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10 Corporations Control Nearly Everything You Buy
6 Media Corporations Control Nearly Everything You Read or Watch

10 Corporations Control Nearly Everything You Buy - RF CafeAn RF Cafe visitor sent me a link to an article showing how most of what we buy at a grocery store is under the auspices of a mere 16 conglomerates. It is amazing - and scary - just how much corporate consolidation has occurred in the last couple decades. News reports mention all the bankruptcies, buyouts, and mergers throughout each year, but unless you are paying attention to such matters, it is easy to not notice what is happening. Did you know, for instance, that Pepsico owns and therefore controls among other companies Kentucky Fried Chicken (KFC) and Pizza Hut, Aunt Jemima and Cap'n Crunch, Doritos and Ruffles, Dole and even - believe it or not - Pepsi. Proctor & Gamble (P&G) owns Mr. Clean and Bounty, Tide and Ivory, Cover Girl and Olay, Charmin and Old Spice. Kraft controls Ritz and Planters, Jell-O and Cool Whip, Dr. Pepper and Sunkist, Certs and Chiclets, Oscar Meyer and 6 Media Corporations Control Nearly Everything You Read or Watch - RF CafeHoney Maid. The list goes on and on (click on top thumbnail). While you are consuming said groceries and personal items you might be watching TV, watching a movie, or listening to the radio. It might interest you to click on the bottom thumbnail to find out which of the shows you consume are owned by either GE, News Corp, Disney, Viacom, Time Warner, and CBS. According to the article at Mish's Global Economic Analysis, "The nation's 10 largest financial institutions hold 54% of our total financial assets; in 1990, they held 20%. As MotherJones reports, the number of banks has dropped from more than 12,500 to about 8,000."

 





Posted  November 4, 2013
 

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