Friday, May 29, 2009
Accountants, Washington Helping Banks Fluff Profits
Just the recent changes in "mark to market" alone help boost the quarterly profits of these big bogus banks by billions. Nothing more than the same charade, lies and obfuscations. This house of cards can't be kept propped up even by the most well intentioned or rabid capitalists. The entire banking system is rotten to its core. The Federal Reserve, simply put, is nothing more than the foxes guarding a hen house - Wiki it, it comprises of member banks, who lend money to us, by pushing the Government to print more money, which we than use to bail these very banks - guess who's getting screwed here in this circle jerk?
Read the Article at HuffingtonPost