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	<title>Comments on: Megabanks: The Banking Oligarchy That Controls Assets Equivalent To 60 Percent Of America&#8217;s GNP</title>
	<atom:link href="http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/feed" rel="self" type="application/rss+xml" />
	<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp</link>
	<description>Are You Prepared For The Coming Economic Collapse And The Next Great Depression?</description>
	<lastBuildDate>Tue, 22 May 2012 02:35:37 +0000</lastBuildDate>
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		<title>By: 29 Amazing Stats Which Prove That The Rich Are Getting Richer And The Poor Are Getting Poorer &#124; Sovereign Independent</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-88248</link>
		<dc:creator>29 Amazing Stats Which Prove That The Rich Are Getting Richer And The Poor Are Getting Poorer &#124; Sovereign Independent</dc:creator>
		<pubDate>Fri, 02 Dec 2011 20:25:58 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-88248</guid>
		<description>[...] Chase, Citigroup, Bank of America, and Wells Fargo) now control assets equivalent to approximately 60 percent of America&#8217;s gross national [...]</description>
		<content:encoded><![CDATA[<p>[...] Chase, Citigroup, Bank of America, and Wells Fargo) now control assets equivalent to approximately 60 percent of America&#8217;s gross national [...]</p>
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		<title>By: Jayster MTL</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-6327</link>
		<dc:creator>Jayster MTL</dc:creator>
		<pubDate>Tue, 06 Jul 2010 03:22:36 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-6327</guid>
		<description>Jefferson was right. And not only in the era of accumulating financial power, but even more-so now. We have been alienated by our corrupt governments and financial institutions more than ever, and it&#039;s time to stop it. One day, we will look back at the world we live in today, and laugh at the intolerance of our system. They say &quot;the party is over&quot;... oh no, my friends, the party has just begun. And it&#039;s about to get ugly. We are still the people, hence we are still the power. Remember that.</description>
		<content:encoded><![CDATA[<p>Jefferson was right. And not only in the era of accumulating financial power, but even more-so now. We have been alienated by our corrupt governments and financial institutions more than ever, and it&#8217;s time to stop it. One day, we will look back at the world we live in today, and laugh at the intolerance of our system. They say &#8220;the party is over&#8221;&#8230; oh no, my friends, the party has just begun. And it&#8217;s about to get ugly. We are still the people, hence we are still the power. Remember that.</p>
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		<title>By: Rickyd</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-2913</link>
		<dc:creator>Rickyd</dc:creator>
		<pubDate>Sat, 08 May 2010 17:58:43 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-2913</guid>
		<description>The Baby Boomer is right and I was told all about this &quot;conspiracy of the Federal Reserve&quot; seventeen years ago and thought the guy was nuts, but I believe him now!</description>
		<content:encoded><![CDATA[<p>The Baby Boomer is right and I was told all about this &#8220;conspiracy of the Federal Reserve&#8221; seventeen years ago and thought the guy was nuts, but I believe him now!</p>
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		<title>By: Rickyd</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-2912</link>
		<dc:creator>Rickyd</dc:creator>
		<pubDate>Sat, 08 May 2010 17:53:41 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-2912</guid>
		<description>This article is so right and I really didn&#039;t think they were going to make their move to takeover this quick, but it looks that way and the American people will continue to lose their wealth and economic position until we have had enough. Jefferson was so right and he tried to stop them and did, but Wilson let the fox back in the hen house and now we have to go after the fox and apparently we don&#039;t have the elected officials to do it, so vote the ones who don&#039;t support reform out and limit all terms to eight years.</description>
		<content:encoded><![CDATA[<p>This article is so right and I really didn&#8217;t think they were going to make their move to takeover this quick, but it looks that way and the American people will continue to lose their wealth and economic position until we have had enough. Jefferson was so right and he tried to stop them and did, but Wilson let the fox back in the hen house and now we have to go after the fox and apparently we don&#8217;t have the elected officials to do it, so vote the ones who don&#8217;t support reform out and limit all terms to eight years.</p>
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		<title>By: GardenSERF</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-2487</link>
		<dc:creator>GardenSERF</dc:creator>
		<pubDate>Thu, 29 Apr 2010 11:30:25 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-2487</guid>
		<description>And Capitol Hill just finished its hearings into the financial scandal without a single federal arrest warrant being issued for fraud against anyone.  Talk about a useless theatrical performance...</description>
		<content:encoded><![CDATA[<p>And Capitol Hill just finished its hearings into the financial scandal without a single federal arrest warrant being issued for fraud against anyone.  Talk about a useless theatrical performance&#8230;</p>
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		<title>By: BillK</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-2475</link>
		<dc:creator>BillK</dc:creator>
		<pubDate>Wed, 28 Apr 2010 20:03:13 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-2475</guid>
		<description>These banks that now have the power to bring  down countries.......

