I remember the good old days, back when Noriega and Ortega were the bad guys. Ah, those halcyon days when the US feral gummint illegally sold drugs to buy illegal arms to give illegally to revolutionaries. Remember those days?
When the US ferals would illegally invade sovereign nations, catch their lackey in a week of two, then illegally extradite them to stand trial in illegal court proceedings. Those were the days, my friend.
Those were fine days, indeed, when people wrung their hands and cried out to Heaven, "Is this another Vietnam?" If the military so much as bivouaced at Camp David, there were protests and placards, chants and chagrin. The nation held its breath and fretted every shot fired.
Now?
Who gives a shit? Bomb those countries into oblivion! Don't worry about remanding the bad guy to trial. Slaughter him in the most inglorious way possible, dump his corpse in the sea and wipe out his family while you're at it. No frets or worries or national soul-searching. Just kill, kill, kill.
If the nation gets bogged down in a sand-trap, who cares? Just send more money, men and machines! Rack up the costs and let our great-great-grandchildren worry about it. Damn the drones! Full speed ahead!
No protests. No gut-wrenching empathy for the millions of women, children and old folk slaughtered by the glorious robot killers. Only a minor peep from an invisible Congressman about impeachment. The UN and World Court sit around playing cards and picking their teeth as international law gets shredded after a thousand years of painful development.
Entire nations reduced to rubble, and millions of lives reduced to a line-item cost. It's the exact same attitude as a corporation ticking up ad costs. How much did it cost for each kill? What resources were used and what's the replacement cost for that family of five that was blown to DNA samples? Don't need to arrest and bring to trial, it will only remind people that the ones behind this fiasco are the ones who need to be tried and imprisoned.
Bin Laden is dead? Dance in the streets! Qadafi is dead? Party time! Brings the boys home? Hell NO! There's still 187 coutries left to bomb into dust!
Meanwhile, the supercilious OWS sit on their haunches bitching about foreclosed houses, while 6,000 miles away, a man holds the three left fingers of his beautiful 5-year-old daughter. It was all he could find after searching the rubble of the house his grandfather built with his bare hands. Enjoy that steak dinner, boys, you earned it building all those bombs and sacrificing your children!
Message to the OWS...take out your PodBerries and look up the 'Bonus Army'. See what would happen to you if you were really effective. See what Eisenhauer and Patton did to those men who protested the feral gummint in the midst of the First Depression. It happened once, it will happen again.
It's no wonder the US has become a nation of pill-popping, psychotropic sucking, zombies. They can't live with their consciences. Remember what that is? It's the little voice in your head that tells you, you are doing something wrong. Got it surrounded with Xanax, do you? Maybe that's why so many people on anti-depressants commit suicide. The conscience eventually wins.
Guess what, America? The country is getting flushed down the toilet of history because you are mortgaging your future to kill innocent people and people who have done nothing to threaten you, much less harm you.
The death of Qadafi, if it's not just more psy-op propagandizing, absolutely disgusts me. I want to throw up. The whole damn thing is so sick, so twisted, that I am at a loss for words, even with six dictionaries, three thesauruses, and 14 languages at my command.
I lost my family and everything I ever owned fighting those evil bastards. I didn't protest. I went straight at them in court. I eventually left the country in disgust, kicking the dust from my feet at LAX. And all I can see from here is a bunch of drug-addled waste-oids who can't muster the guts to defend their neighbor's house from the banksters, much less mount a menaingful protest against them after the fact.
Wake up, America! It's almost too late. Get off your TeeVee-addicted asses and look around you. Your gummint is laying waste to the world in its desperate bid to cling to some imaginary glory days. It's all a dream, and a particularly nasty one at that. You are nothing but a bunch of corporatized, mind-controlled slaves! Your weak and laughable protests mean absolutely nothing to the people that own you. They can wait you out. They have all your money. They have all your stuff. They have your children and they're blowing them up for laughs.
