Great Explanation of T-Bills

https://www.nationalpriorities.org/budget-basics/federal-budget-101/borrowing-and-federal-debt/


Why the Rich are Subsidized

http://www.alternet.org/corporate-accountability-and-workplace/corporate-betrayal-america-ripping-public-running-profits?akid=10299.312752.UE_X2W&rd=1&src=newsletter821207&t=8


Who’s Who in World Control

Check out the following article about who’s who in world control.

http://www.reuters.com/article/2011/10/28/us-commodities-houses-idUSTRE79R4S320111028


What a REAL Business Person is About

The following video says it all.

http://www.youtube.com/watch?v=bBx2Y5HhplI&feature=player_embedded


Noam Chomsky on Capitalism

A great quote that points out how the “capitalism” promoted in our country is really not capitalism at all.


Article Debunks Why the Rich Really Didn’t Earn Their Wealth….But the Middle-Class Did.

This article provides 5 solid reasons why the rich do not pay their fair share.  The assertions are backed by facts and data from studies that support these reasons.
Here are those reasons summarized.

  1. The rich have taken the wealth created by the middle class.
    While workers have TRIPLED their productivity over 30 years, the richest 1% have TRIPLED their share of income. Worker pay remained flat as the top 10% took almost all the productivity gains since 1980.
  2. The rich have mismanaged key American industries
    American have the most expensive health care system in the world. Failing banks have survived because of taxpayer bailouts. Management-approved shortcuts have led to workplace deaths and chemical leak disasters. Companies lobby for cap and trade laws so their profits can pay for their pollution.
  3. The very rich use middle-class taxpayer-funded research to subsidize their “entrepreneurial” business success.
    The rich have made their fortunes in good part because of taxpayer-funded research at the Defense Advanced Research Projects Agency (the Internet), the National Institute of Health, the National Science Foundation, and numerous other government agencies.
  4. The rich have increased their incomes by not paying taxes
    The richest 10% own 80% of the stock market, providing billions in “unearned income” that is taxed at less than half the rate of income earned through real work. Real tax rates for the richest Americans have gone way down over the last 30 years, from 34% in 1980 to 23% in 2006. Yet the 1% claim they pay most of the taxes.
  5. The richest show little regard for the law or others in society.
    The middle-class depends on sound financial management for their economic security. According to sources such as the New York Times and ProPublica, Wall Street firms including JPMorgan, Citigroup, Bank of America, and Goldman Sachs have been repeatedly charged with fraud only to avoid punishment by paying a fraction of their profits in fines.

Here is the article entitled Five Reasons Why the Rich have NOT Earned Their Money.   Complete with referencess to the studies to support its assertions.


Why Gas Prices Are So High at the Pumps!!!!!

As this article explains, the price of gas at the pumps is high because those that can control its supply, (members of the oil and gas industry for example), are hoarding the oil in the supply lines to drive up the price of oil.   They fool the world into thinking oil is in scarce supply and sell oil for future delivery at high prices.   This type of an arrangement is called a “futures contract” and these contracts are traded on the commodities markets.   Once they have sold enough oil on future contracts (where they have sold oil for a very high, but artificially inflated, amount), they flood the market to drive down the price of oil.   They then deliver the oil on their futures contracts by purchasing oil at a very cheap price.

This article explains how this is indeed going on and that the United States is actually a net EXPORTER of oil.   The pipelines through our nation won’t add a bit to the reduction in the price of gasoline.

Interestingly, Obama has put pressure on the Justice Department to see if this type of trading can be stopped under existing laws.

Check out this article from Real News at  http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=8131