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Contrary to what we learned in primary school, the 13th Amendment to the Constitution did not abolish slavery in 1865. The purpose of this amendment was to limit slavery to those who had been convicted of crimes.
Great numbers of newly freed blacks were then “convicted” and forced to work without pay in state prisons. This simply transferred the ownership of slaves from private parties to the state. Today, with the advent of private prisons and joint-venture prison factories, this ownership is shifting back to the private sector
There was an interview on CNBC of the renowned funds manager Julian Robertson. He is one of the greatest of the old-timers. 53 years on the Street. He manages the Robertson group of funds. They used to call him, still do call him ‘Never Been Wrong’ Robertson. He has predicted every economic cycle, every debacle, every bull market, and every bear market.
Originally posted by AWingAndASigh
The government says we're not in recession. Then WHY does everything seems so depressed? Could the government be hiding the true state of the economy for political purposes?
They couldn't hide it if people paid attention.
If the corporate media would actually talk about something of import, for a change, and with a modicum of depth, things would be much different.
It's not just the administration cracking down. The shareholders want their profits and the head honchos ain't gonna do anything to deprive them of that; especially if that means digging around in political/capitalist dirt. That would be stepping on too big a set of toes.
Originally posted by Bulldog 52
Why don't you face reality , America is only rich because it borrowed money to finance its arms race. Its like a credit card country and you have to pay back on your borrowing. Looks to me you cant do that so someones going to suffer.
A lot of someones are definitely gonna suffer when the bill comes due. And eventually, it will. That's why I think the media is aiding and abetting the government in not levelling with the people.