Users Online Now:
GLP Poker Rooms
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:ceawaves:MV8yMDUyNjQyXzM0NTYwNDI5XzZCQjhGMTlG] [quote:Anonymous Coward 16973401:MV8yMDUyNjQyXzM0NTAyMDU5XzZCOUYyQUY=] Does nobody here understand this? [/quote] That's the 'beauty' of it. [/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 >>
Court Rules That Defendant’s Belief In The “Illuminati” Makes Him Unfit For Trial
Army Major Says “Everything’s in Place” to Round Up Antiwar Dissenters for Military Detention
The Psychopathic Elite, Order Followers, And WWIII — YOU Are The Solution
Mystery aluminium object allegedly dates back ‘250,000 years
REAL OR FAKE? ‘Mysterious dragon like creature’ filmed flying through Chinese mountains going viral
Archeologists confirm evidence found of “Third Wall” from Second Temple era in Jerusalem
Mysterious hexagonal clouds in Bermuda Triangle behind centuries of bizarre disappearances?
Msterious Objects Spotted above Charlotte, NC Hotel
Fears Of “Dry-Run” Cyber Attack Against United States, Wikileaks Revenge
Facebook Employees Pushed to Remove Trump’s Posts as Hate Speech
Pentagon orders soldiers to repay enlistment bonuses
WW3 Has Begun, And It Is Digital: “New World Hackers” Claim Cyber Attack That Took Down Major Sites
House bill seeks to make owning an ‘assault weapon’ a felony
Facebook co-founder drops unprecedented cash to stop Trump
The World’s first biometric fingerprint scanner for newborns has arrived
ACLU Condemns School’s salute to cops, Claims it sends “ominous, frightening message”
Twitter Inc. is planning widespread job cuts
Anderson Cooper Calls Project Veritas Action Videos "Damning"
Clinton Campaign Fudged Climate Change Data – Inflated Emission Numbers
Breaking the Black Box: How Machines Learn to Be Racist
BOOM!: British Bank FREEZES RT.com (Russia Today Media Outlet) Bank Accounts
BUSTED! Debate Camera Crew Caught Rigging Hillary’s Appearance Using Camera Filters, No Filters for Trump
Pentagon Officials Furious After Clinton Announces US Response Time for Nuclear Launch During Debate
Madonna pledges BJ for Clinton voters
Lead HPV vaccine developer comes clean, says its a giant deadly scam
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 0.009s (5 queries)