Here is a good one. Every now and then someone looks behind the curtain and is able to get a glimpse of reality beyond the smoke and mirrors illusions created by all the Harvard business graduates. If they are able to pull off this hoax at Generous Motors just imagine what is really going on at Wall Street, the 12 Federal Reserve Banks, and the US Treasury.
Further, if I had not heard it myself in Obama’s address yesterday, I would not be able to level harsh criticism of Obama’s genuineness. We all heard it; when banks get one dollar on deposit, they are able to place eight more into circulation via fractional reserve lending. This is a debt based economy; it doesn’t have to be this way; and Obama is promoting it. If you and I have one dollar, we are able to lend only one dollar. It is not so with banks. Add this corrupt usury practice to the thrift paradox written about below and what do you get? You get a bunch of pencil pushers who are squeezing the life out of workers all over the world. We produce; they live in the lap of luxury.
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