I think yes Wall Street controls the U.S. Big companies and rich CEOs and such buy politicians here. The system is corrupt and does not accomplish what benefits most people. Our media is also corrupt and does not tell the truth anymore than Chinese media. The big difference between China and the U.S. is that in China people are conditioned to obey the government for the most part or they get sent to reeducation camp or something. Here in the U.S. people do mostly what they want regardless of what government tells them. In China they get told "you are getting the covid vaccine" , and 99.9 % of people will. Here we are told " you are getting the covid vaccine" and only maybe 60% will, the rest will say "**** you". It's like that with any law in the U.S., illegals come regardless of law, people do illegal drugs , people don't drive the speed limit, people steal, murder and cheat. The prisons are full here. Places like Detroit and South Chicago don't exist in China, they would probably shoot them all and be done with it.
Freedom of speech is an illusion in the U.S. also, you can say what you wish as long as you don't offend anyone. Then it's "hate speech" and you get deleted...
Press is corrupt and lies
demonstrations are no longer an option either, they will turn violent and people in them will either get killed or get arrested
Both systems are bad in different ways

 

Places like Detroit and South Chicago don't exist in China, they would probably shoot them all and be done with it.

A rare instance where I agree with the ChiComs.

 

No, it's Israel

 

Perhaps, but if it is they are using the European banking houses to do it. Via the FED and the Largest Corporations.

CPA Thomas D. Schauf corroborates McCallister’s claims, adding that ten banks control all twelve Federal Reserve Bank branches.

He names N.M. Rothschild of London, Rothschild Bank of Berlin, Warburg Bank of Hamburg, Warburg Bank of Amsterdam, Lehman Brothers of New York, Lazard Brothers of Paris, Kuhn Loeb Bank of New York, Israel Moses Seif Bank of Italy, Goldman Sachs of New York and JP Morgan Chase Bank of New York. Schauf lists William Rockefeller, Paul Warburg, Jacob Schiff and James Stillman as individuals who own large shares of the Fed.

The Federal Reserve Cartel: The Rothschild, Rockefeller and Morgan Families - The Event Chronicle

The control that these banking families exert over the global economy cannot be overstated and is quite intentionally shrouded in secrecy. Their corporate

theeventchronicle.com

This page is interesting

https://lawsintexas.com/the-federal-reserve-is-bank-owned-two-banks-own-75-percent-of-it-can-you-name-them/

But at the end of the day no thinking person should be surprised by this, the history of the world is a history of dictators, call them ruling elite, Kings, The Senate of Rome. They are all super wealthy individuals whose families emerge from a young nation state to ultimately control it. Modern Democracy, it's nothing more than a scam, modeled on the Roman Empire's early political structure where plebeians had their say.

The office of the tribune of the plebs in ancient Rome was formed at the beginning of the republic, probably at the beginning of the 5th century BCE. In 494 BCE in the face of the rebellion of the plebeians, the aristocracy made some concessions. The compromise of 494 BCE resulted in the establishment of the office of the people’s tribune.

Tribune of the plebs in ancient Rome « IMPERIUM ROMANUM

The office of the tribune of the plebs in ancient Rome was formed at the beginning of the republic, probably at the beginning of the 5th century BCE. In 494 BCE in the face of the rebellion of the plebeians, the aristocracy made some concessions. The compromise of 494 BCE resulted in the...

imperiumromanum.pl

Anyone who votes is just confirming that that they believe the lie, they are a true plebeian.

 

The US is currently ruled by a small cadre of multi national bankers. The run the US Federal Reserve, they control which corporations and industries get access to funding, they make up the lies and protect those that spread them. The World Economic Forum is a publicly acknowleged part of the same group.

 

they are definitely part of it

So can we at least all agree that the system as is currently in the U.S. sucks?

 

This post is in response to one of the replies in my other threads：


To Ralfy:

It's true that Wall Street tycoons and corporations are very influential in US politics and economy.

But I don't agree with Pilger's claim that they are the ruler of US.

You can't compare US with China in political system.

The United States is a democratic country, with a nickname: melting pot. The American People enjoy the basic freedoms: Freedom of speech, freedom of press and freedom of demostration. In theory, any American whose personal conditions comply with the Constitution can participate the Presidential election. Common American people can criticize any government leaders in pubic. American media also play an important role in supervising government and President. Water-gate scandal ,which led to the resignation of Nixon, is a case in point.

