Crash JP Morgan Buy Silver – Growing Economic Guer

[EmptyTimCup]

Crash JP Morgan Buy Silver – Growing Economic Guerrilla War to Crash Bank With Silver Bullets

Why do so many people want to crash J.P. Morgan-Chase Bank? Well, much of the angst stems from the office of JPM’s head of global commodities, Blythe Masters. She rose to power by pushing the creation of those nasty Credit Default Swaps. Remember them? Those CDS contracts that were used by banks like JPM and Goldman Sachs to make billions off of mortgage-back securities that were essentially worthless? They had a great deal to do with the economic Crash of 2008 and all of the misery that has since followed.

Who is behind this effort to crash J.P. Morgan-Chase? A whole lot of ‘little people’, as the head of BP would say. While not an official leader of the movement, my favorite financial guru, Max Keiser, is certainly among those advocating for this plan of assault. For years now, especially the past two, Max has been accusing the banking elite, such as JPM and Goldman Sachs, of ‘financial terrorism’. Indeed, the sudden collapse of Greece appears to be directly related to manipulation by Goldman Sachs. California, and other U.S. states, were largely enabled by banks like J.P. Morgan-Chase to run up massive deficits and become hostages, supported by the thinnest of financial threads.

Why use silver to crash J.P. Morgan? For years, JPM has been very active in manipulating commodities markets. Testimony by financial whistler-blower Andrew MacGuire points a finger directly at JPM for manipulating the silver market on the COMEX. The problem that JPM has is that they are vulnerable, as they have issued more contracts for silver futures than they have physical holdings. So, buy millions of ordinary people purchasing even small amounts of physical silver, which is in short supply, JPM will be unable to cover their positions.

 

[Aerogal]

I do my part

 

[itsbob]

So Greece's collapse sits solely on JP Morgan and had nothing to with their socialist government and their government supplying their populace with wvry social program known to man with no way to pay for it? Whew what a relief. I feel better about Obamacare now!

 

[Larry Gude]

So Greece's collapse sits solely on JP Morgan and had nothing to with their socialist government and their government supplying their populace with wvry social program known to man with no way to pay for it? Whew what a relief. I feel better about Obamacare now!

Well, OK, so, socialism might have had a little to do with it, too.

The thing that totally gets left out of these stories is that Wall Street operates UNDER the rules of the federal government. The community reinvestment act plus repeal of Glass/Steagal plus the SEC simply not having the power, or support, to address rules on things like margins and reserves, the risk factors associated with CDS, etc, that is where the story lies.

 

[Pushrod]

Your correct Larry, culpibility lies with many parties, especially the government that was suppose to be protecting us (in their words), but instead were making themselves and their cronies rich off of our backs. I think some of that culpibility lies on us also. We should have all seen what was going on and been screaming loud to overturn that legislation that enabled this and to do away with the GSE's that were screwing the pooch and us.

 

[Larry Gude]

Your correct Larry, culpibility lies with many parties, especially the government that was suppose to be protecting us (in their words), but instead were making themselves and their cronies rich off of our backs. I think some of that culpibility lies on us also. We should have all seen what was going on and been screaming loud to overturn that legislation that enabled this and to do away with the GSE's that were screwing the pooch and us.

It does in that we have the final say in who we vote for. That said, there is supposed to be checks and balances, there is supposed to be the constitution. I mean, not to put too fine a point on it but, these people do still swear an oath to preserve and defend it, yes?