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Message: Sunday Morning coffee

I sit here this morning wondering how many people in this world, actually see that they are robbed daily and are slaves to the banks.

You don,t go very far these days in the news to see banks listed in many forms of corruption and implicated at this very time in many other forms of corruption. So, with that statement, I believe there should be an impressive fraction of the populace that are becoming aware , with this awareness increasing daily. I also believe these people are stepping up to the plate to make change, as the evidence shows through many whistleblower presentations and revelations of employees of these institutions, stepping forward and speaking their minds. Its good to see these employees resigning from their institutional positions because of ethical reasons, and even because some of them were forced to resign because of revealed corrupt behaviour. Although some may think the above two are totally different situations, they are much in the same, when referenced as steps to clean up the financial system and the change of mentality of the worlds population.

By this time, the reader may be thinking that this post is off topic, but bear with me, and I will show and assure, that it is not. It very well pertains to SLI in so many ways, and helps identify some of the problems we are encountering with our current battle, and why it is so difficult. For here in Canada, the Maple Group, comprised of mainly banks, own and operate the TSX exchange. I saw it as a huge conflict of interest a few years ago when the offer was first made by these institutions to buy the TSX and didn,t think at the time that it would succeed or come to fruition. But from my perspective today, can very well see why it has happened, after having more of the dots to connect and the added effect of countless hours of research due to trying to understand the dynamics of our difficult situation.

To cut to the chase, the banks own the TSX, they have their own compliance department of the Exchange, and institutional past and present members, hold positions in all our national regulators, as directors and members of advisory committees. This should be clearly seen as a conflict of interest, whereas these positions held, may clearly influence actions taken by any regulators in favour of the banks, and excluding anything contrary. There is no way an unbiased position can be taken by employees/owners of banks that set on these advisory committees to regulatory bodies. To go further, we also see legal and accounting firm past employees, that are connected directly to the banks through business, sit on these boards and committees as well. So, everyone in the higher up is connected, leaving the little retail investor, with no connections whatsoever. The closest we can come, is our politicians, but when we see that they are also easily influenced by the banking institutions, there is no representation or protection for us retail investors. Its a falsehood when any of these regulators state that they can protect us, its an illusion, trickery and also luring. We invest our monies into a system that continuously milks the little guy, when one is milked dry, they move onto the next. How many of you ever have been successful at investing, without submitting to and being part of the game? Very very few, if any. Thats because, you are one of the ones that continuously gets milked of your hard earned dollars, to feed the big guys and corrupt, this makes you a slave to them. You are not working for yourself when you pay into a pension plan or buy a piece of property. If all things were the way they are supposed to be, or the way we are led to believe, you should be retiring with a hefty pension and retiring earlier than in the past. Instead, you are working more hours and longer, trying to maintain a carrot on a stick goal, that keeps increasing as you move forward, because of the constant skimming by the corrupt. You are working for the corrupt. You never own anything in this world, your property you pay taxes on. If you owned your property, why do you keep paying on it year after year in taxes? If you owned yourself, why do you continuously pay income tax? Don,t get me wrong, its ok to help pay for a just system and make the wheels go around, but if you are constantly getting robbed, doesn,t that bother you? If the governments can print money, give it to the banks to loan out to you, why can,t the government print money and place it right in your hand? When you get a loan from a bank, you pay interest, then you turn around and may see in the news the very next day, how your bank is involved in manipulating the markets or aspects of, are you not indirectly condoning the behaviour of your bank by supporting them with the interest on your loan? So in fact, you have become an accessory to the crime, by aiding in the financing of practises that could be considered collusion among other crimes to humanity. Here is an example of an indictment in a Canadian court, that fits well with what I am saying, and remember, ignorance is no excuse for the law, so if you think that you didn,t know you were breaking the law by supporting criminal activity, its no defence. See how contradictory and self serving laws have become? Its your duty and responsibility under the law, not to engage directly or indirectly in illegal activity, so if you know that someone is breaking the law, it is for your protection and best interest, not to support them.

“participate in or contribute to the activity of a criminal organization for the purpose of enhancing the ability of the criminal organization to facilitate or commit an indictable offence.”

Now don,t tell me banks are good and wouldn,t rob you, there is too much in the news that clearly shows how they have robbed the world. Your LIBOR scandal is but one of many, with more being revealed all the time. I will enclose a couple(there are probably thousands), interesting links to read at the end of this post that directly ties into what I am saying. If you research a little yourself, you will find owners of the TSX mentioned in lawsuits and may also find some surprises. So when you take this kind of activity into consideration and wonder why we are having such a difficult time with trying to protect ourselves, this may shed light on to as why. The government connection is a whole new post, but in the meantime, you may wish to do some research and you may find some of your politicians in the midst of scandals that may connect to as why we havent got much help from them in the past. Also, if you are wondering about why nothing has come out in the media yet, do a search and find out which media is controlled by government, etc, and which ones are not. Also, very importantly, keep in mind how complex our issue really is and how it can very easily jeopardize the integrity of the markets if it all gets out. :)

I don,t wish to contribute to bringing our financial system and markets down, I only wish to see investors protected and the public interest upheld.

http://www.canadianbusiness.com/companies-and-industries/rbcs-other-problem-2/

http://dailycurrant.com/2013/02/22/jamie-dimon-resigns-jp-morgan-put-bankers-jail/

http://www.theglobeandmail.com/report-on-business/top-business-stories/swiss-regulator-probes-possible-manipulation-of-currency-markets/article14696955/

http://www.citynews.ca/2013/06/25/royal-bank-barclays-back-new-rival-to-tmx-group/

I have a bone to pick with RBC, I am waiting for something to materialize.

IMO

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Oct 07, 2013 02:17AM
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