Posts Tagged ‘Wall Street’

SUPPRESSED INFORMATION

A commentary by Suppressed Information:

I have often wondered how things would change if everyone in the world cut up their credit cards and stopped making payments to them, if we drew our money out of the banks and closed our accounts, if we began using cash only purchases again. What do you think would take place?

More likely than not we would probably see the largest civil war in history, not just in the United States, but all over the world. The people who control this country by ways of the UNITED STATES FEDERAL RESERVE also control the rest of the worlds reserve banking systems. In fact these people are the same people who finance wars; both sides. Yes that’s right, they profit off wars.

These people also control the four companies which control the other nearly 150 companies in the world which own everything. I know that this…

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Dandelion Salad

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
August 31, 2012

Why Bondholders Can’t – and Shouldn’t – be Paid

The pace of Wall Street’s war against the 99% is quickening in preparation for the kill. Having demonized public employees for being scheduled to receive pensions on their lifetime employment service, bondholders are insisting on getting the money instead. It is the same austerity philosophy that has been forced on Greece and Spain – and the same that is prompting President Obama and Mitt Romney to urge scaling back Social Security and Medicare.

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