Economic depression is an extreme form of a recessions, which is characterized by its length, by large increase
in unemployment, fall in available credit, much lower consumer demand, large number of bankruptcies, reduction in trade and
commerce, wide volatility of currency valuation, price deflaction, and bank failures.
|Cat Eye Nebula--Hobble telescope
The government has consistently
lied about economic figures, mostly through changing the rules. This effect is cumulative, the further out you go the greater the lie. Also as rules are change the deception beccomes
greater (as chart below illustrates). By counting the expansion of currency they produce GDP figures showing growth,
while the standard of living declines and debt grows. The 2007 Depression hasn't ended.
|The Government's BS about growth exposed
above is actually worse, because the trillions of the financial sector is counted as in the service sector of the
economy, and thus figured as part of the GDP. Thus the GDP without the finance would be half of what it is listed
at. This method of totaling the GDP is equivalent to taking the weight of a person with a tumor the size of a baskeball
in his stomach, A more accurate weight would be without the tumor.
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Enter secondary content here
In Fiscal Year 2008, the U. S. Government spent $412 Billion of your money on interest payments* to the holders of the National Debt. Compare that to NASA at $15
Billion, Education at $61 Billion, and Department of Transportation at $56 Billion.
|the best of drugs is treated as the worst
best account of the Federal Reserve (http://www.freedocumentaries.org/film.php?id=214). One cannot understand U.S. politics, U.S. foreign
policy, or the world-wide economic crisis unless one understands the role of the Federal Reserve Bank and its role in the
financialization phenomena. The same sort of national-banking relationships as
in our country also exists in Japan and most of Europe.
A democracy exists whenever those who are free and poor are in sovereign
control of the government; an oligarchy when the control lies in the hands of the rich and better born.”—Aristotle
“All for ourselves, and nothing for anybody else,” Adam Smith called this the vile maximum of the
masters of mankind. Neoliberals call it, “trickle-down
John F. Kennedy issued Executive Order 11110 which would have removed the power of money creation from all US private
banks, including the privately-owned Federal Reserve, and invested that power in the US Government. Unfortunately, Kennedy
died suddenly a few weeks later and his plans died with him.
The Problems of Debt
In the USA 100% of the money supply is created by the private banks.
In Britain the figure is over 97%. In the rest of the
world, the figure is estimated to be over 95%. All this money is created as a debt. It is created when people borrow money,
as banks do not lend existing money; they just create new money out of thin air to lend.
Money created as a debt by the banks bears a charge of interest. This increases the amount of money that the economy
owes by an amount greater than the amount in existence. This means that the economy is a saddled with a debt that can never
be paid off, merely passed around like a game of Pass-the-Parcel in a Belfast pub. It
is like a game of musical chairs, where someone has to lose out.
Money does not have to be based on debt, nor indeed does it have to be based on precious metals. Real wealth is the
goods and services that people create for each other. Money is merely a means of exchange. It could be created by HM Treasury
and spent on providing public services, saving us all a modicum of taxation, and then the economy would not have to be saddled
with large debts.
Executive Order 11110 issued by John F. Kennedy on June 4th 1963,
This executive order allows the U.S. Secretary of the Treasury to issue $4.29 billion in silver certificates ($2 and $5 Notes) against silver bullion based on authority delegated by the President to the Secretary under the Thomas Amendment
to the Agricultural Adjustment Act.
Silver certificates were printed without
interest. The Order was for the Treasury to issue silver certificates against all silver held by the government which did
not already have certificates against it. The Order was needed due to the passage of Public Law 88-36 which repealed the Silver
Purchase Act and other related monetary measures. One result was that after the repeals, only the President could issue new
silver certificates. The Federal Reserve System could replace the certificates, but only in larger denominations. The thrust of the Order returned the authority to issue new silver certificates (and specify
denominations) back to the U.S. Treasury.
This theory was further explored by U.S.
Marine sniper and veteran police officer Craig Roberts in the 1994 book, Kill Zone. Roberts theorized that the Executive Order was the beginning of a plan by Kennedy whose ultimate goal was to permanently
do away with the United States Federal Reserve, and that Kennedy was murdered by a cabal of international bankers determined
to foil this plan. [jk finds this the most plausible of a dozen theories. Kennedy had expressed extreme frustration of the Bay of Pigs
failure and other issues with the CIA. But
it is hard to believe that the CIA would on its own, for to protect its power structure,
kill the President.]
This executive order allowed for the Federal Reserve System to distribute and exchange
currency at lower denominations that met the growing economic need. The authoritative basis for the Order was substantially
nullified in 1982 with the passage of Public Law 97-258. The Order was never directly reversed, but in 1987, Executive Order
12608 [by Ronald Reagan] revoked the section that added by Executive Order 11110, essentially nullifying it.
Kennedy was killed by more than one shooter, and from 2 directions.
See Wikipedia Kennedy assassination conspiracy theories.
1) Former U.S. Marine sniper Craig Roberts and Gunnery Sergeant Carlos Hathcock, who was the senior instructor for the U.S. Marine Corps Sniper Instructor School at
Marine Corps Base Quantico in Quantico, Virginia, both said it could not be done as described by the FBI investigators. “Let
me tell you what we did at Quantico,” Hathcock said. “We reconstructed
the whole thing: the angle, the range, the moving target, the time limit, the obstacles, everything. I don’t know how
many times we tried it, but we couldn’t duplicate what the Warren Commission said Oswald did. Now if I can’t do
it, how in the world could a guy who was a non-qual on the rifle range and later only qualified 'marksman' do it?”
2) Robert McClelland, a physician in the
emergency room who observed the head wound, testified that the back right part of the head was blown out with posterior cerebral tissue and some of the cerebellar tissue was missing. The size of the back head wound, according to his description,
indicated it was an exit wound, and that a second shooter from the front delivered the fatal head shot.
3) Kennedy's death certificate located
the bullet at the third thoracic vertebra — which is too low to have exited his throat. Moreover, the bullet was traveling downward, since the shooter was by a sixth floor window. The autopsy cover sheet
had a diagram of a body showing this same low placement at the third thoracic vertebra. The hole in back of Kennedy's shirt
and jacket are also claimed to support a wound too low to be consistent with the Single Bullet Theory.
These three facts are sufficient to prove that the Warren commission was a high-level cover-up
Teddy Roosevelt's advice that, "We must drive the special interests out of politics.
The citizens of the United States must effectively control the mighty commercial forces which they have themselves called
into being. There can be no effective control of corporations while their political activity remains."