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