Guest Post: Pump It Up

Tyler Durden's picture

Submitted by Jim Quinn of The Burning Platform

Pump It Up

Down in the pleasure centre,
hell bent or heaven sent,
listen to the propaganda,
listen to the latest slander.
There’s nothing underhand
that she wouldn’t understand.
Pump it up until you can feel it.
Pump it up when you don’t really need it.

Elvis Costello - Pump It Up

I had been planning an article based on the Green Day song – Static Age -
about the propaganda, lies and misinformation that are endlessly
directed at the American people by the government, the mainstream
corporate media, and the wealthy elite that control the levers of our
society. Then Barack Obama presented his 2012 Budget proposal, including
his 10 year projection for our country. I know you’ve heard the term
Peak Oil, but the term that came to my mind when I saw Obama’s budget
was Peak Bullshit. I thought that would be a great article name, but
some sites wouldn’t like the foul language. I was in a quandary until
the Elvis Costello song Pump It Up came
on the radio while I was driving to work. Down in the pleasure center
of Washington DC, the propaganda, slander and most blatant lies are
spoken without a hint of guilt or even the faintest whiff of shame. The
politicians in Washington DC on both sides of the aisle believe the
American people are stupid, gullible, apathetic and easily manipulated.
They may be right, but there are a few people out there who can cut
through their bullshit and find the truth.

Obama, Wall Street, and the corporate
mouthpieces in the mainstream media have been pumping up the American
people for months with false data, unwarranted optimism, bank profits
created out of thin air by accounting fraud, and attempting to create an
economic recovery built on a foundation of sand, supported only by
lies. The Obama budget is worse than a joke. It is a tragic joke. It
amazes me that he can stand in front of the American people and present
such a lie. The liberal media then unquestioningly presents the budget
as a frugal cost cutting proposal that will reduce deficits and inflict
painful cuts upon the poor American people. It would be laughable, if it
wasn’t so sad. One look at Obama’s deficit projections for FY11 and
FY12, presented one year ago, should be enough to convince you that no
one in Washington DC has a clue what they are doing.

  Federal (Deficit)
Year Spending Surplus
2011 $3,834 -$1,267
2012 $3,755 -$828


Obama projected a two year deficit of $2.1
trillion. His current projection, just one year later, is $2.75
trillion. He missed it by this much.

The rocket scientists running our country
underestimated the deficit by 31% in the space of one year. I suppose
that is considered highly accurate for a government drone. Now let’s get
some perspective on Obama’s projected FY11 deficit of $1.65 trillion.
This is the projected DEFICIT. Do you remember back to the Clinton
administration? Did you feel like your Federal government wasn’t
spending enough? In 1998 the TOTAL SPENDING of the Federal government
was $1.65 trillion. We now run deficits that equal the entire budget of
the United States in 1998, without blinking an eye or questioning how we
got here. The politicians have scared the populace into thinking that
the country will collapse without the Federal Government spending $3.8
trillion of your money, every year.

Static Age

Can you hear the sound of the static noise?
Blasting out in stereo
Cater to the class and the paranoid
Music to my nervous system
Advertising love and religion
Murder on the airwaves
Slogans on the brink of corruption
Vision of blasphemy, war and peace
Screaming at you

I can’t see a thing in the video
I can’t hear a sound on the radio
In stereo in the static age  –
Green Day – Static Age

The politicians prefer their actions be bathed in shades of grey. The
corporate payoffs, backroom deals, union arm twisting and selling of
votes to the highest bidder are how business is done in Washington DC.
They believe that if there is enough static noise being generated by the
mainstream media, then the American public will be distracted and not
notice they have destroyed the country. When analyzing Obama’s budget we
need some perspective. Below is a chart showing actual Federal spending
and deficits from 1999 through 2010 and projections from 2011 through
2021. My assessment is that the Great American Empire peaked in
1999-2000. The unemployment rate was 4% and 64.4% of the working age
population, or 137 million Americans, were employed. Corporate profits
were surging, along with the stock market. The Federal government was
spending $1.8 trillion and generating budget surpluses of $236 billion.
The National Debt of $5.7 trillion was only 57% of GDP. 

