Dr. Edwin Vierira gave this powerful presentation at the May 2012 Committee for Monetary Research & Education meeting at the Union Club in NYC:

http://devvy.net/pdf2/august2012/cmre_address_may_2012.pdf

Some highlights:

...So, finally, the fruit of monetary and banking corporativism, in all its bitterness, falls from the tree:

The big banks, financial houses, and dens of speculators which Americans are told are “too big to fail” have failed and will continue to fail. But the politicians will relieve them of the weight of their failures by shifting that load of moan onto the backs of ordinary citizens. That is, in the fascist lexicon, “too big to fail” really means “to big to pay”. “Too big to fail” means that someone else will be compelled to pay the price through taxes, through inflation, and through enforced austerity in living standards—someone else who cannot afford to pay, and is neither legally nor morally obligated to pay.

Thus America has arrived at the point of superordination of bank to state, and subordination of society to bank and state, the point at which the complex of bankers, financial speculators, and crony politicians has become so entrenched, and so puissant both economically and politically, that it can openly operate according to the principle:

“It is not the State which gives orders to us, it is we who give orders to the State!” This noxious principle cannot be overemphasized, because perhaps its most famous exponent was no less than Adolf Hitler, who made precisely that statement, at the 1934 Nazi Reichsparteitag.