Tuesday, August 03, 2010

Bank Feudalism

The radio interview videos below, explain the rip-off and destruction of America. America has been "Re-structured". Those in government don't run the US, the bankers and corporate heads do.

Has 197 Trillion Dollars disappeared? Is this the greatest theft in history?

Wall Street Fraud part 1

Text with video:
richpartners | April 23, 2010

www.premieres.com http://goldring.wetpaint.com
George Knapp was joined by filmmaker and veteran journalist Danny Schechter, who discussed the fraud perpetrated on the nation by Wall Street and the factors which played a role in the current
financial crisis. While the media has portrayed the meltdown as the result of a series of blunders by the banking industry, Schechter said that it was really a calculated effort to take advantage
of a flawed system. Calling it "the greatest theft in history," he observed that "you have a situation where a small group of people enriched themselves in ways that were never thought possible."

Schechter explained that the economic crisis is really the result of the financial, insurance, and real estate industries "working in cahoots with each other and becoming kind of a cabal." This
nefarious coalition was made possible, he said, by financial deregulations which were fueled by lobbyists and campaign contributions working at the behest of these industries. To that end,
Schechter said, there is misplaced blame in the minds of many Americans, who see the government at fault for the financial crisis. However, he claimed that the power of the government has
essentially been usurped by these financial institutions which he dubbed the "debt and finance complex," akin to the infamous military-industrial complex.

Beyond the financial sector, he noted a number of elements which also contributed to the maelstrom that has unfolded in the last few years. He was particularly critical of the media, which he
said were profiting from the housing boom and, as such, weren't scrutinizing Wall Street practices. Additionally, Schechter pointed out that the FBI warned of mortgage crimes being perpetrated,
but that they did not have the manpower to police these infractions, since they were busy fighting terrorism. He also stressed that the sheer complexity of economics allowed for the financiers to
take advantage of average citizens. "We have a financially illiterate nation," Schechter lamented, "you can't blame the people for that. They've been kept deliberately in the dark."
gold ring coast to am wall street fraud george knapp danny schechter united states financial crisis economy collapse banking theft insurance real estate government power debt bankrupt media brainwashing elite

Wall Street Fraud part 2

Wall Street Fraud part 3

Wall Street Fraud part 4

Wall Street Fraud part 5

Wall Street Fraud part 6

Wall Street Fraud part 7

Wall Street Fraud part 8

Wall Street Fraud part 9

Wall Street Fraud part 10

Wall Street Fraud part 11

Wall Street Fraud part 12

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From Wikipedia, the free encyclopedia

Feudalism is a political and military system between a feudal aristocracy (a lord), and his vassals. In its most classic sense, feudalism refers to the Medieval European political system composed of a set of reciprocal legal and military obligations among the warrior nobility, revolving around the three key concepts of lords, vassals, and fiefs. Although derived from the Latin word feodum (fief), then in use, the term feudalism and the system it describes were not conceived of as a formal political system by the people living in the Medieval Period.

There is no broadly accepted modern definition of feudalism. The term, which was coined in the early modern period (17th century), was originally used in a political context, but other definitions of feudalism exist. Since at least the 1960s,[1] many medieval historians have included a broader social aspect, adding the peasantry bonds of manorialism, sometimes referred to as a "feudal society". Still others since the 1970s have re-examined the evidence and concluded that feudalism is an unworkable term and should be removed entirely from scholarly and educational discussion, or at least used only with severe qualification and warning.

Outside a European context, the concept of feudalism is normally used only by analogy (called semi-feudal), most often in discussions of Japan under the shoguns, and sometimes medieval and Gondarine Ethiopia. However, some have taken the feudalism analogy further, seeing it in places as diverse as ancient Egypt, the Parthian empire, the Indian subcontinent, and the antebellum American South.[2]

The term feudalism has also been applied—often inappropriately or pejoratively—to non-Western societies where institutions and attitudes similar to those of medieval Europe are perceived to prevail.[3] Ultimately, the many ways the term feudalism has been used has deprived it of specific meaning, leading many historians and political theorists to reject it as a useful concept for understanding society.[4]

[more from source]




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