Economics: Credit Cards, Scammed You Once, Now Again How You Can Improve Your Credit Score Here ph
Credit card companies are paying $6 billion to retailers; none of this will be paid to the consumers. As stated at the end of 2012, retailers were meant to pass savings to consumers via legislative bills. Many did not, instead keeping the funds for themselves, corruption being seen more and more in the banking and financial sectors. They are the results of far too many years of support and internalizing corrupt practices. These tightly integrated industrial networks have not been checking and balancing themselves. Now Romney, a presidential candidate, is being accused of similar practices, all commonly used standards for such individuals. In none of this are consumers represented, only the interest already brought about by corruption; what it once built, is now what keeps it alive. The consumers were to gain from the cuts in the credit card system, retailers and credit card companies did not allow such. Instead their first concerns were for themselves, faced with representing other’s interest or saving their own reputations they allowed corruption. The ego among them was so strong, arrogance ordained the self-serving concept of “too big to fail.” Any reputation gained as such has to be questioned now. The mere fact of so many financial organizations, all proclaimed to be the leaders of this global industry, indicating such a nature are connected to only more.
Retailers such as Wal-Marts and Sears have been moving for years into closer connections with the credit and financial industries. The closer they become the easier corruption is allowed to pass from one to the other. The consumers are being deceived by these interactions, with refusals by those in authority to allow public disclosures. Madoff was but the first, and without his “imaginary” funds to support the system we are seeing it collapse on them all. The others in the industry were not looking, as they too were “cooking the books,” the only reasoning corruption was over-looked. Such individuals were never to be questioned their reputations and political connections placing them above such competitive forces. Morals and ethics are not only taught but understood at an early age. So what was taught in these industries goes against all reasoning and ethics, yet proclaimed by the highest certifications given. It was encouraged, gained support over time and within the most secure financial systems available. Thus financial support was given to build this corrupt infrastructure on a global scale, little to none given to support those opposing. The morals of this are even now coming into question as part of the current political campaigns. The Obama supporters have recently been stating Romney is hiding funds in off-shore accounts. These common means keep an estimated $4 Trillion off-shore, as the MNCs do not want to pay taxes on them. They want to return them to U.S. soil, gaining protections, but still
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refuse to state where the investments are or how it was made. They object under the guise of “double-taxation,” as if foreign governments and the U.S. IRS were one in the same. Yet if Romney was to get in the presidential office, it could be expected these funds would be allowed tax-free. So what is his plan to lower the U.S. deficit without taxing his friends? The consumers are the mass public; majority is needed to rule over governmental operations. But instead a few “clowns” have gained the financial operations based on the deceitful operations they have used for years. Their reputations never questioned, as they connected closely with governmental regulators and political forces. Nor are they now presenting evidence to counter any charges, instead using political favors to withhold and draw-off investigations. The Republican Party has been asked again and again to reveal where and how funds are being accumulated. So much corruption is being seen, yet with so little information given, we know this year financial pressures are being applied. But it is still not in the interest of the public, these pressures are in the interest of those attempting to force the public to serve only them. Contact: Michael Pulse MPulse@truth-things.biz Author of: The Truth of Things CEO of Stone Rose LLC Profile on Elance: http://mpulse-stone-rose.elance.com
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Do's and Dont's of the Credit Card Game Here pf Futhermore: Economics: Credit Cards, Scammed You Once, Now Again
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