Well the super committee failed to come up with a lousy one trillion dollars in cuts over ten years. Keeping in mind that we already owe at least 15 trillion (and actually a lot more)!
Don't be fooled by the partisan bickering either. Neither Dems nor Repubs want a deal...and neither does Obama. They're all only interested in getting re-elected. The Republicans want to say they held the line on taxes, and the Democrats will say they kept all the health and other giveaways intact.
...And Obammy fiddles while USA/Rome burns!
The USA is not the first, but is arguably the longest true republican form of democracy in history. Did you ever ask yourself why? Because the inherent weakness of this form of government is the partisan bickering that inevitably occurs, followed by bankruptcy (give the people free stuff and they'll vote for you), and eventually chaos, civil war, economic collapse, leading to a dictatorship that rises and restores order. Of course, pesky things like individual freedoms quickly go by the wayside in the name of the restoration of law and order.
Don't say it can't happen here! Two years ago I wrote an article about how the USA could have its debt rating downgraded...and commenters said I was an alarmist nut! Well, we all know I wasn't crazy now, don't we?
Rick
Time is running out fast! Hyperinflation seems unavoidable as fiat paper money
is being printed as fast as the US presses can run. To protect your wealth and
your family, buy gold and silver now from these top companies (below):
CLICK ADS BELOW FOR FREE DISCOUNT!
CLICK ADS BELOW FOR FREE DISCOUNT!
No comments:
Post a Comment