Posts Tagged ‘USA Economy’

America’s Failings

May 6, 2015

America’s greatest failings –

  1. Neglecting our infrastructure, and higher education.
  2. Failing to modernize, and destroying our Middle Class.
  3. Corruption in Government, Wall Street, and Banking.
  4. Fighting un-necessary wars and not paying for them

Israael’s Fischer – next Fed Vice Chair

December 12, 2013

Israel’s Fischer picked to be next Fed vice chair:

JERUSALEM (Reuters) – Stanley Fischer, who led the Bank of Israel for eight years until he stepped down in June, has been asked to be the Federal Reserve’s next vice chair once Janet Yellen takes over as chief of the U.S. central bank  ….

Fischer, as an American-Israeli, would also need Senate approval if he accepts the offer from the White House.  …–sector.html


Our bloated Military

October 20, 2013

Total Cost of Wars Since 2001:  $1.5 trillion

Every hour, taxpayers in the United States are paying $11.26 million for Total Cost of Wars Since 2001.

26.5% of your tax dollar goes toward military expenses.

Ours, a representative government – Really?

May 25, 2013

We are told that ours is a representative government.

In reality, our government represents only the interests of well-funded lobbies.  –

Special interests rule through a system of payola and backdoor manipulations. –

Our governance has become thoroughly corrupt. –

American citizens, just like citizens of other nations, are slaves to these disloyal masters.

Crooks and shysters are in control. 

The “Israel Bond” Swindle

March 16, 2013

The Israel Bond schemes.

 Ohio Treasurer Josh Mandel has purchased $42 million in Israel Bonds, the largest single government purchase of Israel Bonds in United States history. …

 The investment increases the total amount of Israel Bonds in the Ohio treasury portfolio to more than $80 million …

The U.S. has guaranteed $19 billion in Israel-issued bonds since the 1990s ….

. According to Israel’s Finance Ministry, “Israel has never defaulted in the payment of principal or interest on any of its internal or external indebtedness.” According to the Congressional Research Service of the Library of Congress, as of 2002, approximately $40 billion in loans to Israel by the United States Government have waived by the United States Government, rather than repaid by Israel. ….

US Economy in deplorable condition

April 22, 2011

economy in deplorable condition’.


Foreclosure Wastelands.


US has been warned that the credit rating on its government debt
could be cut by Standard & Poor’s.


Policy & War Profiteering.


a period of 12 years, tax rates for the richest 400 Americans were
effectively cut in half.

Our wars are unfunded …….


Super rich see federal taxes drop dramatically


Kucinich : Tax Reform Needed.


Foreclosure-Gate – It Gets Uglier.

the public ever gets a complete picture of the personal, financial,
and legal assault on citizens at their most vulnerable, the outrage
will be endless …

surface scandal is about fraudulent business practices and a
systematic assault on homeowners by lenders, servicers, and the legal
system. A much broader picture must be viewed in order to understand
the utter contempt that the ruling elite has toward citizens and the
depraved tactics used to express that contempt, all to serve endless
desire to accumulate more money and power


Things The Rich Don’t Want You To Know About Taxes


Crash Course.


Stiglitz – Analysis of GOP Budget.  — Video.


Paul – “We Have To Restore Confidence In A Free Society”


Global Debt Clock Now $42 trillion.

Getting shafted

December 26, 2010


Lawmakers seek cash during key votes


Numerous times this year, members of Congress have held fundraisers and collected big checks while they are taking critical steps to write new laws, despite warnings that such actions could create ethics problems. The campaign donations often came from contributors with major stakes riding on the lawmakers’ actions.


For three weeks in June, for instance, the members of a joint House and Senate committee worked to draft final rules for regulating the financial industry in the wake of its 2008 meltdown. During that time, the 35 members of the drafting committee collected $440,000 in donations from that same industry, which was then lobbying heavily for looser rules.


The Center for Responsive Politics and the Sunlight Foundation – scrutinized lawmakers involved …


Citizens generally feel this kind of thing falls between the bookends of ‘icky’ and ‘bribery,’ ” said David Levinthal, a spokesman for the Center for Responsive Politics …


Over the course of three weeks in June, the 35 conference committee members collected $440,000 in donations from the financial industry. Sen. Charles E. Schumer (D-N.Y.), the chairman of the Senate banking committee and a powerful conferee, collected the most that month – about $90,000 from financial interests.


