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Understanding the Banking Cartel
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[quote:No Dhimmi:MV8xOTkwODc2XzMzNzQyMDgzXzQyMDZDRTI3] Via a ZeroHedge piece, the exchanges, led by the Chicago Mercantile Exchange with the New York Stock Exchange and NASDAQ right behind, will never, ever, ever do ANYTHING to stop the High Frequency Trading (computers trading in and out in milliseconds which have destroyed the markets) because they are making a massive percentage of their money off of the HFT trades, most of which are illegal, made possible by illegal order placement and illegal under-margining by HFT firms. Karl Denninger laid it all out in an excellent post earlier this morning,HFT: STILL DANCING AROUND THE ISSUE With each passing day as more and more human beings realize that the markets are not only dead from a Rule of Law perspective, but also because the HFTs are prison raping anyone and everyone they can and the Exchanges happily facilitate and encourage this raping of the Muppets (that's you), the percentage of the Exchanges' revenue that is coming from HFT is increasing on an exponential curve. Bottom line: The HFTs are, for all intents and purposes, all that the Exchanges have left, and they will cling to them, protect them and enable them until the system finally goes no-bid and implodes instantly and catastrophically because these people are all evil, batshit crazy psychopaths. Terry Duffy will never surrender for exactly the same reason Hitler didn't surrender. If you are still in or exposed to the markets in any way, you are basically swinging on a star that is going to go supernova and then implode into a black hole AT ANY MOMENT. There is no going back. The outcome is an absolute mathematical and metaphysical certainty. You can't stop a supernova. The Exchanges can not be saved. You have to get out and get as far away from the blast as possible, and then just hope that you don't get sucked into the resulting black hole anyway. http://www.barnhardt.biz/ [/quote]
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While at the Casey Summit, Future Money Trends had the pleasure of meeting and interviewing legend in the freedom movement G. Edward Griffin who is the author of the book
"The Creature from Jekyll Island"
:Corzine and Obam:
:Bernak is money :
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