Powerful families or are they? Part 2

The world has become the playground of the rich and elite few,families and individuals that use influence and of course intellect to stay financially stable (to say the least) despite any global economic crisis which may have occurred over the years. One such family are the Rothschilds (famously know as).

The Rothschild family (often referred to simply as the Rothschilds), is an international banking and finance dynasty of German Jewish origin that established operations across Europe, and was ennobled by the Austrian and British governments. The family’s rise to international prominence began with Mayer Amschel Rothschild (1744–1812 – pictured), whose strategy for future success was to keep control of their businesses in family hands, allowing them to maintain full discretion about the size of their wealth and their business achievements. Mayer Rothschild successfully kept the fortune in the family with carefully arranged marriages between closely related family members. Nathan Mayer Rothschild started his London business, N. M. Rothschild and Sons in 1811 at New Court in St Swithin’s Lane, City of London, where it still trades today. In 1818, he arranged a £5 million loan to the Prussian government, and the issuing of bonds for government loans formed a mainstay of his bank’s business. He gained a position of such power in the City of London that by 1825–6 he was able to supply enough coin to the Bank of England to enable it to avert a market liquidity crisis.

Smart huh?

However is it right for a family to control such an integral part of the Financial World, Banking? Doesn't that raise eyebrows as to how the banking sector takes advantage of the common man in order to meet the financial desires of the Elite? Hmmmm so many questions yet, there are no concrete facts which may give us satisfactory answers!

Read about them and draw your own conclusion.
As a firm believer in capitalism and accumulation of wealth respect their longevity as a powerful family.

What is the Internet?

I recently signed up for an online marketing course on Traffic Synergy, and they had an interesting article on What the Internet/Cyberspace is and i thought i should share it...

The internet is up there with fire, the wheel, the light bulb, in terms of technological advancement that has revolutionized the way the world thinks and works.

The internet has made so many things possible that even as little as ten years ago seemed virtually impossible – like video calling some one in based in Russia while you are based in Cape Town.

The internet is a global system of interconnected computer networks, that interchanges data via copper wires, fiber-optic cables, wireless connections and other technologies. In short the internet allows a computer based in Cape Town to communicate with a computer (usually a server) based in Russia. Computers communicate with each other via the internet almost instantaneously, and is dependant on the physical limitations of the technology being used to relay the communication.

The internet is also known as the information super highway, and allows web users to access information, download and upload electronic files (like audio, text, video, image, and others) to be viewed for the whole world to see. Websites, blogs, vlogs, emailing, IM, VoIP (internet calls) are a few of the applications of the internet that are common place in daily life.

The internet is still in its infancy in terms of application development and regulation. International bodies like the World Wide Web Consortium and Internet Protocols are being developed to try to bring order to the chaos that is cyberspace.

This phenomena has transcended all barrier's and made the world "seemingly small"
Question: has it introduced a new way of doing business, communicating etc or has it made us lazy of actually interacting with other humna beings?

Either way, i quite enjoy it's usefulness and how it's made my life extremely easy...and more importantly it has inspired a lot of business ideas.We now have a new breed of Executives (Online Executives). Powerfull business people who have made a chunk of their money from this phenomenon.

But thats just me, you can draw your own conclusion.