For God's sake, people, wake the hell up before your owners destroy the entire Earth in your name!
But, what do you care, right? It's just brown people and muslims. They have no value. Just a line-item in the national budget. I ask you, who is more worthless? The one you kill by remote? Or the one who allows it to be done in his name?
The day is coming. Eventually, the feral gummint will piss off the wrong people, or at least enough of them, and it will come back, hard and fast. And you know what? No one will morn your loss. The world will feel justified for having rid itself of a vicious monster that kills and destroys without remorse or reserve. You will wail and gnash your teeth and cry out in agony as you hold pieces of your loved ones in your cracked and bleeding hands. No one will hear you, because you heard no one. No one will feel your suffereing, because you felt none. No one will care, becaue you didn't.
It's not a matter of if, it's a matter of when. I'm out here in the real world, and I can tell you with each new assassination, each new invasion, each new atrocity, the world loses a little more empathy. The thing about bullies is that everyone fears them until they have nothing left to lose, then they attack the bully en masse. It's already happening and you don't see it. I suppose that steak is piled too high to see the evil that has been done in your name.
It's five minutes to midnight, America. Where will you be when the music stops?
The place to protest is not on Wall Street. Those insensitive louts are laughing at you. The place to protest is at your neighbor's door when the banksters come to repo the house and car. The place to protest is at the bankruptcy courts. The place to protest is in your city hall and at your sheriff's office. You're not going to change a damn thing sitting on your ass in a park practicing group-think.
Oops! It's now four minutes to midnight...
Showing posts with label national debt. Show all posts
Showing posts with label national debt. Show all posts
21.10.11
28.2.11
The Vultures Are Circling
Reader Note: Over the next couple of weeks, we will be traveling quite a bit, so please forgive us if the updates get a little spotty. We will, however, be bringing you reports on various cities around Indonesia, including Medan (Sumatra) and Denpasar (Bali). Thanks for your understanding.
Indonesia is one hot property right now. There is a huge interest in investing here. The economy is red-hot and foreign capital is pouring in. In fact, there is so much coming in, that the foreign investors are putting heavy pressure on the Bank Indonesia (central bank) to adjust its policies to make them happy.
There are a number of reasons for this. Indonesia is next door to China, which, unless you've been under a rock for the last 10 years, has become at least the second largest, if not the largest economy in the world. China, because of its own meteoric growth, has been sucking up resources globally like a black hole eats stars.
Indonesia has a vast natural wealth that the world has been happy to exploit for centuries. Not only does the land support a rich agricultural sector, but the country is rich in gold, coal, oil, nickel, iron, silver, sulphur, rare earths, and dozens of other commodities. The massive rain forests here used to provide tons of lumber from mahogany and teak, though so much was stripped out in the 1950s that they are desperately trying to protect the fraction of old-growth forests, and the vast number of rare species of beasts that live here.
One of the primary resources making money right now is coal. Used both for energy and for things like coke for concrete, nearly every Asian country is competing to lock up a 20 or 30 year supply. Additionally, the recent floods and disasters in Australia have put Indonesia's nearest competitor out of business, at least for the time being. Thus, demand and prices have shot up.
Another hot interest here is Indonesia's own growth. Because the country is making so much money, and because the wealth, at least ostensibly, is filtering down to the common folks (finally), there is big demand for power, roads, shipping infrastructure, and all the related building that goes with it. In Jakarta, the boom has brought with it a massive influx of people to the capital. This has strained the existing infrastructure to the breaking point. Even in the three years I've been here, I have witnessed the traffic go from bad to nighmare.
Two abortive attempts to build a monorail have left pylons standing unused around certain parts of the city. The bus system is pushing overcapacity, with some routes almost unusuable due to waiting times and crowding. There's a plan to install an MRT with the first line scheduled to open in 2014, but by then the city may be completely impassable, assuming that graft and corruption don't kill the project like the monorail.
