DC is obviously nothing but the platform creator for organized legalised robbery

Why should we pay or bail out (the banks) a system who's only aim is to rob the society on a legal framework and cannot survive on their own Ph.D. and MBA talent pool - the evidence is very clear they only can make the 'easy money' and there is no talent which needs to be paid.

All they do is to gather intel how to rob the system on a 'legal' scale

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford

Well its about time that justice comes above the law since the laws are made by corrupt people who assist the robbery by allowing legal ways to take other people's hard earned wealth away in many ways. From fabricating false inflation numbers to allowing banks to srew their clients.

For the primary function of lending the privat bank sector is not required that could be done by the same computers who make the HF scam possible on bahalf of the FED if the FED was turned into a real Federal entity with the aim to serve the people. All this sophisticated fancy banking stuff is just a distraction from the fact that they want to do the same like the Mobsters in Las Vegas get your money.

Excerpt

Wall Street profits from trades with Fed
> By Henny Sender in New York
>
> Published: August 2 2009 23:04 | Last updated: August 2
> 2009 23:04
>
> Wall Street banks are reaping outsized profits by trading
> with the Federal Reserve, raising questions about whether
> the central bank is driving hard enough bargains in its
> dealings with private sector counterparties, officials and
> industry executives say.
>
> The Fed has emerged as one of Wall Street’s biggest
> customers during the financial crisis, buying massive
> amounts of securities to help stabilise the markets. In some
> cases, such as the market for mortgage-backed securities,
> the Fed buys more bonds than any other party.
>
> EDITOR’S CHOICE
> Wall Street benefits from Fed and Treasury -
> Aug-02Editorial: The value of bank independence -
> Aug-02Opinion: Trichet should convene a trip to the beach -
> Aug-02In depth: US banks - May-07In depth: Central banks -
> Mar-09However, the Fed is not a typical market player. In
> the interests of transparency, it often announces its
> intention to buy particular securities in advance. A former
> Fed official said this strategy enables banks to sell these
> securities to the Fed at an inflated price.
>
> The resulting profits represent a relatively hidden form of
> support for banks, and Wall Street has geared up to take
> advantage. Barclays, for example, e-mails clients with news
> on the Fed’s balance sheet, detailing the share of the
> market in particular securities held by the Fed.
>
> “You can make big money trading with the government,”
> said an executive at one leading investment management firm.
> “The government is a huge buyer and seller and Wall Street
> has all the pricing power.”
>
> A former official of the US Treasury and the Fed said the
> situation had reached the point that “everyone games them.
> Their transparency hurts them. Everyone picks their
> pocket.”
>
> The central bank’s approach to securities purchases was
> defended by William Dudley, president of the New York Fed,
> which is responsible for market operations. “We believe
> that opting for transparency is a greater good,” he said.
> “If we didn’t have transparency, we’d be criticised on
> other grounds.”
>
> However, another official familiar with the matter said the
> central bank “has heard that dealers load up on securities
> to sell to the Fed. There is concern, but policy goals
> override other considerations.”
>
> Barney Frank, chairman of the House financial services
> committee, said the potential profiteering may be part of
> the price for stabilising the financial system.
>
> “You can’t rescue the credit system without benefiting
> some of the people in it.” Still, Mr Frank said Congress
> would be watching. “We don’t want the Fed to drive the
> hardest possible bargain, but we don’t want them to get
> ripped off.”
>
> The growing Fed activity has coincided with a general
> widening of market spreads – the difference between bid
> and offer prices – as the number of market participants
> declines. Wider spreads enable banks, in their capacity as
> market-makers, to make more profit.
>
> Larry Fink, chief executive of money manager BlackRock, has
> described Wall Street’s trading profits as
> “luxurious”, reflecting the banks’ ability to take
> advantage of diminished competition.
>
> “Bid-offer spreads have remained unusually wide,
> notwithstanding the normalisation of financial markets,”
> said Mohamed El-Erian, chief executive of fund manager Pimco
> in Newport Beach, California.
>
> Spreads narrowed dramatically during the years of the
> credit bubble.
>
> Brad Hintz, an analyst at AllianceBernstein, said he
> doubted that spreads would ever return to those levels, a
> development that could be pleasing to the Fed.
>
> “They want to help Wall Street make money,” he said.
>
> Additional reporting by Brooke Masters in Washington
> Copyright The Financial Times Limited 2009