The communist countries such as China,Cuba and North Korea are autocracies. People can't enjoy any such freedom and will be arrested and even may die secretly if they criticize government and demonstrate in public.All of the media(Newspaper, TV stations) in those countries are state-owned and must be politically correct. (It seems that the left is turning the United States into a communist/socialist country)/

Mike Ron,

It's a blend. USG is comprised of most powerful groups. Yes, the name "Wall Street" is used but the more exacting name is "Eastern Establishment". It is not a geographic term any more. After all, America's richest comany ... as if this can really be determined ... is Cargill of Minnesota.

You can compare different political systems.

Large deomgraphic groups in US population do not have, for example, freedom of speech nor of the press. Our press has shrunk so much even the press has little freedom of the press. They are reliant on USG or they join the Washington Star (gone) and Washington Times (highly restricted market area), etc.

The Nixon political assassination was not about Watergate breakin. It was a palace coup d' .

All media in China is not state-owned but understand and accept your point.

 

No-London(banks) rules America

 

How so?

 

China. Owns most of the gubernment

 

Those who fail to study history are doomed to relive the failures and wars

US Trusts back i the day

Updated

 

Old political cartoons explained for non-Boomers that hever had history lessons in school

The Image of the Octopus, six drawings, 1882-1909 (nationalhumanitiescenter.org)

Like this one

back in the day, Standard Oil was the bogyman.

In the now post-industrial America, it is Big Tech or the mass Media.

 

Old political cartoons explained for non-Boomers that hever had history lessons in school

The Image of the Octopus, six drawings, 1882-1909 (nationalhumanitiescenter.org)

Like this one
View attachment 478865
back in the day, Standard Oil was the bogyman.

In the now post-industrial America, it is Big Tech or the mass Media.

DKR,

With Standard Oil $$$ holding much equity in Big Tech. NB: JP Morgan Chase is Dave Rockefeller's ESSO contribution to this quality history lesson above.

Full disclosure: I am not a farmer nor own a railroad.

Not too much is new under the sun.

 

The biggest and only threat is Warren Buffett. The rest are just big boys pushing for their own interest.

 

Silly question. Money always comes first in the eyes of government.
Then, right at the end of a very long list of "important things", comes the little people.

 

2% to 4% of the people in the USA, plus the Main Stream Media, Silicon Valley Tech Titans.....you cannot name the people without getting banned here.

Look at the makeup of who owns the banks, Silicon Valley and the media. Those are your overlords.

 

I think Jimmy Buffet should rule America! We are all pirates at heart, why not make it official. If more people believed in Marguritaville as a lifestyle the world would be a happier place.

 

Forbes Global 2000 List 2022: The Top 200

top 200 richest businesses in the world

 

Forbes Global 2000 List 2022: The Top 200

top 200 richest businesses in the world

I never worry about how much or what someone else has. I focus on building mu net worth regardless of the circumstances outside my control. I do try to profit from those things outside my control.

 

When you look at the major global corporations, banks, and organizations they are all intertwined. When you look at the major share holders and corporate boards you will see the same elite families and names sitting on these boards. Throw in the Vatican, London, the IT businesses and media along with China and you have those who run the global economy and politics.

Until you have seen these visual charts of the overlap between these entities you would have no idea they are all run by literally the same wealthy families. My apologies for not linking something but for me it is old news so I'm not interested in the research to find good links, but I run into articles with the information several times a year.

 

Money talks and bull**** walks.

You can only buy favor from politicians with money, life ain't fair. Get used to it.

 

I don't pay much attention to whatever ralfy posts, as it is consistently biased in favor of leftist pols and policies.

 

Money rules the United States. Wall Street or big business, doesn't matter where it comes from.

 

[QUOTE="Mikeron, post: 21464573, member: 301159"
But I don't agree with Pilger's claim that they are the ruler of US.
[/QUOTE]
So your saying that the common person has the same access to all levels of government as someone like Bill Gates etc. If you don't like a bill you can hire / get a lobbyist to speak directly to Congress and / or the president? You have millions to dump into a political campaign to get someone elected or to sponcer a law you want passed? So I guess that billions are being dumped into the midterms because Wall Street just wants to waste their money?

 

As @Hick Industries said, Wall Street rules the Federal Reserve. There's a looming liquidity crisis. And, as always, it will be the Fed that steps in and saves market by printing more money.

 

Do you actually know what is happening with the FED currently?

 

This post is in response to one of the replies in my other threads：


To Ralfy:

It's true that Wall Street tycoons and corporations are very influential in US politics and economy.

But I don't agree with Pilger's claim that they are the ruler of US.

