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Video: War by Other Means by John Pilger


John Pilger and David Munro examine the policy of First World banks agreeing loans with Third World countries, who are then unable to meet the cripling interest charges. Won Geneva International TV Award at the North-South Media Encounters event, Geneva, 1993;Gold Medal in the 'Best Documentary Production category' of the International Television Movie Festival, Mount Freedom, New Jersey 1993; Gold Award in the 'Political/International Issues category' at WorldFest-Houston (Houston International Film & Video Festival), 1993; Silver Hugo Award in the 'Documentary - Social/Political category' of the 29th Chicago International Film Festival, 1993.

 

 
 
 
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Video: The Age of Walmart


This documentary takes you inside the world's most powerful retailer. It can be argued that no company exemplifies the wholesale off shoring of our economy than Walmart. This retail empire has forced a great many U.S. companies to go out of the country for cheap labor because they simply could not survive against a retailer like Walmart unless they did so. Walmart is a shining example of how the mindless corporate drive to expand and swallow up everything in its path regardless of any other consideration other than increased profits and increased growth is destroying everything we hold dear. Human beings need far more than higher stock prices, increased corporate profits and cheap Chinese goods.

 

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Video: Walmart - The High Cost of Low Prices


This documentary reveals exactly what the low prices of Walmart is costing not only America, but the entire world?   To save a few bucks in the short term, we have allowed our economy and industry to be sold out to the lowest bidder, destroying practically our entire manufacturing base.

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Video: Argentina's 2001 Economic Collapse

The International Bankes Are Doing The Exact Same Thing To Us Right NOW!


If you think what is going on is by some accidental chain of uncontrollable events, you're sadly mistaken.  Everything that is happening is being deliberately orchestrated by the international bankers.  If you want to see exactly what they have in store fur us, just watch what they did to Argentina.

This film documents the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina's assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition.

 

 
 
 
 
Related Story
Amazing Personal Account by Estegan Morales, a
manwho lived through Argentina's economic collapse.  Learn exactly how life changes after the bankers crash your economy and wipe out the middle class virtually overnight!  Read the amazing 4 part account here.
 
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Video: Moyers - The Faces of America's Hungry


Here in the richest country on earth, 50 million of us — one in six Americans — go hungry. More than a third of them are children. Debates on how to address hunger – in both Congress and the media — are filled with tired clichés about freeloaders undeserving of government help, living large at the expense of honest, hardworking taxpayers. But the documentary A Place at the Table paints a truer picture of America’s poor.

 
 
 
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FREE Video Library: Economic Warfare


  • TPP: The Dirtiest Trade Deal You've Never Heard Of
    The Trans-Pacific Partnership (TPP) could cost us our internet freedom, labor rights, access to affordable medicine, the safety of our food, and protections that keep our water and air clean.
  • Paradise Stolen - The Myth of Efficiency
    Answering some of the arguments against the idea that small sustainable communities are impractical.
  • Moyers and Company - The Face of America's Hungry
    Here in the richest country on earth, 50 million of us — one in six Americans — go hungry. More than a third of them are children. Debates on how to address hunger – in both Congress and the media — are filled with tired clichés about freeloaders undeserving of government help, living large at the expense of honest, hardworking taxpayers. But the documentary A Place at the Table paints a truer picture of America’s poor.
  • International Bankers Collapse Argentina's Economy in 2001
    This documentary reveals exactly what the international bankers did to Argentina in 2001, exactly what they are doing to us right now!  If you want to see what we are in for WATCH THIS FILM!
  • Walmart - The High Cost of Low Prices
    This documentary reveals exactly what the low prices of Walmart is
    costingnotonlyAmerica, but the entire world?   To save a few bucks in the short term, we have allowed our economy and industry to be sold out to the lowest bidder, destroying practically our entire manufacturing base.
  • The Age of Walmart
    This documentary goes inside Walmart, the world's most powerful company. It can be argued that no company
    exemplifiesthewholesaleoff shoring of our economy than Walmart.  This retail empire has forced a great many U.S. companies to go out of the country for cheap labor because they simply could not survive against a retailer like Walmart unless they did so. 
  • Confessions of an Economic Hit Man
    If you really want to know how
    theglobalelitecontrol the world, this interview will really open your eyes.  John Perkins was a major player in the system that the global elite have set up to strap the entire planet in massive debt which can never be repaid, by corrupting a relatively small handful of key people in countries around the world.
  • War By Other Means
    John Pilger and David Munro examine the policy of First
    Worldbanksagreeing loans with Third World countries, who are then unable to meet the cripling interest charges.
 
