Banksters cause poverty, in the USA classism in engineered.

in #government7 years ago

Poverty in the USA is engineered. The banksters choose who will be funded and who won’t. It really is that simple.

The banksters fund all aspects of life, or in other terms they OWN all aspects of life. Whether it’s loans on cars, homes, or education, funding of studies, funding of small business, or funding of governments, it’s the banksters choosing who gets money, and who is left out of the economic system.

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Recently I read an article stating that 80% of all income in 2017 went to 1% of world’s population. Really it was more like .01%, the rest of the world had to fight for the remaining 20% of the income.

It’s cut and dry really, wealthy people get more wealth, and poor people get more poverty.

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Currently in the USA there is a plan to roll back the banking regulations which could have prevented the financial crisis of ‘09. The banksters want to gamble with larger sums, they want larger gains and to stick the rest of us with larger losses.

People are not unaware of these systems of oppression. Many people understand these ideas, they are familiar with effects these banksters have on the world because they have faced the effects of these banksters. Debt collectors, home foreclosures, credit checks, and financial discrimination are generally accepted.

In the USA our classist system is based on the policies of banksters. The institutions which fund insurance agencies, mortgage companies, and retirement funds intend to leave out the lower classes. They meet with each other on golf courses and in K Street bars deciding fiscal policy and king-making behind closed doors in rooms with walnut paneling, drinking 100-year-old whiskeys.

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This classism in the USA is leading to death. People are left out to die on the streets because their credit is bad, and no one wants to rent to someone who has a black mark on their credit history, or hire someone with a gap in their employment. Financial discrimination is not only legal, it’s encouraged.

People who are in that .01% of the wealthiest individuals are insulated from the suffering their greed causes. They live in gated communities where the only other faces they will see are others of the entitled class. Where no one walks and everyone drives golf carts to and from the clubhouse for their all-inclusive brunches. The only cars they see are BMWs and Lexuses. These are the people who only see people of color when the gardener comes, or the pool boy.

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The banksters decide if you will get a loan to live in the exclusive communities, and it’s been proven that banksters discriminate based on color when home loans are denied. This practice of “redlining” was outlawed by Congress, but because the banksters own the congress, they own the enforcement branches of government and they know that even if they are found violating the law the most they will face is a wrist slap.

We live in an oligarchy, there are no two ways about it. Most people here in the USA see no way out of it. They are resigned to classism and are not willing to abandon their comfort to take a stand against oppression. Until we collectively stand up to the kleptocracy of the USA we will remain under the thumb of the tyrants in suits, with their economic policy justifying a collective shrug where poverty and suffering are involved.

Proofreading with thanks to @lenadr

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The divide and conquer strategy has been a staple of the wealthy/elitist classes since the start of the republic. In recent times, though, it certainly feels as though this strategy is being applied with an even greater degree of pressure. Criminalizing the feeding of the poor, the reemergence of debtors prisons, trapping minorities in jail because they can't pay bail (and they end up agreeing to lesser charges just to go free), interest rate apartheid (rich banks get Fed funds rate, rest of us schmucks get??), tax benefits that only increase the farther up the economic foodchain you go, points and cashback for people with the ability to spend more money (if you have more you get more...), and on and on.

Where is the breaking point? When does life for the poorest get so miserable they fight back? Will the next economic shitstorm (the popping of multiple bubbles...real estate, stock, bond, global debt) be the catalyst for massive social change? Or will the oligarchical architects fashion a new system of control like they've been doing successfully for hundreds of years? Time will tell, but I'd like to think that the next big economic upset will finally prick the conscious of the mass of people and that a washing away of the extant systems will begin!!!

We are seeing the crumbling of a nation, Nero plays fiddle while Rome burns.

People are still to comfortable with the inequality and willing to take the crumbs from the high table. Once people find themselves starving it will be to late, it's like a real life hunger games, and there is no district 13.

All we can do is keep preparing for the opportune moment, and create strong core groups.

Thanks for your thoughtful comment. I am glad to know other folks are seeing the same things unfolding.

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