Babylon's Bankers

US GOOBERNMENT: “THE ECONOMY IS PICKING UP!” US ...

Only inside the crazed make-believe world of the Washington DC beltway - inside the nitrous oxide atmospheres of Capitol Hill or the White House - would the American economy be considered healthy, sound, or, as some wags would have it, "picking up," while there are homeless people who've dropped off the radar, while the credit default-swapping and mortgage-frauding banksters continue to draw down bonuses, and while America makes nothing anymore (except, perhaps, war).

Well, here's one that I couldn't believe, which many of you sent me. In fact, I still cannot believe it. In fact, I am still doing double takes, and chain-smoking like a locomotive to calm my anger at the "two" gutless political and the culture of mercantilist corruption in DC that has led to this mess. In fact, these are the most sobering numbers I've ever read, and trust me, I've read quite a few, for many of you send me this or that article on financial matters, commodity prices, bond prices, derivatives... you name it, I've read it, but nothing took my breath away quite like this one, and nothing has so angered me quite like this one.

And here's the rub, folks: these are the CIA's numbers, and the CIA is telling us "we're in a mess" (and that's putting it euphemistically):

This Will Blow Your Mind! Think All Is Well With The US Economy?

That's right folks... a mere two decades after German reunification, when the wags on Wall Street and Washington were blitzing us with articles about how the German reunification spelled long term financial problems for that country (due to the colossal economic stupidity of the Communist Eastern Zone in ruining its portion of the German economy), a country the size of the state of Texas and with less than half the American population leads the world in account balance, while the United States comes in...dead last, behind such stellar economies as Lesotho, Tanzania, Ghana...

You get the picture. What does it all mean? Well, this article sums it up nicely:

The Worst In The World – The U.S. Balance Of Trade Is Mind-Blowingly Bad

And just in case you missed it in the second article, here it is again, country simple: "We are continually consuming far more wealth than we produce, and that is a recipe for economic disaster."

Years ago Ross Perot described the effects of NAFTA and GATT and all the other free trade kookery that the banksters and corporations were peddling as "that great sucking sound..."

Now, there's no sound, because there's no more economic oxygen to suck.

See you on the flip side.

24 thoughts on “ US GOOBERNMENT: “THE ECONOMY IS PICKING UP!” US ...”

  1. chiropractor69

    Is this why Germany is top? “In actual fact there is no money left in the vaults of the Vatican Bank, and again only through an act of the same Pope who has resigned under suspicious circumstances.

    When the German Cardinal became Pope seven years ago, in one of his first acts he made himself the head of the Vatican Bank, and immediately transferred all the reserves of the second biggest bank in the world to the central bank of Germany, as the same central bank transfers to Germany were done by the so-called European Union treaty as a pre-condition to start off the Euro as a currency.

    But this time the Vatican money was used to support the losses of the western Christian governments that have lost everything in recent years through the market and bank failures.

    This was done to preserve the superiority of the so-called Christian European governments in the present financial troubles in Europe and the USA.

    The initial reason for the transfer of the Vatican’s wealth to the central bank of Germany in the first days of the new Pope coming into power was to avoid paying the large claims in the court cases in the United States and Ireland and around the world for the priests who have abused children.

    So when the international court claims were served on Vatican to pay these heavy penalties for the wrong doing of its priests then there was no physical finance to pay these through deception again, where by then the money was already gone out of the bank and it never came back, and now it is totally lost in supporting other wars and governments and its and their financial failures in the banking systems.

    In fact the only assets left for the Vatican on paper are nothing more than a few lands that have not been already borrowed on to the hilt to run the affairs of broken systems.

    But in reality the finance of the church is hidden under the banner of a bigger war to come.”

  2. Frankie Calcutta

    That trillion dollar lithium deposit in Afghanistan should make the US richer. So would all the natural resources in Africa that US corporations can get their hands on. Strip mine Antarctica and declare the bottom of the sea off limits to everybody but US corporations and I think we can continue living high on the hog at the expense of the rest of the world for quite some time. While this foreign plunder may appear in CIA statistics as a trade imbalance (and I’m not saying it does) it should finance the host country of the banksters military arm for quite some time until drone rule is fully operational in the American skies and keeping Americans fat, stupid and content is no longer a priority. I would also suggest that the banksters start asking for tribute from all those countries who have the privilege of hosting an American military base or don’t have a sizable navy to protect their shipping fleet.

