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Marketwatch Author Says Only Revolution Will Stop the Banksters

  1. bgamall profile image86
    bgamallposted 5 years ago

    This guy used to work on Wall Street. He says sans prosecutions, only a revolution will stop what harm Wall Street is doing to the rest of us. I personally think we should just boycott loans wherever possible and that will chip away from the ponzi, but he says revolution is the only answer. What do you guys think?

    http://www.marketwatch.com/story/four-t … 2011-03-01

    Oh, and Marketwatch is owned by the Wall Street Journal! So this guy is not from the bleachers.

    Once you understand that the more debt the rest of us have, the more profit #banksters have, you will understand the theft from the bankster class and the destruction of the middle class that is going on.

    Remember, our debt, both public and private, is profit for the banksters.

    1. Jim Hunter profile image61
      Jim Hunterposted 5 years ago in reply to this

      Great, another liberal calling for violence.

      Stop the RHETORIC and VITRIOL.

      1. wormdo profile image60
        wormdoposted 5 years ago in reply to this

        Revolutions don't have to be violent.

        1. Jim Hunter profile image61
          Jim Hunterposted 5 years ago in reply to this

          It helps.

      2. bgamall profile image86
        bgamallposted 5 years ago in reply to this

        Jim did you bother to read what I said? It is hardly a liberal who is talking. This fellow is paid by the same owner who owns Fox News.

        1. Jim Hunter profile image61
          Jim Hunterposted 5 years ago in reply to this

          I'm sorry.

          Did you not happen to notice sarcasm?

          1. bgamall profile image86
            bgamallposted 5 years ago in reply to this

            I sometimes can't sense humor in the written word. Sorry. smile

    2. lovemychris profile image80
      lovemychrisposted 5 years ago in reply to this

      Do you know, there is a talk-show host named Warren Ballentine who is doing something!
      He has called for his listeners to take their $$ out of big banks and put it in a small local one.
      He has said the communities should pool their money and buy businesses for their communties to own and run.
      Same with property.

      Stick together as people, don't rely on gvt or business to help you....cause one can't, and the other won't!

      There are far more of us than of them.....and even though they have the military might behind them, the military are only people too!!!

      1. Jim Hunter profile image61
        Jim Hunterposted 5 years ago in reply to this

        "Stick together as people, don't rely on gvt or business to help you....cause one can't, and the other won't!"

        You should run for President of the stick people Nation.

        1. lovemychris profile image80
          lovemychrisposted 5 years ago in reply to this

          Better than the sick Nation the GOP has left us with.

          Sick and dying....but the Dems are here to save the day!!

          Step aside Clyde.....your time is ovah!

          1. Jim Hunter profile image61
            Jim Hunterposted 5 years ago in reply to this

            Helloooooooooooooooooooooooooooo

            The democrats are here?

            Where?

            1. lovemychris profile image80
              lovemychrisposted 5 years ago in reply to this

              Holding signs and protesting the Bagger agenda, silly.

              And it's only just begun.

              Banks are next.

              Or maybe the tax laws....one of the 2.

              1. AnnCee profile image78
                AnnCeeposted 5 years ago in reply to this

                Well you're certainly dressed for it.  http://media.amw.com/multimedia/fileRepository/db/472/160/Wheaton_robbery_2_cte.gif

                1. bgamall profile image86
                  bgamallposted 5 years ago in reply to this

                  Ann, did you read my post below her post down the page? It was for you. smile

                  1. AnnCee profile image78
                    AnnCeeposted 5 years ago in reply to this

                    'Splain.  hmm

      2. bgamall profile image86
        bgamallposted 5 years ago in reply to this

        Nice post.

  2. wormdo profile image60
    wormdoposted 5 years ago

    I would love to see a revolution against the bankers, but sadly I don't think it will happen. Too many people have only a vague idea of what's happening, and even more have no idea at all.

