News & Analysis
More Phony Good News About the US Economy
Partial results from the poll, released Wednesday, found voters feeling more positively about the economy and of Mr. Obama's handling of it. Some 30% believed the country was headed in the right direction, up eight percentage points from a month ago. Some 60% said the country was on the wrong track, down from 69% in December and from 74% in October. The question is considered an important measure of voters' mood. − Wall Street Journal
Dominant Social Theme: President Barack Obama is doing better and better based on the strength of the economy.
Free-Market Analysis: It is really incredible to watch this meme flourish. We believe that the economic "good news" about the US economy, as mentioned in this Wall Street Journal article excerpted above is aimed primarily at furthering the hopes of President Barack Obama for a second term.
We have written about this several times before as well. President Barack Obama, like other presidents before him, is evidently and obviously committed to a globalist and authoritarian agenda. It is fairly clear that his lack of transparency about his background has to do with the agenda he is serving; that would be our suspicion (and the suspicion of many others) anyway.
One would think that a thorough investigation of his background would show many close ties to the elite Anglosphere apparatus. This is likely why he is fighting so hard not to reveal his background. In this effort, he's been aided by the courts including the Supreme Court; they've refused to hear, or at least seriously consider, even well-founded accusations about Obama's nationality and his lack of the requisite background (as regards his parents, anyway) to be president.
The power elite that seeks global government needs complaisant top politicos to move their agenda forward. Ironically, it is the powers-that-be that have established a functional paper trail via visas and other documents that didn't even exist in the past century. The result has been that the attacks on Obama have been met with obfuscation and stonewalling because if documentary evidence were released, the results might raise yet more questions.
Obama is not the only top national leader to serve the interests of the Anglospehere. We believe Nicolas Sarkozy serves their agenda in France, Angela Merkel in Germany, David Cameron in Britain. This is hard for people to fathom, but the amount of control that the Anglosphere exercises over the political process around the world is surprisingly pervasive, from what we can tell.
It is an outgrowth of the extreme amounts of money that the Anglosphere has access to as a result of its evident and obvious control of over 100 central banks around the world. These central banks and their functions are almost never discussed in the mainstream Western press. But the Bank for International Settlements is in charge of them – and the BIS execs report to someone!
We are asked to believe that the entire international economic system is simply a free-floating kaleidoscope of individual business and banking interests. This begs the question of its initial creation, mostly by two men apparently, economist John Maynard Keynes and dynastic billionaire and banker David Rockefeller after World War II.
Though the creation of the entire globalist apparatus is extremely concentrated among a very small group of people, we are asked to believe that these people have NEVER exercised further control once they set up the initial globalist enterprise – the IMF, World Bank, UN, etc.
This is not entirely credible in our view. Even without access to any insider information regarding the way the world works at the very top of the heap, the reality of human behavior would indicate that those who set up the current system are still in charge of it. It defies human nature that people would set up entities of such power and breadth and then voluntarily relinquish control of them.
No, we see – around the world – evidence of a tightening of control and a further thrust toward globalism that cannot be explained any other way but via the will and wishes of a driving clique of impossibly wealthy banking families.
It is these families that have expanded and deepened their control of the faux-democratic processes that are the staple of Western governments and increasingly of governments of the developing world as well.
Barack Obama, like others, is in their service – and if there is spate of articles "talking up" the US economy as he approaches re-election, well that's no coincidence in our view. Here's some more from the Wall Street Journal article excerpted above:
"Republicans had better bring their A game to the election in November, as today's results are a reminder that as attitudes about the economy improve, so does President Obama's standing,' said Bill McInturff, a GOP pollster who conducts the Wall Street Journal survey with Democratic pollster Peter Hart.
"The president still has a very long road ahead of him, but for the first time in a long time he finds that he has the wind at his back," Mr. Hart said.
The poll found that more voters are encouraged by recent signs of economic improvement: 37% said they expected the economy to get better over the next year, while 17% said they expected it to get worse. Expectations have risen since last month, when optimists outnumbered pessimists 30% to 22%.
We don't know where these surveys are finding such information or such optimistic people in the US. As we wrote recently in a story entitled "US Rebounds? Prosperity Around the Corner?", the idea that the US economy is in some sense growing much better is pretty unlikely from our point of view.