The decline of the American Empire can be seen in the chart of woe.
The unemployment rate today is 9%. Only 58.4% of the working age
population is employed. Eleven years after peak empire, the working age
population has grown by 26 million people and the number of employed
Americans has grown by 2.4 million. At least 64.4% of the population
would like to be working. This means that there are 14.4 million people
who would work if the jobs were available. The Federal government is
spending $3.8 trillion and generating deficits of $1.6 trillion. The
National Debt is $14.2 trillion, or 94% of GDP. Except for Wall Street
banks and mega-corporations, small business profits are weak and the
stock market is at the same levels reached in 1999. These are the truths
you won’t hear from politicians or the mainstream media.

  Federal   (Deficit)
Year Spending % Change Surplus
1999 $1,702   $125
2000 $1,789 5.1% $236
2001 $1,863 4.1% $128
2002 $2,011 7.9% -$158
2003 $2,160 7.4% -$378
2004 $2,293 6.2% -$413
2005 $2,472 7.8% -$319
2006 $2,655 7.4% -$249
2007 $2,729 2.8% -$161
2008 $2,983 9.3% -$459
2009 $3,518 17.9% -$1,413
2010 $3,456 -1.8% -$1,293
2011F $3,819 10.5% -$1,645
2012B $3,729 -2.4% -$1,101
2013B $3,771 1.1% -$768
2014B $3,977 5.5% -$645
2015B $4,190 5.4% -$607
2016B $4,468 6.6% -$649
2017B $4,669 4.5% -$627
2018B $4,876 4.4% -$619
2019B $5,154 5.7% -$681
2020B $5,422 5.2% -$735
2021B $5,697 5.1% -$774


So now let’s assess the reality of Obama’s ten year budget. If you
were to believe the reports in the media, you would think that Obama is
cutting deficits and making hard choices. Amazingly, deficits plummet
all the way down to “only” $600 billion to $800 billion after 2012. In
the chart above, I ignore the revenue side of the equation, because
Obama’s assumptions are beyond ridiculous. His assumption of the GDP
growing from $15 trillion in 2011 to $24.6 trillion in 2021, a 64%
increase, is a fantasy. During the last 10 years, GDP grew by only 51%.
So, despite mind numbing debt levels, structurally high unemployment,
peak oil, and a rapidly aging population, GDP is going to surge over the
next ten years? I certainly believe that. Under the Obama budget, tax
revenues will grow from 14.4% of GDP in 2011 to 20% of GDP in 2021. By
comparison, the historical average is only 18% of GDP. Some of Obama’s
tax revenue assumptions are as follows:

  • Raising the top marginal income tax rate from 35% to 39.6%. This is a $709 billion/10 year tax hike
  • Raising the capital gains and dividends rate from 15% to 20%
  • Raising the estate tax rate from 35% to 45% and lowering the estate
    tax exemption amount from $5 million ($10 million for couples) to $3.5
    million. This is a $98 billion/ten year tax hike
  • Capping the value of itemized deductions at the 28% bracket rate.
    This will effectively cut tax deductions for mortgage interest,
    charitable contributions, property taxes, state and local income or
    sales taxes, out-of-pocket medical expenses, and unreimbursed employee
    business expenses. A new means-tested phase-out of itemized deductions
    limits them even more. This is a $321 billion/ten year tax hike
  • Massive new taxes on energy, including LIFO repeal, Superfund,
    domestic energy manufacturing, and many others totaling $120 billion
    over ten years
  • Increasing unemployment payroll taxes by $15 billion over ten years
  • Increasing tax penalties, information reporting, and IRS information sharing. This is a ten-year tax hike of $20 billion.

It is an absolute certainty that the Democrats will lose control of
the Senate in 2012. Obama will never get any of his tax increases
through a Republican controlled Congress. They are DOA. Therefore, his
revenue assumptions are overstated by hundreds of billions every year.
Even using his optimistic assumptions, the National Debt would reach $18
trillion in 2015. Using real world numbers, the National Debt will
exceed $20 trillion in 2015. In what must be a gag, Obama says that
interest on the debt will “only” be $500 billion in 2015. Hysterically,
this would mean our debt holders will only require a crumbling empire
to pay 2.5% on our debt. How about 5% as a minimum and 10% as a more
likely rate? This would put interest on the debt between $1 trillion and
$2 trillion per year. The collapse of America is a certainty if Obama’s
budgeted spending and deficits play out. Somehow, the majority of
Americans are overwhelmed with indifference. 

Overwhelmed By Indifference

Some of my friends sit around every evening
and they worry about the times ahead
But everybody else is overwhelmed by indifference
and the promise of an early bed
You either shut up or get cut up;
they don’t wanna hear about it.
- Elvis Costello - Radio, Radio 

Do you remember when the politicians of both parties were making dire
predictions of Great Depressions, economic collapse and 10%
unemployment if we didn’t pass their ”save an investment banker” rescue
package and the $800 billion “jobs creation” stimulus package? They
assured the American people that these expenditures were temporary and
were only being made to save the country. Before the crisis,
Federal spending was $2.7 trillion. The talking heads at the Fed and in
the White House assure us they saved the world. GDP is growing and Obama
told me we’ve added over 1 million jobs in the last year. Sounds like
the emergency is over. The $400 billion per year of emergency spending
should now be rolled back, since it was temporary. Therefore, Obama’s
budget surely must going from $3.8 trillion back down to a pre-emergency
level of $3.0 trillion in 2012. Not quite. You see, government spending
never goes down. His proposal shows $3.7 trillion of spending in FY12.
Emergencies never end for a politician in Washington DC. Spending equals
power and control over our lives. There will always be another
emergency that requires more spending.

You are now hearing the spin from the ideologues on both sides of the
aisle about their cost consciousness and desire to restrain spending.
It’s all a load of bull. Bush and the Republicans added $4.3 trillion to
the National Debt during their reign of error. Obama has matched Bush
in the space of 2 1/2 years by adding another $4.3 trillion. There is no
effort to cut spending. Obama’s budget shows spending rising from $3.7
trillion in FY12 to $5.7 trillion in FY21. The propaganda and
misinformation being spewed from these corrupt politicians is mind

Again, some perspective is needed to realize how out of control our
Federal Government has become. According to the BLS, inflation has risen
by 33% since 1999. Real GDP has grown by 23%. The population of the
U.S. has grown by 10%. The number of employed Americans has risen by
1.8%. The average pay for a Federal drone (aka worker) has risen by 58%,
while the average pay for real workers has risen by only 30%.
Therefore, the average non-government employee has seen a decrease in
their standard of living as inflation has risen faster than wages. As
you can calculate yourself, Federal government spending surged by 124%
between 1999 and today. Have you noticed a doubling in service level,
competence, educational scores, new energy solutions, or safety and
security? What did we get for an extra $2.1 trillion of spending?


What we got was exhausting wars of choice, less freedom, less
liberties, less safety, more rules, more regulations, more bureaucrats,
more corruption, a financial collapse, and a government that has put us
on a path to fiscal ruin. We’ve almost tripled spending on Defense. Are
we safer? We’ve more than doubled spending on healthcare. Are we
healthier? We’ve more than doubled spending on welfare. Are the
poor less impoverished? We’ve more than doubled spending on education.
Are our children smarter? The Federal government is out of control. When
you hear a politician or pundit detailing the horrors of “spending
cuts”, please keep in mind they are lying. There will be no cuts until
they are forced upon the government by the looming collapse of our
economic system.

Year Defense Pensions Health Care Welfare Education
1999 $333 $431 $332 $165 $56
2000 $359 $454 $352 $171 $60
2001 $366 $481 $390 $183 $64
2002 $422 $503 $427 $224 $78
2003 $483 $518 $469 $242 $91
2004 $543 $537 $509 $238 $96
2005 $600 $565 $549 $246 $106
2006 $621 $591 $583 $250 $128
2007 $653 $636 $642 $254 $102
2008 $730 $669 $671 $313 $102
2009 $794 $739 $764 $407 $91
2010 $847 $756 $821 $496 $140
2011F $965 $801 $882 $488 $130
2012B $925 $813 $866 $424 $121
% Increase 177.8% 88.6% 160.8% 157.0% 116.1%


Now the question is what do we do about it? I know my first
inclination would be to do what that Iraqi reporter did a few years ago
during a Bush press conference in Iraq. I’d love to throw my shoes at
Obama and every lying corrupt politician in America, but the momentary
feeling of pleasure would be snuffed out in seconds by a hail of bullets
from the Department of Homeland Security thugs guarding these traitors
to the American republic.



