tag:blogger.com,1999:blog-2732335530726828393.post4566582583668890172..comments2024-03-05T06:32:42.206-05:00Comments on A Different Point of View....: Out-of-control banks challenge governments for power & economic mightNick Fillmorehttp://www.blogger.com/profile/01164453733837765836noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2732335530726828393.post-25508440218308161412013-12-15T08:55:14.307-05:002013-12-15T08:55:14.307-05:00all the Canadian banks just recorded billions of d...all the Canadian banks just recorded billions of dollars in profit this year. IN MY LAST STATEMENT I ALSO RECIEVED NOTICE THAT THEY ARE RAISING RATES FOR EVERYDAY TRANSACTIONS. WHY, ARE NOT GOUGING US ENOUGH ALREADY?????Anonymoushttps://www.blogger.com/profile/16032383536304121053noreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-39360671973563946392013-12-11T21:59:08.680-05:002013-12-11T21:59:08.680-05:00Great series of articles Nick. To add credence to ...Great series of articles Nick. To add credence to the conclusions reached by Swiss researchers and economist David Korten's, here are some quotes from speeches I made in the 70's and 80's: "The overriding issue that should be raised to the highest levels of public and political debate but never is, is who controls the flow of the huge concentrations of money and to what ends. How we approach that issue determines whether we improve the quality of life for all living things, or whether we face social and economic chaos, and possibly nuclear holocaust ... I would like to see greater public awareness that our real economic problems aren't caused by the victims (destitute poor and working people), but by the investment decisions made by leaders of the major banks and insurance companies -- a power network that controls far more money than the federal government...Among the world's most powerful and influential institutions, are the big banks and insurance companies. Above all, they are collection agencies of money, and since money is power, they are collection agencies of power. The more money over which they can centralize control, the greater is their power to use against poor and working people when their interests conflict. Every time a union or struggling community group places its funds into the hands of the big money managers to control, more likely than not they are helping to promote their own demise...When a small group of power brokers controls enormous sums of money, they can finance expensive political campaigns, buy politicians, pay for high-priced lobbyists and buy legislation. They have used their economic power to take political power. With political power they are able to control the armies and police forces, and thereby physically prevent people from mounting a real threat to the status quo... Unions and their allies must aggressively take their fight onto the doorsteps and into the boardrooms of the giant financial institutions like Bank of America, Citibank, Chase Manhattan, Prudential and Metropolitan Life which are at the center of the corporate web of power...If society's underdogs are ever to control their own destinies and decide the kind of world we will live in, they must gain greater influence and control over the big financial institutions and their investment policies, and must, on a large scale, begin to pool their resources and set up their own financial institutions” <br /><br />-- Ray Rogers, Director, Corporate Campaign, Inc.; New York City, info@CorporateCampaign.orgRay Rogershttp://corporatecampaign.orgnoreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-63944551481967369222013-12-11T21:58:07.579-05:002013-12-11T21:58:07.579-05:00Great series of articles Nick. To add credence to ...Great series of articles Nick. To add credence to the conclusions reached by Swiss researchers and economist David Korten's, here are some quotes from speeches I made in the 70's and 80's: "The overriding issue that should be raised to the highest levels of public and political debate but never is, is who controls the flow of the huge concentrations of money and to what ends. How we approach that issue determines whether we improve the quality of life for all living things, or whether we face social and economic chaos, and possibly nuclear holocaust ... I would like to see greater public awareness that our real economic problems aren't caused by the victims (destitute poor and working people), but by the investment decisions made by leaders of the major banks and insurance companies -- a power network that controls far more money than the federal government...Among the world's most powerful and influential institutions, are the big banks and insurance companies. Above all, they are collection agencies of money, and since money is power, they are collection agencies of power. The more money over which they can centralize control, the greater is their power to use against poor and working people when their interests conflict. Every time a union or struggling community group places its funds into the hands of the big money managers to control, more likely than not they are helping to promote their own demise...When a small group of power brokers controls enormous sums of money, they can finance expensive political campaigns, buy politicians, pay for high-priced lobbyists and buy legislation. They have used their economic power to take political power. With political power they are able to control the armies and police forces, and thereby physically prevent people from mounting a real threat to the status quo... Unions and their allies must aggressively take their fight onto the doorsteps and into the boardrooms of the giant financial institutions like Bank of America, Citibank, Chase Manhattan, Prudential and Metropolitan Life which are at the center of the corporate web of power...If society's underdogs are ever to control their own destinies and decide the kind of world we will live in, they must gain greater influence and control over the big financial institutions and their investment policies, and must, on a large scale, begin to pool their resources and set up their own financial institutions” -- Ray Rogers, Director, Corporate Campaign, Inc.; New York City, info@CorporateCampaign.orgAnonymousnoreply@blogger.com