Blowing Up DC: Budget Battle Rages While Bankers Call For Retirement Cuts For Workers So They Can Be Richer

 

Pentagon duped the nation for years with phony repatriation ceremonies where fallen soldiers were walked off planes that can’t even fly after sitting in a lab for months: The return of the remains of soldiers from past wars was faked for photo ops.  Under Bush and Cheney, all returning dead from their several wars against Muslims were returned to the US in secret.  It was illegal to photograph these corpses being returned.  They were not mentioned in the news, either.  No death counts for several years.  During the hiatus, the US media didn’t say nary a peep.

 

No outrage.  The vast public was told by Bush, Cheney and our media literally to ‘go shopping,’ and to have fun during a war.  9/11 was to be dealt with by giving out tax cuts, loosening credit so debt interest was below the rate of inflation and the entire cost of these two trillion dollar killing sprees were supposed to be paid for via a booming economy that never paid enough taxes to pay for these wars which were put on the national credit card.

 

On top of all this nasty stuff, the US then began running massive, epic, historically through the roof trade deficits.  All collection of tariffs were dropped so US jobs flowed rapidly overseas while the government relied mainly on tax revenues from the working middle class as the rich ditched paying even small taxes by being allowed to park their wealth offshore.  All offshore profits from moving jobs there were not taxed at all, and this double whammy hit our country like a ton of bricks and now we are heading towards eventual bankruptcy.

 

Except the GOP has decided to bankrupt us now.  As we rush towards premature bankruptcy, we must remember that virtually no one who really did the Wall Street crimes were punished:  Fired by the New York Fed for refusing to change results of Goldman Sachs conflict-of-interest investigation: Sacked regulator sues saying her career is in tatters because whistleblowers are persecuted here.  Goldman Sachs owns the Federal Reserve and our government.

 

Malala Yousafzai tells Obama drone strike fuel terrorism at a photo op at the White House.  Our government is collapsing because of war debts that the rich have zero intention of paying at any time in the near or distant future and our drone murders continue unabated and Congress, working for AIPAC, has voted to NOT sequester funds for overseas warmongering so all our busy fun activity fighting Muslims and encouraging Japan to confront China over some islands continues totally uncurbed.  Now I think this delightful, brave young woman deserves the Nobel Peace Prize.  Which Obama could have handed her than and there at the White House.

 

In the US, after two years of near zero inflation rises for Social Security which has hit me very hard as food inflation raged, this year it is 1.5% due to computers being cheap due to them being built 100% overseas with cheap labor mainly in Asia.  Since shipping jobs overseas means cheaper goods here, only things for survival such as food have severe inflation and this hits the elderly very hard.

 

Fake inflation stats used to deny retirees and elderly funds is rampant in the first world economies as is offshoring jobs.  One elderly recipient of public funds in England is not treated this way as the Queen is given a ‘pay-rise’: Her Majesty to receive 22% increase over next two years.  You see, her son had a baby and this required spending a lot of money rebuilding and decorating palaces for the infant!  Raise retirement age again ‘to save British economy’: IMF warning over crippling cost of pensions because, like the US, England offshored many many jobs, the national debt will be 135% of national income if retirees don’t work for another ten years.

 

The US is told the same thing!  We offshored our jobs and waged war with no taxes on the rich and don’t collect tariffs anymore and this translates into working more years and getting no inflation rises!  The bankers at the IMF are complaining about a ‘longevity risk’ meaning, we won’t die at a convenient age like at age 65.  We are supposed to work and then die!  This is due to fewer workers and lower wages meaning no money for retirees.  Which was caused by free trade but the greedy bankers at the IMF won’t say that.  Then there are the proposed energy taxes designed to save our planet and burden the working class and retirees even more in first world nations.

 

When the retirement pensions began after WWII in Britain, the retirement age was set at 65 for men and the death stats for these working males was…66.4 years so they got on average less than 2 years retirement!  Wonderful!  Now, they live for another 10 whole years, a catastrophe for the bankers, the Crown and all rich people everywhere who hate the idea of these working stiffs getting to have fun for a few years.

 

‘The solvency of private financial and corporate institutions are exposed to longevity risk’ which is the IMF way of saying, ‘If you retire, we will lose money for ourselves! Oh, the agony!’

