BANKERS!
The ultra-rich.
Anonymous wrote:
The City of London is a massive con.
The City of London is a massive con.
It uses its vast lobbying power and wealth to corrupt politicians and pay think tanks to produce its propaganda.
They say that they bring wealth into the UK but the truth is that they suck enormous wealth out instead.
It is nothing but a parasite.
Only 3% of its money goes towards funding businesses, the rest goes towards speculation and forcing house prices up turning us into debt slaves with huge mortgages, and this also pumps rents up sky high too.
Only 3% of its money goes towards funding businesses, the rest goes towards speculation and forcing house prices up turning us into debt slaves with huge mortgages, and this also pumps rents up sky high too.
This means that we have less money to spend into the real economy so jobs get laid off, companies struggle, wages remain low, and taxes increase on the rest us who still have jobs.
But this reduces our spending power even more further harming our economy.
Below - Supply Side Jesus
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Below - Supply Side Jesus
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posted by Anon @ 00:50
9 Comments
9 Comments:
Tony Blair is very oligarch of UK
A clear example of how we get ripped off is the pension funds. Millions of people put money into these funds and it is worth £billions. But all the fund managers do, though, is pump the money into the property market causing house price bubbles.
When house prices are shooting up people get scared and will do anything to buy a house before it's too late. They will massively increases the overtime they do, or get a second job, or go without all luxuries and holidays, and put off having children for years on end. They might rent rooms out, all to get a chance to own their own home. But the more money they find to buy a place will just cause property prices to go even higher until everyone is maxed out in debt.
The pension fund mangers make huge bonuses when the pension funds look as if they are doing well, but when the property market crashes the pension funds hit big trouble, but the pensions fund managers get to keep their enormous profits. Then people start realising that their pension might not be able to cover them in retirement, and company pension schemes will tell their employees to pay more in to cover the loses.
But what the pension funds could have done instead is invest in industry? Lots of smart people come out of university with lots of great ideas. But nowadays they are laden with student loans. University should be free or very low cost because they are an investment into our country's future. The pension fund managers should have been experts in spotting young talent and promising new industries to invest in.
These new industries would have created good paying jobs for scientists, managers, skilled workers, etc., getting our economy moving. Young people would have good jobs and pension fund investors would have good long term investments. If over the long term these funds did very well, many older people might have been able to retire at 60, freeing up jobs for younger people.
More people in work, earning good wages means less taxes on the rest of us. This means we have more money to spend which helps our economy and create jobs. But the pension fund managers instead invested in property driving up our mortgages creating more poverty instead.
Some say regulations are bad, and maybe some are? But some are necessary, what if there was no regulations on how your house was wired and so houses got easily burned down. So why should you invest a life time of your savings into an unregulated industry?
With proper regulations the pension funds would have invested in our country industry and infrastructure instead improving the standard of living for everyone. There would be more middleclass, and more rich people, but the 0.01% would be worse off.
These people have £billons to corrupt politicians, fund right wing think tanks to put out neoliberal propaganda, and they own the press and media so they can brainwash people into believing that its just their bad luck, or it is down to them for not trying harder enough. After all, how many of us are entrepreneurs? So it must be our fault, then? Millions of people have been brainwashed into believing this.
This is good, Aangirafan, have you seen this?
The Gospel of Supply Side Jesus. Al Franken's SUPPLY SIDE JESUS... animated - by Wes Ball
https://www.youtube.com/watch?v=X8xU-gKK17A
This is also good:
12-Year Old Child Reveals One of the Best Kept Secrets in the World
12-year old exposes the immorality of the global banking system and why sound money is essential to freedom and stopping the spread of misery on this planet.
https://www.youtube.com/watch?v=JHQOX8EVNmE
Added it above. Many thanks.
- Aangirfan
Martin Armstrong Reports on a Secret Meeting in London to Ban Cash
http://libertyblitzkrieg.com/2015/05/26/martin-armstrong-reports-on-a-secret-meeting-in-london-to-ban-cash/
S
Years ago the government created up to 45% of our money supply interest free as cash. In those days most peoples wages were paid in cash, and lots of people bought things in cash. Banks would only issue chequers, and Thier bank loans would carry interest. But then people started getting their money paid straight their bank accounts, and credit cards took over. Now only 3% of the money supply is government created cash. The government does not borrow this money, it makes it at the Royal Mint, and then sells it to the banks. The government makes a profit and it helps keep our taxes a bit lower.
The bankers hate this government money supply and want to do away with it so that they can issue the last 3% of our money supply - with interest! They have been wanting to get their hands on this for ages, to get us even more in debt. Then even bigger profits for them.
Thanks for your work!!
You are missing end of June early July Judge Marra sits on most of promised information on Jeffrey Epstein plea deal. See Palm Beach Daily in Fla.
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