Users Online Now:
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:Doomer1981:MV8yMDUyNjQyXzM0NjE5NzU2X0ZGQkMyNUE0] So u think this falls in line with the Mayans?? [/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 >>
All sounding the Alarm for what Is Coming In 2014?
Signs the American civil war nears as 14 Governors : Prepare State Militia Defenses, To Be Ready Against Obama’s Rogue Federal Forces
Who Decides Who's Crazy? - Big Pharma and the DSM
New Wi-Fi Technology Can Track You Through Walls
USGS Report: Up to Half of L.A. Buildings Would Be Uninhabitable After Large Quake
Legislators Introducing Bill to Nullify Obamacare in Georgia
Is this the end of CCTV cars?
Dubious Police Use Of Lethal Force Looms Over The Nation
Rise Of Militarized Police Threatens Civil Rights, Community Well-Being
US Unemployment Aid Applications Surge To 368,000
Hospital patient says clock told him, ‘Time to die’
The Communist Agent Who Caused Pearl Harbor — and Global Economic Havoc
As Homeowners become Renters, Poor Americans Spend more for Rentals
Facial-Recognition Cameras Hidden in Eyes of Mannequins
USTR Says TPP Must Be Kept Secret, Because The Public Is Too Stupid To Understand It
Nelson Mandela Family Finally Gives Up Charade and Admits Mandela Dead
Missing American in Iran was working for CIA
U.N. confirms chemical arms were used repeatedly in Syria
Mother Of All Currency Wars in One Chart: Dollar Vs. Swiss Franc
U.S. to boost Israel defense missile funding by $173M
Huge reserves of freshwater lie beneath the ocean floor
Congress Rushing to Approve 2014 National Defense Authorization Act (NDAA)
The universe really is a hologram, according to new science
Are You Ready for Riots?
Bloody School Massacre Staged for Canadian Police Training, Over 100 Participants
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.007s (5 queries)