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  • The billionaire bailout society

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    Russia Today
    November 5, 2009

    The new financial instruments invented about 30 years ago helped the America’s wealthiest to suck up the extra wealth created by deregulated finance system, explains Les Leopold, author of “The Looting of America”.


    “From WWII to the mid-1970s, virtually every year productivity went up in America and the average wage of the average worker went up. The two lines [on a graph] went together, then they split apart. The average American production workers – about a 100 million people – their average wage now has gone down 18% since the mid-1970s, but the people at the top do fantastically well,” revealed Leopold.

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    He continued: “In 1970 the ratio of the top 100 CEO versus the average worker was 45 to 1… By 2006 it was 1,723 to 1.

    “What is really missing is that steady average rise of the real wage, where the fruits of productivity are shared broadly – that has stopped. We have entered that brave new world, a sort of Milton Friedman capitalism – the great experiment of deregulation – killed that natural progression that we had done since WWII.

    “The president runs the US, but the President is unwilling to toss overboard the fundamental philosophy that the bankers live under.

    “Billionaires will get richer and we will have more of them – and we will have a hollowed-out middle class. And when the system gets in trouble, we’ll take money from the population and give it to the finance community to help them out.”

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    62 Responses to “The billionaire bailout society”

    1. Ben Says:

      Killionaires

      Reply

      totenkopf Reply:

      shit just got real, real mooshy in my pants

      Reply

      A$shole Reply:

      well go wipe dumbass!

      Reply

      semperfortis Reply:

      Think of a game that mirrors our capitalism, but in a faster time frame. MONOPOLY!! In the beginning everyone has the same, as time goes on that changes by luck, saving, investing, etc.. When it reaches a certain point, someone has evrything and the rest our bankrupt—-GAME OVER—-. Who would play that game if instead of starting over, you always, throughout life pick up where your “Dad” left off, generation after generation after generation.. I know I would not play that game. The only way to play that way would be if the “winner” gave everyone a little money to continue playing..but never would you have a fair chance.. hhmmm…

      Reply

      eye win Reply:

      in monopoly, there is an alloted amount of money to be won. once someone wins it all, right, game over, but when there is “fixed amount” of money there is a rush to win it all, out of the belief that if they have ‘more’, then, it is better. thats whats considered “winning” in our society. THE MORE TOYS YOU HAVE , then you win… WRONG!! But what have you truly won? the envy and contempt of your fellow man, when you flaunt the fact that ” You “GOT MORE . Look, once you have enough, you dont need MORE< sick peoples greed will always drive them to want more, and thats the fallacy on this planet, This idea that #one). you need "more " to survive. and two.) theres not enough to go around. BOTH ARE FALLACIES, There are enough resources on gods green earth for ALL to go around. theres enough to go around , really there is. GREED IS BAD, and if you are a greedy person you are morrally off, your spiritual compass is gone too far south… everyperson on this earth has the right of having enough.. Finding administrators to fairly and equitably see that this is accomplished, is not so easy.

      Reply

    2. Rockefarter Says:

      i just bailed out a fart! lol

      Reply

    3. john doe Says:

      they are so bad even the devil is scared they may need. a bail out in hell or try to take over
      down there ….a joke ok

      Reply

    4. Damien Says:

      LOL. Wow, only 2 comments for this article. No one on this site gives a shit about the transfer of wealth. But if this was a article about SKULL AND BONES and BOHEMIAN GROVE you’d see thousands of comments. Ridiculous.

      Reply

      Bobbipin Reply:

      Bohemian Grove and the banksters are the same peeps. Every self-respecting blogger on this site knows that.

      Sheesh!

      Do we need that acknowledgement on each news thread?

      Reply

      The Anti-Beast Chip Man Reply:

      Most people like you guys don’t understand how money works so you have little significant to say!! Yet, these devils are saying that they are tired of paying the Bank Presidents too much money for what they do. The International Bankers/Illuminati/Bilderbergers own these banks and they are angry at having to pay their Presidential underlings all of this money!! Now they are instructing Obama to stop it because they are giving away too much of their wealth. So now these bank Presidents will be working for much less; while these globalist devils are making much more wealth and keeping it all to their greedy selves!!

      But don’t worry!! After they have martyred those of us who are Christians; after they have murdered those of you who are not Christians, but plain hellbound heathen; then the Great God of Heaven will plague them tremendously; for 42 months of hell on the Earth!!

