In the above video, David Stockman explains the OBVIOUS at least three different ways:
#1. Ben Bernanke's MONEY PRINTING has done NOTHING to improve the American economy, except CREATE ANOTHER FALSE, illusory bubble for the wealthy, who hide behind their bankrupt, insolvent, failed, but Con-gress bribing and "bailouts" extorting banksters.
#2. The problem with the American economy in 2008, and today, is TOO MUCH DEBT.
What the treasonous American "major media" FAILS to explain, is that ONE PERSON's DEBT, is another person's PROFITS (interest payments or principle repayments.)
Giving "BAILOUTS" to banksters, OSTENSIBLY to "improve the economy," but while ACTUALLY PILING MORE DEBT on American taxpayers, is PURE ECONOMIC SABOTAGE, which should be considered treason.
#3. Today's "bailouts" and "EXPANDING WARS" and "POLICE STATE gwot" "Democratic leaders" ARE FAR MORE radical Right-Wing that President Reagan... much less Nixon, much less Eisenhower.
Senator Joe Lieberman is the Senator from Israel, Senator Chuck Schumer is the Senator from Wall Street (AND israel), Senator Dianne Feinstein is the Senator from the 'American' PRISON GULAG, and former Senator Hillary Clinton (currently Secretary of State) can not TOADY UP TO the above Neo-Con agenda fast enough to collect her next AIPAC blood-money
bonus: ONE OF THE TWO MOST IMPORTANT ARTICLES in the (entire) WORLD today:
Bruce Cameron's "President Reagan BROKE FROM his (what would soon be called NEO-CON warmongers) "national security advisors" and Cold War era war lobby apparatchiks, (defense contractors, military think tanks, israel funded think tanks) to make those WEAPONS DISMANLTING PEACE TREATIES with Soviet leader Mikhail Gorbachev.
We concur with Mr. Cameron - who, in writing the above editorial, counters the notion by ConsortiumNews.com founder & publisher Robert Parry, that President Reagan was a relentless warmonger and dupe of his "national security state" (Neo-Con) advisors. However, Mr. Parry and ConsortiumNews, besides offering this forum for Bruce Cameron to explain how close the world came to NOT dodging the nuclear WWIII bullet, has done yeoman work on the IRAN-CONTRA and OCTOBER SURPRISE TREASON stories.
These excellent articles over the years illustrate, beyond a doubt, that the ISRAEL LOBBY has CONSISTENTLY UNDERMINED American presidents in their foreign policy - including seducing "American" Jews and "national security" Republicans (and, more recently, Democratic officials) to COMMITT TREASON against the United States, including Republican agents (almost certainly under then Vice Presidential candidate George H.W. Bush, Sr., who at the time had recently been President Ford's CIA Director) DEALING with the Iranian Ayatollah "terrorists" to HOLD AMERICAN HOSTAGES, THROUGH the November 1980 elections, so President Jimmy Carter would lose the election.
The Likud (israel) war lobby under Begin, Netanyahu and other Jewish leaders, were furious at Carter for forcing Israel to return the Sinai Penninsula to Egypt in return for a peace treaty with Sadat.
They - the Jewish war lobby - immediately set out to undermine the Jimmy Carter presidency - including SUBORNING TREASON from American officials and CIA related "black ops" mercenaries.
This pattern of FOREIGN STATE suborned TREASON against America's genuine national security interests, and the ECONOMIC SABOTAGE against the American economy of high wages, industrial production, and and upwardly mobile middle-class, have, in the 2 decades since the "October Surprise" TREASON defeat of President Jimmy Carter's re-election prospects, become THE PATTERN of American governance - the INTENTIONAL SABOTAGE of the American economy, is now the HALLMARK of the Ben Bernanke, Bob Rubin, Larry Summers led "Democratic" Congress and presidents ABJECT REFUSAL to AUDIT those banks, and criminally indict those fraudsters, who are stealing SO MUCH MONEY (wether in outright taxpayer extorted "bailouts," or merely "DEREGULATION" LICENSE to COMMITT FRAUD) as to contract the entire U.S. economy.ConsortiumNews.com: The OCTOBER SURPRISE archives; a brief survey of the history of the Israel/Jewish War Lobby SUBORNING TREASON from American government officials and "Black Ops," CIA related and private contractors mercenaries, to "punish" President Carter, and bring about the placement of Mossad/Jewish War Lobby appartchiks at top levels of the Bush-1, Clinton, Bush-II (and now Obama) presidencies. http://www.consortiumnews.com/archive/xfile.html
Related: Under the TREASONOUS influence of the Neo-Cons - the treason suborning, Constitution thrashing, economy gutting cold blooded imperial warmongers of the israel centered jewish war lobby - the hired and bought off thugs, aka political "leaders" of the "Democratic" Party, NO LONGER EVEN BOTHER to MENTION - much less stand up for - EQUAL JUSTICE UNDER LAW in America, as the below "Black & White Thinking" pictures + text boxes from today's financial blog, http://www.slopeofhope.com/ illustrate: ruthless, evil judges in America ROUTINELY sentence Americans to LONG PRISON TERMS for NON-VIOLENT crimes, while turning Wall Street ECONOMY GUTTING CRIMINALS FREE after a token year or 2 or 3 of prison time.
Unfortunately, THE BIBLE ITSELF is the root/core of this RACIST, BIGOTED, APRTHEID, anti-human, anti-human rights, anti-constitutional rights, imperial warmongering P.O.V. that now SATURATES 2011 era America - the bible is REPLETE with stories of the Jews KILLING their NEIGHBORS, allies, and former friends, to STEAL their wealth, destroy their neighbors' property, and often engage in mass-murder massacres and wholesale rapes - all REPEATEDLY at the instigation of the so-called "god of the universe."