Wednesday, August 07, 2013

Crimes Against Humanity - JP Morgan, Glencore, Goldman Sachs And The London Metals Exchange Sued For Aluminum Hoarding And Manipulation

When does the suit come for manipulating foodstuffs traded on the futures exchanges that created death and misery for the world’s most impoverished?  Or the manipulation of natural gas, petroleum, gold, etc. 

Isn’t it ironic that the British and American governments are silent while civil suits are brought by industrial corporations and individuals who were harmed by the actions of our governments that succumbed to bribery and corruption to allow this to happen in the first place.  These should be criminal suits.  Banks?  Hoarding commodities to create artificial shortages?  Then their trading desks using massive derivatives leverage to run the prices to the moon so that not only do they create financial windfalls but they extort industrial consumers, countries and citizens of the world with higher purchase prices.   This is Enron.  Period.  Actually it’s magnitudes worse.  It involves trillions upon trillions of dollars and crimes against the human race.   

These are crimes against humanity and should be tried at The Hague.  And the plaintiff is the human race.  The defendants should be politicians and bankers from the U.S., Britain and Switzerland.  (Moochers, looters and parasites)  The crimes?  How about murder, starvation, poverty, bribery, racketeering, homelessness, mental anguish and torture, misery, loss of wages, loss of jobs, loss of economic opportunity, loss of human dignity…..  That’s a start.   Remember, I said one day someone might figure out how to prosecute Wall Street through racketeering laws.  That may not happen but that’s what these lawsuits are really about.  Criminal rackets in collusion to illegally extort mafioso rent.   La Cosa Nostra would blush at Wall Street’s rip off schemes.  Truly. 

Are you ready for public banking that is out of the reach of politicians?  Whose primary intent would be serving human development and democracy?

JP Morgan and Glencore sued  (The firm Marc Rich started.  You know, the top ten FBI most wanted criminal that Bill Clinton pardoned.  What did good ole Billy get in return?  He’s made $250 million since by leveraging his crony rolodex.  A life-long politician with no business experience or skills.  Coincidence?)

Goldman Sachs and London Metals Exchange suit.

posted by TimingLogic at 8:11 PM

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