I can't keep up with the torrent of economic BS spewing from the Establishment media lately, so I just pick a juicy bit once in a while and point out its flaws.  One of the more glaring ones I've seen recently is from Dubya, whose grandfather was part of the fascist conspiracy that put Hitler in power and tried to impose fascism in the US when the Depression hit.   Bush: Credit thaw 'going to take awhile'  contains this glaring contradiction:

WASHINGTON – The government's drastic economic rescue efforts will eventually pay off, President Bush insisted Friday, offering calming words to anxious Americans but no suggestion of a quick revival as Wall Street braced for another wild day.

The economy didn't falter overnight, "and it's going to take a while for the credit system to thaw," Bush said just before the markets opened, speaking across a park from the White House at the U.S. Chamber of Commerce building, a symbolic headquarters of American business.

[end of excerpt]

But just a few weeks ago, Bush and "the experts" were telling us that they didn't have any warning that such a crisis was upon us, when in fact, Bush's more recent, careless remark is closer to the truth, which is that they've been covering up the extent of the deliberately-created crisis for years or decades, and only began mentioning it in public when they wanted to stampede us into a "solution" which is actually the final phase of their war on the economy.  This remark actually amounts to "trust us until we can put the final few nails in the global economy's coffin."  For a trustworthy perspective on the state of the economy, and real solutions to the crisis, see LaRouchePAC.com. 

Posted by fakeapoc at 8:11 PM EDT

Updated: Friday, October 17, 2008 8:23 PM EDT

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WASHINGTON — A growing al Qaida -backed insurgency, combined with the Pakistani army's reluctance to launch an all-out crackdown, political infighting and energy and food shortages are plunging America's key ally in the war on terror deeper into turmoil and violence, says a soon-to-be completed U.S. intelligence assessment.

Intelligence report: U.S. antiterror ally Pakistan 'on the edge'
 

LaRouche issued dire warnings that this would happen if Musharraf were removed from power, and blames the Bush administration for allowing it.

So, here's what I expect will happen: claims of utter chaos, a claim that Pakistan has lost control of its nukes, and that they've fallen into the hands of Al Qaeda, in order to explain the subsequent nuclear terror.   The "war on terror" is going just as planned. 

Posted by fakeapoc at 8:37 PM EDT

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"The chairman of the Federal Reserve, Ben S. Bernanke, warned on Wednesday that the American economy was headed toward an extended period of difficulty, despite worldwide efforts to stabilize the financial markets."

from Bernanke Says Bailout Will Need Time to Work  

"In fact, it will get to the point where most of Earth's population will die before things start to improve."

Even that would be optimistic, if we let them have their way.  As Orwell put it in 1984, their vision of the future can be summed up as "a boot stamping on a human face, forever."  But in order to achieve this evil goal, Bernanke and his ilk must stay ahead of "the curve" of the collapse in order to retain some credibility, at least until they've blown out all the support columns of the economy and it cannot possibly be revived, at which point Bernake will, like Cheney, head to his bunker and gloat over having helped to create a global killing field.  (Shortly after which, Cheney will be heard saying "whadya mean, they don't make the batteries I need anymore?")

In the same article, Bernanke is quoted as having said that inflation isn't a concern, so remember that a few weeks from now, when Bernanke will be telling us that inflation is a "minor" concern, followed a few weeks later by "significant," followed by "I'm outta here."

Posted by fakeapoc at 8:33 PM EDT

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from Columnist Paul Krugman wins Nobel economics prize:

Commenting on the global economic meltdown, Krugman told a news conference in Stockholm by telephone from the United States that some of his research was linked to currency crises and related issues.

"This is terrifying," he said, comparing it to the financial crisis that gripped Asia in the 1990s. "I had never thought that in my lifetime I would see anything that resembles the Great Depression, but this in fact does."

[end of excerpt]

Contrast this with LaRouche's decades-long warning that the crash would occur if "free trade" weren't abolished.  Even with these warnings, Krugman claims to have been taken by surprise.  Sounds to me that certain people, with Krugman's help, are just trying to pretend that LaRouche doesn't exist - a variant on the oft-heard claims that "nobody saw this coming" and "there is no magic bullet."  There is in fact a solution, and it's called the American System, based on the General Welfare clause of the Constitution, NATIONAL banking (not British-controlled central banking), competition in the realm of ideas, and cooperation on a vast scale in the realm of production.  If Krugman doesn't finally use his fame to push this system, or at least some aspects of it, he'll dig himself quite a deep grave.

Posted by fakeapoc at 10:24 AM EDT

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Because I've been monitoring LaRouche's publications for years, it's easy for me to see through the truly sad lies spewing from Mammon's "financial experts" these days.  Their basic strategy is, as I indicated below, to blame the effects of their "rescue" on "the downturn" which we are to believe their "rescue" can stop, when in fact it is intended to destroy the global economy.  Read LaRouche yourself, and you'll soon learn to recognize all those "lofty pronouncements" emanating from the high priesthood of money aren't so mysterious after all, but just a bunch of crap.

Posted by fakeapoc at 12:09 PM EDT

Updated: Sunday, October 12, 2008 12:13 PM EDT

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Well, he got us into Iraq on the basis of a campaign of gargantuan lies, and now he's telling us, in concert with the very financiers who created the financial/economic crisis precisely in order to destroy global civilization, that he's got a solution: convert the oceans of worthless financial paper into US debt or currency.  This will lead to a global "Weimar," with no hope of being rescued from some outside nations, as was Germany.

Images: Bush and Rumsfeld at Pentagon on day after 9/11.  Note Bush's candid expression, followed by his realization that he was on camera, followed by an expression of irritation.  It's almost as if the photos depict a process of a monster gloating over an accomplishment, followed by a quick "morph" into the Dubya we all know and hate. 

Posted by fakeapoc at 11:01 AM EDT

Updated: Sunday, October 12, 2008 11:15 AM EDT

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If you aren't familiar with financial derivatives and their significance to the economy, I highly recommend Derivatives or Civilization, Take Your Pick.  It really drives home the sheer insanity of trying to bail out bankers who have resorted to this form of "investment," and the sheer evil of those (such as honorary British knight Alan Greenspan) who defended derivatives and those who advocate bailing them out, knowing how insane it is and what effect it will have.

Posted by fakeapoc at 11:19 PM EDT

Updated: Thursday, October 9, 2008 11:23 PM EDT

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Don't overlook the possibility, as is the case in the "war on terror," that the real purpose of the recently-reported "redeployment" of US military forces to police duty in the US  is precisely the opposite of its ostensible purpose - i.e. to unleash terrorism in the US and to blame it on innocents who are then dubbed "enemy combatants" and tormented until they go insane.  Thankfully there are a few in power taking issue with Bush's subversive actions, along with many influential columnists. 

Posted by fakeapoc at 9:47 PM EDT

Updated: Thursday, October 9, 2008 9:51 PM EDT

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