      While we that know Jesus will be in heaven watching the tremendous carnage and great tribulation!! And then we will be returning with Jesus and His mighty angelic armies wiping them out in hours and bringing all of them to His Almighty Fathers Great White Throne. And then they and their daddy lucifer will be thrown into the hottest and most fiery parts of the lake of fire and brimstone; forever and ever and ever shall they cry and scream and lament!!

      Reply

      olddog Reply:

      get a clue christany is abig part of problem it teaches hate and death

      Reply

      Rockefarter Reply:

      Look at the symbols in chrisianity…your being conned into worshiping a solar diety…There have been many solar cults. also, themark of the beast in the forehead and the hand means lucifer’s (Satan’s) influence on the “mind” (forehead) and influence on the “works” (hand). The mark of the beast has been present in humanity for eons.

      Reply

      eye win Reply:

      this site is merely a pawn in the game

      Reply

      Merrie Reply:

      So are you. MCB

      Reply

    5. 322skull Says:

      Rothschild says prep them…???

      Reply

    6. Joe Says:

      Watch Fall Of The Republic in full version and educate yourself online at: http://www.joemarquis.com/videos.htm

      I took the time to build an area within my own business website where you can educate yourself by watching in Highest Quality full versions of Alex Jone’s and other’s DVD’s. A great place to start if your new or old and want to learn about the New World Order.

      Reply

    7. Peopleforthepeople Says:

      Let us all be one. STOP fucking putting people into the illusion of class. Im so tired and feal so old. The human race needs to work together. To stop this fake life we have made for ourselves we have to stop paying them. We work and pay for what makes us miserable. We need to stop working for them and start working for us, keeping every cent we make. Stop working for them, start using hemp to build because it leave 0 carbon footprint, stop the chemtrails, stop fighting wars for them, realize the intervention theory, let the Earth absorb the useless giant buildings we’ve made, and start living with the earth instead of against it.

      Reply

      eye win Reply:

      whatever you can do for yourself is a good strategy, but as use use our collective will , we can succeed.

      Reply

    8. wtf Says:

      http://bighollywood.breitbart......-to-obama/

      Reply

    9. 9th1 Says:

      Damn Them All, Damn Them All To Hell !

      One thing is sure, they will ALL Live to see the day
      that they Weep & Howl over their Rich’s…

      8)

      Reply

    10. Breathing Easy Says:

      The once great middle class that has supported the rich and the poor alike for 50 years will soon be the “working class poor” of this nation. Same as any other 3rd world country.

      TODAY’S economy is the NEW economy of the US, 9 -12% unemployed continuely, 1 in 8 receiving food assitance. The rich will continue to get much, much richer, the poor will remain poor, and the “working class poor” will become even poorer.

      Reply

      eye win Reply:

      americans are resourceful, they dont know the exact outcome although they THINK they know they do. People are much wiser and stronger than they realize . especially now, as the veil is lifted/.\////

      Reply

    11. fartinyouface Says:

      These are doers,so what are you going to do-O ya just talk with nothing behind it but hot air.So just go sit in the corner an not to worry better mines are taking care of the important issues.Like my grand daddy said “Set out a feeder an the animals will come around,take it down an they leave.”

      Reply

      lizard control Reply:

      vote with your wallet.

      Reply

    12. StarinaNovak Says:

      Sharp your pitchforks.

      Reply

    13. BobLeeSwagger Says:

      And this criminal theft of the labor and fruits of the middle class, the ones who actually built the America the banker douche bags are now stealing, is exactly what will lead to the coming tumult. Eventually the slobbering, snot-nosed yuppies are going to figure out what happened and then there will be runs on everything. Couple that with the ones who got woke up too late or failed to prepare even a little bit for the coming chaos, and you’re gonna have the perfect storm. Look out folks- its gonna get rough. Just remember who’s necks need to be in the rope when its all said and done.

      ___________________________
      ___________________________
      ___________________________
      ___________________________
      _______________************
      _______________************
      _______________************

      Reply

      lizard control Reply:

      nooses for the off shore buddies.

      Reply

    14. Unconquered Says:

      “Too connected to fail” He nailed it.

      Reply

      lizard control Reply:

      too connected to fail.good one.

