What Can Be Done About The State of the Economy?

As this article is written, new reports show that the economy has slipped deeper into a "Depression". Nationally, one in every 10 Mortgages is at least one payment behind, and another 4% have already entered the foreclosure process.

Two States lead the downward trend, Florida and California with Nevada and Arizona not far behind.

The picture in Florida leaves a bleak assessment of the landscape. Between April and June, 12 percent of all Florida mortgages were in the foreclosure process and one in four, (25 %) were late on payments and under threat of being included.

In California, a similar picture emerges, 10.8 percent of all mortgages were more than 90 days late or in foreclosure. California the largest State, population wise, accounts for 13.3 percent of U.S. mortgages yet experienced almost 20 percent of foreclosure starts between April and June.

In Nevada, the picture is even worse as foreclosures continue to claim Nevada as one of the top three regions where foreclosures are reshaping the landscape. Commercial shopping centers remain as much as 80% empty, storefronts bearing signs "for Lease" but with no takers, and office buildings stand completely vacant. On top of this more than 4.5 percent of real property, homes once occupied by middle class residents now stand empty.

In the second quarter, April to June, forty-one states demonstrated an increase in their foreclosure rate, but this is now for "prime" fixed-rate mortgages. Prime fixed-rate loans account now for one in three foreclosure starts, up from a year ago when they were one in five.

Prime fixed-rate loans account for 65 percent of all outstanding U.S. mortgages, but they were more than 32 percent of foreclosure starts during the second quarter. They also constitute 27 percent of all U.S. loans now in foreclosure, and are growing monthly. None of the Government programs have worked to alleviate the stress.

The Making Home Affordable effort, which was hoped to be a model the Banks would pursue, has demonstrated to be a complete failure. The Banks are refusing to co-operate and to help borrowers modify their loans, Wells Fargo being one of the worst offenders, while Bank of America seems to be more compassionate toward their borrower's plight. Part of the problem has been the Derivatives (Credit Default Swaps) which guaranteed payment to the investors when these loans failed. As the Bush and Obama Administrations salvaged AIG, they also, at the same time, placed the final nail in the coffin of many borrowers, because the Banks had NO incentive except to foreclose and be paid out by the insurance contract.

This is not the first time in the history of America that we have gone through a major "depression", but it is the first time the Government has not made any effort to help its people. Instead, the administrations have looked to support the Banks "against" the interest of the public.

What can be done? A lot!

First the government and or any state of the Union can and should declare a foreclosure moratorium. This was done during the depression of 1929 and 1932. It would further give the Banks, who were the cause of the problem, an incentive to work with the borrowers and to make loans more affordable.

The goal must be to keep borrowers in their homes and to begin to stabilize the Real Estate Market. With that the job market would follow!

What the Banks lack is incentive! The Banks already obtained their bailout and now its business as usual.

The effects on the economy are mind shattering, bringing the sanity of Bankers into question. Logic and simple economics dictate that when Banks foreclose in volume, as they are doing then offer the property at distressed price levels they will trash the real Estate Market. They did both!

Every region of the country has experienced a market crash both in the value of their homes and the numbers of those homes for sale at distressed prices. It's based on the simple economic principal called supply and demand! The Banks are controlling the supply based on the level of foreclosures, and with a market continually in decline there is very little demand, and even less money being made available.

The work force now at its lowest level in recent history, is suffering as more and more businesses close their doors, or outsource to China or India, while top executives continue to rake in multi million dollar paychecks, and bonuses.

We are slipping deeper into a quagmire from which if we don't begin to act responsibly may continue for decades, and if it does, it will affect each of us, our children and theirs...

Some 150 to 200 banks are now primed to fail within the next several months, No American Bank is healthy enough to take them over, and a further bail out without consideration of the Borrowers in mind would create a further wedge, and further increase the numbers slipping into default and foreclosure.

If the taxpayers are to be on the hook to salvage a system that poisoned itself, their MUST be some consideration given to those taxpayers, a foreclosure moratorium is suggested, and rightfully due them.

America, The End of a Modern Empire

America, like all efforts at empire building before us is crumbling under the weight of corruption, a corruption that has swelled from within, effectuated by greed, and by religious zealots, this corruption, buying the favors of our political agenda is taking the form of bribery and a never ending lust for power.

The religious right, responsible for bringing Hitler to power also was responsible for the end to the Germanic empire. Just as the Fundamentalists, the Religious right in America had devastated both the consciousness of the Republican Party, and the moral fiber of this Nation.