You can't compare US with China in political system.

The United States is a democratic country, with a nickname: melting pot. The American People enjoy the basic freedoms: Freedom of speech, freedom of press and freedom of demostration. In theory, any American whose personal conditions comply with the Constitution can participate the Presidential election. Common American people can criticize any government leaders in pubic. American media also play an important role in supervising government and President. Water-gate scandal ,which led to the resignation of Nixon, is a case in point.

The communist countries such as China,Cuba and North Korea are autocracies. People can't enjoy any such freedom and will be arrested and even may die secretly if they criticize government and demonstrate in public.All of the media(Newspaper, TV stations) in those countries are state-owned and must be politically correct. (It seems that the left is turning the United States into a communist/socialist country)/

By "Wall Street," I mean the richest. The richest 10 pct of the U.S. population owns almost three-quarters of the total wealth of the U.S.

Top Wealth in America: New Estimates under Heterogeneous Returns - Princeton University - Department of Economics

In a paper that uses new data and methods to measure top wealth in the United States, Matthew Smith (Treasury) Owen Zidar (Princeton), and Eric Zwick (Chicago Booth) provide a detailed picture of how America’s ultra-rich build wealth and the pace at which inequality has grown. Their findings...

economics.princeton.edu

In addition, only three companies manage a large chunk of those assets:

These three firms own corporate America

Together, three asset managers now control shares in 40% of all publicly listed firms in the United States.

theconversation.com

Around 90 pct of U.S. media is controlled by around six corporations:

These 6 corporations control 90% of the media outlets in America. The illusion of choice and objectivity - Tech Startups

In today's world, where information is paramount, a concerning truth comes to light: just six corporations have a grip on almost 90% of media outlets throughout the United States. This consolidation of media power marks a significant change in how information is shared, molding public...

techstartups.com

You can see similar in pharma, food retail:

https://thetakeout.com/four-food-companies-control-80-of-all-american-groceri-1847319769

and even processing globally:

Companies that control the world's food

A relatively small number of companies wield an enormous amount of influence in the world's food industry.

www.usatoday.com

Finally, globally, only a few corporations control the world economy itself, and they are mostly financial:

Revealed – the capitalist network that runs the world

The 1318 transnational corporations that form the core of the economy. Superconnected companies are red, very connected companies are yellow. The size of the dot represents revenue AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters' worst...

www.newscientist.com

The U.S. government has been working for the rich for decades, especially given the formation of the Fed, a quasi-central bank that's actually a private consortium of Wall Street banks.

The rich support it via credit and the military industrial complex, which Eisenhower warned about decades ago. That complex is used to support the military (with over 800 military bases and installations) needed to coerce other countries and keep the dollar propped up while encircling Russia and China and gaining whatever the country could strategically or through access of natural resources or cheap labor. This coercion is needed to maintain heavy borrowing and spending across the decades, and thus keep the U.S. economy itself propped up and the rich which dominate it happy:

Krugman and the Pied Pipers of Debt

Investors are celebrating an incipient “recovery,” but the interventions that were responsible for it are sowing the seeds of a more violent contraction down the road.

seekingalpha.com

That heavy borrowing and spending has now led to almost $70 trillion in total debts:

Grandfather Debt Summary Table Report by MWHodges

and more than $170 trillion in unfunded liabilities. I'm told that the debt is mathematically impossible to pay, and that the country can only pay the interest. Thus, it also has to keep borrowing to cover existing and future debts.

These weak countries have become stronger:

BRICS - Wikipedia

en.wikipedia.org

Emerging market - Wikipedia

en.wikipedia.org

and are taking over the global economy:

The rise of the global middle class

Hundreds of millions of people have been lifted out of poverty but can the middle class continue to grow?

www.bbc.com

More of them are no longer obeying the U.S., preferring bilateral trade, formation of new economic blocs, and moving away from the dollar.

Obviously, Wall Street does not want that, as less global reliance on the dollar will mean less borrowing and spending for the U.S. economy, and with that the latter will weaken considerably. In which case, Pilger's argument makes sense, in light of the saying that if the only thing one has is a hammer, then everything will look like a nail:

But war will be devastating for the world economy: one of the main trading partners of the U.S. is China. One of the main trading partners of China is the U.S. Taiwan has both the U.S. and China as major trading partners. Many countries are dependent on each other for various goods and services.

Finally, the major powers has avoided such catastrophe by using weaker countries for proxy wars. But those weaker countries have now become stronger.

