Posts tagged fascism
Gary Franchi and Next News Network interview Trends forecaster Gerald Celente covering our current condition and future paths. Topics discussed cover the economy, the power play behind ever expanding wars and the natural resources involved, Wall Street and the government blessing to the “too big to fail” organizations plus the recent gun control moves by the administration and the history behind it all.
By Robert Higgs
Private investment is the most important driver of economic progress. Entrepreneurs need new structures, equipment, and software to produce new products, to produce existing products at lower cost, and to make use of new technology that requires embodiment in machinery, plant layouts, and other aspects of the existing capital stock. When the rate of private investment declines, the rate of growth of real income per capita slackens, and if private investment drops quickly and substantially, a recession or depression occurs.
Such recession or depression is likely to persist until private investment makes a fairly full recovery. In US history, such recovery usually has occurred within a year or two after the trough. Only twice in the past century has a fairly prompt and full recovery of private investment failed to occur – during the Great Depression and during the past five years.
In analyzing data on investment, we must distinguish gross and net investment: the former includes all spending for new structures, equipment, software, and inventory, including the large part aimed at compensating for the wear, tear, and obsolescence of the existing capital stock; the latter includes the gross expenditure in excess of that required simply to maintain the existing stock. Therefore, net investment is the best measure of the private investment expenditure that contributes to economic growth.
As the figure shows, net private domestic fixed investment (a measure that excludes investment in inventories) reached a peak in 2006–2007, declined somewhat in 2008, then plunged in 2009 before reaching a trough in 2010. Although it recovered slightly in 2011, it remained 20 percent below the previous peak, and the pace of its recovery to date implies that another three or four years will be required merely to bring it back to where it was in 2007. With adjustments for changes in the price level, the projected recovery period would be slightly longer. (Using the price index for gross private domestic investment to obtain real values, we find that real net private domestic fixed investment is now at approximately the same level it had attained in the late 1990s.) To understand why the current overall economic recovery has been so anemic, we must understand why net private investment has not recovered more quickly.
Welcome to Capital Account. After its yearlong investigation, the Justice Department said that it will not bring charges against Goldman Sachs or any of its employees for financial fraud related to the mortgage crisis. Is this justice or, as Gerald Celente often says, is this “just us” big bankers getting away with whatever we want?
When arriving home this evening I was overjoyed to find literature from the Mitt(ens) Romney campaign waiting for me. My mind was thrilled at the possible ways that I, a personal freedom loving and Constitutional supporting American could contribute to the cause!
Upon opening the information I find it nicely wrapped in a folded poster promoting Mitt(ens) Romney for us to proudly display. Also was the contribution form, as all candidates supply. I went to work rapidly with the contribution documentation, hoping to hurry and get it in the mail for it’s return trip.
After filling all the required information out, plus a few additions of my own, I find that the enclosed envelope was only wide enough to hold a personal check. Funny how things work out sometimes. Not to be discouraged I fold the paperwork and move to the fold-out sign provided. Quite the slick little sign, but very low budget artwork and design. Romney flew to the EU to gather contributions but no evidence based on the simple sign, oh well.
All documentation is prepared for the travel back to some Romney campaign headquarters located at, oh really, who cares. So I take the “doctored” campaign paperwork, well folded, along the the cut up sign, custom cut to fit the envelope (adding weight) and I begin to stuffing the envelope. Mind you, this IS legal and not related to state GOP leaders helping to stuff ballot boxes!
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Video Content: http://breakthematrix.com
In a stunning move, on March 16, 2012, Barack Obama signed an Executive Order stating that the President and his specifically designated Secretaries now have the authority to commandeer all domestic U.S. resources including food and water. The EO also states that the President and his Secretaries have the authority to seize all transportation, energy, and infrastructure inside the United States as well as forcibly induct/draft American citizens into the military. The EO also contains a vague reference in regards to harnessing American citizens to fulfill “labor requirements” for the purposes of national defense.
Not only that, but the authority claimed inside the EO does not only apply to National Emergencies and times of war. It also applies in peacetime.
The National Defense Resources Preparedness Executive Order exploits the “authority” granted to the President in the Defense Production Act of 1950 in order to assert that virtually every means of human survival is now available for confiscation and control by the President via his and his Secretaries’ whim.
