It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

6 corporations own 63% of US economy

page: 2
13
<< 1   >>

log in

join
share:

posted on Apr, 28 2010 @ 10:43 PM
link   
yeah, any word on that list misoir? lots of guessing right now... my bet is on banks, even the largest oil, big pharma wal-mart etc have to put their money in banks...




posted on Apr, 28 2010 @ 10:49 PM
link   

Originally posted by boondock-saint
how many people have played Monopoly
the board game ???

well this is almost identical. We're down to
everybody going bankrupt cuz we cant afford to
travel around the board.

Game over, I dont wanna play anymore


haha your posts make me LOL many times and this one sure as hell made me laugh out loud because of the truth and how well you put it. Good on you



posted on Apr, 28 2010 @ 11:34 PM
link   
reply to post by ghostsoldier
 


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.



posted on Apr, 28 2010 @ 11:45 PM
link   
reply to post by TaxpayersUnleashed
 

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.



posted on Apr, 29 2010 @ 12:59 AM
link   
reply to post by TheCoffinman
 


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.



posted on May, 1 2010 @ 08:47 AM
link   
If I am not mistaken the news that is potentially being referred to here is that *6 Banks control 60% of GNP* (GNP neing an even larger number.) Do your seraches from this perspective and you will find plenty.



posted on May, 1 2010 @ 09:45 AM
link   
/2d86l86

This is a link to what I am talking about, if it isn't as relevant as I think it is my apologies in advance.



posted on May, 1 2010 @ 09:48 AM
link   
/2d86l86

Not sure why the link didn't show up correctly. One more attempt. If it still doesn't show up correctly then search Bill Moyers "6 banks that control 60% of GNP".
And that statement does refer to assets they control.



new topics

top topics



 
13
<< 1   >>

log in

join