Organized crime: The 'looting' of $11 trillion from the U.S. economy (Oldie but goodie)

World Tribune ^ | March 5, 2010 | (Editor)

[combat_boots]

The following is based on a report by Cliff Kincaid for Accuracy in Media.

The New York Times is quoting a spokesman for George Soros as saying that the well-known hedge fund operator is guilty of no wrong-doing in connection with the financial upheaval currently affecting Greece and Europe as a whole.

But Zubi Diamond, author of the powerful new book, Wizards of Wall Street, says the agenda of Soros and other short sellers is clear. Their purpose, he says, is “to loot America and any foreign country which invested in America. Greece was one of them. Iceland was ravaged and annihilated.” ShareThis

Diamond, with 14 years of experience in the financial markets, calls his book a course in “Economic crisis 101” because of the need to inform ordinary Americans of what is happening right before their eyes. The book is easy to read, although it deals with complex financial regulations and operations, and is only 118 pages. The theme is that the economic crisis was deliberately engineered for profit and political gain and has already resulted in the “looting” of $11 trillion from the U.S. economy.

[combat_boots]

Also see:

"Federal Reserve Looting America with Secret $2 Trillion Giveaway to Wealthy Elite By Mike Adams, November 10, 2008 | Key concepts: Federal Reserve, Financial bailout and Money supply

The final looting of the U.S. taxpayers is well under way. As Bloomberg reports today, the Federal Reserve has secretly created another $2 trillion in secret loans that it refuses to disclose! When $2 trillion looted from the taxpayers and given away in secrecy, it's no longer called a bailout, it's called a HEIST!"

http://www.naturalnews.com/News_000459_Federal_Reserve_financial_bailout_money_supply.html

[tx_eggman]

"But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime." --Frederic Bastiat

[thethirddegree]

I hope our new Congress investigates Soros and puts him in prison.

[Dogbert41]

Prison? For this? Bring back drawing and quartering!!

[DannyTN]

“Diamond says there would not have been a Greece debt crisis if all the safeguard regulations had not been removed. He blames Christopher Cox, who served as chairman of the Securities and Exchange Commission (SEC), for laying the groundwork for this financial upheaval. “The removal of the uptick rule, and the circuit breakers and the introduction of mark to market accounting is what caused the economic collapse and the stock market crash,” he says.

[Slyfox]

I hope our new Congress investigates Soros and puts him in prison.

That would be great and I do believe that Soros will get it in the end. Don't forget, he has probably paid off a lot of demoncraps and he has Hillary on retainer. And she has all those FBI files.

Other than an act of God...

[rightwingextremist1776]

I'm surprised that creep is still breathing.....someone ought to look into that.