It is surely an elite dominant social theme, that the US economy is improving. And yet, we're seeing increasing articles on this idea – just as we predicted there would be in the run-up to the Obama re-election.
The US according to some estimates has over-promised its citizens benefits and other kinds of compensation in excess of US$200 trillion. This is not just a staggering amount, it is an insupportable one.
Additionally, the dollar reserve system itself that the US depends on is dying in our view. The Fed alone has had to release something like a staggering US15-$30 TRILLION in loans and other forms of funding to prop up the dollar and its foundering banking system around the world.
It is not just the impossible-to-comprehend numbers that inform us that the US dollar reserve system is dissipating; it is also a moral issue as we have pointed out many times before. Thanks to what we call the Internet Reformation, people in the US and Europe are aware for the first time the full extent of the inequities surrounding central banking.
What would have been disguised by ornate prose in the New York Times has been blasted over the Internet with predictable results. People who are losing their jobs, homes and families quite rightly resent the idea that a handful of people can print and control tens of trillions of dollars and dole out this amount of cash in, say, a single weekend.
The system that worked so well in the 20th century, when it was hidden, has all-but-exploded in the 21st century. As the control of media has eroded, the power elite can no longer simply assert certain realities and expect that their assertions will provide history with the appropriate tenor and direction. "Directed history" in the 21st century works no better than many of the Anglosphere's dominant social themes.
Nonetheless, the elites seem to be empowering the meme of Obama's economic success. This gives us the idea that the powers-that-be value Obama's second term and have specific ideas for what will occur then. Whatever takes place will, in our view, be planned by the powers-that-be and Obama will have little or nothing to do with it, except as a kind of spokesperson-model.
Conclusion: And as far the details of a second term go, well ... we know we don't want to find out. But maybe we'll have to.
Posted by Bischoff on 01/31/12 04:43 PM
"Obama is not the only top national leader to serve the interests of the Anglospehere. We believe Nicolas Sarkozy serves their agenda in France, Angela Merkel in Germany, David Cameron in Britain. This is hard for people to fathom, but the amount of control that the Anglosphere exercises over the political process around the world is surprisingly pervasive, from what we can tell."
While I am not very accepting of the conspiracy theories pushed by the DB regarding the Anglospere and the moneyed interests in the "City of London", I do agree with the assessment that Obama is being used to display the United States no longer as the "leader" of the Anglosphere, but more as a senior partner in the American-European effort to direct and control world commerce.
Posted by amanfromMars on 01/30/12 02:40 PM
More Phony Good News About the US Economy, and how sad and desperate that it should render Obama himself the Liar-in-Chief? ... ... . Click to view link
How do you know when a politician is lying? Their lips are moving ... .. Is an old joke, that is true, but it aint no joke.
Posted by amanfromMars on 01/30/12 02:10 AM
Talking of great game changers, c.martel, are we to see them being touted/floated onto markets by stealth and from jurisdictions which are not confined or hindered by arrogance and ignorance. And what do you imagine the chances are of them being a Western hit rather than Eastern discipline. The madness would seem be in those who would think to make it a divisive competition rather than unifying enterprise, methinks, and there's most definitely a lot of insanity about in closed secretive incestuous circles and round tables.
[blockquote]Mum's the Word on that which delivers MkUltraSensitive Absolute Power to CHAOS Control* …. on Click to view link Monday 30th January 2012 05:53 GMT
" ... . and El Reg would expect a veritable feast of future papers for quantum crypto enthusiasts."
One thing you can be certain of, El Reg, given the very clear undetected and undetectable advantage that cracking quantum cryptography delivers to control communications systems, is that those who know how and why it works so effortlessly and efficiently, to reveal every past and future secret previously thought to be secured and an exclusive intellectual property, will be conspicuous by their absence in the veritable future papers feast ... ... . grand phishing competition.
* Or as close to it with/in IT and Media Manipulation Machines as makes no difference to lemmings and alien subjects being objected to human programming/prime thought control.**
Something which may be novel and news to you, but for the likes of all those GCHQ clones out there, just as another easy day at the office. Mess with and/or challenge the lead position of intelligence with the artificial beads and gaudy baubles provided by easily arranged paper and instantly transferred electronic wealth, and the puppets into supply of the latter will lose their hold on the reins of future power and absolutely fabulous fabless control.
