Gee, I wonder who Did this to Us and Our Economy? Surprise, Surprise, the Same people who Own the S&P. LOL

What we're seeing here is a major 'insider' manipulation of our economy. Commentary by email,  JL, Pagosa Springs, Co.  Thanks, JL

(Vatic Note:  Now it all makes sense.   Wall street has had control of our Fed Reserve for at least a decade now with Paulson and Geithner, and of our Treasury dept.  They are the ones who did the bailouts and threatened our congress to do so.  Remember, our congress, in the house voted down the bailout.  They got threatened and finally approved it.   Its how the entire elected gov is being controlled.   They keep reminding the members of congress about JFK,  JFK Jr., Wellstone, anthrax to Leahy, 9-11, etc. You get the point. So now with this info below, its all into one nice package and big picture. This is the point where they bring us down with the 13 member super congress in place ready to take over.   They use their people to save us from what they did to us.  Nice, huh?  Just like they did in Russia and Germany.)

 

What we're seeing here is a major 'insider' manipulation of our economy.

Here's why:

1. The federal reserve system is responsible for 'maintaining' the value of our dollar and setting exchange rates.

2. The same, small group of inside shareholders own most of the stock in each major bank in the NY federal reserve system.

3. As it turns out, these same players are the majority shareholders of S&P (a division of McGraw-Hill publishers).



Here's the list of major shareholders:

As you can see below, the list of major shareholders for McGraw-Hill (S&P ratings company) is nearly exactly the same as the major shareholders of the major banks in the NY Federal reserve system.

Many (if not most) of these shareholders are NOT based in the United States. I encourage you to dig further. Go to finance.yahoo.com. Look up a company, then click on "Major shareholders" on the left hand side.

This is an incestuous group of offshore investors who essentially control / manipulate our dollar and the U.S. economy.

McGraw-Hill

STATE STREET CORPORATION 13,219,460 VANGUARD GROUP, INC. (THE) 12,700,984 OPPENHEIMER FUNDS, INC. 11,583,534 PRICE (T.ROWE) ASSOCIATES INC 10,123,060 BlackRock Institutional Trust Company, N.A. 7,541,685 DODGE & COX INC 7,145,277 FIDUCIARY MANAGEMENT, INC. 6,241,434 Capital World Investors 37,498,950

Citigroup (a major NYFED bank) STATE STREET CORPORATION 109,336,377 VANGUARD GROUP, INC. (THE) 106,566,654 FMR LLC 94,647,036 BlackRock Institutional Trust Company, N.A. 69,300,847 JP MORGAN CHASE & COMPANY 54,420,770 Capital World Investors 51,039,134 PAULSON & COMPANY, INC. 41,272,220 Bank of New York Mellon Corporation 32,334,689

Wells Fargo Bank: BERKSHIRE HATHAWAY, INC 342,623,925 6.48 STATE STREET CORPORATION 201,430,222 3.81 FMR LLC 199,105,601 3.76 VANGUARD GROUP, INC. (THE) 187,182,216 3.54 Capital World Investors 167,562,496 3.17 WELLINGTON MANAGEMENT COMPANY, LLP 152,451,637 2.88 BlackRock Institutional Trust Company, N.A. 127,846,678 2.42 DAVIS SELECTED ADVISERS, LP 93,493,190 1.77 DODGE & COX INC 90,998,349 1.72 JP MORGAN CHASE & COMPANY 88,094,321 1.67

Bank of America (BOA) STATE STREET CORPORATION 459,140,568 VANGUARD GROUP, INC. (THE) 367,462,397 BlackRock Institutional Trust Company, N.A. 258,068,893 JP MORGAN CHASE & COMPANY 212,406,485 Capital Research Global Investors 139,198,856 JANUS CAPITAL MANAGEMENT, LLC 138,866,931 WELLINGTON MANAGEMENT COMPANY, LLP 128,084,369 Capital World Investors 125,333,396 PAULSON & COMPANY, INC. 123,634,429 FMR LLC 121,244,950

JP Morgan Chase STATE STREET CORPORATION 163,393,908 VANGUARD GROUP, INC. (THE) 144,458,569 FMR LLC 129,731,859 PRICE (T.ROWE) ASSOCIATES INC 106,375,235 BlackRock Institutional Trust Company, N.A. 105,992,018 WELLINGTON MANAGEMENT COMPANY, LLP 89,651,480 Capital Research Global Investors 82,353,239 Capital World Investors 55,091,800 Bank of New York Mellon Corporation 54,615,722

Goldman Sachs STATE STREET CORPORATION 20,744,311 Capital World Investors 19,599,110 VANGUARD GROUP, INC. (THE) 18,311,709 BlackRock Institutional Trust Company, N.A. 13,372,248 MASSACHUSETTS FINANCIAL SERVICES CO - OTHER 11,518,906 AllianceBernstein, L.P. 10,139,709 JP MORGAN CHASE & COMPANY 9,531,309 WELLINGTON MANAGEMENT COMPANY, LLP 8,374,730 FMR LLC 7,462,573 FAIRHOLME CAPITAL MANAGEMENT 6,702,300

---

The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.