"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."
Woodrow Wilson, upon signing the Federal Reserve into existence.
"Meet the new boss, same as the old boss" - The Who, 'Won't Get Fooled Again'
Too tired to go off on a lengthy rant here, but I beg all people to do their best to educate themselves on the economy. If anyone believes that what is being done now is going to fix the problems (very, very severe problems) this country is having right now economically, you haven't done enough research. I'm not suggesting that Obama is nearly as bad as Bush, what I am suggesting is that in the big picture, it's nearly irrelevant who is president when it comes to the Federal Reserve. From the moment Woodrow Wilson signed the Federal Reserve Act in the last days of 1913, this country has effectively been run by one force; HUGE MONEY. Far beyond what you or i can even imagine, the cycle of booms and busts consistently has one winner, HUGE MONEY. Dem or Rep. doesn't really matter either, their political representatives are simply playing their part in an epic show, and the best they can hope for is a starring role, perhaps as a senator, or a president, or a lobbyist, or a talking head
So as you try to wrap your head around the dizzying array of numbers you see in the paper and on TV, remember that this game is rigged. Small example that many of you should be familiar with. Notice how the banks who received the enormous amounts of bailout money, (your taxpayer money!) That was pretty nice of us, Mr. and Mrs. Taxpayer, so the banks must be pretty appreciative, right? So why are they arguing about their right to continue paying huge bonuses to the very same "economic elites", the analysts that took your pension fund and flushed it down the crapper, took your 401K and started buying up derivatives, while you can't make your mortgage payment? Why are they angry that their credit card policies of egregious fees and arbitrary rate fee increases are actually being questioned? Because these "people", (using the term loosely, since those at the top of these institutions are less than human, since I always believed a human has some form of soul) don't give a crap about you,me, or anyone but themselves, for that matter. As corporate thinkers, they are effectively sociopaths, and we are their victims.
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