The Federal Government Uses The Fighting Political Parties To Fool The People All Of The Time

QUESTION:

Which news did you hear emphasized the most this week?

1. The US National Debt Has Exceeded The US Gross Domestic Product for the first time
2. How Will The Payroll Tax Cut Be Paid For And Has The Loss In Input Into Social Security Changed The Predicted Insolvency In The Year 2042?
3. The "Winners" and "Losers" In The Payroll Tax Cut Fight Between The Democrats And The Republicans

It is my opinion that this country has never faced to the present proportions the amount of debt risk that we presently face and the fraudulent array of 'financial managers' adding fuel to the fire.  

By far the news media (of all stripes and biases) are the most significant enablers that allow this fraud to happen.   The primary mechanism that they use is to cast important financial matters that will most assuredly negatively impact the future fiscal standing of this nation as a "Death Match Between Democrats And Republicans" and then analyze who won and who lost.

My wife motivated me out of the bed this morning as she turned on the "Housewives Of {Fill In The Blank}".   In "New Jersey" and then "Orange County" one woman with a social disorder was seen agitating a fight with another woman on the cast.  In as much as I have no interest what so ever in watching this foolishness - I left.    As I thought about it - this is the perfect model of what goes on between the Democrats and Republicans on various fronts - The US House, The US Senate, the White House and government at other rungs in the nation.

WHAT DOES THIS MEAN?
This nation now owes in long term debt more than it produces in economic output.
It is forced to pay interest payments to keep the debt afloat.
The growth in Interest Payments is the fastest growing segment of the federal debt.
But for the Federal Reserve's ability to keep the interest rates on Treasuries down - this amount would be far higher.

The Payroll Tax Cut

I have already argued that the label "payroll tax" is a misnomer.  It is more akin to an "annuity payment".  The worker invests him money into the annuity with the expectation that he will receive a payout in the future.  

It is the GOVERNMENT, which takes this money and then places it into the general fund, putting an "IOU" into the annuity that functionally converts this "annuity" into revenues for the general fund and thus an "income tax" used for current operations.

The foundation of all that is going on is the plain truth that the average American is more concerned with retaining his present standard of living over their concerns for how this entrenchment is going to negatively impact their long term future.

When you listen to media operatives it is imperative that you keep an ear out for a POLITICAL operatives versus a FINANCIAL operative.   Within the mainstream media - and the "press operatives" that lurk on both sides of the political spectrum - there is an increasing number of that that speak in terms of "The Malcolm X Political Football Game" and the victory or loss of "Their Side".

For the life of me I can't understand how people can be compelled by the story of the person who tells of what "$40 more per paycheck" would mean to them - on the way to Americans looking past the $33,000,000,000 COST of this proposal and, more importantly WHERE THE MONEY CAME FROM.

As I type this article I am watching "CNBC's 'American Greed' " which details various financial con men.  The US government and its operatives appears to use their basic techniques but does so on a far larger scale:

• Accounting Fraud
• Fraudulent Projections
• The Use Of Marketing Propaganda
• Bribery 

The main reason why this is all allowed is because - at present - all of this is "funny money" which has no negative impact that is apparent to the masses.  Thus this same institution that has a debt of $15,000,000,000,000 is able to keep growing this amount because they still have the confidence of most Americans - who are looking at their own monthly financial situation.