Interest Rates Are Manipulated
Interest rates are rigged:
- The big banks have conspired for years to rig interest rates … upon which $800 trillion in assets are pegged [9]
- This was the largest insider trading scandal ever [10] … and the largest financial scam in world history [11]
- Local governments got ripped off bigtime [12] by the Libor manipulation
- Libor is still being manipulated [13]
Derivatives Are Manipulated
The big banks have long manipulated derivatives [14] … a $1,200 Trillion Dollar market [15].
Indeed, many trillions of dollars of derivatives are being manipulated in the exact same same way [16]that interest rates are fixed: through gamed self-reporting [17].
Currency Markets Are Rigged
Currency markets are massively rigged [18].
Commodities Are Manipulated
The big banks and government agencies have been conspiring to manipulate commodities prices for decades [19].
The big banks are taking over important aspects of the physical economy, including uranium mining, petroleum products, aluminum, ownership and operation of airports, toll roads, ports, and electricity [20].
And they are using these physical assets to massively manipulate commodities prices … scalping consumers of many billions of dollars each year [21].
Gold and Silver Are Manipulated
The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be [22].
Oil Prices Are Manipulated
Oil prices are manipulated as well [23].
Everything Can Be Manipulated through High-Frequency Trading
Traders with high-tech computers can manipulate stocks [24], bonds, options, currencies and commodities [25]. And see this [26].
Manipulating Numerous Markets In Myriad Ways
The big banks and other giants manipulate numerous markets in myriad ways [27], for example:
- Engaging in mafia-style big-rigging fraud against local governments. See this [28], this [29] and this [30]
- Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here [31], here [32], here [33], here [34], here [35], here [36], here [37], here [38], here [39], here [40], here [41] and here
- Charging “storage fees” to store gold bullion … without even buying or storing any gold [42]. And raiding allocated gold accounts [43]
- Committing massive and pervasive fraud both when they initiated mortgage loans and when they foreclosed on them [44] (and see this [45])
- Pledging the same mortgage multiple times to different buyers. See this [46], this [47], this [48], this [49] and this [50]. This would be like selling your car, and collecting money from 10 different buyers for the same car
- Cheating homeowners [51] by gaming laws meant to protect people from unfair foreclosure
- Pushing investments which they knew were terrible, and then betting against the same investments to make money for themselves. See this [52], this [53], this [54], this [55] and this [56]
- Engaging in unlawful “frontrunning [57]” to manipulate markets. See this [58], this [59], this [60], this [61], this [62] and this [63]
- Engaging in unlawful “Wash Trades” to manipulate asset prices. See this [64], this [65] and this [66]
- Charging veterans unlawful mortgage fees [72]
- Cooking their books [73] (and see this [74])
The Big Picture
The big picture is simple:
- The big banks manipulate every market they touch
- Too much interconnectedness leads to financial instability [77]
- The government has given the banks huge subsidies [78] … which they are using for speculation [79] and other things [80] which don’t help the economy. In other words, propping up the big banks by throwing money at them doesn’t help the economy
- Top economists, financial experts and bankers say [81] that the big banks are too large … and their very size is threatening the economy. They say we need to break up the big banks [82] to stabilize the economy
Get it? Break up the big banks, or they will continue to take over and manipulate more and more of the economy … increasing their profits while making everyone else poorer.