U.S. Government Out To Destroy Middle Class
Former Governor Jesse Ventura slammed
the weak dollar policy as part of a war being waged on the middle class
in America by the U.S. government as the greenback collapsed to an all
time record low against the euro today.
The former Minnesota Governor identified two key factors behind dollar devaluation - the war in Iraq and the ballooning national debt.
"It's the exact two things that I've been harping on for the last 2 months and a half....we must do something about the $9 trillion dollars plus of debt we owe throughout the world," said Ventura, adding that most people in America were unconcerned about the greenback's spectacular plummet.
Asked why the establishment were not going to reverse the destruction of the dollar, Ventura responded, "Because I don't think they really care, they're making their money and they're in their position."
"To me it's clear there is a war on the middle class in America today being waged by our own government - they're out to destroy what was the American dream and the American dream was the middle class, we were the country where you could get a job and you could support your family....that's being extinguished greatly today and it seems our illustrious elected officials don't have a problem with it," said Ventura.
The dollar fell to an all time record low against the euro today on the back of mortgage giants Fannie Mae and Freddie Mac being bailed out by the U.S. government.
The dollar declined to $1.6038 per euro, the lowest since the euro's inception in 1999, and was at $1.6004 as of 11:13 a.m. in London, from $1.5908 in New York yesterday. The greenback also hit a 25-year low versus the Australian dollar.
Watch the full interview with Jesse Ventura below.
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