The US ‘Fiscal Cliff’ – One Small Part Of A Huge Debt Crisis

FYI.

From the article:

“The US annual budget deficit has almost tripled under Obama, from $450bn in 2008 to $1,200bn this year.”

“America’s national debt is now around $16,000bn, two-thirds higher than when Obama was first elected. In 2008, US government debt was 70pc of GDP. Now it is 102pc.”

“Debt growth at that pace simply cannot go on.”


“If fiscal and monetary stimulus worked, Japan wouldn’t have spent the past 20 years in and out of recession and now be shouldering a debt to GDP ratio of 250pc.”

“If printing money worked, Zimbabwe would be in the G7.”


The US ‘cliff’ – one small part of a huge debt crisis (Telegraph, Dec 29, 2012):

So here we are, at the turn of the year, with the global economy tottering on the edge of America’s fiscal cliff.

What’s kept springing to my mind over the holiday season is the final scene of The Italian Job – the iconic 1969 original, not the tacky 2003 remake.

“Hang on a minute, lads,” says heistmaster-in-chief, Charlie Croker, as he and his merry band of crooks balance precariously in a bus on the edge of an Alpine cliff. “I’ve got a great idea.”

The Italian Job’s cliff-hanger finale is all make-believe. A brilliant film ends, we marvel at Michael Caine’s acting genius, the credits roll and then we get up and make some tea.

Real-world predicaments aren’t so easy.

Read moreThe US ‘Fiscal Cliff’ – One Small Part Of A Huge Debt Crisis

Gerald Celente: American Dream Debunked (Video)


YouTube

See also:

George Carlin: The Illusion Of Freedom – ‘This Country Finshed!’ (Video):

George Carlin: The American Dream (Video):

Dr. Webster Tarpley: Coup And Counter-Coup In Washington

FYI.


Born in Pittsfield, Massachusetts, 1946, Dr. Webster Griffin Tarpley is a philosopher of history who seeks to provide the programs and strategies needed to overcome the current world crisis. As an activist historian he first became widely known for his book George Bush: The Unauthorized Biography (1992), a masterpiece of research which is still a must read. AB Princeton 1966, summa cum laude and Phi Beta Kappa; Fulbright Scholar at University of Turin, Italy; MA in humanities from Skidmore College; and Ph.D. in early modern history from the Catholic University of America with emphasis on the role of Venice in the origins of the Thirty Years’ War (1618-1648). During 2008, he warned of the dangers of an Obama presidency controlled by Wall Street with Obama: The Postmodern Coup, The Making of a Manchurian Candidate and Barack H. Obama: The Unauthorized Biography. His interest in economics is reflected in Surviving the Cataclysm: Your Guide Through the Worst Financial Crisis in Human History Against Oligarchy. His books have appeared in Japanese, German, Italian, French, and Spanish.

Coup and counter-coup in Washington (PressTV, Nov 19, 2012):

Sometimes, generals purge politicians. In 1648, during the English Civil War, Colonel Pride and his troops removed those members of the Long Parliament who opposed military domination; the puppets who remained were called the Rump Parliament.

This year, a cabal of generals evidently believed it could secure the White House for Mitt Romney by staging the Benghazi incident and using it as the signal for a cold coup under cover of elections — probably including computer-generated election fraud — to bring down Obama. They guessed wrong.

Read moreDr. Webster Tarpley: Coup And Counter-Coup In Washington

Dr. Paul Craig Roberts: The Special Interests Won Again

Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.

paul-craig-roberts
Dr. Paul Craig Roberts

The Special Interests Won Again (Paul Craig Roberts, Nov 7, 2012):

The election that was supposed to be too close to call turned out not to be so close after all. In my opinion, Obama won for two reasons: (1) Obama is non-threatening and inclusive, whereas Romney exuded a “us vs. them” impression that many found threatening, and (2) the election was not close enough for the electronic voting machines to steal.

As readers know, I don’t think that either candidate is a good choice or that either offers a choice. Washington is controlled by powerful interest groups, not by elections. What the two parties fight over is not alternative political visions and different legislative agendas, but which party gets to be the whore for Wall Street, the military-security complex, Israel Lobby, agribusiness, and energy, mining, and timber interests.

Read moreDr. Paul Craig Roberts: The Special Interests Won Again

Military Ballots Delivered One Day Late, Would Have Swung Election For Romney

… but so the ‘other‘ elite puppet won! 🙂

OK, this is from the Duffel Blog!

I actually linked to the source but ‘forgot’ to say that this is supposed to be funny/satire/humor.

My apologies if this stired up your emotions.

The military would not vote for Romney (only for Ron Paul!!!), because Romney would have meant war with Iran and WW III.

Elite puppet teleprompter Obama is also only doing what he is told to do by his elite masters and that certainly leaves WW III on the table.

Flashback:

March, 2012: Open Mic? Obama Tells Russian President Medvedev ‘After My Election, I Have More Flexibility’ (FOX News, Video):

At a nuclear security summit in South Korea on Monday, President Obama talked to Russian President Dmitry Medvedev about missile defense in eastern Europe. During the conversation that was likely meant to be private, Obama assured Medvedev that he would have “more flexibility” after the November election.

Obama asked Medvedev to relay this message to Vladimir Putin, saying, “On all these issues, but particularly missile defense … this can be solved, but it’s important for him to give me space,” to which Medvedev told the president he understood.

Ed Henry reports that White House officials are saying that the president is just speaking to the political reality of the situation.


Military Absentee Ballots Delivered One Day Late, Would Have Swung Election For Romney (The Duffel Blog, Nov 7, 2012):

WASHINGTON, DC – Sources confirmed today that hundreds of thousands of military absentee ballots were delivered hours after the deadline for them to be counted, with preliminary counts showing that they would have overturned the vote in several states and brought a victory for Governor Mitt Romney.Officials say the ballots were delivered late due to problems within the military mail system. Tracking invoices show the ballots sat in a warehouse for a month, then they were accidentally labeled as ammunition and shipped to Afghanistan. At Camp Dwyer, Marine Sergeant John Davis signed for them and was surprised at the contents.

“I told Gunny we got a bunch of ballots instead of ammo,” Davis told investigators earlier today.  “He told me to file a report of improper delivery and that the chain of command would take care of it.  We didn’t hear anything for three weeks.  While we were waiting we came under fire so we dumped a bunch of them in the Hescoes.  We didn’t dig those ones back out.”

After military officials realized the initial error, the ballots were then sent back to the U.S. but suffered a series of setbacks.

Twelve boxes of ballots were dropped overboard during delivery to the USS Kearsarge (LHD-3) in the Persian Gulf, then while the ship sailed to Bahrain, postal clerks allegedly pocketed whatever ballots they wanted.

The remaining absentee ballots were loaded onto a C-130, but the flight was delayed until November 1st so the crew could get tax free pay for the month.  Once the ballots arrived stateside they were promptly mailed to each state’s counting facility, reaching their final destination on November 7th.

“It’s a shame,” Rear Admiral John Dawes said when asked for comment.  “I expected a delay so I ordered that everyone cast their votes eight months ago. It’s really unfortunate that our mail system failed us and directly affected the course of history.”

Read moreMilitary Ballots Delivered One Day Late, Would Have Swung Election For Romney