Now that your mind is in the proper frame, onto the blog:
Looks that way. Take Larry FINK--real last name. Fink and his band of cutthroats were called on back in 2009 to help with that looting spree, making sure they cleaned up nicely on the toxic assets they had been selling to the Goyim.
Can this man save Wall Street?I've got more respect for bandits like Jesse James who was man enough and honest enough to stick a gun in your face and demand your money or your life.
BlackRock's Larry Fink helped popularize the same mortgage-backed securities that
nearlypoisoned the banking system. Now his firm is making millions cleaning up these toxic assets...
But before anyone organizes a ticker-tape parade for Fink, keep in mind that 25 years ago he was an early and vigorous promoter of the CMO (collateralized mortgage obligation). Today the CMO and other asset-backed securities have become the monsters responsible for the credit crisis.
The modern day bandits don't ride horse, they get chauffeured in limos, fly in private jets while they loot to their hearts content, dumping toxic slop into the financial markets like Mortgage Backed Securities, Credit Default Swaps and recently, signing up millions of Americans who wouldn't be able to pay back their vehicle loan, calling that poison 'subprime auto loans.' Subprime home loans were such a good racket, they expanded their grubby paws to vehicle purchases with the same results as the MBS WMD in 2008.
No problem, when the market blows up, just dump that poison into our pockets.
And now another word from the Deep State! COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID..
Laurence Fink: The Trillion-Dollar DeadheadDon't worry Goyim, these silk suited grifters really, really have America's needs foremost in their latest schemes!
Fink’s economic empire is well-known: the financial elite and business publications are awed by his successes.
But the big deal propelling Fink into the ‘thirteen digits’ (trillions) occurred in 2009 when newly elected Barack Obama awarded BlackRock with the Government contract to direct the ‘three-trillion dollar’ bailout of big financial companies and to manage the bankruptcy of others. Perhaps because of Fink’s deep ties with top senior officials, the contract was awarded without competitive bidding. Equally important, because of Fink’s ties with the biggest bankers, he facilitated the flow of Treasury trillions to the banks to be ‘bailed out’ while allowing other smaller banks and investment houses to go ‘belly up’ in a process dubbed ‘the cleanup after the meltdown’. BR would naturally buyout these assets at ‘fire sale’ prices.
Exposing BlackRock: Who's Afraid Of Laurence Fink and His Overpowering Institution?And now FINK is riding to our rescue. Why do I feel apprehensive about this latest game of "Three Card Monte?"
Specifically, BlackRock is one of the top shareholders in all major U.S. banks, including JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Morgan Stanley, and Wells Fargo.
In terms of America's most profitable and recognizable corporations, BlackRock is a top shareholder of Walmart, General Electric, General Motors, Ford, AT&T, Verizon, Google, Apple, Exxon Mobil and Chevron.
BlackRock’s other large holdings include Microsoft, Johnson & Johnson, Amazon, Facebook, Berkshire Hathaway, Gilead Sciences, Pfizer, Procter & Gamble, Merck, Intel, Coca-Cola, Walt Disney Company, Home Depot, Philip Morris, VISA, McDonald’s, Cisco Systems, PepsiCo, IBM, Oracle, Comcast, Lockheed Martin, MasterCard, Starbucks, Boeing and ConocoPhillips, along with thousands of other, smaller brands.
Did I forget to mention this? COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID..
How Many Bailouts?
Rolling Stone’s Matt Taibbi has called this new bailout of Wall Street a “bailout of the last bailout” in 2008. Less well known is that the 2008 Wall Street bailout was itself a bailout of an earlier 2001 Wall Street bailout, in which the Fed pumped more than $100 billion into a struggling financial sector (wounded by the dot.com bust) under cover of the 9/11 crisis.
Bend over, Goyim, this is gonna hurt you more than it hurts them. Back in 2009, the FED gave out 29 TRILLION in basically interest free loans to banks around the world, to keep them afloat while millions of Americans were losing their homes, becoming renters instead of owners.
But don't ask questions Goyim, you should be huddling in fear with Covid hysteria, and not ask why a private firm is taking over the US economy.
Instead of Draining the Swamp, the Swamp Is Draining the U.S. Treasury via the New York FedREMEMBER GOYIM, STAY AFRAID, STAY VERY AFRAID OF THE COVID WHILE WE LOOT YOUR NATION'S WEALTH. AND THIS TIME, WE'RE TAKING THE KITCHEN SINKS.
So desperate was the Fed to keep that $29 trillion a secret from the American people that it battled in court for more than two years, arguing that the American people had no right to this information. It lost that battle.
This time around, the Fed and New York Fed have brazenly upped their game because they have a much bigger shiny object: a deadly pandemic that is dominating the news and effectively eliminating any network or newspaper coverage of what is happening behind the scenes at the New York Fed.
What is happening at the New York Fed is the same thing that happened during the financial crisis of 2007 to 2010. Average Americans are getting the short-end of the stick in the stimulus bill known as the CARES Act while Wall Street banks are getting astronomical sums from the New York Fed’s unlimited money spigot...
There is nothing in any law governing the Federal Reserve that says that if the taxpayer puts up $454 billion it is allowed to leverage that up by 10 to 1 to $4.54 trillion and use that money to buy up toxic waste from the banks and trading houses on Wall Street. The New York Fed has simply decided that this is what it needs to do to prop up Wall Street and eat their bad bets.
And almost no one in mainstream media is asking any questions about the lopsided playing field set up by the New York Fed...
And then there is the Primary Dealer Credit Facility (PDCF) which is, of course, being run out of the New York Fed. It is making 90-day loans to Wall Street trading houses at an interest rate of ¼ of one percent and among the collateral it is accepting for these loans, it has decided to include stocks. Yes, stocks, at a time when some stocks are losing as much as 25 percent or more in a week. (This is clearly illegal under the Federal Reserve Act which requires that the Fed make loans against “good” collateral.)
Americans Are Paying a Tragic Price for Allowing Five Banks to Control the U.S. Economy
REMEMBER GOYIM,THIS SHOULD BE ON YOUR MINDS 24/7! COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, COVID, ETC
Techno-Tyranny: How The US National Security State Is Using Coronavirus To Fulfill An Orwellian Vision