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Author Topic: Blasts from the 2012 to 2013 past when there was more HOPE 🌟  (Read 664 times)

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This is an excellent summary of the current insanity at empire central by Mike Stathis.
Washington’s double-dip scam and war with Iran

As the United States continues to suffer from the economic disaster created by Wall Street, the “experts” are once again discussing the possibility of a “double-dip” recession. This play on words is ludicrous to those of us who realize the recession which began in December of 2007, never ended.

The problem with the term “double-dip” recession is that it has been transformed into a misnomer by the media. The National Bureau of Economic Research (NBER) came up with the term “double-dip” recession to describe relative changes in economic data during a recession. According to the NBER, a double-dip recession is “A continuous recession that's punctuated by a period of growth, then followed by a further decline in the economy.”
But the “period of growth” referred to by the NBER does not designate the end of a recession. It merely acknowledges a slight improvement followed by a decline in economic conditions. Note the most relevant portion of the NBER’s definition is that a “double-dip” is a “continuous recession.”

As most Americans realize, there has been no economic recovery. Borrowing trillions of dollars in order to finance banking bailouts, housing subsidies, food stamps, unemployment benefits, and medical care for impoverished Americans does not constitute an economic expansion or recovery; at least not for a nation that claims to be based on “capitalism.”
The objective of this deception is to improve consumer confidence, as directed by Washington. The NBER realizes the media and its “experts” have deceived the American people, but they have kept silent on the matter because they too are members of the establishment.
With nearly one-half of the entire U.S. population currently receiving some form of government assistance, no honest person of sound mind can legitimately claim that the U.S. economy recovered in June 2009, or any time thereafter. Furthermore, with such a high level of public assistance, one could argue that the U.S. economy does not operate based on free market principles. Of course, there are many other points that would strengthen this argument.


Americans have been subjected to establishment-based propaganda similar to the “double-dip” delusion for decades. Compiling a list of this deception would easily consume several large books. But I will discuss a few recent examples.

After listing some examples, he continues with this:
During the financial crisis of 2008, the Federal Reserve and Washington utilized a similar strategy. They claimed that unless the banking bailout was passed, the U.S. would enter a depression. But American homeowners and workers were not bailed out. Instead, their tax dollars were sent to Wall Street.
And of course, the bailout did not prevent a depression. Ironically, the bailout made the banks designated as “too big to fail” even bigger. This “too big to fail” mantra is but another scare tactic orchestrated by the establishment. Common sense tells us that any bank deemed as “too big to fail” poses a tremendous risk to the economy and must be broken up.
Today, the same banks responsible for the collapse of the global economy continue to defraud investors and consumers because Washington refused to pass real Wall Street reform.

For those who don't know who  MAINLY runs Wall street in letter and in spirit, read on:
The Zionist establishment’s most recent pack of manufactured lies has been focused on Iran. According to the criminal puppets in Washington, Iran poses a threat to the U.S. and its “allies” as a terrorist nation seeking to arm itself with nuclear weapons.

Unfortunately, most Americans are unaware of the facts about Iran and Israel, just like they are unaware of the real reasons for U.S. military presence in Iraq and Afghanistan. As informed citizens of the world realize, Iran is the most peaceful nation in the Middle East, and has remained so for many centuries. Israel is the real threat; not only to the Middle East, but to the rest of the world. No other nation comes remotely close to the dangers lurking from Israel’s nuclear-armed, trigger-happy regime.
Despite being considered America’s “strongest ally in the Middle East,” Israel has engaged in a long list of activities that could be considered acts of war against the United States. For instance, Israel has been caught spying on the United States numerous times, committed multiple acts of terrorism on U.S. soil, and attacked at least one unarmed U.S. naval vessel, resulting in dozens of casualties.

In every case, there have been no repercussions from Washington because each of America’s politicians have been bought off by Zionist Jewish money, most of which was obtained by illegal means of some form.
As Zionist-controlled Washington reinvigorates its treasonous partnership with Israel, their obsession with Iran also serves to distract attention away from the depression going on in the U.S.
Although U.S. borders remain open, Zionist-controlled Washington constantly reminds Americans that they must pony up trillions of tax dollars to protect borders in the Middle East and defeat “terrorists” who are thousands of miles away.
But they never mention the fact that the (unnecessary) wars in Iraq and Afghanistan have increased the severity of the economic collapse in the U.S. Nor do they mention that future generations of Americans will be required to pay for these wars in the form of tax hikes, as well as huge cuts to Social Security, Medicaid and Medicare

Mike Stathis holds a Master’s of Science in biological chemistry and biophysics from the University of Pennsylvania and was formerly a National Science Foundation research fellow at U.C. Berkeley. Mike serves as the Chief Investment Strategist of AVA Investment Analytics.
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12


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