There are a handful of exceptions in history, but those aside, one of the safest generalizations one can make, is that governments lie. Why do they lie? Simple; because they are afraid of how the public might react if they knew the truth. Governments are often composed of men with a strong sense of self-interest, and an even stronger sense of self preservation. This drives them to put their own agendas over the wellbeing of the people they are supposed to serve. And, if it’s safe to bet that governments lie, it’s an even safer bet that international bankers, who have no principled ties to any country, lie more!
During the Great Depression, government officials, mainstream financial analysts, and global bankers, released press notices and interviews every year for over a decade, all claiming that “recovery” was just around the corner, that good times were back again. Then, we witnessed a world war. A third of the planet was leveled, but America (unlike most countries) came out with its industrial base still intact, and so, we called it a recovery (actually just a reallocation of world assets into one of the few un-scorched nations left) and happily skipped on our way towards the comparably decadent 1950’s.
Today, we face a far more dangerous scenario than the Great Depression ever was, but the strategy of skewed statistics and denial by the elites has remained pretty much unchanged. Unsupported talk of recovery fumes from every word and every pore of the establishment media, and the investment community to some extent has even been convinced that if they “wish” for recovery hard enough, if they think happy thoughts, it will materialize, all without any effort, any sacrifice, any suffering, like magic. Unfortunately, fairy dust and fiat alone are not going to undo the slowly accumulated damage that our economy has sustained for the past several decades. Below, are the reasons why…
Employment Near Great Depression Levels
In the past week, the Obama Administration has preemptively claimed victory on two fronts; a military pullout in Iraq, and the American economy (and conveniently right in time for Labor Day I might add). Of course, he “exaggerated” the pullout in Iraq. There are still 50,000 troops on the ground, and the troops he did pull out are merely being replaced with private mercenary contractors like those from Blackwater. So, in Iraq, nothing has changed.
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