Economy
In reply to the discussion: STOCK MARKET WATCH -- Tuesday, 18 June 2013 [View all]polynomial
(750 posts)Too big to fail has a new meaning for me. At first when someone says that the company is too big to fail plus declaring that entity is absolutely necessary in the banking system, for the banking system to operate, for the banking system to be able to survive, appears to me now, as the key in what is the real truth.
Too big to fail is itself a hard warning, as if the banking system is the bandit now. Imagine the banker on the other side of the teller window giving the note to the customer at gun point demanding money.
Seems like an analogy that is turned around. Here the teller on the other side of the widow servicing the customer is now the masked bandit. However this gun happens to be legal contracts such as trade agreements that have another unusual distinct term called a trigger. The new type of language, the trigger built into contracts said very often.
This becomes clear noticing the partial listing of convictions listed in this economic part of the blog. Those convictions are certainly not talked about in Mainstream media. Seems each month would be a new scandal about the Banking system, or Wall Street definitely giving all the chance or choices to avoid any negative popular opinion that would prevent bail outs.
All under the secret trade agreements, or national security laws, that offers a compelling shield that aids to corruption to profiteer in the grandest way ever conceived for any government in history.
It appears the American experiment; the constitutional approach has turned into a tool for the few one percent in the world to manipulate a giant tyranny that might be called the corporate industrial complex.
Corporations are offering an endless supply of perpetrators. Which through legal laws generated by legislation do get away with profiteering under the disguise of national security, because of ongoing perpetual war. That is too big to fail.