6 corporations own 63% of US economy, page 2

reply to post by ghostsoldier

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get over yourself, if you knew what capitalism was you would light ur hair on fire and ran for the hills.

This is a banking cartel lead by the federal reserve, aka central bank.

Manipulating markets lying deceiving, and using government to empower themselves to profit themselves.

When a bank can lend 90% of its deposits what the # do u think will happen ?

THat is not capitalism my friend that is highway robbery. Thomas Jefferson,Kennedy,Lincoln,Andrew Jackson warned you about the banks.

YOU know what happens after the banks use your own money, to pay for lobbyists to turn your own government against you and to run up debt in your name? They turn you into slaves paying a cut of your labor directly to the banks if you get out of line ,Use the money taken from you through taxation to bribe your local politicians or send your great military to your town and turn them lose on the population,Yes they will shoot that is obvious. They usher in your socialism, then communism to cover there escape, and the banks fund them as well to further loot whats left, and to make sure the population will not seek vengeance either because they are to busy fighting themselves .

Know what you are fighting, It has happened for centuries around the world all countries have been touched by this theft.
It is all based on a currency that has no value and a private bank has the monopoly of printing that currency.

It is sooooooooo elementary.

I don't want to sound like im bashing you im not, i hear this stuff about that is capitalism like people repeat what some smuck told them and they don't understand that the banks fund both and use any system to rob people and leave massive amounts of innocent people holding the risk.

People think this is capitalism its absolutely not, 99% of the people in the states are surfs/slaves they owe the gov a cut of there labor off the top, and there homes are rented to them by the gov with a direct property tax.

There is nothing about your life that you own in this country accept the fact that you are reading my rant.

reply to post by TaxpayersUnleashed

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This thread is about massive companies a.k.a corporations.

Corporatism is a by product of unregulated capitalism.

I don't know where we got our wires crossed.

reply to post by TheCoffinman

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I'm affraid you misunderstand the difference between "assets" and "revenue". If we go by assets, banks are by far the largest.. however assets can sometimes be liabilities (and in this economy mostly are) .. however, we no longer know because of Mark to Market legislation (government interference) .. hence why banks suddenly started posting profits.

However, if we go by revenue, banks are in fact much smaller than the top 6 corporations (hence... they are not in the top 6... or 10 even.)

They do not represent such a massive portion of our GDP so much as they represent the lubrication that keeps the economy moving.. you could view banks as gasoline, but companies like walmart as the engine.

For instance: JP Morgan Chase.

2008 profit = $5.6 billion dollars........

Compared to that 400+ from Exxon. Who's bigger?

Companies like Jp, Citi, BoA etc have huge amounts of assets but again, per mark to market, their assets are mostly liabilities ... for the past 3 years the total value (including market capitalization) has decreased at significant rates. Per Mark to Market even with massive revenues companies like JP and Citi are loosing billions every Q .. but that's why we passed legislation to hide that little fact.


So.. in short.. no.. banks don't top the list.. in fact, they are more of a cancer to our economy right now. The list I provided on the last page is accurate.

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