|
|
|
Date: March 8, 2009 |
|
Who
Will Pay Off the Catastrophic Debt? |
|
“The American people will never knowingly adopt socialism. But, under
the name of ‘liberalism’, they will adopt every fragment of the socialist
program, until one day Under
the tutelage of the Obama administration, and with in-step Nazi Stormtrooper
collusion of the Democratic Congress, The
Wall Street Journal has coined the phrase, “Obama’s Revolution,” to describe
the leftist assault on Conservatives take a dim view of the regulation-bound,
economically psychotic, socially stagnant, nanny state that is the European
Union, but that’s precisely our direction.
To witness our future, all we
need do is observe the imminent collapse of this incompatible collection of
nation-states, as it self-destructs on a daily basis. When all is said and done, the only unity
they share will be their common currency, the Euro. The Next Great
Depression So
why is the Obama administration screaming, “Chicken Little, the sky is
falling,” by comparing the current economic downfall to the Great
Depression? This is utter nonsense.
There is no comparison whatsoever.
It’s simply good politics to feed to the sheep. The
national unemployment rate at the end of February 2009 was 8.1%, with If Obama succeeds, he’ll be able to pound his chest and claim he nipped another Great Depression in the bud because of massive government intervention. If he fails, he can always claim the sheer decadence of the downfall was too great even for government to correct. BIG Government is
Your Salvation President
Obama and his liberal supporters are spinning tales of how government control
of the economy is in the best interests of American citizens. Paraphrasing
a renowned philosopher, George Santayana, “Those who ignore history are doomed to
repeat it.” The future of
virtually every civilization that has espoused big government and a planned
central economy, including the now defunct |
|
As
one example, most middle class taxpayers can see the dire proof every time
you open your paycheck. 25-40% of your hard earned money is ripped from your
paycheck to pay for the Socialist
Security system, which now has locked in over 50 million Americans (1 in 6),
Medicare, and other programs recently implemented such as the Family Leave
Act by the darling of the liberal establishment, Ted Kennedy. Liberals claim you won’t miss the $1 or $2
removed from your paycheck, but when you add up the deductions for all of
their social welfare programs, you have significantly less money in your
pocket to spend to revitalize the economy.
Government
spending, between the Bush and Obama administrations, has shot up from 34 to
40% of the Gross Domestic Product (GDP) in just the last 10 years. The
Obama administration claims that the Stimulus money will be used to create
2.5 million new jobs. That is NOT
government’s purpose. On top of that, the statement is wild exaggeration. The only solution is for government to
dramatically reduce – not increase - government spending – that in itself
will revitalize the economy. There are
now over 22 million government employees in the country, approximately 11% of
all adults, with millions of private contractors leeching on the
carcass. When you remove the military,
health, police and fire departments from the statistics, a total of perhaps 5
million, we want to know what functions or services do the other 17 million
employees perform?
Ask yourself, have you personally seen an increase in “vital”
services? I don’t know about you, but
all I know is my wallet is near empty.
My personal dealings with these dedicated public servants has made my
blood boil. In many cases, their
indifferent and arrogant manner is understandable considering that it’s
almost impossible to fire them. The
only purpose these employees serve is to play the role of Robin Hood to take
from the rich and give to the poor by redistributing wealth from the “haves”
to the “have nots,” via programs like Socialist Security, Medicare and the frightening new universal
healthcare plan being contemplated by Congress as examples that will
literally break the back of the country.
