Fiscal Cliff Update and Middle East News Are the Two Big Stories This Week!
- Fiscal Cliff Update and Middle East News Are the Two Big Stories This Week!
by Greg Hunter’s USAWatchdog.com
There are just two stories that should be on everybody’s radar this week. The first is the “Fiscal Cliff” or, as I like to call, it the “Blame Game Theater. The other big story is the Middle East. Both of these stories are multi-faceted. The “Fiscal Cliff” should be of great interest to all Americans. This is simply a disgrace, and both sides should be taken to the wood shed for letting this get out of control. The deal they have been talking about is less than half of what the Erskine Bowles commission was asking for (around $4 trillion), and that only slows the growth of government. Many say the best thing we could do is go over the “Fiscal Cliff. “ At least we would get some real spending cuts. I have taken some heat for suggesting tax increases. I DO NOT think taxing more so we can spend more is the answer, but blowing another bubble and putting it off only makes things worse.
In 2001, we should have gone into recession, but instead, we got a housing bubble. In 2008, we should have taken the big banks to receivership; instead, we bailed them out and continue to bail them out as they are technically insolvent. If they were solvent, we would not need phony accounting and a $40 billion a month bailout provided by the Fed to infinity. If we do go over the Fiscal Cliff, John Williams at Shadowstats.com says that “Would Trigger Confidence Problems That Never Could Be Recovered Fully.” This is not only a debt crisis, but a real crisis in leadership by both parties.
The other big story is the Middle East. They are trying to come to some solution in Syria, but both sides are still fighting it hot and heavy. 44,000 Syrians have died in the nearly two year old civil war, and there is really no end in sight. The fighting has already spilled over into surrounding countries and the possibility of a wider war is what makes this very dangerous.
December 29, 2012 - Posted by mosesman | Economics, GeoPolitics, Social Trends | Bankruptcy, Collapse, Currency, Fascism, FederalReserve, Fraud, GreatDepression, Iran, Meltdown, Middle_East, oil, Syria, Unemployment, US, War
Sorry, the comment form is closed at this time.
Societal and economics observer and commentator with an endtimes, future history perspective, in a satirical way. Follow me at Twitter: socioecohistory
- Uncut Chronicles: Blood & Tears. Gaza August 2014 !
- Palestine: Israeli Army Demolishes Orphanage Dairy Factory in the West Bank!
- NATO Creates Rapid Response Force for ‘Great War’ with Russia!
- Rapid Trident! US Prepares ‘Military Drill’ In West Ukraine for Mid-September!
- ISIS and Al Nusra: Syria Condemns EU Support to Armed Terrorist Organizations While Paying Lip Service to the “War on Terrorism”!
- ISIS is America’s New Terror Brand: Endless Propaganda Fuels “War on Terror”!
- U.S. Intelligence Veterans’ Open Letter to Merkel – Challenging the Reliability of Ukrainian and U.S. Media Claims About a Russian “Invasion”!
- Israel – Nato Align With Jihadists To Create ISIS and Total Chaos!
- 2nd ISIS Steven Sotloff Beheading HOAX COMPLETELY REVEALED! 100% BUSTED MUST SEE!
- Missing Libyan Jetliners Raise Fears of Suicide Airliner Attacks on 9/11/2014 !
- False Flag Warning: Expert Reports ‘Imminent’ ISIS Threat To The U.S. Power Grid !
- Henry Kissinger Admits New World Order Plan (Again) in Wall Street Journal Essay!
- Lavrov: ‘There’ll Be No Military Intervention in Ukraine’!
- NATO Plans to Increase Presence in Eastern Europe!
- UK Slams Israel’s Decision to Seize 400 Hectares of Palestinian Land !
- Ron Paul: US Govt Knew Before Hand About 9/11 Attack!
- Dr Leonard Horowitz: Emerging Viruses – AIDS & Ebola – Nature, Accident or Intentional? Bio-Weapons and Genocide!
- King of Saudi Arabia Warns That ‘ISIS Could Hit US’ Within Months! Know Your Enemy!
- Gaza Under Siege: Israel Destroys Hospitals, Denies Entry to Doctors and Medical Aid !
- More than 50,000 U.S.-Backed Troops Are Fighting in Ukraine’s Civil War! Why?
9/11 Apartheid Bailout Bankruptcy Bible China CIA Collapse corruption Crime Currency depopulation Devaluation ethnic_cleansing EU Eugenics Europe Eurozone Famine Fascism FederalReserve Flu_Pandemic Fraud Gaza genocide Germany Global_Warming Gold GreatDepression Greece Hyper-inflation Illuminati Iran Iraq Israel Japan Libya Martial_Law Meltdown MIC Middle_East MSM NATO Nazi Nephilim New_World_Order nuclear Obama Occult oil Palestine Police_State propaganda Psyop Riots Russia Satan Saudi_Arabia Silver stock_Market Syria Terrorism Treasury Turkey UFO UK Ukraine UN Unemployment Unrest US Vaccine War weather Zionism
- Senator John McCain’s Whoops Moment: Photographed Chilling With ISIS Chief Al-Baghdadi And Terrorist Muahmmad Noor!
- Forensic Experts: James Foley Beheading Video Likely Fake! Footage Was Staged as War Propaganda!
- Dutch Intellectuals Apologize to Putin for Lies on MH17, Syria, Ukraine... !
- French Report ISIL(ISIS) Leader Al-Baghdadi Jewish Mossad Agent!
- Feds Warn of “Imminent” Terror Threat on U.S. Border! Possibly on 9/11/2014 !
- The History of the Illuminati ! The 13 Satanic Bloodlines!
- ISIS Leader Abu Bakr Al Baghdadi (Jew) Trained by Israeli Mossad, NSA Documents Reveal !