Professor William Black is a former bank regulator and professor of law and economics. He is also an outspoken critic of Wall Street bankers, and he says, “Outright fraud caused the great recession and they are able to do it now with impunity.”
Not a single financial elite that caused the crisis has gone to jail. Because laws are not enforced and crooked bankers are allow to do whatever they wish, Black says “Each crisis is getting bigger by an order of magnitude.” Meaning the next financial meltdown is assured to be much greater that the last.  Join Greg Hunter of as he goes One-on-One with Professor William Black.

  1. There’s a saying in the banking industry.  All profits inure to the private sector; losses go to the public debt.  The greater the opportunity for profit, fraud, theft and losses, the greater the draw to the criminals in this arena.  This will not change until these people are held accountable

  2. They all should have been prosecuted under Title 18 of The United States Code. However, the criminal element of group 545 (reference Gerald Celente) is a criminal organization. How many of you know that The United States Constitution and Bill or Rights is the Supreme Law of the Land?! Statutory and Administrative Laws are all man made up B.S. 

  3. “The U.S. Coinage Act of 1873 eliminated provision for the free coinage of silver.  That act cast the die for a gold standard.  The conventional view is that ‘the act of 1873 was a piece of good fortune.’  This paper indicates that it was the opposite—a mistake that had highly adverse consequences…”
    — The Crime of 1873 (Milton Friedman Paper)

    “I am persuaded history will write it [the act of 1873] down as the greatest legislative crime and the most stupendous conspiracy against the welfare of the people of the United States and of Europe which this or any other age has witnessed.”
    –Senator John H. Reagan, 1890.

    “[The demonetization of silver] was the crime of the nineteenth century.”
    –Senator William M. Stewart, 1889.

    What made silver’s millennia-old role as money so important that caused the above men to make such profound remarks about the all-out demonetization of silver instigated in the West in 1873?  And what does this say about a return to a gold-only monetary system standard as so many people seem to envision today?

  4. If you want a scarey interview scoot over to SGT report and listen to Suzanne Posen’s post about the banking shut down and martial law.  It is an interesting twist on Ann Barnhardt and William Black.  Connect the dots and circle the wagons

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