The bankers declared war against America along time ago. I am certain that this January Financial Cliff will be used to crash the US and world economy. The bankers will be pushing us off that cliff. America will go splat when it hits the ground early in 2013.
The real problem is the total amount of private and public debt is the highest in 500 years. This means we are headed to the Greatest Depression in 500 years if we do not cancel tens of trillions of dollars in Unpayable Debts.
A lot of companies have been announcing lay offs so they can meet the demands for increased healthcare costs under Obamacare which was written by the Insurance industry. Even before the elections employers are cutting back on the number of hours worked. 25% of all Americans are either at or below the poverty line. Lowering wages plus raising taxes and healthcare costs will just make things worse.
In fact the Banker Occupied Government in Washington has done everything it can do to increase cancer rates as well as several other diseases a few thousand percent. Some have noted that the viruses deliberately added to vaccine induced cancers were designed to be triggered when the person under assault by Big Pharma reached the age where hormones levels declined. That way we would reach our peak earning careers so we could afford with our insurance carriers to pay out a few hundred thousand dollars before we die. But those vaccines, food additives, GMO food and High Fructose Corn Syrup are also causing other health problems ranging from allergies and neurological disorders to liver disease. 10% of all American teenagers will develop liver disease by their 19th birthday due to GMO High Fructose Corn Syrup.
This combination of poor health, high unemployment, lower wages and rising taxes and healthcare costs is brewing a perfect storm that will soon hit the Iceberg of Unpayable Debts. The Banker Occupied Government tells us that there is a combination of Austerity cuts and higher taxes that can save us. The Congress was going to vote to raise the US debt ceiling but Senator Reid says that will be postponed until January. There has been a lot of talk about raising the capital gains tax and the inheritance tax. Most of these taxes are a tax charged against you because Ben Bernanke and Alan Greenspan before him were printing too much money. The problem with uncertainty on this scale is that there are only a few weeks until the end of 2012. That is not much time to sell before everyone sells and you take a beating in the markets. Apple is already down 20% from its high.
I once wrote about Austerity cuts and why they will not work. We can see what is happening in Greece, Spain and the UK. Those riots headed our way. If you add to taxes people will have less to spend and to save. If you cut permission and benefits, you will have less to spend. Who would borrow money to expand their business if they knew their customers would have less to spend next month than this month? And who would hire more workers when healthcare costs on employers is about to become punitive? The point is that GNP on the equals the total of Consumer Spending + Investment + Government Spending. So on the spending side of the GNP accounts equation any cut to Government Spending on the right hand side of the equation must be balanced by an equal cut to the GNP. Currently GNP is contracting at about 6% a year which is to say that the nominal growth in GNP when devalued by rising prices the real economy is declining at about 6% a year.. What Wall Street wants us to do is to cut spending and raise taxes so the GNP contracts at 7 or 8% instead of 6%.
On the other side of that GNP equation the income side: GNP equals Consumer Income + Savings + Taxes. Wall Street says raises taxes and add to GNP. Not so fast. If your taxes are raised, your spendable income is lowered. And with these low interest rates which are severely negative if you factor in the real inflation rate of 10% you are looking at a structurally weak economy. We have trillion dollar deficits built into the system for as far as the eye can see..
The only solution is to cancel all government debts and cancel $20,000 in personal debts for all adult citizens to be funded by asset seizures. Instead of a rational solution the bankers want to continue this current system which allows them to collect interest on money they created out of nothing. The other reason why they will not allow reform is that the bankers want America to go splat in 2013. They want you Dead.
The Democrats are talking about passing the UN Small Arms Treaty and seizing our automatic rifles and handguns. That would start a civil war. They also want to pass Amnesty for illegal aliens. That would create a massive influx of illegal aliens to apply for amnesty at a time when there are no jobs and benefits are being cut. Combine these events with the greatest economic collapse in 500 years and a natural disaster and you will have nationwide food riots. Do not forget that The CIA is a business partner of the Sinaloa drug cartel and that the Mexican drug cartels have 250,000 employees in America. There are a total of 1.4 million gang members in America. The federal government has been shipping drugs and guns into the big city gangs which makes them even more powerful. When the nationwide food riots begin, all of those gang bangers will be ruling and ruining our major cities.
When the cities are destroyed, it will be too late. What we need now is drug legalization to break the gangs and Debt Cancellation to stop the Depression. This will not be likely to happen without a military coup that could arrest bankers and do asset seizures worldwide to fund it all.
Notes: $43 Trillion + $36.5 Trillion + 1 Computer Virus = 1 Big Fraud
https://vidrebel.wordpress.com/2012/11/07/43-trillion-36-5-trillion-1-computer-virus-1-big-fraud/
Video: The Sinaloa Mexican Drug Cartel Is A CIA Subsidiary
https://vidrebel.wordpress.com/2012/11/01/video-the-sinaloa-mexican-drug-cartel-is-a-cia-subsidary/
Memo To Pentagon: Compare The Invasion Of Lichtenstein And The Cayman Islands To War With Iran And Syria
501 (C) (3) Judeo-Christianity Has Lost The Magic Of Love
https://vidrebel.wordpress.com/2012/11/05/501-c-3-judeo-christianity-has-lost-the-magic-of-love/
Bad Signs On The NWO Highway Of Death
https://vidrebel.wordpress.com/2012/10/27/bad-signs-on-the-nwo-highway-of-death/.
Video Rebel's Blog 
I don’t get that the debt is the highest in 500 years?
