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Joseph Stalin once wrote, " Print is the sharpest and the strongest weapon of our party."   Alexandar Solzenitsin wrote about the Soviet press and how the Russian people had become so immune and acclimated to it that with the announcement of a government program of temperance and sobriety the knowing in the crowd would immediately mumble to themselves, "the potato crop has failed."

George Orwell said, "Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind." The recent alleged assassination of Osama Bin Laden brings this point into clear focus; the seal team went into the Pakistan compound with the intent to bring out only a dead body. Or as one eye witness described it, the helicopter carrying Bin Laden exploded and crashed when it attempted to lift off from the compound. The US military admits that it lost at least one helicopter in the operation and this event, if as described, could easily explain that crazy co*k and bull story we were told about dumping Bin Laden body somewhere into the ocean a thousand miles from the scene of the crime. Did the US military really fly Bin Laden's body a thousand miles just to dump it into the drink?

The truth is that we don't know the truth. We don't know what happened and never will, but only in the United States do so many people simply believe what they are told unquestioningly. I'm not speaking of those who are regular readers or blog readers; I'm speaking of the New York Times readers, CNN and Fox News viewers. There isn't a dime's worth of difference between any of them as they don't report the news as much as they define the news. Was Barack Obama actually born in Kenya? The story was obviously fallacious and yet the main stream media spent months of coverage upon it.

The media defined the story and the likes of Rush Limbaugh and Glenn Beck redefined the story. The purpose is the misdirection of the news, to generate a false controversy to paper over real events. While Vice President Dan Quayle was being lampooned for his misspelling potato the American public missed the story of our Ambassador April Glaspie, either missing or ignoring Saddam Hussein's warning and inadvertently causing the first Gulf War. Did they paper over the Glaspie error because Ms. Glaspie missed a clear war warning or was the US suckering Saddam into invading Kuwait? The war opened a lot of doors for the US in the Persian Gulf and in the aftermath we obtained a permanent foothold in the region.

CNBC- Retail Sales May Be the Silver Lining in Gloomy Economy

"When the going gets tough, the tough go shopping, and the markets Thursday will be watching July chain store sales to see just how much consumers bought.

After a series of worrying economic reports, the nation's chain stores may actually tell one of the better stories about activity in the month of July even as consumer spending likely remained pretty weak. Thomson Reuters forecasts a gain of 4.3 percent for same stores sales."

File this one under some people will believe anything, after over a week of market volatility caused by manufactured crisis's the news media tells a worried public, "Its alright now, you can go back to sleep. There will be no recession, move along, nothing to see here."

There weren't even any good economic numbers only a forecast of good economic numbers "Thomson Reuters forecasts a gain of 4.3 percent for same stores sales."

The Republican's in Congress manufactured the debt crisis in an attempt to make themselves look tough and to thumb Barack Obama in the eye. They forgot however that austerity is a dirty word on Wall Street and it wasn't a bright forecast that calmed the markets as much as it was Santa Claus in the form of Ben Bernanke promising more free money until at least 2013.

The Federal Reserve doesn't care a wit about Congress or Barack Obama they can all go to hell on a hang glider as far as the Fed is concerned. Budget cuts mean nothing to the Federal Reserve; they create money from thin air. The Fed orders the Treasury to print say, a billion dollars. Then the Treasury sells a billion dollars in Treasury bills to cover that printing. Those treasury bills are then sold plus interest, today that's 2.125 percent. So the cost to you, the taxpayer is one billon dollars plus $21,250,000 interest.

The Federal Reserve then lends that money to banks such as Goldman Sachs for .17 percent, that's seventeen one hundredths of one percent. So the banks cost to borrow that billion dollars from the Federal Reserve is one billion plus $1,700,000     interest, or a net loss to the American Treasury of $19,550,000 per billion dollars lent. Multiply this loss figure say, ten or twenty times or even a hundred times and you wouldn't even begin to get close to the actual figure because the Federal Reserve has printed 1.7 trillion dollars over and above the amount it held in 2008. So our figure of a 19,550,000 dollar loss on each billion lent would be roughly, $3,323,500,000 that's in addition to the additional $1.7 trillion printed.

Ben Bernanke reassured the Wall Street boys that any austerity would exempt them. With the prime interest rate at 3.25 percent and savings accounts paying two percent there is little money to be made in traditional banking. Lend $200,000 for a home loan for 30 years for 5.5 percent? In this economy, what would you call a safe job in this economy?

Actual unemployment in this country is around 20 percent while in Las Vegas Nevada one in 14 homes are in foreclosure in Tampa Florida the number is one in 20, Sacramento one in 19 and in Phoenix the number is also one in 14 homes. So sure, lets all go shopping.

CNN - Bachmann wins Iowa straw poll, narrowly besting Ron Paul

August 13, 2011|From Paul Steinhauser and Peter Hamby,

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I who am I? Born at the pinnacle of American prosperity to parents raised during the last great depression. I was the youngest child of the youngest children born almost between the generations and that in fact clouds and obscures who it is that I (more...)
 

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