Filed under: Money

147 companies that own 40% of the world - mostly banks

Now it is scientifically proven that a very small group of companies control most of the worlds assets. A study published for example in New Scientist reveal the following:


"When the team further untangled the web of ownership, it found much of it tracked back to a "super-entity" of 147 even more tightly knit companies - all of their ownership was held by other members of the super-entity - that controlled 40 per cent of the total wealth in the network. "In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network," says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group."

But who owns those 147 companies? 

Bank Bailouts Explained

This will piss you off totally. We pay, loose our properties and bankers party and burn the money. That's the new world order. They just dont / cannot say this out loud, can they? No of course not as this would lead to a revolution. Maybe it is already happening as everyone knows this anyway.  

 

Hope is not lost: more Social Businesses

While Wall Street is now playing with our food (as it did with our houses earlier and transferred even more wealth to already wealthy people) all hope is not lost thanks for new emerging social businesses that invest their profits into sustainable projects rather than pocket them. I spoke earlier about Belu Water which invests its profits into clean water projects (oh clean water is so important for our health) and Belu is now turning up in even more restaurants in the UK which is great. Now I have found yet another main stream social business here in the UK. This on is called One. Their main product are Eggs which are called One Good Egg. They are sold in mainstream supermarkets.
 
If you care about our future whenever you shop, shop as many social business products as they genuinely help to transform the planet to a more sustainable place, a happier place to live. This is opposite to what some individuals in Wall Street are trying to achieve. 

Great article by Michael Moore about the financial crisis

Michael Moore:

"Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have as much loot, stock and property as the assets of 155 million Americans combined. If you can't bring yourself to call that a financial coup d'état, then you are simply not being honest about what you know in your heart to be true."

Read more from here or watch below. 

Another successful Social Business: Belu Water in the UK

The best about this case is that they (Belu) donate their profits to clear water projects around the world thus being a true Social Business. Great to see proper real life social businesses going well. They also mostly use glass packaging or recycled plastic in their bottles too. And they are carbon neutral which is even better. Now rest of the World please follow this example and we have a happy world. If you are in the UK and buy bottled water buy Belu since it helps the planet rather than destroys it as many businesses unfortunately do.

You can read more about Social Business from this book written by Muhammed Yunnus (Nobel price winner), perhaps this is the Capitalism 2.0, profits go to improve the environment and reducing poverty rather than for private luxury yachts which are unnecessary anyway. I like it. 

Socially responsible investing

The Future of Capitalism should be socially responsible investing, not greedy egoistic money just for me type of thinking many private bankers operate like (just read the book "The Liars Poker" for a good true story). Good book to read about this subject is Muhammad Yunus’ (Nobel Price winner 2006) ground breaking sequel "Creating a World Without Poverty: Social Business and the Future of Capitalism" where he outlines the concept of social business where the creative vision of the entrepreneur is applied to today’s most serious problems: feeding the poor, housing the homeless, healing the sick, and protecting the planet. Creating a World Without Poverty reveals the next phase in a hopeful economic and social revolution that is already underway.

Get on with your Socially Responsible investing like this Fair Trade company is doing. More tips here

 

Ron Paul about the Fiat Empire

Experts of Congressman Ron Paul from the documentary "FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution." Dr. Paul discusses the origins, operations and results of the Federal Reserve System and fiat currency on the U.S. and global economy. Well worth of watching. 

Basically not many people know that the US Federal Reserve is not owned by the US state. It is a privately owned institution to create money and it essentially controls the global monetary system through it's functions. 

The following quotation from President Woodrow Wilson is also very interesting on this subject:

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. No longer a government by free opinion, no longer a government by conviction and vote of majority, but a government by the opinion and duress of a small group of dominant men.”

Ron Paul has earlier also said that "...I also want to abolish the Federal Reserve... The value of our dollar and the level of our interest rates are not supposed to be manipulated by a few members of the power elite meeting secretly in a marble palace..."

One ex-US president and one congressman talking about the same subject, Mr. Wilson around 1913 and Ron Paul more recently. 

Note also that the JF Kennedy signed on June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110. This was to basically to strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. More details here

JF Kennedy was killed only few months later. We know now that for sure there was a 2nd shooter and the full details about his death are not clear. The official story is simply not correct. Only very recently more information about his death has surfaced:

From The Independent (5th December):
"Don Adams, 87, a former FBI agent who investigated plots to kill Kennedy both before and after his assassination, said last week he'd been told for decades to keep quiet about work he did on the assassination and inconsistencies that point to someone other than Oswald as the assassin."

Also in Howard Hunt's death-bed confession (also more details here) he claims that CIA killed Kennedy himself being part of the operation. Why, if you are dying, would you lie? Death is pretty final and most death bed confessions are proven to be valid and true. 

Big money, the monetary elite is ruling the planet and we need a global monetary reform to change the planet to become a more sustainable, more green, more friendly place. Most people do not want wars, wars just waste money and make countries to be even more in dept to the private bankers. We need to stop lying about how the monetary system is run, how the planet is secretly governed by a financial elite and take the control back. We need to make this planet a friendly place with no poverty and wars.

It can be done. We can for example follow the example of Muhammad Yunus. His vision is to creating a world without poverty and he has written several books about the subject and he is running several Social Business' and Micro Loan companies to help to poor. Read for example his book "Creating a World without Poverty".