Users Online Now:
GLP Poker Rooms
GiveMeGossip.com - Gossip Forum
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
7 Weeks to Austerity Programs in the US...Who do you think wrote the "fiscal cliff" legislation?
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 16973401:MV8yMDUyNjQyXzM0NDk4OTUxX0FFNDIxMEEy] The Bank for International Settlements (BIS) is an international organization of central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks." As an international institution, it is not accountable to any single national government. The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is [b]based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City[/b]. http://en.wikipedia.org/wiki/Bank_for_International_Settlements The BIS is the most obscure arm of the Bretton-Woods International Financial architecture but its role is central. John Maynard Keynes wanted it closed down as it was used to launder money for the Nazis in World War II. Run by an inner elite representing the world's major central banks it controls most of the transferable money in the world. It uses that money to draw national governments into debt for the IMF. http://www.bilderberg.org/bis.htm "The Power of financial capitalism had [a] far reaching plan, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks, which were themselves private corporations. Each central bank sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence co-operative politicians by subsequent rewards in the business world." Carrol Quigley, Tragedy and Hope, 1966 [color=indigo]The "Fiscal Cliff"/potential war in the Middle East con game happening RIGHT NOW is a tremendously huge move by the banksters. All that "woowoo" seeming DHS internment camps "shrillness" and "crazy" talk of imminent martial law is starting to look a lot less like "crazy woowoo shrillness about now. [/color] [/quote]
Calling it the "fiscal cliff" and focusing on an arbitrary deadline is a distraction technique that forces people to look at what's really happening from the wrong perspective and therefore miss it entirely.
The deal with the banks is...."congress will pass laws implementing austerity programs to fully legitimize the process and the sheeple will be ever grateful in their sinking financial state that
(which the bankers created out of thin air for "the deal" through all their well known influence with our political class/oligarchy) was heroically avoided in the final hours by relentless, sleepless determination from our lawmakers to prove this great country can put aside deep fractiousness and come together when the going gets tough."
Y'see, congress can only affect discretionary spending.
Interest payments on govt debt...congress can't touch it.
Mandatory obligations...stay mandatory.
The problem is, "the US fiscal situation is so untenable that the government fails to collect enough tax revenue to cover mandatory spending and debt interest. In Fiscal Year 2011, for example, the US government spent $176 billion MORE on debt interest and mandatory spending than they generated in tax revenue.
In Fiscal Year 2012, which just ended 6 weeks ago, that shortfall increased to $251 billion. This means that they could cut the ENTIRE discretionary budget and still be in the hole by $251 billion.
This is why the Fiscal Cliff is irrelevant."
link to www.zerohedge.com
The reason congress will compromise and avoid the "fiscal cliff" is that the banks make way too much money on war.
"Falling over the fiscal cliff" would mean military spending would be significantly cut. The banks don't want that. military spending is their bread and butter. So why did they write it into the legislation you may ask?
Because they knew they could create a situation where large cuts in military spending would not be acceptable by the sheeple.
Why do you think the Middle East (ie the same old actors) is "flaring up"?
"LOOK OVER HERE!!! ROCKETS AND DEATH AND DESTRUCTION ON THE VERGE OF ESCALATION AND FREAKING ARMAGEDDON!!!!!!!!!"
And the sheeple go....doot doodoo do do do doot doot, doot do do doot doodoo do do......HOLY CRAP!!!!! YOU GUYS IN CONGRESS CAN'T ALLOW THOSE FREAKING MILITARY CUTBACKS NOW FER CRYIN' OUT LOUD!!!!!
It's such an obvious scam but one that's apparently easily accomplished.
So...AUSTERITY PROGRAMS here we come.
We're all Greek now.
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Obama Just Made a Terrifying Announcement – This Isn’t Good
OBAMA’S ‘WEDDING RING’ Is Inscribed: “THERE IS NO GOD BUT ALLAH”
Does Eye Color Predict How You Respond To Pain?
Democratic Senator Leaves Party, Joins Republicans - See Why
Islamic State Radicalizes ‘Thousands’ in United States
"We have apparently raised a generation of snowflakes so fragile that their psyches can’t handle offensive words or photographs or images."
Matt Drudge Releases Cryptic Tweet About U.S. and Islamic State
Muslim sues over reprimand for henna ink, Says hospital violated her right to exercise religion
Animal Magnetic Sense Comes from Protein That Acts as a Compass
More Than 1 In 4 Americans Believe Government Is The Enemy
Is Big Pharma About To Be Banned From Advertising Drugs?
Ban on Tuna Labeled Dolphin-Safe Shows How TPP Will Crush Consumer Rights
Amazon pulls ‘Nazi’ TV show ads from NYC subway after complaints
Kids Are Dressing Up Street Poles With Coats To Help The Homeless Prepare For Winter
Flu shots and chemotherapy are 'systemic health care frauds' warns Mike Adams ...
In Just Under 4 Minutes, CBS News Anchor Explains How and Why the US Created ISIS
United Nations plans require biometric identification and birth registration ...
Los Angeles airport to build special terminal just for celebrities
"Smart" apartments are spying on everything you do
Is the New UN ‘Hub’ in D.C. a Step Toward World Government?
Surgery Could Give Men Wombs of Their Own Within 5 Years
Will Antichrist Use ISIS Terrorism To Facilitate His Arrival?
After 5000 Quakes, Experts Sound the Alarm For Oklahoma! Prepare for the BIG ONE!
Exploring Advanced Ancient Life and Aliens In Peru
Govt Denies Hungry Families Thanksgiving Food Because a Pro-Cannabis Group Donated I
This Flag Represents The Principle, "Fight For What You Believe In."
This Is The Rebel Flag, "You're Either Free Or You're Not."
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.006s (5 queries)