Thursday, January 14, 2010

Great Quote

I stumbled on this quote tonight and thought it was an accurate reflection of what's going in our system:
We haven’t had true capitalism since 1913. We live in a corporate fascist state dominated by the military industrial complex, the financial banking complex and now the healthcare industry complex. It is fascinating that the health industry has spent $396 million in 2009 on lobbying and the financial industry $334 million while Congressmen debate the future of both industries. These industries surprisingly have received a windfall in the legislation that has been put forth by Congress. The system is so corrupt and rotting from within that elections will never result in necessary reform. Corporations are spending $3 billion per year to bribe (lobby) your elected officials. Whose interest do you think Congress is looking out for? (source:  link)
As you may or may not know, 1913 was year that the Federal Reserve Act was voted into law.  I recall that about 7 years ago, a colleague of mine and I were discussing how the financial/economic/political collapse of this country was going to unfold.  I remember my colleague remarked back then that "we would eventually see things happen in this country that will blow our minds."  I can truly say that, although we anticipated a lot of the carnage that has transpired, the outright brazen fraud and corruption both on Wall Street and in the White House/Congress is truly mind-blowing.

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