More Media Hype And Misrepresentation

The Wake Up Call show

Summary: The motive? To suck you into investments which will enable those in control to unload their holdings onto you, the unsuspecting public. Lennar’s CEO tried to convince the public that the housing market was in recovery by using accounting gimmickry that would be impossible to understand by all but the most sophisticated accounting analysts and/or experts. The liabilities of the federal government and future federal revenues – a staggering sum for future generations to have to pay. TARP, zero interest rates, money-printing (QE), distractions, power-at-the-top… all have been invoked to achieve this. A very ugly picture. The consequences of America’s cyberwar – a foolish decision. Joseph Stiglitz’s pithy comments about inequality in America