Consider the Dodd-Frank reform act — all 2,300 pages of it. Sure, it fills in a few regulatory gaps, ends a couple of the more gratuitous abuses. You have to throw a few scraps to the masses.
But most of the reforms are meaningless. New rule books and committees. Bah. They’re like half-built fences. Anyone can just walk around them.
As for the new consumer finance watchdog? The agency that’s supposed to stand up to the banks will be housed… within the Federal Reserve. Literally, it will be a tenant of the banking system.
Instead we’ve enshrined “too big to fail” as national policy. A standing taxpayer guarantee to the biggest banks. What a deal!
By keeping short-term interest rates near zero, the Fed is basically robbing your grandmother, and other hard-working savers, and giving to Wall Street. The banks borrow from us for free, and then lend us back pour own money at interest by purchasing Treasury bonds.
Top Democrats were too terrified of alienating their sugar daddies to pass real reform.
Most Americans don’t realize it, but this talk of a “grassroots” and “anti-establishment” election was a bunch of hooey. What really happened was that Wall Street has just bought itself a new, even more compliant Congress.
The new Republicans are already fawning over the bankers. They’re promising to stop the restrictions on (ahem) “financial innovation.” Congressman Spencer Bachus — the next chairman of the House Financial Services Committee — actually said “Washington and the regulators are there to serve the banks.” Let the good times roll!
C'est moche la chute de Rome...
Sauf que les gens vont juste finir par se rebeller. Le nombre de poypoys plaçant leur épargne en or, pas tant pour se protéger de l'inflation que de ces escrocs, en dit long... A ce petit jeu là, leur torche cul à jus de dette qu'ils appellent dollar, va finir aux chiottes. Et ils auront tué leur poule aux œufs d'or...