The Root of All Evil by Rory, The Daily Coin
The past eleven years I have been immersed in news, primarily covering the criminal activity of the federal government which, naturally, leads to the criminal banking cabal. When I sat out on this path I did not realize it was the banking cabal that was the actual problem. I have since learned the true meaning of the saying "the love money is the root of all evil". Truer words have never been spoken. Our world, literally, is awash in criminal activity. The banking cabal has been an octopus, much like was described back in 1930's when the Federal Reserve was coming into it's on. The journalist that recognized this menace to society should be honored with a great work of art for doing their part to inform people of the nightmare that was to come.
What has transpired during the past 100+ years is almost beyond comprehension. What began as simple theft of a nation's sovereignty has turned into a global nightmare. I am not going to bore you will all the details I am simply going to list the crimes of the past decade or so. That will keep me busy enough to fill out the afternoon. For the doubting-Thomas' in the audience each of the bullet points is an active link to a mainstream media news article, one that you will know and can wrap your head around. What is presented is fact, not theory. The shear volume of criminality that is documented, not only by the media, but in a lot of cases a court of law, leaves little time for chasing theories. Why bother?
Let's start with something simple. Most people are not familiar with the Glass-Stegall Act that President Clinton stripped while in office by signing the Gramm-Leach-Bliley Act. The Glass-Stegall Act is what created two separate entities within the banking industry. This simple Act made impossible for an investment bank, which deals in the trade of stocks, bonds and various other financial instruments, to co-mingle their accounts with the utilitarian banking side; the retail side, if you will. The retail banks are the ones you and I encounter in our daily activities. Our checking and simple savings (formerly known as a "Christmas Fund") used to be handled by an actual bank. With the elimination of Glass-Stegall, these two entities are now one-and-the-same. The problem is, your funds are co-mingled with the investment side, the risky side of the bank. Why is this important? In order to understand how a criminal is allowed to break the law, pay a simple fine and continue being a criminal committing the same crimes, you need to understand how it happened.
Stripping the Glass-Stegall Act is one the main stops that was removed and allows the criminal banking cabal to take possession of your funds. If your funds are being held in a company that deals in derivatives, insurance, banking and other investments, your funds are being used by the institution for whatever purpose that is needed at the time. With a small dose of background we can begin bullet-pointing the crimes that have taken place that have a direct impact on you, your family and your wealth.
LIBOR rigging-- London Inter-Bank Overnight Rate - sets global interest rates. If you are paying interest it has been rigged by six banks for the past decade or more.
ZIRP - Zero Interest Rate Policy - enacted after the financial crisis that began in 2008. When a bank receives currency and pays nothing for it and then charges you interest for the use of said currency the bank has no risk and is able to generate profits risk free. Remember the first bullet point? They rig the interest rates in order to determine how much they are going to steal from you on a daily basis.
TARP - The Troubled Asset Relief Program (TARP) is a program of the United States government (read tax dollars--your labor that generated the funds to pay for this program) to purchase assets and equity from financial institutions (that should have went bankrupt) to strengthen its financial sector that was signed into law by U.S. President George W. Bush on October 3, 2008. It was a component of the government's measures in 2008 to address the subprime mortgage crisis. These three crimes are at the heart of why you are currently broke and have no savings. If you do have savings they are at risk. Due to the lack of regulations and the lack of GAAP being practiced by the banking and financial institutions the world over. Picture getting a little clearer?
QE - Quantitative Easing. The simple explanation of what QE is and how it affects you is this. QE is a rigging of the bond market. The Federal Reserve, a private corporation, buys government bonds, treasury bills and other government debt and transfers that debt to their books. If you and I were attempt this type of scheme we would be arrested for running a ponzi scheme. The Federal Reserve is the organization, which is accountable to no one, not even Congress, that prints our currency and sells it to the government, at interest. If the Federal Reserve prints our currency and also purchases our debt, how could that be anything other than a ponzi scheme? If you have a better definition of what this transaction is, I am all ears. You see, with a simple explanation anyone can see how criminal our system has become. The depth and breadth is mind boggling.
All of this has happened since 2008, a mere 7 years ago. Has anyone gone to jail? Are the banks that should have gone bankrupt still operating? Are your funds still in the banking system? If you have a 401k, IRA or private pension fund let's take a look at how those funds are being used. Do you remember Bernie Madoff? Arrested, jailed for running a multi-billion dollar ponzi scheme. Well, it turns out that JP Morgan, where the funds were being funneled, knew what was happening and did not report it. Did anyone from JP Morgan, like the CEO, CFO or other officer go to prison along side Bernie? No, they did not. Eric Holder, the Attorney General at the time, stated that some institutions, like JP Morgan, were simply too big to prosecute. Too big to prosecute. Did you understand what AG Holder said? The Attorney General of the United States made it illegal to prosecute criminals who are known to be stealing your money!! It's a great gig if you can get it!
HSBC - found guilty of drug money laundering and funding terrorist activities. HSBC is still in operation today State Street Bank New York - never heard of State Street? Well allow me to introduce you. State Street is one the largest banks to "park" most all 401k, IRA and private pension funds money! Not a problem, right? Well, until you find out that for almost 40 years, that's right 30+ years, this bank has been skimming a tiny fraction of your funds out your pension program and onto their books. Please do not believe me, listen to Harry Markopolous describe the ongoing crime spree perpetrated by State Street Bank in conjunction with Bank New York Mellon and the banking cabal in the City of London. I'll wait here while you get educated and, hopefully, really, truly pissed off.
Why has no one gone to jail? Why are these institutions still in operation? What is it going to take to get you to understand that by keeping your funds in these too big to prosecute institutions you are in fact funding drug cartels and terror organizations around the world? That is part of what these criminals do with the funds you deposit.
When are you going to demand justice? Planning on voting in the upcoming election? Is your "representative" going to be re-elected? Where does it end? Where does it start?
All of this as a backdrop and we come to the latest and greatest crime these scum-sucking bottom-feeders can dream up. Cashless society. If you are not familiar with the push, on a global scale, to take your cash and force you to use digital currency you need to start researching right away. Here at The Daily Coin you will find a plethora of articles, both original and republished works, that will explain in great detail how these criminals plan on pushing you out of your cash into their clutches. It will be the end of sovereignty; it will be the end of freedom. It is the final death nail for society and life as we know it. The mark of the beast will be shown clear for all to see.