The Shocking Heist of Our Grandchildren's Future

Karl Marx predicted that the captains of industry would eventually gain all of the spoils and leave the ordinary citizen exploited. Did you see it happen? Did you miss it? Well, it just happened in America. Bet you didn’t even recognize the moment when our grandchildren’s futures were stolen, when their anticipated tax rates were destined to be close to 70% and sentenced to a lower standard of living than their parents. Oh, I’m sorry. We will have to replay that movie.
The movie starts when multimillionaire Wall Street bankers were hired by the U.S. government to fix Wall Street. After all, if you want to repair the chicken coop, you would naturally hire the fox. The foxes were given a mandate to eliminate bad loans and other troubled financial instruments. But instead, the multimillionaire Wall Street bankers working for the U.S. government began shoveling money to the multimillionaire Wall Street bankers working for the banks as fast as they could shovel. And while our Congress looked on, like deer in the headlights, sucking their collective thumbs, the Wall Street bankers threw open the vault at Ft. Knox and yelled Come on Down---The Price is Right. Right is not the proper word---free would be better.
The newspapers reported that our government had allocated $780 Billion to the banks to fix the problems. But the headlines missed the boat by $12 TRILLION. Yes, the total of the giveaways and the guarantees so far have reached $13 TRILLION. To put this in perspective, from the beginning of time until 2001, the United States had accumulated $5 trillion in debt. By 2008, the debt had doubled to $10 trillion. Now hold you hats! In one year since then, the total debt and bank guarantees have reached $23 TRILLION.
How can a country that is on the verge of bankruptcy go on such a spending spree? Tell me how a company such as Goldman Sachs, which was on the edge of bankruptcy, pay its 28,500 employees AN AVERAGE of $700,000 this year? That’s easy---they paid these obscene salaries with taxpayer money and in so doing, mortgaged our grandchildren’s future! Yes, Goldman Sachs, which was virtually bankrupt and needed tax dollars to barely survive, just delivered the largest paychecks to its employees in its 140-year history. What is seriously wrong with this picture? Want to see that con game again? OK. Look at Morgan Stanley, another bank in need of resuscitation. The Wall Street Journal reports that it is paying its 40,000 employees an average of $343,000.
Picture all of this at a time when 6.5 million Americans have lost their jobs. The royalty celebrate with caviar and champagne while ordinary citizens try to stretch to buy both food and medicine. Karl Marx was right on target.
Listen to Naomi Prins, a former Goldman Sachs director explain the massive takeover in her book, “The Big Bank Bailout Payback Bamboozle.”
Part 1 (9 min 53 sec)
Part 2 (5 min 41 sec)







While the vast majority of climatologists in the world agree that global warming is an extremely serious problem and is hugely exacerbated by human industrialization, large numbers of other scientists, mostly non-climatologists, deny that global warming is a problem or deny that humans are to blame. Scientists who warn us about potential future issues of global warming are careful to say that while they are highly confident in their forecasting models, they cannot be certain. On the other hand, deniers are totally certain that this is a hoax---especially radio talk show hosts. It is important to understand one aspect of this disagreement and it is called FUD. FUD was pioneered in America by Thomas Watson, Sr. the magnificently successful founder of International Business Machines.
Virtually every ministery in Iraq is involved in defrauding the U.S. taxpayer. Corruption is so rampant because it is part of the culture now and those who attempt to intervene are killed or run out of the country.






Powerful Congressman Charles Rangel has not only earmarked about $2 million for a university center bearing his name, but, more importantly, has solicited additional funding for the center from people and organizations who have business before his committee. Some say that this is simply modern bribery in which the Congress looks the other way.
The majority of Iraqi legislators have signed a letter to the U.S. Congress which states that they want a specific timetable for the withdrawal of American troops. The Iraqis are fearful of the U.S. now and, in its memo to Congress, call our presence, "occupying military forces." The Iraqis expressed disapproval of a U.S. proposed long-term occupation agreement which would give the American troops immunity from Iraqi laws, control of Iraq airspace, long-term military bases and the ability to carry on warfare within Iraq without Iraqi consent.