Greece interest payments are now more than its GDP. So the IMF giving (lending!) Greece money for them in turn to give to the banks is only postponing the crisis for a year.

Greece has a choice. Does the nation go bankrupt or do the banks go bankrupt?  The Greek people rioting in the streets will answer that question.

Then Portugal, Spain, Italy, Ireland will have to make the same decision.

These megabanks will be bankrupted and nationalised. Then a new banking system will arise from the ashes.</description>
		<content:encoded><![CDATA[<p>These banks that now have the power to bring  down countries&#8230;&#8230;.</p>
<p>Greece interest payments are now more than its GDP. So the IMF giving (lending!) Greece money for them in turn to give to the banks is only postponing the crisis for a year.</p>
<p>Greece has a choice. Does the nation go bankrupt or do the banks go bankrupt?  The Greek people rioting in the streets will answer that question.</p>
<p>Then Portugal, Spain, Italy, Ireland will have to make the same decision.</p>
<p>These megabanks will be bankrupted and nationalised. Then a new banking system will arise from the ashes.</p>
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		<title>By: Fractional Reserve</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-2466</link>
		<dc:creator>Fractional Reserve</dc:creator>
		<pubDate>Wed, 28 Apr 2010 06:12:53 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-2466</guid>
		<description>What banks have got that the rest of us don&#039;t is the legal authority to create money. This means they control the money supply. Everything else in an economy is dependent upon their being that supply. That&#039;s the main problem with banks.

BB</description>
		<content:encoded><![CDATA[<p>What banks have got that the rest of us don&#8217;t is the legal authority to create money. This means they control the money supply. Everything else in an economy is dependent upon their being that supply. That&#8217;s the main problem with banks.</p>
<p>BB</p>
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		<title>By: Matt</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-2447</link>
		<dc:creator>Matt</dc:creator>
		<pubDate>Tue, 27 Apr 2010 13:17:54 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-2447</guid>
		<description>Jefferson was right!</description>
		<content:encoded><![CDATA[<p>Jefferson was right!</p>
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		<title>By: Baby Boomer</title>
		<link>http://theeconomiccollapseblog.com/archives/megabanks-the-banking-oligarchy-that-controls-assets-equivalent-to-60-percent-of-americas-gnp/comment-page-1#comment-2435</link>
		<dc:creator>Baby Boomer</dc:creator>
		<pubDate>Mon, 26 Apr 2010 21:33:45 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=433#comment-2435</guid>
		<description>Let&#039;s put a name on them:

Rothschild Bank of London
Rothschild Bank of Berlin
Warburg Bank of Hamburg
Warburg Bank of Amsterdam
Lazard Brothers of Paris
Israel Moses Seif Banks of Italy
Chase Manhattan Bank of New York
Goldman, Sachs of New York
Lehman Brothers of New York
Kuhn Loeb Bank of New York 

In 1809, when the bankers were attempting to wrap their greasy tentacles around the nation, Thomas Jefferson wrote:

&quot;I believe that banking institutions are more dangerous to our liberties than standing armies ... If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] ... will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered ... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.&quot;

It is more than homelessness. It is the planned destruction of the nation. Nothing going on now is accidental. It is all planned, it is the engineered destruction of the greatest country in the history of the world. 

Now they will have a little dog and pony show, a show hearing for Goldman Sachs to assuage the public. Goldman will get a little slap on the hand and be made to pay some niggling fine that will be something like a millionaire buying a bag of peanuts. All for show. Nothing will change. We&#039;re all destined to be slaves unless we rise up. 

