Wednesday, September 8, 2010

Doublethink Economy

Let ... hours in the last six months between George Bush and Barack Obama, several trillion dollars pumped into our economy was broken. The effect can be seen today is much less for TARP. These effects, as in previous debt must be provided in a nation already over-indebted - have been largely ignored.

Although common sense tells us that not resolve the debt by focusing on more, the general consensus is thatRescue operations are the only solution. The experts (the census) say that at least half the money saved to go to another bank rescue. President Obama said that there was no help for the banks, but for us, because this will help "get credit flowing" again so we can borrow much more! Can you afford to go further into debt? I do not think .... Make no mistake, it is Orwellian doublethink of us.

The good news is that a smaller part of the funding for infrastructure improvements, increasedUnemployment benefits and a modest tax reduction in salary for ordinary people.

After 14th February 2009 article, Bubble Economy 2.0 economist Michael Hudson:

"None of this can now solve the economic problem. The debt overhead far exceeds the economy's capacity to pay. If the banks would actually do what Obama Pres officers are begging to do it and borrow more, would the debt burden even more difficult to purchase and access to housing more expensive.If banks can look with pride that Alan Greenspan as "wealth creation," today we can see that would be less euphemistic terms "creation of debt."

A former analyst with the U.S. Treasury and the author February 25, 2009 writes:

"In fiscal 2009, the Treasury is charged on the line for just over $ 500 billion in interest payments on its existing debt financing. Deficit this year will probably exceed one million dollars. The total weight of debtEconomy as a whole could reach $ 70000000000000 for 2010, with yearly interest payments to individuals, families, businesses and all levels of government probably three billion dollars from a $ 14,000,000,000,000 GDP to reach ' now in sharp decline. "

What happened? The Federal Reserve only ultimately determined and controlled, as borrowed trillions of influence, "we are the people." Rarely Media clarifies that the U.S. federal government activities in the United States and that all centralBanks worldwide are autonomous and not governments, their response! Neither Barack Obama (or any other politician for that matter) is the power system, the impact of reform without money to derail the scheme.

A brief comparison with the Russian Nesting Dolls shows my point: The outer doll contains progressively smaller dolls inside forever. The outer doll (ie, the monetary system) and contains the context for all others;Government, industry, finance, health and medicine, science, agriculture, education, media and religion. Since the artificial primary system in the world, wielding the power of the monetary system of personal interest in all possible forms it contains.

The result? unprecedented amounts of money (credit digital dumping) the economy can no longer prevent the consequences left. mechanical grinding money impartial money (credit) for a basic concept has decreasedValue of money over time by design. Hyper-inflation is on the lips of those who foresee the inevitable. Foreclosures, bankruptcies, layoffs and outsourcing continue could be just the tip of the iceberg, if the development cost of living increases. And if families burdened with more debt and taxes? " Will work alone be enough to stop the tide?

In these times Stranger Than Fiction, not only with how to defend against a possible loss of economic conditionsFreedom, but perhaps more importantly, loss of personal freedom. So I decided to create a list on how to start earning extra money.

Repairs: For shoes, houses, computers, clothes, cars, etc.

Food:
U.S. space yard for a neighborhood garden.
Grow food and sell them at a farmer's market.
Bake sale and homemade bread.
Grow and sell "starter vegetables in a Farmer's Market.
Raise bees and sell theirHoney.

Miscellaneous:
Have a garage sale or sell order on Craigslist.
Consider child care or elderly care.
Working in a hospital as a Certified Nursing Assistant (CNA)
Rent your instrument.
Rent your car garage shop or just fancy stuff.
Rent an extra room in your home.
Rental yard, someone a fifth Wheeler.

I still beat the alternative of an approach to personal finance, this drum heavy on the need to avoidsystemic consequences of personal deficit spending.

"This act (the Federal Reserve Act proved), the gigantic trust on earth ... When the President signs this Act are defined, the invisible government the power of money, money is available Trust Investigation, will be legalized ... The new law will create inflation, when the trusts want inflation ... "MP Charles A. Lindbergh Sr. December 1913

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