Consumers taking Control
I have been reading lately of a plan to finally do what our Regulators should have done....Break up the Banks
from what I hear those smart folks with the Occupy movement have come up with another good idea....Since our Government is in the pockets of the Banks and therefore will do nothing to stop unethical backroom dealings of the Big Banks or to break up the "Too Big to Fail" banks
The story I hear is the Occupy movement is suggesting that we use the tools these very institutions created to destroy the Banks...You know what instruments we are talking of...yes the Dreaded short positions and Derivatives...the same tools the banks are using against us
So how do we do this? Simply, we all remove our funds from the big five banks one at a time starting with JP Morgan....These are the same tactics Banks use, find the Weak one and attack...So we remove our money and place short positions on the Stock...Persons familiar with investing are asked to also short all instruments produced by JP Morgan...Our effort is to make the banks Collapse by making every instrument the banks present to fail...to make it unprofitable for anyone to do business with the Big 5 Banks who are destroying the World Economic System as we know it
If the Governments refuse to act we must do it ourselves and what better way to do it than with the very instruments the Banks use to destroy others...Justice is Sweet
It starts with JP Morgan, next we go for Goldman Sachs, Morgan Stanley, Bank of America, and Finally Citicorp
I love this plan...And ask all to participate... The best part of this plan is that it will end with these banks breaking themselves up rather than face the wrath of the Public
To be taken down by the consumer would be totally unrecoverable...there would be no saving the company...the only solution for survival will be capitulation....I don't think the Bankers are smart enough to see the Threat....lol...Fools...
The ironic thing of this plan is that we make money on our short positions as the Banks go down...haha...Just like the Banks do...except this time it is us that will be laughing...all the way to the Credit Union...lol...What a Beautiful World...