    Now if I were a would-be demagogue in the shadows of the Pentagon and was looking for a way to topple the banksters and their allies while simultaneously addressing this dire US economic situation, I would stage a coup by declaring all zionists and Saudis the true perpetrators of the 9/11 massacre and under the laws already on the books thanks to the Patriot Act, I would seize all their wealth domestically and abroad, including the Saudi oil fields and Rothschild wealth and declare them all enemies of the United States.

  3. http://www.youtube.com/watch?v=QS5aosxUfvY

    “Enron: The Smartest Guys In the Room”

    Here is the full length documentary on Youtube. This remains one of the best analyses of Enron for the lay person and feels all too timely once again – or perhaps “timeless.” Every time some muckety muck economist publicaly avers that everything is just peachy I can’t help but think of Kenneth Lay’s pronouncements just before Enron blew up.

  4. Robert Barricklow

    Webster Tarpley Speaks About Pope Francis I, who despises the IMF, neoliberalism, globalized usury.
    The venom of the Aglo-Americans is overwhelming.
    Trashes American Cardinals.
    Arab Pope?
    Reaching out to China & workers worldwide
    All this & more
    http://tarpley.net/world-crisis-radio/

    1. Frankie Calcutta

      Thanks RB.

      Good link. I’m standing out on that lonely limb with Tarpley as well. I believe this Pope is a good thing. I bet he cleaned the rats out of the Jesuit Order and now they are setting him loose on the Vatican and the world. The Roman Catholic Church just got weaponized and it does seem Pope Francis has his sights on the banksters. And look at the usual shills in the bankster media who are denouncing him. Michael Moore, etc. I judge a man by who his enemies are. Lets hope this Pope has a good food taster. I think the odds of a direct “terrorist” attack on the Vatican by CIA-da and Mossad-a just increased a hundred fold.

      Tarpley’s talk of the CIA assets among US Cardinals was also interesting. I would love to hear a discussion between Dr. Farrell and Webster Tarpley one day.

  5. Robert Barricklow

    Deception is symptomatic, endemic, &/don’t forget that Knowlege & Perception, may be purposely limited in ways – your not aware of. That said Paul, sorry to hear your not going to pursue a course set in following a folly of fools; but that’s not a bad thing afterall. For it shows a critical thinking process of selection. So in that vein, you may also wish to take a gander at – The Great Courses/Your Deceptive Mind: A Scientific Guide To Critical Thinking Skills by Professor Steven Novella. It’s 24 lectures, each 30 minutes (4 DVD’s) with a companion paper back.
    I’ve started it & I’am on lecture #4. It’s worthy of the royal diadem, because the most deceptive aspect of the course, is the Professor himself. He spices it up with liberal sprinkes of misdirection & misinformation, all over the robust meat & potatoes course. Mind you, he doesn’t tell you, because he’s; …well, despicable! As Hercule Poirot is, discretion itself; so is Professor Novella, deception itself.
    But it’s a jazzy way to truly embrace the sine qua non of deception.

    1. Robert,

      There’s some really bright people out there and thanks to the “Internet” we can at least meet them in spirit. [(I’ll poke around that name you gave me -Novella [makes me wonder if names dictate who we are?) on gooberville google!)]

      I bought a book called “Towards Psychologies of Liberation instead.(Critical Psychology and the Human Sciences) I’ve been wanting it for a long time but the price tag was too high but trolling the used bookstores I finally found it for 16$>

      (I am disgusted with the sic “state” of >>>>>>STATE Psychology<<<<<<< in America. But when one takes an International View of Psychology and aligns it with the Critical Theorist Psychology (very small branch of American Psych — not the Rockerfeller influenced part although there's a few of them floating around)

      then one finds what one is looking for or is drawn into that small field (Critical Psychology runs parallel to what happened in the Field of Anthropology — Trying to DECOLONIZE IT! Which in it's extreme form runs parallel to just SOME of the Alternate theories/histories (at least listens to them) to see what is beneficial.

      What gets me is —- Can you imagine a Psychotherapist operating in El Salvador during the Era of Death Squads! Some of these Psychologists were courageous enough to give aid and comfort to the victims (TORTURED) and family members of the DEAD and DISAPPEARED (now that is putting your money where your mouth is or they may not have it all together but that kind of willingness/moral awareness, etc., to help make the world a better place or undo unjustice fares JUST(as in righteousness) as well in my book as finding out the perfect schematics of how we're all getting screwed by these elites that should be called MONSTERS! (or how monsters operate? There's loving thy enemy but I am not taking any chances in my not accomplishing or achieving Sainthood so there's KNOWING thy enemy as well but I worry sometimes — does it take one to know one?

