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How to save Capitalism

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posted on May, 17 2010 @ 12:06 PM
reply to post by TheCoffinman

That quote by Rockefeller BTW means:


I am not sure what you think it means.. it is fairly obvious IMO

posted on May, 17 2010 @ 01:30 PM
Capitalism as such no longer exists in any macro sense. It has been replaced by Financialism--where money is made not by producing and selling real products, but by gambling with other people's money. Thats how the big banks have made unprecedented profits over the last few zero risk, because they know that all their losses will be passed on to the taxpayer.

The only way to save Capitalism is to destroy the scourge of Financialism, (i.e., separate commercial banking from all speculative trading), and get rid of central banks of all varieties, where the right to issue currency and control the credit of a nation or group of nations is in the hands of the big banks, which literally own the central banks.

He who controls money and credit, controls everything, including the government, the corporations, and the markets. Control is opposed to free market capitalism. So to save capitalism, we need to completely restructure our banking system....which probably wont happen until there is a general economic collapse of the entire global system.

Few people realize that one of the purposes of the Communist Revolution in Russia was to establish a central bank of Russia, which had resisted this for centuries. Lenin held that "Without a central bank, there can be no socialism". The opposite is also true: "With a central bank, there can be no free market capitalism".

[edit on 17-5-2010 by Angiras]

posted on May, 17 2010 @ 02:02 PM
The One Percent

is an excellent docu on the topic of wealth disparity for those that have the attention span to absorb all 8 segments. For those that don't, the first 10min should be enough to give you the main thrust.

This work was produced by Johnson & Johnson family heir; Jaimie (you guessed it) Johnson in 2006. Hear monetarist curmudgeon Milton Friedman defend trickle-down, and learn why The Oracle of Omaha disowned his granddaughter for contributing to this project.

IMO this amazing transfer of wealth continues to be a roadblock to real economic growth. Until the pendulum swings, and it will (though I may not be alive to see it), my motto remains:

Sauvé qui peut (save who can, or every man for himself, or run for your life!).

posted on May, 17 2010 @ 02:25 PM
reply to post by GreenBicMan


Fact #1: Banks are Insolvent.
The only reason they’re still in business is because they are permitted to value their balance sheet at whatever price they choose. I could privately value my car at $500 TRILLION, but that doesn’t mean I’ll get that price for it when it comes time to sell.
Ditto for the banks and their garbage saturated balance sheets.

Fact #2: Countries are Insolvent
Europe, a union of broke countries, recently announced it is bailing itself out. This is a bit like your bankrupt friend announcing he is gifting himself $1 million: it DOESN’T SOLVE ANYTHING. As I’ve stated time and again, you CANNOT solve a debt problem by issuing more debt.

Fact #3: Wall Street is Crooked
Anyone who even wants to debate this can look at Goldman Sachs’ latest trading results: Goldie made money EVERY SINGLE DAY of last quarter. As if that wasn’t statistically impossible enough, the firm pulled in $100 million+ on 35 out of 63 days. This simply cannot be done ethically. The only way your trading is that good is because you’re cheating (front-running your clients or manipulating the market).

Fact #4: The Central Bankers Cannot “SAVE” Anything
The world’s central bankers are clueless about fixing the debt problems (see Europe). If a private business employed the same tactics as Ben Bernanke and pals, it would be bankrupt. Leaving a paperweight on the “print” button is not a policy. Neither is buying garbage debt (something of NO value) at 100 cents on the dollar. Indeed, there’s a word for someone willing to the latter action; it’s “sucker.”

Fact #5: The Stock Market is Controlled by Computers
The stock market has rallied courtesy of outright manipulation and fraud. Bailout Ben’s money didn’t go to Mom and Pop America, it went to Wall Street where they gunned the stock market higher on next to no volume using algorithmic computer programs to front-run their clients

hoooray for capitalism!!

[edit on 17-5-2010 by TheCoffinman]

posted on May, 17 2010 @ 02:38 PM
reply to post by TheCoffinman

A perfect Utopian society does not exist.

If it did we would all be mormon lol. No offense to anyone***

posted on May, 17 2010 @ 02:40 PM
reply to post by OBE1

The disowned granddaughter?

Hippie in California painting.. she gets what she deserves. Although at first thought I hated him for that the more I read up on her the more I think she should just shut up and go play with her fingerpaints.

As to the wealth disparity.. Well there is nothing saying a member of ATS can't be on that list as well. Think of something revolutionary and you will see your name on the Forbes list as well.

There is nothing preventing anyone from doing that. Although I am guessing you are not arguing that counterpoint.

posted on May, 17 2010 @ 04:26 PM
Granddaughter was a "hippie" student painting in California before she appeared in the documentary...the Oracle willingly provided living expenses and tuition. Her lifestyle wasn't a problem until he learned of her participation in the docu. The oligarchy knows that perception is everything, and will endure any expense to protect public image, even if the expense requires sacrificing a loved one. Wealth becomes a tool, a powerful control mechanism with which to reward, punish, and manipulate.

Granddaughter obviously has principles & courage. Ironically, that makes her one of the Oracle' crowning achievements.

posted on May, 17 2010 @ 07:27 PM
reply to post by OBE1

Yeah, but she also has a sense of entitlement.

Which psychologically makes sense to me personally, I don't blame her for that, but I sure as hell wouldn't open my mouth about it.

Anyway, that doesn't really matter didn't mean to derail

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