Forum Post: Barking up the wrong tree.
Posted 13 years ago on Oct. 8, 2011, 4:41 a.m. EST by Quest
(1)
This content is user submitted and not an official statement
How can people claim that capitalism is to blame for the financial crisis when the US hasnt had capitalism in more than 40 years. The most importaint factor in the financial system is the fed funds rate which is set by socialist bureaucrats and the financialistitutions getting favoured with free taxpayer money due to political reasons. Under capitalism there would be no need to occupy wallstreet because all the banks would be bankrupt. Lets occupy Washington and the FED instead.
Guess when you get enough of the lazy people who want to be given everything then Capitalism is wrong it they won't share with you.
I agree that this is not capitalism. This is a grotesque distortion. This is cronyism at its worst. The big brokerages and investment banks have their tentacles deep into every Senator, every congressman, every high functionary of your Government. By shareholdings; by employing their marital partners, sons, daughters, brothers, sisters at high salaries; by promising them plum jobs after retirement; as a result every economic decision is made to benefit the "markets". Read any speech by any congressman, by your President, by the German chancellor. See how concerned they are about the "markets". Has anyone spoken for the common citizen?
The problem is with all the LAZY people who want something for nothing!!!!!
The core issue, the root of the problem needs to be addressed: money, and the way a private institution, the FED, owns all rights to it's issuance. The FED has the USA by the balls. The FED needs to be abolished, before anything else, here lies the real power, and the real abuse. IMHO you guys are protesting at the wrong location... Get rid of the FED! Retake control over your country!
(from Netherlands, Europe, where we are in much the same of a shitty mess because of a privatey owned banking system)
If you want to protest the Fed, go there- there are people (TZM) there presently.
The great transformation? No, I dont read nonsense like Marx either.
Read much? Try The Great Transformation and get back to us.....
How about lets organize. create an infastructure and then protest when we have a unified goal.