This fellow along with CFR/Goldman Robert Rubin designed NAFTA and negotiated most favored nation status with China under Clinton. He is now assistant Treasury Secretary under Timmy as well as being director of the Council on Economic Advisors (and staff member of the CFR). He and Rubin, more than most others, are directly responsible for offshoring U.S. manufacturers and jobs. It should now be obvious who is behind our “free trade” policy, the rush to de-industrialize the U.S. and reduce our standard of living. In a couple of words they believe you are “useless eaters” that have zero role in the “new economy”.
_____________
From wik helped to create the dervatives:
During Bill Clinton’s first term as President, from 1993–1996, Sperling served as deputy director of the National Economic Council while the Council was directed by Robert Rubin, who was promoted to Treasury Secretary. Sperling became National Economic Adviser to Clinton and director of the National Economic Council from 1996 to 2000.
As director of the NEC. Sperling was a principal negotiator with then-Treasury Secretary Lawrence Summers of the Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act. Gramm-Leach-Bliley repealed large portions of the depression-era Glass-Stegall Act allowing banks, securities firms and insurance companies to merge.
______________-
This is just a way to fund more Wars of Aggression against African and Middle Eastern countries who happen to be sitting on top of “our” Natural Resources. Tax Policy has become the favorite tool of Politicians to drive the Poor into even more dire circumstances than they were already in, thereby forcing them into the Military or Wal-Mart, and to lift the Rich up into Stratospheric new levels of wealth where they can increase their campaign contributions ten-fold.
Yes, the Rich should pay more taxes. Of course they should. But, not just as a percentage of their income, but as a percentage of their accumulated wealth. This money should be used to develope Clean Renewable Energy, rebuild our Infrastructure, fund Education and provide Healthcare to every man, woman and child in this country. Regardless of their Citizenship status.
_________________
freebirdflies says:
February 14, 2012 at 10:35 am
From wik helped to create the dervatives:
During Bill Clinton’s first term as President, from 1993–1996, Sperling served as deputy director of the National Economic Council while the Council was directed by Robert Rubin, who was promoted to Treasury Secretary. Sperling became National Economic Adviser to Clinton and director of the National Economic Council from 1996 to 2000.
As director of the NEC. Sperling was a principal negotiator with then-Treasury Secretary Lawrence Summers of the Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act. Gramm-Leach-Bliley repealed large portions of the depression-era Glass-Stegall Act allowing banks, securities firms and insurance companies to merge.
_______
Kenneth HulsbergJan 9, 2012 02:55 PM
Levantine,
Actually, it's clear who the budget cuts will effect, because Ron Paul has his austerity plan published on his website. See: http://www.ronpaul2012.com/the-issues/ron-paul-plan-to-restore-america/
Yes, people suffered from malnutrition then, and still we have people who suffer from it today. You must realize roughly thirty million people are underemployed or unemployed. Start cutting the assistance these people receive and they will suffer. This is the reality of the situation. Austerity will not do anything but help those who've stolen the wealth of Americans to keep their loot. Austerity is a bankers trick. Don't fall for it.
This is just Orwellian: "Three, what was the alleged NWO purpose of pushing austerity? To weaken people power so that they can't fight against state suppression of freedoms; but with Ron Paul as president you shouldn't in principle fear such suppression."
You're saying austerity serves the NWO by weakening the ability of people to resist, but that very same policy of austerity is alright as long as it's from Ron Paul.
As far as the New Deal is concerned, I do know some bad came from it, but the purpose behind it did create positive results by improving the physical economy, thus creating a means out of the depression. You will not get these kinds of results with Ron Paul's austerity. I can't say I'm familiar with the austerity measures taken just after the introduction of the New Deal. Thus, I cannot speak to that. It would be great if you could provide some links or information on this matter.
I think people have fallen into a belief that having the full might of depression visit the American people will force them to wake up, love liberty, and re-discover the Constitution, Bill of Rights, etc. No, this will not happen. The people will awaken. The only question is, will they have the ability to do anything about it? Austerity will only help the bankers.
Thanks for commenting :-)
__________
http://killtheempire.blogspot.com/2011/12/webster-g-tarpleys-critique-of-ron.html#comment-form
Kenneth HulsbergJan 3, 2012 07:06 PM
Our national wealth cannot be measured in numbers. It must be measured in physical terms, such as infrastructure, production, scientific development, standard of living, etc.
There's no real point in debating the details of taxes, when this system is designed to subvert national sovereignty, asset strip, and enslave. We must resume the powers of Article 1, Section 8. No gold-standard or "free-market" will fix anything. My money page covers all this.
Austerity is unacceptable, even if proposed by Ron Paul. Austerity is the agenda of the oligarchy, so why on Earth would I support austerity? Just because Ron Paul's offering it? No, I don't think so.
Just because I do not support Ron Paul, due to his economics, does not mean I must have some all perfect candidate to offer everyone. Just because I don't have such a candidate doesn't mean I must betray my reason and support Ron Paul.
Thanks for your comments.
________
Kenneth HulsbergJan 3, 2012 11:55 AM
So, you're proposing we tax household financial assets? Assets which belong to the working class? Why must the working class pay more, when the parasites on Wall Street pay nothing? Why not a Wall Street sales tax? Why not shift the burden of this depression onto those who created it, rather than those who are being punished by it?
No Solonsays, austerity is class warfare under a different guise.
Ron Paul is brainwashed by this Austrian/Libertarian non-sense. He's promoting austerity which will only serve the ruling oligarchy, not the working class.
Austerity will NOT end this depression!
__________