Economists Agree: the Benefits of Corporate Moderated Trade must be more broadly spread!

The Christian Science Monitor posted an article highlighting Federal Reserve Chairman Ben Bernanke’s testimony to Congress. Bernanke seems to be seeing things the way that the Anti-WTO protesters did in Seattle in November 1999. We have to spread the wealth around. Now that’s what I call a smart conservative!

Capitalism ruled by monopolies will cause global revolution unless the benefits of “free trade” are spread around. Corporations allowed to cherry pick the resources and labor of any country they desire is what they mean by “free trade.” The US military now has over 700 military bases in 135 countries. Those bases are not there to protect me in the safety of my home. They are there to protect corporate monopoly assets in their host countries. That is what they mean by “American interests.”

Here’s a link to the complete testimony:

This link was posted by a roomie! Yay roomies!

This entry was posted in Economics 101, Evil Capitalism101, Federal Reserve. Bookmark the permalink.

Comments are closed.