We're not the only ones that seem to be aware of the fact that the so-called 'debt ceiling' is nothing more than an elaborate hoax perpetrated on the people of the United States of America. Sure, the United States Treasury could print more money, but that would lead to 'hyper-inflation' and, who wants that? Or, we could just borrow and borrow and borrow and have our great-great-great grandchildren pay for it, or, as some would desire, let the whole of the economy crash like a house of cards.
Many financial analysts have predicted, with great accuracy, that the United States could not sustain the amount of debt it carried without someday crashing and burning. In the book "The Coming Economic Earthquake" Larry Burkett said, "Perhaps the most significant economic change of the second half of the twentieth century was the discovery of instant prosperity (called credit) by millions of American families. Since the Great Depression, most Americans had been weaned from the use of credit: some because of bitter memories, other because the bankers simply knew better than to lend money to people who could ill-afford it. Credit was available during the fifties but was limited primarily to home mortgages and some short-term car loans. During the sixties, loans for almost everything - from college tuition to television sets - burst onto the scene. The federal government, after running budget surpluses during the Eisenhower administration, began its disastrous experiment with massive entitlement programs. If the Kennedy era could be called "the space explosion," the Johnson era must be dubbed "the deficit explosion."
He goes on shortly after that and gives and example. "In the early sixties, average-income families paid about 7 percent of their income in direct taxes. They also spent 15 percent of their disposable income on interest payments (primarily home mortgages). By 1969 they were paying 14 percent of their incomes in taxes and spending 22 percent on interest. The amount were still manageable but growing faster than incomes." It goes on and describes more about the economy in the 1970's and beyond. ('The Coming Economic Earthquake" by Larry Burkett).
At what point do we just say, "ENOUGH!" and tell our elected officials we have 'had it' with their spending. We don't have a 'debt ceiling' crisis as much as we have a complete and out of control SPENDING CRISIS by our elected officials on everything from $600 dollar toilet seats to $1000 dollar hammers. It quite understandable that we have to pay for Medicaid/Medicare, the retirees, the disabled, and those types of people, but, it is also apparent that we must eliminate the very ones that are on Welfare and the like. Why should we eliminate programs like that? Because those are the very programs that foreigners and illegal aliens take advantage of when they come here.
Our identity as a nation relies on our ability to be able to not only help those in need but also our ability to pay for programs to help those in need. The solutions are simple. First, eliminate all programs that have doubled or triple, or sometimes quadrupled, in cost. Second, demand that ALL of the elected officials get a Balanced Budget Amendment in the terms they have. And, third, TERM LIMITS. If those elected officials cannot come up with a balanced budget, not only do they NOT get paid, they also will NOT get any 'retirement' when they leave office. There's more departments to cut and slash, making it much easier to 'streamline' all departments run more efficiently and effectively. It's really simple; STOP THE SPENDING on NEEDLESS stuff. Also, if two or more departments are doing the same thing, consolidate them, allowing for redundancy. Two other ways to save and stop the spending. A) Combine ALL MILITARY into one organization. B) Combine ALL LAW ENFORCEMENT into one organization. Who will oversee these organizations? The State's Governors. Does that sound too bold of a move, or Socialistic? Well, regardless, something has to be done to not only get this country back to the principles we started with but to also free the people from the tyranny that this current administration has created. We cannot be a despotic nation.
The enemy of the people is the State. The people are the deciders in all this. If the State cannot decide, or have decided, WE THE PEOPLE must, and will, decide to defend our liberties and freedoms from the tyrannical few that control the house of the people in the nations capital. It is time to wake up, stand up and do what we must do.
Comments? Reply here. Questions? You can always email me. Email: FreeAmericaRadio@usa.com
(c) 2011 Liberty and Freedom Network
(c) 2011 Rev. Wayne S Pierce
Friday, July 29, 2011
Thursday, July 21, 2011
The United States of America is Digging a Deeper Hole
From Greg Hunter's USAWatchDog.com, he quoted a friend of his, Jim Sinclair, as saying,
“You must realize that the economic and political damage is already done. You must realize that the mountain of OTC derivative paper is not going away. . . . You must realize that this means the mountain of OTC derivative weapons of mass financial destruction can only grow. . . .You must realize that it is not whether or not QE will continue, it is what it already has done to the Western economies that much higher gold prices will reflect. . . .You must realize the monumental change in the Middle East is NOT positive for the West in any manner, shape or form. . . . You must realize that it is the currency that breaks, not the country.” Here's the entire quote from Jim Sinclair.
What this country is going through is a complete and utter 'transformation'. This is exactly what Senator, and now President, Barack Obama wanted. A 'fundamental transformation' of this country. He talked to 'Joe the Plumber', the everyday guy that actually asked him an honest question about what he would do. Well, in the typical Socialist/Fascist answer, then Senator Obama said, in general, that he would have to 'spread the wealth around'. This is inherent with Socialists. Frankly, the Socialist I know are more apt to cater to Communism and Fascism than to a political philosophy of a government of, by and for the people. The definitions of that have changed over the years and we are now in the midst of that 'fundamental transformation' the now President Obama wanted. He has driven this country from a free capitalistic society into a Marxist-type government. Don't believe it? The naive never believe the truth, backed by facts, and that's why they're still 'asleep'.
