King of the Financial Thieves

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King of the Financial Thieves

Written By: Bob Chapman
4-2-2008
Categorized in: ECONOMY

"You shall be in charge of preventing all financial thievery in the kingdom," declared Hanky Panky Paulson, former chief henchman for the King of Insider Trading, the evil, conniving, Illuminist investment bank and brokerage firm called Goldman Sachs, to the King of Financial Thieves, the diabolical, nongovernmental, private bank known as the Federal Reserve, whose chief henchman is Fed Head Helicopter Ben Bernanke. And you can bet that the King of Financial Thieves will do just that and prevent as much financial thievery as possible, save, of course, for the frauds and thieveries which its own henchmen commit. After all, we could not have any competition of that nature now could we? What better way could there be to get rid of all the other thieves plaguing the system? It only makes sense, since that leaves more illicit profit for the King of Financial Thieves and its main henchman, the King of Insider Trading. And what did you expect the former chief henchman of the King of Insider Trading, currently on loan to us as our Prince of the Treasury, to say? Did you expect him to say something stupid like: "the government will now have a special agency to oversee the Fed and all of its member banks, as well as all of the other banks, investment banks and brokerage houses, to make sure that none of those institutions are allowing our citizens to be victimized by the commission of any devious, unscrupulous frauds or by encouraging such criminal enterprises through the lack of regulation and transparency." Isn't this the same Hanky Panky who thought we could have so-called "self-regulation?" Well, obviously that did not work, which even the arrogant Hanky Panky would have to admit, but he won't anyway.

So instead, let's turn it all over to the King of Financial Thieves which allowed and encouraged all of our past and current problems to happen in the first place, ad nauseam, over the course of almost a century, in order to rob us of our sovereignty so we can all have a One World Party. Yeah, that's the ticket! Never mind that the King of Financial Thieves is a private institution run by unelected master thieves who run our government from behind the scenes. Never mind that the main reason for the credit-crunch and subprime debacles occurred because the King of Financial Thieves has already failed the first time around to regulate its own henchmen and all the other thieves on Wall Street. Never mind that the King of Financial Thieves just orchestrated an act of corporate piracy against Bear Stearns by coordinating a run on its assets, threatening its ratings and then guaranteeing $30 billion of non-recourse loans to the King's main shareholder, JP Morgan, so that Bear could be bought out and raped with a few dregs left over for shareholders while corporate officers got to keep all their billions in bonus money in return for transferring 39.5% of Bears outstanding stock in violation of NYSE rules to JP Morgan so they could vote against going bankrupt, all of which is totally illegal and was done, in all probability, almost exclusively at taxpayer expense.

And wouldn't it be silly to expect our Dumbo and Jackass government officials to do the regulating because such officials, as stupid and corrupt as they may be, are elected by the people? What a quaint idea it would be to actually have our own government regulating the financial industry. Oh, we forgot, to a certain extent it already does, we just hadn't noticed since they don't do anything but go after newsletter writers and small brokers and leave the real thieves alone. Even on the rare occasions when they actually do go after one of the real culprits, they just fine them for far less than was stolen, leaving them with a profit, and Heaven forbid the guilty should get any jail time. Crime does pay when you own the system. So what difference does it make, we suppose, to have our government regulate the financial industry when the master thieves that run the Fed, the Illuminati, also run our corrupt and useless government anyway? But heck, forget about such foolishness, let's go back to self-regulation again. Let's let the fox watch the hen house. Let's keep all those corrupt and compromised incumbents in office so the unelected master thieves can continue to run our government from the shadows. After all, this is America, so let's go ahead and give these evil reprobates a second chance to bankrupt our country. We forgive them. Let's just turn the other cheek and let bygones be bygones. (NOT!!!)

As so aptly demonstrated by his suggestion that we turn all regulation of our financial institutions over to the Fed, Hanky Panky Paulson has once again shown that he is the penultimate model for the typical Wall Street miscreant of the shameless variety. The gall of these people is both boundless and astounding! The arrogance of these reprobates and sociopaths surpasses even that of Satan, who has nothing on these woe begotten pirates, buccaneers, scalawags and scum-bag traitors who have destroyed our nation, and also themselves, with their profligate brand of Ponzi-scheming, shell-game-breeding greed and their insatiable lust for power. These people are nothing but financial vampires out to suck us all dry. It's time to break out the crucifixes and drive a stake through the heart of the head vampire, the Fed, and kill it off once and for all! Where is Van Helsing when you need him?

Note how Lehman Brothers has been able to raise $4 billion in capital and to take advantage of the Term Securities Auction Facility and the Primary Dealers Credit Facility initiated by the Fed to keep it from going under. Bear was never given these opportunities even though financially it was much stronger than Lehman Brothers. Why, we ask, was there a run on Bear Stearns assets but not on those of the much weaker Lehman Brothers? We'll tell you why. Bear, as a non-insider thorn in the Illuminist side, was forced out and cannibalized by its peers before it had a chance to recover. This is how insiders are allowed to survive and non-insiders are raped and wiped out or merged.

The past two weeks have been very telling in terms of the cartel's modus operandi. You always have to look at the big picture, and put together the clues to solve the manipulation puzzle. Remember that the cartel always carefully chooses the time and place of its battles so as to utilize its resources most efficiently. If we could get the dumb specs to do the same, gold would be north of $2,000 by now. Be that as it may, we wanted to make certain observations that we thought might be instructive with respect to the current correction in metals and commodities. Gold has still held above 870 and has snapped back to above 890, while silver held at 16.30 and has gone back over 17. Safe-haven, physical demand, which under the current terrifying financial and economic circumstances is simply relentless, has kept the metals from collapsing and will soon cause them to rally once again, only this time much more powerfully because everyone that missed the previous rallies is now buying in at bargain levels and will want to make up for lost time and profits. We see some very aggressive buying on the horizon as a result, and we also expect hedge funds that are fighting existential battles for their very survival to be extremely predatory. Most hedgies must either raise their capital ratios from profits, or suffer the consequences of forced de-leveraging from margin calls as their toxic waste continues to get devalued. By and large, the specs are in the same soup as the banks, investment banks and brokerage houses, and profits from precious metals and commodities are their version of Fed money and credit injections which are not available to them except indirectly from scared-to-lend banks and investment banks being fed by the Fed.

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