morgan chase chief executive jamie diamond and he says he expects more u.s. manesar polities to declare bankruptcy and urged caution when investing in the two point nine trillion dollar public debt market in the united states. jamie diamond he's a suicide banker and a financial terrorist because memory if memory serves going back a way is what's the other part of this i think there's another part of this whole thing many of the municipalities right now are going bankrupt because of declining revenue but they were started down that path of bankruptcy you might recall by headlines we were covering last year this is from two thousand and nine j.p. morgan settlement bank to pay see over seven hundred million dollars over charges of illegal payments so j.p. morgan chase last year agreed to pay seventy five million in fines and forfeit six hundred forty seven million in fees to settle federal regulators charges that it made unlawful payments to friends of public officials to win municipal bond business in jefferson county alabama and just in december of last year s

this psychological profile of jamie diamond lloyd blankfein goldman sachs j.p. morgan this guy bailey is that of the arsonist the arsonist likes to burn things down there pyromaniacs here on wall street you have got debt maniacs they like to destroy things with debt and they like the price of debt to be as cheap as a pack of matches. if the price of dead is a cheap as a pack of matches as it is now they can continue to burn things down to destroy the economy like they're doing at this very moment and what is the obama administration doing they are giving the pyromaniacs and the arsonist more starting fluid more lighter fluid more matches whatever they need to destroy the economy so you have to ask the question is obama in the pocket of the financial terrorist yes he says. it's been described as israel's big is a huge facility where it's claimed phone calls and e-mails from who cross the middle east and beyond to me monitored for intelligence where hidden from the prying eyes for decades in the desert it's become a focus for investigative journalists. has more on

the predatory lending down there in the ghetto on wall street so that clear office job you know jamie diamond j.p. morgan is a big big furry pimp pat then go up to the ghetto around america and say i go to purgatory loans all his own the pimp daddy pip shark you know it's disgusting if you think about it that they applied ghetto economics loansharking payday loans dealing is a primary business and sending out their ghetto gang bangers the u.s. pentagon sponsored military to go rape and pillage this is the entire business while supporting these banks that takes me to this next headline max and obama's new chief of staff william daley j.p. morgan vice chairman lobbied against financial reform foe of health care bill oppose consumer protection bureau he apparently was against it when timothy geithner called him to basically lobby j.p. morgan for support of the consumer protection bureau he said at the time that he believed that there were sufficient consumer safeguards already on the books yeah well he's a stone cold liar and he's obviously part of the same ghetto economics of getting america in

. >> i am jamie diamond from cumberland, rhode island. >> why are you here? >> i applied for a fellowship to come. i was interested to see how washington has changed, how the institutions have changed, because people that were elected the aware of the continuity or the dynamics. >> what have you learned? >> it is quite a different place. i think the media has changed things, yet it also gave me a chance to reflect on events that are really informative, where the american political consciousness is now. i think the september 11 really resonated. even in the speakers and exhibits. in what has made the biggest impression on you? >> two pieces in particular. the first was a presentation by a professor from the university of texas law school. she talked at length about the habeas corpus process, for detainees at guantanamo. it really showed that -- these are people that are not like the american population. they are not typical criminals. they are not -- they are people but they are still given in most cases the right to habeas corpus, and it shows their commitmen