The Christian fundamentalist, advocate everything for which this country must be opposed, the likes of Torture, wars of choice, the disenfranchisement of religious thought, and right to question, the antipathy of their children, and the vote rigging to elect their own to office. Each to achieve the perception of greatness, and their illusion of reality, but for the resources of another country, they have initiated wars based on religion, and as their teachings, they too are false prophets!

The leadership of these misguided souls consists of individuals of moral inequalities, the maladjusted with addictive personalities who have infiltrated our military. They in the unguarded moment of our history have laid waste to a whole political spectrum. A philosophy of empiricism experienced of historical insight lacking their intuition. Yet they are followed by millions with transient knowledge and biblical perception. Adherence to a view untenable to intellectual thought.

The Muslim Conquests, the French Wars of Religion, the Crusades, and the Reconquista are frequently cited historical examples, just as historically Iraq, and Afghanistan must appear as a continuation of the early crusades.

The crumbling of the American empire advanced more so by the Media, long ago neutralized, fearful of its own existence, and cowering before the vocal minority, are the most responsible for the failure of this experiment, and for the enslavement of man and of themselves. They were charged with the mandate to protect the republic, but as with each of our elected, their favors were also easily bought.

The collapse of the American empire was inevitable, as with all empires, America must fail and remain a blip on the chart of history. To be recognized yet differentiated from the empires of old, the Rome, Akkad, Sumeria, Babylonia, Ninevah, Assyria, Persia, Macedonia, Greece, Carthage, Mali, Songhai, Mongonl, Tokugawaw, Gupta, Khmer, Hapbsburg, Inca, Aztec, Spanish, Dutch, Ottoman, Austrian, French, British, and Soviet, each in their time, would come to an end.

There are four (4) stages that express the collapse of an empire. We are of the last stage; (i) Environmental Degradation, (ii) Economic Meltdown (iii) Military Overstretch, and (iv) Domestic Dissent

The first leg: Environmental Degradation consists of the destruction of the lands and waters we depend upon for survival.

Accomplished by the following:

Genetically engineered foodstuffs that inhibit the product in the food chain’s ability to regenerate a crop, and includes the destruction of the honey bee, necessary to our survival as a species, and (ii) The pollution of over 75 percent of the earth’s waterways, and (iii) The addition of poison to our drinking waters, “Fluoride” and (iv) the waste of millions of acres of farmland through the use of toxic fertilizer “Monsanto”.

Important ecological indicators are in decline, e.g. the erosion of top-soils and beaches, overfishing, deforestation, pollution of water, soil, air, and food, depletion of oil and minerals reserves, the introduction of new diseases created in the laboratory, and invigoration of old ones, extreme weather, melting icecaps and rising sea-levels, and multiple species extinction.

The second leg: Economic Meltdown consists of allowing our money supply to be controlled by a criminal element, an element that has no concern for the financial stability of the nation, but only for the financial advancement of them-selves, the Banking cartels. Today they control every facet of our existence.

The United States as all empires before us, is dependent on excessive resource exploitation, derived from countries farther and farther away, e.g. the Middle East, Asia, Africa, and South America, the resources have become necessary to feed an insatiable appetite, and are based on not the greed of the consumer, so much as the control of the large corporations. The global corporate world is the producer and America consumer is the consumption unit. This nation is in debt more than 12 Trillion dollars, and that debt is growing rapidly.

The third leg: Military Overstretch. America has and supports a presence of more than 460,000 military personnel in more than 150 acknowledged Countries: That there are others which remain secret is also known.

Iraq- 128,100; Afghanistan-48,200; Africa- 2400; Kenya -42; Egypt- 529; Asia-97,000; South Korea-27,014; Japan-32,803; Philippines-95; Diego Garcia-311; Jakarta Indonesia-27; Singapore-125; Thailand-96; Malaysia-15; Australia-140; Marshall Islands-17; New Zealand-5; Germany-57,080; Souda Bay Greece-386; Italy-9,855; United Kingdom-9,825; Spain-1,286; Norway-81; Sweden-12; Turkey-1,594; Belgium-1,328; Portugal- 826; Netherlands-579; Greece-363; Greenland-126; Qatar-411; Bahrain-1,495; Kuwait-10; Oman-36; United Arab Emirates-96; Antigua-2; Columbia-123; Saint Helena-123; Guantanamo Bay Cuba-932; Ecuador-36; Netherlands Antilles-10; Hawaii-34,838; Guam-2,836; Puerto Rico-137; Alaska-19,408.

