*****Amazing interview: Bill Moyers & William K. Black - banker fraud / coverup*****

damania

damania

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Bill Moyers has an amazing interview with William K. Black where Bill Moyers is uttlerly stunned at what Mr. Black is telling him.

This video sheds some light on why the CEOs aren't being replaced at the zombie banks. It's because the Obama team, the Fed, and the banks are all in it to cover it up! They don't want to truth to get out. They also don't want any investigation to uncover fraud.

As I've been saying all along, there is an integrity crises, not a financial crises.

I'll post a link to my blog entry and from there it will take you to the interview:

http://www.askbutwhy.com/2009/04/bill-moyers-interviews-william-k-black.html




PS: While you're on the blog, if you haven't already, check out the Catherine Austin Fitts video which will blow your socks off:
http://www.askbutwhy.com/2009/03/catherine-austin-fitts-fraud-and.html
 
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Good interview, though Black seems to support the idea that it's OK to give whiskey and car keys to teenagers so long as we have regulators looking over them to insure they drink too much everyday. Problem is, the regulators are corruptible as well:
http://abcnews.go.com/Blotter/Economy/story?id=6658365&page=1
And black doesn't ask the question - why don't the bankers and CEO's care about the banks? Because they're not personally liable for the losses
http://www.huffingtonpost.com/cenk-uygur/the-flaw-in-the-system-th_b_170963.html
There's another really good on more thorough article I read on the issues of how laws protect bankers from liability (I think from LewROckwell.com or mises.org) but I can't remember where it is or what the title was
 
Smoke the Liberty Tree said:
One of the best interviews i have seen in a LONG time. I'm sending this to everyone i know. Simply speechless right now.
Click to expand...

Check out that Catherine Austin Fitts video too. It complements the Black interview. Mr. Black is clueless as to why they want to keep the big 4 banks alive. It's not to avoid panic, but rather to keep the tools of empire and control going.
 
It doesn't tell the whole story, but each and every way we can begin to wake the average dolt the fuck up, the better.
 
I noticed they mention the Government line; Lack of regulation. You might as well equate it like this - more regulation means more government and more draconian measures upon the free market. After a while the free market, or whats left of it, will die off by regulation , legislation and all around market planning. Bailouts let these 'banksters' live to rob again, and the government is more than happy to be the primary cause.

Blame government.
 
HE IS NOT POINTING THE SOURCE OF ALL THE PROBLEMS

The Federal Reserve
He is protecting the Core of the banking problems.
Disinformation tactic for the Smarty Pants in the Markets.
 
bossman068410 said:
HE IS NOT POINTING THE SOURCE OF ALL THE PROBLEMS

The Federal Reserve
He is protecting the Core of the banking problems.
Disinformation tactic for the Smarty Pants in the Markets.
Click to expand...

So true, isn't it, most always that way?

No matter how "close" they come when discussing issues, they never quite "nail it" on the head.

Then again, no surprise. According to engineer and author, Robert Gaylon Ross, Sr. in his encyclopedic "Who's Who of the Elite" (book), he lists Bill Moyers as a member of the Bilderbergs. http://www.4rie.com/

So it will always be like they are dangling a carrot but not letting the audience get to take a real bite of total truth.

But since it "comes close," it's still good "pablum" to get people started on the road to waking up and looking into things further.

-------------

Quote from Robert Gaylon Ross' website, FWIW:

[...]
Members of the secret societies who bring us this "news" are:
  • Peter Jennings (BB),
  • Dianne Sawyer (Director of CFR '98-99),
  • Garrick Utley (Dir. of CFR '93-),
  • Barbara Walters (CFR),
  • George Will (TC),
  • Lesley Stahl (CFR),
  • Ed Bradley (CFR),
  • Marvin Kalb (CFR),
  • Dan Rather (CFR),
  • Jesse Jackson (CFR),
  • Bernard Kalb (CFR),
  • Frank Sesno (CFR),
  • Tom Brokaw (CFR),
  • John Chancellor (CFR),
  • Elizabeth Drew (CFR),
    [*]Bill Moyers (BB),
  • George Stephanopolos (BB, CFR),
  • Michael Beschloss (CFR),
  • and inducted in 2001-2002 - Paula Zahn (CFR).

Other prominent Elite in TV who are/were:
  • Roone Arledge (CFR),
  • Laurence Tisch (CFR),
  • Thomas Wyman (CFR),
  • Thomas Murphy (CFR),
  • David Brinkley (CFR),
  • Carl Zelnick (CFR),
  • Barbara Cochran (CFR),
  • Roland Evans (CFR),
  • Joan Richman (CFR),
  • Joan Cooney (CFR),
  • Wyatt Johnson (CFR, TC),
  • Carl T. Rowan (TC),
  • Jane Pfeiffer (CFR),
  • Herbert Schlosser (CFR),
  • Robert Frederick (CFR),
  • Sharon Rockefeller (CFR), and
  • Michael Eisner (CFR).
You can find out who else in the mainstream news media belong to the secret groups, BB (Bilderberg), CFR (Council of Foreign Relations) and TC (Trilateral Commission), in our first book, "Who's Who of the Elite".

Neither Sam Donaldson, nor Cokie Roberts (ABC's This Week, Sundays) were members of the CFR, so to make sure that they had control, the Elite replaced them with George Stephanopolos (BB, CFR). Now we see more members of the CFR on this show, such as Robin Wright (CFR) and George Will (TC).
Click to expand...

Source: http://www.4rie.com/
 
Yes, Yes and Yes

This interview is just the fuel i needed to smack some sense into my liberal apologist friends. As inadequate as it is at nailing the Fed specifically, it will do.

I want to make it clear to them that this is not simply some massive fluke, and that the banking industry and the regulators are both at fault. This is not a natural market occurance.
 
Several threads on this Bill Black interview--and with very good reason! But don't discount the second half of the episode--the Amy Goodman/Glenn Greewald segment on the mainstream media!
 
Black interview was good. But he contradicts himself like so many others. He correctly states that the fraud laws that we have were not enforced, but then goes on to say we need more regulation.

If the fraud laws were enforced, there would be no need for regulation. The prospect of hard jail time would be enough to disincentivize all the banksters from engaging in skullduggery. That includes counterfeiting laws that prohibit fractional reserve lending if interpreted properly.

We have all the laws we need. They just need to be enforced. Period. End of story.
 
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