The Expiring Economy

The Expiring Economy - Economyincrisis.org -

America’s wars are contrived affairs to serve the money-laundering machine: from the taxpayers and money borrowed from foreign creditors to the armaments industry to the political contributions that ensure $636 billion “defense” bills.

Paul Craig Roberts, with video by Craig Harrington

Tent cities springing up all over America are filling with the homeless unemployed from the worst economy since the 1930s. While Americans live in tents, the Obama government has embarked on a $1 billion crash program to build a mega-embassy in Islamabad, Pakistan, to rival the one the Bush government built in Baghdad.

Hard times have now afflicted Americans for so long that even the extension of unemployment benefits from 6-18 months for 24 high-unemployment states, and to 46-72 weeks in other states, is beginning to run out. By Christmas, 1.5 million Americans will have exhausted unemployment benefits while unemployment rolls continue to rise.

Amidst this worsening economic crisis, the House of Representatives just passed a $636 billion “defense” bill.

Who is the United States defending against? Americans have no enemies except those that the U.S. government goes out of its way to create by bombing and invading countries that comprise no threat whatsoever to the U.S. and by encircling others — Russia for example — with threatening military bases.

via Economyincrisis.org – America’s Economic Report – Daily.