America didn’t excist then…
That is the total debt of the world. It is a quote from Professor Steve Keen who champions Dent Cancellation. We will have the worst Depression the world has seen in 500 years because there is more debt to cancel than anytime in 500 years. I will correct that. Please look at this.
This Is Your Final Warning: The Worst Financial Disaster In 500 Years Is Nigh
https://vidrebel.wordpress.com/2012/09/14/this-is-your-final-warning-the-worst-financial-disaster-in-500-years-is-nigh/
Pingback: The Bankers Will Be Pushing You Off That Cliff In January | RevolutionRadio.org
Reblogged this on Dogma and Geopolitics.
The financial stuff is a give in. It’s going to happen no matter what part of the world you live. And debt cancellation is the only way out…There is one more way out but most can not or will not or do not want to think about it and that is death. What’s up with the Russian’s? That infamous little hot mic thing with the Prez Obama and what was his name from Russia and Obama telling him to tell Putin to wait until after he was re-elected???? Are the Russian’s really in the USA waiting to……What? Help in the confiscation of arms??? Take people to the camps? Attack Washington? What???? What back room deals were made with the Russian’s?
Love your stuff, Horse! Hard to comment, though. Don’t do facebook or twitter.
I don’t do facebook or twitter. But there a few people who do promote me over there.
By golly my comment made it on here! I’ve tried to comment on many articles Horse but wordpress usually acts all funky. I am amazed the comment did get on here.
Like when you say military will take care of what ails this country. I tend to agree. I know too many ex-military patriots who really want to do something about the banksters and the politicians they own. Most are Ron Paul supporters and/or wrote in Ron Paul on election day.
“And with these low interest rates which are severely negative if you factor in the real inflation rate of 10% you are looking at a structurally weak economy.”
How would higher interest rates make things better for people? Higher interest rates means an accelerated collapse schedule. Is that good? We can’t pay the interest they demand now, thus our fiscal problem. Please think things through. Search for PfMPE.
I want to change the structure of things completely through Debt Cancellation, ending fractional reserve banking and by issuing a non-interest bearing currency. U am not advocating higher interest rates. We are seeing negative real interest rates, because all the money is being created to push up asset prices and to transfer wealth from us to them. PfMPE is too simplistic to work nationwide.
Social Credit did work in Japan. They more than doubled their economy in one decade. It seems that another reason for the bankers to declare war.
Reblogged this on World Chaos.
Reblogged this on Here and Now.
I’m not american, I’m from Europe but I read your blog because you always have interesting themes and comments. I’ve read somewhere that contract with FED will expire soon. Do you know something about it? And when this should happen? What could happen if that contract won’t be extended? Is there any possibility of that?
I apologize for my bad English but I hope you understand what I mean 🙂
Originally the FED license would have expired in 2013 but it was already extended.
The FED and the dollar will crash and burn by the summer of 2013 anyway.
Your English is better than most of our high school students.
One more thing. More and more countries (like Germany, Venezuela, Netherland, Suiss…) ask to see (and get) their gold from FED and BOE (Bank of England) but FED doesn’t allow that. What if there’s no gold anymore? What do you think, is gold still there?
If they still had your gold, they would let you see it. They want a gold standard so you will have to go into debt to buy at $12,000 an ounce from them they stole from you.
Well, well, well, who would have thought it ? 🙂
:
http://www.globalresearch.ca/central-banks-are-acquiring-gold-dumping-us-dollars/22672
I think you’re right on most stuff but maybe you don’t believe we’re getting help from galactics. If not, that’s ok; but I think things will go more smoothly than you seem to think.
My one detail-disagreement is about “capital gains tax and the inheritance tax.” They apply almost exclusively to people who are way out of the income range of most of us who are reading such blogs. Last I heard (and that was two decades ago!), inheritance tax applies only when the estate exceeds $600,000.00 Capital gains taxes are minimal if your assets are minimal. And during this housing slump, even if we do own a house, and have enough equity that we’d even have to pay a tax should we sell, few except the wealthy will be impacted.
But thanks for your hard work and research.
I would eliminate all taxes om working people. Most of our taxes go to support wars and to pay the interest om 20 trillion dollars in federal, state and local debt.
I would cancel all government debts worldwide for any government willing to participate.
I would cancel $20,000 in personal debts for every adult citizen.
I would make all government debt in the future illegal.
I would pass a negative income tax. A retail clerk making %8.50 am hour take home would be given a credit from the IRS to make it $10 an hour. At 40 hours a week that would be an extra $60 a week.
I would cancel Food Stamps and Earned Income tax credit and replace it all with an incomes policy. I would give $600 a month for the first child and $400 a month for the second.
A married couple where both work and have 2 children would be guaranteed $50,000 a year tax free which would put them where the top half of people are now. Try this:
The New Economics, Radical Solutions Required And Offered
https://vidrebel.wordpress.com/2012/09/11/the-new-economics-radical-solutions-required-and-offered/
The taxes you pay on capital gains and inheritances rewards the government for inflating the currency. We need to index those taxes for inflation.
My comments were about the uncertainty of what the tax rate will be. They will make investors sell now. That is why Lucas films was just sold to Disney even though most of it will go to charity.
It seems that my English isn’t as good as I thought it is 🙂
What I meant about FED and gold is this
http://www.silverdoctors.com/german-calls-for-gold-repatriation-intensify-as-fed-refuses-to-allow-inspection/
Your English is clear. We do not always respond to the question you ask but to what interests us. I think the gold was stolen long ago.
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