economic collapse

Are US wars, economic disaster well-intended mistakes? What we know from facts

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The American public struggles with political rhetoric and US corporate media to discern fact from spin.

“As I grow older, I pay less attention to what men say. I just watch what they do.” unsourced and attributed to Andrew Carnegie

What US “leadership” has done are the following:

from Congressional reports we now know that all “reasons” for war with Afghanistan and Iraq were known to be lies as they were told.

allows a million children a month to die of preventable poverty, even though historically ending poverty reduces population growth rate and the investment is less than 1% of the developed nations' gross national incomes (GNI).

engages in Orwellian unlawful wars, including using depleted uranium weapons to damn the victims with continuous misery and death.

tortures, orders extrajudicial assassinations (including against American citizens) and acts for indefinite detentions.

Why we write: End Orwellian US economics to unleash trillions of our dollars

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The central economic solution to unleash trillions of dollars for the US economy is simple:

1.Our Robber Baron-era monetary system must be recognized as a national “debt supply” that only profits the banks that create the debt.
2.This Orwellian opposite of a national money supply must be ended. In addition, shocking as it is for most Americans to discover, we’ve already overpaid in tax totals in the several trillions of dollars as revealed in collective governments’ published Comprehensive Annual Financial Reports (CAFRs). We need this ended and transformed to maximize the benefits of that money to the American people.
3.The US will unleash trillions of dollars worth of economic productivity with the end of government debts, creating money for the direct payment of public goods and services, and creating at-cost credit/lending as a public service that benefits the public rather than private banks.

1 in 3 US families “low-income”: Economic controlled demolition continues

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The Working Poor Families Project has just released their policy brief for the winter of 2010-11. The new US Census Bureau data is that 30% of US families are now earning less than 200 percent of the official poverty threshold, and are thereby defined as "low-income."

That’s nearly one in three American families now being low-income.

Also in consideration of this data, please consider as that unemployment data has shifted in historical comparison because the definitions have changed of what it means to be "unemployed." The "official" statistics would be nearly double if unemployment was still counted as it was just 30 years ago, making today's reality similar to the Great Depression. Paul Craig Roberts, President Reagan's Assistant Secretary to the Treasury and also a former Associate Editor for the Wall Street Journal is all over this data in ongoing articles, such as from last month: Big Lies, Little Lies. Fake Unemployment Data. Rising Poverty in America

CAFR: US agencies have billions, trillions in investments looted from the American public

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Gerald Klatt and Walter Burien are unrecognized heroes. These individuals are national leaders who have communicated how government agencies conceal American taxpayers’ money in surplus accounts that collectively total trillions of our dollars. The data is found in government agencies’ Comprehensive Annual Financial Reports (CAFRs).

FEMA sources confirm coming martial law

Wayne Madsen
October 8, 2008

WMR has learned from knowledgeable Federal Emergency Management Agency (FEMA) sources that the Bush administration is putting the final touches on a plan that would see martial law declared in the United States with various scenarios anticipated as triggers. The triggers include a continuing economic collapse with massive social unrest, bank closures resulting in violence against financial institutions, and another fraudulent presidential election that would result in rioting in major cities and campuses around the country.

In addition, Army Corps of Engineer sources report that the assignment of the 3rd Infantry Division’s 1st Brigade Combat Team (BCT) to the Northern Command’s U.S. Army North is to augment FEMA and federal law enforcement in the imposition of traffic controls, crowd control, curfews, enhanced border and port security, and neighborhood patrols in the event a national emergency being declared. The BCT was assigned to duties in Iraq before being assigned to the Northern Command.

Catherine Austin Fitts talks about why building 7 was brought down

Catherine Austin Fitts discusses 2.3 trillion dollars missing on 9/10/01, building 7 and pentagon record destruction to cover this up.
Pertinent content starts at about 3 minutes and 45 seconds in to this video

Radical Alternative to Perpetual Economic Slavery of the "Bailout"


September 25, 2008
By Chuck Simpson


The paramount reason for today's cancerous credit crisis is seldom even hinted and never explained.

First, a simple definition. A credit default swap is a form of insurance. A variant of mortgage insurance required of many home purchasers. An insurance policy that requires a company with financial strength to step up to the plate and pay the mortgage if for some reason the home buyer defaults.

A credit default swap is similar: If default occurs, an insurance company pays the income stream of the mortgage.

With one extremely important difference: Payments are made to the owner of the policy, not to the financial institution that stands to suffer a loss.

Financial institutions are allowed, through total lack of regulation, to buy and sell credit default swaps, or insurance they will be paid in event of default, on financial instruments in which they have no financial interest.

Wag the Dog: How To Conceal Massive Economic Collapse By Ellen Brown

Wag the Dog

How To Conceal Massive Economic Collapse

By Ellen Brown

“I’m in show business, why come to me?”
“War is show business, that’s why we’re here.”
– “Wag the Dog” (1997 film)

16/08/08 "ICH" --- Last week, Fannie Mae and Freddie Mac had just announced record losses, and so had most reporting corporations. Unemployment was mounting, the foreclosure crisis was deepening, state budgets were in shambles, and massive bailouts were everywhere. Investors had every reason to expect the dollar and the stock market to plummet, and gold and oil to shoot up. Strangely, the Dow Jones Industrial Average gained 300 points, the dollar strengthened, and gold and oil were crushed. What happened?