Andy Hoffman from Miles Franklin is on the line to dissect today’s breaking news about the collapse of the US economy as illustrated by today’s GDP report. The REAL numbers which now fully reveal how sick the economy is, despite artificially low interest rates and TRILLIONS in Fed “stimulus”, are absolutely frightening.
According to Zero Hedge, if US inventories, already at record high levels, and with the inventory to sales rising to great financial crisis levels, had not grown by $121.9 billion and merely remained flat, US Q1 GDP would not be 0.2%, but would be -2.6%..
Thanks for tuning in as we document the collapse April 29, 2015.
This is what “your” government is doing with your tax money. It used to be illegal, now it’s just one more brick in the wall of the fascist corporate state.
Prominent national security whistleblowers are calling for the full repeal of the USA Patriot Act, charging that under that legislation the federal government has decimated the U.S. Constitution and warning that unless action is taken, there is no end in sight to government secrecy and manipulation.
The group, which included former National Security Agency (NSA) official William Binney and Pentagon Papers whistleblower Daniel Ellsberg, appeared Monday at the National Press Club in Washington D.C. to voice their backing for H.R. 1466 , the Surveillance State Repeal Act, which was recently introduced by Reps. Mark Pocan (D-Wis.) and Thomas Massie (R-Ky.). The bill would repeal the Patriot Act and the FISA Amendments Act of 2008 while installing a number of provisions to safeguard people’s privacy and force the government to account for surveillance activities. The legislation was introduced as Congress debates key segments of the Patriot Act, Secs. 206 and 215, which are due to expire on June 1.
During the press conference, former NSA senior executive and whistleblower Thomas Drake, who was among those present, said that following the attack on September 11, 2001, the federal government under former President George W. Bush and later under President Barack Obama “chose in great secrecy to unchain itself” from the U.S. Constitution. Drake added that the individuals prosecuted by Obama’s unprecedented “war on whistleblowers,” who brought national attention to the encroaching national security state, are “the canaries in the Constitutional coal mine.” Former NSA employee J. Krik Wiebe added that he is increasingly concerned that the country is not “going to be able to get out of this mess.” …
It’s a start, but there will be no peace until the real terrorists who committed mass murder and treason on 9/11 are brought to justice. And then we can go after the economic saboteurs who have brought this country to the brink of catastrophe.
This operation has various stages. It can be applied to issues like vaccination, GMO food, climate change, fake epidemics, elections, war—and it can be applied widely across the general subject of reality itself.
It begins with some “authoritative” voice proclaiming an idea is a fact. Well, someone has to start the ball rolling.
Very quickly, according to plan, others pick up the ball and echo the original idea. This includes both “respected” individuals and groups. Media join in.
What follows is a scramble to gain public acceptance. All sorts of approaches are used in this stage of the process:
the claim that a consensus has already been reached (which is a lie);
attacks on dissidents and critics;
warnings that refusal to accept the central idea will have dire consequences “for all of us”;
cooked and slanted scientific studies;
general reminders that the idea being promoted represents the greatest good for the greatest number;
expressions of shock that there are “still people who refuse to accept the obvious”;
new laws and regulations hammered into existence;
subsequent legalized coercion;
arguments so illogical and bizarre that people accept them, thinking they themselves must be missing the point;
relegation of dissent to the margins of “wild conspiracy theory”;
the conjoining of dissent with negative images and feelings;
the marginalizing of dissent into legal cases that wind through seemingly endless corridors of a maze;
and, of course, endless repetition of the original idea….