[x] REGISTER Log On/Off
Welcome Anonymous

Nickname
Password
Security CodeSecurity Code
Type Code

[x] Main Menu
 
Main Pages
 
Forums & Pictures
 
Find Out
 
About Us
 
Surveys & Archive
 
Members options
 
Personal


Who Is Causing Our Worldwide Financial Collapse?
Post new topic   Reply to topic   Printer Friendly Page    Forum Index Political Economics

Author Message
Dan
Site Admin

Joined: Jan 01, 1970
Posts: 421
Location: USA
PostPost subject: Who Is Causing Our Worldwide Financial Collapse?
Posted: Mon Mar 22, 2021 4:20 am

21-03-21 1st draft.
21-04-09 edit



So is it J K Galbraith's WHO did it?

John Kenneth Galbraith beautifully explained to Congress the
How, Why, and the WHO that caused the 2010 market crash;

"On Rule of Law"
by James K. Galbraith to Congress.

"An older strand of institutional economics understood that a security is a contract in law. It can only be as good as the legal system that stands behind it. Some fraud is inevitable, but in a functioning system it must be rare. It must be considered – and rightly – a minor problem. If fraud “or even the perception of fraud“ comes to dominate the system, then there is no foundation for a market in the securities. They become trash. And more deeply, so do the institutions responsible for creating, rating and selling them. Including, so long as it fails to respond with appropriate force, the legal system itself.

Control frauds always fail in the end. But the failure of the firm does not mean the fraud fails: the perpetrators often walk away rich. At some point, this requires subverting, suborning or defeating the law. This is where crime and politics intersect. At its heart, therefore, the financial crisis was a breakdown in the rule of law in America.

In this situation, let me suggest, the country faces an existential threat. Either the legal system must do its work. Or the market system cannot be restored. There must be a thorough, transparent, effective, radical cleaning of the financial sector and also of those public officials who failed the public trust. The financiers must be made to feel, in their bones, the power of the law. And the public, which lives by the law, must see very clearly and unambiguously that this is the case. Thank you."

Statement by James K. Galbraith, Lloyd M. Bentsen, jr. Chair in Government/BusinessRelations, Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin, before the Subcommittee on Crime, Senate Judiciary Committee, May 4, 2010

However, the Who that is actually causing this crash is not the Who described by J K Galbraith.
Those people are always with us, thieves, liars, and the power hungry.

Instead the real culprits are precisely identified in the:

The Great Donkfication
Authored by MN Gordon via EconomicPrism.com, on ZeroHedge.com

"Right here, boys! Right here! Get your cake, pie, dill pickles, and ice cream! Eat all you can!
Be a glutton! Stuff yourselves! It’s all free, boys! It’s all free! Hurry, hurry, hurry, hurry!”

– Pleasure Island voiceover, Walt Disney’s Pinocchio (1940)

This leaves only one possibility for WHO is responsible.

Look in the mirror voter, you elected these criminals, makes you a willing accessory, doesn't It?

How do we prevent this kind of event in the future?
It is time for recriminations and jail time. Pronto.


_________________
"I swear to speak honestly and seek the truth when I use the No 1st Cost List public record."


Last edited by Dan on Sat Apr 10, 2021 8:32 am; edited 5 times in total

Back to top
View user's profile Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic   Printer Friendly Page    Forum Index Political Economics
Page 1 of 1
All times are UTC



Jump to:  


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Seeing Ourselves [x]

Forums Last posts [x]
Last 10 Forum Messages

"Silence Gives Consent" proves Our Leaders Know
Last post by Dan in Why The E-Ts Control Our Governments & Insider Scientists & How N1CL Takes Back Control Of Our Corrupt "leaders". on Apr 12, 2021 am30 09:13:28

The Basic Scientific Discovery Answers a LEGAL Question
Last post by Dan in Making scientific discoveries that advance basic theory. on Apr 06, 2021 am30 00:41:04

Our Present Scientific Establishments Are Criminally Corrupt
Last post by Dan in Why The E-Ts Control Our Governments & Insider Scientists & How N1CL Takes Back Control Of Our Corrupt "leaders". on Apr 01, 2021 am30 08:47:34

Enforcing No First Cost Opens E-Ts Universal Internet To Us
Last post by Dan in Why The E-Ts Control Our Governments & Insider Scientists & How N1CL Takes Back Control Of Our Corrupt "leaders". on Mar 27, 2021 am31 06:37:10

Sun Physicists See Earth's Planetary Spirit Line(PSL)
Last post by Dan in Why The E-Ts Control Our Governments & Insider Scientists & How N1CL Takes Back Control Of Our Corrupt "leaders". on Mar 26, 2021 pm31 12:27:40

Who Is Causing Our Worldwide Financial Collapse?
Last post by Dan in Political Economics on Mar 22, 2021 am31 04:20:30

21-03-20 The Fed Just Kited a $1.2 Trillion Check = US Broke
Last post by Dan in Survival Only By Bringing Corrupt Leaders To Justice on Mar 20, 2021 pm31 16:44:33

Governer Jay Inslee does not know we are Carbon based life!
Last post by laisabeck in Find climate change causes & how anything else affects Earth. on Mar 16, 2021 pm31 12:34:32

21-03-14 A Theory Of Everything(TOE) Begins With Creation
Last post by Dan in Making scientific discoveries that advance basic theory. on Mar 14, 2021 pm31 23:41:50

21-03-14 Corruption Now Rots Our Scientific Establishments
Last post by Dan in Hows, Whats, Whys & Fixes (Quantum Navigation patent), on Mar 14, 2021 pm31 13:55:15


Latest Articles [x]

Disconnect Links [x]
Proof E-Ts do secret business with USA govt.
Eyewitness evidence USA Govt. did face to face E-T contacts. The Sirius Disclosure Project has over 800 USA govt witnesses who swore publicly before Congress they dealt face to face with E-Ts.

This climate url shows why much of our scientific establishment is corrupt.

Why rising CO2 levels Can NOT cause global warming.

Cimate Fraud Whistleblower Rewards Program



These links deal directly with How to Prevent our Sun from exploding.

How do we prevent our Sun from exploding July 16, 2024

How to find the two conjunction asteroids shown in the "Missing Earth" crop circle.


This math is required.
How to use a circle to relate 'e' to Phi.


Confirming objective reports.
National UFO Reporting Center

Crop Circle Connector


2-4-2017 Needed A-M debt Disconnection Tools, Measurements & Must Do's

HOW can we get these tests DONE?

Contact Congress

The Latest Changes Made To Site

Visitors [x]
We have received
9882124
page views since
April 27, 2005