skopros

PPIP Watch: Banks as Bidders and Sellers...Hmm, Remember Enron?

i wish we could get mad and discover some sort of constructive outlet for that anger, some way to actually influence a corrupt congress, a corrupt circle of corporate and bankster raiders and plunderers. i'm fully aware that name-calling means nothing, or venting rage, or hand-wrining about the unfariness of it all is almost useless. the problem is no institutional or community means for really affecting change or reform exist on adrastic enough scale to make a difference. all the rancor and indignation just gets absorbed and diffused into the system's ether.

we need a revolution but there's no repository of energy and action sufficient to change direction of the current flow of events. if we tried drying up the money, depriving Washington and Wall Street of the money to keep the plunder going, they just collude and create more money.

big dilemma (which actually means, no solution, I think)! wish i could suggest a plan, a program or a magnet to attract and amalgamate all this negative energy!? it's really what we need as a people being shorn of our wealth, or power and our national health.

All Big U.S. Banks May Need More Aid in Severe Scenario

this is not a direct subject-related question, but does anyone have a handle on the relative safety--or danger-- of JPM viability, esp. the London branch, as depository for the Proshares currency funds recently mentioned as possible risk in Merkel's excellent SA blog?

Wld appreciate any guidance.