Even though the use of corn ethanol as a gasoline additive is both uneconomical and counter-productive, the farm industry has pushed through a 54-cent-per-gallon subsidy for its production. This is likely due to the massive campaign contributions and lobbying expenditures of the large-scale farm companies. Most experts now agree corn ethanol will not help our energy problems because it uses as much energy to produce it as is gained from its use. But worse, the expanded use of corn for etanol production has pushed up the cost of corn, which in turn has pushed up the cost of corn for human consumption and raised cattle prices at the same time. And while the U.S. is subdizing domestic corn ethanol production, it has placed a 50-cent per gallon tarriff on Brazilian sugar cane ethanol, making it uneconomical to import.
Congressmen and Congresswomen feel compelled to "bring home the bacon." So they add self-serving appropriations to various bills to aid certain constituents or to make a name for themselves. These appropriations never go through committee scrutiny. You can browse through the "Pig Book," below, to see the plethora of pork projects. Some of these projects are likely in the national interest but many appear either frivolous or too narrowly focused at the expense of higher priorities . Here is a list of some that may seem frivolous:
It's hard to belive the level and scope of fraud and corruption being perpetrated on the American taxpayer by Halliburton in Iraq where a single employee can bilk the U.S. government out of $3 million. It is reprehensible, outright, calculated deception on a massive scale. For example, Halliburton employees have paid $250,000 for a three-year lease of a $50,000 automobile, gotten 15 pounds of laundry done for $100 and have purchased brand new trucks when engines only need repairs. This is because Halliburton is given "cost-plus" contracts which encourage spending, spending, spending to the max. The more money spent, the greater the profits. But what is worse, even when the U.S. Congress is provided with evidence of dishonesty, it appears that there is no penalty. To the contrary, Halliburton receives new contracts instead. And why has the Senate rejected legislation to investigate Halliburton? Is this because Halliburton provides millions in campaign contributions and has friends in high places? A dozen or so whistleblowers have gone on record in the video below to describe the enormity and depravity of the dispicable graft that is being committed. You might be astounded by watching the short video below.
Back in 2006, Stuart Bowen, Director of the Office of the Special Inspector General for Iraq Reconstruction (SIGIR), had issued a huge number of reports of massive fraud, corruption and mismanagement by our own military and their contractors. A great deal of waste had been uncovered by Bowen and his staff. Can you believe that while Bowen was uncovering such waste, our U.S. Congress voted to eliminate his agency? Let's repeat that: OUR U.S. CONGRESS VOTED TO ELIMINATE BOWEN'S AGENCY. This provision was added to a defense authorization conference report at the last minute without the knowledge of members. So when they voted to authorize military funding, almost none realized that this provision was burried in the bill. Yet, a handful in Congress appeared to want waste and corruption to continue unabated. Why would some in Congress NOT want misuse of American money uncovered? Could it be that some in our defense department and its defense contractors did not want their mismanagement and waste scrutinized? Could it be that our military and their contractors did not want unfinished work or inadequately performed work to be discovered?
Would you like to see, first hand, how to hack a voting machine? Well, the video below shows you, step-by-step, how it is done. And it is amazingly simple. A Princeton University team demonstrates how it was able to not only manipulate votes on an electronic voting machine, but then how their software erases itself after doing the illegal act, leaving no traces of the crime.
According to Anne Mulkern of CommonDreams.org, President Bush has installed more than 100 top officials who were once lobbyists, attorneys or spokespeople for the industries they oversee. These include regulators in the FDA, Interior, Health and Human Services, Centers for Medicare & Medicaid Services, USDA and EPA. In spite of the serious problems with manufacturers of everything from toys to drugs, Presidednt Bush nominated Michael Baroody, executive vice president at the National Association of Manufacdturers, to head up the U.S. Consumer Products Safety Commission. Amid strong opposition, he withdrew his name. Has our Congress and administration become too cozy with the very organizations that government is meant to regulate? For more see:
Can you buy entry and gain permanent residency into the U.S.? You sure can. There is a little-known feature in the U.S. immigration law that authorizes it. People and their entire families who will invest in America and create as few as 10 new jobs, can jump to the front of the legal immigration line, gain entry and can stay in the U.S. permanently. It is known as the EB-5 visa plan. The minimum investment must be $500,000, but it seems obvious that the government cannot track this. There are those who worry that would-be terrorists could gain entry under this program. Last year 803 such visas were issued but the government hopes to boost this to 10,000 by 2011. For more see:
Did you know that the Justice Department has purposely put off prosecuting more than fifty companies suspected of wrongdoing over the last three years using what is called “deferred prosecution agreements.” These agreements impose fines and appoint an outside monitor to enforce internal changes at the company. Terms of the deals are often kept secret. Former Attorney General Ashcroft has been given a multimillion dollar contract to act as monitor. This technique is to eliminate corporate criminal liability. For more information see:

Did you know that after Blackwater USA security guards apparently killed 17 innocent civilians in Iraq, someone in the U.S. State Department granted those involved in the massacre, immunity from prosecution? Although Blackwater claims that the guards shot in self-defense, the Iraqi government, which has conducted its own investigation, concluded that the Blackwater guards fired the only shots in the incident and were completely at fault. In addition, a U.S. military investigation also concluded that the shootings were unprovoked. Why did the State Department then grant immunity and thereby hamper investigation and prosecution of the case? And even though the Iraqi government has called for the expulsion of Blackwater from the country, the U.S. government ignores Iraqi wishes. Rather than removing Blackwater, the U.S. government has extended its contract for another year.
After the genocide in Rwanda, the Hutu militia came to the Congo and started killing and raping the Congolese population. Some claim that more than 200,000 women, children and babies have been raped. They rape anyone from 6-year-olds to those over 70. Worse, the rapists put hot plastics, wood and bamboo inside the females. They even sometimes shoot bullets into the vagina. Most Americans are totally unaware of the scale of Congolese violence which is a modern Holocaust. It has been reported that up to 4.7 million people might have died--the highest number of fatalities in any conflict since World War II. For more information go to: