The Matrix

I have to admit financial savvy concerning stocks, investment funds and the like is not something I spent a lot of time developing. It is almost an aversion to me don't even like it. So when it comes to understanding the collapse that is happening on Wall Street and the government agencies supposedly watchdogging it I am clueless. I don't like the idea of making a fortune simply by manipulating commodities and produce, or provide, nothing in return for it. To me that is simply parasitic on the system.

There are those however that do not feel that way and in fact not only do this but actually have a hand in manipulating the prices of the commodities themselves to further their parasitic profits. In the process destroying entities that have served many for over a century. Not only did they not produce or provide they specifically and knowing manipulated destruction for profit. The government agencies we pay for, FTC, stands mute as all this criminal activity destroys major entities.

If you are already savvy about this and well informed then this blog can offer you little. However if you are like me and this is not your "forte" lets say then here are three YouTubes that can help explain the Hedge Fund disasters, plural. More to come I am sure as Wall Street criminal activity is not prosecuted by the FTC anymore. Apparently, like most government agencies, they have gone criminal also. Also, like most government agencies, they must have been taken over and are now controlled by the very industries they are supposed to be policing. Destroy entire financial holdings and even the countries economy criminal and that goes unpunished. Where are all the prosecutions and convictions for all this activity? Sorry, that is protected now. However if a light goes out on your car you are terrorized and prosecuted to the max for it!

Understand?

Hedge Funds and the Global Economic Meltdown (Part 1)

Hedge Funds and the Global Economic Meltdown (Part 2)

Hedge Funds and the Global Economic Meltdown (Part 3)

Related links:

Krugman: "The Question Is Whether Our Economy Is Governed By Any Kind Of Rule Of Law"

The mortgage mess is making nonsense of claims that we have effective contract enforcement — in fact, the question is whether our economy is governed by any kind of rule of law.

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True to form, the Obama administration’s response has been to oppose any action that might upset the banks, like a temporary moratorium on foreclosures while some of the issues are resolved. Instead, it is asking the banks, very nicely, to behave better and clean up their act. I mean, that’s worked so well in the past, right?

The Rot Within: Our Culture of Financial Fraud and the Anger of the Honest

Misrepresentation, fraud and gaming the system are all heavily incentivized in the U.S. culture and economy, and honesty is punished. This truth is finally being revealed on a grand scale. The coming implosion of the U.S. economy has been richly earned.

Rule of law and government protection I am so safe!