Thursday, September 17, 2009

The Money Cycle



As the economic cloud hanging above this country grows, the inevitable flood will drown those not privileged enough to have a life-raft. Don’t be fooled into thinking that the establishment of this country can hold back the weather. The forces of the market cannot be controlled as easily and manipulated as effortlessly as Bernanke would have you believe. Freedom, including freedom in enterprise, should not be manipulated, as has been the case since 1913. Those who have been assuring the public of their power and command over the natural forces of the economy, have been and will continue to profit from the economic crisis that we have grown to be desensitized to.


The establishment, on both sides of the aisle, have benefited greatly from this economic turmoil that they have created. The only real defining feature of the political parties that have continuously volleyed control of this country back and forth with each other, is their mascot. Both have benefited from continual crises in this country. They will continue to benefit, as long as there is misfortune to prey upon.


If you’re wondering who could possibly benefit from an incredible recession, ask yourself some questions. First, have you personally seen any benefit, money or otherwise, from the already trillions of dollars worth of bailout money? Second, do you know anyone who has? Didn’t think so. So where is all of the money going? How could we have companies being handed more money than some countries’ GDP and still be making cutbacks?


If you’re still not convinced, follow the money trail. JPMorgan was a leading contributor for both the DNC and the RNC. Why, you might ask? Because they don’t care who wins. They only want to make sure that they are taken care of by the next administration. And taken care of, they were. JPMorgan CEO Jamie Dimon was given exclusive meetings with President Obama and afterward was able to buy Bear Stearns at about $2 per share.


How was JPMorgan able to avoid plague? $25 billion was given to JPMorgan by the Bush administration during the first round of bailouts. JPMorgan then financed the DNC with $372,373 and the RNC with $413,742. JPMorgan obviously recognizes that both sides of the aisle are sympathetic to their interests and are willing to spend money to keep the minions in office.


JPMorgan is just a small crumb off the cookie, though, compared with the overall impact of financial institutions in keeping the establishment in power. Goldman Sachs got an immediate $12 billion bailout after supporting Obama’s winning campaign to the tune of a mere $1.1 million. Interestingly, Goldman Sachs did not spread the wealth as evenly across party lines, only contributing $221,365. They clearly had a favorite, but as long as they can ensure gross profit margins for their investors, they’re happy. This is a common practice for a variety of firms. 8 of the top 10 contributors to the DNC were either financial institutions or the legal entities which represent them. Across the aisle: the list of RNC contributors is a VIP list of financial institutions and law firms specializing in money management. The most important question that continues to be raised, however, is: Where did the money go?


In order to understand each branch of the money trail, you must first understand where the money comes from. Unfortunately, the corruption and fraud that is to be uncovered by such an exploration cannot possibly be discussed in one article...

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