** If you prefer, please also realise the probability and inevitability of that being equally well versed as makes no difference to lemmings and human subjects being objected to alien programming/prime thought control.[/blockquote]
Posted by c.martel on 01/29/12 02:19 PM
And the picture of what appears to be a modern-day Tower of Babel is quite appropriate!
The situation at-hand appears too daunting for the likes of mere men to resist! However, God, as He has in the past, has ways of bringing about a very effective game changer.
It grows increasingly more suspenseful what God may do this time to foil the plans of mere mortals.
Posted by amanfromMars on 01/29/12 07:15 AM
Yes, well, that is as maybe, herrfaust, but it does tell us all what we need to know about the moral integrity of the administration of the US and the intelligence of its peoples, that they would have a puppet play president for the media to parade as a competent and popular leader, whenever he is just doing as he is told and saying what he is told to say.
Another disintegrating Ponzi scam which is quickly irretrievably unravelling as the world starts to realise how simply such plays are exposed and destroyed for the false pictures that they present.
Posted by herrfaust on 01/29/12 04:56 AM
Obama's a smart guy. He understands very clearly that his job is to act out his script and that he has no real power outside of the role he plays.
I don't think any other president has been quite this pragmatic, so it's little wonder he's wanted back for a second term.
Posted by pjmauigirl1 on 01/28/12 10:46 PM
What do you suggest? My conscience is starting to nudge me, not sure where.
Posted by Bluebird on 01/28/12 06:45 PM
You could very well be right. Today I received a phone call offering me a free two day cruise to the Bahamas if I answered a brief poll on politics, concerning the economy. I, of course, hung up. But throughout the day my mind keeps asking who would have the resources to offer mass amounts of people such an item? Of course my mind leads me to the candidate who has "done so much to improve it". Ha! What a joke!
Posted by dotti on 01/28/12 04:47 PM
Robert, I share your fear.
Posted by robert wheeless on 01/28/12 02:02 PM
I have long held the opinion that Obama will win re-election. It is apparent that his complete disregard for the Constitution or the other two branches of our so-called government are the result of his muslim upbringing and creed.
I believe that should the slightest chance of his losing the election appear, that the 2012 presidential election will be canceled (mandated
for reasons of national security.)
The 'sheeple' will acquiesce (75% don't know what's going on anyway)and choose serfdom over freedom. Just provide me with the free stuff, freedom can take care of itself.
Posted by dotti on 01/28/12 08:55 AM
Meredith, I always enjoy your posts! You are right that most Americans are blissfully sleeping.
They may realize the economy is bad, but they are willing to believe that things are getting better. and they seem blind to the fast moving loss of liberty here and globally.
I don't watch MSM, but this morning saw report by Gerald Celente, whom I've always considered reliable, that there are military exercises going on in LA. Anybody know anything about this?
Here is Celente's report:
Click to view link
I am hoping that DB will cover this today. It seems a harbinger of what is to come.
Thanks Meredith. I don't feel ready, but am doing the best that I can with my limited resources.
Posted by Merridth80 on 01/28/12 07:57 AM
I respect each & every one who gives their opinion here. But you all know that, WHOEVER POTUS is, he signed into Law the NDAA!
Kim dotcom is his first victim, after he laughingly said, "I'll never use this"! Well just a matter of hours later Kim dotcom was relieved of his site, documents & liberty! He has now no recourse to Habeas Corpus, attornies, Courts etc.
Any one who speakes against him(obama.soetoro,soebarkah) whoever he is and his fraudulent use of someone else's Social Security Number, is at the same risk.
What is it going to take to wake up the American Sleeping Giant?
I'm ready, are YOU?
Posted by TimurTheLame on 01/28/12 06:04 AM
Again I wonder how many people reading articles such as the WSJ one excerpted above ask how was the poll conducted? What were the questions?
Would a question such as " Do you feel more optimistic now than you did in 1985 ?" yield a different answer than
" Is your standard of living better than that of the residents of downtown Detroit?".
