tag:blogger.com,1999:blog-5724181159639068489.post9065842694538806036..comments2023-11-05T05:09:14.089-05:00Comments on Goldman Sachs: Information, Comments, Opinions and Facts: Goldman Sachs and Risk TakingRobertMhttp://www.blogger.com/profile/03960912417983904202noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5724181159639068489.post-20290720986535241162011-10-01T12:50:49.257-04:002011-10-01T12:50:49.257-04:00Mark Ames: Koch, Hayek & “Ideas for Sale”
htt...Mark Ames: Koch, Hayek & “Ideas for Sale”<br /><br />http://www.dylanratigan.com/2011/09/30/mark-ames-koch-hayek-ideas-for-sale/Anonnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-37735527671429999442011-10-01T11:49:50.426-04:002011-10-01T11:49:50.426-04:00Guest (below), what an interesting concept! Ellen...Guest (below), what an interesting concept! Ellen Brown also has done a lot of work on States having their own bank so that the money is not misused as Wall Street tends to do. Ellen pointed out that North Dakota is the only state with its own bank and that state did not suffer the financial losses that other states did during the meltdown.<br /><br />http://www.youtube.com/watch?v=yeB-2x7Yy0c<br /><br />The video describes how to get off the federal banking system.Joycenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-45950421508791753872011-10-01T11:04:35.920-04:002011-10-01T11:04:35.920-04:00U.S. States Seek to Break Financial Connection wit...U.S. States Seek to Break Financial Connection with Federal Government<br /><br />These adverse trends have been exacerbated by domestic politics. The rich have used their wealth to strengthen their grip on power. They pay for the expensive campaigns of presidents and congressmen, so presidents and congressmen help the rich – often at the expense of the rest of society. The same syndrome – in which the rich have gained control of the political system (or strengthened their control of it) – now afflicts many other countries.<br /><br />Yet there are some important signs around the world that people are fed up with governments that cater to the rich while ignoring everyone else. Start with the growing calls for greater social justice. The upheavals in Tunis and Cairo were first called the Arab Spring, because they seemed to be contained to the Arab world. But then we saw protests in Tel Aviv, Santiago, London, and now even in the US. These protests have called first and foremost for more inclusive politics, rather than the corrupt politics of oligarchy.<br /><br />5. The worsening condition of the real U.S. economy outside of large banks, multinational corporations, and Wall Street firms, where federal government bailouts and Federal Reserve monetary easing (money printing) transfer wealth from proverbial Main Street to literal Wall Street;<br /><br />6. The rapidly escalating polarization of the distribution of wealth, which threatens not only the economic stability of the United States but also its social and political stability; and<br /><br />7. The current, highly inflationary monetary system is plainly unfair and fundamentally immoral.<br /><br />The morally and literally bankrupt nature of the current U.S. financial system is transforming America into a dog-eat-dog society where every person seeks to live at the expense of someone else rather than by producing wealth, because production is systematically stolen by the federal government and by banks through the clever device of an inflationary monetary system. The monetary system operates by exchanging fictitious “wealth” (debt based money created out of thin air by private banks) for the real wealth of borrowers, i.e., the proceeds of their labor. In effect, the monetary system is a massive scam purported to be legal but lacking any demonstrable legal authority. Specifically, there is no Constitutional or other legal basis upon which the federal government can force a private monetary monopoly on the states. In fact, the Constitution of the United States explicitly establishes the exact opposite.<br /><br />The oversized banking system and federal government have grown in an unholy alliance in lock-step and now consume so much of the U.S. economy that, together, they not only pillage the real economy but threaten to kill, once and for all, what is left of the free country founded by the Declaration of Independence. The moral precedent and example set at the highest levels of the federal government and of the banking cartel is that profit, fame, success and wealth are (either directly or indirectly) rewards for immoral acts rather than for honesty in business. Moral corruption at the top–embedded in the very structure of the monetary system–has slowly spread its gangrenous effect, undermining totally the founding principles of the United States of America, enshrined in the Constitution of the United States and in the Bill of Rights. Rather than liberty, America’s legacy is fast becoming one of moral turpitude enshrined in financial injustice and oppression.<br /><br />http://www.jsmineset.com/2011/09/30/u-s-states-seek-to-break-financial-connection-with-federal-government/Guestnoreply@blogger.com