STEVE PIECZENIK TALKS

How to Destroy American Capitalism:

  Allow Goldman Sachs,   JP Morgan Chase, and Morgan Stanley to hoard commodities  [Aluminum, Copper, Steel] and Electrical Power  and then FORCE AMERICAN WORKERS/CONSUMERS TO PAY MORE FOR THEM!!!

Just as I thought we were about to slay an ugly beast  (or two) of ILLEGAL CRONY CAPITALISM,   it rears it’s horrific head in even more RAPACIOUS and DANGEROUS FORM!

The Triumvirate of Wall Street Gangsters have continued to fleece Main Street once again.   Not satisfied with egregious profits from the ill-deserved bank bailouts,   the three investment banks have continued to pervert federal laws and rob the American public of it’s hard earned money by manipulating the price of aluminum,  steel,  copper, electricity,  not only on the stock exchange but by buying up the warehouses where the commodities are stored and delaying shipment to end users as a way of adding still another premium price to a commodity.

The Executive Editor of the NYTimes,  Jill Abramson,  has exposed in last sunday's edition,  (article posted earlier) called “A Shuffle of Aluminum, But to Banks, Pure Gold”.    How Coca Cola  and we, consumers of cars,  electronics and other things that use aluminum have had to pay extra money for nothing more than the Goldman Sachs and the two other investment banks literally delaying the delivery of the aluminum just so they can make ever more profit than they had already made.

Let me quote this INVESTMENT BANKING PONZI SHCEME  from the article:
“Mount Clemens,  Michigan—Hundreds of millions of time a day,  thirsty Americans open a can of soda,  beer, or juice.  And every time they do it,  they pay a fraction of a penny more because of A SHREWD MANEUVER BY GOLDMAN SACHS [my emphasis] and JPMORGAN CHASE,  MORGAN STANLEY, [my additions] that ultimately costs CONSUMERS BILLIONS OF DOLLARS [my emphasis].

“The story of how this works begins in 27 INDUSTRIAL WAREHOUSES IN THE DETROIT AREA  [my emphasis. Remember “Detroit –the Bankrupt City?”]  where Goldman STORES ALUMINUM [my emphasis].   Each day a fleet of trucks shuffles 1,500-pound bars of the metal among the different warehouses.  Two or three times a day,  sometimes more, the drivers make the same circuits.   The load in one warehouse. They unload in another.   And then they do it again.”

  What this back-and-forth Goldman Sachs industrial dance does is to LENGTHEN THE STORAGE TIME OF ALUMINUM , COPPER , STEEL, etc. 

And this back-and-forth allows the OWNERS OF THE WAREHOUSES-- Goldman Sachs,  JP Morgan Sachs, and Morgan Stanley—TO INCREASE PRICES TO MANUFACTURERS, CONSUMERS,  AS “INCREASED RENT” FOR THE COMMODITIES.

  A tenth of a cent of an aluminum can is traced back to this illegal warehouse dance.   But multiply that amount by 90 BILLION ALUMINUM CANS CONSUMED BY THE UNITED STATES EACH YEAR—‘and add tons of aluminum used in things like cars, electronics, and house siding---‘

This EXTRA ILLEGAL TRIUMVIRATE INDUSTRIAL GAME COSTS US SUCKERS ---THREE BILLION DOLLARS EXTRA –FOR NOTHING!!!
  EXCEPT INCREASED ILLEGAL PROFITS FOR GOLDMAN,  JP MORGAN AND MORGAN STANLEY!!!

If you think these ROBBER VULTURES ONLY manipulate steel, copper, aluminum….think again!

  These Investment Bankers have bought up the farms,  oil wells and the actual assets that allow them to MANIPULATE BILLIONS OF EXTRA PROFITS IN OIL, WHEAT, COTTON, COFFEE.

