Davos: CEO of JPMorgan says you donít need to know how banking works, itís too complex to explain, just shut up and pay us.
2013-01-24 0:00

From: AgainstCronyCapitalism.com

Jamie Dimon in Davos Switzerland today explaining why people donít need to know whatís going on in the banking world. Itís too ďcomplex.Ē Just know that their fee comes from managing this ball of financial confusion. And thatís all you need to know.

There, donít you feel better? I mean itís not like the world bailed out the whole banking system or anything. We should have faith.

RIC Editor Comment:

"What Would You All Do?"(Without Us)

Oh I donít know, Mr. Dimon - letís imagine a world without banksters for a moment...

Ahhhhh ~

What shameless pandering by the CNBC talking heads in their damage control mode.

The Davos audience wasnít frustrated because Jaime Diamon was wrong - they were frustrated and upset because he was being unapologetically (and uncommonly) frank. That IS how the íDavos Maní feels. That IS how global bankers and CEOs feel. That IS the reality on the ground, and itís why people need to become aware of the fact that these financial arrangements arenít by accident, nor always well intentioned. Theyíre a carefully planned structure that ensure the rich grow richer and the citizens shut up and pay up.

By Elizabeth Leafloor

Tune into Red Ice Radio as guests speak more on the international banking system, the corruption, manipulation and lies involved:

John Perkins - An Economic Hitman on Predatory Capitalism & Corporate Monopoly

Bill Still - The Money Masters & The Secret of Oz

G. Edward Griffin - The Collectivist Conspiracy

Tracy Twyman - Alconomics, Money & Magic

Joseph P. Farrell - Babylonís Banksters, Global Financial Blackmail, Geo Warfare & The End Game

Gerald Celente - The Decline of USA & The Individual Solution

Birgitta Jonsdottir - Financial & Political Update from Iceland

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