Moment Of Zen: Colbert Report: Solutions to America's Financial Worries - World War III
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1. There are "900 bases in 150 countries"
2. From The Economist: Indeed, the one lesson that can be drawn from the data is that today's strategic priorities can shape deployments for decades to come, long after the original reason for putting G.I.s in a particular region has gone.
3. The Daily Show and The Colbert Report Use Humor To Tell Truths
Video proof: Manufacturing jobs have become more specialized requiring less labor and more technical expertise - i.e. small companies making big ticket items such as fighter jets; this means less people are employed, smaller number of people make huge profits and these huge profits make the economy look like its growing when actually its just a few companies making huge profits benefiting a small group of people.
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State today: Manufacturing jobs have become more specialized requiring less labor and more technical expertise - i.e. small companies making big ticket items such as fighter jets; this means less people are employed, smaller number of people make huge profits and these huge profits make the economy look like its growing when actually its just a few companies making huge profits benefiting a small group of people.
So. No jobs. No Manufacturing sector. The housing bubble was fueled by Alan Greenspan's bad policies combined with the worst housing development plan known to man (passed by George Bush)... and that's how you bring down the economy folks! Notice that if the Federal Government didn't have so much power over mortgages and how these mortgages are given out then this housing bubble financial disaster would never have happened. And if Alan Greenspan, with his private bank controlling public interests, hadn't pushed to create policies to move private sector businesses abroad then this job crisis would never have been created.
On top of all that, top controllers allowed the biggest Wall Street scam in history to occur... then bailed them out... then turned on the government for having too much debt!
On the one hand, the debts of private banks and those who own that debt, the bond holders, are being protected from any losses by the publicly funded bailouts. Public debt, on the other hand, at the insistence of the same banks and bond holders we have bailed out, is being paid down at breakneck speed, no matter what the cost in unemployment and the destruction of social services.
This double standard is creating two different groups with very different financial prospects: one group made of the bankers and their bond holders (the financial class), is doing rather well because, by not having to pay off its debts, its wealth – the money to make more money – is being maintained. The other group, the rest of us, find our wealth is disappearing because we are paying off not only our debts but theirs as well. Our welfare, pensions and pay are all being cut in order to appease the bond holders, while the banks and the money they owe us, seems to have almost disappeared from the story altogether. (read more)
Best part is that the 700 billion, no questions asked, TARP bailout was just the tip of the iceberg as the Federal Reserve (again playing God with the US economy) gave out an additional 16 trillion to their close buddies. Notice that the Federal Reserve is a private bank and thus has no oversight. They can do whatever they want to the economy and NEVER have to face elections for this actions, i.e. no consequences! If you have access to a money printing machine and couldn't get in trouble no matter what you did, would you print yourself up some cash? If you could give this money away with no consequences would you give some to your friends? It's just paper, after all.
Extracts for emphasis from the above video timeline
1987 The new Fed chairman, Alan Greenspan, is a believer in Ayn Rand's philosophy -- free-market capitalism means no regulations, no government intervention. Read more
In other words, Alan Greenspan is following UN-CONSTITUTIONAL CAPITALISM
{Constitutional Capitalism} I'm sure there's a place for privatization. The problem with the "Government" messing up projects, for example roads, is corruption. Keep in mind that the government - according to the US Constitution - is for "we the people". When the government is not working for "we the people" we have to put it right. Giving it all to greedy corporations, is just silly... and unconstitutional.
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