The United States within our nation operates 202 bases, the Air Force operates (71), the Army (59), the Marines (15) and the Navy (57).

Globally the footprint expands substantially more: numbering in excess of 106, with many unknown, (30) Overseas Air force Bases; some (30) Army Bases; (31) Marine Bases; and some (15) known Naval Bases. All supported by the US Taxpayer, several are Joint CIA bases of operation.

The final leg; Domestic Dissent; the act of rebellion; We see members of the armed forces in a state of rebellion, so far a known contingency of soldiers numbering in the 100’s are refusing to deploy to either Iraq or Afghanistan, their reason, the wars are of choice and illegal under our constitution. In addition a growing number of soldiers caught up in the drama are committing suicide, a concern and one of alarm for the military.

So far the military is continuing to enlist by means of deception; the other day while having breakfasts in a local restaurant I overheard a 17 year old girl talking about her enlistment in the US Navy, her reason, she liked to snorkel and the Navy said she would be able to snorkel all over the world, her mother was there and approved. No more needs to be said.

Civilian dissent has been observed through the lack of voter interest, only about 25 percent of the population’s eligible voters register or vote. The reason is their disenfranchisement with a system acknowledged to be corrupt.

That we are in the end times is without argument, but the reality is that it is a political and spiritual fall from grace!

Ford Motor Company Gets Minimal Effect of Cash for Clunkers While Most Automakers Lose Ground

While Chevrolet and Chrysler are seemingly out of the running, having sold fewer autos than it did a year earlier, 250,000 clunkers are claimed to have been traded for gas guzzlers that get a little better mileage, the average of 15.5 MPG trade in Vs 24.5 MPG new acquisition (9 MPG Difference), but along with the savings comes a monthly bill although amortized, still is around or better than $10,000.00.

If this was an effort to help the American automakers it gets a resounding "F" for failure. Four out of five, 80% of these trades were for foreign owned automobile manufacturers, Japanese automakers like Subaru and Hyundai, now 50,000 automobiles may sound like a lot, but the real figures when matched to the same period in 08, shows a different story.

Example, setting the auto sales on equal footing for July 2008 and July 2009 we see that there was NO benefit from the cash for clunker program "NONE". "NONE" in fact it was a total waste of taxpayer resources.

Ford: sales for July 2008 were 138,175 units, while its sales under the program July 2009 were 142,135 units a difference of only 3,960 automobiles, a mere 3% difference.

But Ford took this away from competitors like GM, Dodge, Chevrolet, Pontiac, BMW, Cadillac, Saturn and Chrysler who sold fewer units, actually this combined group sold exactly 50,000 fewer cars in 09 than it did in 08. Think about that, in other words there was a shift of consumers that would have bought a new car anyway and they didn't all go to Ford. In fact the group of 27 auto manufacturers sold a total of 162,000 fewer autos in July 09, than it did in July 08.

Mercury: sales for July 2008 were 9,412 units, while its sales under the program July 2009 were 10,031 units a difference of only 619 automobiles.

Subaru: sales for July 2008 were 16,271 units, while its sales under the program July 2009 were 21,893 units a difference of 5,622 automobiles and a showing much better than Ford. Subaru had a 34% increase from a year earlier.

Volvo: sales for July 2008 were 5,124 units, while its sales under the program July 2009 were 6,441 units a difference of 1,317 automobiles, a 26% increase from 08.

Hyundai: sales for July 2008 were 40,703 units, while its sales under the program July 2009 were 45,553 units a difference of only 4,850 automobiles again better than Ford, and an increase of 12% from a year earlier.

The other 27 Automakers, all lost ground, as they sold fewer autos during the government promotion than it did in the same period a year earlier. In fact in total the market was flat.
In short the Cash for clunkers was a total waste of money, did nothing to stimulate the economy, and actually cost the taxpayers, through creating a future obligation to support those who would have purchased a car anyway.

US to employ “Private Security Guards” to protect our GI’s in Afghanistan

Subtitled: Those Lunatics Are Still In Washington!

Reading the article that appeared in the Associated Press on July 26, 2009 I am left bewildered and confused.

Is not the US armed services “a force” capable of defending itself?

If the government is now intent to employ mercenaries to protect our GI’s, in Afghanistan -- then what are our GI’s doing in Afghanistan?

