Sunday, December 12, 2010

The Game is Rigged But You Already Knew That, Right?

 

The Mafia and Vegas, to me, are far more honest entities then the banking system we are saddled with. At least those guys are up front in extracting money from us while the Fed and the Wall Street Banks work behind the scenes in secret doing the same exact thing while posing as "model" businesses helping to make America great.

"On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.


The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential."

End result...


At least if I were playing black jack or roulette, I could see what I was betting against. With this, there's no chance. Reminds me of the Deer Hunter if you ask me.

Addendum: Check out this Zero Hedge piece to get more info on the cabal running this deal. At the very least, one will realize how the market is played, Goldman style.
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