Wednesday, May 8, 2013

Trouble Ahead

Over the years most of what this man has said has turned out to be right.  This time he is telling us that our dollar is on the road to total collapse.  If that happens things will turn bad, really bad for us.  Link is below. 

Consider this quote:  "The net liability of the U.S. government, shared among its citizens, amounts to almost...$1.1 million a head. And the government’s debt is growing at $1 million every 45 seconds. To cover its annual deficit, it is printing $1 trillion a year of currency that is not backed by any asset whatsoever."  And another:  "Behind the closed mahogany doors of the world’s finance houses, elaborate and secret preparations are being made for the upheaval and international financial collapse that will follow the deliberate printing-out and consequent implosion of the dollar."

And why has this calamity fallen upon us?  Because  "The once-mighty United States is now the most indebted nation on Earth. In round numbers, here are just some of the vital statistics as the patient dies:  National debt: $17 trillion, or $50,000 per man, woman and child, or $150,000 per taxpayer. Annual federal deficit: $1 trillion. Medicare/Medicaid/Obama”care”: $1 trillion a year. Social Security: another $1 trillion a year. Defense: two-thirds of a trillion. Unemployment handouts: $2 billion per working day. Debt interest: $1 billion per working day. Federal pensions, ditto."

Who do we have to thank for this?  Our Federal Government (and to some degree our local and state governments).  As the President and his Administration and Congress dally; the Federal Reserve prints funny money; big business/banking rack up their riches; public educators/colleges and universities pour trash into the heads of our children, youth and young adults; and the Media issues forth its sometime filty and usually misleading/dishonest propaganda, our nation slowly dies.  All the while we, the taxpaying public, are listfully footing the bill and letting it all happen.  


Wise guidance we have failed to heed:  Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters.-- Daniel Webster
Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their consciences.-- C. S. Lewis

George Burns

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