Congress spent the majority of last week trying to void the
Iranian nuclear agreement (Infowars) – Reports that the official unemployment
rate has fallen to 5.1 percent may appear to vindicate the policies of easy
money, corporate bailouts, and increased government spending.
However, even the mainstream media has acknowledged that the
official numbers understate the true unemployment rate. This is because the
government’s unemployment figures do not include the 94 million Americans who
have given up looking for work or who have settled for part-time employment.
John Williams of Shadow Government Statistics estimates the real unemployment
rate is between 23 and 24 percent. Disappointingly, but not surprisingly, few
in Washington, DC acknowledge that America’s economic future is endangered by
excessive spending, borrowing, taxing, and inflating. Instead, Congress
continues to waste taxpayer money on futile attempts to run the economy, run
our lives, and run the world. For example, Congress spent the majority of last
week trying to void the Iranian nuclear agreement. This effort was spearheaded
by those who think the US should waste trillions of dollars on another no-win
Middle East war. Congressional war hawks ignore how America’s
hyper-interventionist foreign policy feeds the growing rebellion against the
dollar’s world reserve currency status. Of course, the main reason many are
seeking an alternative to the dollar is their concern that, unless Congress
stops creating — and the Federal Reserve stops monetizing — massive deficits,
the US will experience a Greek-like economic crisis. Despite the clear need to
reduce federal spending, many Republicans are trying to cut a deal with the
Democrats to increase spending. These alleged conservatives are willing to lift
the “sequestration” limits on welfare spending if President Obama and
congressional democrats support lifting the “sequestration” limits on warfare
spending. Even sequestration’s miniscule, and largely phony, cuts are
unbearable for the military-industrial complex and the rest of the special
interests that control our government. The only positive step toward addressing
our economic crisis that the Senate may take this year is finally holding a
roll call vote on the Audit the Fed legislation. Even if the audit legislation
lacks sufficient support to overcome an expected presidential veto, just having
a Senate vote will be a major step forward. Passage of the Audit the Fed bill
would finally allow the American people to know the full truth about the Fed’s
operations, including its deals with foreign central banks and Wall Street
firms. Revealing the full truth about the Fed will likely increase the number
of Americans demanding that Congress end the Fed’s monetary monopoly. This
suspicion is confirmed by the hysterical attacks on and outright lies about the
audit legislation spread by the Fed and its apologists. SPECIAL: Sign our
Congressional Warning today. Demand that Congress back off and restore our
rights, stop the trampling of our Constitution and impeach Obama! Every day,
the American people see evidence that, despite the phony statistics and propaganda
emanating from Washington, high unemployment and rising inflation plague the
economy. Economic anxiety has led many Americans to support an avowed
socialist’s presidential campaign. Perhaps more disturbingly, many other
Americans are supporting the campaign of an authoritarian crony capitalist. If
there is a major economic collapse, many more Americans — perhaps even a
majority — will embrace authoritarianism. An economic crisis could also lead to
mob violence and widespread civil unrest, which will be used to justify new
police state measures and crackdowns on civil liberties. Unless the people
demand an end to the warfare state, the welfare state, and fiat money, our
economy will continue to deteriorate until we are faced with a major crisis.
This crisis can only be avoided by rejecting the warfare state, the welfare
state, and fiat money. Those of us who know the truth must redouble our efforts
to spread the ideas of liberty.
http://www.teaparty.org/congress-fiddles-economy-burns-119070/
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