http://www.commondreams.org/archive/2008/05/19/9047/ As Mike Whitney reported at the end of October in 2006 — a day before Halloween — the US was then engineering the drop in the dollar to “improve competitiveness” — ie subsidize US exports in a flawed attempt to reduce the growing balance of trade gap. The result was summed up in the headline: “The U.S. Dollar is kaput. Confidence in the currency is eroding by the day.”
Whitney saw then what our media has still yet to report or understand. Was it a “trick or treat?” Read on: “The financial crisis that we now face was created by design. It is intended to destroy the labor movement, crush the middle class, quash Medicare, Medicaid and Social Security, reduce our foreign debt by 50 or 60%, force a restructuring of America’s debt, privatize all public assets and resources, and create a new regime of austerity measures which will divert more wealth to the banking and corporate establishment.” _______________________________________________ OSX-Nutters mailing list | [email protected] http://lists.tit-wank.com/mailman/listinfo/osx-nutters List hosted at http://cat5.org/
