A Dire Warning
As expected, when our Federal Government continues with reckless spending, confidence in our economy retreats. Within the first 3 days of passing the debt ceiling deal in Washington the stock market lost over 8% of its value and completely lost all of its positive earnings for the year. Gold has surged to break all previous records.
The media aided in the building up of the lie about the debt ceiling. They have been quiet on their support for another deal that would, as obvious to most with any education in basic mathematics, push us further over the economic cliff. The old guard on both sides of the aisle have their fingerprints all over those issues that put our nation in a position of economic collapse: Fannie Mae, Freddy Mac, AIG, GMC, GMAC Bank (now Ally Bank), Hud, Social Security, Medicare, Stimulus, Tarp, NAFTA, GATT, illegal immigration, undeclared wars, unaudited Federal Reserve, Chrysler, supporting unions for votes at the cost of the private sector, Obamacare, inflation, etc. These are just a few items that have had huge effects on driving our economy over the cliff, but it is not nearly all of the problem.
U.S. unfunded liability per taxpayer on 11/18/10 was $1,008,580.00 and as of 8/2/2011 it is $1,027,491.00 per taxpayer, an increase of $19,000.00 in just under 9 months. It is climbing at a rate of more than $2,000.00 per taxpayer per month. Thats $4,000.00 per married couple per month if both are taxpayers. Don’t worry, be happy, you Tea Party extremists.
The lies are already in motion to discount the reason for the economic problems we face Tell me why it costs about $41.00 to buy a U.S. Silver Dollar? Inflation is why, along with the devaluation of our dollar. The government is covering up for the last bit of the looting of our Treasury. That is why they are passing legislation such as what they passed this week. All of this is happening while our President serves his friends $100.00 per pound steak, spends tens of millions of dollars to send his wife on trips to play, and asks his friends to pay $35,000 to attend his birthday party.
Let’s not let Congress off the hook either. Those Senators and Congressmen that have been in office for years are equally guilty. Tell me how if this is a Tea Party problem (as the media and the old guard both republican and democrat accuse) what has Congress (both parties) been doing all these years? This collapse has been in the making for decades and it really didn’t matter which party was in power. The “good cop, bad cop” games that the parties have played with us was bound to expose itself at some point. That point in time is now. Look at your town, the empty storefronts, those you know without jobs, your stocks, your 401k, your wallet, and know that this is not some passing issue that will disappear because you want it to.
I am not sure we can fix this problem, or in reality a problem we are willing to fix as a nation. I am hoping that we can just get our hands out in front of us to break our fall. Washington and the media are lying to us and if we believe them we will fall flat on our faces. These are the ones that are really responsible in many ways for this fall, their continued lying to America is unforgivable. Mitch McConnell and Harry Reid, Pelosi and Boehner — who do you really believe has done his or her job for America in the last 10 years?
Our freshmen were sent to DC to stand up to these people and lead, not to follow. The issues we are facing as a nation are immediate and with the direction our government is still headed we may not survive as a nation if we don’t find our spines and stand up for what we know in our hearts and minds is right for America.