Welcome login | signup
Language en es fr
OccupyForum

Forum Post: Plutocratic Oligarchy

Posted 7 months ago on Jan. 30, 2020, 8:58 a.m. EST by agkaiser (2459) from Fredericksburg, TX
This content is user submitted and not an official statement

We live in a plutocratic oligarchy. Our puppet governments are operated with strings attached to Wall St. Oligarchs. The wealth of the ruling elite plutocrats grows at the rate of compound interest. As they acquire more and more money and property, our indebtedness grows. They increase profits with overhead transactions that are not connected to real production and interest on the money they loan us from the excess they accumulate by, among other crimes, paying us to little to maintain a decent life. This can't end well!

"So IMF chief Georgieva said this coming decade will be far from one of milk and honey. She warns that there’s great uncertainty building up and the point she was making is that technology change, the rise of the internet and so on, plus mounting debt ,,, corporate debt, these things are fueling inequality which in turn is fueling populism and fueling political extremism. Now in many respects, this situation mirrors the roaring twenties ..." John Christensen of the Tax Justice Network

“too often we overlook the financial system, which can also have a profound and long lasting, positive or negative effect on inequality." IMF chief Kristalina Georgieva

"Now it’s that 'negative' effect which we identify as the finance curse, when too large a finance sector starts to drain wealth away from the real economy, and it’s good to have the head of the IMF drawing attention to this. We’ve been drawing attention to it for many years, but it’s good that this is now reaching the mainstream." John Christensen of the Tax Justice Network

https://www.nakedcapitalism.com/2020/01/another-great-depression-or-tax-justice-and-transparency-the-tax-justice-network-january-2020-podcast.html

21 Comments

21 Comments


Read the Rules
[-] 2 points by gsw (3324) from Woodbridge Township, NJ 7 months ago
[-] 2 points by agkaiser (2459) from Fredericksburg, TX 7 months ago

Capitalism is self destructing hundreds of years ahead of Marx's prediction. The ruling elite class of banksters and billionaires are too stupid to see it. And they're smarter than most of the rest of us.

I've said that before. At least one person has commented that the parasites know they're wrecking the world. They just don't care what happens next as long as they''ve got theirs now! ... That's still stupid.

[-] 0 points by grapes (5232) 7 months ago

It's middle-of-the-road-saviors' "sovereignty". We must all sing with one heart and mind the praise for our glorious Supreme Leader, glans-penile Ninja Turtle, who had struggled through the major storm's spate of pounding rain, to give life with every lurch and every breath. "Serve the people." ¿One treat, one mouth, to emulate our stable genius, the Furor? Jawohl, Herr Reichsschieber, 1+2+3+4+5+...=-1/12. Heil Rechenschieber!

[-] 2 points by agkaiser (2459) from Fredericksburg, TX 7 months ago

The "sovereignty" of capitalism is derived from it's progenitor, feudalism. The peasants and serfs are still the 99%. The lords of Wall St. are still the patrons who abuse the clients and threaten the survival of all with their stupidity and greed.

[-] 1 points by gsw (3324) from Woodbridge Township, NJ 5 months ago

Yea. More in the media are calling out trump propaganda, fact creating unreality. He’s a liar.

https://deadline.com/2020/04/coronavirus-donald-trump-press-briefing-morning-joe-1202903143/

Same as his rallies, he’s bringing his messaging into our homes directly under guise of national emergency, a war, on an invisible enemy. Truth. Your lies are invisible enemy of the people, our democracy.

[-] 1 points by ImNotMe (1488) 7 months ago

''Government Debts as Class Swindles'' by Prof. R.D.Wolff:

''The same politicians who facilitate tax reductions for banks, big corporations, and the wealthiest individuals likewise then facilitate government borrowing money from them.''

radix omnium malorum est?

[-] 1 points by agkaiser (2459) from Fredericksburg, TX 7 months ago

Middle of the road saviors are as self-destructive and stupid as Trump.

"... Which leads me to argue back: Look, even if we elect a better-than-Trump, half-measures candidate, we’re still not better off. Our grandchildren will curse us all the same...."

https://www.nakedcapitalism.com/2020/02/on-february-6-antarctica-was-warmer-than-orlando-but-mainstream-democrats-fiddle-as-the-planet-burns.html

[-] 1 points by gsw (3324) from Woodbridge Township, NJ 7 months ago

‘They can’t win unless they cheat’: Internet blasts Republicans for blocking three 2020 election security bills

https://www.rawstory.com/2020/02/they-cant-win-unless-they-cheat-internet-blasts-republicans-for-blocking-three-2020-election-security-bills/

[-] 1 points by ImNotMe (1488) 7 months ago

Re. Plutocratic Oligarchy:''Albert Einstein warned in 1949 that the time would come when the very rich so controlled the means of communication that it would be almost impossible for ordinary people to make informed decisions; and so democracy would be broken.''

