Mr. Ratigan, again, says it like it is. Elliot Spitzer - one of his guests on this broadcast - complitented Ratigan on his overview of the "man made hurricane" created by those being questioned including our pal, Lloyd Blankfein, CEO of Goldman Sachs.
This is a Ratigan piece that aired on July 24, 2009, which puts the actions of the banks into perspective. It is worth the view to understand what happened and compare it to the testimony given at the FCIC hearings.
Let's sum it up. There was massive fraud and criminal activity for self enrichment led by the very people that testified at the FCIC hearings. Leading the cartel and earning the most amount of money over the past three years was Lloyd Blankfein.
There are reports that the FBI is investigating over 2800 people for mortgage fraud but no mention of the greatest conspiracy to defraud "the world" by these group of banksters. It is obvious and apparent that what they did was criminal and many in and out of our government were complicit in all of this. However, nothing seems to be done and no actions are taken. These banksters are allowed to continue "business as usual" paying themselves even more hundreds of millions while the nation and the people they care not about are continuing to spiral downward.
I believe that this "circus" of hearings and investigations is no more then window dressing to appease the American people. While I have always believed that one is "innocent" until proven guilty there has been enough "guilt" evidenced and proven beyond a shadow of a doubt (see Zamanta related articles below). We are living in the "proof" of this guilt on a daily basis.
The question is then again raised - as has been raised many times over the past couple of years - just how much control do these banksters have on our government, our society and on each of us individually?
Are these men in control and are there others - internationally - that we do not see or hear about involved in this massive fraud and ponzi shceme? Could it be that these banksters we continue to interrogate are no more then lieutenants in a very large international criminal organization whose purpose it is to control the world? The "New World Order" Bush 1 talked about seems to be coming into reality.
We must Wake UP before it is too late. We have the power but we must also have the will. Unemployment figures continue to be staggering, homelessness increasing and foreclosures anticipated to rise even more then before.
Hearings like this weeks by the FCIC without actionable results are meaningless. They have until December of this year to come out with their findings. I fear that will be too little too late.
There was an old saying I learned many years ago, "If it is to be, it is up to me".
GoldmanSachs666 Message Board
According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage". In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia