“Congress and the president are again at loggerheads on how to move forward as the government’s money runs out at the end of the fiscal year this month and federal agencies are once again warning employees and preparing contingency plans for a closed government.” – http://www.cnn.com/2013/09/18/politics/shutdown-groundhog-day/
Officials warning to prepare, as the “Debt Ceiling” debate may shut down government.
UNTIL THEY GET WHAT THEY WANT.
In this “Great Recession” economy could government be shut down PERMANENTLY?
Have you ever heard of “unintentional consequences” or “never let a crisis go to waste” or “State Sponsored Terrorism” or “political theater“?
Instability and danger are clearly visible in [this] debt based monetary system. To the extent [institutions] rely upon the fantasies of ever-increasing debt, money printing, and credit bubbles, [expect] more financial collapses. Perhaps a collapse is not imminent, but it would be foolish to ignore the possibility. – See more at: http://www.deviantinvestor.com
From my perspective the economy has not recovered from the 2007 crisis, which was a inflated bubble from previous financially engineered bubbles by the central bank (Federal Reserve). The evidence is clear that the Federal Reserve intentionally inflated bubbles for the great “High Tech” bubble, then the Housing (mortgage-backed security MBS) bubble, and now the bond bubble “QE“…
AN AMAZING CHART HINTS AT SOMETHING SO STARTLING AND SO PROLONGED THAT I IMAGINE IT IS PLANNED OR Ineptly MANIPULATED:
The Labor Force Participation Rate Chart shows ever since year 2000 the Percent of the labor force working has declined consistently and never has returned to its peak!
That startles me and has me thinking either the data is manipulated in a foolish way, or policies are used to intentionally manipulate employment downward…
The USA’s Labor Force Participation Rate has never recovered from the millennium scare (“Y2K BUG“) in 1999!
Globalization policies (Uniform Commercial Code, Commercial law, regulations, oligarchic corporate consolidation, global cheap labor schemes, trade agreements, corporations moving overseas, centralization of authority, central planning…) resulted in this decline of the USA’s Labor Participation.
Corporations are protected by government as Too Big To Fail/Jail (G-SIFI) financial entities.
Catherine Austin Fitts, formerly managing director of a Wall Street investment bank and was Assistant Secretary of the Department of Housing and Urban Development (HUD) under President George Bush Sr.. She calls what is happening to the economy “a criminal leveraged buyout of America,” something she defines as “buying a country for cheap with its own money and then jacking up the rents and fees to steal the rest.” She also calls it the “American Tapeworm” model:
[T]he American Tapeworm model is to simply finance the federal deficit through warfare, currency exports, Treasury and federal credit borrowing and cutbacks in domestic “discretionary” ,spending …. This will then place local municipalities and local leadership in a highly vulnerable position – one that will allow them to be persuaded with bogus but high-minded sounding arguments to further cut resources. Then, to “preserve bond ratings and the rights of creditors,” our leaders can he persuaded to sell our water, natural resources and infrastructure assets at significant discounts of their true value to global investors …. This will be described as a plan to “save America” by recapitalizing it on a sound financial footing. In fact, this process will simply shift more capital continuously from America to other continents and from the lower and middle classes to elites. –excerpted from the book “Web of Debt” by Ellen Hodgson Brown
This is a MUST WATCH presentation by Catherine Austine Fitts!
In common language this is the Mob Boss’ Protection Racket and they have decided to “Shakedown” everyone using their hired/recruited Mercenaries kill with impunity.
They are criminals, with a hidden agenda, in charge of Trusted Institutions.
Remove your Trust, they are Untrustworthy.
More importantly remove your support and assets, TODAY.