 
 
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George Soros' $18 Billion Tax Dodge Exposed


The wealthy have tucked billions into private nonprofits... where the IRS can’t touch it.

 

by Tyler Durden
Zerohedge.com

Congress is still scrambling to find ways to pay for its tax cut, so perhaps it should pay closer attention to last month’s news that George Soros had transferred $18 billion of his fortune to a private charity that he controls. There it will be sheltered from the Internal Revenue Service forever. This may be the single biggest tax dodge in U.S. history, yet no one on the right or left seems to have raised an eyebrow.

True tax reform is predicated on the principle that all income should be taxed at a low rate once, and only once. But much of the wealth that Mr. Soros spent years moving into his Open Society Foundations will never be taxed. A gift of billions of dollars of appreciated stock escapes any capital gains tax, and the estate tax as well. So Mr. Soros can donate appreciated stock that Open Society Foundations can liquidate without the government ever taking a cut.

There’s more. When a person donates untaxed, appreciated assets to a private foundation, he may also deduct up to 20% of its market value on his personal return, carrying forward this deduction for five years. This double write-off may be the sweetest deal in the tax code.

The donors also can retain control of the money within the private foundation for years or even decades before it is disbursed. Since the foundation can employ family members at six-figure salaries for life to “administer” it, the umbilical cord to the donor never has to be cut.

Congress should stop ignoring this tax-avoidance scheme. The super rich have already poured hundreds of billions into private foundations, but the figure could soon be in the trillions. Mark Zuckerberg has pledged to give away 99% of his Facebook shares, currently estimated to be worth somewhere around $70 billion, and much of it will go to a foundation his family controls. Bill Gates and Warren Buffett have each put roughly $30 billion tax-free into the Bill and Melinda Gates Foundation. This has left the foundation so flush that it spent $500 million on a 12-acre, 900,000-square-foot office complex in Seattle for its 1,500 employees. This is philanthropy?

I don’t question these billionaires’ right to do with their money as they wish. I’m simply arguing that Congress shouldn’t let the rich and politically powerful use private foundations to escape taxation. This loophole is one reason for an anomaly in our otherwise progressive tax code: The top 1% of earners pay an effective tax rate of 23%, but the top 0.001% pay only 18%.

Mr. Buffett has sanctimoniously denounced the fact that he pays a lower effective tax rate than his secretary. His suggestion is that Congress raise taxes on capital gains. But even if the tax rates were lifted, say, to 50%, Mr. Buffett still wouldn’t have to pay it on the tens of billions of dollars he puts into private foundations, and he would still be able to deduct a fifth of that contribution on future tax returns.

This tax favoritism might be defensible to promote genuine philanthropic activities.

Many billionaires, such as the Gateses and David Koch, have heroically donated to fight cancer and malaria or provide relief to hurricane and earthquake victims.

But others, including Mr. Soros and Michael Bloomberg, have turned private foundations into massive de facto lobbying operations for bigger government and liberal causes like higher minimum wages, gun control, universal health care, and a carbon tax. Mr. Soros’s $18 billion gift alone is the equivalent of maybe 100 Heritage Foundations. This kind of weaponized philanthropy has the potential to undermine the American free enterprise system.

Yes, billions go to groups on the right, too, from Mr. Koch and others. But regardless of ideology, why shouldn’t tax be collected before the money is given away? What message does it send that the Republican tax-reform bills retain this trillion-dollar loophole for the super rich, at the same time as the House plan eliminates the adoption credit for middle-class families who want to help children?

One simple solution would be for Congress to apply the capital-gains tax to assets of more than $1 million before they are transferred to a charity. This could even finance cutting the capital-gains rate to 15% for everyone.

Alternatively (or perhaps in addition) Congress could cap deductions for any given household to $250,000 a year. Under this kind of plan, Mr. Soros would be able to write off only a tiny fraction of his multi-billion dollar gift.

This isn’t an argument against charity. But selfless and effective giving is not motivated by tax breaks. Two-thirds of Americans don’t itemize their deductions, yet millions give until it hurts. In the 1980s, individual donations to charities surged, even as the top tax rate—and thus the maximum value of the write-off—fell from 70% to 28%.

The question is whether a tax code that encourages dynastic family foundations is good for America. If Congress stopped letting billionaires pour money tax free into the foundation-industrial complex, it would go a long way toward lowering rates and making the tax code fairer for everyone. This would help the economy grow faster, which is the best way to help those in need.

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