The Davos meeting is not looking for world crisis solutions but plotting more controls, ‘banksterism’ and power elite benefits, says economic journalist Lew Rockwell http://rt.com/op-edge/224419-davos-switzerland-meeting-rich/
It's like how it works in prison. You throw a bunch of crooked people together and let them mingle, they will come out more corrupt and with new ideas on how to screw over others.
A real economic journalist would not use (invent?) the word "banksterism". This is just some angry leftist ranting, punctuated with admissions he has no idea about economics.
I don't claim to lean one way or another, or be pro or against anything, but I'm sure Lew Rockwell would be more than mildly disappointed if someone called him a leftist...
If I was the bossman I would have a capital wealth tax on the rich of 10% per year. Would pay to fill in the potholes on the roads and stir the pot up a bit with venture capital for NEW ideas.
i found this Rockwell rant to be simultaneously entertaining and disturbing. Rockwell appears to be poorly informed. He raises both misinformation and disinformation to lofty heights. He doesn't realize that the reason we have central banks is because of the problems he accuses central banks of causing. He seems unaware that there are two kinds of "banksters" , the ones that regulate or run banks, and the plutocrats that run governments. He has given the former kind way too much credit for the ills he rails against. The first step to solving any problem is to properly understand it. He fails badly on that account. By the way, the term "Bankster" goes way back, exactly how far, who can say? Gore Vidal used it in his little book on the American Empire, in which he referred to bankers and politicians alike as "banksters". But I am certain he was not the first to do so.