      I got distracted and digressed off my train of thought.

      I guess Fields of Study or Disciplines cross over in each other like in Psychologists/Sociologists interests in what does make ordinary day to day people who you would think never could be monsters become them under certain conditions. ( you see Liberation Psychology and Theology ISN'T just or all about being USEFUL IDIOTS like that BOZO kissenger would like us to believe?)

      The CONTENT in this, The Giza Death Star, is pretty well put-together but it isn't all about content and content alone I believe will not get us to heaven or that place called 'Peace of Mind' (at least for me it doesn't) but in INVESTIGATING how this very same content affects us as they say SUBJECTIVELY. (in my book that is more important for if by any chance – "One finds themselves with the Keys to the Kingdom in their hands than what the hell do we do with them, ha, ha!)

      Or being a fellow-member of the WHERE THE FUNG ARE TRIBE I sometimes like to be a good boy scout! (I never made eagle scout and for that matter I got kicked out of the scouts, ha, ha!)

      Have a good day all you Giza Members and remember — our future fourty years spent hiking in a very, very dusty desert following Moses-like researchers will one day pay off big time but we still need mana from Heaven now and then, ha, ha!

  6. Two quick points:
    (a) Whenever you are talking about numerical data, the proper ratio adds meaning. In this case, what would count is probably the ratio of current account deficit to GDP. The USA would not be dead last for that.
    (b) I picture the USA current account deficit being the plunder that comes from running a world empire. The USA prints up the dollars and the rest of the world has to use them for international trade or things get ugly. So, as long as the empire is doing ok as far as expanding power (and things seem to be going quite well with the empire having recently dispatched anti empire regimes in Uganda, South Sudan, Iraq, Libya and Syria and with Iran and Venezuela already feeling the pressure) I don’t think the current account deficit is much of a problem.

  7. Did anyone note the bit about two new aircraft carriers, I just wonder what the bill will be for those two puppies.

    The american tax payer sure does get his bang for his buck, and meanwhile the american people are watching Dancing With the Stars.

    Well the pentagon has the biggest cheque book in the land, even if it has a negative balance.

    Is madness the right word here or am I being a bit harsh?

    1. “Did anyone note the bit about two new aircraft carriers”- no- where did the concept of aircraft carriers appear in the two linked articles?- or did I miss something?

      1. I must have got it mixed up with another article, but you should be able to google it.

        I’ll try and find it again and repost.

  8. This what you get when you go mindlessly into the empire business war and domination is a expensive enterprise. Our idot Elites don’t care what happens so long as they have money to burn on their toys. The end end is coming for them but they are bratty kids ready to take us all to hell because we are their and have been toys for them to use and abuse as thet choise for centuries. Greed and violence towards others is all they have known.

    1. Marcos, let us hope they can not take us out before ‘They’ go down in flames and burn in Hades.

  9. Robert Barricklow

    In the military they have a meme: SNAFU
    Situation Normal All Fucked Up.
    Then it progresses till: FUBAR
    Fucked Up Beyond Recognition.

    The Cancerous Private Debt Money System
    benefiting the miniscule mind-clobbering few,
    at the expense of fathomless everyone else
    Is at the root of this global pandemic:

    SNAFUs & FUBARs are the on-the-ground reality.
    It’s parasitical, It’s contagious, & It Kills.

    1. G’day Robert,
      The allied troops of WWII also had another saying that is appropriate in today’s world.
      JAAFU : Joint Anglo-American Fuck Up.

      Please excuse the language for those with sensitive eyes.

      1. Robert Barricklow

        legioXIV,
        There were so many sayings in the military are just “adult classics”. But you really can’t speak of them, except to those with that unique, wicked & twisted sense of humor.

        Always great to see your posts.

      2. Robert Barricklow

        Should probably mention one acronym that applies to some of the science papers being published in today’s merchantile society:

        SWAG
        Scientific Wild Ass Guess.

        Except it’s really probably misdirction, misiformation, ect., …anything to make a buck, & keep the monopolies in busine$$.

  10. Deindustrialization and cannibalization of the American Dream. Creation of cancerous sores on the body politic such as the deliberate drugging of America and creation of a slave wage industry able to compete with dollar-a-day wages overseas (the war on drugs and the prison industrial complex).

