TV News LIES

Tuesday, Oct 14th

Last update07:57:12 AM GMT

You are here News Economy JPMorgan Responsible for the Destruction of U.S. Financial System

JPMorgan Responsible for the Destruction of U.S. Financial System

E-mail Print PDF

The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness. The colossus of JPMorgan is a monster, a predator, nurtured by pond scum. It has gobbled up Chase Manhattan, Manufacturers Hanover, Chemical Bank, Bank One, and more over the past two decades. Their profound presence in keeping the USTreasury Bond yields down can never be understated. They do so by managing 85% of the credit derivatives on the planet. They distorted usury prices, as in price of borrowed money, thus aggravating the LIBOR (London InterBank Offered Rate) market in a very visible manner.

More...


Most Recent Related Stories...


3 share Nobel Prize in Economics for work on technology, growth and creative destruction

Nobel in EconomicsThe Nobel Prize in economics was awarded to a trio of researchers Monday for their work...

Supreme Court says Trump cannot, for now, remove Lisa Cook from Fed; will take up matter in January

lisa CookThe Supreme Court said President Donald Trump must allow Lisa Cook to remain on the Federal...

Trump announces 100 percent tariff on China in response to rare earth controls

100% tariff on ChinaPresident Trump announced Friday he will raise tariffs on China in response to a move from...

The Federal Reserve’s independence is about to be tested like never before

Jay PowellThe time has come to ban the “revolving door” between the White House and the Federal...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!