End the Fed and TBTF Banks
…capitalism lost much of its role in America when the global ruling elite got their privately owned Federal Reserve in 1913 and imposed the Great Depression beginning in October, 1929. Since then, mercantilism has ruled economic affairs in the U. S. and the world. But now, with uprooting of the elitist cabal on Trump’s agenda (per “The Plan” exposed by #Q-Anon), capitalism’s window of opportunity for return may be opening.
The case is made in The Fruits of Graft – Great Depressions Then and Now that, whenever fault is found in U. S. economic affairs, capitalism is blamed. Or, if politics are involved, capitalism is blamed in conjunction with republican representative government. In either case, the true culprit has been the king-making power system called mercantilism imposed by the elitist cabal which has ruled the world for centuries.
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The Fed provides Wall Street banks limitless financing. The big banks finance – or underwrite securities to raise capital for – national and international firms created to dominate each and every niche of business enterprise. How are main street, family-owned businesses to survive, much less compete from a position of strength?
Main street businesses have little or no chance to compete head-to-head locally, much less on an interstate playing field. Such businesses – the hallmark of capitalism – are penned into a progressively smaller arena of competition. Eventually, many are driven entirely out of business, such as has been experienced during the decade of 2007-2016. Smaller banks serving local businesses and residents have succumbed to the Too Big To Fail Wall Street banks, which Congress and the Fed allowed to spread to every part of the country.
Phi Beta Iota: Wayne Jett’s book is not only proof positive of the financial root of the Deep State’s power — concentrated wealth based on lies — but also proof positive that it was a Democrat, Franklin Delano Roosevelt (FDR) who protected their power and covered up the FACT that the Great Depression was contrived to destroy the middle class seeking more political power; to buy up America as depression-level prices; and to consolidate power over Congress and statehouses. A summary review of his extraordinary work is available free online.