Forum Post: It's Financial Schemes, Stupid, US Public Knows Financial Schemes Ruining the USA, Corporate Cartels, Monopolies, Privateers
Posted 5 years ago on Oct. 4, 2012, 2:32 a.m. EST by Middleaged
This content is user submitted and not an official statement
If you have sat through one or two Presidential Debates, and have a little suspicion, then you know nothing significant comes out of Politics.
Looking at the History of Financial Schemes and Financial Frauds you have to go back to the first Corporations. These were Charters or Marques granted by European Royalty. These also should include Papal decrees. They appear mostly to grant profit making in the name of the King over the greater seas and far away lands in other countries like the 'New World'.
Then we should acknowledge that some kinds of insurance appear to be good ideas, i.e. Life Insurance, Auto Insurance, Health Insurance, etc.
Here is a post about US Massacres motivated by financial gain. http://occupywallst.org/forum/big-picture-commom-questions-about-corruption/#comment-726962
Here is a post about world slavery and how it relates back to piracy and corporations formed under a charter. http://occupywallst.org/forum/big-picture-commom-questions-about-corruption/#comment-697290
Here is a post about how US War was tied back to corporations 100 years ago by one of our US Generals. http://occupywallst.org/forum/big-picture-commom-questions-about-corruption/#comment-702388
Here is a post about US Monopolies. http://occupywallst.org/forum/big-picture-commom-questions-about-corruption/#comment-697290
Here is a post about US Corruption and Financial Scandals. http://occupywallst.org/forum/big-picture-commom-questions-about-corruption/#comment-646520
SO WHAT IS THE POINT
It's Financial Schemes, Stupid. The US Public Knows Financial Schemes are Ruining the USA.
President Lincoln ran the economy during war time without the financial scheme to borrow money from Big Banks. Colonial America did just fine economically till the English tried to take control of the money, impose taxes paid in silver, and other issues.
The history of the US has plenty of financial schemes that people don't like. Conmen or Kingdoms get into our lives and take our money. Conmen or middlemen come into our lives to make money off of us by outsmarting us. And conmen sometimes have lawyers and the court system to do it.
Sure we need banks, credit systems, debt, and financial contracts to run our US Economic System. But we don't need all the things they tell us that we need.
We don't need court sysems where the ones with the most money end up either winning the court case or else just get a small fine from the SEC.
We don't need a US System that has been pouring money into the economy since at least 1998 even before war. Out US Total Account Deficit has doubled since Bill Clinton. Our US Federal Budget Outlays have Doubled. Social Security and Medicare have doubled with out any control over medical costs, hospital costs, or drug costs.
We don't need a system that covers up the unfunded pensions both public and private in the US. There is at least $1 Trillion dollars shortfall in US Pensions right now.
A) We need portable public healthcare with cost controls.
B) We need portable Pensions like Social Security.
C) We need affordable Courts Systems and probably need civil case standards to bench mark law for quick resolution and redress.
D) We need banks that lend money to small businesses even when they think the economy is weak. This means break up the banks that profit from risky behavior, naked short selling, casino investing, computer trading, bubble seeking, making a market (price fixing), etc.
E) We need law in the Financial Community. We need bankers that are proud of the US and proud to be honest.
F) We need US Citizens that pay their taxes, don't avoid or scheme to avoid taxes, shelter profits off shore till Romney is Elected, etc.
G) We need A Federal Tax System that a high schooler can understand and can see where corporations pay all their taxes.
Break up the Banks, Prosecute Financial Fraud, Streamline the US Tax System, Streamline Civil Court for people without money to access, No Tax Holiday for Off Shore Profits, No more expensive security state, Fully Fund Social Security for the Future ($1 Trillion), Grant 5% Interest on Individual Bank Savings Accounts for Main Street, forgive tuition for certain medical doctors in general Practice, Maximum 1% Interest on Student Loans and Tuitions.
No more Profit off our Elderly or our students.
No more profit off our Mid-tier Hospitals by selling them expensive equipment they don't need.
No more conflict of Interest in Federal Government, in our state or federal regulators, in our financial ratings agencies, or in our independent auditing firms.
No more Financial Crisis like 2008
No more Savings and Loan Scandal
No more Keating Fives
How did we let Financial schemes from the age of Kings and the Pope continue into the 21st Century?????*
State or National Banks can make loans and provide credit to our US Small Businesses and they can Create Money. Regional banks can provide cash currency or liquidity in an event like a "Bank Run".
Stop Bailing out "Free Market Banks and Financial Institutions"
If we have free Markets, stop bailing out and making excuses for Big Banks and Financial Institutions. If Big banks don't lend money to small Businesses and "Honest" economic enterprises, then our State Banks, Credit Unions, National Banks, and Regional Banks will have to pick up the slack.
The FDIC and States insure the big Banks, so WHY don't they cut them off of bail out funding and special access unless there is a "Conflict of Interest" that is preventing prosecution.