Why not bring them home and employ these mercenaries to fight the war, like Britton did, employing mercenaries from Prussia in 1775.

Obama, it becomes clear, must be smoking the same substance used by George W. Bush and Dick Cheney, as this is what their demented minds could have and would have conceived.

The U.S. military authorities in Afghanistan plan to hire a private contractor to provide around-the-clock security at dozens of bases and protect vehicle convoys moving throughout the country.

Um, excuse me, but isn’t this why our troops are in Afghanistan in the first place?

The prevalence of thought, the military believes, that as the number of American forces in Afghanistan swell over the next several months, so too does the demand to guard their outposts.

Apparently, those in charge believe, the armed services are not capable or equipped to guard their own outposts!

The Washington Post reported that the Army published a notice July 10, 2009 to inform interested contractors it was contemplating a contract for "theater-wide" armed security. The contract would provide for a variety of security services, to include the static security of compounds on which U.S. and “coalition” forces reside, and for the protection of mission essential convoys in and around forward operating bases located throughout Afghanistan.

If our Armed forces are not capable of defending themselves and their essential convoys, then let’s bring them all home!

Layered Capitalism: Part Two

In Part One we discussed the relationship of each of the following banks and their investment pools: (i) JP Morgan; (ii) Barclays Global Investors UK Holdings Ltd; (iii) State Street Corporation; (iv) FMR Corporation (Fidelity Management & Research Corp); (v) Vanguard Group, Inc.; (vi) Mellon Financial Corporation; (vii) Legg Mason Inc.; (viii)Morgan Stanley; (ix)Bank Of America Corporation; (x) Franklin Resources, Inc.; (xi) Goldman Sachs Group Inc.; (xii) Janus Capital Management, LLC; (xiii) Price (T. Rowe) Associates Inc.; (xiv) Bank of New York Mellon Corporation; (xv) Northern Trust Corporation; (xvi) AXA (Paris, France); (xvii) Wellington Management Company, LLP; (xviii) Capital Research Global Investors, in addition, the following two are also investment pools containing these banking interests; (xviii) Marsico Capital Management, LLC. and Davis Selected Advisers, LP.

In this part we will discuss how they hold their ownership, what percentage of ownership they maintain and why and how we can capitalize with them.

The Bank’s and their investment pools own between 1.25% and Generally no more than 4.5 % of all Major US companies with only a very few exceptions; for example State Street Corporation owns 16.37% of Morgan Stanley, which gives the top 10 Major investors in this case control of 43.29% of Morgan Stanley.

The reason, SEC requires certain disclosure forms to be filed upon a transfer of an interest from a Beneficial owner or an insider, everyone who owns 5 % or more of a public company must disclose their ownership interest and stock transfers on the following forms:
Form 3, Initial Statement of beneficial ownership of securities;
Form 4, Statement of changes in beneficial ownership of securities
Form 5, Annual Statement of Changes in beneficial ownership of securities

By holding under 5% of a company these disclosures are not required and the banks can continue to control any company through their pools which collectively control between 30 to 50% of a company stock. For example:

Goldman Sachs Group: The following are the major shareholders:
(1) Barclays Global Investors UK Holdings Ltd, Share Amount 17,175,818, Percent of ownership in Goldman Sachs 4.36% Value of shares $3,004,050,568:
(2) Marsico Capital Management, LLC, Share Amount 16,007,387, Percent of ownership in Goldman Sachs 4.06 % Value of shares $2,799,691,986:
(3) State Street Corporation, Share Amount 13,865,548 Percent of ownership in Goldman Sachs 3.52% Value of shares $2,425,084,345:
(4) FMR LLC (Fidelity), Share Amount 12,362,649 Percent of ownership in Goldman Sachs 3.14 % Value of shares $2,162,227,310:
(5) Vanguard Group, Inc. Share Amount 11,595,291Percent of ownership in Goldman Sachs 2.94 % Value of shares $2,028,016,395:
(6) Wellington Management Company, LLP. Share Amount 10,567,674 Percent of ownership in Goldman Sachs 2.68 % Value of shares $1,848,286,182:
(7) AXA (Paris, France). Share Amount 10,168,295 Percent of ownership in Goldman Sachs 2.58 % Value of shares $1,778,434,795:
(8) Janus Capital Management, LLC Share Amount 7,251,949 Percent of ownership in Goldman Sachs 1.84 % Value of shares $1,268,365,880
(9) Price (T.Rowe) Associates Inc., Share Amount 6,783,264 Percent of ownership in Goldman Sachs 1.72 % Value of shares $1,186,392,873
(10) Northern Trust Corporation Share Amount 6,294,008 Percent of ownership in Goldman Sachs 1.60 % Value of shares $1,100,821,999

Eight percent (8%) of the Shares are held by ALL insiders and 5% beneficial owners.
Of 984 Institutional Investors the above listed 10 control 28.44 % of the company.
Vanguard manages three funds that control 2.18%.
Fidelity manages two funds that control 1.33%.

