How do politicians lie?

I came across this article that talks about how the politicians lie:

http://finance.yahoo.com/expert/article/economist/225007

and my comments about it may end up being then the article itself so I will post them here.

I am going to list more lies now. My explanations need to be considered in light of the following fact:

Banks create money when we borrow:

http://www.tradingstocks.net/html/banks_create_money.html

QUESTION: Why does the government allow mortgage interest deduction from income tax?
Official Answers:
1. Home owners make good citizens.
2. It is American dream to own your home.
3. This makes homes more affordable.

Let us analyze these answers and make the truth known now:
1. Good citizens are able to afford homes, not other way around.
2. Is it American dream to be slave to your mortgage for 30 years?
3. This does NOT make homes more affordable. It makes homes more expensive. Here is why:

Due to easier borrowing costs, this makes the home prices go higher, because people race with each other to borrow more. At the end, the buyer pays more to the seller. In the process, bankers get a bigger share out of the home sales. What does this mean?? Some percent of the population lives off of commission and interest based financial services and the rest of us have to earn more to sustain THEIR life style. Banks create money out of thin air and give it out as mortgage. They then demand interest for it. Until you pay, bank owns the home, with the money it created out of thin air!

If mortgage was not available, then home prices would be much cheaper. Why? Because you would not have to pay for the lifestyle of a fat cat banker for 30 years!

Greenspan kept the rates lower. Did this make homes affordable? No. Bush wanted affordable housing for all Americans. Did we not get the greatest housing bubble in history? Yes.

The government wants the fat cat bankers to earn a lot of money. Those bankers elect who governs this country with the money they get from usury. Money talks in this democracy. This is why America wants democracy around the world, so that the power of their bankers and capitalist elite can reach all corners of the world. If they ask the politicians, they would say "Democracy is good for the people". It may be. But that is not the reason why they send our soldiers to fight for it.

Why did they allow sub-prime? They allowed sub-prime because if they did not, deflationary would have come sooner. Here is the underlying debt problem that causes deflation:

http://www.tradingstocks.net/html/inflation_deflation_credit_bub.html

For many decades FED made it easy to borrow. This is how US dollar was inflated. When we borrow, banks create money. This new money inflates the money supply. That punishes the savers such that it becomes very hard to buy your home cash down. This is what the FED and the government wants. That is FED targets 2% inflation. Why not target 0%??? 2% is low enough so that you don't rebel, but it is high enough that you cannot save to buy a home! If you were to save to buy your home, bankers would not make money. They would not have a 30 year claim on your earnings!

But they are running a ponzi scheme:

http://www.tradingstocks.net/html/housing_market_bubble_bust_cyc.html

That is because when the entire population owes money to the banks, the money supply is not enough to pay that debt. Thus the borrowing had to increase exponentially in order to pay principal + interest of old debt. They wanted the ponzi scheme to get bigger (too big to fail) and run longer so that their bankers could keep earning interest without creating real value. After we ran out of prime borrowers, they allowed sub-prime. So that more borrowers could be brought to the ponzi scheme. No 20% down was OK so that you could borrow the full amount! Liar loans were OK as long as you were willing to be a "Good Citizen, aka Home Owner". So that the total debt we owe to the banks could get even bigger with higher interest demand! When we ran out of sub-prime borrowers, deflationary crash started.

Then they called it too big to fail! Their bankers were too important to take a pay cut. They allowed Lehman bankruptcy to convince the congress to give them a blank check. And they used tax payer money to replace their lost income. They saved the banks, that are the cause of the entire collapse, at tax payer expense!

In order to sustain their ponzi scheme they now pay 8K home buyer credit essentially hoping that you will borrow to buy a home. This is again at tax payer expense. All of these corrupt practices favor only 1 group of people: The bankers. In order to better our quality of life the first thing we need to do is to shrink the financial sector! Free markets signaled that, but the government was not willing to listen.

Banks are holding us like a hostage of the money supply that they control. They create money at will! And we end up paying for it in good days and in bad days! Who are the banks to create money out of thin air? Who is the FED to print our money?? Why does the United States Treasury borrow from the FED?? Government should belong to the people and people should be able to print their own money!! If money supply is to be expanded via borrowing, interest shall be paid to the people, not this banker or that one!

It is not a coincidence that wall street and these bankers are getting their record bonus in the middle of this depression! All of that pay comes from Joe the plumber, George the computer programmer, Mary the factory worker.

This is a corrupt system. It is bankrupt from the beginning. Banks, by creating check book money out of thin air, are making impossible promises. When these promises come due, tax payer is asked to pay for it! This rotten system is going to crash with a big noise. Prepare for the day of reckoning. Here is why:

http://www.tradingstocks.net/html/prepare_for_market_crash.html