tidbit

TIDBIT:…AND SPEAKING OF CRONY CRAPITALISM…

May 17, 2018 By Joseph P. Farrell

...dig this, sent by Ms. K.M., and ponder it in the same context as today's main blog. Mind you, I'm not against capitalism, but I like equity capitalism, not the finance capitalism that makes money merely by speculation on financial instruments (think of the derivative crisis in this regard folks, the crisis that has fallen right off the radar and that no one talks about any more):

An "Audible Gasp" Was Heard When The Chicago Fed Unveiled Its "Solution" To The Pension Problem

And remember, folks, the Federal Reserve is a privately owned central bank; it is not an institution of the federal government. Many shares are owned by a certain prominent European banking dynasty whose surname used to be Bauer, and their whole emphasis is always about owning land....

Hmm...

...oh, and speaking of no oversight, there's also this article from our friends at The Daily Bell (shared by Mr. V.T.):

Why Big Banks LOVE Paying Fines to the U.S. Government

Sounds like a protection racket to me...

Oh... then there's this, which appeared about the same time as the Old Lady of Threadneedle Street made its announcement about gold-backed crypto-currency experiments(shared by none other than Catherine Fitts):

https://freedom.social/Decentralized-Cryptocurrency-Nightmare_1.0.pdf