The Several States are Sovereign.
__________
We are, I suppose, about 99 steps to 100 of a totalitarian state.
Mostly made up of 401Ks and IRAs, as I recall.
In other words, the USA is mostly owned by middle class Americans investing for their retirement.
All those who believe we “own” anything, worship an illusion
Those who grasp the firmest onto “Money, Wealth, Power” will find in time that they spent their existence upon an illusion
The 99% are masses, cattle being distracted by the manipulating Masters
The people “cared for” by The Masters are treated like livestock
As long as we moo the right way, accept our brands
Don’t disturb the Masters, and go quietly to the slaughter
Everything is just Peachy, from their standpoint
Modern slaves are not in chains, they are in debt.
Anonymous
Proverbs 22:7 (NIV), “The rich rule over the poor, and the borrower is slave to the lender.”
Whoever gives his labor for money sells himself and puts himself in the rank of slaves
Cicero
Meditate upon the Words of Our Lord
What did Jesus mean when He said it is easier for a camel to go through the eye of a needle than for a rich man to get into heaven?
These institutions appear to hold ownership but do not in fact do so, most accounts of individuals be they taxable ones or tax sheltered versions are with these institutions and the stocks held in “street name” by them for ease of transfer and collection of dividends etc. Stock ownership even among the younger generation fostered by such tools as Robinhood, Fundrise, and Acorns continues to be an important part of US culture.
Comments BUMP!
Socialists, like all other monopolists, desire to make the law their own weapon. And when once the law is on the side of socialism, how can it be used against socialism? - “The Law” - Bastiat (1801-1850)
BOURGEOIS SOCIALISTS -Even the commies hated them.- Communist Manifesto p.49
A part of the bourgeoisie is desirous of redressing social grievances, in order to secure the continued existence of bourgeois society.
To this section belong economists, philanthropists, humanitarians, improvers of the condition of the working class, organisers of charity, members of societies for the prevention of cruelty to animals, temperance fanatics, hole-and-corner reformers of every imaginable kind. This form of Socialism has, moreover, been worked out into complete systems.
We may site Proudhon’s Philosophie de la Misere as an example of this form.
The Socialistic bourgeois want all the advantages of modern social conditions without the struggles and dangers necessarily resulting therefrom. They desire the existing state of society minus its revolutionary and disintegrating elements.
Communist Manifesto pg 49.
And the rest of the...
Rules for changing a limited republican government into an unlimited hereditary one.
6. But the grand nostrum will be a public debt...
7. It must not be forgotten that the members of the legislative body are to have a deep stake in the game...
10. “Divide and govern” is a maxim consecrated by the experience of ages...
11. As soon as sufficient progress in the intended change shall have been made, and the public mind duly prepared according to the rules already laid down, it will be proper to venture on another and a bolder step toward a removal of the constitutional landmarks...
http://home.hiwaay.net/~becraft/FRENEAUbanking.html
And we need to remain vigilant to keep it away from the usurpers.
In short...CRIMINALS...very clever, very deceptive...with nearly unlimited resources.
So the answer to the question is, We, the stockholders. So if you aren’t comfortable with fund managers investing people’s money in such funds for a 10% return, then go ahead and sell. Put the money under your mattress.
“Institutional investors like BlackRock, Vanguard, State Street, Fidelity, and JP Morgan, now own 80% of all stock in S&P 500 listed companies.”
The titles listed in that sentence are not oligarchs. They are themselves owned by hundreds of thousands of investors, and the majority of those investors are institutional - like pension funds and insurance companies.
I’m very close to the State Street crowd. It isn’t them, personally, that controls much. It is their families.
The Central Banks and IMF control everything because they control the world’s money.
The funny thing is that some of these investment groups hold huge positions from 401(k) and pension accounts.
So, in the end the guy next to you on the assembly line—or the woman changing the sheets in the hospital, own America.
God does.
Last year NASDAQ’s webite said the total US stock market value was $34 trillion. That’s only about $100,000 per person.
It all gets down to the basics. The people that control the creation and movement of food, shelter, and water are the keepers of the world. The US is a piece of it, and people may think they are in absolute control of it, but no one ever is. About the time someone is determined king of the world, they die. And the pattern continues.
The only entity that can be determined they are in ownership of anything is the last one on earth. And then it dies. Everything is itself, not someone else’s. Nature has allowed part time ownership. People, in their arrogance, just think they do. Anything can be taken. The best thoughts on this were some of the American Indian tribes who were true stewarts of the land.
rwood
Yeah, as individual investors, we are dumber than hell to own good index funds like the ones named in this article.
Index funds have enabled my wife, and I to share in America’s growth for over 3 decades.
During the Trump economy, the index funds in our IRAs have more than paid for the mandatory monthly/yearly deductions.
Who pays you to post all the negative Schiff you post?
No one owns the United States.