Today's Coming Crisis Movie

Thursday, October 13, 2011

Senators declare economic war on Iran after murder plot and urge Obama to bring down its central bank 'terror paymasters'

Note; How can we distract the people from the mess we made of our own countries...oh yeah another war... problem is will Iran take it lying down like Libya did? I doubt it very much.

Lawmakers across the country today declared economic war on Iran as anger grew following an alleged plot by Iranian government agents to assassinate the Saudi ambassador to America in Washington DC.

As America's most senior politicians today held Iran accountable for the 'significant terrorist act', senators declared the plot an 'act of war' which should be avenged with serious economic sanctions.

Calls for action came, among many others, from the chairman of the Senate Armed Services Committee, who said a 'serious response' by the U.S. was imperative. Other senators called for President Obama to revisit a request by 92 lawmakers for the U.S. to crush Iran's central bank. Read More

Interesting Facts about World economic struggle or better known as the Great Depression:

The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s. It was the longest, most widespread, and deepest depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline. The depression originated in the U.S., starting with the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). From there, it quickly spread to almost every country in the world.

The Great Depression had devastating effects in virtually every country, rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60%. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as cash cropping, mining and logging suffered the most.

Some economies started to recover by the mid-1930s; in many countries the negative effects of the Great Depression lasted until the start of World War II.