Overnight the US has gone into an economic boom. Come to find out we were never in a recession. Stocks are soaring, unemployment is down, and the quarterly GDP came in at a staggering rise of 2.5%. Who in the hell do they think they are fooling with this crap? The quarterly GDP is up for the same reason it goes up every time this year. We call it the harvest.
One year ago they were pushing this same lie and we were calling it a lie, because it is a lie. The propagandists are saying that unemployment is down in spite of the fact that this week there were 402,000 new jobless claims. The number of laid-off workers receiving benefits dropped to 3.65 million, the lowest level in three years. The propagandists are trying to say that a whole bunch of long term unemployed went back to work in the same breath that they are saying that there were 402,000 new jobless filings.
The number of people drawing unemployment long term dropped because hundreds of thousands more long term unemployed ran out of benefits. Again, who in the hell do they think they are fooling?
And why did the stock market shoot up? Because sixteen European countries bailed out the banksters in Greece to the tune of 110 billion Euros, which is equivalent to $155.57 billion. Think about it. Do you really believe a measly $155 billion is all it would take to fix our economy? Not to mention the fact that the $155 billion went to Greece. Stocks shot up because the banksters just pumped another 155 billion debt dollars into the system.
Also consider the fact that Obama wants $400 billion in stimulus for his jobs bill and even the Demoscums are saying this measly $400 billion is not enough to fix anything. Again, who in the hell do they think they are fooling?
Well I’m going to tell you who in the hell they think they are fooling. Those among us still fortunate enough to be employed have $3 trillion tied up in 401Ks and mark my words; the international corporate mafia is coming for them.
There is a parade of economists throughout the mainstream propaganda machine, speaking in unison and saying it is time for everyone to invest, you know like they were pushing people to invest back in 2008 when these very same economists, who lost not a dollar in the collapse, bought up those bad derivatives with people’s 401Ks. After which those 401Ks lost everything.
Well there are still $1000 trillion worth of those bad derivatives floating around out there in cyber space and these corporate thieving investment advisers are getting ready to buy $3 trillion worth of them with the last retirement accounts left in the US. And if the people who own those retirement accounts are stupid enough to let them do it, all we can do is sit back and watch.
Bank stocks began to soar when this $155 billion was injected, not because a measly $155 billion can even cause an effect, but because of the $3 trillion that these banks are going to make in profits when they cash out those 401Ks. They used the $155 billion to run the stock market up a few hundred points, which we all know can be lost in a single afternoon.
We must realize this has been set up on a wide scale. Before those holding the 401Ks can even think the situation through, their money is going to be dumped into this market, and oh yes, it is going to go up because we are talking real wealth now. And then while those who have already been wiped out suffer through another winter, those who still had something left are going to watch it disappear. Those foreign bank accounts where the corporate profits are stashed around the world are going to get even fatter.
And then, what do you know, a double dip housing bubble collapse, more massive job losses, hundreds of thousands more foreclosures, tens of thousands more small businesses wiped out, and while all this is occurring, the corporate elite will be making record profits because their profits are the theft.
Anyone who buys into this bullshit deserves what they get. As for the rest of us who have already been screwed, well Merry Christmas, because the rest of this year is only going to get worse. There are not going to be any jobs, in fact corporations will continue to export our jobs to make even more profit on top of the $3 trillion they are stealing from the 401Ks.
Well I’m going to go puke now while there is still some food in my stomach. I promise you by next Spring, we are all going to have the dry heaves and I’m going to be pulling this article out to tell you, “I told you so” just like I’m going to pull out an article I wrote last November. Read this article and think about what has occurred in the year since it was written and then take a good long minute and ask yourself if you are going to buy into any of this bullshit they are telling us today.
God bless this Republic, death to the international corporate mafia, we shall prevail.