U.S. CAPITALISM STANDS CONDEMNED

29 12 2013

https://i1.wp.com/www.islamicinvitationturkey.com/wp-content/uploads/2011/10/wall-street-protest3.jpg

The Occupy Movement, the 99 per-centers, and the various intellectuals and academics who speak up (but get little media time) about the gross excesses of American Capitalism are so on target.   Add this year the voice of the new Jesuit Pope Francis who lashed out in a major historic epostolic exhortation terming today’s capitalism “a new tyranny”.

Just look at this single fact set of facts.   The unemployment insurance program in the U.S., now being cancelled for more than a million Americans those who have been using it the longest but still haven’t found a new job, costs about $25 billion yearly.   Juxtapose that with the bankers of Wall Street who are this year alone paying themselves more than $90 BILLION in YEAR-END BONUSES, this on top of their already considerable salaries!There is indeed an unholy alliance, a gross tyranny, between New York Wall Streeters and Washington politicians.  Beyond the gross misallocation of monies it is a tyranny that renders the very terms democracy and liberty superfluous.

Simply said, Wall Street controls the politicians who control the laws and the tax structure.  Furthermore the same super-rich class numbering in the thousands literally owns and controls most of the major “main stream media” as well as both of the major political parties.  Through these institutional means this super-rich class also controls the key appointments to the Treasury Department, the Commerce, Department, and the Federal Reserve, plus of course who gets into the White House.

Advertisements

Actions

Information