Forum Post: The 1% is criminally stealing from The 99% and here is the proof!
Posted 12 years ago on Oct. 14, 2011, 4:05 p.m. EST by NancyLuft
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Please do not believe the LIES that politicians tell you!
Any time our Rich become record breaking rich, we have a GREAT DEPRESSION and this is a GREAT DEPRESSION and our politicians are gelling lies when they call it a recession, a jobless recovery, etc.
Wall Street has controlled our US economy for over three decades and they criminally cooked The US government books to hide this GREAT DEPRESSION.
Reagan's huge tax cuts to The Rich caused them to have too much SURPLUS WEALTH that they used to SPECULATE WITH driving the prices of oil. commodities, etc., sky high to produce ENORMOUS INFLATION. Normally when that happens, we incresase the taxes on The Rich to take that SURPLUS WEALTH from them and bring inflation down. But WALL STREET controlling our economy, decided to keep CHANGING THE WAY INFLATION was being calculated, to criminally understate what inflation is more and more, in order to avoid having to increase the taxes on our Rich to bring that inflation down.
Our US government is now criminally understating inflation by a huge EIGHT PERCENT and that is causing our Gross Domestic Product, that is always adjusted for inflation, to be criminally overstated by a huge FOUR PERCENT ... to intentionally hide this on going GREAT DEPRESSION.
Both REPUBLICAN US PRESIDENTS HARDING AND REAGAN DID THE SAME THING TO CAUSE GREAT DEPRESSIONS, THEY BOTH CUT THE TAXES ON OUR RICH TOO MUCH. The Rich soon ended owning too much, having far too much wealth and income, which made the non rich, who our our huge consuming class so poor that SALES KEEPS GOING TO HELL MORE AND MORE AND OUR ENTIRE ECONOMY KEEPS SHRINKING AND SHRINKING IN A GREAT DEPRESSION. ' We greatly need A FDR STIMULUS PACKAGE to fix our economy. DEMOCRATIC US PRESIDENT FDR told our Rich, who were record breaking rich, that since they refuse to use their money to provide JOBS he would increase their taxes and take that wealth from them and use it to provide job ... so FDR increased the taxes on our Rich to ABOVE NINETY PERCENT and gave that wealth to our non rich to IMPROVE SALES TO CAUSE OUR ECONOMY TO FINALLY GROW AGAIN to end our last great depression.
Please google ... "Behind the falsification of US economic data" ... and please read that article or go to ... http://www.wsws.org/articles/2008/jun2008/data-j02.shtml ... and read it. That article is about a book that was written by Kevin Phillips called ... Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism ... and it will prove that what I am saying is The TRUTH.
Please go to the web site of John Williams ... shadowstats.com ... because he is using THE HONEST US GOVERNMENT STATISTICS. Look at the graphs at ... http://www.shadowstats.com/alternate_data ... got INFLATION and our GROSS DOMESTIC PRODUCT ... they will prove that all I say is The TRUTH.
So why do politicians like Obama, Bloomberg, etc., keep telling horrific LIES and keep saying this is a recession? Well, because no one knows how to fix this huge mess!
You see, INTEREST RATES are the rate of profit that a person cares to make on the money he lends out, PLUS the rate of inflation. Our US government is operating on the level of some sort of organized crime syndicate and criminally defrauding huge amounts of money from everyone it sells its BOGUS US TREASURY BONDS to ... as the interest rate on all of its bonds should be an insanely huge EIGHT PERCENT greater then it currently is. Criminally understating what inflation is does not change what inflation is in reality ... and interest rates must always be greater then what inflation is in reality. John Williams using HONEST NUMBERS says that today the HONEST RATE OF INFLATION is 11.4% ... so the interest our US government is paying on all of its bonds should be MORE then 11.4%. Our government cannot pay that on its insanely huge national debt ... to attempt to un cook its books and pay it would ... CRASH OUT OUR ENTIRE US ECONOMY COMPLETELY.
It is the rich Jews that are destroying the USA. Take a look. Don't believe me. Bloomberg, Schwartz, Lehman, Goldman Sachs, etc. Get it? Jews don't care about the non-chosen people, which we are. We are 99% they are the 1%, but own most of the world now. Look at the U symbol or KSA or K symbols on food. It means it is Kosher. YOU the 99% are paying for their kosher food and they make billions for it because the symbols are patented. They use religion to highjack the food system and we think kosher is better, it is not. They steal our money and do not support anyone but themselves. Again, Wake up America, your freedom is being abused by wealthy Zionist Jews. International Jewry is destroying the world again.
