Cowboy, this is where we disagree. Read Adrian Salbuchi. Here's a quote;
"thatâ€™s when we all realized that we had all been totally robbed, and took to the streets to uselessly bang our pots and pans on the banksâ€™ monumental iron-clad gates, conveniently shuttered the night beforeâ€¦ All thanks to the inherently fraudulent Fractional Reserve Banking System. This is what happened in Argentina in 2001 and this is what is unfolding right now in the US. "
The article is a few years old but, nothing has changed.
http://www.asalbuchi.com.ar/2008/11/go- ... -now-fast/
I don't believe that non-violence will change much of anything.
The GOV,, owned by the banks has made sure that there is no deterrent or risk to the bankers. The banks have responded by making things much worse;
http://finance.yahoo.com/blogs/daily-ti ... 00730.html
I don't believe that ANY action at the ballot-box will bring bankers to justice. Your article draws more-or-less the same conclusion. If the democratic process can bring no justice, what is the next option? The PTB will just create chaos and starve us out [food AND fuel] It's a tried and proven tactic. So what could
be effective? If GOV only pays lip-service to demonstrations, What's next? Some speculation;
http://westernrifleshooters.blogspot.co ... stles.html
This is an excellent article explaining the OS of Asia and the OS of America. They worked for a while but, debt saturation is causing the whole thing to unwind in reverse;
Ellen Brown seems to have had a "brain fart" and now says that we can print as much as we want;
The article has some painful inaccuracies.
This article is one of the best that I've seen. It's heavy on theory of value. It does touch on an area that is normally neglected. Capital is ONLY invested to return profit. Profit is completely dependent on commerce. Commerce is only available if there is purchasing power. Western productivity has gone WAY up. Wages are stagnant.
Money flowed into financial markets because it couldn't flow into commerce,,, for lack of purchasing power.
Manufacturing outsourced to lower it's costs,,, presenting lower-cost goods to people who had reduced purchasing-power. This was a temporary fix because the outsourcing led to an even lower aggregate purchasing power in the West.
As long as the Asians work for survival wages, the jobs and purchasing power won't return to the West. The down-spiraling purchasing power of the West continues to diminish the exports from the Asians. This is what the Gordon long article is about.
http://theautomaticearth.blogspot.com/2 ... -gold.html
Capital will never flow to the West as long as the existence of the low-wage eastern labor markets precludes a profitable enterprise in the West. 46,000 factories moved to China in just 10 years. What plan, scheme or mechanism could make up for the lost jobs? The answer is obvious.... Obvious to Greenspan, at least.
Capital was just sitting in the West doing nothing. Nothing but profit could pry it out of the hands of investors. First, the bank savings interest rates had to be lowered below the inflation rate. This forced capital into investment to keep it from shrinking. Then, an investment bubble had to be blown that would bring capital out of hiding. It had to be a bubble in something that wouldn't be immediately off-shored. That would preclude the benefits from going to american
The promise of profit drew the capital out of hiding so that american workers could build houses and the economy could chug on a bit longer. Imagine what the unemployment rate would have been without a housing boom.
Greenspan used the lure of profit [manufacturing otherwise non-existent demand for housing] to entice investors to expose their capital to a high-risk investment that they believed to be a very low-risk investment. When the risk differential became known, he bailed out. This was a subterfuge to get investor money working in the economy,,, to provide employment to workers who had been [and were going to be] displaced by the competition from Asia.
The perfection of containerized shipping suddenly threw all of our manufacturing sector into competition with Asian-labor markets. The housing bubble was specifically tailored to ameliorate the bad effects of our labor crash.
It is possible that the dearth of prosecutions is a result of the complicity of GOV and banks trying the soften the labor crash by robbing investors.
1/3rd of all income in America is from social-support payments. 44 million are in food stamps. About 50 million live below the poverty level. 52..5 % of Americans depend on a check from GOV. 1 % are in the prison system.
It's hard to say just what these numbers would be if there had NOT been a housing bubble. Stagnant wages would have been the same. Asian competition would have been the same. There would have been a LOT fewer people working in construction.
Imagine the U.S. without any housing bubble but, still losing millions of jobs to Asia.
The empire is collapsing,,, as they all do. Outside market forces have much to do with it.
I don't post things because I believe that they are the absolute truth. I post them because I believe that they should be considered.