Below is my CHART OF DOOM. Using real world
assumptions, the National Debt will reach $25 trillion by 2019. That
level of debt would be 130% of a realistic GDP figure. The interest on
this level of debt would likely exceed $2 trillion per year, more than
the entire Federal spending budget in 2002. This chart will not come to
pass. Our economic system will collapse well before we reach a $25
trillion debt level. This is already baked in the cake. There are not
enough politicians willing to tell the truth and not enough citizens
that want to hear the truth. The result will be default, insolvency,
currency collapse, vaporization of wealth, chaos, and pain.  

The only way to avert the coming financial catastrophe is to go
Egyptian on their asses. Maybe mobs of Americans surrounding the White
House, Federal Reserve building and Wall Street bank headquarters would
get their attention. It wouldn’t take a majority, but a minority of
angry Americans willing to fight for the future of the country. The
anger is building. More people are becoming aware. The internet is
working its magic, just as it is doing in the Middle East. Those in
control can keep pumping out their lies and propaganda, but the truth is
plain to see, if you open your eyes.
“It does not take the majority to prevail, but rather an irate,
tireless minority, keen on setting brush fire freedom in the minds of
- Samuel Adams

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johnQpublic's picture

peak bull shit nor peak stupidity can be achieved

Herd Redirection Committee's picture

I heard the aliens on that show V are trying to figure out how to destroy the human soul.  Maybe they should send someone down to DC, to see how its done?

Check out the latest from the Capital Research Institute:

What makes Gold money?

The last few weeks the Capital Research Institute has looked at a wide range of issues, from food inflation to unreliable government statistics to different forms of wealth.  Today we look at one of the crucial issues of our time, is gold money?  What is it about gold that makes it arguably THE best choice to serve as money?

Well, before answering that, it would perhaps be wise to do a  quick refresher course on the system currently in place.   The US dollar currently acts as world reserve currency.  This means that the ‘strength’ of the US dollar underpins the entire world economy.  If you want to buy oil, sorry, you have to buy US dollars in order to buy the oil!  And the value of the US dollar is merely a function of how many dollars are in circulation, how much demand is there, and how much faith people still have in the US Government.

Hold on, faith in the US government?  That is one of the components that determines the value of the US dollar?

jus_lite_reading's picture

Uh oh! It's finally gone main stream! Watch out boys!

We've known about this for months now but it wasn't main stream. They're worried.

andybev01's picture

"LITTLE ROCK, Ark. – Jim Sutterfield was briefly puzzled by a thumping sound that seemed to slam the back of his office chair."

Was Bill Clinton around?

jus_lite_reading's picture

Allow me to sum up these charts- "We're fucked!"

Let's get this party started NOW!

Mudflap's picture


"We can evade reality, but we cannot evade the consequences of evading reality."

Ayn Rand

Oh regional Indian's picture

Thanks for the quote. Awesome.


eatthebanksters's picture

similarly, to quote the wise words of an old friend...."you don't need to make your decisions based on reality, but you sure have to live with the consequences!"

Rodent Freikorps's picture

"Reality bats last" for the sports lovers.

Mudflap's picture

I always associate that quote with Coopers book on programming and design, 'The Inmates are Running the Asylum'.  Has a chapter on 'Reality bats last'...

"Engineers are uncomfortable stepping away from their firm foundation of rationality and prefer to cling to their assumed limitations. Because they know that we will eventually confront those constraints, they feel responsible to defend them. They call this "playing devil's advocate." Although I appreciate their concern, the constraints of reality are the one thing that needs no help. Reality never needs an advocate, because it can never be denied. It is always true that reality bats last. Knowing that reality will always get its turn at bat, we know that regardless of what we imagine or design, it will never become real if it is not possible. Only someone without skin in the game would design something unbuildable. What's more, we very often find that constraints are illusory and self-imposed. You cannot see that until you step around them."

