Ric Rivera
Glenn S, Peggy J, Erik J, Sylvia L, JHR – Here’s some history made. I could have sworn that what #794 brother Ralph Hayes of Social Studies said. “Son, if a politician is not a liar…” is what Robert Pevonak of History and Banking Advisor said in so many words. Huh? Collusion of sorts you think? That on a dare he would teach the rest the month or year from a chair a top his desk…
Okay! Now, if that isn’t two fishes going in the same direction opposed to norm. I don’t know if that’s true but, think Robert Pevonak like to shock people into thinking differently pushing the bounds of conformity to individualism. Hmmm! Wonder what they thought of Seattle’s own Jimi Hendrix?
They never mentioned what the “Bilderberg Group” think tank is… conspiracy theorist have a field day here.
On John Perkins’s “Economic Hit Man”, there is also “Hoodwinked” and “Shape Shifting”. Three great books to read. Corporations and Banking is big money until we have a wakeup call. Out from being “Hoodwinked” the host wants control. Can you blame them? The ’73 oil embargo - gasoline station lines around the block comes to mind.
On #791 “Reefer Madness”, “Banks”, “Wall St.” and others they may all have some commonality and conspiracy. Through what I have come to know Wall St. as Legalized Betting row some of my fund holdings cashed out through NY Mellon Bank Corp. That name sounds familiar, the Mellon legacy.
Back in history, the irony is that Secretary of Treasury Andrew Mellon industrialist and private banker also known for Carnegie Mellon. Fearing the Hemp trade of making unregulated monies, a threat to financial backing DuPont’s oil business in Plastics. He hired HJ Anslinger future nephew-in-law to head Federal Bureau of Narcotics thus prohibition of MJ, the propaganda film “Reefer Madness” is born.
Fellow camaraderie JP Morgan’s quip in short. “…. the private banker is a national asset not a national danger… as becoming too powerful…he pins…. that power comes the confidence of the people in his character and credit, which comes from the respect and esteem of the community.”
Parts of that sound all too familiar? Big Banks too powerful too big to fail (TBTF)?
Read Dr. Darrell Duffie’s “How Big Banks Fail” the bubbles through history, the toxic assets, leveraging buyouts and private equity The Carlyle Group.
Read any Michael Lewis’s books “The Big Short”, “Liar’s Poker” on Wall St.
Pink Floyd in ’73 came a song “Money” lyrics… so they say is root of all evil today. But if you ask for a raise it’s no surprise that they’re giving none away……..
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