While the Banks control Congress, the American people remain the real losers.

“The bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.” Andrew Jackson

It was 1836, and the central bank had attempted to take control of the Federal government, sensing the power the bank asserted over the nation and the influence its money contained over the destiny of its citizens Jackson vowed to shut the bank. He succeeded!

Now more than170 years later we find ourselves once more embroiled in a struggle against the banking interest over control of the US government and even the destiny of America as a nation. We are failing! And as we fail, we present a new decade of enslavement for not only ourselves but a season of global instability.

It was 1907, and 71 years after Jackson made the nation aware, when JP Morgan set in motion one of the greatest scams America could ever envision, the great panic leading to the passage of the Federal Reserve Act, where Wall Street took control of America.

Until this panic congress had been reluctant to allow the Banks to control the issuance of our money, mainly due to the constituency who at the time understood the real nature of Bankers and mainly held them to a high level of distrust. Morgan and his allies set in motion rumors that created an atmosphere of fright, the rumors were calculated to cause a run on New York’s prominent banks. Morgan then rode to the rescue bringing in some 100, million of Rothschild’s gold to save the day, his white horse made him a stunning figure, and continued his legend as the leading banker of his day.

But it didn’t stop there JP Morgan Jr. attempted the unthinkable, too actually over through the US government. It was 1934 and Morgan led and financed the failed attempt to over through the legitimate presidency of Franklin Roosevelt, though it failed it showed the true character of Americas leading bankers, and showed them as the real villains of American free enterprise, Morgan and his other allies such as chemical industrialist Irénée du Pont, their avowed purpose to form a fascist government.

Now that fight continues at the treasury where some want what Obama and his co-harts don’t, real Bank reform. Let’s face it Congress is completely dominated by Wall Street money and that money means influence amounting to control. Today Money buys loyalty, and there is little money on Main Street to even buy a hot dog. So the loyalty of congress and yes even the president himself goes to Wall Street insiders. Like JP Morgan and Goldman Sachs.

Deputy Treasury Secretary Neal Wolin reiterated Thursday that he would like to see the "Volcker rule" included in the bank reform bill now being finalized, and reconciled in congress, the thrust of the “Volcker rule” would separate banking from proprietary trading, a revisit to Glass Steagall. Since the FED under Greenspan and as he was directed by his association with JP Morgan, Glass Steagall was dumped by the FED and later by Congress and Clinton.

Yes to reinstate Glass Steagall would be a beginning, but there is so much more required. And America sadly lacks the stomach for a real fight.

The Gods of Finance speak softly but carry a big “Carpet Bag”

Wall Street appears primed to surpass even the carpetbaggers of the 1860”s and 70’s with the number of foreclosures actually occurring and yet in the works.

During the civil war Reconstruction Period (1865-1870) many people from the Northern States went south because it was so pitiable that there were many opportunities for a person with even a little money.

For example you could own a farm with hundreds of acres by paying the past due taxes, often as little as $25. The carpet bags these men carried were laden with money.

Those Opportunities attracted all sorts of people, from honest hard working farmers, to crooks, charlatans, con artist and of course crooked politicians, and bankers. All these outsiders were (identified by their Carpetbag) and were called “Carpetbaggers”, then and still, in many parts of the south.

Probably the worst Carpetbaggers were the politicians who used their positions in the corrupt Reconstruction Government to enrich themselves through bribes, graft and other contemptible acts at the expense of native Southerners.

Today the dictionary defines a Carpetbagger as “an outsider involved in politics”. And appropriate describes the Wall Street Titans, who no longer carrying their identifiable carpet bag still lavish their money on politicians and control the US Congress and even the White House!

These new Carpet baggers now control every facet of the US Economy, they own more than 7 million private residences, which they have foreclosed, and they are in the process of foreclosing on another 8 million and there are still some 15 million directly behind these.

Through their corruption they have divested the states of their ability to support government by reducing the tax roles and the numbers of employed, and have driven the US government to the verge of bankruptcy, yet these same carpet baggers provide themselves a life of luxury with grandeur and bonuses that are surreal in a lifestyle that most of us could only live in a dream.

The carpet baggers were evil in the 1860’s and they are more evil today!

Yet in the midst of this evil the American people want and deserve to reform a system that has always been corrupt. A movement is afoot in congress but as always the carpet baggers will prevail and no meaningful legislation will pass. To insure this failure according to the Center for Responsive Politics, JP Morgan Chase spent $1.5 million on lobbying during the first quarter of the year, Citigroup spent $1.4 million and Goldman Sachs spent $1.15 million –

Lobbying is a legal form of bribery!

Reasonable people might ask: Why all the worry?

Today most Americans are inclined to see Wall Street as they are a predatory and all-devouring reprobate. That is all but those who are on the banks payroll as are a substantial part of Congress.