JPMorgan Is Fed’s Fair-Haired Golden Boy

Now I get.

Now I understand why the Fed quietly slipped $138 billion to JPMorgan Chase last week.

Check it out:
1) JPMC is given a sweetheart deal to buy the carcass of Bear Stearns last spring.
2) Then it comes out JPMC is the financial entity the Fed has been using to manipulate the stock market and bash gold/silver (yes, THEY are the ones to blame for it).
3) Then the Fed slips $138 billion under the table to JPMClast week and lets them dump a chunk of their toxic derivatives crap into the sinking hulk of an abandoned Lehman Bros.
4) JPMC is David Rockefeller’s bank. 91 year old DR is THE money power in the US.

Now JPMC gets to cherry-pick the assets of freshly-failed Washington Mutual, using the Fed’s money.

So, I ask, which bank deserves to fail most in this derivatives-led US economic crash? Could it be the bank that has gambled more on these “financial weapons of mass destruction” than all other banks combined?

JPMorgan Chase, you say? Aw, you cheated! You clicked the report to the right that shows JPMC has $91 trillion gambled on derivatives. That’s EIGHT TIMES the entire annual economic output of the US.

“So what,” I say. They will be the last bank to fail! JPMC is the Fed’s fair-haired golden boy.

What does this mean? I suggest many more banks will fail. When a large bank, like WaMu goes under, JPMC will be in the mix, dumping their toxic debt garbage into them as they go under.

So, in a real twisted world, it may be that the safest bank to have your money in is the one the crooks turn to when they’re in trouble: JPMorgan Chase.

For your amusement here’s a list of the country’s biggest bank failures:

◊◊◊◊ Now: Gold @ $885.90, Silver @ $13.45, USDX @ 77.07 ◊◊◊◊
◊◊◊◊ Now: DJIA 10,949.50


5 Responses

  1. […] and precious metals to manage the collapse on behalf of the Shadow Powers. The Shadow Powers use JPMorgan Chase and Goldman Sachs for their proxy in market […]

  2. […] trying to “prop things up” consider this: the PPT is hiding behind JPMorgan Chase Bank [JPMorgan Is Fed’s Fair-Haired Golden Boy] to crash and suppressgold and silver prices, as admitted by the CFTC. The Commodity Futures […]

  3. […] Of course, the worst offender on the list remains JPMorgan Chase. I now believe they will never fail as they are the Fed’s “Fair-Haired Golden Boy.” [see post] […]

  4. Thanks for your thanks!

  5. The cartoon is hillarious!!! Thanks for the chuckle in a not so fun world.

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