Re: Social Economic Treatise by C.A.Fitts
- From: whistler <whistler-ab@xxxxxxxxxxx>
- Date: Fri, 29 Feb 2008 10:36:10 -0800 (PST)
Gov't blesst' insider shell (CON) game, you're wellcome to play and at
times you will "be winning" but guess who OWNs the House. \w/
NEXT :
This case study provides a detailed example of the financial kickback
machinery that makes the process go. It works something like this. A
group of executives and investors start a company. Rather than build a
business the old fashioned way, company profits are pumped up with
government legislation, contracts, regulation, financing, subsidies
and/or enforcement. This dramatically increases the value of the
company's financial equity. The company and its initial investors then
sell their stock at a profit. Such profits replenish contributions
made to the kind of politicians who can arrange such government
benefits. Such profits also fund philanthropy to foundations and
universities that have large endowments that invest along side the
investors. These tax-exempt organizations provide graduates to staff
positions in the game, intellectual justification to attract popular
support and photo opportunities which bestow legitimacy and social
stature. Personnel cycle through the management and boards of
business, government and academia, as real productivity falls and
government deficits grow.
.
- References:
- Social Economic Treatise by C.A.Fitts
- From: whistler
- Social Economic Treatise by C.A.Fitts
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