It makes a lot of sense to push the reality in the world of designing useful software applications (it's what I do, btw).  I wonder if big ben is implementing a form of this philosophy with the full knowledge that reality will be batting last so it will all work out in the end - i.e., he will get paid regardless...  He's just applying creative design techniques to fiscal policy.  BTFD!

Arkadaba's picture

Well ... if you are banker, it seems you can.

StychoKiller's picture

To hear the Decepticrats tell it, "we must make more 'investments' so that more Americans can find employment -- we shoud worry about the debt after unemployment starts falling.", while the Republicons come up, bitchin' and moanin' about it, with a measly $100Billion in cuts!

To US Govt:  please feel free to help us enjoy the coming Great Implosion that's becoming more and more of a mathematical certainty!

John Law Lives's picture

Scary stuff.

The chances of the FY2112 budget deficit being under $1 Trillion are essentially zero (imo).  There is no chance of every running a balanced budget again in the USSA.


alpds's picture

Here's another good one (by Dead Prez - Propaganda):

and a quote by John Jay (another founding daddy): "People who own the country ought to govern it."

What we do about it that is the question!

NOTW777's picture

tell us something we dont know.  it doesnt take 3-4 pages of charts and graphs to know this admin. is not telling the truth.

mob behavior will solve nothing.

the tea party had great affect with peaceful protests.

alpds's picture

What do you mean by "this admin"? This is how its been since the inception of the union...


James Madison: "The man who is possessed of wealth, who lolls on his sofa or rolls in his carriage, cannot judge the wants or feelings of the day-laborer. The government we mean to erect is intended to last for ages. The landed interest, at present, is prevalent; but in process of time, when we approximate to the states and kingdoms of Europe, — when the number of landholders shall be comparatively small, through the various means of trade and manufactures, will not the landed interest be overbalanced in future elections, and unless wisely provided against, what will become of your government? In England, at this day, if elections were open to all classes of people, the property of landed proprietors would be insecure. An agrarian law would soon take place. If these observations be just, our government ought to secure the permanent interests of the country against innovation. Landholders ought to have a share in the government, to support these invaluable interests, and to balance and check the other. They ought to be so constituted as to protect the minority of the opulent against the majority. The senate, therefore, ought to be this body; and to answer these purposes, they ought to have permanency and stability."


NOTW777's picture

so you equate the current level of lying on a par with our founding fathers???

alpds's picture

Did you even read the quote or ponder its meaning?

Of course, as technology, media and PR industries have evolved the propaganda has risen to much more sophisticated levels. However, the idea of misleading the public for the benefits of "opulent minority" (the elites or ruling class) has been discussed and understood since Enlightenment.

The "founding fathers" were part of the ruling class; at the time, they were some of the wealthiest men in the Nation.

I quoted John Jay earlier in the thread: "The people who own the country ought to govern it." Such views and ideas of founding fathers unsurprisingly are not taught at schools or widely written about. The reality, unfortunately, has not changed. Yes, progress at a very tremendous cost certainly has been made. However, despite this progress, the people who own the country still govern it.

StychoKiller's picture

So, we're NOW better off because welfare bums can vote themselves money from the Treasury?  Check your premises.

alpds's picture

Eloborate please about my premises. I do not know what you mean. Who are the welfare bums?

It seems to me that you are missing the point. Both quotes (by Jay & Madison) clearly indicate the true intention of the founding daddies not the myths we're told: government ruled by opulent minority, not by the people - democracy. Whether we are better off is another debate. My point is that since the inception of the union, the people who have owned the country governed it (as Jay states) for their benefit at the expense of everyone else.

The recent crisis and the Fed are simply making it more apparent for the rest of the population who previously believed that US had a true democracy and that their vote had an impact on political decisions.

Rodent Freikorps's picture

All that ended with the ammendment that made senators elected by the popular vote. Now they are just a bit more wealthy whores.

hardcleareye's picture

"the tea party had great affect with peaceful protests"

I trust you are saying this "tongue in cheek"?

hardcleareye's picture

When I think of "Tea Patriots" this is the scene that comes to mind.  Not values that I share.....

moregoldplease's picture

First of all the guy didn't have Parkinsons. It was a stupid trap which the TEA party did not fall in. You did.

