Is the Credit and Loan Complex as bad as the Military-Industrial Complex?

Q. Is this "financialization" the kind of control a Credit and Loan Complex exert over society every bit as insidious as the Military-Industrial Complex. One covered up in the mainstream. Its dark side papered over suppressed. Made up of Wall Street; big banks; an array of finance, credit card and related companies preying on middle-America and the poor and transferring enormous wealth to the rich. A regulatory environment allowing it. Creating an open field for fraud. Taking full advantage because so- called "watchdogs" are part of the problem. The administration and Federal Reserve as well. The entire power structure allied against working people. A shameful and potentially disastrous situation as a result.

-- decades of wealth transfers to the rich

-- malls replacing factories as the economy's engine;

-- declining wages in the face of soaring expenses;

-- most families dependent on credit to survive;

-- the calamitous effects of banking deregulation;

-- a corrupted symbiotic financial-industrial complex

-- a new Gilded Age exalting greed;

-- turning consumers into debt slaves; and

-- making the country "perilously dependent" on foreign capital sources for economic security.