Add these Bank controlled investment pools together and the TOP 10 Major Bank Holders control 31.95% of Goldman Sachs.

Let’s analyze J.P. Morgan Chase Co.
(1) Barclays Global Investors UK Holdings Ltd, Share Amount 157,667,999, Percent of ownership in JP Morgan 4.59 % Value of shares $5,409,589,045:
(2) AXA (Paris, France). Share Amount 140,498,887 Percent of ownership in JP Morgan 4.09 % Value of shares $4,820,516,812:
(3) State Street Corporation, Share Amount 131,086,954 Percent of ownership in JP Morgan 3.81 % Value of shares $4,497,593,391:
(4) Vanguard Group, Inc. Share Amount 107,840,912 Percent of ownership in JP Morgan 3.14 % Value of shares $3,700,021,690:
(5) FMR LLC (Fidelity), Share Amount 97,127,149 Percent of ownership in JP Morgan 2.83 % Value of shares $3,332,432,482:
(6) Davis Selected Advisers, LP. Share Amount 74,560,855 Percent of ownership in JP Morgan 2.17 % Value of shares $2,558,182,935:
(7) Morgan Stanley. Share Amount 55,908,016 Percent of ownership in JP Morgan 1.63 % Value of shares $1,918,204,028:
(8) Bank of New York Mellon Corporation. Share Amount 54,224,873 Percent of ownership in JP Morgan 1.58 % Value of shares $1,860,455,392:
(9) Capital Research Global Investors. Share Amount 51,293,900 Percent of ownership in JP Morgan 1.49 % Value of shares $1,759,893,709
(10) Northern Trust Corporation. Share Amount 42,740,560 Percent of ownership in JP Morgan 1.24 % Value of shares $1,466,428,613

Shares held by ALL insiders and beneficial owners of 5 % or more of the company equal one (1) Percent of the Company. The top 10 Investors from above out of the 1373 Institutional Investors control 26.57% of JP Morgan.
Vanguard manages four funds that control 2.97%.
Capital Group manages a fund that controls 1.49%.
Davis Advisers manages a fund that controls 0.96%.

In total, the TOP 10 Major shareholders control 31.99% of JP Morgan Chase Co.

Who Controls ABC and its news:
ABC is owned by Walt Disney Co. in part, but is controlled by the following investors:
(1) FMR Corporation (Fidelity Management & Research Corp). ownership interest 4.26%
(2) State Street Corporation. ownership interest 3.43%
(3) Barclays Global Investors UK Holdings Ltd. ownership interest 3.21%
(4) Wellington Management Company, LLP. ownership interest 3.21%
(5) Legg Mason Inc. ownership interest 2.77%
(6) Vanguard Group, Inc. ownership interest 2.63%
(7) Morgan Stanley. ownership interest 2.06%

Shares Held by All Insider and 5% beneficial Owners 20.00%
Total ownership held by of Barclays and their "associates" 11.47%
Total ownership and control by this Group 29.83%
Total control by all insiders including this group 49.83%
Remember it only takes 10% to control a company.

Who Controls CBS and its news:
There are two investment pools that have not been mentioned they are as follows: NAIRI, Inc., and NWQ Investment Management Company, LLC.
They are also Bank investment pools
(1) NAIRI, Inc. Controls 6.14% of CBS
(2) NWQ Investment Management Company, LLC. Controls 4.72% of CBS
(3) Wellington Management Company, LLP Controls 4.47% of CBS
(4) Barclays Global Investors UK Holdings Ltd. Controls 3.96% of CBS
(5) Franklin Resources, Inc. Controls 3.73% of CBS
(6) T. Rowe Price Associates Controls 3.34% of CBS
(7) Harris Associates L.P. Controls 3.30% of CBS
(8) Morgan Stanley controls 2.96% of CBS
(9) State Street Corporation controls 2.94% of CBS
(10) Vanguard Group, Inc. controls 2.69% of CBS
(11) Capital Research And Management Company Controls 2.43 % of CBS
Total Control by Barclays and their associates 21.65%
Total Control of CBS by Banking interests 58.37%

