by Kurt Nimmo, Kurt Nimmo on Geopolitics:
We are on a debt-financed primrose path terminating in poverty and want, to say nothing of thermonuclear war.
As I write this, Americans are going to the polls to vote for this or that faction of the corporate uniparty. Einstein was right when he said the definition of insanity is doing the same thing over and over and expecting different results. Every two years, Americans vote for the same uniparty selected candidates expecting the serious issues of inflation, crime, drugs, etc. to be addressed, only to get broken campaign promises and more of the same.
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Ukraine is hardly on the radar—and yet tens of billions of dollars added to an astronomical debt, conservatively estimated at over 30 trillion, will not go to help the American people. It will be spent in one of the only growth sectors of the economy—“defense,” where death merchants embrace windfalls—and the destructive, poverty-inducing policies of the federal reserve and central bankers will continue to be explained away as corporate greed.
In fact, the neocons and “humanitarian (sic) interventionists” are pushing to increase weapons sales. “Bill LaPlante, the Pentagon’s chief weapons buyer, said that he expects Congress to grant the authority to allow wartime purchasing power at a level not seen since the Cold War,” writes Dave DeCamp.
To continue arming Ukraine, LaPlante has been calling for the Pentagon to be granted the authority to lock in multiyear contracts for weapons purchases, which are typically reserved for procuring naval vessels and warplanes. The idea is to get arms makers the incentive to ramp up production.
Congress will not seriously address—except during elections—rising crime rates, an opioid crisis, the dissolution of the middle class, and out-of-control inflation (now 20%, not the “official” number of 8.6%). Inflation is driven by a “loose” monetary policy and the foolish injection of trillions of dollars into the economy to mollify an increasingly grumpy populace during a blown-out-of-proportion pandemic.
If you read the “news,” however, you get the impression inflation is created by greedy corporations. Democrats love this fallacious explanation peddled by the corporate media.
During a recent House oversight subcommittee hearing, Rep. Katie Porter, D-Calif., pointed to data from an Economic Policy Institute report which found that more than half of the increased prices people are paying are coming from increases in corporate profits, and not from higher overhead costs associated with operation and labor.
In other words, this Democrat suffers from either a) stupidity and an inability to comprehend economic theory—which you’d think would be part of her job—or b) lying to divert attention away from the real culprits, the ruling financial elite.
Bigger corporate profits account for *over half* of the higher prices people are paying. pic.twitter.com/RZr5O0X4oJ
— Rep. Katie Porter (@RepKatiePorter) October 18, 2022
As Ron Paul noted last May as the lockdowns waned, the federal reserve enables the disastrous spending OCD affliction rampant across a bought-and-paid-for Congress.
[Fed Chairman Jerome] Powell does not want to admit that the real reason the Fed will continue to keep rates low is that increasing rates will cause the federal government’s interest payments to rise to unsustainable levels.
Congress will speed up the effort to impoverish the nation, and turn it into a third-world hellhole, by magically creating a mountain of devalued fiat dollars and steering it toward the insatiable maw of the death merchants—all in the deceptive name of saving non-existent “democracy” from the evil machinations of Vladimir Putin, Kim Jong-un, Xi Jinping, and other selected enemies.
The Senate has added an amendment to its version of the 2023 National Defense Authorization Act to grant the authority [to purchase an endless supply of death machines]. It would allow the Pentagon to make multiyear purchases through 2023 and 2024 of certain arms made by Lockheed Martin, BAE Systems, Kongsberg Defence & Aerospace, and Raytheon, the former employer of Secretary of Defense Lloyd Austin.
LaPlante was ecstatic. “They [Congress] are supportive of this. They’re going to give us multiyear authority, and they’re going to give us funding to really put into the industrial base―and I’m talking billions of dollars into the industrial base―to fund these production lines,” he said during a press conference last week.