User 173545

My Economic Plan

Great ideas that most smart and un-connected people support. The problem is that your ideas would take people currently in power out of power which is why, unfortunately, nothing will change short of a revolution.

Why AIG Gets Billions While GM Gets Scorn

What a load of crap. Sure, we need a transparent financial system without abuse to "lubricate the engine of the economy", but to claim that companies like AIG are critical to our entire economy is ridiculous.

AIG, Citi, BofA, etc are parasites that suck wealth from the wealth-creating sector.

Go back to Econ 101. There are only a few ways to create wealth, and all involve adding value to more basic goods. Converting mined materials into usable materials for manufacturing, converting materials into manufactured goods, lumbering, fishing, etc.

All together - bankers and insurers don't create wealth; they manage and redistribute wealth. If the wealth-creating sector dries up, we won't need bankers, lawyers, or insurance salesmen.


On Dec 13 12:25 AM mediocris wrote:

> Financial institutions such as AIG are critical to to functioning
> of our entire economy. The same cannot be said for auto manufacturers.
> We could easily import all of our cars from foreign countries (with
> low wages and equally low standards of living), with only slight
> ripples in the functioning of our daily lives. The failure of finance
> would bring down the whole house. Lending, insurance, and reinsurance
> are vital like the electric company and the telephone company. These
> lynchpins hold the whole economic structure together.

Federal Reserve, What Do You Have to Hide?

I suggest that everyone read a history of the Federal Reserve and, more importantly, a history of the Rothschild family. You'll soon realize that our elected officials are merely puppets and each of the two major parties is a different show for the same puppeteer.

www.iamthewitness.com/...

Look at a list of the countries that don't have a Rothschild-controlled central bank, and you find that is the same list of countries currently having or threatened to have war waged upon it by the US. Coincidence?