Some quick bullet points amidst the crumbling world :
1. Our system of governance has not yet adjusted to the global change from manufacturing driven economies to financial system driven economies.
2. As a result of the above, and other factors, financial institutions direct economic activity worldwide.
3. The far-less-than-honorable group of Primary Dealers totally control how much "free money" ends up in the various economies rather than the bonus pools of these same banks.
4. They have repeatedly shown that their instinct is, in fact, to retain these free monies for their bonus pools.
5. The Fed, the Treasury and other parties have repeatedly trusted Primary Dealers to act as anticipated by injecting free money made available to them into the economy. And they maintain this mistaken trust that they will. This despite the fact that the TARP money "with no strings attached" should have proven to a learning disabled individual that they wouldn't.
6. When such legislation as Dodd-Frank or the Volker Rule was passed, the actual promulgation of attached rules goes out for input . THIS is when financial lobbyists come into play. THIS is when legislators and regulators turn to "financial industry experts" for guidance and advice. THIS is when the financial industry extracts the teeth out of the intent of the original legislation. They will promote and agree to only the aspects that will have the minimum impact on the industry they represent.
7. The combination of #1 and #6 above is in the process of destroying our country.
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We as citizens are governed by politicians who have not yet adjusted to the realities of the 21st century world and who are therefore under the thumbs of the ruling financial industry.
