A Quote by Gerald Celente
When were we the most egalitarian country in the world? When we had the Glass/Steagal Act, which prevented the banks from becoming the criminal operations that they've become.
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I liked the so-called Volcker Rule. I would have separated investment banking and commercial, deposit banking, as we did under the Glass-Steagal Act. I would have brought back Glass-Steagal.
Since JPMorgan Chase announced its surprise $2 billion-and-growing trading loss, there have been renewed calls from economists, pundits, and politicians to reinstate the Glass-Steagall Act, a Depression-era law that prevented commercial banks from participating in investment banking activities.
The first thing to say is that the ordinary criminal law in this country, the Human Rights Act, the Children's Act, all of the laws of the country take precedence, but what I'm also saying is that within the context of a secular country, which Britain now kind of is, or at least a country which purports to be relatively equal between religions, there should be some scope for allowing faith communities to govern themselves - subject to it being consensual and subject to everyone's human rights being observed.
I am most grateful for having bad eyesight, which prevented me from becoming a commercial pilot and instead, led me to having the best job in the world - representing the people of California's 47th Congressional District.
I was in my early 20s when Estonia joined the E.U. For a kid who'd grown up in the Soviet Union, it seemed like my country had come of age. For a country that had been isolated and cut off from the rest of the world, it seemed like we were becoming part of the global community. It opened a whole new world of possibility.
Where previously the international underworld was a world of local, often-warring mafia territories, it has become globalised. The criminal has become corporate, and the corporate has become criminal. Organised crime has become very organised indeed.
Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.
And at the other end of the bar the world is full of the other type of person, who has a broken glass, or a glass that has been carelessly knocked over (usually by one of the people calling for a larger glass) or who had no glass at all, because he was at the back of the crowd and had failed to catch the barman's eye.
Being a writer is part of a noble tradition, as is being a musician – the last egalitarian and open associations. No matter what happens in terms of fame and fortune, dedication to writing is a marching-step forward from where you were before, when you didn’t care about reaching out to the world, when you weren’t hoping to contribute, when you were just standing there doing some job into which you had fallen.
When I became commander of the Joint Special Operations Task Force, I was leading thousands of individuals, from Special Forces to the broader interagency effort. I quickly realized that while we had the most best and most effective operators and small teams in the world, we were unable to scale.
I knew how many MPs I had assigned to the brigade, how many military prison operations I would be running, but we needed to evaluate how many criminal prison operations we could support.
The Obama administration is dedicated to increasing terrorism. In fact, he is doing it all over the world. Obama is running the biggest terrorist operation that exists, maybe in history. The drone assassination campaigns - which are just part of the special forces operations and so on - all of these operations are terror operations.
In existing criminology there are concepts: a criminal man, a criminal profession, a criminal society, a criminal sect, and a criminal tribe, but there is no concept of a criminal state, or a criminal government, or criminal legislation. Consequently what is often regarded as "political" activity is in fact a criminal activity.
Capital punishment is the most premeditated of murders, to which no criminal's deed, however calculated can be compared. For there to be an equivalency, the death penalty would have to punish a criminal who had warned his victim of the date at which he would inflict a horrible death on him and who, from that moment onward, had confined him at his mercy for months. Such a monster is not encountered in private life.
It's very important to go back and keep in mind the distinction between handling these events as criminal acts, which was the way we did before 9/11, and then looking at 9/11 and saying, 'This is not a criminal act,' not when you destroy 16 acres of Manhattan, kill 3,000 Americans, blow a big hole in the Pentagon. That's an act of war.
My agency in promoting the passage of the National Bank Act was the greatest financial mistake of my life. It has built up a monopoly, which affects every interest in the country. It should be repealed, but before that can be accomplished, the people will be arrayed on one side and the banks on the other, in a contest such as we have never before seen in this country.
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