Do Corporations Rule America?

American Thinker ^ | 07/29/2014 | Christopher Chantrill

[SeekAndFind]

I suppose it's natural that the average American believes that the Crash of 2008 was caused by greedy bankers and that the problem with health insurance is insurance company profits.

After all, most Americans work for big companies, and they know that at any moment corporate security could appear at their cubicle to escort them to the exit. Employees know the power their bosses have over them; why shouldn't the bosses have the same power to work their will over politicians?

Not only that, but politicians pose as the worker's friend. We'll protect you from the ravishings of your lascivious employer, they say. We'll regulate the bosses and carve out a share of their profits to return to you in benefits.

What is not to like about politicians? What's not to hate about corporate bosses?

How do you begin to persuade a rank-and-file American that business is their friend and government is their enemy? Good luck with persuading the 18,000 folks that just lost their jobs at Microsoft and are now wondering what government benefits they might qualify for.

But then, the private soldier always thinks worse of the sergeant that yells at him to get out of bed than the commissioned officer that asks kindly after his mother just before sending him to his death.

When your big corporate employer gives you the pink slip, who really rules: the corporation or the market?

[Mase]

If bankers rule the world, how is it that they were forced by government to make loans to people who had no ability, or intention, of ever paying them back? How is it that government is able to force these Masters Of The Universe to participate in their wealth redistribution schemes?

You blame banks, and industry, for the many problems you perceive without any condemnation of the all powerful federal government pulling the strings. Do you consider yourself a big government conservative?

[Jan_Sobieski]

Answer: the party in power that elects the chairman. Government is the largest corporation with Trillions in revenue. It is the only legal Monopoly. It exists to stay in power...not to make a profit.

[Toddsterpatriot]

We need to focus on building up America now.

How?

[Toddsterpatriot]

The IRS farms middle-class workers to pay the Fed back.

What does the Fed do with their earnings?

[BCW]

When there is a finanical hit..it is not due to over reaching their stance...they just don,t see what will happen..and more concerned with the end of day profit...

[1010RD]

How do you bring back jobs to America? What’s that policy look like? Does it use force?

[khelus]

If bankers rule the world, how is it that they were forced by government to make loans to people who had no ability, or intention, of ever paying them back? How is it that government is able to force these Masters Of The Universe to participate in their wealth redistribution schemes?

You blame banks, and industry, for the many problems you perceive without any condemnation of the all powerful federal government pulling the strings. Do you consider yourself a big government conservative?

courtesy cc: Pelham

Explained much better than I could by Pelham:
http://www.freerepublic.com/focus/news/3181359/posts?page=14#14

[khelus]

Re: The IRS farms middle-class workers to pay the Fed back.

What does the Fed do with their earnings?

Among other things members are guaranteed 6% return on their stock. Since member banks are only required to pay half the price of their stock that is an effective 12% return guaranteed by law. Nice gig if you can get it.

"Member banks must subscribe to stock in their regional Federal Reserve Bank in an amount equal to 6 percent of their capital and surplus, half of which must be paid in while the other half is subject to call by the Board of Governors"
http://www.federalreserve.gov/pf/pdf/pf_complete.pdf

[khelus]

re post #13

Good links. Thanks.

[Toddsterpatriot]

Among other things members are guaranteed 6% return on their stock.

Okay. That was about $1.6 billion in dividends last year. What do they do with the rest?

Since member banks are only required to pay half the price of their stock

They only get paid for capital they actually contributed, so it's 6%.

[khelus]

Re:Since member banks are only required to pay half the price of their stock

They only get paid for capital they actually contributed, so it's 6%.

Not according to the Fed:

"Member banks must subscribe to stock in their regional Federal Reserve Bank in an amount equal to 6 percent of their capital and surplus, half of which must be paid in while the other half is subject to call by the Board of Governors...... Member banks receive a 6 percent dividend annually on their stock, as specified by law .... "
http://www.federalreserve.gov/pf/pdf/pf_complete.pdf

[Toddsterpatriot]

They have to buy a certain amount of stock. Half now, half if the Board of Governors tells them.

They don't get paid for the stock they didn't buy yet.

[khelus]

They have to buy a certain amount of stock. Half now, half if the Board of Governors tells them.

They don't get paid for the stock they didn't buy yet.

Thanks for the correction. It's still a pretty good gig - 6% guaranteed by law.

[Toddsterpatriot]

They usually make better than 6% on their capital.

$1.6 billion last year. Kid stuff.

[PieterCasparzen]

If bankers rule the world, how is it that they were forced by government to make loans to people who had no ability, or intention, of ever paying them back?

Largest banks are publicly held. If the bank goes bankrupt, the shareholders lose. Other people's capital.

Before that even happens, however, the top elites have their men as Sect'y Treasury, on the Board of the Fed, etc. All these top advisors to the President recommend a government bailout of the bank. Other people's money.

If you look at the bank balance sheet, Assets=Liabilities-Equity (shareholders).

While the assets are huge - so are the liabilities; equity is relatively small. Liabilities (a lot of which is Customer Deposits) are other people's money.

The "bankers" us conspiracy guys talk about "control" by having people who have the banker's policy goals as their goals (minions) installed as officers and directors on the boards of directors of banks. Bank policy, like "green energy", "LBQTQ" (whatever), "climate change", etc., thus comes from the top financial elites. They put out the word, and all their minions, in their roles as university trustees, members of boards, etc., start implementing.

How is it that government is able to force these Masters Of The Universe to participate in their wealth redistribution schemes?

The redistribution is from working taxpayer to any consolidated entity that is controlled by the elites. Tax dollars go to the elite's NGOs, healthcare companies, manufacturing firms, defense contractors, any fund that holds US government debt (interest), etc.

Working taxpayers also buy from basically every publicly-held company; especially the large ones. So once they are consolidated into only a few nwo-controlled companies, you're always buying consumer goods from them and they can, because of their oligopoly, just sort of quietly keep raising prices together so they can pass on higher costs.

You blame banks, and industry, for the many problems you perceive without any condemnation of the all powerful federal government pulling the strings.

The elites are the string-pullers of government; it's 100% theirs.