Economic Destruction of America by Jewish Banksters to Cause Civil Unrest/Racial War- Martial law to be Imposed in some Magor Cities with large Black populations(Obama Strongholds).
Mapping America excellent website from NY Times
Breakdown of racial make-up of America's big cities(sampling)
Legend
Red or Purple=White people
Blue=Black people
Green=Asian people
Orange or Yellow=Hispanic people
Racial make-up of Chicago
New York City
Los Angeles
Houston
By Don Walker and Mike Johnson of the Journal Sentinel
Gov. Scott Walker has ordered the Wisconsin State Patrol to provide additional law enforcement help at the Wisconsin State Fair after several incidents involving rampaging youths broke out on the fairgrounds and on the streets outside Thursday night.
Cullen Werwie, Walker's spokesman, said the governor made the decision after reviewing the events from Thursday night, in which at least 24 people were arrested.
"We will continue to evaluate the situation and make any adjustments necessary to ensure a successful and safe event. We will be doing everything in our power to ensure that parents feel that it is safe to bring their children to the world's best fair," Werwie said in a statement.
Also, Rick Frenette, CEO of the fair, announced that, because of the violence overnight, the fair would immediately implement a policy in which no youths under 18 years of age would be allowed onto the grounds after 5 p.m. without a parent or guardian who is at least 21 years of age. There will be no changes at the Midway.
Frenette, a veteran of 40 years in the fair management business, said he had never implemented such a policy before. The International Association of Fairs and Expositions said there is only one other fair in the country -- the South Carolina State Fair -- that has such a policy.
On Friday afternoon, Mayor Tom Barrett announced an increase in police presence at community events planned for the week. He said there would be no tolerance for violence at festivals and that perpetrators will be prosecuted -- regardless of race.
"Two years ago I was a victim of a random attack at State Fair… last night's events took place at State Fair that I don't believe are random," he said at a City Hall news conference.
Barrett didn't indicate if he believed the events were racially charged.
Barrett said this weekend is of special importance because of the Historic Third Association Jazz festival, the African World Festival and the Milwaukee Comedy Festival in addition to the fair. He said police presence will be increased at all events.
Alds. Bob Donovan and Joe Dudzik issued a joint statement in reaction to the violence: "Let's face it, it also has much to do with a deteriorating African American culture in our city. Are large groups of Hispanics or Hmong going out in large mobs and viciously attacking whites? No."
On Friday, police from three jurisdictions - West Allis, Milwaukee and Wisconsin State Fair - were piecing together a series of incidents late Thursday night at the fair in which large groups of youths rampaged through the midway and outside the grounds after closing. At least 24 were arrested, and seven officers were hurt, a State Fair official said.
Tom Struebing, chief of the State Fair Police, said two of the seven injured officers were hospitalized. One was hit in the face with an improvised weapon; the other suffered a concussion.
Struebing said the fights that broke out in the midway area involved black youths fighting other black youths. He said those fights were not racially motivated.
The incidents at the fair also caused confusion among police agencies. Anne E. Schwartz, the Milwaukee police spokeswoman, said West Allis police did not request mutual aid from the Milwaukee Police Department.
Schwartz said Milwaukee police responded to four incidents connected to the fair incidents, but those came from citizens calling police directly. She said one person was arrested by Milwaukee police on a warrant.
Officials could not say what started what witnesses said was a series of racially charged incidents that apparently began as early as 7 p.m. in the midway. The midway is located just east of the Pettit National Ice Center and adjacent to the Hank Aaron State Trail.
Milwaukee police confirmed there were assaults outside the fair as the fair was closing down. The fair closes at 11 p.m.
A State Fair official said most of those arrested were cited for disorderly conduct.
Milwaukee Police Chief Edward Flynn scheduled a news conference later Friday afternoon to discuss the incidents and his department's involvement. He is expected to be joined by officials of the NAACP and the Historic Third Ward Association, which is sponsoring Saturday's Historic Third Ward Jazz Festival.
Common Council President Willie Hines said he was at the fair Thursday night and witnessed black on black crime, but did not see any blacks attack whites.
He said that if there was, those individuals should be charged with the crime as well as a hate crime.
"They should be penalized for the prime incident and we should have a racial enhancer," Hines said.
Hines said State Fair Police acted appropriately and professionally. "They were working hard to control the chaos," Hines said.
