Hoggers of the harvest

Hoggers of the harvest
by Steven James Pratt

“and they have broken my house” Ez, Canto LXXVI

House of supreme court and
whitechapel packed since 1776?

1970’s U.S. Gov. policy trending
deregulation to bait business
less oversight
less disclosure of                       information
about banks and other                financial
       institutions

thus, policymakers blind to
                 gangster role played by
financial inst. investment banks
                                        hedge funds and some gov.
funded enterprises
         a.k.a the SHADOW
                 banking system

October 82’ U.S. President Ronald
                                  'star wars' Reagan signed into law
 the Garn–St. Germain Depository
                               Institutions Act

sleazy adjustable-rate
                (mort)gage loans death pacts
the slithering process of banking
deregu' proceeeds
92’ Euro-members sign
                                        mass-tricked treaty

97' Alan Greenspan fought to keep the
                    derivatives market unregulated
Nov. 99’ U.S. President 'Wild' Bill Clinton
signed into law the Gramm–Leach–Bliley Act
                                     more loop holes for dereg'

01’Off-balance sheet entities
invoked by Enron as part of the
                                       rabid scandal

03’ Warren Buffett on derivatives:
                                 "financial weapons of mass
Augustus Gloop is stuffing his
            face

And if a few bankers and financiers
were jailed we would all be
                                 better off now?

04’ U.S. Securities and
Exchange Commission relaxed
the net capital rule and the shit
                                flowed into the mortgage nappy

06’ housing froth and bubble burst
                               in dung-bloom burst cycle peak
values of securities hand-cuffed to
                                                 US real estate
                                                        drop
                                                    like pennies

Fannie Mae and co. stroll on…
                                       predatory lending and/or
mortgage fraud,
                                             okey-dokey

Gov and central banks
                    react with fiscal stimulus, an iron fist
further funny-money policy buffering
           and institutional bailouts or
                                                   jail outs.

07’ August 7
                   BNP Paribas Netherlands
liquidates in financial bone marrow cancer

08’ U.S Total over-the-counter
(OTC) derivative
notional value rose to $683 trillion
                                          hell, a bit O.T.T mate?

2008’ U.S financial crime wave
                                       Bang! 08-13 global financial crisis
                 Boom! European sovereign debt crisis
                                              crisis crisis  for the love of Isis
what of barley, rice, cotton, tax free?

can we have balance and neutrality
in all courts, in ANY courts?
is their a truly honest judge
                          anywhere on this planet earth?

and dullards CasaPound hijack a turtle
                                     and a good poets worst
ever mistakes

08’ The U.S. Senate's
Levin–Coburn Report sez
crisis was the result of:
                             "high risk, complex
financial products
                       undisclosed conflicts of interest
                               the failure of regulators
the credit rating agencies
                            and the market itself to rein
in the excesses of
Wall Street"

Greedy sneaky double crossing
                                 fraud and conspiracy to commit robbery
     were not considered seriously
in 08’?

                                                    Hanging from a cemetery door:
                          TO BIG TO FAIL
                                                   TO BIG TO JAIL.
                                                       (1913-2013)

Several major financial institutions
                           collapsed in Sept’08
                                         global recession, we taste
                             the great credit
                                    crunch
snap!

                                 number of U.S unemployed
rose from approx. 7 million in 08
pre-crisis…
to 15 million by 09’

                             and if a few bankers and financiers and ministers
were jailed we would all have been
                                              better off by now?

yet the richest
                               criminals run wild and free
buy footballs teams, industry and
                                   daytime TV
all to raise the price of
                                                        stocks

09’ Another G20 summit
                                      the great new long lesser global recession
kicks in
              ministers only appear at night

In Ireland unemployment rose from 4%
06 to 14% 10'
the national
budget went from surplus in 07’
to a deficit of 32% GDP in 10’
                                        the highest in the history of Eurozone
                                                 control of the outlets?

                                  According to the CIA World Factbook
from 2010 to 2011 the unemployment rates
in Spain, Greece, Ireland, Portugal,
and the UK increased
                                   and Lee Harvey Oswald acted alone

11’ financial crisis inquiry
                          committee found that…
over the past 30-plus years
we permitted growth of
shadow banking system – opaque
and laden with short term
                                      debt – that rivaled the size
            of the trad. banking system.

         “criminals have no intellectual interests?” Ez, LXXVI

who knew the multitrillion-dollar
                                  repo lending market?
off-balance-sheet entities? and
                           abuses of over-the-counter
                derivatives were hidden from view
                                                        who Who WHO?

