Download Cannibal Capitalism: How Big Business and The Feds Are by Michael C. Hill PDF

By Michael C. Hill

An independent examine how the industrial practices of organisations, leaders, and govt are seriously destructive the yankee means of life

Most folks have lived our lives via the rules—going to varsity, making an investment in genuine property, and construction careers—but the so-called nice Recession has replaced every thing. Cannibal Capitalism: How gigantic company and the Feds Are Ruining the US solutions the questions about everyone's lips; what occurred and the place can we move from here?

Unlike in such a lot different fresh cases of economic turbulence, whilst this trouble hit, the rustic became on itself economically, with the powerhouses—corporations, enterprise leaders, and government—throwing the everyman lower than the bus. so that it will keep away from turning into a little bit much less wealthy, the super-rich successfully cannibalized the real engines of progress within the financial system, within the approach placing the ground ninety-nine percentage of the inhabitants at critical chance of wasting every little thing. Cannibal Capitalism fights again, arguing that to actually get well we have to teach our kids, put money into our small companies, use our inflated cash to boost actual issues that construct actual wealth, and come back to exporting in a major way.

Takes a considerate examine how source of revenue and wealth disparity, consolidation, anticompetitive company practices, political ideological extremism, and the hoarding of present wealth are destroying the wealth development means of the kingdom and the promise of excellent capitalism

* Examines the monetary trouble and its fallout in a transparent, no-nonsense way
* Explains what we will do to mend a damaged procedure and are available out on top

The financial hindrance rocking the principles of the overseas economy has had a disproportionately devastating have an effect on at the usual individual. indignant, afraid, and burdened, standard everyone is searching for solutions and Cannibal Capitalism is the following to assist, illustrating how the super-rich did every little thing of their energy to stick secure on the price of every body else.

Author Information
Michael C. Hill all started writing for the Washington publish in 1988, yet has due to the fact develop into an self sufficient businessman. He has created a number of winning companies, the oldest being a technical education and consulting company, and the most important an award-winning home-building company. Having received dozens of awards for educating, he now works as a enterprise capitalist and developer of latest small companies, together with a eco-friendly know-how corporation, a enterprise prone and accounting company, a unified communications know-how corporation, and an independent information web site. He frequently conducts enterprise improvement and undertaking administration periods and seminars for private and non-private quarter audiences all over the world. He is also an occasional contributor to the Washington submit and different mass media outlets.

"...Hill's research of cannibal capitalism's risks is definitely definitely worth the realization of readers, specifically Occupiers who've but to hone a cohesive message." (USA this day, January 2012)

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Additional info for Cannibal Capitalism: How Big Business and The Feds Are Ruining America

Sample text

Some 2004 examples of blue chip stocks reinforce Livermore’s own words. ) There are no good stocks—only 20 TRADE LIKE JESSE LIVERMORE stocks that make you money. Some people considered these stocks as unassailable . . safe as money in the bank. These blue chip stocks include: • • • • • • • General Electric Coke Lucent General Motors Microsoft Sun Microsystems Intel Perhaps these blue chip gilt edged stocks will come back in the future, but there is no doubt they will need many years to recover.

1 This is the first in the series of industry group charts, all showing the general direction of the group. This is the Internet Group. 2 This is the second in the series of industry group charts, all showing the general direction of the group. This is the Broker/Dealers Group. rection of three current groups: The Internet Group, the Broker/Dealers, and the Housing Group. Note: It was also an important clue for Livermore that, if a particular stock in the favored group did not move up and prosper with the others, this could mean that perhaps this particular stock was weak or sick, and therefore might be a good short sale or at the very least, the trader should be cautious in buying it.

There are aspects of trading that are very close to gambling, such as playing card games like poker and high-stakes bridge, which Livermore did every Monday night in his mansion on Long Island. Everyone who enjoys these games has an inclination to play every hand and win every pot. It is a key finger on the hand of greed, and if not curtailed by the self-discipline to adhere to the trader’s own rules, it will almost surely become his greatest flaw. If not understood, it will surely bring about his downfall.

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