    1. bgamall profile image86
      bgamallposted 5 years ago in reply to this

      That is true. They don't comprehend it. Angry Bear has a chart. Look at the two spheres of money flow and you can understand it: http://www.businessinsider.com/too-big- … hey-2011-3

      The only reason this is not more featured at the  BI site is because the big websites fear the Google algorithm as well and have to write more from home.

  3. AnnCee profile image78
    AnnCeeposted 5 years ago

    We're very close to the time when the US dollar will no longer be the reserve currency thanks to Barack Obama's big spender habits. 

    I know Bush was a disaster, but that doesn't make Barack Obama god.  His fiscal policies are hideous.

    The bankers are still in the bubble that burst for the rest of us.  Their time is nearly over.  Step three.

    http://online.wsj.com/article/SB1000142 … logsModule

    http://www.cnbc.com/id/41887217

    1. lovemychris profile image80
      lovemychrisposted 5 years ago in reply to this

      The problem is, he didn't spend enough!
      It all had to go to the rich bank accounts in Switzerland.

      But with the disaster that is the "New" Congress, we will soon be off that teat of austerity.

      The only people deserving of austerity are the people who got us in this mess....

      And it aint Obama.

    2. bgamall profile image86
      bgamallposted 5 years ago in reply to this

      The big spending and Bernanke's QE kept us out of depression. So, pick your poison honey. smile

      No one knows what will happen when the QE ends in June. If they keep doing it gasoline will probably be at 5 dollars a gallon and all the money spending will have been wasted.

      So I share your concern about the spending, but also about the cutting. You have seen what the IMF has done to countries by forcing cuts. Revolution.

      I think we should pay the Chinese, Japanese, Russians and default on private Fed bank and boot the bank off  the shores of the United States. The money should be issued by congress. Of course if we tried it leaders would be assassinated. John Kennedy was the last president to try to stop the banksters. sad

      1. AnnCee profile image78
        AnnCeeposted 5 years ago in reply to this

        All the spending has been wasted.  There is no question about it.  It was misspent.  Propping up overpaid public employees for example.  This administration is totally tied up in lefty schemes.  They do no good.

        The only work lefties know how to do is dig deficit holes.

        I agree with you.  And I think revolution is the only way to pry that fed leach off.

        1. bgamall profile image86
          bgamallposted 5 years ago in reply to this

          If government workers all went on strike this country would be in chaos. 

          But in case you were wondering Ann, who does the class warfare, unlike Faux News and CNBC and the rest, Buffet told the greedy truth:

          Even Buffett admits: “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and winning.”

          1. AnnCee profile image78
            AnnCeeposted 5 years ago in reply to this

            I know that. But Communism is not the answer.

            1. bgamall profile image86
              bgamallposted 5 years ago in reply to this

              It isn't communism. I already told you, the profits go to the banksters and that is corporatism. Even Ron Paul says that. And it is a fascism.

              Any crumbs that mainstreet can get are better than nothing. The banksters have made mainstreet fight among themselves for what is left over.

              1. AnnCee profile image78
                AnnCeeposted 5 years ago in reply to this

                Do you think big government is the answer?

                1. bgamall profile image86
                  bgamallposted 5 years ago in reply to this

                  I think a big regulation of Wall Street is the answer. Try having a football game without referees. That is exactly what Wall Street wants.

                  As far as big government, it is clear that it can get too big and the threat of inflation is a real one. And the banksters make money on the debt you can be sure. But if America becomes impoverished, the banksters will make money on payday loans and all that. They win every way unless the government would print money so that people could become debt free. Even Israel in the OT had a Jubilee!

                  As far as big government versus small government, if the wealthiest 1 percent would pay the taxes they should pay, and Bank of America would pay more than the zero they pay, government would not be too big.

                  It is a greed play at the top. Government can be too big, but I already see bad roads everywhere where I live so government is too small regarding the roads already!

 
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