The crisis was avoidable
                                  disinformation ops on behalf of
international finance capitalism
                                           usuriocracy

like giving bunk directions to an
                                  elderly blind tourist

mass protest movements
             errupt
responding to crime wave
with peaceful alternatives, some
                               riots and open revolts bloom

12’ By the end of 11’
            Germany was estimated to have
made more than €9 billion
out of the crisis
                           investors flocked like vultures to safer
but near zero interest rate German
                                     federal gov. bonds, binds, bundles, bunds, punds

12’ July, the
Netherlands Austria
Finland benefit from
                                                zero or negative interest rates
may the reader pause for reflection

                                          the debt crisis crime wave forced
5 out of 17 Eurozone countries
                to seek help from other nations
by Dec. 12’
                                        and no such thing as public opinion

16 Dec. 2010
the Euro Council agreed
a two line cocaine fuelled amendment to the
                                                  EU Lisbon Treaty to allow a
permanent bail-out
                              mechanism to be established
                                  by political chicanery

the Euro Stability Mechanism (ESM)
is a permanent rescue funding
                                  programme to suck seed
the temporary Euro’ Financial
         Stability Facility
              and the Euro’ Financial Stabilisation Mechanism
July 12’

but postponed… until
after the Federal Constitutional Court
of Germany had confirmed
                                          legality of the
measures 12 Sept’ 2012
                               dragons snort rolling in pools of gold coin

London excluded from
future financial regulations
including proposed EU financial
transaction tax
                            and crime minster Cameron juggles
his nukes
           who tried to buy peace with money?

26 countries had agreed to the plan
leaving U.K as only
                         country not willing
to join.

in case of economic shocks
policy makers try to improve
                              competitiveness
by depreciating the currency
                       as currently in Iceland
which beat-off the biggest financial
crisis in economic history

                                           13’ China, India, and Iran
with sluggish growth
some drone attacks and
                 terrorism have NOT entered
                                                        recession

however eurozone countries
cannot devalue their
currency
                                        as Silvio Gessel and C. H. Douglas
and Ez might suggest

this may nip usury in the bud
         and present a new solution to
                                                      boom bust cycles
                              derivatives and crimes against nature
                                                          crimes against humanity

“A system which becomes in practice merely another hidden and irresponsible tyranny is no better than any other gang of instigators to theft and oppression—Ez, the proof of the pudding. 1937.

--Steven James Pratt (Fly Agaric 23) 25-28 May 2013.

Just Like “Finnegans Wake,” But With Charts – Senate Committee Issues Report on Financial Crisis

http://blogs.forbes.com/timothyspangler/2011/04/16/just-like-finnegans-wake-but-with-charts-senate-committee-issues-report-on-financial-crisis/

"When i read the court proceedings in Joyce's wake around page's 572-576, i instantly thought about the court hearing that will come concerning the banking turmoil and crash affecting all humanity, especially the poor and displaced peoples, due to the international global financial system in place in 2009.--Steve fly.

 James Joyce writes:
 

“This, lay readers and gentilemen, is perhaps the commonest

of all cases arising out of umbrella history in connection with the wood industries in our courts of litigation. D'Oyly Owens

holds (though Finn Magnusson of himself holds also) that so

long as there is a joint deposit account in the two names a

mutual obligation is posited. Owens cites Brerfuchs and Warren,

a foreign firm, since disseized, registered as Tangos, Limited,

for the sale of certain proprietary articles. The action which was

at the instance of the trustee of the heathen church emergency

fund, suing by its trustee, a resigned civil servant, for the

payment of tithes due was heard by Judge Doyle and also by a

common jury. No question arose as to the debt for which vouchers

spoke volumes. The defence alleged that payment had been made

effective. The fund trustee, one Jucundus Fecundus Xero

Pecundus Coppercheap, counterclaimed that payment was invalid

having been tendered to creditor under cover of a crossed cheque,

signed in the ordinary course, in the name of Wieldhelm, Hurls

Cross, voucher copy provided, and drawn by the senior partner

only by whom the lodgment of the species had been effected but

in their joint names. The bank particularised, the national misery

(now almost entirely in the hands of the four chief bondholders

for value in Tangos), declined to pay the draft, though there

were ample reserves to meet the liability, whereupon the trusty

Coppercheap negociated it for and on behalf of the fund of the

thing to a client of his, a notary, from whom, on consideration, he

received in exchange legal relief as between trusthee and bethrust,

with thanks. Since then the cheque, a good washable pink,

embossed D you D No 11 hundred and thirty 2, good for the figure

and face, had been circulating in the country for over thirtynine

years among holders of Pango stock, a rival concern, though not

one demonetised farthing had ever spun or fluctuated across the

counter in the semblance of hard coin or liquid cash. The jury (a

sour dozen of stout fellows all of whom were curiously named

after doyles) naturally disagreed jointly and severally, and the

belligerent judge, disagreeing with the allied jurors'

disagreement, went outside his jurisfiction altogether and ordered a

garnishee attachment to the neutral firm." -

JAMES JOYCE. FINNEGANS WAKE:

Part:3 Episode:14 Page:575

 

http://acrillic.blogspot.com/2009/03/hot-is-for-humanitas-on-trial-crash-of.html