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Austerity comes to Israel
It’s gratifying to see that average Jews are as stupid about money as are average non-Jews. Average Jews and Americans do not realize that the USA and Israel are monetarily sovereign, unlike twenty-two European nations that are not monetarily sovereign, since they are held hostage by Troika bankers and the euro currency.
Monetarily sovereign means USA and Israel create their own money. Hence it is not possible for either nation to go “broke.” And since the USA and Israel do not depend on tax revenue, neither nation need worry about budget deficits, or national debts.
Think about it. If you are legally allowed to print money in your house, then you need not worry about debt. You need not “live within your means,” since your means are limitless.
Nonetheless, U.S. and Israeli bankers and politicians have brainwashed the U.S. and Israeli masses into falsely thinking that the government can indeed go broke, and must therefore “live within its means.” Netanyahu recently told the Israeli masses, “There’s no free lunch.” Of course there is a free lunch for the One Percent, who collect riches by doing nothing more strenuous than breathing. The One Percent rule by convincing the masses that the U.S. and Israeli governments must “live within their means.” A banker creates limitless money on a computer keyboard for wars and bailouts, but when it comes to social programs, the banker (and the politicians on the banker’s payroll) claims that, “Money doesn’t grow on trees.”
Hence social programs must be eliminated. The masses must have poverty, otherwise known as austerity.
The masses not only believe the banker’s lies; they angrily defend the lies. They champion their slavery. They are resolutely stupid.
This applies as much to the Jewish masses as to any other group.
AUSTERITY COMES TO ZIOSTAN
Benjamin Netanyahu has boasted that Israel has escaped the fate of Greece and Spain. Therefore Israel must now have austerity, so that Israel can be more like Greece and Spain.
Let me quote an AFP article, and insert comments…
“Prime Minister Benjamin Netanyahu, who has long boasted how Israel has avoided the fiscal fate of Spain and Greece, is poised to unveil tough austerity measures to punish the underprivileged. The measures will aim to make up part of the budget deficit that has climbed to 4.0 percent of Israel's GDP -- twice that which was expected for 2012.”
COMMENT: Right away we see the hot button of “budget deficits,” which is a red herring. Deficits are irrelevant, since Israel can print as much money as it needs, and does not depend on tax revenue. The One Percent, and the politicians on their payroll, push the “budget deficits” hot button when they want to crush the masses further into poverty.
Hence the bankers eliminate money for social programs, while creating endless money for wars and bailouts. They claim that government spending on social programs must be reduced – even though it is government spending that gets money into the system in the first place. The more government spending is cut, the more money is taken out of the system, and the more the real economy dies for the 99 percent. (Meanwhile the financial economy increases for the One Percent.)
“Taxes on cigarettes and beer have already been hiked this week, and the government will also be raising VAT from 16 to 17 percent, and introducing a 2.0 percent income tax rise in households with an annual income of at least a million shekels ($245,000, 199,300 euros).
Also expected is a combined 700-million-shekel ($171 million) cut from the budgets of all ministries with the exception of defense, education and welfare. A spokesman for Netanyahu claimed that these measures would raise the annual tax burden of each Israeli household by 1,740 shekels ($426/347 euros). But these are the beginning, with Finance Minister Yuval Steinitz preparing an additional series of tax rises for 2013.”
I love it. The Israeli government screws the Jews! First of all, there should be no federal taxes at all. Zero. The Israeli government does not need or use tax revenue. (Nor does the U.S. or U.K. governments). The Israeli government runs on money that bankers create from nothing.
Netanyahu wants to spend less on social programs, thereby putting less money into the economy. He also wants to raise taxes, thereby sucking money out of the economy. This will crush the 99 percent, and enrich the One Percent, who rely on the financial economy (not the real economy). The poor will become poorer, and the rich will become richer.
“Netanyahu said the government must increase its income to fund free childcare from the age of three, to build a security fence along its southern border with Egypt, and to acquire new weapons and defense systems to cope with new threats.”
They claim they must increase their tax revenue, even though tax revenue is irrelevant. Tax revenue is destroyed (i.e. canceled out) upon receipt. Money for childcare, weapons, etc does not come from tax revenue. It comes directly from central bankers.
Average Jews do not understand this. They are as stupid as are average non-Jews.
“Earlier this week, Netanyahu suggested the defense budget could rise even further because of regional developments, notably in Syria.”
Yup. Bankers create limitless money out of thin air for weapons makers, who pay kickbacks to politicians.
Also, note how an external “threat” is used to further deceive the masses. The Israeli government tells Jews that Israel must defend itself from the “threat” of Syria (even though Syria is currently being destroyed). Hence the Jews must have austerity. They must have a depression. They must have less money in their economy, because of increased taxes and decreased government spending on social programs.
“Beyond the increased expenditure, tax revenues have dropped because of slow economic growth, which is 3.1 percent so far this year compared with 4.8 percent in 2011.”
I repeat that tax revenues are irrelevant. The Israeli government does not need or use them. The only purpose of taxes is to force the masses to use the currency issued by the bankers.
“Those who say that we can spend lavishly... endanger the state of Israel and could easily lead it to the brink of bankruptcy, as is the case of leading European economies,” Netanyahu said.
But the government can always spend lavishly on war and weapons, since the bankers create money on their computer keyboards.
And note how Netanyahu makes the false comparison between Israel, which is monetarily sovereign, and European economies that use the euro currency, which are not monetarily sovereign. European governments cannot create money out of thin air. Instead, they must beg for money from the Troika bankers. Thus, European governments that use the euro can indeed go “broke,” whereas Israel has the unlimited ability to create shekels, and thus can never be forced into bankruptcy.
Netanyahu is essentially saying, “Since we create our own money, we do not need austerity. Therefore we have not fallen into a depression like Europe. Therefore we must have austerity, so the Israeli masses will suffer, and the Israeli One Percent will prosper.”
“Israeli officials also fear that the major international rating agencies, which had hitherto provided Israel with a clean bill of health, will lower their ratings.”
Oy vey! Lower ratings would mean tyat Israel would pay a higher rate on borrowing. However, Israel doesn’t need to borrow at all, since Israel creates its own money. And if Israel does borrow, and must pay a higher interest rate, then so what? Israel can simply create more money. A monetarily sovereign nation has the unlimited ability to pay any interest rate, no matter how high.
The “ratings agency” ruse is another red herring. Netanyahu spouts one lie after another, all of them designed to further empower the One Percent, and crush the 99 percent.
“Until now, the Jewish state had effectively escaped the sub prime crisis of 2008 and the beginning of the current crisis in the eurozone. ‘To ensure stability, we must take unpopular measures,’ said Harel Locker, director general of Netanyahu's office.”
Translation: “We must no longer continue to do what has worked. To ensure stability, we must change the very thing that gave us stability. We must crush the masses with needless austerity, just as Goy government crush their own masses.”
“Netanyahu will increase the Value Added Tax (VAT) for most Israelis, while decreasing taxes for multinational corporations, cutting their current rate from 25 percent down to 12 percent.”
Value Added Taxes affect only the 99 percent, and will be doubled. Taxes on multinationals affect mainly the 1%, and will be cut in half. It’s the same the world over. Israeli politicians are as corrupt and pro-One Percent as are politicians everywhere else.
“In a defensive statement, Netanyahu said that ‘even after the steps we will take, families in Israel -- middle-class and underprivileged -- will remain with more money in their pockets thanks to measures such as free education from the age of three, tax benefits for working families and free dental care for children.”
Translation: “Don’t whine as we impoverish you. After all, we let your brats have free education and dental care. Yes, we will take ten shekels out of your right pocket, but in our kindness, we will put five shekels back into your left pocket. What more do you want? After all, we must live within our means.”
“Central bank chief Stanley Fischer said Netanyahu's planned measures were ‘very serious progress’ that displayed ‘very responsible leadership by the economic decision-makers’.”
“Responsible leadership” is that which increases the tyranny and depravity of central bankers. The more that central bankers impoverish the masses, the more central bankers are worshipped as gods with the power of life and death.
So there it is. Israel’s bankers and politicians will crush Israel’s masses, like in every other country. Yessss!
Some of you may think, “The USA will just send more money to the Jews.” However, I repeat yet again that Israel and the USA create their own money. Thus, Israel does not need those billions the USA sends it. Aid to Israel is another shell game to keep the U.S. and Israeli masses deceived and confused. The shell game makes the masses falsely think that monetarily sovereign governments must “live within their means.”
Many people complain that U.S. tax dollars support Israeli crimes and aggression. The bankers allow these complaints. The bankers encourage it, since the more you are angry that U.S. tax dollars support Israeli atrocities, the more you are distracted from the truth.
The truth is that tax dollars are irrelevant. Tax dollars pay for nothing. Banker-created money pays for everything. When you rail against US aid to Israel, you fall into a mental rut. You do not see the real crime, which is that the power to create money is in the hands of a private monopoly in Israel, plus all Western nations. (Nations that have genuinely public banks must be destroyed, e.g. Libya, Syria, and Iran.)
So yes, average Israelis are as stupid as are average Goyim. Even better, the Jews are enslaved by their own holo-hoax lie. If you try to explain the banker / politician scam to average Jews, they will resort to numerous rationalizations to defend their ignorance and slavery. They will even say, “It is necessary to avoid another Holocaust.”
In this we can take great delight.