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The Wall of Death for Western Economies

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Posted By: Judy W., 6/1/2024 11:07:02 AM

When I drove 20,000 miles through rural America a few years back, I was struck by the dilapidated nature of, well, just about everything. The towns were rundown, there were thousands of abandoned farms and ranches and family houses. Sidewalks broken, every other shop was abandoned.(Snip) Over the years, regulations had come down so thick and punitive, near everyone operated in a catch-22 situation. You might hurdle one set of regs, only to discover that your success meant another set of regs cancelled you. Now of course, I see it as actually fiendish, the work of evil. The government was deliberately ruining peoples’ lives,drawing them down, impoverishing them, with malice.

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She explains why all this happened, and it's not as simple as just factories moved to China, or bureaucrats liking regulations..

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Reply 1 - Posted by: Skinnydip 6/1/2024 12:30:04 PM (No. 1729101)
Long but eye-opening article about how the government is surreptitiously using our land, and our property, as collateral for our national debt. And who is profiting from it.
15 people like this.

Reply 2 - Posted by: Dodge Boy 6/1/2024 1:34:37 PM (No. 1729132)
Our central bank aka the Federal Reserve and congress, House of Rothschild, the Warburgs, and the Rockefeller blood lines approve, Elizabeth. You think the 2020 and 2024 election steals are all there is? Well, think again. We are to become their debt slaves. How many more times do I have to say it, ma'am.
10 people like this.

Reply 3 - Posted by: DVC 6/1/2024 1:55:12 PM (No. 1729142)
We DO NOT have "a free country". Freedom has been replaced with an infinity of regulations, permits, zoning restrictions, taxes, EPA blocks and government regulations which have strangled freedom.
18 people like this.

Reply 4 - Posted by: Flyball Dogs 6/1/2024 2:17:38 PM (No. 1729158)
I want to know about her assertions that Trump’s economic advisors are working on this plan.
5 people like this.

Reply 5 - Posted by: MFM 6/1/2024 2:41:58 PM (No. 1729168)
#4, Respectfully, start with Steven Mnuchin who brought us Jerome Powell to head up the Fed...
3 people like this.

Reply 6 - Posted by: DVC 6/1/2024 3:43:38 PM (No. 1729182)
Re #5, Powell gets kicked around far more than he deserves. The Fed has only limited control and with the DC Uniparty Criminal Cabal endlessly overspending and 'borrowing' (selling Treasury bonds -'T bills' ) the DC Cabal is creating money with their T-bills. The Fed is trying to offset this but doesn't fully control the money supply, lending is increasing the total supply of money. So, with only one of the two main money supply controls in Powell's hands, he cannot fully control inflation. Until they stop the massive, massive deficit spending (selling T-bills for the amount above the tax revenues) we cannot get inflation under control At the beginning of the year, the 'business news' was all astir with "how many times the Fed will cut interest rates this year" with many saying 6 or 7 times. My opinion was two or maybe three max, because the deficit spending continues like a raging river. The Fed has cut three times. I think that the inflation numbers are so bad, and will NOT improve that they will not cut any more this year. There is one possibility, that there is enough pressure brought on the Fed by the DC Uniparty Criminal Cabal to cut rates one time before the election to try to juice up Traitor Joe's feeble, staggering economy one last time. This may happen. If it does, and Trump is elected the Fed will be forced to increase rates again early in 2025 to try to slow inflation. IF (BIG IF) Congress and Trump can slow deficit spending, meaning slow money creation, then we can START to slow inflation. It won't be easy. And gotta have Congress to keep the tax cuts in place. If they go off.....further massive harm to the economy. Bottom line --- Powell has a hard job, not in full control of what he is blamed for "not fixing" fast enough.
3 people like this.

Reply 7 - Posted by: danu 6/1/2024 7:34:12 PM (No. 1729253)
fta ''...in the mid-70’s, the blanket instructions coming down from DC switched from enabling business and development to preventing it....'' would this be carter? to clinton? to obama? anybody else fit her updated description- of,,,,, 'impoverishing' ....with 'malice' ...? your stuff will be collateral to pay for their lifestyles. oh ps. notice the long-discredited de-populationist zombie cretins of club of rome are back from the dead; no thanks to gatesofhell, pere et fils.
0 people like this.

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