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Forum Post: Does there exist a more graphic example of how rotten this financial system is?

Posted 2 years ago on June 6, 2012, 3:13 p.m. EST by TrevorMnemonic (5827)
This content is user submitted and not an official statement

"Unlimited resources for the banks... nothing for the people. Does there exist a more graphic example of how thoroughly rotten this financial system is? We're bailing out banks while the banks are accelerating foreclosures on millions of American homes. 14 million out of work! 50 million without real healthcare (no public option for anyone) ...and Endless wars. The Federal Reserve creates money out of nothing, gives it to the banks, banks keep it on deposit, gain interest, pays high CEO bonuses, fat cat city... all while the rest of America falls apart." - Democrat Congressman Dennis Kucinich

Fed creates 7.7 trillion out of nothing for their own private interests aka the big banks - it doesn't get any clearer than this - PLEASE WATCH - http://www.youtube.com/watch?v=oUpXDZFtEHw

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[-] 4 points by beautifulworld (20721) 2 years ago

Good post, Trevor. We need to keep shedding light on all of these facts.

[-] 2 points by SparkyJP (1646) from Westminster, MD 2 years ago

Not just the financial system but the government as a whole.

"Unless the mass retains sufficient control over those entrusted with the powers of their government, these will be perverted to their own oppression, and to the perpetuation of wealth and power in the individuals and their families selected for the trust.
Whether our Constitution has hit on the exact degree of control necessary, is yet under experiment."

http://osixs.org/Rev2_menu_commonsense.aspx