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THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
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[quote:Marxist:MV8xNTc4NDI2XzMyMjk2ODYwXzZBRTdFNDgw] [quote:RoXY:MV8xNTc4NDI2XzMyMjkwMjA0XzEzMkM1RDE1] [b]An Example of Banking Philosophy[/b] by Louis Even July 18, 2012 [b]To seize the belongings of all nations and individuals - This is the real reason for poverty in the world[/b] [i]In reading the following article of Louis Even, first published in 1941, one will quickly realize that the plan of the Financiers to seize the people’s wealth and the farmers’ land has been going on for a long time. But today, one can clearly see that this plan has been fully realized. The people owe all of their country’s wealth to the Bankers through national debts, and a majority of the farmers of developed countries have disappeared; those remaining must work night and day to pay interests to the Bankers. Let us all read again this important document that enlightens us all on the real reasons for poverty in the world. [/i] Here is the full text of an article published in the United States Bankers’ Magazine in 1892. It was recently re-published in the New Era and in the Social Crediter, where we took it: [b]CONTINUE: http://alternatenewsmedia2012.wordpress.com/2012/07/18/an-example-of-banking-philosophy/[/b] [/quote] I don't think that there is a premeditated attempt to pauperise the working classes, so much as capital's natural tendency is to consolidate value in the hands of fewer and fewer. This is played out in the markets which are at the heart of capital's momentum and are a zero sum game. Someone has to lose for someone else to gain. As the momentum of capital gains pace with globalisation, so the competition in pursuit of consolidation becomes more frenetic and elaborate, the survival quotient more complex. The system has objective compulsions that in effect corral the players into particular modes of behaviour. In a nutshell, "they do not know what they do" but act as they must to prevail. [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
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