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No DUplicitous DUpe Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-30-09 11:40 PM
Original message
Enhanced Interrogation Is Necessary
Enhanced Interrogation Is Necessary
posted with permission from http://sane-ramblings.blogspot.com/2009/05/enhanced-interrogation-is-necessary.html

War makes murder admirable, torture respectable and lies credible. For example, no-one supports torture but when it is "enhanced interrogation," and done to prevent imminent danger, it becomes necessary and even respectable.

"Water boarding," which is nearly drowning to death, an age old torture, under its new name appears to be recreational and fun.

"Militants," "insurgents," and "extremists" are "terrorists" who frighten Americans because they supposedly want to destroy the U.S. even when there is no evidence supporting that allegation. But they must be killed, or as it is called, "taken out."

Now we have a new seemingly harmless phrase called "monetizing the debt." What does it mean? It means the Federal Reserve is printing money out of thin air to pay for the U.S.'s skyrocketing debts.

This is necessary because of America's massive spending on weapons and wars and on huge corporate bailouts at the expense of America's vast working class.

To do this, the U.S. government is borrowing money at record levels, but can no longer borrow enough because America's major creditors are "worried" as China put it. So the Federal Reserve is printing the difference.

America's creditors know this and it worries them so much, some are already cutting back on the amounts they're loaning to the U.S. Why? Because running the monetary presses leads to hyper-inflation which means they will get paid back in ever cheaper dollars. And as they lend less, the Fed runs the presses more.

If you are an American, what will this mean to you? The value of your money will be destroyed. If that seems hard to believe, be aware currency collapses are common in the world yet nobody ever believes it can happen to them until it does.

As for the U.S. government, the dollar's collapse won't happen however irresponsible they are. This is called denial.

Can this horrific scenario be prevented? Yes, for it is not yet too late. But it calls for drastic action now! The U.S. government must stop spending staggering sums of money on weapons and wars and end the bailouts.

It must also raise your taxes to pay for all the crazy deficit spending it's already done. But to politicians these things are not politically acceptable so tomorrow's financial time bomb awaits us.

What can you do? Don't be lulled to sleep by a charismatic President's assurances nor accept such seemingly harmless phrases as "monetizing the debt," any more than you now would accept "enhanced interrogation."

Raise your voice for as others hear it they too may get involved and together we can prevent this disastrous Titanic level financial collapse that will otherwise sink us.

Dick

---------------
I would Recommend Dick's column, if I hadn't posted it.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-30-09 11:45 PM
Response to Original message
1. Is this person worried about 'enhanced interrogation' or the markets? nt
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No DUplicitous DUpe Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-30-09 11:48 PM
Response to Reply #1
2. Well, he writes anti-war columns and financial crisis columns, so I say both..
Don't you see any connection?
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-30-09 11:52 PM
Response to Reply #2
4. I'm more tired now. I knew about the challenges, but
Edited on Sun May-31-09 12:30 AM by babylonsister
I never factored in financial crisis when I knew who I was rooting for.


If it's tiring for us, imagine how our president feels.
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DS1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-30-09 11:50 PM
Response to Original message
3. Almost had me, then I figured out the gist of it
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No DUplicitous DUpe Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-31-09 02:16 AM
Response to Original message
5. I like this part...
The U.S. government must stop spending staggering sums of money on weapons and wars and end the bailouts.

Yes!
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LooseWilly Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-31-09 02:34 AM
Response to Original message
6. I've heard it said that the printing of the monies, and the inflation that it will cause...
... is actually an intended part of the strategy to forestall deflation in the face of the spiralling economic collapse. As I've heard it, deflation scares more piss out of more economists than anything else... perhaps even the notion of a depression, the way I've heard it. So the economic handlers' common wisdom is... apparently... that we need to print more money, and thereby create inflationary pressures, in order to stop deflationary pressures in the overall economy.

That's what I've heard, anyway. If I were in debt, I'd certainly buy into that theory, personally. Considering the fact that so many Americans are in debt... I can't say as how I'm surprised that this would be a direction that the president would lean towards (of course... it screws up all my personal financial planning... just because I guessed luckier than most Americans, I get screwed... story of my life).

I think, all you peoples who are shouldering some hefty debts (credit cards, personal loans, home loans, what have you) really ought to think twice before bitching about this particular affront to pre-Nixonian economic theory. If the money presses weren't running and inflation were to fail to win out over deflation... well, then wages would deflate as surely as prices... and y'all would have a hell of a time paying off them debts. Mind you, I'm personally all for deflation, since I am living a thrift store-esque un-indebted lifestyle... so if you succeed at stopping the inflationary pressures in the economy and deflation sets in... well, bully for me. And you're screwed.

That said... please carry on trying to stop the presses. I've mentioned the warnings that I've heard... if you are still willing to dance with deflation, I sure as shit am willing to as well.
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