Executives of accounting giant Ernst & Young contributed the lion’s share of that amount for Schumer: $49,000 in all of June …


Senators collected $469,000 from the financial industry the day before, the day of and the day after that key Sept. 16 vote …


The biggest recipient was Senate Majority Leader Harry M. Reid (D-Nev.), who shepherded the legislation and faced a tight reelection race. …





What Caused the Financial Crisis?






From the Pentagon to the private sector.


From 2004 through 2008, 80 percent of retiring three- and four-star officers went to work as consultants or defense executives…


Thirty-four out of 39 three- and four-star generals and admirals who retired in 2007 are now working in defense roles — nearly 90 percent. …


The revolving-door culture of Capitol Hill — where former lawmakers and staffers commonly market their insider knowledge to lobbying firms — is now pervasive at the senior rungs of the military leadership. …. giving them unparalleled levels of influence and access to inside information on Department of Defense procurement plans ….


War is a Racket …… !!!






Need to know. – Fixing America.



HP Board of Directors – Dumb?

October 3, 2010

Leo Apotheker Named New HP CEO



Ray Lane –

non-executive chairman.,b316d2ed

…. The initial response to Apotheker’s appointment was icy. HP shares fell $1.21, or nearly 3 percent, in extended trading after finishing Thursday’s regular session at $42.07, down 46 cents.

Apotheker, a 57-year-old German, spent most of his career at business software maker SAP AG before being promoted to CEO in April 2008. He lasted less than two years in the position. SAP decided not to renew his contract when it expired nearly eight months ago, largely because SAP’s financial performance faltered …

“SAP’s customer relationships suffered badly and so did employee morale while (Apotheker) was there, so this is a bit of an odd choice by HP,” … SAP pretty much fired Apotheker …

The decision to give Apotheker another shot at being a CEO may renew questions about the competency of HP’s board …



February 18, 2010

Obama’s Jews … Hebrewnomics.

….  It had to be pretty difficult to put together a more Judaized presidential administration than even Bill Clinton, but Obama has managed to do so.  … the two major political parties don’t matter much these days because the Jewish plutocrats, Jewish political machine, Jewish mass-media complex, and Jewish legal complex has both of them almost entirely locked down. ….

I estimate that at least 1/5-1/3 of Obama’s Cabinet plus important personnel posts are of ethnic Jewish ancestry, and that is probably a fairly low estimate. If one counts all of the aides, assistants, assistants of assistants, deputies, backups, right-hand (wo)men, lawyers, advisers, and other high to mid-level bureaucrats the number of ethnic Jews in the Obama Administration might actually be closer to 40-50% as in some recent administrations, as these aides and assistants are the individuals who often wield the real power because they do so much of the real work behind the scenes, far away from the glaring cameras of the (disproportionately Jewish) presscorp.

Other ostensibly non-Jewish Cabinet and personnel members no doubt married a Jew (which is common amongst the American political class: Washington DC-Northern Virginia-Maryland is an extremely Jewish region) or have partial Jewish ancestry which no one is publicly aware of. …

A spoiled Nation in Decline?

November 13, 2009

China sets plan to let currency move higher.





Peter Schiff: Americans must prepare for deepening unemployment, inflation and possible breadlines.







10 states face looming budget disasters.

Drastic financial remedies are no longer limited to California, where a historic budget crisis earlier this year grew so bad that state agencies issued IOUs to pay bills. …

The report by the Pew Center on the States found that Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin are also at grave risk …

Gov. Arnold Schwarzenegger estimates California will run a deficit of $12.4 billion to $14.4 billion when he releases his next spending plan in January. The governor warned that the toughest cuts are ahead. …





Video: America Is An Over-Indebted, Profligate, Spoiled Nation In Decline




Public Opinions.







CNBC – Dollar Will be Utterly Destroyed, Global Currency, New World Order

China signalled it will allow its currency to appreciate against the U.S. dollar, bowing to international pressure …

… More worrying to them than a slightly higher yuan, he said, is the prospect of a more precipitous erosion in the value of the dollar, weighed down by U.S. inflation and swelling budget deficits. A falling dollar means China will take hefty losses on those reserves …