Forum Post: "Wall Street 'Secret Government' Outed"
Posted 12 years ago on Dec. 11, 2011, 12:28 p.m. EST by nomdeguerre
(1775)
from Brooklyn, NY
This content is user submitted and not an official statement
"We now have concrete evidence that Wall Street and Washington are running a secret government far removed from the democratic process. Through a freedom of information request by Bloomberg News, the public now has access to over 29,000 pages of Fed documents and 21,000 additional Fed transactions that were deliberately hidden, and for good reason.
The big banks and hedge funds were in much more trouble than we were led to believe.
Wall Street’s secret government made sure the largest banks would grow even larger, aided by the secret funding.
The bigger Wall Street becomes, the more government it can buy.
Wall Street’s secret government protects its own.
Wall Street is a clear and present danger to democracy.
Occupy Wall Street is fundamentally correct, but we need more."
You don't get it. Wall Street and the Big Banks already OWN the government and our elected "servants" are merely trustees for the Bankruptcy notes of which gives them right to this country and it's people, lock, stock and both barrels.
http://www.gemworld.com/USAVSUS.HTM
How do I or the writers of the above disagree with your statement?
The "incorporation" of the US government (from your link) is something I need to explore, I don't understand what it means in the real world yet.
Simple;
"The bigger Wall Street becomes, the more government it can buy."
It already holds the bankruptcy notes of which it will never be possible for this nation to even keep the interest payments current.
Simple;
"The bigger Wall Street becomes, the more government it can buy."
It already holds the bankruptcy notes of which it will never be possible for this nation to even keep the interest payments current.
Hi nomdeguerre, Thank you for post & link. Best Regards, Nevada
I'm not sure what Occupy Wall Street wants or believes in?
The basic commonality is building a society/economy that responds to human needs,not corporate greed and criminality. Unity on specific issues has begun, aversion to Citizens United (the personhood of corporations) and a return to the rule of law I believe are near universal beliefs. Glass-Steagall should be next.
I agree that corporations are receiving to many tax breaks and deductions and have to much influence over government spending. I am not sure what Citizens United is but the best way to fix the problem would be to simplify the tax code, eliminating deductions and make everybody pay for the services they use. Right now Corporations pay for people's healthcare and pensions and this should probably be shifted to the individuals to get better decision making.
For healthcare, personally I think we should have Medicare for all. If that couldn't pass, than at least have a Medicare buy in. Absolutely healthcare costs should be removed from employers.
I'm all for tax simplification and studying/changing regulations to see that they are doing what they were designed to do.
"make everybody pay for the services they use" -- I hope you don't mean fire, police, education, infrastructure, national defense, etc. We need to renew the concept of the commons, imo.
Yes, we need to make it explicit when people pay their taxes that x amount go to this service so we are clear in what we are getting and what we are not. Healthcare is subsidized right now by companies using pre tax money and since the price to individuals is low, they end up using more of it.
We need public officials who protect the people's money not spend it flippantly to achieve their pet project.