Donald Trump and Robert Wiedemer

Things are not only worse than being reported, but going to get worse according to Donald Trump and Robert Wiedemer.

As for inaccurate reporting of the current economic crisis in the USA, I recall at the start of the crisis in 2008 a tactic touted by the MSM to report things as improving and getting better, even though they were not getting better, IOT paint the picture rosey and send out good, positive vibrations (for lack of a better description). This way people would remain generally upbeat and positive about the situation and things would improve as a result of this attempt at a positive reaffirmation of self fulfilling prophecy.

I always thought it was hogwash, yet that is exactly the approach that at least 90% (IMO) of the MSM have taken, and obviously that hasn't worked out so well.

Here are some snippets, and if you link to it, there is a video interview at the bottom of the article.

Trump Says The Way President Obama Is Running The Country Is "Stupid"
It’s clear that Trump holds President Barack Obama responsible for the ballooning debt. Trump stated that the way Obama is running the country is “stupid.”

He goes on to point out that the downgrade of U.S. debt is inevitable.

“We are going up to $16 trillion [in debt] very soon, and it’s going to be a lot higher than that before he gets finished. When you have [debt] in the $21-$22 trillion, you are talking about a downgrade no matter how you cut it.”

Ballooning debt and a credit downgrade aren’t Trump’s only worries for this country. He says that the official unemployment rate of 8.2 percent “isn’t a real number” and that the real figure is closer to 15 percent to 16 percent. He even mentioned that some believe the unemployment rate to be as high as 21 percent.

“Right now, frankly, the country isn’t doing well,” Trump added, “Recession may be a nice word.”

Where Trump sees ballooning debt and a credit downgrade, Wiedemer sees much more widespread economic destruction.

In a recent interview for his newest book Aftershock, Wiedemer says, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”

When the host questioned such wild claims, Wiedemer unapologetically displayed shocking charts backing up his allegations, and then ended his argument with, “You see, the medicine will become the poison.”

The interview has become a wake-up call for those unprepared (or unwilling) to acknowledge an ugly truth: The country’s financial “rescue” devised in Washington has failed miserably.

http://www.moneynews.com/StreetTalk/...MO_CODE=F354-1

[Dozer523]

THE Donald?, Donald Trump? Guy with a comb-over and an asinine TV show uses the word "stupid"?
That Donald?

Well, I'll be damned.

[greenberetTFS]

Originally Posted by Dozer523

THE Donald?, Donald Trump? Guy with a comb-over and an asinine TV show uses the word "stupid"?
That Donald?

Well, I'll be damned......

Big Teddy

[Paslode]

Originally Posted by Sarski

As for inaccurate reporting of the current economic crisis in the USA, I recall at the start of the crisis in 2008 a tactic touted by the MSM to report things as improving and getting better, even though they were not getting better, IOT paint the picture rosey and send out good, positive vibrations (for lack of a better description). This way people would remain generally upbeat and positive about the situation and things would improve as a result of this attempt at a positive reaffirmation of self fulfilling prophecy.

I always thought it was hogwash, yet that is exactly the approach that at least 90% (IMO) of the MSM have taken, and obviously that hasn't worked out so well.

It's like the scene in the Blues Brothers where the Band keeps playing while Jack & Elwood escape. The media are just putting up a facade while the rest of the Wall Street gang continues the looting and plotting their escape and the Politico's are gearing up for controlling the situation when the sheeple figure they have been lead to slaughter.

[MtnGoat]

Originally Posted by Paslode

It's like the scene in the Blues Brothers where the Band keeps playing while Jack & Elwood escape. The media are just putting up a facade while the rest of the Wall Street gang continues the looting and plotting their escape and the Politico's are gearing up for controlling the situation when the sheeple figure they have been lead to slaughter.

Amen!!! Between Obama and his ways most of America doesn't care, MSM pushing what they want and America buys it. At least The Donald is calling it right. Let's see how the UN gun vote goes, Obama backed and MSM pushed. I can't wait for January and the great communication require vote.