''We live in the time Einstein warned about.'' - from …

et veritas vos liberabit …

[-] 1 points by ImNotMe (1488) 7 months ago

NB: ''Charles Koch’s Political Operation Gears Up to Attack 2020 Democrats!", by Don Wiener:

cave canem!

[-] 1 points by ImNotMe (1488) 7 months ago

''America Is An Oligarchy - Trying To Screw You Out Of Every Penny You Have!''

q.e.d.?!

[-] 2 points by beautifulworld (23316) 7 months ago

"Right now we are involved in a fundamental battle for our life."

"Between the national security state who's reason to be is war, war, war and the predatory capitalist state who's reason for existence is to screw you out of every penny you have in your life any way they can do it."

"The real deep state is the oligarchs who are running this country."

Col. Wilkerson says he hesitates to call the USA a democracy anymore. He's says we're a predatory capitalist state owned by oligarchs and we're killing ourselves.

From http://www.informationclearinghouse.info/52971.htm

[-] 1 points by ImNotMe (1488) 7 months ago

"'Contempt' Shown by Bloomberg for Recipients of Social Security - Indicates Billionaire Would Seek to Cut Benefits if Elected President, Say Critics." by Eoin Higgins:

"If he wins the presidency - striking a 'grand bargain' with Mitch McConnell to cut our earned benefits, is likely to be among his top priorities" because Billionaire Bloomfuk has no idea how Americans are living!

Per your reply, Col. Wilkerson was General Colin Powell primary aide & he knows more about "the deep state" than most! Bloomberg, the Oligarch - by dint of his money & power is at the heart of U$A's 0.01%!

ad iudicium ...

[-] 1 points by beautifulworld (23316) 6 months ago

No to Billionaires! No to Bloomberg!

It is up to us, we the people, to defy the money this greedy man is spending to buy OUR democracy.

Do not let that happen! Help Bernie win big enough so that the DNC cannot steal it away and hand it to Bloomberg.

Get out and vote in South Carolina tomorrow, February 29th and all the Super Tuesday states on March 3rd

Alabama Arkansas California Colorado Maine Massachusetts Minnesota North Carolina Oklahoma Tennessee Texas Utah Vermont Virginia

If we the people come out in HUGE numbers we can win this big for Bernie and then they can't steal it from him.

[-] 1 points by ImNotMe (1488) 6 months ago

On Super Tuesday 2020 - why would we choose Warren over Bernie 2020? And why shouldn't Warren Endorse Bernie; IF we want The 99% to truly get a look in to the political process in the USA? PAC$ or Powered by The People? The 99% or The 1%? Even Obama got it once ...

commune bonum est summum bonum!

[-] 1 points by beautifulworld (23316) 6 months ago

Right on! Bernie all the way!

Vote Bernie Sanders to victory so he can bring us healthcare, education, infrastructure, living wage, an economy that works for all of us.

No more status quo, no more slow incremental movement. No to Elizabeth Warren, she's shown herself now, she ain't the progressive she pretends to be! She's all ego. She's come in 3rd, 4th, 5th place and thinks she still should be the nominee. Unbelievable selfishness.

[-] 1 points by ImNotMe (1488) 6 months ago

Sen. Elizabeth Warren is ending her presidential campaign. So as she ran on a platform of 'big structural change,' offering various policy plans & while her presidential bid was unsuccessful .. nevertheless she'll persist as a powerful progressive voice in the Senate, she says .. BUT WILL SHE ENDORSE BERNIE?!

et fiat lux!

[-] 1 points by beautifulworld (23316) 6 months ago

Warren should endorse Bernie if her progressive platform was authentic.

The fact that she is reticent means she is considering Biden and that is a very sad thing indeed! Whom can one trust?

https://nymag.com/intelligencer/2020/03/the-most-progressive-thing-warren-can-do-is-leave-the-race.html

"The best thing Warren could do for the progressive cause she espouses is to drop out, and endorse Sanders. By doing so, she could still make a real difference in the race. While it seems intuitive that Warren voters would flow to Sanders without much encouragement, Sanders performs poorly with the white, college-educated voters that make up the bulk of Warren’s base. If she can make the case for Sanders, she’ll help build a progressive front against a moneyed and well-organized moderate force. The time to do so is now. The obstacle in the way of a more progressive future for Americans isn’t Sanders, but the coalition forming around Biden. If Warren wants a righteous fight, this is it."

[-] 1 points by ImNotMe (1488) 6 months ago

''Today’s Primaries Could Make or Break Sanders’s Presidential Bid'' ... by William Rivers-Pitt:

Fact that neither Warren OR Obama haven't/won't endorse Bernie .. tells U all U need to know, tbh!

ad iudicium?

[-] 2 points by gsw (3324) from Woodbridge Township, NJ 5 months ago

Yes! Bump for Bernie, to save America, and Americans, and the planet.