Because the country refuses to automate anything, good for labor bad for mobility, the tolls roads that lace Jakarta and surrounding areas, are at virtual stand-stills during rush hour, which for intents and purposes, is daylight hours. Combined with Indonesian's disdain for traffic laws, the whole system teeters on collapse.
For all these reasons, the vulture captialists are circling the country, waiting to pick off unsuspecting prey. If you are not familiar with vulture capitalism, then you really need to read John Perkin's book, "Confessions of an Economic Hitman."
The basic modus operendi is to swoop in to developing countries in desperate need of infrastructure, offer massive loans to build power plants and industries that really do nothing to put folks to work, but seem like good deals at the time. Later, as the country's economy begins to cool off, folks find that a few corrupt individuals have made off with all the dough and left the country with a crushing debt.
At that point, everyone is convinced by a few talking heads that the debt must be restructured, which really just increases the burden, thus making everyone a slave to their jobs and houses just to survive.
The only way out is the same one that home-owners in America haven't yet figured out en masse, if they can't produce a contract, you don't owe the debt. The people are carefully groomed so that it never occurs to them that they never incurred the debt, or the original contract holder no longer holds the paper, having sold it off four or five times over. So, in fact, there is no debt. But no one ever figures that out.
That's part of the reason the democracy movement is so important. See, if the people think they elect representatives, who then incur a massive national debt, then the people think they actually owe it because the voted for the scumbags. In steps George Soros, et al., to push democracy, which is a huge scam of perportions so vast that no one thinks it can be a scam because of the sheer size of it.
In fact, it is the root of all this crowing about 'democratic' revolutions. See, it there is a king, a dictator or a select few oligarchs, then the people can overthrow them and repudiate any debt as being the sole responsiblity of the few or one who are thrown out. But, if the leaders are 'democratically' elected, then the banksters can claim that the debt is owed by the entire population, thus we must all cling to our jobs in order to survive, or the banksters will reclaim everything we owe. Keeps us little people in line, right?
The Middle East is one of the few remaining strongholds of monachs and dictators. South America has already been tamed, though Equador is a fine example of the people telling the banksters to go jump off a cliff and taking control of their country. At any rate, the Middle East is being cleansed of autocratic rulers so that they can be effectively enslaved by the banksters, who hate sovereign individuals, sound money and especially sharia banking (interest free). It is the compounding interest that eventually enslaves the populations under a crushing debt that can't be paid.
Bottom line, I hope that Indonesia doesn't cave to these blood-sucking bastards. I hope that it continues it long tradition of 'just deal with it,' and so doesn't slide down the road of borrowing to build that has captured the people of so many nations, including my own. With so many billions of dollars flowing into this country, and the constant temptation and barrage of marketing, it's hard to say who will win. If I had my way, I would pass out copies of Perkin's book and show people what to watch out for.
We shall see.
Every day, I battle amazing hordes of cars and motorcycles, trying to get from one end of the city to other on time. In moments of weakness, I actually wish that something could be done, but then I remember that the cost is more than most will bear, if they know it up-front.
So, for now, I suffer. And Indonesians, who are notorious for just tolerating the uncomfortable because the effort to change it is even more repulsive. With the ingenuity and creativity evident in this country, there is no doubt that home-grown solutions can be found that don't involve vulture capitalists. Let's just hope the impulse for the simple short-term solution doesn't overcome the current devil-may-care attitude.
There's something to be said for controlled anarchy.
Indonesia is one hot property right now. There is a huge interest in investing here. The economy is red-hot and foreign capital is pouring in. In fact, there is so much coming in, that the foreign investors are putting heavy pressure on the Bank Indonesia (central bank) to adjust its policies to make them happy.
There are a number of reasons for this. Indonesia is next door to China, which, unless you've been under a rock for the last 10 years, has become at least the second largest, if not the largest economy in the world. China, because of its own meteoric growth, has been sucking up resources globally like a black hole eats stars.
