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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