The Fed Just Approved The Biggest Bank Merger Since The Financial Crisis, Creating The 6th Largest Bank In The United States

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Haven’t we learned our lesson yet? With the total interest payments charged by the big 4 banks now equal to almost 1/2 of the entire U.S. military budget, and 70% of the prime brokerage business controlled by 6 companies, shouldn’t we be looking for ways to reduce the size of these mega-banks, rather than make them bigger! How are we supposed to stand up to something like this if they go rogue! Imagine Jack The Ripper sitting at a prop desk with an unlimited money supply. Not a good combination!

Think about the influence these executives will have over our elected officials with all that money and power. They even sit on the boards of the Federal Reserve! You wouldn’t wanna piss one of those guys off — that is for sure!

What makes this situation so much more dangerous than 2008 is that today, the big tech companies have the ability to just outright censor peoples speech. Who would of imagined a world where algorithms controlled by the mega-rich could instantaneously know what you write (or say), and automatically block you from spreading a message that they have deemed to be fake; and this is without the need of a human observer!

What’s worse is that one of these big tech companies, Twitter Inc., reports that their largest shareholders are the big banks and investment funds; the very entities that stand to gain from this increased banking conglomeration and unadulterated money-printing.

Are the algo’s going to go into full gear when shit finally hits fan after this world record breaking bubble finally bursts? Will we even have a voice? Have we ever had a voice? For awhile we did. It was online grass-roots movements that were responsible for exposing the egregious corruption at Monsanto; a true David and Goliath story, where an irate minority of connected and highly informed citizens were able to force the truth about round-up into the national conversation — but will that be possible in the future? Well, considering the way things are going, probably not.

Hey, at least they give us porn. Twitter doesn’t allow congressmsn to post videos of people protesting outside of his house, but apparently hardcore sadomasochistic BDSM porn is completely okay; just click yes when they ask if you are 18 years of age, and voila, you’re in! Maybe this is just the technotronic version of “let them eat cake”, or brioche, or whatever tickles your fancy, but just remember that as you eat, no talking about politics, and when the banks crash the financial system for the umpteenth time, just open pornhub and shut your mouth, they’ve got this under control — just like they did the last time. 

Certainly nothing can go wrong with more concentration of financial power; things are different this time. Things have changed. It’s not the same as it was before — dummy. We’ve learned our lesson. Don’t you get it, we have AI now, and quantum computers; it’ll be a smart crash, just like your house, artificially intelligent, and when this greatest of all crashes finally does come to pass, the bankers will tell us that everything is okay and because this time we are only ‘quantumly fucked’, so technically we won’t feel the effects for at least 6 lifetimes, and when the fed comes in to save the day by printing more money, they’ll have an even better name for it too:”Quantumtative Untangment”.  The bankers will tell us that only a D-Wave could have been capable of predicting such a random event, and just like with the housing bubble, why it happened will be one gigantic mystery; something us mere mortals are incapable of understanding, so why fret, just enjoy the ride. The future is here, the future is now..

 

 
 
 
source: https://bettermarkets.com/sites/default/files/Better%20Markets%20-%20Cost%20of%20the%20Crisis.pdf

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