Economic Crisis, in Today's News 01.15.10

Economic Crisis. Interesting. Paul Volcker, a prime spokesman for the cryptocracy and in particular the Rockefeller interests, was quoted yesterday saying that banks like J.P. Morgan Chase, Bank of America, and Citigroup ought to be dismantled. 

From today's Wall Street Journal: Volker said "that banks which blend high-risk trading with traditional consumer lending face 'unmanageable conflicts of interest' and should be broken up." [!!!]

The banks he is talking about are, of course, entities controlled by the cryptocracy and the Rockefellers. That he, on behalf of those interests, would call for the breaking up of their prime vehicles for controlling the economy, is of interest.

Most probably, the cryptocracy doesn't want these banks playing with and risking the riches of the very wealthy. The thought goes, if these banks want to do high risk investing they should do it through a separate corporate structure, which would then give the wealthy the choice to participate.

The Obama administration has made a pass or two at this break-up proposal without much success. Instead the present leaders are pushing for a regulatory way to control the risk-maniacs.

That Volker would make his statement now, indicates that the cryptocracy is less than pleased with the Obama efforts.