Imagine a financial entity that creates an artificial instrument that allows the farmers to cover their losses in the cotton field with options,  shorts,  puts,  calls, etc.   But then the farmer has to contend with another “HIDDEN MANIPULATION” by the Triumvirate of Vultures of actually owning other farms,  agricultural supply companies that force the farmer to pay ever more for this cotton products.

We Americans are being constantly BAMBOOZLED,  ROBBED and MANIPULATED BY THE BIGGEST GANGSTERS OF ALL—GOLDMAN SACHS,  JP MORGAN CHASE, and MORGAN STANLEY on a continual basis, day in and day out.

Thanks to our President Obama who knows less finances than a ‘dope peddler’ on the streets of Bankrupt Detroit.   Example,  he praised Lloyd Blankfein and Wall Street as smart businessmen!   Next we have AG Erich Holder,  who has had incestuous relations with the biggest crooks like Mark RICH [HOLDER PERSONALLY DEFENDED RICH,  MAJOR COMMODITY SWINDLER  ON WALL STREET]  Same one that Bill Clinton pardoned after Mrs Rich made big donations to Democrats.   Yes, his wife,  Denise Rich hid $144 million US on Cook Island in the Pacific.   These sound more like gangsters than businessmen,  Mr President.

As an American entrepreneurs, business owners and citizens,  we should find all of this beyond reprehensible.   We must find ways to take down these investment banking house that are a MAJOR CANCER TO OUR CAPITALIST ECONOMY!

  I would take my money out of their banks and subsidiaries.

  I would create legal protests, marches, and social media ‘exposure’ that would compel these FINANCIAL VULTURES to RETURN BILLIONS OF OUR HARD EARNED DOLLARS DIRECTLY BACK TO THE AMERICAN CITIZENS.

 

I would force them to pay off the One Trillion Dollar Student Loan Debt.

  I would force them to BAIL OUT DETROIT for $18 BILLION DOLLARS.

  I WOULD FORCE THEM TO FUND THE HEALTH CARE PROGRAMS OF THOSE FIFTEEN PER CENT WHO CAN’T  FIND INSURANCE.

  In other words, I would force this cancer to cease or desist or we , the people, will ELIMIMATE THEM PEACEFULLY.

  Please don’t even count on YOUR LAZY CORRUPT LEGISLATORS—THEY ARE BEYONG PATHETIC. 

 

THESE LEGISLATORS ARE PART AND PARCEL OF  THIS WALL STREET CANCER.

AND PLEASE NO MORE 1% RALLIES.   THEY WERE INEFFECTIVE.

 Remember,  AMERICA,  you have the INTERNET,  SOCIAL MEDIA,  THE ATMs,  THE REGIONAL BANK OFFICES AND YOU HAVE THE NAMES AND ADDRESSES OF THE ALL THE SENIOR MANAGERS OF THESE VULTURE BANKS.

  So please, act accordingly. 

Let me quote a Indian Leader I have not always agreed with,  Jawaharlal Nehru:

“ The Forces of capitalist society,  if left unchecked tend to make the RICH RICHER AND THE POOR POORER.”

Also, my dear readers,  keep the following words of exAmbassador John K. Galbraith in mind:
  “People of privilege will always risk their complete DESTRUCTION RATHER THAN SURRENDER ANY MATERIAL PART OF THEIR ADVANTAGE.”

  My dear American citizens,  especially those of us who have had to work two /three jobs or can’t even find a job despite our advanced education for which some of you still owe money. 

 

LET's HASTEN THE DESTRUCTION OF THESE “PEOPLE OF PRIVILEGE”……WHO ARE THE REAL CANCERS ON AMERICAN ENTERPRISE…. 

  WITH PASSION TEMPERED BY…COMPASSION … JUSTICE…. AND EQUALITY FOR ALL. 

REMEMBER----WE , THE PEOPLE,  ARE THE STATE!!!!

There are no other representatives for US!!!

“It is the greatest good to the greatest number which is the measure of RIGHT AND WRONG.”

 Jeremy Benthem,  British Philosopher.