"... Founding Co-Director of the Political Economy Research Institute (PERI) at the University of
Massachusetts, Amherst... is naming names – the names of the people who have sold out American
democracy and the public interest by becoming sycophants for, or actual members of, the Bankers’ Club.
The Chairman of the Bankers’ Club is the Federal Reserve...
Other key members of the Bankers’ Club according to Epstein are
the politicians (particularly on key committees in Congress) who have sold out to the Bankers’ Club in
exchange for funding of their political campaigns;
bank regulators who have one foot on government soil and the other foot heading toward the revolving
door and a much bigger paycheck;
Wall Street’s outside lawyers from Big Law who sneak language favoring the Bankers’ Club into
legislation;
a swarm of dozens of lobbying groups working on behalf of Wall Street banks in the corridors and
offices of Congress;
and even members of his own profession – economists – who promote unsound ideas purporting to show
that Wall Street mega banks serve the interests of the public and that more regulation is inefficient and
negatively impacts economic growth.
...The dean of Wall Street lawyers, H. Rodgin Cohen, chair of the Wall Street firm Sullivan & Cromwell,
had his hand in virtually all the key legal and enforcement actions promoting financial deregulation during
this period.
... creative army of good guys, whom Epstein calls the “Club Busters.” High on Epstein’s list for accolades
are the nonprofit watchdogs, Better Markets, Americans for Financial Reform, and the public
banking advocacy groups across the country.
---JPMorgan owns more than 5,000 Chase Bank branches spread from coast to coast across America,
accepting federally-insured deposits from average Americans, who have no idea that their money is
being used to corrupt foreign officials; rig markets; and prop up Ponzi schemes.
...the repeal of the Glass-Steagall Act is allowing Wall Street casinos to corrupt everything that Americans
hold dear while using Americans’ own life savings to do it.
wallstreetonparade.com
evil wise guys goingalonggettingalong down the toilet.............................. |