      Reply

    15. Jonny Says:

      Slavery never ended it just was tweeked to where we all are slaves white or black with the illusion that we are free. We just work for them to make money.

      Reply

      Tawd The Meatcutter Reply:

      Jonny, you are 100% correct. Only possible way to exist without being a “slave” would be through subsistence farming. Even the rich and famous end up mostly being slaves to their own greed. I’m a plumber and am in 5-8 homes a day, from the very rich all the way down. Only those with a separatist (read: outlaw, renegade, rebel, non-conformist) attitude, whether Christian or not are exempt from being the slave, only because their mind is freed. Their bodies still have to get up every day and perform whatever function may be required in order to survive, but their minds have understanding. Have only met 2 people that fit that description all this YEAR. (Of course, a few may have been “closet rebels”)
      Talk to anyone that will listen about the current globalist agenda. Don’t just cram “NWO” or “Globalist” down the throats of the un-initiated, simply study facts and become well-versed in what you’re talking about, use a current event/issue or two and ask questions concerning that issue, so where when you’re done asking the questions it leads the person to have no other conclusion available but the correct one. Most will still resist and ridicule, but…..
      there’s always hope.

      Reply

      buy local Reply:

      yep, and you are right, its all about survival , unfortunately, that giant sucking sound r.p. talked about, is the only sound you hear on the quietly deafening streets of home these days.. “suckle you little ones, come to the breast of your country.”

      Reply

    16. David Duchess Says:

      Give it up, gays, show’s over.

      http://www.youtube.com/watch?v=4IrE6FMpai8

      Reply

    17. 322skull Says:

      Rothschild says it’s in the blood…??? http://www.youtube.com/watch?v=IBoW3_Opztg

      Reply

    18. Steve Nelson Says:

      I was just wondering how I could get on the Billionaire Bailout Societies mailing list? Question: Do I need a REAL Birth Certificate? or Do I need to belong to a 501c3 Government Church? or Do I need to put on a Nazi German Helmut and join the US Army? or Do I Need to get stuck with a Mercury filled Vaccine? or Do I need to join the Skull & Bones or some such society? or Do I need to be a member or the Republicrat Party? (That’s One Party 2 Names)? or Do I need to sign up to be a Gaurd at a FEMA Camp? or Maybe even get hired on with Black Water? Or Maybe any or all of the above?
      One things for certain, anybody that checks out: Hot Scifi by Steve Nelson will find lots of sites featuring my new book Tomorrow’s World #1 and if you buy a copy you’ll get to know the NWO agenda and all the Good, the Bad & the Ugly of the outcome of the Scientific Dictatorship that’s right now taking hold of Planet Earth.
      Believe me I don’t want to click ALL OF THE ABOVE and neither should you. Just get my book and you’ll be hotter than anything Al Gore can cook up. Hey, he aint a Billionaire is he?
      Steve Nelson at Triple W DOT tomorrows world SCIFI 1 DOT com

      Reply

    19. alfred Says:

      well it indicates America needs a new tea party sense it is now the banks that impose taxes no longer Britain. well Americans have being fool in all sense of the word. there never was an American revolution heard this Alex there never was an American revolution. however you can create one Alex hope so.
      the American brainwash slaves that you talk to lesson and read are the new army.
      it is all in your hand and good luck with this half mind army call the American people of the 21 century. send them all to Afghanistan so they can get kill and we don’t have think about them any longer. the end of the American people as you know it.

      Reply

    20. David Duchess Says:

      Give it up gays

      Reply

    21. Jarhead Says:

      Always ask yourself:

      “What would Jesus DO in this situation?”

      Pick up your Bible and read: JOHN 2:15 JOHN 2:15 JOHN 2:15

      God Bless America.

      Reply

    22. fluhealer Says:

      There is now a confirmed outbreak in the Ukraine. Romania is placing all of its hospitals under official quarantine. Turkey is reporting increased cases of H1N1 flu. In the Ukraine alone, they are already running out of face masks. Remember the Anthrax scare when they ran out of gas masks? Don’t wait until its late. Get daily Swine Flu Pandemic updates without the usual bullshit at http://fluhealer.blogspot.com

      Reply

    23. CP Says:

      They will be rich and we will be poor unless we do something about it.

      http://blogging4bullion.blogspot.com

      Reply

    24. The Truth Says:

      Over many years we have all been lied to by our Governments, but not just our Governments but many religous leaders. Many things we have been taught are not even in Scripture and millions have swallowed so many lies by these false prophets. If you are a truth seeker please visit the following web site and take the time to read some of the articles, you will be shocked.

      http://www.2besaved.com

      Blessings
      Ben

      Reply

    25. Jacob Wilms Says:

      Capitalism isn’t the problem. The problem is government interference in capitalism.

