Perhaps no economic pronouncement in history has been anticipated, discussed, predicted, dissected, and reported like the Federal Reserve’s momentous decision today not to raise interest rates.
e.g. In 1913 One Dollar bought 4 POUNDS of sirloin steak — Today that Dollar will buy 0.18 pounds of the same steak. That is one of several examples of what happens when our Rulers made our Dollar Fiat.
It won’t take you long to take a look, but it’ll probably take a long time to absorb the real impact on your savings and your life.
It’s almost embarrassing that we did not note and share this article when published over 5 years ago. This article should have been spread far and wide that very day!
This article is not a rant, but excellent insight into the politicians hiding in the shadows and how they control and manipulate the entire government/political scenario.
[Janet Yellen, now chairman of TheFed] has decided … yes, She has decided that a 2% inflation rate is just the answer to our economic troubles. And She has also decided that zero interest rates are here to stay for a while. Yes, She has decided and She has spoken. Praise unto the Federal Reserve Chairperson.
The nonpartisan Congressional Budget Office is acting in a bipartisan way to cover up the biggest single threat to the bipartisan political alliance that is stripping America of its wealth: the United States Congress.
There is no question that the following policy is bipartisan. Democrats and Republicans in Congress
are completely agreed that the following information should not get out to the American people, namely, that the present value of the United States government’s off-budget liabilities is over $200 trillion.
The federal government’s financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.
The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for.
Does it fill you with rage to see your savings and investments dwindle away as the government prints its “funny money” and doles it out to favored friends with political pull, while at the same time using the tax laws to manipulate people into behavior that they would not choose, left to their own devices?
Have you had enough of the socialistic nationalization of our financial, energy, utility, automotive and medical industries?
I apologize for posting the article below in this way, but as yet the website doesn’t quite have it’s act together, yet has good writings.? There are flaws in it’s linking which make it quite impossible to get a link directly to any certain article.? But this brings to us a very important point which […]
By Mike Flynn at Breitbart.com Rather than accept a few billion in budget cuts (read rounding error), President Obama has signaled his willingness to shut down the federal government. (Yah!) For those keeping score at home, any government shutdown that happens is on Obama?s plate. He is the President. All on him. The worst part […]