
To set the stage, here is a quote from a top Reagan era economist.
“Paul Craig Roberts: “As readers know, I don’t think that either candidate is a good choice or that either offers a choice. Washington is controlled by powerful interest groups, not by elections. What the two parties fight over is not alternative political visions and different legislative agendas, but which party gets to be the whore for Wall Street, the military-security complex, Israel Lobby, agribusiness, and energy, mining, and timber interests.”
Now imagine a populist revolt that eliminates absentee owners and declares local to global debt jubilees, much as the IMF is (rather radically) considering in The Chicago Plan Revisted (August 2012), while the local, state, and federal government also agree on the Automated Payment Transaction Tax or the Tobin Tax (two different ideas that can be implemented separately or together).
No Conspiracy Theory — A Small Group of Companies Have Enormous Power Over the World
In October of 2011, New Scientist reported that a scientific study on the global financial system was undertaken by three complex systems theorists at the Swiss Federal Institute of Technology in Zurich, Switzerland. The conclusion of the study revealed what many theorists and observers have noted for years, decades, and indeed, even centuries: “An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.” As one of the researchers stated, “Reality is so complex, we must move away from dogma, whether it’s conspiracy theories or free-market… Our analysis is reality-based.” Using a database which listed 37 million companies and investors worldwide, the researchers studied all 43,060 trans-national corporations (TNCs), including the share ownerships linking them.[1~footnotes at the end of the article]
Read full AlterNet article and notes.
Continue reading “Penguin: Election Theater, 50 Companies “Own” All”