      Reply

      Sir Baby De Porky Reply:

      There is a particular type of hellish punishment for con artists !!!

      Reply

    26. Old Spirit Says:

      http://www.hulu.com/watch/1067.....nov-4-2009

      Go to that link and watch al gore on the daily show promoting his new system. Write a negative review!

      Reply

    27. Madman Says:

      Remember, remember the 5th of November…
      What the world needs now, is Guy Fawkes.

      Reply

      haha Reply:

      omg you are monumentally gay

      Reply

    28. David [UK] Says:

      Les Leopold was a wonderfully clear and articulate speaker in that interview.

      Great piece — thanks for making it available here.

      I’m finding that the quality of Alex and co’s output is really increasing recently.

      Reply

      David [UK] Reply:

      PS: I also just wanted to comment that the bankster/financial/economic content on Fall of the Republic was both clear and stirring.

      There does appear to be a real rise in blogging and reporting in this area — both “non-mainstream” and “mainstream” reporting. People are catching on to it in my opinion.

      Reply

    29. Andrew Jackson Says:

      …and nothing will change until we kill them

      Reply

    30. 7d Says:

      We have a narrow window in which to act. If we act soon, we can avert the brewing collapse. If we wait, America will fall. The average citizen is not worth the time and energy investment. The real people we need to wake up are the police and military. If we can get a handful of national guard units to mobilize and take over a radio station and start broadcasting the truth, we stand a chance.

      The government and news media have been hijacked. We must take them back.

      Reply

    31. Dave D Says:

      Obama is a PUPPET he is not running this country, the bankers is running the show…

      I can’t believe he states that Obama runs the US, this is not true, by the way the Federal Reserve

      runs this country…. He doesn’t even metion it…

      Reply

    32. Dave D Says:

      “The president runs the US, but the President is unwilling to toss overboard the fundamental philosophy that the bankers live under.

      THIS IS NOT TRUE……

      The president is just a puppet… the bankers are running the country

      The root cause is the federal reserve act… eliminate it and fix the root cause not the symptoms..

      Reply

    33. Dave D Says:

      The derivatives casino is just one of the corruption manifestation of the cartel of bankers and not the root cause of the problem… it is a symptom…. End the federal reserve act and you’ll see how things will improve… THE GOVERNMENT MUST PRINT THE MONEY!! not the private federal reserve… regulation of the derivatives casino is just to fix only the symptoms…

      Reply

    34. Dave D Says:

      http://www.webofdebt.com/artic.....street.php

      Reply

    35. Abaddon Says:

      Greed is the human condition. The only solution is self anhilalation.

      Hi Christians, Muslims, Jews, Orthodox watever – you are slaves to the created means for control of the masses that is organised religion. Grow up. Ignorant hypocrites.

      Nihilsm.

      The only ANSWER.

      Reply

      tymer Reply:

      Abraham Lincoln, JFK..
      both tried to decentralize the central bank.
      Therefore, powerful alian bankers had to eliminate them.
      even thogh, JFK was a freemason. they assassinated him.

      Reply

    36. van Says:

      It’s time to call in ROBIN HOOD

      Reply

    37. ItsMike Says:

      Since when does the President run the U.S. ???

      Reply

    38. GMAN Says:

      http://www.youtube.com/watch?v....._embedded#

      A little truth from Carlin.

      Reply

    39. Chad Says:

      Well think of it like this,if the rich think that they will be immune to the ravages of crime just because they live in a tall house think again!!!! It will only be a matter of time before desperate people start robbing the thieves that has robbed us for years.If it comes down to my family starving well I can assure you the outcome wont be what they expected it to be.Their little security will be shattered by violence that they brought on themselves

      Reply

      haha Reply:

      yep keep thinking that when you are doing twenty years for armed robbery and nursing a size 14½ asshole

      Reply

    40. No Tax For Me Please Says:

      The new billionaire tax is coming to a state near you.

      Reply

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