The unconstitutionality of the overwhelming majority of Executive Orders is well established, as well as the illegality of denying citizens their basic Constitutional and human rights, even in the event of a legitimate national emergency. Likewise, it should also be pointed out that, like Obama’s recent Libyan adventure and the foregone conclusion of a Syrian intervention, there is no mention of Congress beyond a minor role of keeping the allegedly co-equal branch of government informed on contextually meaningless developments.
As was mentioned above, the scope of the EO is virtually all-encompassing. For instance, in “Section 201 – Priorities and Allocations Authorities,” the EO explains that the authority for the actions described in the opening paragraph rests with the President but is now delegated to the various Secretaries of the U.S. Federal Government. The list of delegations and the responsibility of the Secretaries as provided in this section are as follows:
In this exclusive 80 minute video interview, legendary conspiracy author G. Edward Griffin explains how his research, which spans no less than 5 decades, has revealed a banking elite obsessed with enforcing a world government under a collectivist model that will crush individualism and eventually institute martial law as a response to the inevitable backlash that will be generated as a result of a fundamental re-shaping of society.
Griffin discusses the similarities between the extreme left and the extreme right in the false political paradigm and how this highlights a recurring theme – collectivism. Collectivism is the opposite of individualism and believes that the interests of the individual must be sacrificed for the greater good of the greater number, explains Griffin, uniting the doctrines of communism and fascism. Both the Republican and Democrat parties in the United States are committed to advancing collectivism and this is why the same policies are followed no matter who is voted in to the White House.
Now more than every we need the Champion of the Constitution & defender of Individual Liberty!
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“The End of America details the ten steps a country takes when it slides toward fascism. It’s not a “lefty”tot tome, rather a historical look at trends in once-functioning democracies from modern history that are being repeated in our country today. It gives any reader (or viewer of the lecture) a much-needed history lesson and constitutional refresher. Most importantly, it puts the recent gradual loss of civil liberties in the U.S. in a historical context. The average American might not be alarmed at AT&T selling our private information to the Bush administration, but when this action is seen as part of a larger series of erosions and events, a pattern emerges with unfortunate consequences that become disturbingly clear.” – IMDB
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Glad the footage from the DC rally included. That was a good day, although very hot, for Liberty!
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For more good reading please check out: The End of America: Letter of Warning to a Young Patriot
In my humble opinion, now more than every we need the Champion of the Constitution!
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Ron Paul on CNN’s State of the Union on American Fascism – Feb 19 2012
Thanks to YouTube user http://www.youtube.com/user/VoteRonPaul12 for this fantastic video!!! It doesn’t get any better than this! Thanks to all of those who ardently support Ron Paul and his quest to restore the Constitution and our Republic! Please donate anything you can to the Paul campaign so we can awaken as many people as we can.
Obama raised more money from the financial industry than any other candidate in American political history.0
A Lesson about Crony Capitalism for the OWS Crowd
Unless you identify your economic enemy correctly, you cannot succeed in defeating him. The typical Occupy Wall Street sap, the radical left’s modern incarnation of the useful idiot, thinks his enemy is an evil Wall Street billionaire.
But Wall Street banking firms did not survive the financial collapse of 2008 — virtually unscathed — by bailing themselves out. With only one major exception (Lehman Brothers), incompetently managed banks were not forced into bankruptcy by the government. Bondholders and shareholders were not told to pick up their crumbs, suffer debilitating losses, and learn their lesson for the next time.
No, the government, the same irresistible and evil force that OWS now wants to manage our entire economy, decided instead to bail out the banks. Taxes paid by the occupiers, or more likely their parents, were looted to accomplish this. The government chose to double down on moral hazard. Goldman Sachs, GE, AIG, and their ilk were unjustly saved and rewarded by the government for their mismanagement, with democrats leading the charge. Democrats voted overwhelming for TARP, while the republicans largely demurred.
The Democrats in government played first economic responder because their power is sustained by the largely Democrat donor base that comprises Wall Street and hedge fund royalty. Virtually everyone on Wall Street comes from same the leftist universe as the occupiers. John Mack, Chairman of Morgan Stanley was a Hillary supporter and fundraiser. Jamie Dimon, CEO of JP Morgan, was an Obama supporter and fundraiser. Wall Street is a leftist Democrat playground , as surely as is San Francisco.
Comrade Obama raised more money from the financial industry than any other candidate in American political history. Indeed, Obama amassed a treasure trove so vast from these and other mega-wealthy donors (like labor unions) that he decided to forego public financing of his campaign, a first for presidential nominees since the system began.