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John McCloy
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Student Majoring in Finance & Economics Real estate broker in Manhattan.
  • Every Patriotic American Must Short All Banks And Reclaim Our Stolen Wealth 2 comments
    Nov 4, 2009 12:52 PM | about stocks: AAPL, GS, AA, JPM, BAC, C, WFC, X, VALE, GOOG, SIRI, JNJ, PG, BA, KO, MCD, FAS, FAZ, SRS, UYG, UUP
    We Must Protect Our Nation From Enemies Foreign And Domestic:

     
    Leaked Citibank Memo to Clients: largest bank in the world tells its richest investors that democracy as we know it is about to give way to a plutonomy - the company's own choice of words - which means that the power and influence within a nation is given to its wealthiest of wealthiest. For clarification, the memo points out that the richest 1% of the population had at that time amassed more wealth than the lowest 95% of the population put together.
    In a report called "The Plutonomy Symposium Rising Tides Lifting Yachts," Ajay Kapur, Citigroup's global strategist, says the balance sheets of the rich are "in great shape, and will get much better," which is why he recommends going out and buying stocks of companies that cater to that very select market.
    For anyone not familair with the Definition of Putonomy: n. An economy that is driven by or that disproportionately benefits wealthy people, or one where the creation of wealth is the principal goal
     
    Goldman Cashs Reported that in the entire Third Quarter they lost money trading on 1 Day?
    Yes that is right on 1 Day they reported losing money trading. How is it possible for this to occur?
    Statiscally I would say it is nearly impossible unless you are the one dictating the direction of the market on a daily basis through the overwhelming firepower that is the money of the United States Taxpayer.
    Americans should invest in a market that is controlled?
    Evidently, It is acceptable to frighten citizens out of the market while you are short the general market only to swoop in at the exact bottom and purchase assets at abused prices only to continue to defend their price for the next 7 months?
    Why? Well to drive them back up to the levels where Americans first purchased them and then frighten them back into the market at marked up prices again EVEN AS EVERY ECONOMIC INDICATOR TELLS US WE MAY BE IN A DEPRESSION.
    This is legal?
     
     
     
    Now that we know the primary objective of the majority of banks it is OUR PATRIOTIC DUTY to restore the balance of this nation and re-align the agenda more in the mold of the Founding Fathers of our nation. Remember their revolution was not a very popular notion at the time.
     
    As banks prepare to reward themselves once again with bonuses on a monstrous level Americans need to understand that we may have one simple option relating to preventing the further distribution of money to undeserving banks. It is unacceptable that we allowed investment banks to further enrich themselves through Tax Payer hand out placed directly into stocks in order create a rally solely reliant upon Federal Funds Rates remaining at 0%. How do banks win?
     
    * Inflation is good solely for the wealthiest of Americans and those with access to large sums. It helps increase assset prices and leads to further profit.
    *Deflation is excellent for the other 98% of the world. People would benefit by holding their money.  Investing would not be beneficial, and people would be extremely cautious when investing their money.  This would hurt businesses, and help consumers.
    *If we had allowed banks to collapse prices naturally would have found a bottom and our economic system would not have been destroyed but recreated on a level that induces savings, productivity and away from the rush for instant profits reliant upon marking up prices.
    *During this recent run up what was the reward for consumers who were placed into this mess as a result of banks and predatory lending? Lowered interest rates..lol. Yes your gift. In actuality you are losing.Lets examine how banks cannot lose in the scenario and we can only set Americans up for a future crises on a growing level.
    Supposdely I can get a "Wonderful" deal on a home now and make a purchase of this home for $250,000 with a cheap 5% interest rate.Seems like an excellent deal does it not? Well lets examine.
     
    Home Purchase: $250,000 Loan
    Total Interest Paid on 5% over 30 Years: $233,141.39 .Nearly the equivalent of the home.
     
    Now Lets examine how Americans could have won if homes were allowed to find their true value and prices were not bouyed by inflation and questionable tactics to prevent foreclosure at the start of the crisis. Lets give us a Reasonable 30% decline further from that $250,000 when many estimate it could have been as high as 43%.
     
    The New Home I am purchasing now is:
    Home Purchase: $175,000
    Total Interest Paid on 7% over 30 Years: $244,140.03
    Only about 10,000 more over the 30 Year span based upon "High" interest rate of 7%
     
    INITIAL SAVINGS AND MONEY THAT COULD BE PUT TO WORK FOR ME $65,000.YES ME.NOT THEM.