He said there may have been some coordination problems with other police departments outside the grounds of the fair.
Witnesses report attacks
Witnesses told WTMJ-AM (620) that dozens to hundreds of young black people were beating white people as they left the fair late Thursday night. Patrice Harris, a spokeswoman for the fair, said a police alert she was given indicated four people were hurt.
"It looked like they were just going after white guys, white people," Norb Roffers of Wind Lake told WTMJ. He said he left the State Fair entrance near the corner of S. 84th St. and W. Schlinger Ave. in West Allis.
One eyewitness, a concession worker who works near the midway area, told the Journal Sentinel that large groups of African-American youths ran through the midway area, knocking over young children and adults, disrupting midway rides and tearing signs up.
"I have never seen anything like it," the worker said. "It was mob mentality."
The concession worker said the incidents began at 7 p.m. "All of a sudden a wave of kids were running through the midway," he said.
The worker said there was police, including officers on horseback, as well as other security, but it was not enough.
"All of a sudden we were hearing whistles," the worker said.
A 34-year-old Muskego man said he was riding on the Ferris wheel in the midway with one of his children when he heard shouts of "fight."
"The trouble really started somewhere between 7 and 8 p.m.," said the man, who did not want to be identified because he was worried about the safety of his family. "We just heard this roar start. It was almost like you're at a football game and a touchdown is scored and you just hear the crowd start roaring."
"I've never seen anything like this in my life. There were hundreds - like 200 to 300 would be my guess. It wasn't like 10 or 20. There was definitely a fight going on in the middle. There were so many people you couldn't see who was fighting. There was just this big group that kept growing and chanting, 'fight, fight, fight.' "
"That lasted for one to two minutes. Then when security showed up blowing some whistles, all of this mob started running. It was like a herd of cattle," he said.
The man described the crowd gathered around the fight as African-American, predominantly male and mainly 15- to 20-year-olds.
Fights break out
Another eyewitness, a Children's Hospital of Wisconsin worker who was with his wife, a daughter, a friend of his daughter's, a brother and a sister-in-law, said they arrived at the midway at 9:15 p.m.
At about 9:40 p.m., he said he saw the first of two fights break out.
"I couldn't see who was fighting but there was an incredible mob mentality," he said. The eyewitness estimated the mob at between 30 to 50 black youths.
"We felt threatened. Without a doubt," the eyewitness said.
He said a game-booth operator allowed his group to seek shelter in the booth while fights broke out.
"Fortunately, the police on horses arrived quite quickly," the eyewitness said.
The eyewitness said he was the recipient of several racially charged comments from the black youths. At one point, he said, he approached a security guard and told him he had better get more security to the scene. He said he told the security officer that "trouble was brewing."
"The scariest part is that we were trapped between the midway and the exits by the mob, we had no way out. It was very frightening," the hospital worker said. "It was glaringly obvious something was going to happen long before it did," the hospital worker said.
One woman, a Marquette University employee, had left the fair with a friend. She said they had just turned onto S. 84th St., across the street from the fair and were headed north toward I-94 when they saw young black youths running between cars on the street.
"Then groups of kids began surging, all running at cars," she said. "Some kids ran up on the hood of the car in front of us, bounced on it and jumped off. That guy looked like he got out of the car. When he came back his face was bloody."
She said she wasn't sure if the man was able to get medical attention. "I saw somebody in the car with cellphones, probably calling police."
"It was scary and it was confusing," she added. "We didn't know what was happening. We didn't see any law enforcement officer."
She said she and her friend were concerned that somebody would try to break into their car. "There were so many people coming at you. Yes, it was scary."
Another woman said she and her boyfriend were leaving the fair on a motorcycle about 11:30 p.m. Thursday when she saw a "mob of black teens picking on a very tall white teen" around S. 84th St. and W. Greenfield Ave.
"I stated to my boyfriend that there is going to be problems over there and I hope the cops are watching this and within seconds I saw the white teen attempting to punch his way out of a circle of black teens," the woman said in an e-mail to the newspaper. "My heart just fell for him. As we turned, I saw security at the entrance to the State Fair and I yelled get over there! They are beating up a kid! We turned, as we went toward the expressway we then had to witness the police involved in multiple stops and incidents down 84th."
