Tuesday, April 8, 2014

Five Most Corrupt Industries in The World

Corruption is everywhere, but nowhere is it so blatant and so deep-seated as in the 5 following industries: Banking, Energy, Agriculture/Biotech, Media, and Healthcare. Conspicuously missing from this list, of course, is politics. The reason that politics was not included is because political corruption is very rarely confined to the political arena. It is almost entirely the result of financial lobby and backing, so I decided to focus on the industries behind the issue, rather than the politicians themselves. Hopefully you will find this article eye-opening, as well as empowering in your effort to affect change today. 1) Banking – Did you know: All money comes into circulation through an interest-based loan from either the Federal Reserve or another private bank. As a result, there is more debt than money in our economy. This is not due to irresponsible lending, but is inherent to the mechanics of all fiat currency. Every time a loan is repaid, interest (wealth) is transferred from the working class to the ownership class.



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