Manipulating Stocks for Fun and Profit
In addition to almost unlimited usury, the bankers have another method of drawing vast
amounts of wealth. The banks who control the money at the top are able to approve or
disapprove large loans to large and successful corporations to the extent that refusal of
a loan will bring about a reduction in the selling price of the corporation's stock.
After depressing the price, the bankers' agents buy large blocks of the company's stock.
Then, if the bank suddenly approves a multi-million dollar loan to the company, the stock
rises and is then sold for a profit. In this manner, billions of dollars are made with
which to buy more stock. This practice is so refined today that the Federal Reserve Board
need only announce to the newspapers an increase or decrease in their "discount
rate" to send stocks soaring or crashing at their whim.
Using this method since 1913, the bankers and their agents have purchased secret or open
control of almost every large corporation in America. Using this leverage, they then force
the corporations to borrow huge sums from their banks so that corporate earnings are
siphoned off in the form of interest to the banks. This leaves little as actual
"profits" which can be paid as dividends and explains why banks can reap
billions in interest from corporate loans even when stock prices are depressed. In effect,
the bankers get a huge chunk of the profits, while individual stockholders are left
holding the bag.
The millions of working families of America are now indebted to the few thousand banking
families for twice the assessed value of the entire United States. And these Banking
families obtained that debt against us for the cost of paper, ink, and bookkeeping!
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Last Updated on 04/23/98 by Darren Perkins 