Read entire article HERE.
" ..the agency argues that the United States needs to move more aggressively to both cut spending and raise revenue, to the tune of $350 billion or more above what the administration now plans...
Allowing homeowners to deduct their mortgage interest payments from their income taxes, for example, is a staple of U.S. housing policy, considered a way to make homeownership more affordable. The IMF came out harshly against the deduction, saying that it was part of a homeownership system that was "costly, inefficient and complex," did not demonstrably increase ownership rates compared with similar countries without the same tax incentives, and mostly benefited "the better-off.""
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Note: Home interest payment deductions going bye-bye is a huge mistake if you ask me. That will kill a lot of people's budgets for sure.
Showing posts with label economic hitman. Show all posts
Showing posts with label economic hitman. Show all posts
7.09.2010
5.27.2010
Economist James Galbraith Senate testimony: Economics a disgraced profession; blind to obvious fraud
Read entire article here:
" "There is nothing about money that cannot be understood by the person of reasonable curiosity, diligence and intelligence.... The study of money, above all other fields in economics, is the one in which complexity is used to disguise the truth, not to reveal it. Most things in life — automobiles, mistresses, cancer — are important principally to those who have them. Money, in contrast, is equally important to those who have it and to those who don't. Both, accordingly, have a concern for understanding it. Both should proceed in the full confidence that they can." – John Kenneth Galbraith, Money: Whence it came, where it went - 1975, p15. Galbraith wrote five best-selling books on economics, was President of the American Economic Association, economics professor at Harvard, and advisor to four US Presidents. James Galbraith is his son."
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Note: The opening paragraph is priceless
" "There is nothing about money that cannot be understood by the person of reasonable curiosity, diligence and intelligence.... The study of money, above all other fields in economics, is the one in which complexity is used to disguise the truth, not to reveal it. Most things in life — automobiles, mistresses, cancer — are important principally to those who have them. Money, in contrast, is equally important to those who have it and to those who don't. Both, accordingly, have a concern for understanding it. Both should proceed in the full confidence that they can." – John Kenneth Galbraith, Money: Whence it came, where it went - 1975, p15. Galbraith wrote five best-selling books on economics, was President of the American Economic Association, economics professor at Harvard, and advisor to four US Presidents. James Galbraith is his son."
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Note: The opening paragraph is priceless
7.31.2009
They Hate Us for Looting Their Countries - Museum and Economic Hitman - Vids

They don't hate us for our freedoms - they hate us because we are destroying, looting, and enslaving. The American citizenry has lost control of their government abdicating their power to greedy corporations whose insatiable thirst for ever more power knows no bounds.
Videos below for your consideration. As you watch I would encourage reflection on the motivation of corporate news, the reasons you are given for occupying foreign countries, the ever escalating debt you are responsible for paying, the war, the torture, the lives lost. Are these the desired actions of the government you put into office? Are these deeds consistent with the campaign rhetoric you were fed by the corporate media?
The first video may help you recollect some of the falsehoods you were told. One such disgrace involves the looting of the museums of Baghdad. First please pay attention to the rhetoric in the video at time marked:
Bush Invasion Announcement - see time=2:06 where he claims to respect their culture
but later....back at the ranch....the story is different....
Now please consider THIS PBS article where at first glance it seems like the FBI is on their way (what this has to do with their mission is beyond me) to help. But as one reads on :
"Looters ransacked and emptied multiple museums in Baghdad and other cities in the final days of the war, completely destroying some of the most ancient, rare, and valuable artifacts in the world.
At the National Archeological Museum in Baghdad, looters smashed and stole artifacts dating back to the days of ancient Mesopotamia, considered by historians to be "the cradle of civilization. ...Before the war, Gibson said he and several other scholars met with Pentagon officials to express concern that the museum could be in danger if a conflict erupted in Baghdad. He said U.S. officials assured them the National Museum and others would be protected."
One ancient artifact I've found fascinating from Iraq is the 2000-year-old "Baghdad Battery" shown in the picture. When I first saw this amazing find it made me realize more than any ancient artifact how little we know of the sophistication of our ancient ancestors. Here is a link where you can see more about this amazing clay pot. Here is a link to the Baghdad museum project.
Actions speak louder than words. An ounce of prevention is worth a pound of cure. Both sayings apply to the corporate-controlled American government. Their actions during the invasion - send the Navy SEALs to guard the oil wells after Bush told the Iraqis not to burn them. Send nobody to guard the museums resulting in the ruination of the cultural heritage of the occupied country. Then later waste American taxpayers dollars sending the now international FBI to track down what wasn't destroyed.
No, they don't hate us for our freedoms. They hate us for our rogue government's actions which speak much louder than their words. Finally please watch the Economic hitman video for more on why our freedoms are the least reason others have to hate America.
Economic Hitman
...let's face it - these neo con-artists knew exactly what they were getting us into....."a quagmire"...
...but rest assured.....everything is under their control.....don't think for yourself.....
.....let them do your thinking for you. Don't think I'm partisan here....the self-proclaimed dictator now on the throne agrees with his fake-opposition predecessor.......
.....so - just don't worry your simple mind about these complex matters - they tell us. They've got everything - they hope - under their control.
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