Who controls NBC and its news:
NBC is owned by General Electric Co. (a government contractor) and controlled by the following Banking Interests:
(1) Barclays Global Investors UK Holdings Ltd controls 3.77% of NBC Stock
(2) Capital Research And Management Company controls 3.01% of NBC stock
(3) FMR Corporation (Fidelity Management & Research Corp) controls 2.90% of NBC Stock
(4) State Street Corporation controls 2.85% of NBC
(5) Vanguard Group, Inc. controls 2.55% of NBC
(6) AXA (Paris, France) controls 1.79% of NBC
(7) Northern Trust Corporation controls 1.44% of NBC
(8) Mellon Financial Corporation controls 1.38% of NBC
(9) T. Rowe Price Associates controls 1.17% of NBC
(10) JP Morgan Chase & Company controls 1.09% of NBC

Total percentage controlled by Barclays and "associates” 11.70% of NBC Stock
Total Bank control of NBC 29.88%, remember only 10% is needed to control a company

FOX is owned by NEWS CORP. and is controlled by the following Banking Interests:
(1) AE Harris Trust controls 6.08% of FOX
(2) Legg Mason Inc. Controls 4.35 % of FOX
(3) FMR Corporation (Fidelity Management & Research Corp). Controls 3.02 % of FOX
(4) Morgan Stanley. Controls 1.26 % of FOX
(5) Harris Associates L.P. Controls 1.25 % of FOX
(6) Southeastern Asset Management, Inc. Controls 1.04% of FOX
(7) Mellon Financial Corporation Controls 0.85% of FOX
(8) JP Morgan Chase & Company Controls 0.70% of FOX
(9) Capital Research And Management Company Controls 0.65% of FOX
(10) UBS AG Controls 0.53% of FOX
(11) Citigroup Inc. Controls 0.52% of FOX

Total percentage FOX controlled by Barclays and "associates" 7.68%
Total Control of FOX by Banking Interests is 27.93%

CNN is owned by Time-Warner Inc. and controlled by the following Banking interests.
Percent of shares held by all insiders and beneficial ownership of 5% or more is only 4.00%
(1) Legg Mason Inc. controls 4.38% of CNN
(2) AXA (Paris, France) controls 3.72% of CNN
(3) Dodge & Cox, Inc. controls 3.62% of CNN
(4) Barclays Global Investors UK Holdings Ltd controls 3.29% of CNN
(5) State Street Corporation controls 3.08% of CNN
(6) Capital Research And Management Company controls 3.02% of CNN
(7) UBS AG controls 2.88% of CNN
(8) Vanguard Group, Inc. controls 2.63% of CNN
(9) Goldman Sachs Group Inc controls 2.22% of CNN
(10) Deutsche Bank Aktiengesellschaft controls 1.95% of CNN

Total percentage controlled by Barclays and "associates" 12.97%
Total Control of CNN by Banking Interests is 40.47%

Again the point being made, if we are going to go to war with a country, for example “IRAQ”, do you really believe the Media will question the motive or the purpose, when ABC, CBS, NBC, CNN, and FOX and each newspaper, magazine and radio station that provides us our “nightly news” are ALL controlled by the Banks and their investment pools. And when the war profiteers such as Halliburton, Brown and Root, Bechtel, and each company the Government contracts with to carry on the war effort are controlled by these same Banks and their investment pools?

Ok, now that we understand how the system is set up, do you honestly believe you can successfully invest in the stock market long term?

Well you can and you can reap large profits, if you find a start up and get lucky, but the safest bet is to acquire shares in these banks and their investment pools, in that way you own what the Banks own and profit as the Banks profit, from the dividends. No need to invest in individual Fortune 500 companies when you can invest in JP Morgan or State Street Corporation or any one of the companies we have disclosed in this article, and own a piece of everything.

There is an old saying, if you can’t beat them join them, in this case by investing with the Banks, you also can win!

Layered Capitalism and the Fall of Democracy

The Banks have taken control over all major American Corporations. With this they control not only the corporation, but our very existence as a free people. Our media, (Radio, Television, and Print) are controlled, our medical care can be denied, as they own the hospitals and insurance companies. Our jobs can be terminated by their will as they control every one of the fortune 500 companies. Credit can be denied as they are the providers. The Banks today touch and control every aspect of our lives.