I joked back in the day when one poll showed 'Dubya' as having an 80% approval rating that the question asked by pollsters must have been " Who would you rather have as president, GWB, or OJ Simpson?" The punchline of course was that still 2 out of 10 went for the 'Juice".
Folks, we are at the Pravda, Izvestija stage. Even people who know better are not immune from the propaganda if they still glance at a newspaper or still have TV. The Bernays method , like rust, never sleeps.
The longer one stays away from any of the MSM venues the more fascinating a quick return becomes. The sub-liminals being the most fascinating. It will make for interesting conversation among your peers at Gitmo.
That and asking the jailer " Boss, is this slop free-range?"-ha!
Posted by Danny B on 01/27/12 11:39 PM
Yup, our POS POTUS wants to be re-elected. He has a few hurdles to beat first. The debt ceiling part deux will come before November.
He may very well NOT appear on the Georgia ballot. Other states may emulate Georgia.
Click to view link
China could BLOW at any moment.
Click to view link
ASEAN and BRIC might very well give a stern lesson in Gresham's Law.
The dollar itself is a huge liquidity trap
Click to view link
Then, there is the certainty of contagion from the Euro collapse. Trichet says that "swap triggers are unacceptable". It should be pretty funny to see him try to whip the investors into line.
Click to view link
The entire financial industry has deserted the sick banks. They're on a short fuse.
Various GOVs have distributed trillions to various banks with the understanding that these same banks would use the money to buy sovereign debt. The various banks thanked GOV very profusely and then did NOT buy sovereign debt.
COMEX could go naked at any moment because PM investors are buying straight from the producers and isolating COMEX.
The U.S. bond market is faltering and could turn on a dime.
Click to view link
Somebody is going to get whacked up the side of the head by a falling black swan.
Posted by johnblenkins on 01/27/12 10:27 PM
First saw this last week. now on zero hedge.
Puts in to manageable perspective the depth of debt.
Should be compulsive viewing for all Americans in this election year.
Ron Paul's campaign might well benefit by this video. imho.
Posted by oldman67 on 01/27/12 09:03 PM
Obama's background is revealed in THE ROOTS of OBAMA'S RAGE,CORE of CORRUPTION as well as THE MANCHURIAN PRESIDENT.The first and last book is available at the WND book store at Click to view link.THE ROOTS of OBAMA'S RAGE,"Stunning... the most profound insight i have read in the last six years about Barack Obama." Newt Gingrich.
Posted by seer on 01/27/12 08:30 PM
The American people, the American investors, and American Corporatocracy have learned to view the world through short term myopic increments. Quarterly profits are the goals of CEO's and thus we have neglected planned long term growth or even looking at the negative effects of the present decisions. Chasing the easiest most convenient dollars without examining the long term effects of these actions are precisely what has led the Corporatocracy to the present predicament. Unfortunately there does not appear to be any great changes on the horizon. The Quarterly profits rein king.
Posted by penelope on 01/27/12 07:45 PM
Regarding Obama's back-ground, I have just read a report out today via http:/ww.globalreport2010.neweditionJan 27th. He appears to be a full-on Communist. The report also quoted Vladimir Lenin... "The Press should be not only a collective propaganist and a collective agitator, but also a collective organiser of the masses". The list of conditions quoted from "The Naked Communist" seem to be fully implemented.
You are spot on DB.
Posted by Ol' Grey Ghost on 01/27/12 07:06 PM
I've been seeing this all over the television today. Sometimes talking up the economy has its useful application in the principle of the "self-fulfilling prophecy." If you suggest that everything is rosy and people go out and spend, then the economy might get better. If you give out dire warnings of impending doom people start to be stingy and the economy in general can suffer.
If you are telling everyone that things are getting better just to win an election and everyone goes into further debt on your word just before the rug is yanked out from under their feet, you're evil. Of course, that's part of the minimal prerequisites before getting the job.
Click to view link
For some reason the old Bible story about a fellow named Joseph and a few emaciated cows keeps coming to mind...
Posted by Bob in Dallas on 01/27/12 05:55 PM
The powers that be are the authors of great causes for liberty like the patriot act.