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No amount of legislation is going to make the entire corrupt Federal Reserve System into anything other than the bankster cartel.
Growing awareness of the nature of the ruling mafia also brings us deeper understanding of what our resistance represents and what is at stake.
The neoliberal agenda was the political expression of capital’s response to the stagnation and involved four mechanisms: the raiding and sacking of public budgets, the expansion of credit to consumers and governments to sustain spending and consumption, frenzied financial speculation and militarism.
Anyone who sets out the existence and nature of this entity – the criminocracy, as Mr. Cudenec calls it – is liable to be insulted from all sides as being as a “conspiracy theorist” of the “far left” or “extreme right”, an “enemy of democracy”, a supporter of “terrorism”, a “liar” or an “anti-semite”.
Take a look at Israel. What function does Israel perform for the empire? Do you think the empire cares about Israel’s national ideology, i.e. Zionism, any more than it cares about Saudi Arabia’s national ideology?
The flood of “hate” laws being introduced across the world, seeking to prevent so-called “online harm” is largely a response to growing public awareness of the nature of the criminocratic system.
The rule would limit high fees when they are used as a back-end profit center, and it would require compliance with TILA if the banks want to charge fees higher than those limits.