You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #28: To The Above [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
Mark D. Donating Member (420 posts) Send PM | Profile | Ignore Wed Oct-14-09 10:33 AM
Response to Original message
28. To The Above
I have no issue with profits. This in particular doesn't bother me about the JPMChase empire. Their problem is deeper. It's about history, and who set up the economic house of cards that 'surprisingly' collapsed recently. First a fact check. They are the 2nd largest 'bank' in terms of typical banking. As a financial institution, however, they are the largest in the world. They were the 3rd largest before the recent 'crisis' they helped manufacture. But it goes farther.

JP Morgan's grandfather founded Aetna (largest health insurer, leading fighter against reform or universal coverage. Aetna administers Medicare. Who writes the checks for Medicare? JP Morgan Chase. One must consider the massive amount of money they hold in deposit (I.E. to invest for profit) before those checks are released. While Bank of America writes Aetna's checks, who writes the 2nd largest insurer's checks (United Healthcare)? Chase Manhattan does.

JP Morgan helped collapse the US economy three times before, and then bailed it out. They caused the scare of 1907 that lead to the 'need' for a Federal Reserve. The island the Fed was founded on was owned by JP Morgan & they chartered the Federal Reserve's founding. They owned the Titanic. They brokered WW1, took control of the Bank of England (torch passed to them by Rothschild). JP Morgan Chase controls the bank of Baghdad. War profits at work.

Rockefeller's Chase grabbed Manhattan (Warburg's bank) and later grabbed JP Morgan to make JP Morgan Chase in 2001. The year of the greatest of distractions (the 'war on terror') to take focus off white-collar crime. Newly set up deregulations, of Clinton & Bush & GOP controlled legislature gave them what they needed. JPM Chase CREATED Credit Default Swaps. They were the largest Hedge Fund. The main factors in the collapse of real-estate in this collapse.

Morgan Stanley was the largest speculator in energy, including gas. Something deregulation allowed. THAT drove up gas prices, not supply/demand/OPEC or scapegoat 'A-Rabs' to keep simpletons mad at 'people over there' we are at war with for their profit. This Anglo banking dynasty (Morgan / Rockefeller) eludes blame by many far-right Anti-Semites who go after 'Jewish (scapegoat) bankers', akin to fear of OZ on the wall, not the real 'men behind the curtain'.

The biggest energy company (and polluter, via coal), GE, formed by JP Morgan. GE headquarters sits on Rockefeller Center. Coal is the leading source of environmental mercury & arsenic, 2nd largest source of radioactive material, and 2nd largest waste stream (coal sludge) behind sewage which is and unregulated. Who bought Encyclopedia Britannica, to take out every word on the risks of Vaccinations? JP Morgan & JD Rockefeller. Who profited off IG Farben most?

Rockefeller. That was the Nazi's biggest chemical supplier. IG Farben lives on as Bayer and BASF. During WW2, Allies bombed around their headquarters, but not IG Farben. Despite it's being the top Nazi chemical company. That former IG Farben headquarters is now home to the German headquarters of the USA's C.I.A.. My point here isn't just a history lesson, it is to show you how powerful those involved in this bank are in almost everything that has happened.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC