The “Fiscal Cliff” Scam Unmasked– In Clear English

An admirably cogent and accessible explanation of why the so called “fiscal cliff” is pure political fear mongering in the form of an audio interview between Harry Shearer aka Ned Flanders and an actual economist, Dr. Stephanie Kelton. The Democrats and Republicans would strongly prefer you not understand this lesson in fundamental economics. The upcoming “Grand Bargain” between Obama and the GOP led House isn’t about protecting the dollar or the country’s solvency but about destroying/privatizing the social safety net, privatizing education and essentially gutting or destroying all government except “defense” so that already obscenely rich people can become even more obscenely rich. Um, guess who are paying for both the D & R campaigns? Those same obscenely rich people.

http://www.kcrw.com/etc/programs/ls/ls121028le_show_-_october_28

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