Debt is everywhere but it just does not seem to matter. Thanks to the folks at Zero Hedge, you get the account Global Debt Crosses $100 Trillion, Rises By $30 Trillion Since 2007; $27 Trillion Is “Foreign-Held” – “Total global debt has exploded by 40% in just 6 short years from 2007 to 2013, from “only” $70 trillion to over $100 trillion as of mid-2013, according to the BIS’ just-released quarterly review”. They make this assessment:
Flag waving Americans want to believe that their government is on the right side of history. Especially in the realm of foreign policy, the myth that the United States saved the world from despotic tyrants, popularly reflected in the victor’s account of post World War II, is the accepted viewpoint. Hidden from public education is that the New World Order was the actual winner. The specific inception of the globalist forces that originated the sub rosa directions behind formable institutions and governments dates well back over centuries. However, the modern technocratic era allows for the dramatic acceleration of a one-world system imposition, which was never possible in previous times.
When Major General Smedley Butler made his case,”War is a Racket” he did not pull any punches. “The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits – ah! That is another matter – twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent – the sky is the limit. All that traffic will bear. Uncle Sam has the money. Let’s get it.” The business of military procurement has multiplied since his fateful revelations.
The legislature is at a record disapproval as Gallup announced that Congress had reached a new low, winning the approval of just 9% of the American public. In addition, President Obama is in the same boat. A Christian Science Monitor reports that Obama disapproval rating hits new high in two polls. “An NBC News/Wall Street Journal survey found that 54 percent of respondents did not approve of the job President Obama is doing, and Quinnipiac found 57 percent disapproval.” Both branches of federal government register public discontent.
Economic illiteracy is a hallmark of most political policies. The prime example of this principle is the idiocy out of the Obama administration that maintains that the Affordable Care Act is favorable to job seekers. The ranks of progressive euphoria reporting on the joys of Obamacare want to spin the latest Congressional Budget Office’s (CBO) analysis as favorable. As these imbeciles push out their demented dreams for a neo Great Society, the facts of trade and industry need to be buried in order to institute the total welfare state.
Few subjects present an undisputable window into modern society than the electronic version of reality that is dispensed through television broadcasts. This technology does not require interactive skills or critical thinking acumen. Just watch and fall into a daydream trance. TV is the stealth killer that penetrates 114.7 million American households. According to Nielsen, the 2012 Universe Estimate (UE), reflects a reduction in the estimated percent of U.S. homes with a television set (TV penetration), which declined to 96.7 percent from 98.9 percent. Should this turn down suggest promise or is it merely a result of internet substitution?
Corporatocracy is distinctly the dominate practice when it comes to doing business with the federal government. The once embryonic relationships between favored companies and agency bureaucrats, have germinated into distinctive hybrid organisms. Grafting into self-generating species resistant and virtually immune from pest control methods can be found in every area of government expenditures. The big daddy of cozy dealing is that preverbal military-industrial-security complex.
Any analysis of domestic fossil fuel production and use must acknowledge that independence for U.S. energy has not been the national goal. Contrary to utopian dreamers and radical environmentalists, oil, natural gas and coal are the backbone of power in any modern economy. This power extends both to the fuels themselves and to the political security that is required for any economy to prosper. Therefore, it seems counterproductive to encourage corporatist to export our own precious resources for the mere motive of higher profits. Unfortunately, their ill-conceived greed is at the core of much of our countries instability.
Is there any doubt that America’s foreign policy, based upon maintaining a global empire, actually makes us less safe? The misgiving is that such intercession has any actual benefits to the citizens of the country. What once was a respected leadership role of non-interventionism in international affairs, has become a dominating imperium for worldwide control and subjugation. Exporting the “land of the free” is a myth, especially when domestic freedom is a dying memory. Internationalists tell us that military and surveillance drone technology promises enhanced security, with little concern for collateral damage or loss of innocent life. However, the facts do not bear out such claims.
With Ben Shalom Bernanke set to depart on the last day of January 2014, the critique and speculation of his tenure as Chairman of the Federal Reserve begins. The mainstream financial press is giving mostly favorable accounts. Heretofore, such praiseworthy acclamations strike a shape contrast with the actual record of the state of the economy. However, the admirers of the Fed and his specific enactments live in a time warp that only masters of the universe encounter. For the remaining population, an intense struggle for survival is the actual experience, remembered from the Bernanke years.
The worst fears of all free speech proponents are upon us. The Verizon suit against the Federal Communications Commission, appellate decision sets the stage for a Supreme Court review. The Wall Street Journal portrays the ruling in financial terms: “A federal court has tossed out the FCC’s “open internet” rules, and now internet service providers are free to charge companies like Google and Netflix higher fees to deliver content faster.”
The globalists put their plan into motion decades ago. The proper meaning of the headline is not that China is an economic miracle, but that the United States, systematically stripped of its industrial might, is destined to fall even further. The Chinese economy is a haven of direct transnational integration. The outsourcing of manufacturing from domestic capacity is not solely a response of cheaper economic cost of goods production. No, the underlying reason for the migration of product assemblage is to weaken an independent American economy.