Harris said Friday that police officers were involved in breaking up numerous fights at the midway. She could not immediately provide a number, but said a number of arrests were made. Most of the arrests were for disorderly conduct.
"Throughout the night we had fights, but that's not atypical," Harris said.
Rick Pries of Milwaukee had spent the entire day at the fair with a friend and her two grandchildren.
"We were in the midway and it was very crowded. While the kids were waiting in line I noticed large groups of black males running through the very crowded midway, yelling there was a fight," Pries said. "There were several of these large groups all converging to this location."
Pries said he decided to take the two children he was watching out of a line they were waiting in and leave the fair.
"There was very little security," he said. "And the few that were there would have been overwhelmed by the sheer number of troublemakers," Pries said.
The concession worker said he was not personally hassled, but he was concerned the youths would attempt to take his cash register. He closed his concession stand early for safety reasons.
"I was planning to take my kids to the fair tonight," he said Friday morning. "I definitely won't now."
The Wisconsin State Fair is located in different jurisdictions. The north side of the fairgrounds from the Hank Aaron State Trail north is in the city of Milwaukee. The rest of the fair is in West Allis. Adding to the confusion is that the Wisconsin State Fair Park police has jurisdiction only on the fairgrounds, not outside of it.
Similar disturbances
The fair incidents are similar to mob-like disturbances that occurred over the Fourth of July weekend in Milwaukee.
About 60 young people beat and robbed a smaller group that had been watching fireworks from Kilbourn Reservoir Park. The injured people were white; the attackers were African-American, witnesses said.
Another group looted a convenience store at a gas station at the corner E. North Ave. and N. Humboldt Blvd.
The incidents Thursday night come as the State Fair board over the last decade has worked to increase diversity at the annual fair, expanding its entertainment lineup and marketing to appeal to a younger, more multicultural audience. Diversity was a priority for State Fair Park Chairman Martin Greenberg, who spoke often of making it "truly the people's park" - a "place of inclusion, not exclusion."
Thursday night's Main Stage performer was rapper MC Hammer, but a number of people who attended the concert said the show wasn't to blame at all for the disturbances at the fair. One woman said the crowd watching Hammer was mostly white and adult and any children there seemed to be with parents.
Another woman said the concert was "very laid back and had no craziness that we witnessed at all. The craziness was in the midway," she said.
Journal Sentinel staff writers Rustin Fakheri, Breann Schossow and Annysa Johnson contributed to this report.
Obama's America
Unemployment Levels near 50% for Black youth, 25% to 35% for Youths in general=disaster in the making!
Both Republican and Democrat politicians SOLD OUT AMERICA!
(excerpt from Economic Collapse Blog)
From now on, whenever you hear the term "the global economy" you should immediately equate it with the destruction of the U.S. middle class. Over the past several decades, the American economy has been slowly but surely merged into the emerging one world economic system. Unfortunately for the middle class, much of the rest of the world does not have the same minimum wage laws and worker protections that we do. Therefore, the massive global corporations that now dominate our economy are able to pay workers in other countries slave labor wages and import the products that they make into the United States to compete with products made by "expensive" American workers. This has resulted in a mass exodus of manufacturing facilities and jobs from the United States.
But without good, high paying jobs the U.S. middle class cannot continue to be the U.S middle class. The only thing that the vast majority of Americans have to offer in the economic marketplace is their labor. Sadly, that labor has now been dramatically devalued. American workers now must directly compete for jobs with millions upon millions of workers on the other side of the world that toil away for 15 hours a day at slave labor wages. This is causing jobs to leave the United States at an almost unbelievable rate, and it is putting tremendous downward pressure on the wages of millions of jobs that are still in the United States.
So when you hear terms such as "globalization" and "the global economy", it is important to keep in mind that those are code words for the emerging one world economic system that is systematically wiping out the U.S. middle class.
A one world labor pool means that the standard of living for the U.S. middle class will continue falling toward the standard of living in the third world.
We keep hearing about how the U.S. economy is being transformed from a "manufacturing economy" into a "service economy". But "service jobs" are generally much lower paying than "manufacturing jobs". The number of good paying "middle class jobs" in the United States is rapidly decreasing. So how can the U.S. middle class survive in such an environment?
What makes things even worse for manufacturers in the United States is that other nations often impose a "value-added tax" of 20 percent or more on U.S. goods entering their shores and yet most of the time we do not reciprocate with similar taxes.