The Facts:

The Federal Reserve System, established by Bankers, has allowed moneyed monopolies, which they control, to spring board control over all of our lives, whether our industries, the Media (Radio and Television), our hospitals, our manufacturing, our Newspapers, our Pharmaceutical companies, our oil companies, or any of the fortune 500 companies. The Banks and their investment vehicles control every single corporation that is a part of any facet of our existence. It is by virtue of this complete control over the financial resources of our industry and employment that they control without limit those very individuals who are elected to public office and through them the government of the United States.

These same corporations control everything and even control each other in layers, having set up their own investment vehicles in which each of these players own an interest. It doesn’t matter if one corporation such as Lehman Bros. fails they own Goldman Sachs also, in fact they own them all!

These insidious corporations controlled by possibly 10 families are: (i) JP Morgan; (ii) Barclays Global Investors UK Holdings Ltd; (iii) State Street Corporation; (iv) FMR Corporation (Fidelity Management & Research Corp); (v) Vanguard Group, Inc.; (vi) Mellon Financial Corporation; (vii) Legg Mason Inc.; (viii)Morgan Stanley; (ix)Bank Of America Corporation; (x) Franklin Resources, Inc.; (xi) Goldman Sachs Group Inc.; (xii) Janus Capital Management, LLC; (xiii) Price (T. Rowe) Associates Inc.; (xiv) Bank of New York Mellon Corporation; (xv) Northern Trust Corporation; (xvi) AXA (Paris, France); (xvii) Wellington Management Company, LLP; and (xviii) Capital Research Global Investors. Each company is related to the others.

The observer will notice an overlay of corporations that control not only the “target” Corporation, but the entity that invests in the target corporate. In the Examples below you will see that State Street Corporation, for example, invests in Price (T. Rowe) while Price (T. Rowe) invests in State Street Corporation, yet the investors in each are the same players, using these vehicles to layer and conceal their identity while they control another corporation such as Hewett Packard or Alcoa or American Express or A T & T or any of the other fortune 500 companies.

Another example is JP Morgan and Northern Trust Corporation, follow the money and you will see that these Banks and investment pools they control, own or control everything in the United States. Thus all of our income, wherever we spend it, goes to them. What ever we want, what ever we need we pay the Banks for the privilege of acquiring it. If we work for Wal-Mart, we are working for these banks and their investment pools e.g. Barclays Global Investors UK Holdings Ltd; State Street Corporation; Vanguard Group, Inc.; FMR LLC (Fidelity); Morgan Stanley; Dodge & Cox Inc..; AXA (Paris, France); Capital World Investors; Bank of New York Mellon Corporation; Wellington Management Company, LLP.

If you work for Verizon you are working for these same banks e.g. Barclays Global Investors UK Holdings Ltd.; Capital World Investors; State Street Corporation; Vanguard Group, Inc.; AXA (Paris, France); Capital Research Global Investors; FMR LLC (Fidelity); Morgan Stanley; and Northern Trust Corporation.

If you need a prescription drug or over the counter product you would buy a product manufactured by either: Pfizer, Johnson & Johnson, Novartis, AstraZeneca, Merck, Abbott Laboratories, Wyeth, Eli Lilly & Co., Bristol-Myers Squibb Co., or McKesson Corp. In either event these competing companies are all controlled by the same banking interest e.g. Barclays Global Investors UK Holdings Ltd; State Street Corporation; Vanguard Group, Inc.; FMR LLC (Fidelity); Morgan Stanley; JP Morgan, Wellington Management Company, LLP, AXA (Paris, France), Bank Of America Corporation, Goldman Sachs Group Inc., and Janus Capital Management, LLC.

The Banks even invest in each other for example the investors in JP Morgan are: Barclays Global Investors UK Holdings Ltd; AXA (Paris, France); State Street Corporation; Vanguard Group, Inc., FMR LLC (Fidelity) Morgan Stanley, Bank of New York Mellon Corporation, Capital Research Global Investors, and Northern Trust Corporation.

The investors in Goldman Sachs Group for example are: Barclays Global Investors UK Holdings Ltd.; State Street Corporation; FMR LLC (Fidelity); Vanguard Group, Inc.; Wellington Management Company, LLP.; AXA (Paris, France); Janus Capital Management, LLC; Price (T. Rowe) Associates Inc.; and Northern Trust Corporation.

