Cowardice

They kept information from the public

They protected the status quo

They ignored evidence

They sealed inconvenient truths from the public

They protected the Fed and government agencies

They prevented a jury trial by peers and the presentation of reasonable belief,
that the economy became rigged in 2008-9,10, 11, 12, 13, 14, 15, 16 and in the present moment

They let Jamie Dimon etc... off the hook

They let Obama and George Jr. off the hook,
along with Janet Yellen, Ben Bernanke etc...

"By occupying the seat of defender of the least powerful while advocating policies that would harm the least powerful, senator [Elizabeth Warren] has become a danger to her own cause."

"...Her position on the Banking Committee gives her an audience with the Chair of the Federal Reserve on a regular basis. Yet she has never taken the opportunity to raise the issue of monetary inflation and its ill effects. Instead she has focused on the Fed’s decisions not to “break up big banks” or “bring bankers to trial” for various misdeeds.

Which really isn't true;

JPM CEO Jamie Dimon Securities Fraud and Insider Trading

condoned by Hillary Clinton and Elizabeth Warren

http://greensboroperformingarts.blogspot.com/2016/06/jpm-ceo-jamie-dimon-securities-fraud.html

Elizabeth Warren and Hillary Clinton 

condoned Bank of America's Brian Moynihan Insider Trading and Securities Fraud

http://greensboroperformingarts.blogspot.com/2016/06/elizabeth-warren-and-hillary-clinton.html 

Some of these misdeeds are real, but none related to what Senator Warren contends are her main concerns: wage stagnation and income inequality. Indeed, whether most deposits are held and most loans are made by 10 banks or 10,000 banks won’t change income and wealth inequality if the banks are members of a protected cartel that creates money out of thin air and loans it into the financial system. Senator Warren’s efforts in this respect use up attention and energy that could otherwise be devoted to understanding what actually causes the wage stagnation and inequality: the systematic and perpetual wage and savings devaluation, and asset price inflation, conducted by our central bank.

Janet Yellen, Ben Bernanke, Eric Holder and friends

let Wall Street off the hook and printed money to bail out the pols,

got away with it without repercussion

and people like Elizabeth Warren who says one thing in public

let them off the hook behind closed doors

We should not quarrel with Senator Warren’s stated goal of protecting the least powerful in society, but we should take issue with many of Senator Warren’s proposed strategies to achieve her stated goal — because they don’t work.

If Senator Warren wishes to achieve her stated goals, then she should re-think her policy objectives, become familiar with basic economic principles, and adjust her policy prescriptions accordingly, especially with respect to the central bank."

https://mises.org/blog/elizabeth-warren%E2%80%99s-war-poor

Quantitative Easing didn't save the economy,

it saved those who caused the problems in the first place

by manipulating financial markets and pulling future growth into the present

for the benefit of those at the top,

and now 'we' are out of ammo;

http://www.zerohedge.com/news/2016-06-17/jeff-gundlach-things-are-going-get-pretty-scary

Greensboro Mayor Has Overdue Taxes

Greensboro Mayor Nancy Barakat Vaughan and her husband Donald Vaughan are partners in a Company called VM LLC which is behind on its property taxes. Click on the screen grab from the Guilford County Tax Department to view full size:

$8,466.88

And this one:

$1,535.93

And Donald hasn't paid his personal taxes either. His boat is 3 years behind. Apparently Donald Vaughan has no intentions of paying taxes on his boat.

$591.54

Don and Nancy's house in Irving Park:

$12,425.28

$23,019.63 in back taxes owed by Greensboro Mayor Nancy Barakat Vaughan and her husband Donald Vaughan. That's a year's wages for a lot of full time workers in Greensboro. As a matter of fact, a worker averaging $10 an hour for 40 hours a week working 50 weeks a year would only earn $20,000 a year. And thousands of full time workers in Greensboro don't make as much as $10 an hour.

And this woman wants you to think she gives a damn about Greensboro's poor working class.

Ready for the Federal Reserve to come to the 'rescue', again?

If a nation prints more money,
like cutting a 16 inch pizza into 16 slices instead of 8,
is each slice worth less?

Nations are not ruined by one act of violence

but quite often, gradually, and almost imperceptibly

by the depreciation of their currency through excessive quantity

Nicolas Copernicus

Discovered Earth was not the center of the Universe

If Nathaniel Rothschild accumulated gold
essential for supporting an army upon Napoleon’s return
in anticipation of an extensive military conflict
and rapidly increasing government borrowing
and profitably exchanged relatively high priced gold
for lower cost debt
in anticipation of sovereign debt stability
upon Napoleon’s defeat by Britain's Wellington at Waterloo in 1815,
could current circumstances reflect something like the same thing
only opposite?

If Germany’s central bank suspended the right

to redeem gold backed Reichsmarks during World War I

and 170 Reichsmarks bought an ounce of gold in January 1919

why did an ounce of gold cost 87,000,000,000,000 Reichsmarks

in November 1923?

"Now in modern markets
it is striking that exactly the reverse…applies

Governments all over the world
are about to flood the bond markets with paper
to finance their bank bailouts and economic stimulus plans...

…governments are about to need to raise the funds
to fight another Napoleon

This massive new supply of [electronically 'printed' money]
[could]depress the price of existing bonds

…governments all over the world
have embarked on massive money creation"

Peter Cooper
Seeking Alpha
(Hat tip for the Rothchild metaphor)

What if the pizza shrinks 

while the number of slices rise?