Another attempt to disrupt the economy of the United States by the fascist giant man gods of Mordor was the repeal of Glass-Steagall Act of 1933. Having giant man gods to influence both parties and sold as a way to make home purchases easier to obtain, the limit on subprime lending was repealed (Investopedia). This played a major role in the market catastrophe of 2007-2008.
The solution was the Dodd Frank Act. One part of this law limited speculation by banks. Though debated by economists it cannot be denied the repeal of this regulation of mid-level banks by Republicans and the Donald Trump administration led to the collapse of Silicon Valley Bank; the third largest bank failure in the history of the United States.
Another part of the Dodd Frank Act created the Consumer Financial Protection Bureau (CFPB). Currently Elon Musk‘s DOGE has gutted and is trying to abolish this department (CNN).
Jeffrey Epstein’s association with the Tower Financial ponzi scheme was the subject of this recent post.
Bear Stearns was an American investment bank, securities trading, and brokerage firm that failed during the 2008 financial crisis and the Great Recession. It’s highly leveraged portfolio and failure of two of it’s hedge funds signalled the beginning of the 2008 financial crisis. Jeffrey Epstein was a trader and then partner in Bear Stearns. Though he was asked to leave the company because of trading violations he remained close associates with Alan Greenberg and James Cayne, two CEO’s of Bear Stearns. Wikipedia
Two of Bear Stearns premier hedge funds were over exposed to mortgage backed securities and other toxic assets. These were leveraged at about 35:1.
On August 1, 2007, investors in the two funds took action against Bear Stearns and its top board and risk management managers and officers. The law firms of Jake Zamansky & Associates and Rich & Intelisano both filed arbitration claims with the National Association of Securities Dealers alleging that Bear Stearns misled investors about its exposure to the funds. Wikipedia
How did the fascist giant man gods of Mordor deal with those opposed to repealing Glass-Steagall?
Princess Marianne of the Netherlands, Princess of Orange-Nassau (9 May 1810 – 29 May 1883) was the daughter of King William I. She left her husband, Prince Albert of Prussia, because of his infidelity. She was then banned from the Kingdom of Prussia as this was considered unconventional.
Schloss Reinhartshausen in Erbach became her new home. She was dedicated to helping the poor. She founded The Johanneskirche, the first protestant church in the Rheingau in honor of her son who died at the age of 12 from scarlet fever. She was immensely popular with the people in her adopted region.
Theda Bara (July 29, 1885 – April 7, 1955) was an silent film actress who is considered one of the first sex symbols of American theater. She changed her name from Theodosia Burr Goodman. Many of her films were lost in the Fox vault fire of 1937. She married in 1921 and retired from acting in 1926. She died of stomach cancer in 1955.
Debra Jean Kent (March 12, 1957 – November 8, 1974) was one of brainwashed soul harvester Ted Bundy’s many victims (see Case Study 15). She was murdered at the age of 17. She disappeared after leaving a school play in Washington State. Her remains were not recovered but Bundy had been seen in the theater parking lot while the play was in progress. Bundy confessed to the crime.
Chandra Levy (April 14, 1977 – c. May 1, 2001) was a grad student on an internship in Washington DC working for the Federal Bureau of Prisons. She vanished while on a jog in a local park. She was being used by a handler from Mordor, guided into an affair with Representative Gary Condit (D-CA). Although the police searched the park her remains were not found until a year later.
Condit’s affair with the victim came out in the investigation and it ruined his political career. Condit was on the House Intelligence Committee. He opposed NAFTA and the Iraq War.
Gary Condit opposed the repeal of the Glass-Steagal Act
Ingmar Guandique was later arrested for the crime, tried and convicted in 2009. He had been arrested for assault previously in the same park. In 2015 he was deported to his home country of El Salvador. The giants figured out that an affair ala Monica Lewinski << and Bill Clinton wouldn’t bring down a politician. Though Condit had nothing to do with the murder his political career was over.
Most of us remember the giant Phil stumping hard for a US invasion of Iraq. This was intended to create a power void for Iran to fill (see this post) due to he and his cohorts previous attempts. Those same giants are puppet mastering people and raping hostages in Santa Fe every night to censor his son and pretend to be doing it by his command or for his protection.