The TRUTH is that our USA has been in a GREAT DEPRESSION since the year 2000 AD. The TRUTH is that the honest rate of inflation has been averaging about TEN PERCENT for over a entire decade now ... which means that the buying power of all non rich Americans' incomes has been destroyed at a yearly rate of ten percent for over a full decade now ... causing the buying power of all incomes of our non rich Americans to be CUT IN HALF from that criminally hidden, but still existing in reality, inflation. The cost of living increases on all Social Security Checks should have been a huge eight percent greater each year since The Boskin Commission met to change the way inflation was being calculated under Pothead Clinton, before then they should have been four percent greater ... so today HALF of the money is now being criminally stolen our of ALL social security checks, including my own that is my only income. Labor unions that have a cost of living increase in their contracts, have that very same problem, their cost of living increases should have been a huge eight percent greater, too.
When Obama, Bloomberg, etc., LIES and call this a receession, what happens? Well, fools who believe them think ... WE MUST CUT THE TAXES ON OUR RICH TO END THIS RECESSSION ... as that is what we always go to end recessions ... and so FOOLS join The TEA PARTY to cut the taxes on our Rich to end this recession.
But the facts all prove this is a GREAT DEPRESSION that is being criminally hidden by our US government having cooked to hell its books beyond a burnt crisp ... and the only way to end this GREAT DEPRESSION is to do what FDR did, INCREASE THE TAXES ON OUR RICH TO ABOVE NINETY PERCENT ... that will take that SURPLUS WEALTH from them and bring inflation down so those government books can be un cooked.
Yes if you look at the graph at ... http://www.shadowstats.com/alternate_data/gross-domestic-product-charts ... the blue line on it that represents our HONEST GROSS DOMESTIC PRODUCT ... you see our US economy has been shrinking in A GREAT DEPRESSION since the year 2000 AD ... all except for one quarter due to that very first stimulus package that Dumbo Bush did that got paired with a huge increase in his military spending that stimulated our economy. This on going GREAT DEPRESSION has now lasted longer then our last one and is much worst.
Plus if you study this huge problem, you will learn ... OUR ENTIRE BANKING SYSTEM IS WORKING IN REVERSE ... and that is why our banks must change those insanely huge fees in order to prevent themselves from going bankrupt. Banks should pay out their money on deposits and make money when the loan out their money. Today all of our banks earn money when people deposit money into them and they lose money when they lend out their money ... and since they lend out ten times more then they have on deposit, the keep losing ten times more money then they are earning! That is what happens when our US government criminally understates what inflation is by an insanely huge eight percent, our US government causes our entire BANKING SYSTEM TO BE WORKING IN REVERSE. That is the real reason our banks do not care to lend out their money.
The TRUTH is that our USA has been in a GREAT DEPRESSION since the year 2000 AD. The TRUTH is that the honest rate of inflation has been averaging about TEN PERCENT for over a entire decade now ... which means that the buying power of all non rich Americans' incomes has been destroyed at a yearly rate of ten percent for over a full decade now ... causing the buying power of all incomes of our non rich Americans to be CUT IN HALF from that criminally hidden, but still existing in reality, inflation. The cost of living increases on all Social Security Checks should have been a huge eight percent greater each year since The Boskin Commission met to change the way inflation was being calculated under Pothead Clinton, before then they should have been four percent greater ... so today HALF of the money is now being criminally stolen our of ALL social security checks, including my own that is my only income. Labor unions that have a cost of living increase in their contracts, have that very same problem, their cost of living increases should have been a huge eight percent greater, too.
When Obama, Bloomberg, etc., LIES and call this a receession, what happens? Well, fools who believe them think ... WE MUST CUT THE TAXES ON OUR RICH TO END THIS RECESSSION ... as that is what we always go to end recessions ... and so FOOLS join The TEA PARTY to cut the taxes on our Rich to end this recession.
But the facts all prove this is a GREAT DEPRESSION that is being criminally hidden by our US government having cooked to hell its books beyond a burnt crisp ... and the only way to end this GREAT DEPRESSION is to do what FDR did, INCREASE THE TAXES ON OUR RICH TO ABOVE NINETY PERCENT ... that will take that SURPLUS WEALTH from them and bring inflation down so those government books can be un cooked.
Yes if you look at the graph at ... http://www.shadowstats.com/alternate_data/gross-domestic-product-charts ... the blue line on it that represents our HONEST GROSS DOMESTIC PRODUCT ... you see our US economy has been shrinking in A GREAT DEPRESSION since the year 2000 AD ... all except for one quarter due to that very first stimulus package that Dumbo Bush did that got paired with a huge increase in his military spending that stimulated our economy. This on going GREAT DEPRESSION has now lasted longer then our last one and is much worst.
Plus if you study this huge problem, you will learn ... OUR ENTIRE BANKING SYSTEM IS WORKING IN REVERSE ... and that is why our banks must change those insanely huge fees in order to prevent themselves from going bankrupt. Banks should pay out their money on deposits and make money when the loan out their money. Today all of our banks earn money when people deposit money into them and they lose money when they lend out their money ... and since they lend out ten times more then they have on deposit, the keep losing ten times more money then they are earning! That is what happens when our US government criminally understates what inflation is by an insanely huge eight percent, our US government causes our entire BANKING SYSTEM TO BE WORKING IN REVERSE. That is the real reason our banks do not care to lend out their money.