Indonesia has a vast natural wealth that the world has been happy to exploit for centuries. Not only does the land support a rich agricultural sector, but the country is rich in gold, coal, oil, nickel, iron, silver, sulphur, rare earths, and dozens of other commodities. The massive rain forests here used to provide tons of lumber from mahogany and teak, though so much was stripped out in the 1950s that they are desperately trying to protect the fraction of old-growth forests, and the vast number of rare species of beasts that live here.
One of the primary resources making money right now is coal. Used both for energy and for things like coke for concrete, nearly every Asian country is competing to lock up a 20 or 30 year supply. Additionally, the recent floods and disasters in Australia have put Indonesia's nearest competitor out of business, at least for the time being. Thus, demand and prices have shot up.
Another hot interest here is Indonesia's own growth. Because the country is making so much money, and because the wealth, at least ostensibly, is filtering down to the common folks (finally), there is big demand for power, roads, shipping infrastructure, and all the related building that goes with it. In Jakarta, the boom has brought with it a massive influx of people to the capital. This has strained the existing infrastructure to the breaking point. Even in the three years I've been here, I have witnessed the traffic go from bad to nighmare.
Two abortive attempts to build a monorail have left pylons standing unused around certain parts of the city. The bus system is pushing overcapacity, with some routes almost unusuable due to waiting times and crowding. There's a plan to install an MRT with the first line scheduled to open in 2014, but by then the city may be completely impassable, assuming that graft and corruption don't kill the project like the monorail.
Because the country refuses to automate anything, good for labor bad for mobility, the tolls roads that lace Jakarta and surrounding areas, are at virtual stand-stills during rush hour, which for intents and purposes, is daylight hours. Combined with Indonesian's disdain for traffic laws, the whole system teeters on collapse.
For all these reasons, the vulture captialists are circling the country, waiting to pick off unsuspecting prey. If you are not familiar with vulture capitalism, then you really need to read John Perkin's book, "Confessions of an Economic Hitman."
The basic modus operendi is to swoop in to developing countries in desperate need of infrastructure, offer massive loans to build power plants and industries that really do nothing to put folks to work, but seem like good deals at the time. Later, as the country's economy begins to cool off, folks find that a few corrupt individuals have made off with all the dough and left the country with a crushing debt.
At that point, everyone is convinced by a few talking heads that the debt must be restructured, which really just increases the burden, thus making everyone a slave to their jobs and houses just to survive.
The only way out is the same one that home-owners in America haven't yet figured out en masse, if they can't produce a contract, you don't owe the debt. The people are carefully groomed so that it never occurs to them that they never incurred the debt, or the original contract holder no longer holds the paper, having sold it off four or five times over. So, in fact, there is no debt. But no one ever figures that out.
That's part of the reason the democracy movement is so important. See, if the people think they elect representatives, who then incur a massive national debt, then the people think they actually owe it because the voted for the scumbags. In steps George Soros, et al., to push democracy, which is a huge scam of perportions so vast that no one thinks it can be a scam because of the sheer size of it.
In fact, it is the root of all this crowing about 'democratic' revolutions. See, it there is a king, a dictator or a select few oligarchs, then the people can overthrow them and repudiate any debt as being the sole responsiblity of the few or one who are thrown out. But, if the leaders are 'democratically' elected, then the banksters can claim that the debt is owed by the entire population, thus we must all cling to our jobs in order to survive, or the banksters will reclaim everything we owe. Keeps us little people in line, right?
The Middle East is one of the few remaining strongholds of monachs and dictators. South America has already been tamed, though Equador is a fine example of the people telling the banksters to go jump off a cliff and taking control of their country. At any rate, the Middle East is being cleansed of autocratic rulers so that they can be effectively enslaved by the banksters, who hate sovereign individuals, sound money and especially sharia banking (interest free). It is the compounding interest that eventually enslaves the populations under a crushing debt that can't be paid.
