Bankster Fraud Is Not a Victimless Crime: It Has Driven 100 Million Into Poverty, Killing Many


We Are Witnessing a Financial Holocaust Brought on by the Banksters with Millions of Deaths in the Offering

Fraud caused the Great Depression and the current financial crisis, and the economy will never recover until fraud is prosecuted.

Fraud is the business model adopted by the giant banks. See this.

The Obama administration has made it official policynot to prosecute fraud. Indeed, the “watchdogs” in D.C. are so corrupt that they are as easily bribed as a policeman in a third world banana republic.

The mouthpieces in Wall Street and D.C. pretend that financial fraud (like Libor) is a “victimless crime“.

But the World Bank notes that the financial crisis – you know, the one caused by financial fraud – has driven between 64 and 100 million people into destitution.

Some estimate the figure to be much higher. For example, one 2009 study estimated that 140 million people would be driven into poverty in Asia alone.

This is not just a matter of having less money for entertainment or luxury goods. Increased poverty leads to earlier deaths.

Categories: ECONOMY

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