Why am I so broke! An outstanding Video!

FOR IMMEDIATE RELEASE
District of Columbia, District of Columbia, United States of America (Free-Press-Release.com) December 1, 2011 -- Over the last 30 years there has been an undeniable acceleration to the shift of wealth to the wealthiest. Now, 400 people (not 400,000, just 400) have more wealth than 150,000,000 other Americans. This is an unsustainable pattern that will ultimately hurt the top if not lead to blood in the streets. Watch this video featuring Milton Friedman, Ayn Rand, Cornel West, Alan Greenspan, Phil Donahue, Tavis Smiley, Gar Alperovitz, Bill Maher, Alan Grayson, Ronald Reagan, and 99 percent.

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Why am I so broke! An outstanding Video!

Cannibal Capitalism is the short-sighted destruction and neglect of the long-term engines of economic growth. Cannibal Capitalism is the problem, but all capitalism is in the crosshairs of the Occupy movement. We’ve all see the damage, but this video takes a look at the causes. The Occupy Wall Street has a passion that everyone can relate to or at least 99% of everyone. But, so long as it can be well categorized as fringe, communist, or anti-capitalist, there will be no way to keep it going. The passion has to be informed by history and current economic reality.

http://www.youtube.com/watch?v=4tTTXQf_hbQ

About the Book "Cannibal Capitalism"

People, regular people, many of whom have never shown a previous interest in economics are now eager to understand this economy. The country is now facing the biggest economic collapse since the Great Depression. It affects everyone, not merely investors, bankers, economists, and the rest of the business class. People who have lived their lives by the rules and who are usually unaffected by recessions have been hurt and they want to know why. Many are hot mad that the government must intervene in behalf of those they perceive as crooks who swindled the nation, and yet they are afraid that their home will continue to erode in value, their retirement fund will be further emaciated, and their job may be lost. Angry, afraid, and confused, regular people are looking for answers. Some have even taken to the streets in protest. The book takes a thoughtful look at how income and wealth disparity, industry consolidation, anticompetitive business practices, political ideological extremism, and the hoarding of existing wealth are destroying the wealth building capacity of the nation, the promise of ideal capitalism. This is a MUST READ as the Occupy Wall Street and Tea Party movements continue to take shape.

Michael Hill had a net worth of more than $40 million, before the 2007–9 economic collapse left his home-building business bankrupt. As he picked up the pieces, he became determined to drill through the politically biased noise and understand the “flaw” former Federal Reserve chairman Alan Greenspan described in our model of the economic world. Hill explains his findings on the causes and conditions that brought on the worst economic crisis since the Great Depression from the often-overlooked perspective of a nonpolitical, small business owner.

Using the economic crisis of 2007-9 as a case in point of the structural failures of capitalism in practice (not theory), the book examines of the state, direction, and hope of the US economy in the wake of the Great Recession, rabid political partisanship, globalization, and the changing demands of the 21st century from the perspective of a small business entrepreneur. By taking a ground-level view of the mortgage bubble, housing collapse, and the malaise that has followed, the book draws attention to unaddressed flaws of classical economic theory in systems that have become far more complex than the 16th-20th century theorists could have conceived. It presents careful analysis of how strict adherence to ideological dogma has catalyzed a catabolism of the economy. We take a ground level look at how regular people have been affected by the policies implemented by the unseen masters of the universe at the Federal Reserve, on Wall Street, and in the halls of our government. Finally, without any ideological predisposition I will present best case solutions. It presents ways in which we can strengthen the middle class by using our fiat currency in line with its intended purpose, compete globally but bring the money home, and break our dependence on OPEC without destroying the planet or chasing alternative energy pipe dreams. To chart a new course in the global economy we will have to break free from the ideological war between liberals and conservatives. The answer will be found neither in laissez faire nor in protectionism.

Carl Schramm, an American economist and former professor, President and CEO of the Ewing Marion Kauffman Foundation, the nation’s leading organization devoted to entrepreneurship and education, wrote, ”Michael Hill’s research illustrates the importance of a bipartisan approach to rebuild our nation’s economy by stimulating job growth through the creation of new high-growth firms and by promoting entrepreneurship-friendly policies. Anyone concerned with the serious issues and possible solutions facing our economy should read this book.”

Learn More: http://cannibalcapitalism.com/?page_id=2

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