Ain’t No Money in Being Productive
There ain’t no money in being productive. The only money to be made is in feasting upon the carcass of this once great nation.
Seriously. Think about it. What sector of the economy is making serious money right now? The banking industry. And how do they make money? By taking funds from the fed at near 0% interest rates and then doing a couple of things. They can lend it to the Federal Government at interest and make money on the spread. They can trade in the stock market for their own account; a rigged game with their nano second front running at the expense of their retail & wholesale customers. All of the majors had a perfect quarter last quarter meaning they had no trading day losses. Easy to do if you know in advance what everyone else is going to do.
This also goes for small business that with technology has dumbed down nearly every job why do the job of three for less than the pay of one--
job fairs in fact are telling unemployed people not to show up for the fact that their not working means they are non employable-
most workers that find work find that they are infact expected to do the work of 2 or three and lose interest quickly and drop off the roles--until they put the profit back in work for employees there will be no growth--making enough to pay bills is not incentive--bills go unpaid---TDD
According to one video I found they don't even have to get money from the Fed. If you borrow money from a Bank, the Bank just electronically "makes" it.
90% of money is just a ledger entry. Only about 10% is represented by Federal Reserve Notes.
It's called a Fractional Reserve Banking System.
The Bank doesn't have to actually have the money to lend (e.g. deposits) but they have to meet certain rules in order to make loans.
So, are you all (who voted fer Mr. Obama) still thrilled with him?
🙂
Tut tut. I think him shuts it all down worse than the previous idyit!
N
Money as Debt
Part 1:
[flash width=480 height=385] http://www.youtube.com/v/vVkFb26u9g8&hl=en_US&fs=1 [/flash]
Nate
these guys are not idiots.
GWB may have played the buffoon but he certainly is not an idiot.
These guys are very good at doing the bidding of the hidden PTB.
You will never see TEDD as President not because he's smart or not smart but because he wouldn't "play the game."
Nate
SORRY NATE IF I WERE PRESIDENT I'D SPEND THE FIRST TWO YRS HANGING PEOPLE ON PENNSYLVANIA LINED WITH GALLOWS--EVERY ONE WHO VOTED FOR WAR, PATRIOT ACTS, OR BAILOUTS WOULD HANG TO INCLUDE ALL THE SUPREMES AND I DON'T MEAN DIANNA ROSS...TDD
TEDD the Supremes want to know where your love went...
[flash width=480 height=385] http://www.youtube.com/v/izzKUoxL11E&hl=en_US&fs=1 [/flash]
TEDD the Supremes want to know where your love went...
OOOO, OOOO-OOOO-OOOO BABY-BABY, WHERE DID OUR LOVE GO !! DON;T YOU WANT ME, DON'T YOU WANT ME NO MORE!!
TDD
