Previous to the 2016 elections any statement in dissonance to the story line of the Bush White House and carried by major media organizations was nothing more than conspiracy theorists. It must be a disappointment to have the past propaganda fail now.
Also, The Fed has not had a real response to the lack of jobs and economic recovery of the Middle Class or prevention of the Poor Quotient expansion in the USA. It President Obama and his cash distribution initiatives in lowering SS taxes for years that helped the American people, not the bailout.
Wall Street received not only a bailout but enormous amounts of liquidity through the quantitative program. Quantitative Easing was a complete departure from historical roles of The Fed. QE was suppose to bring back jobs simply because it existed. Nothing was further from the truth. The Fed too Quantitative Easing in to QE2 and QE3. In QE3 them monies were provided with a stipulation of increasing labor. That was under President Obama.
The Exotic Wall Street instruments also played into the 2008 collapse. In 2015 when listening to the debate Mr. Henwood has argument is talking about the reality. Mr. Schiff is dead wrong. His statements are rhetorical and provides wealth to the wealthy as if regulation was the enemy. I believe in reflection on the past when it PROVES reality today.
When the current propaganda makes it's way to the debate stage as a legitimate truth, the candidates should remember where those lies first started.
Currency manipulation in China has proven to be a successful strategy. China needs to grow it's Middle Class and increase the quality of life for it's people. When that occurs by raising salaries and producing quality products China already has the shipping infrastructure to compliment that reality. China can be a growth engine as does India simply by numbers of prospective customers. Exporting jobs to China or India does not grow any economy except the wealthy of those two countries.
The "Wall Street Transaction Tax" is where the USA needs to focus it's ability to pay off the national debt. When the debt comes down to a far less draconian amount that is predatory on our children's futures then the Wall Street Transaction Tax" can be revisited to reduce it. I point out in order to lower the transaction tax the focus has to be the debt. Kindly remember the Republicans support their trickle down economy by government spending. If that wasn't obvious in the Republicans administration of 2001 - 2009, don't ask me what is? It is so true of Republican that after 2008 the Middle Class was devastated casting the economy into further contraction and the rates of poverty rose to those that were working for a living with more than three jobs to attempt to make ends meet.
There is a great deal of truth in comparing the past with the present.
Also, The Fed has not had a real response to the lack of jobs and economic recovery of the Middle Class or prevention of the Poor Quotient expansion in the USA. It President Obama and his cash distribution initiatives in lowering SS taxes for years that helped the American people, not the bailout.
Wall Street received not only a bailout but enormous amounts of liquidity through the quantitative program. Quantitative Easing was a complete departure from historical roles of The Fed. QE was suppose to bring back jobs simply because it existed. Nothing was further from the truth. The Fed too Quantitative Easing in to QE2 and QE3. In QE3 them monies were provided with a stipulation of increasing labor. That was under President Obama.
The Exotic Wall Street instruments also played into the 2008 collapse. In 2015 when listening to the debate Mr. Henwood has argument is talking about the reality. Mr. Schiff is dead wrong. His statements are rhetorical and provides wealth to the wealthy as if regulation was the enemy. I believe in reflection on the past when it PROVES reality today.
When the current propaganda makes it's way to the debate stage as a legitimate truth, the candidates should remember where those lies first started.
Currency manipulation in China has proven to be a successful strategy. China needs to grow it's Middle Class and increase the quality of life for it's people. When that occurs by raising salaries and producing quality products China already has the shipping infrastructure to compliment that reality. China can be a growth engine as does India simply by numbers of prospective customers. Exporting jobs to China or India does not grow any economy except the wealthy of those two countries.
The "Wall Street Transaction Tax" is where the USA needs to focus it's ability to pay off the national debt. When the debt comes down to a far less draconian amount that is predatory on our children's futures then the Wall Street Transaction Tax" can be revisited to reduce it. I point out in order to lower the transaction tax the focus has to be the debt. Kindly remember the Republicans support their trickle down economy by government spending. If that wasn't obvious in the Republicans administration of 2001 - 2009, don't ask me what is? It is so true of Republican that after 2008 the Middle Class was devastated casting the economy into further contraction and the rates of poverty rose to those that were working for a living with more than three jobs to attempt to make ends meet.
There is a great deal of truth in comparing the past with the present.
