http://www.oftwominds.com/blogmay11/blowback5-11.html
Memo to Bernanke: It's Called Blowback, Baby (May 6, 2011)
The covert manipulation of the domestic economy has set up ideal conditions for massive domestic blowback against the responsible agencies such as the Federal Reserve. (Spring Special: 10% off Everlasting Seeds)
Broadly speaking, "blowback" is the unintended consequence to the civilian population of secret government operations. It is typically used to describe the consequences of overseas covert operations:
Blowback:
The term blowback first appeared in the the CIA internal history of the US’s 1953 Iranian coup d'état. Examples of blowback include the CIA’s financing and support for Afghan insurgents to fight an anti-Communist proxy guerilla war against the USSR in Afghanistan; some of the beneficiaries of this CIA support joined al-Qaeda's terrorist campaign against the United States.
But there is another kind of blowback brewing in the U.S.: the negative consequences of massive covert manipulation of the domestic economy by the Federal Reserve and agencies of the Federal government. A key feature of propaganda is the "documentation" presented to support a politically advantageous distortion.
In this case, the statistical support for the "recovery" rests on three numbers:
1. the stock market
2. the Federally issued jobs report
3. the GDP
In all cases, the numbers are doctored in a coordinated covert campaign to persuade the public that the economy is growing smartly.
(cont)
I have come to realize that men are not born to be free. Liberty is a need felt by a small class of people whom nature has endowed with nobler minds than the mass of men. -Napoleon
| 
