12 thoughts on ““The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustained growth and recovery.”

  1. t-rex

    tell the truth, jamie dimon? is that the question? bet your last ounce of blythe’s paper silver he wont. then again why should he.

  2. jarrollin

    I remember this movie from a couple summers ago when the goldman sachs fricks had to testify before a senate committee. spoiler alert: the senators will feign being appalled… then nothing really happens.

  3. Mother Earth

    Why this attempt to make someone do something? Replace him or disband his bank. Would you treat a child molestor that way? “Please stop beating my child, why don’t you stop beating my child? I believe you could stop beating my child!”

  4. Sharky

    Something I put together last night for fan’s of Warren G regulate,( banking parody), Max, would love it if you could post this on the blog I name dropped you in it!

    Warren G -No Regulators,

    CTFC , SEC , FSA , FINRA we don’t regulate any stealing of people’s property and we damn corrupt too,
    But you can’t be any geek off the street, gotta be in the City of London , Wall street club if you know what I mean, earn your keep!
    Financial REGULATORS do ‘f’ all, Mount up,

    It was a clear black night, a clear white moon ,Financial rapists were on wall street, trying to consume,
    some debt for the eve, so they can make more loans, just rollin in there Rehypothecated Tier 1, doing Gods work on their thrones,

    Just hit the Eastside of the corrupt Wall street,
    on a mission to find Mr. Jamie D,
    See JPM full of debt, about to freak, asymmetric hedges? and naked silver shorts starting to Creeek,

    So I hooks a flight out to London and see M. Blythe
    Manipulating and taking Down the silver price,
    I jumped out my ride, and said “WTF ”
    Not a regulator in sight so the price is temporarily stuck ,

    Buffet .W and Munger.C what they say is just absurd ,
    these uncivilised idiots going to hit the curb,
    Won’tcha think of better things than some Fiat mind tricks,
    I just stacked a load of barbarous relic to stick it to these di*ks,

    I’m gettin financially raped , There breakin myself, I can’t believe they taking Our wealth
    They took my 401k,
    They took my fake ETF’s,
    I looked at the bankers said “Damn, come on I got Jack all left!”

    The Bankers got Europe hemmed up and they all around ,
    Unelected Goldman Sachs technocrats stealing pound for pound,
    I gotta Bank Run real quick before they start to clown,
    I best put it into gold & silver and lay them bankers down,

    They got financial weapons to my head,
    I think I’m going down,
    I can’t believe this happenin in my own town,
    If I had silver I could fllyyyy and get rid of my pain,
    I glanced towards the future and I see my homeys Max Keiser & Chris Duane,

    Sixteen trillion in debt and only one in the vault,
    Fractional reserve banking is about to Make the markets turn cold,
    Bank stocks are droppin and there yellin but it’s a tad bit late, Zerohedge et al , going to regulate .

    They laid all them bankers down and let my precious metals explode,
    now were switching are minds back into think mode ,
    Get your Precious Metals sit back and observe,
    And well leave the Corrupt Wall Steet bankers over there on the curb,

    Congress got the freaks and that’s a known fact,
    before Gerald C & Alex J woke up I was on the same track,
    Back up Back up cause it’s on,
    N.D.A.A and S.O.P.A are clearly unconstitutional and wrong,

    Just like I thought the banks were in real sh*t in need of some desperate heelppp,
    The Obama and his administration were in need of some more campaign wealth,
    A lot of them banks were as big as hell, Obama said “ooohh I like your size.”
    They said “Yeah we’re Too Big to Fail and you seem real nice, would ya bail us out?”
    Now we got banks full of TARP and it aint going swell, the next stop for these corporate shills is the depths of heeellllllll,

    There tweaking the markets
    into a whole new era
    G-Funk
    Invest in this
    I dare ya
    Manipulation
    on a whole new level…….

    High frequency trading is the market and the market is in perill,

    LTRO
    QE
    Debt We bring
    TARP
    ZIRP…
    Where debt is the money,
    And the money is the debt,

    If you know the markets like I know , you don’t wanna partake in this,
    It’s the Ben Bernanke era and he’s messin round with Operation Twist,
    If you smoke like Ben smokes and your high on hopium everyday,
    All I can say is get your PM’s and expect QE to infinitayy,

  5. daddy warbucks

    The scumy regulators soon all getting the spotlight on their ‘lack of ability’, incompetence, gross negligence or is it just old fashioned corruption and complicity?

    Pretty soon we’ll see low level auditors singing to keep from getting thrown under the bus.
    Auditors would be fun toys in prison.

  6. John Robb

    Jesse presents some fine commentary on Whalen, Bloomberg, Morgan, etcetera, and as always I’m grateful to watch another fine Whalen interview and to hear his perspective. Whalen holds a valuable and stabilizing seat of perspective in my worldview much as does Ron Paul [and Schiff, Nader, Stockman, Chomsky, and others]. They both provide penultimate commentary on mainstream information. I also value the perspectives of those who speculate on information yet to surface in mainstream [Jim Willie, Paul Roberts, Jones, etc.], but Whalen and Paul always present solid rationale without engaging conjecture or controversy. Both can take mainstream information, however erroneous, and just by sticking to it make worthy commentary. For example, Ron Paul can simply read the 911 Commission Report and declare that the bulk of what we need to do to be more secure is to change our foreign policy. Whalen operates in much the same fashion. They are both the best at what they do.
    http://youtu.be/IVIFDpQhRmg

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