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Saturday, November 10, 2012
The Bankers Will Be Pushing You Off That Cliff In January
The real problem is the total amount of private and public debt is the highest in 500 years. This means we are headed to the Greatest Depression in 500 years if we do not cancel tens of trillions of dollars in Unpayable Debts.
A lot of companies have been announcing lay offs so they can meet the demands for increased healthcare costs under Obamacare which was written by the Insurance industry. Even before the elections employers are cutting back on the number of hours worked. 25% of all Americans are either at or below the poverty line. Lowering wages plus raising taxes and healthcare costs will just make things worse.
In fact the Banker Occupied Government in Washington has done everything it can do to increase cancer rates as well as several other diseases a few thousand percent. Some have noted that the viruses deliberately added to vaccine induced cancers were designed to be triggered when the person under assault by Big Pharma reached the age where hormones levels declined. That way we would reach our peak earning careers so we could afford with our insurance carriers to pay out a few hundred thousand dollars before we die. But those vaccines, food additives, GMO food and High Fructose Corn Syrup are also causing other health problems ranging from allergies and neurological disorders to liver disease. 10% of all American teenagers will develop liver disease by their 19th birthday due to GMO High Fructose Corn Syrup.
This combination of poor health, high unemployment, lower wages and rising taxes and healthcare costs is brewing a perfect storm that will soon hit the Iceberg of Unpayable Debts. The Banker Occupied Government tells us that there is a combination of Austerity cuts and higher taxes that can save us. The Congress was going to vote to raise the US debt ceiling but Senator Reid says that will be postponed until January. There has been a lot of talk about raising the capital gains tax and the inheritance tax. Most of these taxes are a tax charged against you because Ben Bernanke and Alan Greenspan before him were printing too much money. The problem with uncertainty on this scale is that there are only a few weeks until the end of 2012. That is not much time to sell before everyone sells and you take a beating in the markets. Apple is already down 20% from its high.
Continue Reading at......
http://vidrebel.wordpress.com/2012/11/10/the-bankers-will-be-pushing-you-off-that-cliff-in-january/