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To: maxncompany who wrote (111923)	5/23/2010 8:09:28 AM
From: Chas.	Respond to of 116555

You are absolutely correct in your description... only Sociopathic behavior is not limited to big banks..... It is rampant in the Senate, the Congress and the Administration..... Our present and last 100 years of Governance has nothing to do with serving the People of USA... Like it or not we live under a system of Sociopathic Rule and the end result for the majority of us is to figure out a Survival Plan and make it work.... Still the best place on the Planet to live however one needs to understand the Rules... Chas

To: maxncompany who wrote (111923)	5/23/2010 1:20:09 PM
From: koan	Read Replies (1) \| Respond to of 116555

>>We know very well what's going on. Governments act in the interest of banks and to the detriment of people. Big problems turn into huge problems as a result, because governments do what banks want. I'm sure there are plenty of good community banks and bankers out there, but the really big banks are run by sociopaths. And they couldn't care less about how people are ruined by their actions and their control of governments.<< I agree with all of that Max. I was talking about the particulars and synergy's. Why are we just now learning about the problems with the euro/Greece?

To: maxncompany who wrote (111923)	5/23/2010 3:17:19 PM
From: Hawkmoon	1 Recommendation Respond to of 116555

Governments act in the interest of banks and to the detriment of people. Banks are profit motivated, just like any other corporation. That's all well and good, but we should never delude ourselves into believing they would sacrifice their bottom line in order "to promote the general welfare" of the American people as laid out in the US Constitution. Corporations or Banks should NEVER be in a position of being the "tail wagging the dog" and sometimes sovereign governments must reassert control. Recall that it was the banks, including Greenspan's Fed, who facilitated the exuberant lending practices and violating lending practices. It was permitted (and even encouraged) by many politicians seeking political gain. And of course, where did all that money the banks loaned out come from? Manufacturing financing from China, Japan, Persian Gulf, and Europe, all selling goods/commodities in the US and parking the profits here so they could maintain a favorable currency ratio to the USD. They are the ones who bought many of those CDOs, CLOs, and Mortgage bonds, as well as government debt. We need banks, just as we need a sound financial system (or at least one that is sounder than exists elsewhere on the planet). We need a capital structure that promotes productive capacity, and not just marketing and reselling goods/services that are manufactured overseas. I don't care if we let the textile mills and lower skilled industries move to other countries. But we need to build higher technology products here that pay good salaries. And then we need to train the American people to work in those higher-skilled industries. Do we need gold to back the USD? Not necessarily. But we need capital to be deployed productively so that money that is borrowed pays a profit over and above the interest that is paid. The ultimate thing that backs our currency is the productive capacity of our economy and the American work force. But we're not going to last long with 20% of the US workforce effectively un(der)employed. The only thing propping us up is the fact that other global economies are in far worse share than we all. But soon we'll be the "last leg standing" and the supranational bankers and financial power elite will be coming for us. Hawk