Wednesday, February 1, 2012

The Bankers are looters in suits - Nomi Prins

Mafia Banking Cartel Blackmail Greece into Antiquities Debt Pay Off Deal : Author, journalist, and former Goldman-Sachs director Nomi Prins talks about the MF Global scandal and the decision by the strapped Greek government to rent out the country's antiquities in order to pay off a debt owed to international bankers. The role of banks should be limited to a service for people to facilitate exchange of real goods, knowledge and useful services. The money should be printed only when its backed by real wealth, creative and productive people and natural resources. Farmers, carpenters, cooks, engineers, software programers, miners etc..., those are the people who are the real producers. Considering that the banking scheme is just a fraud, what stops us to all come together and say: no, we don't owe you anything? The real wealth are the natural resources and the skills and hard work of ordinary people to transform them into useful things. The control over natural resources should be in the hands of responsible stewards and the means of production owned by the people doing the real work. The finance sector is a parasite producing nothing but instruments of control for the riches.

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