Let me just point out, to those still in denial, that this entity is the physical embodiment of a massive conspiracy. Perhaps it started out as spontaneous self organization, but at this point it is certainly “self-aware” and in pursuit of its own collective interests. A particularly dangerous form of artificial intelligence. This is the way conspiracies work: they are simply networks of mutual self interest, and successful ones exploit sophisticated techniques of enforcing internal control, such as mutual blackmail (see http://thoughtcrimeradio.net/2015/05/americas-greatest-child-sex-scandal-boys-town-in-lincoln-nebraska/ and http://thoughtcrimeradio.net/2014/12/franklin-coverup-the-white-house-call-boy-ring/ ) or psychological manipulation (http://thoughtcrimeradio.net/2015/03/tools-of-oppression-stanford-prison-experiment-milgram-obedience-experiment-asch-conformity-experiment/) . Note also that to the extent that mutual blackmail networks have an overarching philosophy, it would have to be satanism. This is not rocket science.
And to belabor the point of the existence of powerful, long-standing conspiracies that have infiltrated the most reputable bastions of the establishment, please note the generations of economics journalists and university-educated economics professors, including nobel prize winners, who have and still largely remain mute on the reality that banks create money out of nothing and that the federal reserve is not federal and there is no reserve, while the same banks take (steal) peoples’ houses, cars and land without recourse, and the fed repeatedly pumps and dumps the entire economy for the benefit of its shareholders.
Can we all become adults now?
I would like to introduce you, the reader, to some realities of our global banking system, resting on the rhetoric of free markets, but functioning, in actuality, as a global cartel, a “super-entity” in which the world’s major banks all own each other and own the controlling shares in the world’s largest multinational corporations, influence governments and policy with politicians in their back pockets, routinely engaging in fraud and bribery, and launder hundreds of billions of dollars in drug money, not to mention arms dealing and terrorist financing. These are the “too big to fail” and “too big to jail” banks, the center of our global economy, what we call a “free market,” implying that the global banks – and corporations – have “free reign” to do anything they please, engage in blatantly criminal activities, steal trillions in wealth which is hidden offshore, and never get more than a slap on the wrist. This is the real “free market,” a highly profitable global banking cartel, functioning as a worldwide financial Mafia.
Scientific Research Proves the Existence of a Global Financial “Super-Entity”
In October of 2011, New Scientist reported that a scientific study on the global financial system was undertaken by three complex systems theorists at the Swiss Federal Institute of Technology in Zurich, Switzerland. The conclusion of the study revealed what many theorists and observers have noted for years, decades, and indeed, even centuries: “An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.” As one of the researchers stated, “Reality is so complex, we must move away from dogma, whether it’s conspiracy theories or free-market… Our analysis is reality-based.” Using a database which listed 37 million companies and investors worldwide, the researchers studied all 43,060 trans-national corporations (TNCs), including the share ownerships linking them.
The mapping of ‘power’ was through the construction of a model showing which companies controlled which other companies through shareholdings. The web of ownership revealed a core of 1,318 companies with ties to two or more other companies. This ‘core’ was found to own roughly 80% of global revenues for the entire set of 43,000 TNCs. And then came what the researchers referred to as the “super-entity” of 147 tightly-knit companies, which all own each other, and collectively own 40% of the total wealth in the entire network. One of the researchers noted, “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network.” This network poses a huge risk to the global economy, as, “If one [company] suffers distress… this propagates.” The study was undertaken with a data set established prior to the economic crisis, thus, as the financial crisis forced some banks to die (Lehman Bros.) and others to merge, the “super-entity” would now be even more connected, concentrated, and problematic for the economy. …In the United States, five banks control half the economy: JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs Group collectively held $8.5 trillion in assets at the end of 2011, which equals roughly 56% of the U.S. economy. This data was according to central bankers at the Federal Reserve….