Cranking Up The Heat
A few weeks back I asked everyone to watch for the heat to be turned up on the Banking Cabal as we got closer and closer to the final Financial Reform Bill. Today's announcement that the Master of Darkness (Goldman Sachs) is being subpoenaed by the crisis panel to turn over documents is a good start to the week.
Goldman Sachs Subpoenaed By Financial Crisis Panel For Withholding Key Info
http://www.huffingtonpost.com/2010/06/07/Goldman-Sachs-subpoena_n_602846.html
Watch as more negative bankster news will be released in the next two weeks to assure that the Bill has enough teeth to take down the cabal. If ANY of the following measures are in the final bill you can kiss the cabal GOODNIGHT:
1) Any version of a Federal Reserve Audit that gets the nod from Ron Paul.
2) Any version of the Volcker Rule that gets the nod of Paul Volcker.
3) Any stronger tier 1 capital requirements for banks.
4) Any requirements for all derivatives to be traded on exchanges.
5) Any end to the "too big to fail" policies.
If ANY of these are included in the Final Bill you can call it the final nail in the coffin for the cabal as ALL of these items are the necessary tools for the current system to continue.
I'm of the belief that most, if not, ALL of these will be in the final bill.
TIMING: The current time frame for the finalization of the Bill is around June 24th but these things tend to stretch on a few extra days.
I find it very interesting that we are inching up to July 4th...maybe we'll have ANOTHER reason to celebrate our INDEPENDENCE!!!
THE HEAT IS ON!
Bix