Funding an aggressive empire intent on ruling the world is expensive. This is the price of global domination.
The linked article tries to blame everything on the government (which is a typical extreme right anti-government slant), without acknowledging the collusion, the corruption with big capital and the elite who currently control the government in their own interests. So there’s one more chart to add to this little party.
This is what kakistocracy looks like:
“Average income of top 0.01 percent of U.S. families as a multiple of average income of the bottom 90 percent of U.S. families”
If you aren’t following the compete and utter meltdown of Europe, after their money system was taken over by unaccountable bankster mafia, you need to wake the fuck up.
“Troika-imposed’ responsibility will, “turn Cyprus into a colony of the worst possible type. …“by leaving the troika and the EMS behind us, we will ensure our national independence,… If we remain bound by the Troika and the memorandum Cyprus’ destiny is already foretold and there will be no future.”
Now it’s serious. Obama and this kakistocracy have squandered untold TRILLIONS on wars against nations that didn’t do anything to us, in the pursuit of global domination. Further, untold TRILLIONS have been printed and given to Wall Street Banksters so that when they bet trillions and lose, there are no penalties for them, these “masters of the universe.”
You do understand that one trillion = 1,000 billion dollars?
Austerity is an all out class war on you by the aristocratic ghouls who run Amerika. Heads they win, tails you lose. This is not a representative democracy, but an out of control empire, and the bills are officially due. Consider this the real world price tag for criminal ignorance and immoral apathy:
…here’s a short list of some of the massive, national bi-partisan-created austerity cuts, according to the New York Times:
-600,000 food stamp recipients will be cut from the program
-Massive education cuts. According to President Obama:
“Once these cuts take effect thousands of teachers and educators will be laid off and tens of thousands of parents will have to scramble to find child care for their kids. ”
-12 billion in Medicare cuts (more to come after 2013)
-Millions receiving unemployment will see their checks cut by 11% (an average of 132 a month)
-Federal funds to state governments will be cut, creating even more deficits for states and municipalities, and thus more localized cuts (the states have already made austerity cuts of $337 billion
Also, 700,000 jobs are expected to be loss
, while 70,000 kids are also expected to be kicked off of Head Start
And this is just for 2013.
According to the White House website
-$130 billion in “savings” [cuts] to Social Security, by implementing a “superlative CPI.”
-$35 billion in “savings” [cuts] to the retirement of federal employees.
- $400 billion in health care “savings” [cuts], much of it Medicare cuts.
Obama cynically fails to mention the words Social Security or Medicare in the above plan, choosing instead to write in code (“superlative Consumer Price Index”).
By Shamus Cooke
Outstanding leadership. Iceland flipped the finger to the banksters of the world in 2008, and did the exact opposite of the US and Europe. And I want to go live there.
“We were wise enough not to follow the traditional prevailing orthodoxies of the Western financial world in the last 30 years. We introduced currency controls, we let the banks fail, we provided support for the poor, and we didn’t introduce austerity measures like you’re seeing here in Europe.
…Why are the banks considered to be the holy churches of the modern economy? Why are private banks not like airlines and tele-communication companies and allowed to go bankrupt if they have been run in an irresponsible way? The theory that you have to bail-out banks is a theory that you allow bankers enjoy for their own profit their success, and then let ordinary people bear their failure through taxes and austerity. People in enlightened democracies are not going to accept that in the long run.“
Ed Asner still kicking ass in an animated history of the modern financial world…
I’ve posted a lot on the financial gangsterism of the FED and the Congress and White House. The bought and paid for lackeys of big finance who funnel the future wealth of the nation into the accounts of todays monsters. Here’s a quick list of the recipients of this stolen treasure, a theft which continues without restraint. It makes a mockery of us all, and yet it continues as if this was business as usual.
From Richard Clark on OpedNews, Are Banksters & the Fed Becoming the Fourth Branch of Our Government?:
After years of making bad loans with artificially low interest rates, and foreclosing on millions of American homes, the Fed bailed out the following banks with at least $16.9 trillion according to page 131 of the first GAO audit:
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000) …
Lifting the Veil: Obama and the Failure of Capitalist Democracy (2011)
Feature length film documents the extensive list of Obama’s crimes. He has, you may remember, presided over the greatest theft in human history (as much as $26 Trillion documented so far).
Anyone in a non-swing state should vote their conscience. Support the Green Party, vote Jill Stein.
‘CAPITALISM: A LOVE STORY’ – In Theaters October 2nd
“It’s a crime story. But it’s also a war story about class warfare. And a vampire movie, with the upper 1 percent feeding off the rest of us. And, of course, it’s also a love story. Only it’s about an abusive relationship.