A dramatic lowering of interest rates and massive government spending cannot improve the bottom line of the economy (the individual’s ability to produce more and better-quality goods). Such policies can only redistribute real wealth from wealth producers to wealth consumers. FULL ARTICLE
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3 comments ↓
Is that a trick question?
how’s this for the easy answer……nope.
I think the only thing he can do with all these new aggressive policies is put off the total collapse, only making it worse when it eventually happens.
I think the solution is simple. Stop spending hundreds of billions of dollars waging wars on peasants around the world, just to get their oil or other natural resources, cut the Pentagon’s bloated budget down to what is needed for a small defense force and put the money and the factories to work rebuilding the United States. Then we might have a working middle class again; we might have hope instead of despair and fear-mongering. But, who listens to We the People?
Instead, the Fed Chairman is teling Congress
http://www.globalresearch.ca/index.php?context=va&aid=13873
that we must have austerity, that they must get rid of all social programs such as Social Security and Medicare and Aid to Education. Not a word from him about cutting military spending, the Carlyle Group might protest.
No, I fear that the banksters and the Wall Street gambling addicts are firmly in charge and whomever their puppet of the moment is, he or she will dance to their tune, or get their strings cut.
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