Is the US economy lost?

 

The questions are simple, but the answers they invoke may be extremely complex!

1) What should the U.S. do in order to recover from that fraudulent Derivatives Market that got us here in the first place?

2) Is there a way to save the economy to prevent a depression, and what would it take?

3) Are there other imminent crises approaching, and will those crises have the potential to totally disfigure our economy forever?

Robert David Steele Vivas. 

“Restore integrity to the electoral system and thence to governance. That is why I ran for President briefly (see We the People Reform Coalition for the obvious ideas — all it takes is intelligence with integrity), and why I personally checked out every other Presidential candidate. Ron Paul and Dennis Kucinich are “controlled opposition” and used to keep the honest inside the corrupt party walls.

The USA is a two-party tyranny, and what I discovered is that not a single other “third party” candidate — Rocky Anderson, Gary Johnson, Jill Stein specifically — was willing to join a coaliton of “all of us” demanding electoral reform — they are all still wrapped up in their smaller egos and identities.

As best I can tell, the fix is in, the election will be stolen nine different ways, but Obama has received a deal an order of magnitude better than the deal Al Gore accepted to roll over and play dead in 2000, so odds are that Obama will be going back to Chicago in January 2013.  I had really thought Cheney would wake everyone up — yet here today, 935 documented lies later, the neocons are alive and well.

I realized Obama was a fraud the moment he appointed Rahm Emanuel as Chief of Staff. The U.S. public is paying the price for allowing itself to be dumbed down and shut out. Occupy had a chance but was very quickly fragmented and bribed into the sidelines. Most if not all of the preconditions for revolution exist in the USA.

If a soccer mom torches herself on the steps of the Capitol, after posting an anguished YouTube, perhaps it will drive the people to the streets, but I have the very uneasy feeling that instead the USA will gradually break up as states and local communities begin to pursue their own resilience strategies, refuse to pay federal taxes, nullify federal regulations [that are really nothing more than a means for Congress to extort money from industries by “exempting” (for a price) or not implementing (for a price)].

I wrote a piece some time ago, Paradigms of Failure; another author has written a book called The Cheating Culture. The USA has been led astray by two political parties more concerned with keeping power and helping those who funded them loot the public treasury. We have no one to blame but ourselves. The only winner in 2012, regardless of who wins, will the central banks and the private families that they front for.  Only Iceland has it right — put them in jail, wipe the books clean, and start over with transparency, truth, and trust.”

 

Claude Nougat. 

“Is the U.S. economy tendentially weak and open to recurring catastrophes and can it be secured and set on a path of balanced, equitable growth?

The answer is, yes; I’m an optimist. Theoretically (and here I speak as an economist), we have the means to control booms and busts, but there’s a problem: for political reasons, we don’t use them.
We prefer to allow democratically all the forces of society to come forward and fight for their own convictions. This creates a situation of stall. Nobody takes the right decisions and even if one wanted to (say the U.S. President), it wouldn’t be possible: the Tea Party has highjacked Congress two years ago and systematically blocked any attempt at governance because those attempts originated from the Democrats which of course the Republicans oppose.
It’s hard to govern in a deeply polarized society! To conclude: while the problem is an economic one and the solutions do exist, they cannot be applied because of the politics of the situation. Will the coming election solve the “stall”? I doubt it. No matter who wins, we’ll be back to a polarized system (Congress fighting the administration) that effectively prevents any move forward.
That’s what historians call decadence.”

 

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