Save Our COLA: Is There Really A Budgetary Crisis?

Tuesday, January 11, 2011

Is There Really A Budgetary Crisis?

Public and other employees have to take pay and benefits cuts but there's enough money for increasing the Pentagon's budget:
http://www.whitehouse.gov/omb/factsheet_department_defense/

Interviewed By Jim Fetzer

Jim has been debunking government bunk for a long time. I was quite surprised when, after a relatively sparse correspondence, he asked me to be on his show. I was taken a bit unawares by his questions about anarchism, as he had suggested we talk about Ron Paul and this years litter of Republican presidential candidates. I wish I had done a better job fielding them. Nevertheless, it was a good conversation and I'm grateful to Jim for the opportunity. It was posted December 2nd, 2011, and can be found in the archives of Jim's blog. http://radiofetzer.blogspot.com/

Audio and video I recommend

That woman of international intrigue spills all of Wall Street's beans. Banks create inflation ( and hence the need for a COLA ) and the mysterious Smithy explains how the evil deed is done. All the broadcasts are interesting but the first deals specifically with what concerns us here.
http://www.radio4all.net/index.php/program/3550

Here's a link to Paul Grignon's brief but excellent history of banking, Money as Debt:
http://video.google.com/videoplay?docid=-2550156453790090544#
And here's the sequel, Money as Debt II:
http://www.youtube.com/watch?v=rCu3fpg83TY

If you want the whole sordid story, watch the Money Masters for a decidedly rightist interpretation:
http://video.google.com/videoplay?docid=-515319560256183936#

Frederick Douglass

Tuesday, January 11, 2011

Is There Really A Budgetary Crisis?