Forum Post: fix the problem, not the blame

First: understand the problem. Then we can fix it. Our politicians and their owners want only to fix the blame.

0- How does that work? Finance/investment adds to the cost of the things we need to live. It doesn't give us more of anything. It takes some of everything. The cost of investment is added to products and is a cancerous growth on the economy. Where is the money? Documents the concentration of wealth. 1- Casino of finance concentrates wealth by compound interest on investment, which is growth of the money supply, not the economy. This explains some of how wealth was concentrated and shows why it could only have been so, in an economy that's increasingly dominated by finance. 2- Derivatives accelerate dissipation of economic energy. They further fuel inflation by increasing debt with electronically, privately minted money. They add superfluous layers of abstraction of economy that exacerbate the parasitization by finance/banking. 3- Sleazy and/or nonproductive trading schemes that make only money, and which point up the failure of the free market theory of investment and healthy growth, exacerbate decline and together with outsourcing thwart recovery. 4- Debt, not the American economy, is the only thing that grows, as competition drives the players to the lowest common denominator of morality, scruples and intelligence. 5- Denial by the ten percent who've “got theirs” that the pyramid scheme of banking and finance, which provides for their well being, is at the expense of we the people who are the community. 6- We grew up by learning that “the system works!” [for them] Those who've got theirs don't care to know anything else. The imaginary economy of banking and finance are becoming or are already a threat to the survival of the human race. The truth does not penetrate the armor of aged puerile minds.

agkaiser