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07:18 PM
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Subject
"The Fiscal Cliff is a Diversion from the Real Problem"
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[quote:Anonymous Coward 28502453:MV8yMDk3NDY3XzM1MzI2MTQ5X0ZFNDg0QjYz] In simple terms: the real problem is the massive inflation. The fed will try to "hide" and miss report it (CPI is a cooked number) this inflation by taking away our purchasing by the means of taxation increase (about 800B) and cut gov. spending. They will (banks)use the freshly created money to buy their assets by dumping this money into circulation and increasing the money supply. So they need to hide this. It's a great scam game they will play on us on robing us of our money. [/quote]
Original Message
First post, so please cut me some slack here.
I looked everywhere and I don't see where anyone has posted this yet.
This is chilling! Even more chilling than your first post on GLP!!
This ad nauseum mention of the "Fiscal Cliff" is NOTHING compared to what is most probably coming!!!
STOP looking at the Fiscal Cliff and see what's coming behind it.
[
link to www.canadafreepress.com
]
Snippet:
"The fiscal cliff is a less a crisis than a creation that diverts the attention of policymakers, the media and the public away from the big picture abyss that threatens the United States and shifts focus to the smaller and more immediate tax and spending debate associated with the year-end expiration of the Bush tax cuts.
The central problem facing the U.S. that few understand is the growing systemic risk from the unsustainable trajectory of deficit spending and debt accumulation and the
$225 trillion
derivatives exposure largely held by a handful of U.S. banks that are too big to fail."
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