The citizens of the United States are generally economic ignoramuses, which is why the federal government can continue to manipulate the economy with nary a whisper of suspicion or objection from the public.
For example, though many people now have their retirement accounts invested into 401K programs that contain both stocks and bonds, the vast majority of owners of these financial instruments cannot tell you the difference between the two. That is, perhaps why the Obama administration can double the federal debt to 20 trillion dollars, and the public ignores the fact that this will bankrupt their children and grandchildren. But since they don’t see the effect, at least in a transparent way, the debt keeps rising, and the government keeps spending as if there is nothing to worry about.
One of the cons the federal government has played on citizens is the Federal Reserve Bank, which is, of course not a federal agency, but a private group of money manipulators, and it is not a bank. What it is a an organization that helps the government hide the damage they are doing to the economy and the American public, and that manipulates the economy to the benefit of the government and the large corporations.
See video on next page to see the scam pulled by the Fed
It’s Over!
just bought some 😉
Stole it off of dead people they knew!!
The stock market is the biggest scam ever pulled on the American people. It would of crashed long ago but as long as it looks good stupid people will keep investing and loosing there money
the 5th story that I could not get to pull up FACEBOOK SUCKS….
It’s real funny that when Bill Clinton Left the President office The both were flat broke and heavily in debt. Now there filthy rich and still have a hand in the government. Sounds stupid doesn’t it but true
crooked fucks
OH NO THE INK HAS RAN OUT FOLKS TIME FOR WE THE PEOPLE TO TAKE OVER THE PRINTING PRESS FOR A WINDFALL ALL OUR OWN. # GO Donald Trump 2016
DISGUSTING…..AMERICA WANTS TRUMP….Make America Safe Again.
We need to get state Governors to sign executive orders that says when the big banks collapse the economy this next time we as consumers only have to pay back the 10% of actual capital they had to risk to loan the other 90%. Which means if you have been paying your mortgage for 4 years you own your home free and clear. If you owe 10,000$ in credit card debt you only have 1000 to repay. WE BAILED THE BANKS OUT THE LAST TIME THIS TIME WE GET OUR DEBT FORGIVEN!!!!!!!