Papantonio: Banker Pigs At The Facebook Trough

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4. The Crowd-funding Revolution and the Reinvention of Capitalism

“Locally owned, small businesses constitute about one half of the private US economy in terms of output and jobs but they receive almost no investment from the nation’s pension funds or from mutual, hedge, venture, or any other kind of investment funds.”

Crowd-funding applies the power of social networking to create a capital-raising alternative that is proving increasingly effective because it allows unlimited numbers of small “investors” to kick in sums as meager as $5 to $10. The only problem is, under US law, these alternatives are be currently illegal but are soon to become legal under the the Obama JOBS act that was just passed.

Go to the link below and learn about “equity-based Crowdfunding” and learn how it will play a huge role in the “New Economy” in an effort to further dismantle our current version of crony-capitalism:

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