Wall St. "Too Big to Fail" Banks and Corporations Are the Real Takers: Count the Ways


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Your Daily Dose of BuzzFlash at Truthout, via my pal Mark Karlin:

The takers are on the loose, mugging most of the American population and destroying a vital economy and representative democracy in the process.  They break the rules, think only of themselves, and take unaccountable advantage of decent people in society. [...]

Who are the takers in our society? The corporations who make record-breaking profits at a time when workers are enduring decreased (adjusted for inflation) pay or losing their jobs – and the too big to fail financial institutions who take advantage of an all but monopoly-hold on our money supply.

The following are just a few examples of the takers in action.

Banks: ...These banks aren't banks: they are financial entities with tentacles that control DC to ensure lack of regulation, which allows them to take and take and take from those of us who actually labor for a living.

Agri-business: First they came and squeezed so many of the small farmers out of business.  Now they are taking away our fundamental human right to own and farm the basic grains of life: seeds.... You can't be more of a taker than one who steals the agrarian seeds of life and forces payment for them throughout the world.

Logo Brand Corporations: ...Logo brand corporations take our dollars, increase their record profits, hire exploitative labor sub-contractors in financially desperate nations – and they make relatively minor financial investments in building the domestic US economy.

Predatory Venture Capitalists: Mitt Romney represented the ultimate $250 billion dollar venture capitalist blood sucker on the US workforce and economic structure.  All he did was implement strategies to take companies down, sell off their parts and decrease labor costs.  [...]

Corporate Intellectual Capital: Who provides the education that allows companies such as Apple, Microsoft, General Dynamics, and Northrop Grumman to prosper?  Do they pay for the education of their workers?  Not a chance. The public school system – and public and private colleges – are the fundamental basis of the brain power behind US corporations.  [...]

They are the 1% freeloaders, freeloaders on a society that provided everything they needed to become the ultimate gilded grifters.

Please read the entire post here.

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