Gerald Celente: The Federal Reserve is in Control of the Country
“First of all the whole issue of derivatives is a side issue. It was much bigger than that and much bigger than the sub-prime problem. Wall Street is nothing more than bookies in Brooks Brother’s suits. Credit default swaps, rates, securities, special investment vehicles, the whole thing is a rig game. Number two, it’s not going to happen under the legislation that’s in place for reasons that I pointed out and it turns that they’re still playing the same games and they’ve made the ‘Too Big to Fails’ entrenched. Look, two-thirds of the credit card action is controlled by three major banks. You don’t have to be a mathematician to add up the numbers here. So when they’re talking about the public won’t have to bail out the ‘Too Big to Fails,’ that’s not true…”
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