But whenever someone mentions how incredibly unfair and unbalanced our trade agreements with other nations are, they are immediately labeled as a "protectionist".
Well, someone should be looking out for U.S. interests when it comes to trade, because the current state of the global economy is ripping the U.S. middle class to shreds.
Right now, the United States consumes far more wealth than it produces. This nation buys much, much more from the rest of the world than they buy from us. This is called a "trade deficit", and it is one of the most important economic statistics. The U.S. runs a massive trade deficit every single year, and it is wiping out our national wealth, it is destroying our surviving industries and it is absolutely shredding middle class America.
We cannot allow tens of thousands of factories to continue to leave the United States. We cannot allow millions of jobs to continue to be "outsourced" and "offshored". We cannot allow tens of billions of dollars of our national wealth to continue to be transferred into foreign hands every single month.
The truth is that the global economy is bad for America. The following are 23 facts which prove that globalism is pushing the standard of living of the middle class down to third world levels....
#1 From December 2000 to December 2010, the U.S. ran a total trade deficit of 6.1 trillion dollars.
#2 The U.S. trade deficit was about 33 percent larger in 2010 than it was in 2009.
#3 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.
#4 The U.S. economy is rapidly trading high wage jobs for low wage jobs. According to a new report from the National Employment Law Project, higher wage industries accounted for 40 percent of the job losses over the past 12 months but only 14 percent of the job growth. Lower wage industries accounted for just 23 percent of the job losses over the past 12 months and a whopping 49 percent of the job growth.
#5 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.
#6 In Germany, exports account for approximately 40 percent of GDP. In China, exports account for approximately 30 percent of GDP. In the United States, exports account for approximately 13 percent of GDP.
#7 Do you remember when the United States was the dominant manufacturer of automobiles and trucks on the globe? Well, in 2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.
#8 In 2010, South Korea exported 12 times as many automobiles, trucks and parts to us as we exported to them.
#9 The U.S. economy now has 10 percent fewer "middle class jobs" than it did just ten years ago.
#10 The United States currently has 7.7 million fewer payroll jobs than it did back in December 2007.
#11 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.
#12 In 2002, the United States had a trade deficit in "advanced technology products" of $16 billion with the rest of the world. In 2010, that number skyrocketed to $82 billion.
#13 The United States now spends more than 4 dollars on goods and services from China for every one dollar that China spends on goods and services from the United States.
#14 In China, working conditions are so bad that large numbers of "employees" regularly try to commit suicide. One major employer, Foxconn, has even gone so far as to install "anti-suicide nets" in an attempt to keep their employees from jumping off of their buildings.
#15 Wages for workers in China are incredibly low. For example, one facility in the city of Longhua that makes iPods employs approximately 200,000 workers. These workers put in endless 15-hour days but they only make about $50 per month.
#16 In Bangladesh, manufacturing workers toil in absolutely horrific conditions and make an average of about $38 per month.
#17 In Vietnam, teenage workers often work seven days a week for as little as 6 cents an hour making promotional Disney toys for McDonald's.
#18 Since 2001, over 42,000 manufacturing facilities in the United States have been closed.
#19 Half of all American workers now earn $505 or less per week.
#20 In the United States today, 6.2 million Americans have been out of work for 6 months of longer.
#21 8.4 million Americans are currently working part-time jobs for "economic reasons". These jobs are mostly very low paying service jobs.
#22 When you adjust wages for inflation, middle class workers in the United States make less money today than they did back in 1971.
#23 According to Willem Buiter, the chief economist at Citigroup, China will be the largest economy in the world by the year 2020, and India will surpass China by the year 2050.
Those that promote "free trade" can never explain how the U.S. middle class is going to continue to have plenty of jobs in the new global economy.
By merging our labor pool with the rest of the world, we have also merged our standard of living with the rest of the world. High unemployment is rapidly becoming "the new normal" in America, and wages are going to continue to decline in many, many industries.
Already, there are quite a few formerly great U.S. cities (such as Detroit) that are beginning to resemble third world hellholes. If something is not done about our massive trade imbalance, even more cities are going to follow Detroit into oblivion.
Unfortunately, most of our politicians continue to insist that globalism is good for our society. They continue to insist that we should not be worried that jobs formerly done by middle class American workers are now being done by slave laborers on the other side of the globe. They continue to insist that having 43 million Americans on food stamps is a temporary thing and that soon our economy will be better than ever.
Well, it is time to stop listening to the politicians that are promoting "the global economy". They are lying to us.
Globalism is great for nations such as China and it is helping multinational corporations make huge profits, but for the U.S. middle class it is an economic death sentence.
If you want an America where there are less jobs, where more Americans are on food stamps and other anti-poverty programs and where our cities continue to be transformed into deindustrialized hellholes, then you should strongly support the emerging global economy.
But if you care about the standard of living of the U.S. middle class and you want for there to be some kind of viable economic future for your children and your grandchildren then you had better start caring about these issues and doing something about them.
Please wake up America.
Racial tensions in America
The Long Steady ECONOMIC DECLINE causes Downgrade in U.S. Credit worthiness-will lead to other economic "downgrades"...??? you figure it out!
WASHINGTON — The United States lost its top-notch AAA credit rating from Standard & Poor's Friday in a dramatic reversal of fortune for the world's largest economy.
S&P cut the long-term U.S. credit rating by one notch to AA-plus. The credit agency said it was making the move because the deficit reduction plan passed by Congress Tuesday did not go far enough to stabilize the country's debt situation.
U.S. Treasury securities, once undisputedly the safest investment in the world, are now rated lower than bonds issued by countries such as the United Kingdom, Germany, France or Canada.
The move is likely to raise borrowing costs eventually for the American government, companies and consumers.
"The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics," S&P said in a statement issued late Friday, after financial markets were closed for the week.
Read the full S&P report in PDF format
The decision follows a bitter political battle in Congress over cutting spending and raising taxes to reduce the government's debt burden and allow its statutory borrowing limit to be raised.
On Tuesday, President Barack Obama signed legislation designed to reduce the fiscal deficit by $2.1 trillion over 10 years. But that was well short of the $4 trillion in savings S&P had called for as a good "down payment" on fixing America's finances.
The political gridlock in Washington and the failure to seriously address U.S. long-term fiscal problems came against the backdrop of slowing U.S. economic growth and led to the worst week in the U.S. stock market in two years. The S&P 500 stock index fell 10.8 percent in the past 10 trading days.
"When they finally dealt with the debt ceiling, they obviously kicked the can down the road, and the market did not need that," said William Larkin, fixed income portfolio manager at Cabot Money Management in Salem, Mass.
"I don't think it is a great shock," he said, regarding the downgrade. "If it didn't happen now, I think it probably would have happened in a couple of months."
"A double-A plus is not a big issue, but it is going to have an impact. There are going to be ripples going across the pond."
The outlook on the new U.S. credit rating is negative, S&P said, a sign that another downgrade is possible in the next 12 to 18 months.
"We have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics any time soon," S&P said.
Despite the downgrade, the Federal Reserve said banks and other institutions it regulates issued would not have to make any changes to comply with regulations on risk-based capital.
U.S. government officials had been bracing for a downgrade.
CNBC's John Harwood reported that S&P told the federal government at 1:30 p.m. ET Friday that it was preparing to downgrade the country's rating. But Harwood reported that after U.S. officials pointed out an error in how S&P computed the ratio of U.S. debt to the gross domestic product, S&P decided to reconsider.
A source said S&P's calculations were off by "trillions," CNBC reported. A source familiar with the discussions said that the Obama administration believes S&P's analysis contained "deep and fundamental flaws."
The rating agencies have been under fire since the financial meltdown of 2008 because they often gave high ratings to bundles of mortgage-related securities that were risky and ultimately failed.
The impact of S&P's move was tempered by a decision from Moody's Investors Service earlier this week that confirmed, for now, the nation's top-drawer Aaa rating. Fitch Ratings said it is still reviewing the rating and will issue its opinion by the end of the month.
"It's not entirely unexpected," said Vassili Serebriakov, currency strategist at Wells Fargo in New York. "We expect some further pressure on the U.S. dollar, but a sharp sell-off is in our view unlikely. ... There are still few alternatives to the U.S. Treasury market in terms of depth and liquidity."
S&P's move is likely to concern foreign creditors especially China, which holds more than $1 trillion of U.S. debt. Beijing has repeatedly urged Washington to protect its U.S. dollar investments by addressing its budget problem.
The downade could add up to 0.7 of a percentage point to U.S. Treasuries' yields over time, increasing funding costs for public debt by some $100 billion, according to SIFMA, a U.S. securities industry trade group.
S&P had placed the U.S. credit rating on review for a possible downgrade on July 14 on concerns that Congress was not adequately addressing the government fiscal deficit of about $1.4 trillion this year, or about 9.0 percent of gross domestic product, one of the highest since World War II.
The unprecedented downgrade of the nation's AAA credit rating by a major ratings agency comes only 15 months before the next presidential election where the downgrade and the debt will be top issues for debate.
Bitter political battles remain over the ideologically fraught issues of spending cuts and tax reform.
The compromise reached by Republicans and Democrats this week calls for the creation of a bipartisan congressional committee to find $1.5 trillion of deficit cuts by late November, beyond the $917 billion already identified.
Reuters and CNBC contributed to this report.
Greedy, Corrupt, Criminal Banksters to "finish America off"...
"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." - Napoleon
"The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity." - Abraham Lincoln
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - Thomas Jefferson
The power of life and death over what's left of the American economy and the millions of people who depend on Social Security checks now rests in the hands of twelve bought off officials who will make up the new Super Congress.
According to NPR, Paul Ryan, Eric Cantor, Harry Reid, and Mitch Mcconnell could be tapped to serve as the top destroyers of America, taking direct orders from the criminal bankers on Wall Street.
The Super Congress will use dictatorial powers to bypass constitutional checks and balances and ram through a fascist agenda through the Congress under the flawed premise that they are bringing the fiscal house in order.
What is not mentioned is that America's fiscal house was destroyed when Congress was bullied into handing over trillions of dollars to banks that committed fraud in September 2008. That act of high treason was preceded by another act of high treason seven years earlier, when the Bush administration staged the false flag 9/11 attacks.
The attacks were used to justify a manufactured war on terrorism that has channelled trillions of dollars from the American people into a tiny oligarchy that controls the financial-military-industrial complex.
But that history is missing in the corporate media. Instead of informing the American people about the robbery and treason that has taken place, news anchors and reporters are spreading lies and disinformation that Social Security is an unfunded liability and needs to be cut in order for America to have a sound economic future.
The Peter G. Peterson Foundation is behind a billion dollar propaganda campaign that is injecting these lies into the media to control the political discourse and help the financial parasites and oligarchs to loot Social Security and Medicare.
Back in April 2010, economist Dean Baker exposed Peterson's trickery and corruption, writing:
The media should be jumping on deficit hawks like Peterson, asking him why anyone should take him seriously now when he was so incredibly and disastrously wrong about the economy just a few years ago. Unfortunately, Peterson doesn't get questions like that; he just gets praise for his willingness to try to take Social Security and Medicare away from retired workers.
The problem is that Peterson has billions of dollars. To the national media and other actors in national policy debates, Peterson's wealth matters much more than whether or not what he is saying makes sense.
Who is Pete Peterson and why does he want to kill Social Security?
Peterson is a connected insider and a surrogate for the financial parasites that have occupied and looted America since the creation of the private Federal Reserve Bank in 1913. Peterson served as the Chairman of the corrupt Council on Foreign Relations from 1985 to 2007, following the chairmanship of David Rockefeller. He was also Chairman of the Federal Reserve Bank of New York from 2000 to 2004, the most important of the Federal Reserve banks.
Peterson's aims are the aims of the global private banking cartel that wants to get rid of the social safety net, destroy the American middle class, abolish nation states, and establish a new world authoritarian government that they will control.
On May 25, 2010, Jane Hamsher wrote an article that focused on the political foundations that are funded by Peterson to deliver the false message to the American people that the Social Security System is broken. Hamsher said:
Many of the efforts Peterson funds focus on teaching young people. The message that social security is in trouble, and will not be there for you when you get old unless it is “fixed,” has been a key tenet of Peterson’s campaign. The 990 indicates that in addition to financing the propaganda film I.O.U.S.A., he spent $1,124,987 on MTV advertising. I’ve been told that this is a very compelling message to young staffers in the White House, who support the concept of cutting benefits in order to “save” Social Security.
If Pete Peterson, David Rockefeller, and other criminal financiers have their way, the American people's pensions will be looted along with America's national infrastructure as soon as they are privatized and handed over to politically connected banks and corporations. The crooks in the Super Congress will try to sell the massive rip-off to the American people as "fiscal sanity."
Once the riots begin and martial law is declared, the Super Congress will take over and run Washington while the rest of the Congress will be told to go home for their own safety.
The media propaganda machine might say something like: "Congressmen and Senators are being threatened with assassination as protests increase in Washington, so for their own safety they have been sent back to their districts with security guards assigned to them. Meanwhile, the Super Congress that was created back in August will stay behind to carry out their congressional duties."
Can you see the bigger picture? It may not be evident now, but in six months or a year from now we will see the real reasons why the Super Congress was created.
Can you see the death and destruction that awaits America because of the treason that has been committed against the American people and U.S. Constitution?
The reason this new power grab by the Super Congress is so dangerous is because it represents the official end of constitutional government in the United States. Combine the power of the Super Congress with the power of dictatorial executive orders that have been used by Bush and Obama, and what you get is the absolute destruction of freedom, the American Constitution, and the rule of law.
The Super overlords in the new imperial Congress and President Obama will force austerity cuts on the American people, just like the paid-off politicians are doing in Greece. America will go through what Greece is going through right now, and what Argentina went through in the beginning of the last decade except it will be ten times worse in America.
And who is responsible for the collapse of nations and the destruction of national economies? The traitorous and criminal parasites who control the private Federal Reserve Bank, IMF, WTO, and World Bank.
They are not capitalists and representatives of the free-market, they are corporate fascists and oligarchical monopolists. So don't blame capitalism for America's destruction. Blame plutocracy. Blame stupidity. Blame media brainwashing. Blame treason.
Investigative journalist Greg Palast covered the IMF rape of Argentina. On August 12, 2001, Palast wrote in an article called, Who Shot Argentina? The Finger Prints On the Smoking Gun Read 'I.M.F.’:
Next to the still warm corpse of Argentina's economy, the killer had left a smoking gun with his fingerprints all over it.
The murder weapon is called, "Technical Memorandum of Understanding," dated September 5, 2000. It signed by Pedro Pou, President of the Central Bank of Argentina for transmission to Horst Kohler, Managing Director of the International Monetary Fund.
The IMF vultures have gobbled numerous third-world nations in the last few decades and left millions of human beings to rot and die like animals. But America is different. You can not gobble up a nation where the people have more guns than the government.
Plus, there is a massive political awakening happening in America. The American people are waking up to the fact that America has been financially and spiritually occupied since 1913 by the same parasitic financial system that was defeated by George Washington, Thomas Jefferson, John Adams, Benjamin Franklin, and the revolutionary American colonists.
There was a counter revolution in the late 19th and early 20th century. America, like most other nations, was turned into a colony of a global financial empire that treats nations in the same way that prisons are treated. The people are worked to death and their wealth is stolen from them through an income tax that goes directly to the managers of the global financial cartel who contribute nothing of value to society.
The money that global financiers lend to national governments through their private central banks is made out of thin air. And when they stop lending, the economy stops and people die.
On May 4, 2010, Palast said on the Alex Jones show that there is an economic crisis and an unemployment crisis because there is no credit in the economy:
Obama made a claim that he saved the financial system. No he didn't. He saved the financiers, and he doesn't seem to understand there is a difference between financiers who were bailed out and the financial system. Try to get a loan today. Try to get a mortgage today. You can't. If you're a small business you can't borrow money today. It's impossible. No one will give you money. There is no credit in the system. That's why we're on our knees.
The financiers at the Federal Reserve who are holding America hostage and destroying the American economy can be classified as financial terrorists and war criminals. They are engaging in economic warfare against the American people. Other nations that are ruled by the IMF and private global central banks are also being financially conquered.
"The people of Greece need to stand up to financial terrorism because Greece goes down, Ireland goes down, Portugal goes down, Spain goes down, and they're going to come to the U.S. And the U.S. is going down by the same financial terrorists," said financial analyst Max Keiser in June.
The time for resistance to the financial occupation of the planet has come. This is our generation's fight. We must get rid of the IMF, World Bank, WTO, Federal Reserve Bank, and other private central banks that are looting every country they're in.
Public banking is an idea whose time has come.
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