The blog of a North Country Swede!

Wednesday, November 18, 2009

A new iteration of the company store

When high rates of interest--usury--became legal the working class became entangled in a new iteration of the company store, a continuation of slavery and feudalism whereby an elite siphons off the wealth labor creates.

The financial services sector is the new company store and because the workers of this country are among the most, if not THE most--productive of the world, there is a huge amount of wealth to rip off.

It simply shows how brainwashed we have become, to accept the greed of our current elite -- as vile as any communist cadre -- as the will of God, or the working of The Invisible Hand.

It's absurd. And when future historians look back on this post-Reagan era, they will shake their heads over our collective gullibility.

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