LIES of the new Greatest DEPRESSION

[Spectrism]

There were many lies spoken about the crash of 1929 and the depression days of the 1930s. It seems that every major political & economic message was meant to steer the sheep into a behavior which would lead them to slaughter.

Is history rhyming with itself today?

Post some of the lies you hear or read from key players, regarding this greatest depression that began in 2008. Here is one for a start....



All you need to know (from April 2011):





Peter Barnes “Is there a risk that the United States could lose its AAA credit rating? Yes or no?”

Geithner’s response: “No risk of that.”

“No risk?” Barnes asked.

“No risk,” Geithner said.


http://www.zerohedge.com/news/and-just-because-there-risk-us-could-lose-its-aaa-rating-tim-geithner-no-risk

[Spectrism]

LOL... I was away and just found this form letter while going through my emails (red highlights are mine).....



August 3, 2011


Dear Sxxxxxxxx,

Last week I wrote to you asking for your thoughts on the default crisis. The response was huge, reflecting genuine concern in the face of a real economic catastrophe. Thank you for taking the time to share opinions with me.
In all, I received more than 10,000 responses from eastern Connecticut residents like you. You said loud and clear that the crisis we faced was dangerous – that default or downgrade would have serious repercussions for families across the country. You also asked for a balanced approach to avoid disaster – a solution that would protect seniors, students and working families from shouldering the entire burden of debt reduction.

This negotiated, bipartisan bill includes items important to Democrats and Republicans, as any compromise should. It was certainly not my ideal solution, but with just hours to spare before the United States would have defaulted, it was the only viable path to avoiding calamity, which is why I voted for it.

Protecting seniors

The compromise protects seniors by prohibiting automatic cuts to Social Security, Medicaid and Medicare beneficiaries, cuts which I have consistently opposed. It also provides long-term peace of mind to families and financial markets by ensuring that we are not engaged in this divisive, unnecessary debate just six months from now.

This plan is far from perfect, but it succeeds on some critical fronts. It locks down a significant payment toward deficit reduction, while also establishing a bipartisan process to address larger savings and tax reform in the future, including waste at the Pentagon. For example, the army recently disclosed that it paid $1,678.61 for a plastic roller assembly that was available for $7.71 internally from Pentagon supplies. This waste needs to be rooted out. With this long process finally over, Congress must focus its attention where the American people have wanted it all along: on job creation and protecting our fragile economic recovery.

Again, thank you for your responses. Please do not hesitate to contact me in the future whenever I may be of assistance.

Sincerely,

Joe Courtney
Member of Congress