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Originally posted by kdog1982
I need some help with understanding this graph,cause I see our problems started in 2007.
Originally posted by TheBandit795
I've read a very interesting article on why blaming Wall Street is wrong. It's like a member said earlier today "blaming a headache for a tumor" (or something like that )
There is definitely something direly wrong going on in the finance world today, with the U.S. dollar losing the vast majority of it's value in the last 100 years (inflation), with families not being able to come by with the same amount of income they used to 10-20-30-40 or 50 years ago (chalk that up to inflation as well). And (especially manufacturing) jobs being lost. There is something wrong with the system as it is, but is the finger being pointed in the right direction, in the case that there is someone to blame?
The article thinks the wrong entity is being blamed.
WHEN WILL AMERICA FINALLY WAKE UP AND STOP BLAMING EVERYONE ELSE ..WE THE PEOPLE REMEMBER??!!!!!
It's not entirely right, of course. Wall Street, or much of it, provides an essentially transactional function. It wouldn't exist as it does without the larger economic system of the Western world driven by central banking.
There are very large centers of money power in Wall Street such as Goldman Sachs; and Goldman Sachs is certainly an integral and purposeful part of the modern corporatist system. But even much of what Goldman Sachs does is essentially transactional. It's fundamentally a business, an intermediary, and its employees are paid (a lot, admittedly) to perform certain functions. The real control, I'd argue, lies elsewhere.
It's not Wall Street, it's the Federal Reserve and all of Central Banking (think Rothschilds, Rockefellers etc...)
To get at the root of the problem, one should be protesting, say, in London's City where central banking originated. Or protesting in front of the Federal Reserve in Washington DC. These are real seats of power. But the shadowy and excessively powerful and wealthy individuals who have created the modern economic system are quite satisfied no doubt to have Wall Street take the blame. It suits their purposes.
See the videos "Money as Debt"; Money as debt II; "The Money Masters - How International Bankers Gained Control of America"; "The Secret of Oz"; "The American Dream" or the books "Web of Debt" or The Creature from Jekyll Island : A Second Look at the Federal Reserve for more info.
But that's not all... The article claims that the same central banking families have been trying to foster sentiments hostile to Wall Street for some time now.
But education only goes so far; and it's an ongoing process. In response, the Anglosphere power elite that we write about regularly has fought back. It's been trying to crank up the "blame Wall Street" theme for several years now. Finally, it's catching on.
Why? So they can validate taking more control over the system by having even more gubernamental control and restrictions over the economic system??
It goes on to explain why regulation doesn't work why there are efforts (by unions for example) to simply have more control, while Wall Street and the so-called "free market system" isn't really the problem.
Central Banking and "printing fiat money out of thin air" -- which according to the article -- "creates first booms and then devastating busts" is the problem.
As seen in this video below, the establishment is infiltrating the OWS movement and is slowly but surely transforming it into a class and race war for their benefit. Rockefeller & Rothschild is winning yet again...