 

Back to the real reason we are going bankrupt, Egypt, Israel Lash Out Over US Military Aid Cut to Junta because we bankroll the bastards ruling the Middle East.  They want their money now and Congress will vote to restore the funds once this fight to eliminate Social Security ends.  And of course, all of this doesn’t matter because according to computer programs run by global warming people we are all doomed and then…Will life on Earth end on March 16 2880? Scientists predict giant asteroid will collide with our planet at 38,000 miles per hour so we should just give  it all up and die now so the richest people on earth can party in peace before being blown to smithereens.

 

Blowing up reminds us that the Owners of exploding fertilizer plant in Texas that killed 15 people face only $118,300 in fines for safety violations.  Texas is the home base of the guys trying to blow up our government and economy.  Seeing how no one is punished for blowing up stuff, it shouldn’t surprise us to see them do this.

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13 Comments

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13 responses to “Blowing Up DC: Budget Battle Rages While Bankers Call For Retirement Cuts For Workers So They Can Be Richer

  1. melponeme_k

    Did you see 60 Minutes the other night? They had a story on Detroit. Huge swaths of former city homes and suburbs are rapidly turning into farmland. They are now in the process of stiffing city workers out of their pensions. All so the rich won’t have to pay taxes.

  2. DeVaul

    A “freak” winter storm killed 10,000 head of cattle out west this past weekend, according to “meteorologists”. I like how the term “freakish” is used. It is only “freakish” if the blizzard happens in June, July, or August, not in the Fall or Spring, as this always happens over time.

    The cattle froze to death in a matter of hours — or less. They did not roast to death even though there was a severe drought last year. No, they froze together in groups where they had gathered to stay warm. Sad.

    I am putting my money on Mini-Ice Age, not global warming.

    The sun IS a variable star, just like an out-of-control nuclear power plant is.

  3. Petruchio

    I can recall reading–in the early 2000’s–how the Pentagon was still using computers from the late 1980’s to track their budget. I remember thinking even at the time,”They do this so they can swindle money out of their budget and then blame it all on outdated accounting systems”. Of course, the topper of all time is when Donald Rumsfeld announced that $2.3 Trillion was “missing” from the Pentagon budget. Coincidentally, “Rummy” announced this on September 10th, 2001.

  4. Pingback: Blowing Up DC: Budget Battle Rages While Bankers Call For … | Radio Slot Network

  5. DeVaul

    I remember that, but did he really announce this on September 10th, 2001?

  6. @DeVaul,

    Yes. And he gave a big uplifting speech about privatizing the military at the same time. Then we all conveniently never heard about it again.

  7. Luc

    DeVaul, I read that as well…dunno if its true.

  8. Investors On Monday, October 14, 2013, World Stocks, VT, The BRICS, EEB, Emerging Markets, EEM, Global Financials, IXG, and Risk Assets, such as RZV, TAN, BJK, PBD, DBU, PSCI, IAI, IST, SLX, and XSD, seen in their ongoing Google Finance Chart, traded higher on a still rallying Euro-Yen currency trade, and a still rallying Australian Dollar-Yen currency trade.

    The Yahoo Finance chart of the EUR/JPY, and the Google Finance Chart of the EUR/JPY, and the Forex Trading chart of the EUR/JPY, and FXStreet chart of the EUR/JPY, show a close slightly higher at 133.70. And, the Yahoo Finance chart of the AUD/JPY, shows a close strongly higher at 93.56, as the Australian Dollar, FXA, traded strongly higher. This as Ryan Vlastelica of Reuters reported Stocks ended a volatile session with modest gains as investors bet that there would soon be a deal in Washington to increase the debt limit, though there were no obvious signs of progress.

    The risk-on trade, propelled the Risk-Off ETN, OFF, lower, and blasted the Small Cap Pure Growth Stocks, RZG, to a new rally high.

    Small Cap Energy, PSCE, Energy Production, XOP, Energy Service, IEZ, and OIH, rose to new rally highs.

    The National Bank of Greece, NBG, and Spain’s Banco Santander, SAN, rose taking, Greece, GREK, Italy, EWI, and Spain, EWP, as well as the Eurozone Stocks, EZU, higher.

    Emerging Market Financials, EMFN, rose taking the Emerging Markets, EEM, higher.

    Far East Financials, FEFN, rose taking Asia Excluding Japan, EPP, higher.