If you get seriously ill and are hospitalized, you will be admitted to one of these hospitals, HCA Inc, Health Management Associates Inc., Tenet Healthcare Corp., Triad Hospitals Inc., or Community Health Systems, Inc., your insurance will benefit these investors; FMR Corporation (Fidelity Management & Research Corp); T. Rowe Price Associates; Barclays Global Investors UK Holdings Ltd.; Mellon Financial Corporation; Franklin Resources, Inc.; Vanguard Group, Inc.; JP Morgan Chase & Co.; and State Street Corporation.

The investors in Janus Capital Group Inc. who invests as a separate entity are: AXA (Paris, France); Vanguard Group, Inc.; Barclays Global Investors UK Holdings Ltd.; State Street Corporation; Price (T.Rowe) Associates Inc.; FMR LLC (Fidelity).

The investors in Legg Mason Inc., are AXA (Paris, France); Price (T. Rowe) Associates Inc.; Barclays Global Investors UK Holdings Ltd.; Vanguard Group, Inc.; Goldman Sachs Group Inc.; State Street Corporation; Franklin Resources, Inc. Legg Mason has subsidiaries such as Private Capital Management Inc. and Royce & Associates, these entities may invest separate from or in addition to Legg Mason.

Do you get the picture?

We’ve been suckered because of corruption that began before we were even born, bribery and deception and the total control over the money of America, the 1913 passage of the Federal Reserve Act. Because of this control over our money, the banks have become so powerful, that they are no longer capable of being restrained. The Government has and will continue to cower before them, as we have already observed, with the trillions of dollars in bailouts, all at our expense.

Did the banks need the bail out money?

Absolutely not! They could have sold shares in one or more of the companies they control! The value is in the Trillions. It’s now strictly a give and take, we are required to give, and they to take the remainder of our wealth, until we as a nation are bled to death, and then the form of this government will change more to their liking. If we allow this travesty to continue unabated, Democracy is finished, and so too is America.

Health Care, the War of Attrition

Real Health Care in the United States first attempted in1902 by Theodore Roosevelt remains today as aloof as ever.

The issue of Health Care, now in its 107th year of debate has become a war of attrition, a wearing down of the opposition until they finally “if ever” understand that Money is not the true god of man. Only then may we finally obtain, both for ourselves, our posterity and all of humanity, what is a natural and fundamental right of birth, an entitlement as human beings, to universal health care. Real universal health care that includes alternative therapies, frowned upon by the establishment elite.

The powerful corporate interests, motivated by the bottom line, control our government, they have pitted the Natural right of American citizens to a free, open, and affordable health system, against the monopolies of the health care industry, the Hospital, Insurance, Medical (AMA) and their allies, the Banking cartels.

Our interests are not related to Profits nor motivated by a bottom line. Our interests are the initiatives related to the right to access medical care free of the fear of bankruptcy, a natural right consistent with birth.

Most civilized nations today have some form of National Health Care, these include; but are not exclusively listed, Brazil, Canada, Columbia, Mexico, Peru, China, Hong Kong, India, Israel, Singapore, Taiwan, Thailand, Finland, Germany, The Netherlands, United Kingdom, England, Northern Ireland, Scotland, Wales, Australia, Cuba, Japan and New Zealand the list is endless.

Strikingly absent from this list is the United States, The United States is the only wealthy, industrialized nation that does not have a universal health care system.

The Primary reason for this failure: our elected officials are so easily bribed by any industry that will donate to their campaign finances. This legal form of Bribery is called lobbying. Bribery allowed by legislators who set their own standard, which by any definition, is very low.

As is often said, we in the United States have the best government money can buy! And I would add, often very cheaply.

The revolution of 1775 was fought over a long line of abuses consisting of, inter alia (i) Taxation without representation and (ii) The issue of Currency control.

These abuses, over which a revolution was fought and won, have once again returned. We have no representation, indeed in any office of government. Corruption, having again become inbred in our system, our representation at best an illusion, overrun by the dictates of the moneyed monopoly, the masters of congress.

The Banking interests who pay their servants control our destiny! And we are taxed for their benefit, both in our finance and in our blood.

How can a people who have struggled long years under oppression throw off their oppressors and again re-establish a free society?

The problems though immense, the solution is simple, it lies in the education and enlightenment of our people, and the re-emergence of a spirit that will once again serve as a cornerstone for independence and self-government, a foundation free of corporate control over our destiny. To this end is required a free and open media, unrestrained of government interference and control.