Mr Poopra's picture

 "During times of universal deceit, telling the truth becomes a revolutionary act."  George Orwell


Tyler, this place will become the stuff of legend after the collapse.  What a great privilege to be a part of this community during this incredible time.

Lord Vader's picture

I second that! 


Thank you Tyler

Zero Govt's picture

Yes this will be an historic economic event, indeed historic for the level of social change we will go through. We probably won't recognise ourselves in 5 years and i'm serious about that.

The charts are sad and scary shit but don't we already know we're bankrupt and that our "democratic Govt" is a criminal parasite collective with no fuking interest whatsoever in the best interests of either us or country. 

So here's the line, us and them.

Here's the next line, it is us or them.

We've already passed the first line. When the penny drops, or more accurately when the 'economy drops', we'll cross the second line and then we'll physically go after The Parasite Club in Washington 

StychoKiller's picture

To those same parasites:  "Our work, or Your guns."  Choose one, you cannot have both!

Common_Cents22's picture

look up the lyrics for "cult of personality" by living color and you have Obummer.

palmereldritch's picture

Neon Lights, a Nobel Prize.
Then the mirror speaks, the reflection lies.

Great song.  Awesome guitar hook.

Rodent Freikorps's picture

It is embarrassing to have a dictator who looks like a dick with ears. At least Mussolini looked the part.

CH1's picture

You guys are breaking me up today!

Diogenes's picture

Mussolini looked like a dick with ears, especially from the back. This one looks like "What me worry?" Alfred E Neuman.

alpds's picture

what about founding daddies, JFK, Reagan, and the rest of the scum-bags?



karzai_luver's picture

and Bush and Reagan and CLinton and Summers and Rubin and Dimon and Blankfein and Cheney and Rumsfeld and , oh why bother.



you been had son.


falak pema's picture

Tyler Durden, the Thomas Paine of the new Internet revolution. Will you take a contingent of Lafayettans from Europe/Canada to help you out?


Raise high the roof beams carpenter...the sky's the limit... as the rage becomes front page.

jus_lite_reading's picture

The end result is the same- destruction by a giant asteroid, supervolcanos, solar flares or total financial destruction caused by a greedy, lying, corrupt "elite."



shargash's picture

You lost me on "liberal media." The media isn't liberal, it is Corporatist. If you can't get that, your basic framework for viewing the world is out of touch with reality.

I understand that, if someone is a "conservative," they might view everything they don't like as its opposite (i.e. "liberal"). However, there is endless variation in things you don't like. Seeing those variations is really a prerequisite to informed analysis. In fact, it is what distinguishes informed analysis from partisan blathering.

hardcleareye's picture

After reading many post on ZH, I have come realize that the term "liberal" is not used, as is defined in Websters Dictionary but means "anyone who has a opinion that is contrary to my own that I want to denigrate". 

Dr. Porkchop's picture

The people who throw around the terms; libtard, liberal, repupli-whatever, are people who have yet to extricate themselves of the matrix.


Once you take off the partisan hat, the circulation to the brain returns and you feel great. Then you can start to fight the real enemy.

StychoKiller's picture

Which is why I call "those" people Socialist/Progressives -- there's nothing "liberal" about their machinations.

alpds's picture

Very good point! I strongly recommend Manufacturing Consent: The Political Economy of the Mass Media by Noam Chomsky and Edward S. Herman. References could be easily (most of the time) verified and explored further for deeper context and meaning.

A very good documentary on the book could be viewed here:

and a lecture by NC on the subject:

hit refresh if the links don't seem to work. 

ps: With the tremendous humility and respect I suggest everyone at ZH read the book andview the docy and the lecture.

Power to the people by any means necessary!

alpds's picture

if you junked this, please explain why... 

"me-me-media, misleading ya" ~ NAS, Sly fox (although he gives props to BO at the end, and it pisses me off it is still a great song)

malek's picture

First define "liberal" nowadays, and mention if your personal spec is in line with the public conception of that term (as you see it).