Liberals tout the experiences of the government controlled and
enormously expensive healthcare systems in I
can predict now that the $600 billion budgeted to implement Obama’s Universal
Healthcare program will very quickly balloon to $2 trillion if for no other
reason the inefficiencies, waste and corruption inherent in government. On a par with Socialist Security, we can safely predict that within a few short years
another 10-15% will be deducted from your paycheck to pay for this failed
experiment. Purportedly, Obama plans
on paying for many of his programs by taxing the rich. Less than 10 years ago, “rich” was defined
as people who made over $1,000,000; then it dropped to $250,000 combined
family income. Don’t be surprised
within 3-4 years if “rich” means anyone making over $75,000. The BIG Picture -
America’s Debt Now
that Big Government plans on spending $3.6 trillion in 2009 on more massive
socialist programs, waste and the ever present “pork,” the federal government
(with $1.75 trillion more in debt in the 2009 budget alone) has exceeded the
$11 trillion threshold in federal debt equivalent to over $35,000 in debt for
every man, woman and child in the country. And that doesn’t even include
the $700 billion in bank bailout money or the $410 billion spending bill
under consideration on the Hill that represents Obama’s spirit of “change”
with 9,286 earmarks (“Pork”) for a total of $12.8 billion covering such
economic stimulating items as $200,000 to remove gang tattoos in California
or $150,000 for a rodeo museum in South Dakota. It’s
nauseating enough witnessing these fatal errors being committed by Court
Jester politicians who have never held a real job or (Heaven forbid) owned a
business, but then we regurgitate while we watch the idiots in Congress jump
up and down making statements like House Speaker Nancy Pelosi’s childish
outburst, “What an exciting day it is
for us.” In case you haven’t heard
the mind boggling statements made by Pelosi, she would have startled Karl
Marx with her radical ideas about redistribution of wealth. |
|
Where
is much of this money going? It’s
being taken away from the citizens who worked hard to achieve an education and
pay their bills on time, to pay for those ignorant citizens who supposedly
need our help in paying for mortgages they could never afford, and to
mainstream companies, major banks and the Big 3 auto makers, who have
demonstrated unparalleled incompetence in running their companies. It’s too late now, but all of the citizens
and companies should have been booted in the ass, and let the chips fall
where they may. Sure, it will be rough
for a while, but at least a lesson would hopefully be learned that there are
consequences for stupid actions, and after a few years the American economy
would have rebounded without incurring massive amounts of debilitating new
debt. Now
we sheep aren’t supposed to give any thought to this issue. We are to believe that Big Government is
much smarter that we are. Sometimes we
have to wonder. As unbelievable
evidence of the stupidity of an exceedingly large percentage of the American
people was evidenced from a poll commissioned by Fox News on Obama and the
Stimulus, when the poll asked the following question, “Where does the government get its money
anyway?”
an evaluation of the response to that question stated, “While 65 percent understand the
government's money is their taxpayer dollars at work, some 24 percent think
the federal government has "plenty of its own money without using
taxpayer dollars." The frightening reality is that we have to assume some of these
people vote. The Real Story What
the media doesn’t tell you is that this $11 trillion amount of debt is barely
the tip of the iceberg. When you take
into account the debt incurred by all government entities including local,
county, state and federal agencies, the total well-documented debt is
somewhere between $45 and $54 trillion,
which frighteningly means every household has an equivalent debt of $450,000. And
yet the professional politicians keep borrowing and spending, or printing
money to cover the enormous gaps. Who
is going to pay back this debt? The
answer is simple. Your children,
grandchildren and great-grandchildren will have no money to spend because
their income will eventually be taxed at the rate of 80-90% to pay the piper,
which more importantly means there will be no money circulating in the
economy destroying American free enterprise as we know it, which is likely
the goal of the liberal class as the ultimate coup de grace. However,
the real world will be quite different when the money finally runs out. An ominous possibility exists that the
country and its economic system will collapse by 2020-2025 with a very real
possibility of armed rebellion and a military dictatorship filling the
void. But we should have no fear for
liberals and Democrats will assure us that Big Brother will take care of all
of your needs. For disgruntled
citizens, can the KGB and the gulag be far behind? As
one of my associates suggested, ten years down the road citizens will be
screaming, “Why didn’t someone tell me
about this?” For
an excellent example of the debt issue, watch this 3-minute video: http://www.youtube.com/watch?v=JCyR7C0r3Dk So What Can We Do? How
can we stop the onslaught of the leftist agenda that will most likely
bankrupt the country, with We’ll
need to employ a few simple ideas to convince the thinking citizens of the
country, especially the middle class taxpayers, that the streets of ·
Everywhere you
go, open a low key dialogue with customers at supermarkets, hair
cutters/barbers, movie theaters and gas stations to educate citizens of the
escalating evil. ·
Talk to your
neighbors. Create handouts on your
home computers so you are prepared to defend your position. ·
Research and
support independent candidates for office who have not yet been poisoned by
the political machines. ·
Join any
political organization that’s dedicated to defeating the liberal agenda. As a very long shot, perhaps if the
Republican Party can ever derive a meaningful platform to defend middle class
taxpayers, they may remotely be a viable choice.
|
