Banking Corruption Continues

Spain unlike the United States indicts bankers for criminal behavior.

Spain is the home of the M15 movement which set a precedent in achieving a criminal indictment against the head of Bankia and former head of the International Monetary Fund, Rodrigo Rato.

He could end up serving six years behind bars. The attorney general of Spain stated that, “This is just the beginning." This suggests that more criminal indictments may follow.

The M15 movement, patterned after the Occupy Wall Street movement, was the catalyst that ignited a firestorm. Their ranks were swelled by all sectors of Spanish society. Their popular slogan is “Real Democracy Now” and it appeared across the land. The movement’s strength lies in its broad base and an awakened political consciousness that is demanding transparency and accountability from the banking and political elites.

Does all of this sound familiar? It is, in that the same predatory, illegal activities practiced by Spain’s banking community were instrumental in the collapse of the US banking system and the resultant taxpayer bail out. Toxic assets were foisted on to the world market, especially in the guise of subprime mortgages. As recently demonstrated by J.P. Morgan Chase, the banking community has not been chastened and Wall Street continues its questionable practices.

In the U.S., unlike Spain, there have been no significant indictments of those Wall Street titans that direct the six financial conglomerates which control most of the country’s wealth. And until criminal indictments come down, there will be little or no change from the banking community or from the best Congress that money can buy. As in Spain, we the people must demand “Real Democracy Now” which encompasses transparency and accountability from the Wall Street titans.

Don Torrence

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Jello July 19, 2012 at 03:33 PM
Wait....you won't believe this. "A recent CNBC clip in which financial analysts admit to viewers that America is under the control of a group of central bankers who are building a world government is a damning insight into how the establishment has dispensed with any pretense of trying to hide their agenda as it is finalized." "During the video, the host asks guests, “Do we all work for central bankers – is this global governance at last – is it one world – the central bankers in charge….aren’t we all just living and dying for what the central banks do?” Bankers Declare U.S. & Europe Conquered http://www.infowars.com/bankers-declare-u-s-europe-conquered/ The regulators, the politicians, the banksters, the governments are all in this together, so good luck with getting the demands of arrests and jail time met any time soon.
Jello July 20, 2012 at 03:22 PM
Ninety Miles An Hour Down a Dead End Street Posted by Ann Barnhardt - July 12, AD 2012 11:39 AM MST "People are emailing asking what firm I recommend. NONE. GET OUT. GET OUT. GET OUT. GET OUT. GET OUT. GET OUT. GET OUT. GET OUT. GET OUT. The ENTIRE SYSTEM is totally, completely corrupt and therefore NO FIRM IS SAFE. Don't be stupid. Don't be obtuse. Snap yourself out of the Stockholm Syndrome that you are clearly stuck in. Get ALL MONEY out of the ENTIRE FINANCIAL SYSTEM, including stocks, bonds, retirement accounts, futures, EVERYTHING. But what about . . . What part of EVERYTHING are you not comprehending? One. More. Time. If you can't touch it, if it isn't physically on your property such that you can stand in front of it with an assault rifle and PHYSICALLY defend it, you don't own it, and it could be confiscated/stolen from you at any time, if it ever actually existed at all. " http://barnhardt.biz/ What she said.
Jason July 20, 2012 at 03:37 PM
Watch out Roseann....linking to the evil zerohedge and infowars...you are asking for it...
Jello July 20, 2012 at 03:46 PM
Be afraid, be very afraid. But Barnhardt is right. www.zerohedge.com REFRESH
Jello July 20, 2012 at 03:53 PM
What Bernanke Is Likely To Do—And Why You Should Be Worried Read more: http://brucekrasting.blogspot.com/2012/07/bernanke-post-schumer-gaff.html#ixzz21B8FwHCO www.businessinsider.com www.maxkeiser.com


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