The truth

[gipper]

Do you accept it?

The Dow is at a record high and so are corporate profits - so why does it feel like most of the country is deeply suffering right now? Real household income is the lowest that it has been in a decade, poverty is absolutely soaring, 47 million Americans are on food stamps and the middle class is being systematically destroyed. How can big corporations be doing so well while most American families are having such a hard time? Isn't their wealth supposed to "trickle down" to the rest of us? Unfortunately, that is not how the real world works.

Today, most big corporations are trying to minimize the number of "expensive" American workers on their payrolls as much as they can. If the big corporation that is employing you can figure out a way to replace you with a worker in China or with a robot, it will probably do it. Corporations are in existence to maximize wealth for their shareholders, and most of the time the largest corporations are dominated by the monopoly men of the global elite. Over the decades, the politicians that have their campaigns funded by these monopoly men have rigged the game so that the big corporations are able to easily dominate everything. But this was never what those that founded this country intended.

America was supposed to be a place where the power of collectivist institutions would be greatly limited, and individuals and small businesses would be free to compete in a capitalist system that would reward anyone that had a good idea and that was willing to work hard. But today, our economy is completely and totally dominated by a massively bloated federal government and by absolutely gigantic predator corporations that are greatly favored by our massively bloated federal government. Our founders tried to warn us about the dangers of allowing government, banks and corporations to accumulate too much power, but we didn't listen. Now they dominate everything, and the rest of us are fighting for table scraps.

In early America, most states had strict laws governing the size and scope of corporations. Individuals and small businesses thrived in such an environment, and the United States experienced a period of explosive economic growth. We showed the rest of the world that capitalism really works, and we eventually built the largest middle class that the world had ever seen.

But now we have replaced capitalism with something that I like to call "corporatism".


Guest Post: Corporatism - State-Controlled Capitalism | Zero Hedge

 

[Daktoria]

There are lies, damn lies, and statistics.

Correlation is not causation.

Don't forget about quantity theory of money. MV=PT

The legal environment is unstable. Businesses won't invest until they know how to do business.

I guess we could get into the whole "Who owns the banks?" thing too, but you won't like it because feminism, multiculturalism, and consumerist fueled relativism are all on your side in terms of depreciating property rights.

 

[The2ndAmendment]

It is the truth. Capitalism died in 1913, when the 16th Amendment was passed in conjunction with the Federal Reserve. The 16th Amendment controls the input and the Federal Reserve controls the output.

The 17th Amendment, also passed in 1913, destroyed the only bulwark against the Federal Government that the States had left, with the passage of 17th Amendment, the 10th Amendment was silently repealed.

Welcome to Corporate world.