Sunday, October 5, 2008

Ownership




"Ownership"
[oh-ner-ship]

dictionary.com:
1.the state or fact of being an owner.
2.legal right of possession; proprietorship.

American Heritage Dictionary:
1. The state or fact of being an owner.
2. Legal right to the possession of a thing.

Wordnet:
1. the relation of an owner to the thing possessed; possession with the right to transfer possession to others
2. the act of having and controlling property [syn: possession]
3. the state or fact of being an owner

Webster's Revised Unabridged:
Own"er*ship\, n. The state of being an owner; the right to own; exclusive right of possession; legal or just claim or title; proprietorship.

George W. Bush spoke fondly of the great "Ownership Society." So, let's meet the owners.


We like to think of ourselves as a free people. But the truth is, we have owners. If we are in debt, our labor is owned by the bank until we pay them off.

China now has the largest economy on the planet. Walmart is China's 8th largest trading partner. In fact, Walmart is so large, they have their own State Department. As a single financial empire, Walmart is as large as the state of California. Whether you shop at Walmart or not, they have a direct impact on your daily life. Walmart controls such a large part of the US economy they, and energy companies, own it and by extension, us.

US oil companies earned a combined total of $464 billion from January 2001 to March 2007. Source: (http://www.citizen.org/cmep/energy_enviro_nuclear/articles.cfm?ID=13912). Their financial power gives them ownership of politicians. The oil and gas industry spent a combined $55 million on lobbying efforts in 2008. They were outspent only by drug companies ($113 million), insurance ($73 million), electric utilities ($65 million), and the computer industry ($60 million). Source: (http://money.cnn.com/2008/08/19/news/economy/oil_money/).

As the late George Carlin one said, "Forget about politicians. Politicians are irrelevant. Politicians are there to give you the idea that you have choice. You don't. You have owners. They own you."

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