posted on Dec, 4 2012 @ 12:33 PM
The show gets more interesting when Alex starts to break down the Fiscal Cliff:
He says globalists have done this in many first and third world countries. Who are the players? They are the central private mega banks that have
gotten control over the issuance of currency and credit to themselves. They can release unlimited derivatives and pretty much do whatever they want
and therefore get REALLY WEALTHY by putting you and the country in debt and in turn they are tricking you to waive your assets over to them. They give
you something and then they take it away!
What does this mean for the American economy? Right now the US is in huge debt. So, the world banks want Obama to raise taxes..this will literally
destroy the US economy. If Obama doesn't do this, the banks will not bail out the US economy from its creditors like China.
On a side note, Alex states that Obama's fiscal cliff proposal is a classic "bait and switch" on the American people. In other words, the FC will
- a tax increase double the size of what he campaigned on ($1.6 trillion)
- billions of dollars in new stimulus spending
- Obama wanting unlimited/unchecked authority to borrow from the Chinese
Now...there is the proposal of having a 1-2 year retroactive 5-10% tax increase on households making $250k or more a year. Ie. Each spouse is making
$125k on average per year which is not much in this economy.
So the plot of the FC is that the government wants the economy and people to collapse financially so that they can be on welfare and that businesses
will have to be dependent on government subsidies (new stimulus spending) while the country is in recession, and those who wrote the regulations to be
exempt from tax increases. Moreover, this is turning into a mafia form of government.
The worst financial news is the fact that Obama wants absolute power over congress to increase national debt. However, in political news, you have UN
and NATO commanding the US military (so it is not run by Obama), and Obama is shutting nuclear power plants not owned by General Electric or coal
power plant companies.
More to come....
edit on 4-12-2012 by Skywatcher2011 because: added notes