It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford

Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin

The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Tuesday, 18 December 2012

 From Jesse's Cafe Americain

"I suggest as always you ask the question cui bono, 'who benefits?'   Although they do happen, there are few accidents these days.

From a certain perspective the US and UK financial systems are being dominated by a set of loosely organized criminal enterprises that have captured, or at the least nullified, the regulatory functions of the markets.  This adds a significant element of uncertainty to what in theory is a discounting and price discovery mechanism."


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