    I’ve been researching aids and cancer lately and it appears that these are industries which have been created on purpose, in aids case, and exacerbated in cancer’s case. In 1900 1 out 20 people had cancer. In 1970 1 out 16. Now it’s 1 out 3. I understand they’ve been contaminating vaccines with cancer and aids. It actually makes sense because why would racket-feller and Carnegie own a blood bank? With all their known eugenics practices, along with Rotscum, it’s absolutely clear.

    Some Kenyan peace laureate said aids was a genocidal plot against Africa. It’s true.

  11. “a mere two decades after German reunification a country the size of the state of Texas and with less than half the American population… leads the world in account balance”- according to whose statistics?- same ‘folks’ that came up with the US statistics?-

    maybe there is truth to the statistics- I just don’t know- but as someone who was there “live” when the wall fell (well, I was in Bielefeld, not Berlin at the time) and has personally been forced to live with the German ecomomy before and since the proverbial breaking of the Berlin wall “tablets” all I can say to this is: since the reunification and subsequent implementation of the f*****g Euro my buying power has been halved!-

    maybe the statistics have to do with the “über” rich- I don’t know- but my own personal economy isn’t exactly booming-

    as the good ol’ German expression goes: “Die Welt ist voll Schwindel- wer’s nicht glaubt ist simpel” (the world is full of swindel- who doesn’t believe it is simple)-

    you’re not the only one who is ired and chain smoking after this report, Dr. Farrell 🙂

    stay well all- regards-

    Larry in Germany

  12. Somehow these two references you mention do not surprise me in the least bit.

    I don’t know for I may be too jaded or pre-morbid but like you I paid my dues or the admission price to enter a different way of life. (Wink, Wink!)

    Robert mentioned a book called the ‘Folly of Fools’ in our interesting discussions so I looked it up on Amazon but read a few of the customer reviews and decided not to buy it. (I’m kind of tired of old Darwinism with new amusing slants?)

    Well anyway, below on other books people have bought was one called ‘STATES of Denial.”

    I can really attest through first hand experiences we are living in this Limbo- land of plausible denial as you maintain or brought up in CWBC.

    Reading inside the first review pages of this book I found a few or couple of the authors questions which I believe are really pertinent to what we all may be seeking in here? (I cant emphasize enough going over the basics, over and over again or sometimes it’s a blessing to be a little bit Obsessive, ha, ha! )

    1.) Is denial always bad — or do we need positive illusions to retain our sanity?

    2.) Statements of denial are assertions that something did not happen, does not exists, is not true or is not known about.

    __________________________

    Now where have we heard this before?

    Now to be a little bit entertaining or provoking or even agitating — this above authors questions were followed by these lines. I will share them with you and the group. (some of you may immediately recognize a few and I suspect one or two would come out and state, “Not Me!” (I would then say, ‘Guilty as accused,’ ha, ha!)

    Here we go again:

    Turning a blind eye
    Burying your head in the sand
    She saw what she wanted to see
    He only heard what he wanted to hear
    Ignorance is bliss
    Living a lie
    Conspiracy of silence
    Economical with the truth
    It’s got nothing to do with me
    ——————

    TAKING A BREAK —It’s got nothing to do with me. That’s my favorite one for I believe IT is one of the main reasons the USA is in such a mess. (Liars and manipulatorS abound but we often go along with the bullshit! (Makes their job so much easier?)

    Now back to the lines:

    Don’t make waves
    They were typical passive bystanders
    There’s nothing I can do about it
    Being like an ostrich
    I cant believe that this is happening
    I don’t want to know/hear/see any more
    The whole society was in deep denial
    It cant happen to people like us
    The plan called for maximum deniability
    Averting your gaze
    Wearing blinkers
    He couldn’t take in the view
    Willful ignorance
    She looked the other way
    Don’t wash your dirty linen in public
    It didn’t happen on my watch
    I must have known all along
    ———————————————-

    And I am willing to wager some of the astute paid members of this group have a couple more lines to add to this devil’s stew, ha, ha!

    I like a lot of cooks in the kitchen but it does get a bit chaotic! This web site also steals (borrows me away from some of my reading time. I’ve been a little behind what with my finally getting my own computer and fine living quarters. But I’ll soon rectify that joyous problem!)

    I looked out the window this morning and saw – What, more Snow! Heck it’s almost the first day of Spring. We all better form a posse and visit our HARP buddies up North in Fulton’s Folly Land and do some damage control?

    Have a delightful, fulfilling, wholesome Day — Today!

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