Global Financial Collapse Is Coming 2013

Corporatism has transformed our capitalist system into this fascist nightmare. CORPORATIONS trough lobbying efforts effectively write US laws. Guess whom those laws are going to benefit? When PRIVATE entity controls money supply of a nation as great as US there is no wonder those banks that own Fed are untouchable everywhere in the World. Hence bailouts for them and bills for the rest of us. His last point is really where his analysis is disintegrating. He wants it both ways. In Soviet Union and other communist countries production was controlled by state or public and was directed even on net loss(negative profit), in US most of drug making companies are PRIVATE, and work for PROFIT which is the case for most other companies and industries too. And that is main thing that differentiates sovietized economy from a capitalist one. In conclusion he does not distinguish between small business and corporations. I agree that small business is overburdened by laws and rules but those rules in capitalism are imposed trough lobbying efforts on government by big CORPORATIONS doing everything to preserve their monopoly. So small business and state in age of globalization are both effectively victims of CORPORATIVISM.
I’m not sure how accurate the following quote it, but it does speak to our times.
“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country… corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”
—U.S. President Abraham Lincoln, Nov. 21, 1864 (letter to Col. William F. Elkins)