August 30, 2010
I have found that my money is being used as a gambling chip.. I don't think anyone in the financial industry has to care about fiduciary duty or any other duty at all. All risk is ours....they take their commissions and we're stuck paying the gamblers. Our government has not made the banksters (or related criminals) pay any kind of penalty for almost destroying our economy.....in fact they have all "made out like bandits"...... It looks as though we have our own aristocracy, not based on lands or titles given by a monarch for battle prowess, but on financial manipulation and the ability to turn any possibility into huge money making prospects, and manipulate the government and law.
Basically, there is no one to trust because the underlying system doesn't encourage trustworthiness.