    Banks gift: for nearly destroying the economy by driving up prices, overleveraging bets, destroying years of retirement wealth, causing millions in job losses and attempting to control our very liberty?
    Simple: Billions of more dollars gift wrapped so they can resume their way of life and trade and trade and trade.

    Americans: Our Gift? Well we get to go well over 10% unemployment, allow them to destroy what little portion of our money in saving is left by leaving interest rates at 0%, credit destroying bankrupcty from now having heatlhcare and surviving on credit cards, a tax credit to ..Buy Cars so I can drive to the job I do not have and a tax credit to buy the house I will not be able to afford in 10 years.Oh wait wait...
    I get to save 10,000 in interest rates over the next 30 years.
     
     
    Instead it is more acceptable for Americans "To Live To Work" and barely afford payments on both cars and homes and force them to become slaves to their debt. And we can allow banks further access to our capital so they can invest and inflate further.
     
    If U.S. Citizens want every penny taken from banks over the past year and then some and wish to force true banking regulations and favorable rates for the general public then they need to take every penny they have available as capital and Short Banks. If enough people realize that they have the control and can seize it at any moment especially with the availability of the internet regarding transparency and instant communcation.We Need A wealthy patriot to step up and create a NEW AMERICAN BANK CALLED THE "Patriots American Bank" AND ALLOW ALL OF US OPPOSED TO THIS CRIME TO DEPOSIT OUR MONEY WITH THEM.
     
    If we suck every penny we have out of savings and place it in our trading accounts and Short Every bank they will begin to collapse slowly at first and then abruptly rewarding investors.
     
    A run on banks will remove the ammunition banks hold over us which ironically enough happens to be OUR ammunition used against us to extract as much capital from us as possible. They can place their money in 3X leveraged ETFs like FAZ and SRS and make many hundreds of percent on their money back stolen from us by banks while forcing housing prices to reach their natural bottom.
     
    It is a myth that this banking system must be perpetuated as evident by the debt we are placing ourselves and Great Great granchildren in. 
    It is our duty as Patriots to prevent our nation from being seized by bankers. These inflations do not solely apply to Banks either it relates the Heatlhcare industry and certainly do not benefit most Americans.
    Which do you prefer? Living to work or working to live?
    Never allow anyone to tell you that this is necessary and extremist thinking. The framing of the constitution had one intention and one intention alone:
     " We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America"
     
    Thomas Jefferson: "I believe that banking institutions are more dangerous to our liberties than standing armies"
     
    I know we have been raised and educated to believe Capitalism is the best of what remains but lest us examine the word more carefully.
    Capitalism = Capitalize.
    Definition of Capitalize: draw advantages from;e.g. "he is capitalizing on her mistake"; "he took advantage of her absence to meet his lover"
    So taking advantage of a situation or unfortunate is a good thing?
     
    Communism = Commune:
    Definition of Commune: a body of people or families living together and sharing everything.
     
    Which one is the dirty word here? So can we not have a balance of both? Which is there always one extreme or the other with our political parties?
    Liberal Democrats: Nobody should ever be executed.
    Extreme Republicans: "Kill'em all!"
    Rationale Thinker: Sometimes people need to die for their actions and sometimes they do not.
     
    What Say you America? Are we Better than this? Or should we no longer think Vacations are too expensive and homes should require 60% annually of our income.. I see no reason for us to continue to funnel the other 5% with all of our capital.
    Take your money back.All of it 
     
    Disclosure: Triple leveraged ETF's Are quite risky & are not meant to be held for long periods of time.

    Stocks: AAPL, GS, AA, JPM, BAC, C, WFC, X, VALE, GOOG, SIRI, JNJ, PG, BA, KO, MCD, FAS, FAZ, SRS, UYG, UUP
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  •  
    History teaches us well:

    Thomas Jefferson: "I believe that banking institutions are more dangerous to our liberties than standing armies"
    19 Nov 2009, 03:53 PM Reply Like
  •  
    Live as an "illegal" immigrant does. Pay cash or get money orders for everything. Work under the table. Rent instead of buy. Drop your insurance policies. And when possible dont pay taxes. The system will crumble on its own. True, many people may find this immoral but if you dont you are just as bad as they are. You will be contributing to an already corrupt system and making America's elite richer and more powerful. We may pay the price for rebellion but at least our children and grandchildren will one day think of us as heros.
    24 Jun 2010, 09:19 PM Reply Like
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