Even the 'mainstream media', as Liberally biased as they are, notice how 'in the hole' we are. The following is from CNBC.
"This is not some far-fetched assessment of the U.S. economy because at least one Fed banker is also sounding alarm bells. CNBC reported last week, “The United States is on a fiscal path towards insolvency and policymakers are at a ‘tipping point,’ a Federal Reserve official said on Tuesday. ‘If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,’ Dallas Federal Reserve Bank President Richard Fisher said in a question and answer session after delivering a speech at the University of Frankfurt.” " (get the full article here)
We are digging ourselves into a deeper hole. The country has already defaulted on its financial obligations with other countries that have loaned us money, bought our bonds, etc. and we are putting them in a difficult situation as well. Greece has defaulted, or will. Ireland has defaulted, or will. Iceland has totally rebelled against their banker bosses and told them where to go. We should do that here. Unfortunately, we don't have the guts to stand up to those 'bullies in the schoolyard'.
It's only a matter of time before we are hauled off to a FEMA Camp somewhere. It's only a matter of time before we're working for the Chinese (there was a video that was leaked to YouTube where a Chinese leader was telling everyone in his audience that we'd be working for them).
With body scanners being updated, put into bus stations and malls, 'security officials' in parking lots 'needing' to search your car, etc. is all a result of the devaluation of our currency and the infusion of 'monopoly money' (derivatives) and will result in the further elimination and eradication of our rights. We must take a stand now.
Believe me or not, that's your choice. YOU are only responsible for you and your family. Forget your neighborhood, your friends, etc. and let them fend for themselves. You can only save yourself and those that you care about. Let our tyrannical government haul you off to a FEMA Camp somewhere and separate you and your children and whoever came with you. YOU are only responsible for YOU. And, if you continue to believe that, your welfare checks and you Social Security checks and your Disability checks will be taken from you and you'll be out in the streets. Sarcasm aside, if don't believe that? Do the research.
Next: Worst Case Scenario: Part II: Default to Despot
“You must realize that the economic and political damage is already done. You must realize that the mountain of OTC derivative paper is not going away. . . . You must realize that this means the mountain of OTC derivative weapons of mass financial destruction can only grow. . . .You must realize that it is not whether or not QE will continue, it is what it already has done to the Western economies that much higher gold prices will reflect. . . .You must realize the monumental change in the Middle East is NOT positive for the West in any manner, shape or form. . . . You must realize that it is the currency that breaks, not the country.” Here's the entire quote from Jim Sinclair.
What this country is going through is a complete and utter 'transformation'. This is exactly what Senator, and now President, Barack Obama wanted. A 'fundamental transformation' of this country. He talked to 'Joe the Plumber', the everyday guy that actually asked him an honest question about what he would do. Well, in the typical Socialist/Fascist answer, then Senator Obama said, in general, that he would have to 'spread the wealth around'. This is inherent with Socialists. Frankly, the Socialist I know are more apt to cater to Communism and Fascism than to a political philosophy of a government of, by and for the people. The definitions of that have changed over the years and we are now in the midst of that 'fundamental transformation' the now President Obama wanted. He has driven this country from a free capitalistic society into a Marxist-type government. Don't believe it? The naive never believe the truth, backed by facts, and that's why they're still 'asleep'.
Even the 'mainstream media', as Liberally biased as they are, notice how 'in the hole' we are. The following is from CNBC.
"This is not some far-fetched assessment of the U.S. economy because at least one Fed banker is also sounding alarm bells. CNBC reported last week, “The United States is on a fiscal path towards insolvency and policymakers are at a ‘tipping point,’ a Federal Reserve official said on Tuesday. ‘If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,’ Dallas Federal Reserve Bank President Richard Fisher said in a question and answer session after delivering a speech at the University of Frankfurt.” " (get the full article here)
We are digging ourselves into a deeper hole. The country has already defaulted on its financial obligations with other countries that have loaned us money, bought our bonds, etc. and we are putting them in a difficult situation as well. Greece has defaulted, or will. Ireland has defaulted, or will. Iceland has totally rebelled against their banker bosses and told them where to go. We should do that here. Unfortunately, we don't have the guts to stand up to those 'bullies in the schoolyard'.
It's only a matter of time before we are hauled off to a FEMA Camp somewhere. It's only a matter of time before we're working for the Chinese (there was a video that was leaked to YouTube where a Chinese leader was telling everyone in his audience that we'd be working for them).
With body scanners being updated, put into bus stations and malls, 'security officials' in parking lots 'needing' to search your car, etc. is all a result of the devaluation of our currency and the infusion of 'monopoly money' (derivatives) and will result in the further elimination and eradication of our rights. We must take a stand now.
Believe me or not, that's your choice. YOU are only responsible for you and your family. Forget your neighborhood, your friends, etc. and let them fend for themselves. You can only save yourself and those that you care about. Let our tyrannical government haul you off to a FEMA Camp somewhere and separate you and your children and whoever came with you. YOU are only responsible for YOU. And, if you continue to believe that, your welfare checks and you Social Security checks and your Disability checks will be taken from you and you'll be out in the streets. Sarcasm aside, if don't believe that? Do the research.
Next: Worst Case Scenario: Part II: Default to Despot
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