The United States is Bankrupt.
The U.S. Government continues to deny the fact they caused the problem in the first place… supposedly with the best of intentions.
The Federal Reserve is reduced to printing as much money as possible because they believe it is the only tactic which THEY can “save” the entire system.
The public is starting to understand that every time the Federal Reserve prints more money it immediately devalues everything they have saved.
The public is realizing that QE or Quantitative Easing which is this act of printing money that should otherwise not exist is nothing more than taxing all those responsible enough to have put away for their retirement, own their home, own their business etc.
The public is seeing clearly that this tactic is not working. (In fact, it has never worked anywhere in the world.)
There is no growth.
Unemployment is flat… and it’s only that “good” because the numbers a being played with.
The stock market is going up, but only because the rest of the world is terrified at what is going on in their countries so they are putting their money in the U.S. This will stop very soon, once the majority of wealth has been relocated. Then what?
The EPA is taking control of every industry in the United States through existing, and many new, onerous regulations.
Our President Fiddles While The Middle East, Korean Peninsula and Rome Burns…
So… these are the issues we are being told by the press to pay attention to? RIGHT NOW!
Let me ask, does addressing any side on any of these issues solve our current race to fiscal oblivion?
All that should matter to us, at least any of us who love the country as it was founded with Individual Liberty being paramount, are the Four Horsemen of the Fiscal Apocalypse.
1. Social Security
4. And Now… Universal Healthcare
Yet we sit on our hands arguing about Social Issues. Social Issues which will mean nothing when the economy collapses… we suffer food shortages… energy rationing… riots.
The insult we must all confront is an ever-present resistance to spending reductions of any kind. This latest resistance to a mere 5% cut IN THE GROWTH RATE of spending bringing it down to 5% should have brought us all out into the streets. That it did not frightens me the most. But it empowers those in charge.
We are in trouble and those who find it acceptable are desperate to distract all of us from what is important.
If we don’t deal with the Four Horsemen there will be no country left to deal with any imagined social issues.
First things first.
Unless the collapse of the country’s economic system is desirable we are headed the wrong direction… fast. Cloward and Piven will tell you it is and everything is going perfectly.
This is the moment.
It’s happening right in front of you.
It will not become any clearer.
You’re being played…
Just ask the common folks who considered themselves “enlightened democratic socialists” in Europe.
Better stock up on your Port, Chianti and Champagne while you can.