Tuesday, February 22, 2011

The Great American Mortgage Ponzi scheme.

For the last 30 years, the economic growth has gone to the top one-hundredth of one percent, who now make an average of 27 million per household, the average income for the bottom 90% of us? $31,244.

The 80/20 rule, I conclude, resolves that the path of least resistance transfers the most amount of resources into the management of relatively few.

What I am about to write, they will not like.

Until now, the possibility of more people being able to have more resources seemed impossible. Yet, there is the possibility the world's resources at large could be transferred to more of the 90% of us.

My observations brought me down a road....

...where it was citizens throughout the nation and perhaps even the globe, which are being unknowingly exploited by plutocrats at the expense of humankind's freedom and domestic currency inflation.

Exploitations that I find go beyond the normal course of business. Taking candy from a baby is unacceptable.

The Ponzi Scheme

Building an entire industry around this matter in the form of multilevel marketing schemes where existing groups require the financial support of the larger group after them, ultimately a Ponzi scheme,
  • weakens our markets,
  • builds unrealistic ideals, and
  • ultimately ruins entire civilizations.

Unless we as a society want to find ourselves slaves, we cannot allow the bloodshed of our forefathers to be slowly formed into a monarchy.
Capitalize from transactional activity

The Great American Mortgage Ponzi Scheme

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