The Vampire Squid Strikes Again: The Mega Banks’ Most Devious Scam Yet
Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever
http://www.rollingstone.com/politics/news/the-vampire-squid-strikes-again-the-mega-banks-most-devious-scam-yet-20140212
I wrote earlier about Matt’s article detailing the aluminum manipulation, this is more or less a continuation that looks at the other commodities that are being jerked around. If it were only investor dollars (as opposed to hundreds of billions of taxpayer dollars; but of course, the taxpayer won’t get any of the return!) at least it would be OK when the house of cards came down, but now that the too big to jail companies are doing it, not only will they be bailed out yet again with even more taxpayer dollars (privatized reward, but the public pays for all the risk), but the global economy will take a huge hit as well. All part of the looming apocalypse that is going to dick us all in the ass in the not-to-distant future (if I could only predict correctly it this time, dammit; I saw the housing implosion coming but my efforts to take advantage of it were horribly timed), better make sure you have fuel for your generator (you did get a generator, didn’t you?) and canned food stockpiled!
