We know what happens to two cows under socialism, communism, capitalism, and so on. But nothing will ever beat what happens to two cows in our economy, the economy dominating the world, financialized capitalism:


ROYAL BANK OF SCOTLAND (VENTURE) CAPITALISM

You have two cows.

You sell three of them to your publicly listed company, using letters of

credit opened by your brother-in-law at the bank, then execute a

debt/equity swap with an associated general offer so that you get all

four cows back, with a tax exemption for five cows.

The milk rights of the six cows are transferred via an intermediary to a

Cayman Island Company secretly owned by the majority shareholder who

sells the rights to all seven cows back to your listed company.

The annual report says the company owns eight cows, with an option on

one more.

You sell one cow to buy a new president of the United States , leaving

you with nine cows.

No balance sheet provided with the release.

The public then buys your bull.


There it is.