the two financial institutions own our economy

Well it is certainly no surprise the Largest 2 shareholders of the ASX as at 1 August 2012 with number of shares % of issued capital is:

1. HSBC Custody Nominees (Australia) Limited
24,965,542 14.25

2. JP Morgan Nominees Australia Limited
23,792,023

These two well-known market manipulating unethical and dishonest financial institutions are not only the top two shareholders of the ASX, but they are also in the top five shareholders of just about if not all, of every Blue Chip Australian Company listed on our stock market which includes all of our Big 4 Banks, RIO Tinto and BHP which make up over 40% of our stock market alone.

The excessive ownership of our stock market by these two Banking Cartels is a travesty and a massive blight on our market and economy. The Australian Stock market is rigged by these two financial institutions.

When they go down, they will take our entire market with them. JP Morgan’s excessive debt due to bad derivatives is well known to a point where many reputable financial reporters claim JP Morgan are technically insolvent.

Many Australians are now becoming aware of the fact that these two financial institutions not only control our market but they control just about everything that makes up our financial lives which is totally not acceptable.

People are now waking up and can see through the lies; we are losing trust or have lost trust in the SCAM which is the fiat currency system, the corrupt Banks that make fiat currency system and the families that control them. Many Australians no longer trust the Australian stock market to operate in a fair and reasonable manner.

You can’t tell me that these two financial institutions don’t unfairly influence the market in their favour on a daily basis, financially disadvantaging the average mum and dad investor. You can’t tell me these two Banking Cartels don’t influence the regulators and don’t receive inside information to gain a financial advantage i.e. information that average investors are not authorised to get legally on a daily basis.

These 2 x Banking Cartels have excessive, unbalanced or disproportionate holdings across the entire stock market, and a massive influence on the market regulator and listed entity being the ASX.

There needs to be a major overhaul of the ways and methods in which our unsavoury stock market operates and how much shareholdings an individual financial institution can actually own.

The monopoly of major shareholdings these institutions have means they can influence every board of every company they have a major shareholding in. They can influence pricing and distribution of resources, food, the price of drugs and just about every commodity you can think of.

They maintain a daily market advantage that no other investor can have which defeats the purpose of a fare and free market for all Australians.

These two institutions have an iron grip on our stock market, how and why our Government and pathetic market regulators have allowed this to happen without being challenged is beyond belief. Why this issue is not questioned and challenged widely by the Australian public is worrying.

There needs to be a Parliamentary enquiry into these two financial institutions. They should investigate how market regulators have allowed these institutions to control our stock market and all of the major companies that make up the Australian Stock Market. How have these two institutions been allowed to literally and stealth fully buy up the entire Australian economy?