February 6, 2022
The current situation of the financial markets is disgusting. It has clearly been established to be this way since the deregulation in 1986, and the vote against regulations in the early 2000s. Since the Pandemic started millions more eyes and ears have become aware of the fraud that exists on Wall St and in these markets. Its not just politicians that have been the primary beneficiaries of illegal activities, but it is current Market Makers, Hedge Funds, and Banks also.
Daily more and more information pours into the light, publicly available information, mind you (and rightly so), that the longer this goes on, the more the entire world has begun to see that America is a huge financial scam. The lack of regulation, and the absurdly miniscule punishments for guilty parties, is alarming. It should concern America in departments far beyond the financial districts, as we have long been seen as leaders on a global scale.
The American public trust has been completely destroyed by those benefiting fraudulent activities, and the world is now able to see that they have been getting swindled, too.
With rising inflation, unabated and uncontrollable private FED money printing ($3.9 trillion of which flowed into these same corrupt financial markets while the American people were cast off as unimportant), top bankers and CEOS of those participating in said financial markets receiving massive bonuses during the pandemic where everyone else is struggling, and more eyes than ever focused on these problems, I fully believe it would be absolutely unwise to allow these shenanigans to continue any longer.
The fines for such activities should be exponentially increased, and prison sentences should be involved for everyone who has participated in the damage done to the American public, the global public, and to Americas image as a global leader.
I fully support this, and I believe much more needs to be done to bring criminals in the financial realm to bring about reform and justice, and that such reform should be retroactive as there is no excuse for how this has been allowed to happen or continue for so long. It would be shameful and disingenuous to suggest that the benefiting parties havent known any better. Even children know stealing is stealing and lying is lying, which fraud consists of both.
I look forward to seeing, and participating, in more change as time goes on, and I will continue to push that these changes need to happen.
There is nowhere to hide anymore, and there never should have been anywhere to hide as the impacts of Wall St, big banks, and Financial Fraud have always been far-reaching and broad.