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September 8, 2011

Sen Sanders "I've Got A Problem… You Really Want To Divert Tens Of Billions From Social Security?"

Filed Under: Opinion Tagged With: corporate tax loopholes, creation of jobs, Economic meltdown, jobs, jobs program, Keith Olbermann, progressives, rebuild infrastructure, save middle class, Sen Sanders, Social Security, tax reform

August 25, 2011

In An Unsustainable System, A Warning of Collapse An excerpt from Bob Chapman's weekly publication

August 24, 2011

by Bob Chapman, International Forecaster

The meaning of the social security and medicare cuts, the continuing influence of the Council on foreign Relations, no real Consumer Price Index to go by, Euro zone not fully aware of the problem they have, a massive exposure for them, extended and unpayable debt,

We do not believe that Americans, particularly elderly Americans, understand what the elitists are up to in regard to Social Security and Medicare. The Council on Foreign Relations and the Peterson Foundation has for years been working on plans to terminate Social Security and Medicare. Cuts in these paid for programs were impossible to get through Congress. Thus, the ruse was born of getting around Congress. A flash issue was raised regarding a short-term debt extension that could have been passed in 15 minutes that demanded budget cuts for passage. In that process the Obama Enabling Act was formulated, patterned on the German Enabling Act passed in 1933 by Adolph Hitler. It allows a 12-person panel to bypass Congress regarding legislation. The changes are made in this committee and cannot be debated or amended and must be voted on via a straight up and down majority vote. While this was transpiring, as part of the plot, Standard and Poor’s downgraded the US debt rating based upon there not being large enough cuts in what Congress likes to call entitlements, which are not entitlements, but paid for benefits. The reason for the cuts is that both benefits trusts are broke, all the funds having been spent on other things over the years. S&P said that if major cuts are not made that they would cut the US debt rating again in November. Thus, you can understand the framework and what the elitists have paid the committee and Congress to do. The committee takes all the heat upon passage and Congress generally gets off the hook. [Read more…]

Filed Under: Opinion Tagged With: banks?, Bob Chapman, Default, Depression, Economic Collapse, economics, Elderly, Euro default, European Union, Eurozone, Federal Reserve, Fractional Banking, Goldman Sachs, Greece, Inflation, International Forecaster, JP Morgan, medicare, Senior Citizens, Social Security

July 8, 2011

New Report: Estimated cost of post-9/11 wars: 225,000 lives, up to $4 trillion

New report by scholars with the Eisenhower Research Project at Brown University’s Watson Institute for International Studies –

PROVIDENCE, R.I. [Brown University] — Nearly 10 years after the declaration of the War on Terror, the wars in Afghanistan, Iraq, and Pakistan have killed at least 225,000 people, including men and women in uniform, contractors, and civilians. The wars will cost Americans between $3.2 and $4 trillion, including medical care and disability for current and future war veterans, according to a new report by the Eisenhower Research Project based at Brown University’s Watson Institute for International Studies. If the wars continue, they are on track to require at least another $450 billion in Pentagon spending by 2020.

Read the entire report by clicking HERE

Filed Under: Opinion Tagged With: 2012 budget negotiations, 9/11, Amy Goodman, Budget negotiations, conservative estimation of 55 lives lost since 911, Debt ceiling, DemocracyNow, Empire Building, federal budget, Iraq and Pakistan, medicaid, medicare, Military budget, Social Security, T-Room, the t room, the true cost of war, the true cost of wars in Afghanistan, WAR IS costing $4 TRILLION, War on Terror

March 10, 2011

Stealing from Social Security to Pay for Wars and Bailouts

By Paul Craig Roberts
March 10, 2011

The American Empire is failing. A number of its puppet rulers are being overthrown by popular protests, and the almighty dollar will not even buy one Swiss franc, one Canadian dollar, or one Australian dollar. Despite the sovereign debt problem that threatens EU members Greece, Ireland, Spain, and Portugal, it requires $1.38 dollars to buy one euro, a new currency that was issued at parity with the US dollar.

The US dollar’s value is likely to fall further in terms of other currencies, because nothing is being done about the US budget and trade deficits. Obama’s budget, if passed, doesn’t reduce the deficit over the next 10 years by enough to cover the projected deficit in the FY 2012 budget.

Indeed, the deficits are likely to be substantially larger than forecast. The military/security complex, about which President Eisenhower warned Americans a half century ago, is more powerful than ever and shows no inclination to halt the wars for US hegemony. [Read more…]

Filed Under: Opinion Tagged With: Afghanistan, American Empire, Corporatism, Cost of War, Disappearing Middle Class, Disparity between the wealth and the poor, Dollar Collapse, Failing American Empire, fascism, Gold, GOP, Iraq, Military/Industrial Complex, Military/Security Complex, Paul Craig Roberts, President Obama, Shrinking tax base, Silver, Social Security, Speaker Boehner, Trade Deficits, Unemployment Rate, US Budget

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