“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas


Tuesday, August 02, 2011

Ann Barnhardt sums up the debt deal nicely


This is esteemed conservative Ann Barnhardt. She has an explanation of the charade that is the debt-ceiling bill everybody's celebrating today....

I stole this entirely from our friends over at Moonbattery --(Ann) There are no spending cuts in this plan. It is all accounting fraud. Saying that you are not going to spend money in Afghanistan ten years from now is not spending cuts. Even if you accept the $1 Trillion in cuts over ten years propaganda, that is only $100 Billion per year, which is essentially meaningless relative to the size of the problem. Furthermore, even a minuscule uptick in interest rates, which given the massive debasement of our currency is now a mathematical certainty, will completely consume that $100 Billion per year. It’s all a joke.

(Dave Blount of Moonbattery)... Meanwhile, Comrade Obama has been given the green light to waste another $2 TRILLION over the next 16 months.

Where do you think this money is going to come from — who has two trillion dollars to loan us? China? Nope. Not even close. China’s entire GDP is only $6 Trillion. … This $2 Trillion is going to come from the Federal Reserve. Where is the Federal Reserve going to get $2 Trillion? They are going to print it out of thin air. We are in the midst of the largest currency debasement ever seen in human history. There is only one result that can come of currency debasement: hyperinflation and total economic and societal collapse.

Right you are Ann! It's all a big charade and the media will ignore these facts as they praise democrats for being compromisers and vilify the tea parties for being ideological obstructionists. 2012 is shaping up to be even more important than it was a week ago....that is if the country hasn't gone the way of Greece by then.

5 comments:

David said...

I suppose our catalyst for change will come in the form of Greece-like moment. I suggest you buy bullets now as the riots are sure to follow.

My country tis of thee...

Ed said...

Dave, the more I read stuff like this and listen to Beck, the more depressing and less hopeful I am about the future. I really hate what our government has saddled us with. I weep for what our kids will face.

Bill said...

Listening to Beck will rot your brain.

Ed said...

I used to enjoy his radio show(never watched the TV show), but it got so conspiratorial and depressing that I had to turn it off.

David said...

I can't listen to any of them for very long. But I do like Boortz.