Wakey, Wakey, America. Judge Napolitano gave a very easy to understand explanation today of the trick the ‘big government‘ party just played on the American public with the debt deal and why events such as the credit downgrade and market fluctuations are occurring. This information is intended for those newly awakened Americans who are just starting to realize that our debt is unsustainable and need to understand why. Regular Monster readers can feel free to send this viral, and please make sure to let them know that our debt is our greatest national security threat.
I have transcribed the entire 4:36 minutes for those that want to send the hard copy viral instead of just the video. Yes, it’s that good. (H/T Patriots Network.) (more…)
(Editor’s Note: This IS the video that needs to go viral as a very savvy businesswoman cuts through the politically correct verbage and very succinctly calls Obama and this administration out on their epic failure to ‘lead this country to success’.)
Neil Cavuto interviewed Soapworks’s founder and CEO, Amilya Antonetti today about America’s credit downgrade and Barack Obama’s lack of leadership skills. She starts this segment with the advice that ‘cash is king’, that ‘everything that everybody is going to tell me is going to be a lie’, that the political class is going to try to manipulate the business community into taking risk even though the business community has been warning of a downgrade for well over a year, and then the interview really heats up when she demands that Obama apologize to the American people for his pathetic leadership. She then passionately explains what a true leader is and does. (more…)
Sen. Jim DeMint on the credit downgrade by S&P yesterday including his views of the debt deal, the ‘Super Congress’, Secretary Geithner, the $2 Trillion mistake, and the possibility this was a calculated move by the Obama administration in order to raise taxes. (more…)
Well, another fine mess the thieves in New York and Washington have stuck the average American with; just like TARP, the Stimulus, Fannie, Freddie, AIG, Obamacare and the latest $8 TRILLION IN DEBT they just saddled us with. Remember the Tea Party Juggernaut starting in February 2009 when Obama wasted close to a trillion dollars of borrowed money on the ‘Recovery Act’?
Bush abandoning the free market to save it? Paulson setting up the ‘too big to fail’ banks to get even bigger? Obama’s not qualified? Bernanke lying about not monetizing the debt? Geithner stating that the rating agencies won’t downgrade us?Obama’s Keynesian economics are destroying the US economy, our future, and fiscally abusing our children and grandchildren? Duh! We told you so over and over and over and over – for YEARS!
Now the beginning of the official slide has happened with S&P’s downgrade of our sovereign debt and we are at the crossroads. What’s it gonna be America? More or less Obama, Geithner, Bernanke, the Fed, borrowing, money printing, spending, and a big federal government? Here is your moment to realize the gravity of the big picture and do something about it. I’m still waiting for the bankers’ arrests to start…any time now… (more…)
Alex Jones interviews former Goldman Sachs managing director Nomi Prins about the pillaging of the average American by the Federal Reserve and the big banks that has occurred in the effort to prop up the big banks. They cover S&P’s warning about America’s debt, the Obama administration trying to stop the warning from being issued, and what is coming down the road for us. (See Nomi’s bio below.)
I call it financial homicide by the banks, and Geithner is sortof the accomplice because he, under him, the Treasury Dept. increased the Treasury debt by $4 trillion dollars. So for him to come around and say, ‘oh, by the way, if you, Congress, don’t increase the debt cap by, whatever amount, whether it’s a penny or a trillion, it doesn’t matter, the idea is that if we don’t incur more debt, our debt will become less worthy, which is just a.) not logical, and b.) how Geithner has operated thru the bailouts and since he’s been Treasury Secretary, which is to continue to deny that much of the debt problem, most of the debt problem, arguably all of the debt problem, has happened because of this imparting of debt to bailout Wall Street, to subsidize the financial system, to go back and forth between the Fed who buys the debt, the Treasury increases the debt, the Fed buys the debt, and has this sorta back and forth ball going between them which only decreases our value as a nation. Our entire book, our balance sheet as a nation, and the Fed will continue to do this. We know that when June comes along, the Fed is going to go from QE 2 to QE whatever, they might call it something else; they will find ways to continue to throw this ball back and forth.
Nomi Prins, Former Goldman Sachs Managing Director: Bankster Collusion and Bailouts
Alex welcomes back to the show author and journalist Nomi Prins, who will talk about the economy, the seismic debt increase and Treasury Secretary and former Federal Reserve honcho Tim Geithner. Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, and running the international analytics group at Bear Stearns in London. Her latest book is It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street.