Bottom line, I hope that Indonesia doesn't cave to these blood-sucking bastards. I hope that it continues it long tradition of 'just deal with it,' and so doesn't slide down the road of borrowing to build that has captured the people of so many nations, including my own. With so many billions of dollars flowing into this country, and the constant temptation and barrage of marketing, it's hard to say who will win. If I had my way, I would pass out copies of Perkin's book and show people what to watch out for.
We shall see.
Every day, I battle amazing hordes of cars and motorcycles, trying to get from one end of the city to other on time. In moments of weakness, I actually wish that something could be done, but then I remember that the cost is more than most will bear, if they know it up-front.
So, for now, I suffer. And Indonesians, who are notorious for just tolerating the uncomfortable because the effort to change it is even more repulsive. With the ingenuity and creativity evident in this country, there is no doubt that home-grown solutions can be found that don't involve vulture capitalists. Let's just hope the impulse for the simple short-term solution doesn't overcome the current devil-may-care attitude.
There's something to be said for controlled anarchy.
17.2.11
American Idle
It's official. America is now bankrupt. There can be no equivocation or hem-haws about it. The country now owes its entire annual output of all goods and services from all people and machines and factories to the banksters.
On top of that, Obama has the audasity to submit a $3.6 TRILLION federal budget for the coming year, beginning in September. Hey BUDDY! There probably won't be a country to run come September!
Let's see here...300 million people, divided into 3.6 trillion dollars, comes out to $12,000 per person, working or not, or just sucking up resources as a government employee. In other words, Banny wants HALF of the average working American's annual income to run the federal government for ONE FREAKIN' YEAR!
Quick! Run to the kitchen, grab a glass and fill it with sodium fluoride sludge and slam it! Because any red-blooded, thinking, non-pacified human being would be outraged, not to mention scared to death, just about now.
Over on the US Debt Clock, which is a sobering site to see, we notice that the entire unfunded liabilities of the US federal government is over $112 TRILLION! Let that sink in for a minute. According to their calculations, which on a bad day are bound to be better than my best days, the average American is on the hook for over ONE MILLION DOLLARS.
According to the Census Bureau, the average American (that works) can expect to earn a little over $1 million in their LIFETIME.
So, to sum up a bit, the US National Debt is now equal to the sum total output of the nation's economy in one year, PLUS folks are on the hook for another million or so to fund Social Security, Welfare, Medicare/Medicaid, etc.
As far as I can tell, and I'm no economist, but it looks like there is absolutely no wealth left in America. It's all officially debt, and you and I don't have a gnat's ass of a chance to get out of hock, at least through the end of our kids' lifetimes.
Do you feel an Egyptian night out coming on yet? No? Then let's keep going shall we?
About a dozen states are on the ropes, financially. Forclosures are running at record highs with more and more folks getting upside-down on their mortgages. Jobs are vanishing and the Bone-heads in CONgress hear from the Fed Chairman that they won't be coming back, at least any time soon. Food and energy prices are soaring with nothing but more bad news on that front. And there's a couple of wars, with more in the wings, to pay for, as well.
There is no way this is sustainable. You can stick your head in the ground. You can deny and obfuscate. You can rant and rave about 'America, love it of leave it.' You can't change the debt. Piles, mounds, scads, and oodles of debt.
The only way to pay it off is to print more money, which since that's controlled by a private corporation, the money would have to be borrowed to pay the debt, which is akin to getting a new credit card to roll over your old ones. And that's all fine and good for some amount of time (granted it's gone on for YEARS now), but at some point, debt must be paid of repudiated. When that time comes, there will be hell to pay, one way or another.
It will either cause massive inflation, as in Zimbabwe or Argentina, or it will cause depression, the likes of which would make the former Great Depression look like fun. The only other option is that every man, woman and child work for one year without pay, so that the debt can be brought down to something more reasonable, which is unreasonable.
