Casino capitalism

The real problem is that we’re still in the aftermath of when the bubble burst in 2008, that all of the growth in the economy has only been in the financial sector, in the monopolies—only for the 1 percent. And it’s as if there are two economies, and the 99 percent has not grown. Monday, former U.S. treasury secretary and president emeritus of Harvard University, Larry Summers, tweeted this dire prediction: "As in August 1997, 1998, 2007 and 2008 we could be in the [early] stage of a very serious situation." Both parties are basically run by Wall Street. The Democratic Party, ever since Bill Clinton, was run by Robert Rubin. And all of the secretaries of the treasury, the officials, have basically come from Goldman Sachs, especially Tim Geithner. So, the American banks basically—we’re talking about Wall Street investment firms. They don’t—they’re called investment bankers, but they don’t invest. They gamble. And we’re really much more in casino capitalism than finance capitalism.

But the capitalistic financiers of world, they're all like a whole bunch of pimps! Or Panders: Those who solicit business for a whore, and share in her wages and profits. They've got a whole lot invested in this panders, and they don't want to lose it. So they try to save her so they can save their investments, and they're trying to get the rest of the world to her, so they can save her and continue to make a little money on her. Rev.18:23 "For thy merchants were the great men of the earth; for by thy sorceries were all nations deceived."

Ted Rudow III, MA