The low minimum wage feeds the higher interest rate and fees
of credit card companies and our banking industry! If the rigged the LIBOR in the mortgage
crisis this is rigged too! Without that
low minimum wage the banking profits would not be as large as they are! Hence it is a bifurcated economy. The reason being that citizens would not have
to borrow because they would have more disposable income hence less interest on
credit card loans to the banking industry!
It really amounts to failure of the banking industry to make loans that benefit
the American Economy! Can it be said
that that failure is intentional? If
those they do not like do not receive a loan on fair terms then the interest
rate on credit cards remains high, the national debt remains high and the
fingers are pointed at the person who is out of work. And then when that fails they point to the
mentally ill as the problem. And here is
the kicker the dissociation even leads them to blame material objects for the
nations problems!
That is not how the banking industry is supposed to function in the United States!
We need to dislocate that current banking function to remove
it from causing further harm to the freedom of the entire world!
Two charlatans roll into town and claim to make multimillions from the banking industry when in reality they could never teach a United States Citizen how to duplicate that; which means it is crime money!
Thomas Paul Murphy
Originally published on 06 18 2014 at: www.themilwaukeeandwisconsinnews.blogspot.com
Copyright 2o14 Thomas Paul Murphy
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