    Argentina Banks, BFR, GGAL, BMA, rose taking Argentina, ARGT, higher.

    India Earnings, EPI, that is HDB, IBN, rose taking India, INP, SCIN, higher.

    China Financials, CHIX, rose taking, China Industrials, CHII, higher.

    Brazil Financials, BRAF, that is BBDO, BSBR, ITUB, rose taking Brazil, EWZ, higher.

    Australia’s Westpac Banking, WBK, rose taking Australia, EWA, and Australia Small Caps, KROO, higher.

    South Korea’s Banks, SHG, WF, and KB, rose taking South Korea, EWY, higher.

    The Too Big To Fail Banks, RWW, rose taking US Stocks, VTI, higher.

    Ultra Junk Bonds, UJB, and Junk Bonds, JNK, rose on risk-appetite, but a rise in the Interest Rate on the US Ten Year Note, ^TNX, to 2.69%, weighed on Aggregate Credit, AGG, taking the Zeroes, ZROZ, the 30 US Government Bonds, EDV, and the US Ten Year Note, TLT, lower.

    Please consider the New Testament concept of dispensation, that is Jesus Christ acting in the economy of God, specifically acting in dispensation, that is in the administration of all things economic and political, a concept presented by the Apostle Paul in Ephesians 1:10 to oversee the completion and fulfillment of Liberalism’s age of investment choice, and policies of credit liquidity and carry trade investing; where the Milton Free To Choose, Floating Currency, Banker regime, based upon the sovereignty of democratic nation states, has provided seigniorage, that is moneyness, through the speculative leveraged investment community, consisting of the Too Big To Fail Banks, RWW, the Investment Bankers, IAI, the Asset Managers, such as Blackrock, BLK, and Eaton Vance, EV, as well as through Stock Brokers, IAI, producing a moral hazard based peak prosperity.

    Yes through His empire building process, He has produced the US Dollar Hegemonic Empire that spans the globe, as the best example of a kick ass government. Jesus has always been efficient in producing kingdoms, and Liberalism is at its zenith with banking and nation state despots, ruling at will.

    the exhaustion of the US Fed’s monetary policies of easing, which came as the provision of QEternity constituted a crossing of the Rubicon of sound monetary policy, and the development of fears of a default on US Treasury debt, stemming from political inability to arrive a budget resolution, destabilized global economics and pivoted the world from liberalism’s Banker regime of democratic nation states, into authoritarianism’s Beast regime of regional governance and totalitarian collectivism, as presented in Revelation 13:1-4.

    Liberalism was the era of investment choice based upon credit and carry trade investing.

    In contrast, authoritarianism is emerging as the era of diktat based upon debt servitude, where there are no central bank monetary policies providing rewards for investment choices, only regional nannycrat policies of diktat, establishing debt servitude and totalitarian collectivism.

    All those living in the Euroland, will have economic experience in statist public private partnership mandates, coming largely out of Brussels and Berlin. The Irish, Greeks, Italians, and Belgians cannot be Germans, yet all will be one, living under the word, will, and way of sovereign regional technocrats. Poverty and austerity is the object of the Lord’s new endeavor.

    Authoritarianism features the Beast Regime, where leaders will meet in summits and workgroups to waive national sovereignty and establish regional pooled sovereignty, as the The First Horseman of the Apocalypse, that is the Rider on the White Horse, who carries the bow yet without any arrows, Revelation 6:1-2, is effecting coup d’etat globally to transfer the baton of sovereignty, from democratic nation states to nannycrats, as they rise to rule in regional governance and totalitarian collectivism.

  9. larry, dfh

    Dov Zakheim was the Comptroller of the Pentagon at the time. You can put the pieces together.

  10. Ziff house

    2880??

  11. Now I think this delightful, brave young woman deserves the Nobel Peace Prize.

    You are aware that Malala has been disowned by her school, she was never from the Swat region. In Pakistan she is a pariah. Dont believe me the read this here

  12. DeVaul

    @theyenguy

    I have a suggestion for you. You really need to write a book and save these long screeds for it instead of giving them out for free. You could make a small fortune amoung the Warren Booffay followers. I’ll even give you a title for it — free of charge:

    “The Book of Moses: Predictions Regarding the Dow Technicals and Stop-Sell Orders”

  13. JimmyJ

    …or he could start a blog.

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