They&#039;ll sell us their &quot;financial reform&quot; and &quot;consumer protection&quot; bill. It will be sold like the Federal Reserve act was, as protection for the little guy when in fact it will tighten the chains of slavery. These guys are master magicians. 

Most of us are none the wiser. These master criminals even like to rub our face in it. They put Dylan Ratigan on MSNBC and he tells it like it is. MSNBC is owned by Microsoft and General Electric, two transnational leviathans. 

Do you think they know something we don&#039;t? Sure they do. We will be unable to do diddly squat about the situation. We&#039;re serfs already, slaves working on a corporate-fascist farm.

&quot;Will we continue to be enslaved by the Babylonian debt money system which was set up by the Federal Reserve Act in 1913 to complete our total destruction? This is the only question which we have to answer, and we do not have much time left to answer it,&quot; wrote Eustace Mullins in 1982. 

Sure, we have the Tea Party, but it is probably too late. Besides, the Tea Party movement was taken over by establishment Republicans owned by the banksters. It all went down so effortless. Too few people with scruples (and wits) to figure out what was going down. 

These guys are masters at co-opting the resistance. Money talks and... well, you know what walks. 

Get ready for the Babylonian debt money express now leaving on platform 3. 

You&#039;re presence is not required. It is mandatory.</description>
		<content:encoded><![CDATA[<p>Let&#8217;s put a name on them:</p>
<p>Rothschild Bank of London<br />
Rothschild Bank of Berlin<br />
Warburg Bank of Hamburg<br />
Warburg Bank of Amsterdam<br />
Lazard Brothers of Paris<br />
Israel Moses Seif Banks of Italy<br />
Chase Manhattan Bank of New York<br />
Goldman, Sachs of New York<br />
Lehman Brothers of New York<br />
Kuhn Loeb Bank of New York </p>
<p>In 1809, when the bankers were attempting to wrap their greasy tentacles around the nation, Thomas Jefferson wrote:</p>
<p>&#8220;I believe that banking institutions are more dangerous to our liberties than standing armies &#8230; If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] &#8230; will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered &#8230; The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.&#8221;</p>
<p>It is more than homelessness. It is the planned destruction of the nation. Nothing going on now is accidental. It is all planned, it is the engineered destruction of the greatest country in the history of the world. </p>
<p>Now they will have a little dog and pony show, a show hearing for Goldman Sachs to assuage the public. Goldman will get a little slap on the hand and be made to pay some niggling fine that will be something like a millionaire buying a bag of peanuts. All for show. Nothing will change. We&#8217;re all destined to be slaves unless we rise up. </p>
<p>They&#8217;ll sell us their &#8220;financial reform&#8221; and &#8220;consumer protection&#8221; bill. It will be sold like the Federal Reserve act was, as protection for the little guy when in fact it will tighten the chains of slavery. These guys are master magicians. </p>
<p>Most of us are none the wiser. These master criminals even like to rub our face in it. They put Dylan Ratigan on MSNBC and he tells it like it is. MSNBC is owned by Microsoft and General Electric, two transnational leviathans. </p>
<p>Do you think they know something we don&#8217;t? Sure they do. We will be unable to do diddly squat about the situation. We&#8217;re serfs already, slaves working on a corporate-fascist farm.</p>
<p>&#8220;Will we continue to be enslaved by the Babylonian debt money system which was set up by the Federal Reserve Act in 1913 to complete our total destruction? This is the only question which we have to answer, and we do not have much time left to answer it,&#8221; wrote Eustace Mullins in 1982. </p>
<p>Sure, we have the Tea Party, but it is probably too late. Besides, the Tea Party movement was taken over by establishment Republicans owned by the banksters. It all went down so effortless. Too few people with scruples (and wits) to figure out what was going down. </p>
<p>These guys are masters at co-opting the resistance. Money talks and&#8230; well, you know what walks. </p>
<p>Get ready for the Babylonian debt money express now leaving on platform 3. </p>
<p>You&#8217;re presence is not required. It is mandatory.</p>
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