 

Raify,

Ref "finally, globally, only a few ... financial

If you inject the term "STCs" / "State Trading Companies" somewhere in thread, will agree with the global picture and the rest of the thread.

.....

Sometimes it's difficult to determine what is and is not a STC.

The US is notorious for economic camouflage.

NB: I am not against US practice; just mentioning it.

 

The United States is a democratic country, with a nickname: melting pot. The American People enjoy the basic freedoms: Freedom of speech, freedom of press and freedom of demostration. In theory, any American whose personal conditions comply with the Constitution can participate the Presidential election. Common American people can criticize any government leaders in pubic. American media also play an important role in supervising government and President. Water-gate scandal ,which led to the resignation of Nixon, is a case in point.

The communist countries such as China,Cuba and North Korea are autocracies. People can't enjoy any such freedom and will be arrested and even may die secretly if they criticize government and demonstrate in public.All of the media(Newspaper, TV stations) in those countries are state-owned and must be politically correct. (It seems that the left is turning the United States into a communist/socialist country)/

Some additional points about autocracies, democracies, etc.

Several of those autocracies, from those led by Pinochet to the ones by the Shah of Iran, were supported by the U.S. The results are mixed--with Chile doing much better and Iran suffering because of corruption--but the point is that the U.S. has never operated through ideological beliefs but through maximization of earnings via realpolitik. That's why even during the Vietnam war it tried to make peace with China, if only to counter the Soviets.

Meanwhile, several of such regimes came in varying degrees and led to economic growth in Asia, including the LDP of Japan (which has been dominating the government for decades), the former dictatorship of Taiwan, the present regime in Singapore, the former dictatorship of South Korea, and so on.

China has one of the highest average growth rates in the region: around 6 pct across several decades. Similarly, Cuba, even with a trade embargo, saw its economy quadruple in size in two decades. Vietnam is doing well, with an ave. growth rate of around 4-5 pct. Meanwhile, North Korea is struggling, with a low growth rate similar to that of the U.S. and of the Philippines, which is a U.S.-style democracy.

The point is that it looks like no belief or ideology--democracy vs. autocracy, communism vs. capitalism, etc.--is better. What's best is what works, it involves shifting from one or the other or even combining them, and it varies from country to country.

For example, China had a state capitalist model and it failed. When it shifted to an economy similar to that of the U.S. with the Communist Party is a major partner in businesses, local or foreign, it succeeded.

Meanwhile, Vietnam has a market socialist economy: businesses are owned by the state or cooperatives, but they operate in a free market where competition is allowed. It's doing well--at least much better than the Philippines--but it now plans to remove the ownership restriction.

Cuba still has a state capitalist model, and it experienced incredible economic growth, and that for several societal indicators like infant mortality rates and health care, it's doing much better than the U.S.

North Korea has a similar state capitalist mode, and it's doing as poorly as the Philippines.

The Philippines followed the U.S., except that it wanted to satisfy all parties, so it had protectionism which gave advantages to the local rich. The result is one of the lowest economic growth rates on average in the region. But when autocrats like Duterte took over, its economy took off. It's now averaging 7 pct per quarter, one of the highest in the region.

Finally, many Asian countries which achieved the "East Asian Miracle" did so through combinations of autocracies with socialist principles: selective protectionism and import substitution, heavy infrastructure development, export orientation, periodic national economic planning, and essentially nationalist economics. Odder still is that they borrowed these ideas from nineteenth-century Prussian state policies, which are both autocratic but also Christian. On top of that, those policies borrow from over three centuries of European mercantilism.

 

Some additional points about autocracies, democracies, etc.

I think the reason why the U.S. doesn't work and some Asian countries do is diversity. I don't think cultural diversity is all that great, it causes too many problems and the politicians play off one group against the other. In China, everyone just about is Chinese, same culture same language

 

IMHO it's all a scam. It's so manipulated behind the scenes. You can objectively go to the bank, shopping, stock up on yard supplies and listen to people talk about how their lives actually are and how credit is extended/withheld, how their businesses are doing. Then turn on the radio and listen to the stock market reports. Total, entire disconnect most days. There are the higher-ups who manipulate credit and the markets, and then there's the working people and businesses who keep vital commerce flowing. There's almost no correlation between them these days. When "the NASDAQ is trending upward" and the guy at the feed store says he's not getting chick feed today because it's short, and they couldn't get a loan to expand their parking lot, it's time to stop making how Wall Street is doing a measure of sucess for the country.

 

H Herb,

Welcome to the Forum.