I hope that everyone is having a terrific Mardi Gras!
It seems like 2008 might have been the most painful Ash Wednesday for our country. To many people, 2008 was the joyous year of ascension for the current President of the United States. If you were really attune to the economic crisis and it’s causes (phony mortgage backed securities, mounting debt, creation of fiat currency, China buying up our debt), you would have been experiencing a very painful hangover from some boom years. The Republicans did let corporations run roughshod over markets and made no real regulatory changes. I am inclined to agree with this philosophy. However, the US Treasury continued to pour manufactured currency into fiscal markets. The only problem is that the dollar has no intrinsic value. One dollar is literally worth as much because the US Treasury and Federal Reserve say it is. Our money is backed by China buying our debt.
Focus. It’s not a Gold-Standard anymore. It’s China-is-floating-us-a-huge-loan Standard. This is a loan that the United States Government has absolutely no ability to pay down or pay at. We’re still borrowing to “stimulate” our economy. It’s an absolute disaster. The reason that we are in such a mess is because President Bush could not get Social Security privatized. The Socialist programs that are so lauded by the Left (Social Security, Medicare, Medicaid) are absolutely bankrupting us. Not only are they bankrupting us, they are bankrupting my grandchildren. With interest, we will not be able to pay down these loans. Here’s a quaint little movie to illustrate the point.
What has basically happened through the guise of social justice programs is selling my children and their labors into bondage to a Communist country by America’s Left. Kudos. They’ll get me and mine in the end.
I think I touched on this subject a few posts ago. The Communist conspiracy could not follow the same path in the United States as it did in Russia. We had to be conditioned in the long term to believe that being ruled instead of governed was what being an American was all about. Well, I will not be ruled. I will use this medium like Rick Santelli used CNBC and tell the current Administration, the previous Administration, and Congress that there is no reason for these ineffective Socialist programs. Cut them. If they don’t work, cut them and try again. Nobody can retire off of their Social Security checks anymore and Government run health care is going to be about as efficient as well, Government run anything.
It may sound insensitive, that I’m not thinking about the lives of the poor. That’s horse-shit. I give my personal money, at my direction, to those that I see as being in need, and having the promise to elevate themselves through whichever program I am donating to. I do not need the US Government creating a nanny-state with my tax dollars.
So, what’s my cure for our current hangover? Cut the big entitlement programs. President Obama is going to cut military spending. I think that that will prove to be a mistake in the long-run. I don’t know if Liberals actually have the stomach to fight any war anymore. If a situation like World War II were to happen now, I doubt that President Obama would be leading the charge to stop Hitler. We would “engage in aggressive diplomacy”.
Markets are crashing because they see an end to the Free Market Era. Other changes may be in the wind very soon. I hope that we realize who we are as a people again and we focus on what documents that define the United States of America state. My suggestion to those Liberals (i.e. Communists) who do not like the governing structure, you have five years to attempt to amend it. If it’s not changed to your liking then and you want to live in that Socialist Utopia, no one says that you have to stay. Leave, and try to find that ideal Socialist Utopia. You may be looking for a long time though, and that’s evidence enough for me to come to the conclusion that it doesn’t exist. I also think that by nature of humanity’s self-preservation instincts, it will never exist.
…But thanks for placing my future children and grandchildren into slavery to a Communist Regime. Looks like all that plotting might just pay off.
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