7 in 10 Americans Think Government Is For The Banks And Big Corps (Not The People)

Discussion in 'Politics' started by poncho, Sep 20, 2013.

  1. poncho

    poncho
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    72% of the poor and 71% of the middle-class believe government policies (fiscal and monetary) have done little or nothing to help them. Of course, this will be eschewed by the academics (as Santelli recently exclaimed regarding the arrogance of the intellectuals) because "the people" just don't get it. But when 69% of all Americans, according a new Pew study, say large banks and financial institutions have benefited the most from post-recession government policies; communications policies are going badly awry. Despite a surging stock market, exploding home prices, and low rates spurring all kinds of subprime auto loan exuberance, there has been little change in these perceptions since July 2010.

    http://www.zerohedge.com/news/2013-...ink-government-banks-and-big-corps-not-people

    5 Years After the Financial Crisis, The Big Banks Are Still Committing Massive Crimes


    Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot be attributed to other banks without proof. But – as documented below – many of the biggest banks have engaged in unimaginably bad behavior.

    You Won’t Believe What They’ve Done …

    Here are just some of the improprieties by big banks over the last century (you’ll see that many shenanigans are continuing today):


    http://www.washingtonsblog.com/2013...nks-are-committing-more-crimes-than-ever.html
     
    #1 poncho, Sep 20, 2013
    Last edited by a moderator: Sep 20, 2013
  2. poncho

    poncho
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    Druckenmiller: Fed robbing poor to pay rich

    The Federal Reserve isn't just inflating markets but is shifting a massive amount of wealth from the middle class and poor to the rich, according to billionaire hedge fund manager Stanley Druckenmiller.


    In an interview on "Squawk Box," the founder of Duquesne Capital said the Fed's policy of quantitative easing was inflating stocks and other assets held by wealthy investors like himself. But the price of making the rich richer will be paid by future generations.



    "This is fantastic for every rich person," he said Thursday, a day after the Fed's stunning decision to delay tightening its monetary policy. "This is the biggest redistribution of wealth from the middle class and the poor to the rich ever."


    "Who owns assets—the rich, the billionaires. You think Warren Buffett hates this stuff? You think I hate this stuff? I had a very good day yesterday."



    http://www.cnbc.com/id/101046937
     
  3. Earth Wind and Fire

    Earth Wind and Fire
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    What do you call it when a government shows favoritism (by laws & economics & financial gain) to one industry (The Banksters) at the "Retrogression" of the average citizenry?

    It certainly is not democracy!!!
     
  4. poncho

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    Corporativism or corporatism.

    "In general, through corporativism special-interest groups employ their political influence in order to obtain economic control over some segment of the economy. That economic control increases the power of those groups, enabling them to garner even more political influence." Edwin Viera Jr.

    So, recall Roosevelt’s State of the Union Address in 1944, and ask, “Who really won World War II?” Why,

    Benito Mussolini, economically—because America now has a fully functioning fascist economy, centered around the Federal Reserve System;


    Adolf Hitler, politically—because America now has a régime based upon das Führerprinzip which claims the power to murder anyone it chooses, at home or abroad; even


    CONTINUE . . .
     
  5. poncho

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    Americans now know from rude experience what should have been obvious from simply examining the structure of Federal Reserve System as proposed in 1913:
    “Political money” in the hands of a central authority consisting of private bankers and their stooge politicians is fascism in the field of money and banking
    “Political money” infuses the economic principles of fascism into every aspect of life that currency and credit may affect.
    ”Political money” injects the political principles of fascism into every aspect of life in order to secure the dominance and permanence of the fascist economic system. Therefore,
    “Political money” is the precursor to and support for fascism in all things.
    The Federal Reserve System’s “political money” was foisted on this country by so-called “progressives” during Woodrow Wilson’s Administration. Rightly understood, though, “political money” is the tool of the most rapacious reactionaries. Here, one must agree with Mao Tse-tung that
    [a]ll reactionaries are paper tigers. In appearance, the reactionaries are terrifying, but in reality they are not so powerful. From a long-term point of view, it is not the reactionaries but the people who are really powerful.[13]
    So, what is to be done with these reactionaries? WE THE PEOPLE must recall the wise admonition of Josiah Quincy, Jr., who asked, “What boundaries will they set to their passions, who have no limits to their power?”[14] Americans must stop pussy-footing around with half-measures, and instead strike at the heart of the beast, by imposing strict constitutional limitations on money and banking. To wit,


    [FONT=Georgia, Times New Roman, Times, serif]CONTINUE . . .
    [/FONT]​
     

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