Sure, you can say, "It can't happen here! This is America!" Yeah, they said that in Rome, they said it just before the fall of the Byzantine Empire, they said it before the fall of the Austro-Hungarian Empire. It all goes away at some point. Empires are unsustainable.
Eventually, all empires must expend so many resorces, to project power to maintain the level of fear necessary to hold empires together, that they crumble under the weight of their own glory. What normally happens is that empires face challenges on multiple fronts, and so must split their energy. This process leaves the core unprotected and vulnerable. It then only takes the flick of a finger and the whole thing collapes overnight.
Citizens of the USSR went to bed one night in one country, and woke up the next day in another. It's that fast. The Visigoths and Vandals sacked Rome in a week. Oh sure, people spoke Latin for another 1,750 years, but the empire was long gone by the time the language died. Egypt changed in 18 days. Tunisia took even less time to crumble.
It's going to happen to America. I know that's really hard to comprehend, but the empire will die and something else will replace it. It will happen, whether you like it or not. The writing is on the wall, or at least on the balance sheet. The country has dug itself a massive grave in the ground of debt. ONE MILLION DOLLARS PER MAN, WOMAN AND CHILD.
There's no way out of it.
Already, the Vandals are at the gate (Chinese). America's bonds are losing their investment grade status, while countries like Indonesia are about to gain that status. The vultures are circling waiting to pick up the juicy bits before the carcass gets full of maggots.
Can't happen, you say? It already is.
A $3.5 trillion federal budget is a dream. It can't happen. You are looking at the end of empire in that one bill. Lopping off a hundred billion here and there, as the Tea Partiers are singing about doesn't even begin to solve the problem. There's no wealth left. There's nothing to pay for it. Even Ron Paul can't pull this crate out of its death spin.
I could be wrong, but I'm usually not. I've read enough history, studied enough economics and pondered the trends to great length. Short of discovering an asteroid made of gold and bringing it home tomorrow, there's no solution but to dissolve the federal government, repudiate the debt and let the States fend for themselves.
The odds favor the prepared mind. The time for preparing is fast fading in the rearview mirror.
To borrow another metaphor, the king is in check and there's only one move left. But after that move, it's checkmate. From out here, we can see the whole board, and it looks pretty grim. From what I can see, the only move remaining is to seceed from the Union, and the free States form a new order of things. It won't solve the problems, but it will sure slow the impact a little.
And thos corporations that are going transnational? They're just the rats jumping ship. The wise boater will follow them while there's still lifevests available.
On top of that, Obama has the audasity to submit a $3.6 TRILLION federal budget for the coming year, beginning in September. Hey BUDDY! There probably won't be a country to run come September!
Let's see here...300 million people, divided into 3.6 trillion dollars, comes out to $12,000 per person, working or not, or just sucking up resources as a government employee. In other words, Banny wants HALF of the average working American's annual income to run the federal government for ONE FREAKIN' YEAR!
Quick! Run to the kitchen, grab a glass and fill it with sodium fluoride sludge and slam it! Because any red-blooded, thinking, non-pacified human being would be outraged, not to mention scared to death, just about now.
Over on the US Debt Clock, which is a sobering site to see, we notice that the entire unfunded liabilities of the US federal government is over $112 TRILLION! Let that sink in for a minute. According to their calculations, which on a bad day are bound to be better than my best days, the average American is on the hook for over ONE MILLION DOLLARS.
According to the Census Bureau, the average American (that works) can expect to earn a little over $1 million in their LIFETIME.
So, to sum up a bit, the US National Debt is now equal to the sum total output of the nation's economy in one year, PLUS folks are on the hook for another million or so to fund Social Security, Welfare, Medicare/Medicaid, etc.
