Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RoXY:MV8xNTc4NDI2XzM0NTAxMjIxXzlBMDlDQjhF] [b]Why Bankers Rule the World[/b] By Ellen Brown November 15, 2012 In the 2012 edition of Occupy Money released this month, Professor Margrit Kennedy writes that a stunning 35% to 40% of everything we buy goes to interest. This interest goes to bankers, financiers, and bondholders, who take a 35% to 40% cut of our gross domestic product. That helps explain how wealth is systematically transferred from Main Street to Wall Street. The rich get progressively richer at the expense of the poor, not just because of “Wall Street greed” but because of the inexorable mathematics of our private banking system. This hidden tribute to the banks will come as a surprise to most people, who think that if they pay their credit card bills on time and don’t take out loans, they aren’t paying interest. This, says Kennedy, is not true. Tradesmen, suppliers, wholesalers and retailers all along the chain of production rely on credit to pay their bills. They must pay for labor and materials before they have a product to sell and before the end buyer pays for the product 90 days later. Each supplier in the chain adds interest to its production costs, which are passed on to the ultimate consumer. Kennedy cites interest charges ranging from 12% for garbage collection, to 38% for drinking water to, 77% for rent in public housing in her native Germany. [b] CONTINUE: http://www.globalresearch.ca/why-bankers-rule-the-world/5311833[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
NB: UPDATES AT LAST PAGE
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Is this the face of the next Muslim terrorist?
Facebook Adds 'Satire' Tag to Fake News
Is California drought Setting the Stage for wave of earthquakes?
Volcanic Island in Japan may collapse and create Tsunami
Amnesty International Takes ‘Unprecedented’ Step in Sending Delegation to Ferguson
Boston Police Used Facial Recognition Software To Grab Photos Of Every Person Attending Local Music Festivals
‘Negro Spring’: Shots fired at police, media arrested, Nelly visits Ferguson (Photos, Videos)
Spy Tech "Stress Camera" Scans Crowds For Suicide Bombers
Early Use of Antibiotics Alters Immunity Later On
The Secret Science Boards of TED And The Question of Consciousness
How Various Law Enforcement Agencies Could Hack Your Computer Via YouTube Videos
AVERAGE PRICE OF GROUND BEEF HITS ALL-TIME HIGH
DOJ, COMMUNISTS, NEW BLACK PANTHERS HIJACK FERGUSON PROTESTS
How Much is $100 Really Worth in Your State? This Map Will Show You
GLPVC TheRawFeedLive - Wed Aug 27th 9pm est **Special Show** The Band "MADCO"
Hospital network hacked, 4.5 million records stolen – PA Included!
Eye Witness Audio of Mike Brown Shooting States: “Brown Doubled Back Toward POlice”
Woman Discovers Her Husband Is Married To Three Other Women After Finding Wedding Photos On Facebook
UFO caught by news crew in forest-fire coverage Startling phenomenon appears in TV footage
Actor Joe Piscopo is Leaving the Democrat Party because it has simply become too extreme.
Hidden Before Your Very Eyes. Don’t Underestimate The Creativity Of The Government
63% of Americans Actively Avoid Soda
A List Of Millions Of Americans That Will Be Subject To Detention During Martial Law
Your Smart Meter Knows What Shows You Watch On TV
Is Ferguson, Missouri A Preview Of What Is Coming To America?
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.008s (12 queries)