US Federal Government – debt collapse
November 10th, 2012http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/tables.pdf
The US Federal budget shows a fiscal mess. We had to borrow the entire cost of operating the Federal Government in 2011, 2012 and likely onward. The annual deficits exceed $1 trillion US dollars each year. This adds to the US debt which is over $14 trillion. That debt size is now the size of the entire US economy. The debt levels are only getting worse year after year. This is not sustainable.
There is another related matter of concern. Our US Dollar is being debased. The US dollar is backed by nothing… NOT gold nor silver. It’s just paper that we all accept for now.
Where does this lead? It leads to a sovereign debt crisis and right behind that a US dollar crisis. The pain that inflicts on a society when those crisis hit can be truly awful. Read on to better understand why.
The US is embarked upon a program of increasing our people’s dependence upon Federal government programs in the form of food stamps, loans, unemployment checks and numerous other programs. Americans are being turned from independent free individuals to folks dependent on the White House for support. It’s a back to the plantation model of society. Truly horrifying if left unchecked. It is an enslavement of Americans in spirit and fiscal fact by the Federal government.
Take a look at the White House budget and key concerns and issues: http://www.whitehouse.gov/omb/budget_factsheets_key/ Looks like everyone is covered, right? Not quite. What group is not a key issue or concern of this Federal government? Look the list over and see who is missing. That is one disempowered and neutered group of Americans.
The US cannot spend money it does not have when critical debt levels are reached. There’s a break that comes – likely fast and suddenly – when a sovereign debt problem manifests. It’s bound to be ugly in resolution. And when all the Americans who have been made dependent upon the Federal government no longer can find support, food and sustenance where will they turn? Americans will turn. Think about what this gross mismanagement of our Federal government is creating. It’s a Friday the 13th on steroids. This terrible problem is being created and is worsening, year by year. You can see it happening. The numbers don’t lie. The numbers are published. You are being forewarned.
Take some time to look at this situation. Who are you going to call? It’s going to get scary one day if we don’t face this and address the growing debt problem and US Dollar debasement.. That bit of darkness is coming. This situation is not improving and there are no plans that will meaningfully improve it in the cards. Quite the contrary. The current Federal government leadership is actually implementing programs and policies that make this fiscal problem worse. Our leadership is largely ignoring it. We are ignoring something that is stunningly awful if it is permitted to unfold. Come on now, wake up!
Declaring war on Iran is not a solution. Politicians will find war on some outsider a compelling distraction to the hard situation ahead. They won’t stand accountable. The American people will suffer this pain in blood and treasure lost.
The current leadership and politicians are creating this potential – and increasingly likely – outcome by their actions, or lack of meaningful corrective action. The adults do not seem to be in the room at the moment. It takes courage to face these issues now and address them. Where are our competent and aware leaders? Who is standing up to all this foolishness? The adjustments required to prevent a US sovereign debt crisis or a US dollar crisis are likely quite painful. Americans who are accustomed to Federal government support will find much less support available. This will test all Americans.
Don’t sit back idly and let this unfold without a word of concern expressed. Come on now, think about this. The writing is on the virtual wall. Do the math. Think about what is happening before your eyes.
You can express concern to your US Senator or Congressman:
Senate = http://www.senate.gov/
Congress = http://www.house.gov/
Watch The Video: http://youtu.be/3piisLv24fU
US Federal Government Budget and Debt
