Friday, February 19, 2010

The End of the American Dream


Just do the math, set the numbers in motion, and follow the money down the road to economic and cultural disaster.

By de Andréa

After looking over the new Obama budget, one can clearly see the end of America. Does this mean that this country and all of its people will physically disappear? Well…not exactly. But America as we know it, will fiscally, and culturally, disappear; it will be just a dream of history.

I am sorry if that seems like doom and gloom, but it is a reality if we continue for much longer down this path, because it leads to an unforeseen slippery slope that can’t be stopped once the inertia takes over.

It leads to over $2 trillion in tax increases over the next decade and a rapid acceleration of the national debt from a staggering $7.7 trillion today, to an incomprehensible $18.57 trillion in 10 years. Government takeover of such things as health care, energy and the student loan program

But it gets much worse…

We would be better off, if for the next 10 years the government passed no new laws and sent Congress home.

Obama is trying to make the claim that he is restoring fiscal responsibility, but nothing could be further from the truth. And the closer you look, the worse and uglier the picture gets...

In the next three years alone, Obama plans on increasing government SPENDING over the current law by more than $500 BILLION and ring up real deficits of nearly $4 TRILLION!

That would mean Obama would be responsible in just four years for increasing the real debt by $5.496 TRILLION -- coming close to all the total debt accumulated under all prior presidents combined in the history of this republic.

Cooking the books

Obama has snuck the cap and trade scheme in as a "deficit neutral" item -- hiding another $853 BILLION in new taxes for what amounts to a nonexistent global warming slush fund off the official budget books in a secret draw.

And all the while, Obama continues the policies of his predecessors by raping and pillaging the so called nonexistent Social Security Trust Fund (which is now running its own deficits) to the tune of $1.4 TRILLION.

But as bad as all this sounds, one line from "Table S-4" in Obama's budget sent a chill down my spine as a thought about the future of our nation…

Interest payments on the national debt will grow from $188 BILLION in 2010, to an unsustainable $840 BILLION in 2020. That's just servicing the interest on the debt, while the total debt continues to spiral out of control. That is the slippery slope.

Time to Stop the money printing presses

America --- has in just one year of socialistic fiscal madness, reached the tipping point… that could possibly lead to the ‘End of the American Dream’, as we know it. "The borrower is the slave of the lender" is a timeless proverb that will be played out on the grandest of scales before our eyes.

When AIG went belly up who bailed them out? When GM went belly up who bailed them out? When Chrysler went belly up who bailed them out? When the U.S. Government can no longer print worthless monopoly money, who will bail them out?

Eventually, China or some other foreign power will call our ‘debt bluff’ and the only solution will be radical government policy -- hyper-inflation, hyper-taxation, and hyper-national statism. The end of freedom. The end of prosperity. The end of our culture.

As I said “The End of the American Dream”

Now and this November we must begin to overthrow this Social Communist Muslim Government. Moreover in 2012, we must elect a new leader for this once “Free Republic”, and begin the long process of the “Restoration Project”. .

de Andréa

No comments: