Dr. M.J. Beck MD

About the Banking Problem.

If you would parallel the problems of the banking industry as it is today, with the past failings of the Savings and Loans issue in the 1970’s it would prove to be fact. The same ideological people in financing used the repeat strategy of Government bail out as an excuse.

Our financing has never met such bail out. Indeed if we miss our house payments due to wrongful investments, over payments, outrageous expenses etc, 1) I guarantee that our banking fiends had no mercy on such action. 2) Poor investments are our fault and the government is not responsible to bail us out. 3) While crying wolf, it is proven fact that the banking industry has pocketed high and outrageous fortunes dividing the wealth between the higher ups, etc. 4) The truth comes out that these same persons demanding payment, increasing mortgages, interest, and penalties are the same that had the most severe failings ie: Savings and Loan Crisis 1979.

A Government bail out was not effective then and in fact promoted the same CEO’s of that day and age to indulge in traditional banking with salary ranges 51 Million Dollars and up.

The same “Three States” at a time theory masked their devious invention of robbing 401K savings by rolling them into a Corporate pool and intensely into a)someone elses name b) some other bank and c) so hidden by a mandate of account numbers that the lost retirement fortunes of the “Baby Boomers” has been robbed electronically.

A Government Bail Out did not work then and it will not work now.
All that has comprised of the effort has made these banking giants Cruel and Indifferent.
Sincerely

Dr. Marsha J. Beck MD