Our Money & Banking System
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Our Money & Banking System
If people understood our banking & monetary system, I believe there would be a revolution before tomorrow morning. Henry Ford 1922
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New doc American Meat leaves one wondering, "Is there any such thing as humane meat?"

New doc American Meat leaves one wondering, "Is there any such thing as humane meat?" | Our Money & Banking System | Scoop.it
You can elect not to eat animal products, but if you must eat them, American Meat excels at demonstrating that other choices exist.
Sue's Scoop's insight:

This article does an excellent job summing up all of the negative effects of factory farms (CAFO's).

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Republicans Must Bridge the Income Gap

Republicans Must Bridge the Income Gap | Our Money & Banking System | Scoop.it
As the gulf between rich and poor grows ever wider in America, Republicans should stand for policies that help the average Joe and Jane.
Sue's Scoop's insight:

Interesting article written by a Republican reflecting on what the Republican party USED to be like. She makes the very valid point that the reason for such a sharp income divide between the "haves" and "have nots" is not because of merit but because of government favors that have skewed the odds in their favor. She also adds that government's job is not supposed to be to cater to the rich but to give ALL citizens a fair shot at attaining the American Dream. And right now it's not a fair shot when corporations can direct our government to write laws that shut out their competition. This is not free market capitalism; it's crony capitalism.

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The Soul of America - Newsroom: Bernie Sanders - U.S. Senator for Vermont

The Soul of America - Newsroom: Bernie Sanders - U.S. Senator for Vermont | Our Money & Banking System | Scoop.it
Sue's Scoop's insight:

Senator Bernie Sanders refutes the Republican claims on what's contributing the most to our deficit and as a result, where deficit reduction should be directed.

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Americans for Financial Reform » It is Time for Wall Street to Pay its Fair Share

Americans for Financial Reform » It is Time for Wall Street to Pay its Fair Share | Our Money & Banking System | Scoop.it
Sue's Scoop's insight:

Signing this petition is a no-brainer!

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Lloyd Blankfein is the Face of Class Warfare

Sue's Scoop's insight:

Some of us have a conveniently short memory:

Since when does Lloyd Blankfein, CEO of Goldman Sachs --

(who in 2008 received 10 billion in taxpayer bail-outs, $814 billion in zero interest rate loans, and "government tax favors" that allowed him to receive a $278 million tax refund that same year while millions of Americans were put out on the street because banks ironically didn't help them keep their homes even though it was their own taxes and bail-out money who saved the banks from being put out on the street) --

get to now dictate to Washington that deficit reduction should (again) fall on the backs of those same people who bailed them out in 2008??

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Senator Sanders asks Bernanke WHERE IS THE MONEY

Senator Sanders puts the screws to the duplicitous Ben Bernanke.
Sue's Scoop's insight:

The $700 billion TARP bailout was all over the news in 2009 but for some reason the $2.2 trillion Wall Street bank bail-out (which was later found to be actually several trillion more than this) never made it to the press. Hmmmm.

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The richest Rothschild of them all

The richest Rothschild of them all | Our Money & Banking System | Scoop.it
With a penchant for wild parties, a disastrous marriage and a messy divorce, Nat Rothschild seemed bent on self-destruction.
Sue's Scoop's insight:

Some interesting insights into the life of one of the Rothschild family heirs.

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The Era of Giant Chain Stores Is Over -- And They've Ruined America

The Era of Giant Chain Stores Is Over -- And They've Ruined America | Our Money & Banking System | Scoop.it
The unintended consequence of the giant chain stores' victories was the total destruction of local economic networks, that is, Main Streets and downtowns, in effect destroying many of their own livelihoods.
Sue's Scoop's insight:

The dawn of a new era igniting the re-birth of Main Street? I only hope I live to see that day!

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Fox Guarding the Chicken Coop - Newsroom: Bernie Sanders - U.S. Senator for Vermont

Fox Guarding the Chicken Coop - Newsroom: Bernie Sanders - U.S. Senator for Vermont | Our Money & Banking System | Scoop.it
Sue's Scoop's insight:

Wall Street and the Fed that "regulates" them is exactly where the focus of the so-called "Fiscal Cliff" discussions needs to be (along with "Defense" cuts). Medicare, Medicaid and SS are not what caused this recession and making further cuts to them will only hurt the economy even more, as people will be left with even less dollars to invest in it ... which will then trigger the Fed to print more money (which adds to the debt) and to lower interest rates (which encourages more borrowing) ... which is nice for banks but leaves the rest of the country with even further inflation/rising costs ... which will then lead to further recession ... which then leads to repeating the unending cycle ...

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Wall Street Gifts, NASCAR Perk Sneaked Into Fiscal Cliff Deal

Wall Street Gifts, NASCAR Perk Sneaked Into Fiscal Cliff Deal | Our Money & Banking System | Scoop.it
The 11th-hour deal to avert the so-called fiscal cliff preserved billions of dollars in corporate tax giveaways even as it slashed take-home pay for millions of American workers.
Sue's Scoop's insight:

How corporations have been "working" Washington for their own personal "Get out of jail free" card.

Wonder who's going to have to make up the difference?

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Ron Paul uncensored on $9 trillion Fed bailout

Shorty after the US Federal Reserve released data revealing trillions of dollars in emergency aid to financial institutions and foreign banks, among other co...
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Sue's Scoop's comment, January 7, 2013 4:36 PM
Ron Paul adding his take on the 2008 Wall Street bank bail-out, adding that apparently our tax dollars were also used to bail out FOREIGN banks as well. Just as well that didn't make the mainstream press or there just might have been an uprising :)
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DeMint Amendment to Audit Federal Reserve Blocked by Senate Leadership

Senator Jim DeMint (R-SC) is blocked by Senate Democrat Leadership from having a vote on his amendment to audit the Federal Reserve, based on a bill authored...
Sue's Scoop's insight:

As this clip illustrates, The Fed isn't even accountable to our own government for how they decide to spend OUR tax dollars.

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