In his first State of the Union speech in 2010, President Barack Obama carefully chose his words in calling for a new jobs bill to stimulate real organic economic growth. Historically, politicians have garnered widespread public support for bills that otherwise would have been despised through the use of deceptive labeling. For example, past US Presidents labeled bills that ultimately weakened pollution regulations as “Clean Air Acts”, and so on. In response to this newly proposed jobs bill, US Congressman Brad Sherman (D-CA) relayed that he, along with other colleagues, were specifically instructed not to refer to this jobs bill as a stimulus bill in the media:
“The other thing I’ll point out is we now have…we are working on a…we’re told not to call it another stimulus bill. We’re calling it a jobs bill.”
However, politicians have always been extremely deft about making speeches that present a united front with the people against corruption, while often hammering out legislation behind closed doors that ensures no real change will ever occur. To determine if the wool is being pulled over our eyes once again, let’s turn to the actual text of President Obama’s State of the Union speech. Read more …
January 28th, 2010
John Maynard Keynes once stated that the markets can stay irrational longer than investors can stay solvent. While this statement has proven to be true, it is really not aboveboard. What Keynes didn’t want to disclose to the public is the fact that markets stay irrational longer than investors can stay solvent because market mechanisms are fraudulent and that there have been no free markets and no capitalism at work since Central Bankers assumed the role of setting interest rates in global economies. A more accurate statement that should replace the oft-quoted Keynesian saying is below:
“A fraudulent monetary system that engages all economic forces on the side of destruction can create an illusion of wealth and economic health for irrationally long periods of time but eventually will implode and result in the great destruction of the economic security of a nation.” Read more …
January 25th, 2010
2009 was an incredibly interesting year both politically and financially, as both arenas are inextricably intertwined, though on the surface, the leaders from these respective industries often bicker and admonish one another for public show, while smiling and shaking hands behind closed doors. Uncovering this complex and hidden connection almost always requires much deeper digging than is ever executed by mass media financial journalists, who often seem more intent on fawning to banking interests rather than revealing the smallest speck of truth to the public. No doubt there were many huge stories sprinkled throughout 2009. Read more …
January 6th, 2010
