30-03-2013, 12:17 PM
David Guyatt Wrote:The wealthy get free and clear, the poorer and middle classes get to take the hit.
Ain't it always so.
Anyway, the main point in posting on this subject is to raise the question whether all this haircut business is simply a covert wealth transfer mechanism, so that the majority are impoverished to a lesser or greater degree, while the immensely rich/elite get wealthier and their essential wealth transfer and holding mechanisms (banks) are made whole?
Just a thought.
Seems to be the way 'things' are 'set up'......come to think of it, seems to be the way things have been set up the last many thousands of years [with minor push-backs, usually temporary, by the poor and middle-classes]. Welcome to neo-feudalism.
[and welcome back]
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass