Quote:
Originally posted by princedonte
Our GDP was down last quarter if its down this quarter we will be joining Canada. But I think Obama might cook the books like he did the last time.
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Obama has cooked the books this since he's been in office (but Bush did his share too), including creating jobs that didn't even exist in Ohio the month before the 2012 election to get the unemployment rate to 7.8%, just below 8%, because he said he didn't deserve reelection if he didn't get the rate below 8% by the end of his first term.
Right now Obama says he's got the unemployment rate down below 6%, but that's only because the Labor Participation Rate, or the percentage of Americans eligible to work actually working, is at an all time low (well below 70%). So Obama's manipulated the rate by eliminating people who gave up looking for work, went back to school (like me), or had to settle for part-time work.
The true unemployment rate is closer to 20% (when measured as it was in the 1970's), just like the real inflation rate (including all the things they didn't use to exclude in the 1970's when we had stagflation) is around 10%, not 2% as the mainstream news advertises each night.
I'm a Libertarian, definitely not a Republican, so I have equal contempt for both the Republicans and Democrats, and Americans should have had their eyes opened to realize there is no difference between the two after the TPA passage last week where Marco Rubio (who is running for POTUS and wants your support) cast the needed 60th vote WITHOUT EVEN READING THE LEGISLATION, despite the fact most Americans didn't like the bill because they could not read it.
The people ensuring it was passed received anywhere from $3-$9 million from the corporations pushing the bill though. I support free trade, but that's not what this set of bills is really about. Until Americans wake up and man up to vote both sides of the corrupted establishment duopoly out of office, things will continue to worsen.
Our debt situation is worse than what Greece was suffering under, so it's only a matter of time before we deal with that. And until we get a party into power, like the Libertarians, who are serious about balancing the budget and reducing the debt, instead of just reducing the rate by which the debt is growing, the US is in danger of falling off a fiscal cliff similar to Greece,
Our Mainstream Media won't tell you this, because it is owned by the same corporations who own the two establishment parties in power and are working to keep others out of power. Look for
Truth In Media on the web, a website operated by
Ben Swann, for legitimate news stories. Occasionally one of my articles gets on there.
I'm working on my Master's in Mass Communications and Journalism as well, so I have learned multiple ways of seeing through the curtain the Democrats and Republicans try and distract Americans with every day. I just wish more people would realize the duopoly in power doesn't care if we have a depression because it won't feel the effects anyway.
There's a good reason why the study from Princeton and Northwestern University says we're now run by a Corporatist Oligarchy form of government, where a small group of huge corporations and big government subsidize each other to keep competition out of power. We used to be a capitalist constitutional republic, a step above a democracy. We still have time to get back there if voters take action, but we're running out of time.
If you don't like the Libertarians, vote for the Green Party, the Constitution Party, or the Justice Party (the next three largest minor parties). They, like the Libertarians, actually do have the voters' interest in mind (even if I don't agree with their ideology), and aren't bought off by special interest groups like the Republicrats. Anything to get the corrupted duopoly out of office and get the power back to the American people.
