“FREE MONEY” WAR & the New Corporate Siege Mentality…”We simply no longer have Capitalism but rather something that can go by a number of names; Corporatocracy, Creditism … Fascism.”

Thursday, April 3, 2014
By Paul Martin

By Gordon T. Long
GoldSeek.com
Thursday, 3 April 2014

There is a war going on in America and around the world that is insidiously destroying jobs and enriching the few.

It receives little visibility outside the corporate board rooms, but the war is as deadly as the casualties and dead bodies on any battlefield. The casualty in this battle is the employed worker. The victors are those who understand the rules of engagement in the “Free Money War”!

The profits that are being extracted from this war are obscene. $2.5 billion in annual payouts alone reported last week to just one group of 9 individual private equity participants!

Profits are quite rightly the holy grail of the capitalist system, but only when the system is working properly. Unfortunately the capitalist system is no longer working properly.

As a direct consequence it is making both a job loss and a job creation problem worse than most fully grasp.

THE MODERN GLADIATORS

Profits are considered as ‘savings’ in a functioning capitalist system. Savings are traditionally reinvested to create productivity improvements and innovation which then delivers “more to the consumer for less”.

In the new ‘financialized’ system which has now corrupted the capitalist system, we witness ‘Savings’ being replaced with ‘Credit’ and ‘Investment’ by ‘Consumption’. This has been wrought by public and monetary malpractice which the modern ‘gladiators’ have taken full advantage of to rape and pillage just as the barbarians of yesteryear did.

The Rest…HERE

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