As far as I can tell, and I'm no economist, but it looks like there is absolutely no wealth left in America. It's all officially debt, and you and I don't have a gnat's ass of a chance to get out of hock, at least through the end of our kids' lifetimes.
Do you feel an Egyptian night out coming on yet? No? Then let's keep going shall we?
About a dozen states are on the ropes, financially. Forclosures are running at record highs with more and more folks getting upside-down on their mortgages. Jobs are vanishing and the Bone-heads in CONgress hear from the Fed Chairman that they won't be coming back, at least any time soon. Food and energy prices are soaring with nothing but more bad news on that front. And there's a couple of wars, with more in the wings, to pay for, as well.
There is no way this is sustainable. You can stick your head in the ground. You can deny and obfuscate. You can rant and rave about 'America, love it of leave it.' You can't change the debt. Piles, mounds, scads, and oodles of debt.
The only way to pay it off is to print more money, which since that's controlled by a private corporation, the money would have to be borrowed to pay the debt, which is akin to getting a new credit card to roll over your old ones. And that's all fine and good for some amount of time (granted it's gone on for YEARS now), but at some point, debt must be paid of repudiated. When that time comes, there will be hell to pay, one way or another.
It will either cause massive inflation, as in Zimbabwe or Argentina, or it will cause depression, the likes of which would make the former Great Depression look like fun. The only other option is that every man, woman and child work for one year without pay, so that the debt can be brought down to something more reasonable, which is unreasonable.
Sure, you can say, "It can't happen here! This is America!" Yeah, they said that in Rome, they said it just before the fall of the Byzantine Empire, they said it before the fall of the Austro-Hungarian Empire. It all goes away at some point. Empires are unsustainable.
Eventually, all empires must expend so many resorces, to project power to maintain the level of fear necessary to hold empires together, that they crumble under the weight of their own glory. What normally happens is that empires face challenges on multiple fronts, and so must split their energy. This process leaves the core unprotected and vulnerable. It then only takes the flick of a finger and the whole thing collapes overnight.
Citizens of the USSR went to bed one night in one country, and woke up the next day in another. It's that fast. The Visigoths and Vandals sacked Rome in a week. Oh sure, people spoke Latin for another 1,750 years, but the empire was long gone by the time the language died. Egypt changed in 18 days. Tunisia took even less time to crumble.
It's going to happen to America. I know that's really hard to comprehend, but the empire will die and something else will replace it. It will happen, whether you like it or not. The writing is on the wall, or at least on the balance sheet. The country has dug itself a massive grave in the ground of debt. ONE MILLION DOLLARS PER MAN, WOMAN AND CHILD.
There's no way out of it.
Already, the Vandals are at the gate (Chinese). America's bonds are losing their investment grade status, while countries like Indonesia are about to gain that status. The vultures are circling waiting to pick up the juicy bits before the carcass gets full of maggots.
Can't happen, you say? It already is.
A $3.5 trillion federal budget is a dream. It can't happen. You are looking at the end of empire in that one bill. Lopping off a hundred billion here and there, as the Tea Partiers are singing about doesn't even begin to solve the problem. There's no wealth left. There's nothing to pay for it. Even Ron Paul can't pull this crate out of its death spin.
I could be wrong, but I'm usually not. I've read enough history, studied enough economics and pondered the trends to great length. Short of discovering an asteroid made of gold and bringing it home tomorrow, there's no solution but to dissolve the federal government, repudiate the debt and let the States fend for themselves.
The odds favor the prepared mind. The time for preparing is fast fading in the rearview mirror.
To borrow another metaphor, the king is in check and there's only one move left. But after that move, it's checkmate. From out here, we can see the whole board, and it looks pretty grim. From what I can see, the only move remaining is to seceed from the Union, and the free States form a new order of things. It won't solve the problems, but it will sure slow the impact a little.
And thos corporations that are going transnational? They're just the rats jumping ship. The wise boater will follow them while there's still lifevests available.
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