In a previous article I talked about a redistribution of wealth; a one-time emergency measure when the economic system fails again because of poor management and or corrupt leadership. This is done by taking that ownership of the failed publicly-owned systemic risk companies and redistributing some of that wealth to the people, communities and new management Read More…
Economy
It’s Time for a Redistribution of Wealth; A One Time Emergency Transfer From the 1% to the People
The biggest financial companies such as Deutsche Bank are struggling or collapsing and have been since 2008. They have been subsidized by public money. They are now kiting items on their balance sheets to postpone the inevitable. The population of Greece voted 60% in favor last year, of the government not accepting a bailout package Read More…
So You’re Sad Trump Won; But Remember Who Lost…
Who Lost: A Biased Media, Pundits, Pollsters, Political Parties, Warmongers, the Corporatocracy, Pay-to-Play Grifters, Neoliberals Fake Progressives are perfectly fine with soaring inequality and corrupt governance, as long as everyone’s public utterances are politically correct. Sometimes who lost is more important than who won. Let’s review who lost the election: 1. Let’s start with the Read More…
Hillary’s Hell Week Is Stock Market’s Longest Losing Streak in 36 Years
Last week I wrote that election week would be Hell Week all across the United States because of rage and violence and contested election results (regardless of who appears to win). I also warned that the week now past would prove to be a turbulent precursor to the coming chaos. True to that prediction, the week that started appropriately with Halloween turned into Hillary’s own personal Hell Read More…
Market Manipulation: Drilling Down On the Evidence
Ukraine and Syria have pipelines and crop fields, of which the group of 49 largest financial holding companies want control. The major shareholders instruct their chairmen to make more money. Since western society follow the instructions, they comply even if toppling a government costs lives. If the West had allowed or encouraged Russia to take Read More…
Financial Whistleblower Explains What’s About To Happen To The Economy
How is the government going to get people to pay their taxes if the government is not viewed as legitimate? ~ Catherine Austin Fitts The world economy is designed to fail through the mechanism of a banking system that requires all users of money to pay usury every time a transaction takes place. In this way, the financial Read More…