The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States

https://dandelionsalad.wordpress.com/

By David DeGraw
Amped Status
10 May, 2010

As the Economic Elite continue their plunder, the people in Greece riot and the big banks score yet another big blow against the people of the United States.

I: Democracy Vs. Oligarchy: Lessons from History
II: The Second Civil War: Financial Reform 2010
III: Financial Terrorism Operations: 9/29/08 & 5/6/10
IV: Economic Imperialism and Blowback
V: Propagandized in America
VI: Save Yourself and Take Action

Democracy throughout the world is under attack. Many people can make the argument that our democracy here in America is only an illusion, but even the illusion of democracy is crashing down. Tragedies are currently playing out across the world on an epic scale. Unprecedented economic and environmental catastrophes have become the norm. Billions of people, the overwhelming majority of humanity, have been sentenced to a slow death due to a concentration of wealth and resources within the humanity’s economic top 0.5%. Ultimately, short-sighted greed has proven to be humanity’s most severe disease.

[…]

via The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States

***

High Frequency Terrorism: How the Big Banks and Federal Reserve Maintained Their Death Grip Over the United States

By David DeGraw & Max Keiser
Amped Status
10 May, 2010

The following article is the third-part of a six-part report titled: “The Financial Oligarchy Reigns: Democracy’s Death Spiral From Greece to the United States.”

III: Financial Terrorism Operations: 9/29/08 & 5/6/10

In the aftermath of Goldman Sachs’ public flogging before the world in Congress, and while under investigation, on the very day that Congress was voting on the “break up the too big to fail banks” amendment and cutting behind the scenes deals to gut the audit of the Federal Reserve, the stock market had its greatest sudden drop in history, plummeting 700 points in ten minutes – shades of September 29, 2008 all over again.

If you recall, back in September ‘08, as Congress was voting down the first bailout, the big banks made the market plunge a record 778 points in one day, fear and panic then led Congress to pass the bailout. Trillions of our tax dollars, the money that we desperately need to keep our society functioning over the long run, then went out the window and into the pockets of the very people who caused the crash.

What happened on September 29, 2008 will go down in history as one of the greatest acts of terrorism ever.

[…]

via High Frequency Terrorism: How the Big Banks and Federal Reserve Maintained Their Death Grip Over the United States

from the archives:

How the SEC and Congress Can Bring Down Goldman Sachs and Expose the Financial Coup By David DeGraw

Computerized Front Running by Dr. Ellen Brown