Memo To Harry: Please Take Down JP Morgan

Max Keiser suggested on his latest Russia Today cable TV show that we take down JP Morgan by forcing Fund managers to sell their JP Morgan stock. Fund managers have a legal liability – translation: they can be personally sued – to listen to any well documented investigation seriously the assets of any stock they hold for clients. Keiser said to get JP Morgan’s 10Ks, their 10Qs and their SEC filings to analyze just how much risk they have in relation to their capitalization. A few months ago a man I respect said the risk to capital ratio of JP Morgan was $2,000 of potential risk for every dollar of capital.

JP Morgan has a lot of naked short positions in silver and to a lesser extent gold. This means they are selling gold and silver they do not own. What happens to their depositors and investors if silver goes up as expected?

The Federal Reserve has created at least 1.5 to 2 trillion dollars in the past 2 weeks to bail out European banks including Rothschild owned BNP Paribas of Paris. But the FED has also spent 100 billion dollars to subsidize the losses of brokers and bankers who manipulated the stock and commodity markets to drive down gold, silver and other commodities while pumping up the stock markers or rather keeping them from tanking. Sooner or later the market will overwhelm the manipulators. What is puzzling to many observers is just how long this current manipulation has lasted. They usually quit after 2 or 3 days.

I read that the Hedge Funds are facing massive withdrawals from investors. Pumping up stock markets will allow an orderly retreat from the markets as 25% of all the Hedge Funds close their doors. Bur, as I mentioned in my last post, there are massive short positions betting S and P Stock Index will drop sharply by October 20th.

Driving silver and gold down will allow the Wall Street and City of London Insiders to buy all the bullion before the Greeks default and half a dozen other countries demand 50% debt forgiveness forcing Bernanke and Trichet to cough up 6 trillion dollars they don’t have. When, not if, this happens, the billionaire Bilderberger crowd wants to own gold and silver bullion allowing all of your savings and pensions denominated in dollars, euros and pounds to go to zero value.

Enter Mr Markopolos: The Harry in the above title refers to Harry Markopolos, the man who exposed Bernie Madoff’s Ponzi scheme to the SEC. If either Harry or a group of his associates investigated what is available publicly of JP Morgans books and concluded that their risk exposure on the downside was tens of trillions dollars greater than their assets, then Fund mangers would have a fiduciary responsibility to sell all of their Morgan stock. At this point, Keiser suggests you go to the Fund managers and tell them to naked short JP Morgan stock so the reality of their under capitalization becomes readily apparent and they cease to be a burden upon humanity.

A Hint: It has been suggested that JP Morgan does not have long positions in gold and silver to offset their potential losses if bullion prices go higher. Bob Chapman thinks they have bought CDS (Credit Default Swaps) which are a hybrid between a derivative and insurance to insure their losses. There is no institution or group there of that cover those tens of trillions of dollars in losses Morgan faces.

JP Morgan has bet tens of trillions that interest rates will not go up. Inflation in America is 11% and 12% in England. Who in his right mind would be willing to earn 1% at a bank when inflation is costing him 11% or 12% a year?

This inability to pay Morgan on their CDS if either gold or silver goes up or interest rates go up is called counterparty risk. This should be an essential element of any in depth analysis of the real value of Morgan’s stock.

The findings of this investigation must be made known to the SEC, the ratings agencies, the CFTC (Commodities Futures Trading Commission), bank regulators, the media and to shareholders at the next JP Morgan stockholders meeting. Max Keiser has been suggesting another complimentary tactic which is to buy silver and drive the price up so that you will trigger massive silver naked short position losses and CDS counterparty failure.

JP Morgan will go under no matter what we do. But the Morgue must go under when we say and not when they choose. Why?

We want them to go under before they can either start World War III or send the world into another Great Depression forcing us through fear of starvation to accept a Global Government which is to say a NWO Dictatorship of, by and for the bankers.

Below is the video in which Max Keiser makes his suggestions during the last few minutes. His guest is a Jewish comedienne who has not worked for so many years that I did not know she had been running for President of the United States and Prime Minister of Israel for the past year. She currently owns a macadamia farm in Hawaii which she paid way too much for. She has a reality cable TV show about her farm. Her economic solutions for America is that ten million Americans go back to the farm and raise organic food for export. I guess she wants the other 290 million Americans to work for the government.

She cannot challenge Obama in the primaries and force him to address real issues. All any opponent has to do is to show the video of her spitting and making an obscene gesture while singing the Star Spangled Banner on nationwide TV at the San Diego Padres ballpark.

If Mr Markopolos passes on this, maybe David DeGraw, Mike Krieger, Janet Tavakoli, William Black, Nomi Prins or someone else of equal stature could step forward. The world needs you now.

Related Article: If you are serious about taking down JP Morgan, you might also consider getting control of the US media which has been covering up for the criminals of Wall Street who have stolen tens of trillions of dollars. The Media has also promoted every war Americans and their fellow citizens of the world never needed.

Please consider this:
Hit The Media At Their Weak Point: Pull Their FCC Licenses


About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
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9 Responses to Memo To Harry: Please Take Down JP Morgan

  1. Pingback: Latest News | The Aussie Digger : Home of all Australian Veterans ex Service and Serving members

  2. Pingback: The Economy | The Aussie Digger : Home of all Australian Veterans ex Service and Serving members

  3. Luissss says:

    this girlie lies through her teeth. She’s either a mole or an agent provocateur.

  4. Actually, the Tea Party has been shown to be corrupted by your Jewish Comedienne on Anderson Cooper in her debate with Ted Nugent. Since Barr’s debate, we now find that the Koch Brothers have done many illegal things according to a Bloomberg investigation. We now know that Cantor is the favorite of the hedge funds wanting to blow another housing bubble. And then why are the bankers so against Elizabeth Warren? Because Warren wants to educate borrowers before they borrow. Bankers hate that transparency because they want to rip off the borrowers.

    This is war, and we are being attacked by banksters.

    Gary Anderson

    • horse237 says:

      Elizabeth Warren is a well meaning liberal who was opposed to be head of the Consumer Protection under the new Dodd bill because she would protect us on credit card fees.

      But that us all she is good for. She is a professor of contract law at Harvard Law school. She was given a 30 page credit card contract by Matt Taibbi. She could not figure it out.

      • No, the main reason the banks are against her is because she wants people informed as to a mortgage before they borrow. Now, ask yourself, why would banks care about this so much if they don’t want to blow another housing bubble? The answer is that they do want to blow another housing bubble.

      • horse237 says:

        Implode a mortgage Bubble?

        There too many delinquent mortgages out there.

        It does not matter whether it is credit cards or mortgages.

        She is not important as she does not want to replace the Federal Reserve with a Treasury Note.

        I really do not want to debate credit cards vs mortgages. She is of no use to us in the resistance.

        The dollar will not last long enough to pump up real estate. Don’t forget student loans which are as great as credit card debt.

        The FED is having extreme difficulty pumping up the stock market.

        Dr. Philippa Malmgren is reporting the Germans are printing up marks to replace euros.

        Time is limited before it hits the fan.

  5. And one last post before I leave this miserable site forever. The dollar will be stronger than you can stay solvent when Europe implodes.

  6. Pingback: End The FED Must Merge With Occupy Wall Street | Video Rebel's Blog

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