In an attempt to justify further cuts to social programs and other essential elements of the US budget, politicians and media demagogues have been fear-mongering Americans regarding the nation’s debt.
At the same time, the Federal Reserve and the major financial institutions that control it, literally laugh all the way to the bank.
While President Obama and his Democrat cheerleaders manage to portray themselves as the protectors of social programs preyed upon by right wing Republicans, the truth is that both parties have entered into an ideological partnership – one that serves the interests of Wall Street and the financial oligarchy. (Read entire article)
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