MIDDLE CLASS ON HOOK FOR KERRY-SAUDI-BANKSTER OIL SCAMS = TO DESTROY RUSSIA!
“Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives” By Ellen Brown (author of 12 books including best-seller Web of Debt and her newest is The Public Bank Solution), Global Research, Dec 20, 2014
BANKSTERS BET USING OIL DERIVATIVES! = Completely unanticipated and outside the predictions OF ALL COMPUTER MODELS = OIL Market Manipulated
Manipulating markets anywhere is illegal – unless you are a central bank or a federal government, in which case you can apparently do it with impunity.
OIL SHOCK = $50 drop in the price = Article by Larry Elliott in the UK Guardian titled “Stakes Are High as US Plays the Oil Card Against Iran and Russia.”
KERRY DID IT WITH SAUDI DICTATORS WHO BEHEAD! = Now, Larry Elliott says the oil card is being played to force prices lower = John Kerry allegedly struck a deal with King Abdullah in September under which the Saudis would sell crude at below the prevailing market price. Despite turmoil in Iraq would normally have caused price to rise. Saudis Pressure Iran and Syria = Force Moscow to weaken its support for the Assad regime in Syria.
LONDON + WALL STREET = SUDDEN DRAMATIC OIL PRICE DROP of $50
LONDON + WALL STREET = Act of Geopolitical Warfare Against Russia and Iran administered by the Saudis (History of 4 FOLD MANIPULATION in 1973)
AIPAC-WALL STREET OWN AND OPERATE CONGRESS! = BANKSTERS BEST COMMODITIES BET IS OIL DERIVATIVES! = Recent drop in the price of oil by over $50 a barrel – a drop of nearly 50% since June = OUT OF NOWHERE!
LONDON + WALL STREET = Result in $Trillions in Oil Derivative Losses with USA MIDDLE CLASS TAXPAYERS LIABLE FOR LOSSES = Repeal of key portions of Dodd-Frank Act a WEEK OR SO AGO!
Senator Elizabeth Warren charged Citigroup with “holding government funding hostage to ram through its government bailout provision.”
MIDDLE CLASS SCAM = A section of USA omnibus bill FORCES TAXPAYERS TO ONCE AGAIN BAILOUT WALL STREET CROOKS with the Lincoln Amendment to the Dodd-Frank Act.
WARREN +MAXINE WATERS = Came close to killing the RIPOFF BILL BUT TIDE TURNED when Jamie Dimon, CEO of JPM + Obama lobbied lawmakers
AIPAC-WALL STREET OWN AND OPERATE CONGRESS! = Jamie Dimon, JPM intervened TO PULL LAWMAKERS STRINGS!
FACT: The CITIGROUP Amendment wasn’t nearly as strong as BANKSTERS’ LOBBYISTS WANTED = NOT all risky instruments were COVERED by Middle Class Taxpayers.
FACT: The CITIGROUP AMENDMENT applies to 5% of BIG BANKSTERS’ Derivatives Scams = NAMED “ODDLY and COVERTLY” “the Lincoln Amendment”
FACT: Dodd-Frank “to protect the American taxpayer by ending bailouts.” But it does this through “bail-in”: authorizing “systemically important” too-big-to-fail banks to expropriate the assets of their creditors, including depositors. Under the Lincoln Amendment, however, FDIC-insured banks were not allowed to put depositor funds at risk for their bets on derivatives, with certain broad exceptions.
AIPAC-WALL STREET OWN AND OPERATE CONGRESS! = “Banks Get To Use Taxpayer Money For Derivative Speculation.” — Chriss W. Street
AIPAC-WALL STREET OWN AND OPERATE CONGRESS! = 5% of the $280 Trillion Derivatives scams (or $14 Trillion = ALMOST USA NATIONAL DEBT) are primarily held by JPM + BofA + CITICORP
Goldman + Morgan Stanley = Conduct derivatives activity outside of their bank subsidiaries AS neither actually had commercial banking operations.
AIPAC-WALL STREET OWN AND OPERATE CONGRESS! = BANKSTERS can leverage cheap FED money into $10 Trillion of derivative speculation = TBTF banks’ most profitable GAMBLING FOR LOOT.
Interest rate swaps = 82% of the derivatives market = can be controlled as FED sets the prime rate to maintain the stability of the BIG BANKSTER system.
AIPAC-WALL STREET OWN AND OPERATE FED RESERVE! = FED dropping the prime rate nearly to zero, a major windfall for the derivatives banks to GAMBLE!
AIPAC-WALL STREET OWN AND OPERATE USA GOV = War on the Ruble using OIL MANIPULATION = Ruble dropped 60+% against the dollar since January = 17% interest in Russia.
GOOD NEWS = Short squeeze on the short sellers attempting to crash the ruble. But the short squeeze worked only briefly, as trading in the ruble was quickly suspended, allowing short sellers to cover their bets. = AIPAC-WALL STREET has the power to shut down the currency exchange. = SAVED EXPLOITING short sellers.
GOOD NEWS = MASSIVE Derivatives BANKSTERS will still get killed if oil prices don’t go back up soon = BUT BAD NEWS IS USA MIDDLE CLASS IS ON THE HOOK NOW TO BAIL OUT THE CRIMINALS! = THANKS OBAMA AND AIPAC-WALL STREET OWNED AND OPERATED CONGRESS! = KERRY-SAUDI SCAM!
AIPAC-WALL STREET OWN AND OPERATE CONGRESS! = AMERICANS are still at the mercy of the biggest banksters = NO Glass-Steagall Act
Liz Warren wants GLASS-STEAGALL BACK to stop the SCAMS AND RIPOFF OF 99+% OF AMERICANS!
PROTECT AMERICANS FROM THESE CRIMINALS = Use state and local publicly-owned banks = MOVE OUR Monies, public and private, into them.