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Saturday, July 15, 2017

Is This The Generation That Is Going To Financially Destroy America?

Did you know that the federal government is going to spend more than 4 trillion dollars this year? To put that into perspective, U.S. GDP for the entire year of 2017 is going to be somewhere between 18 and 19 trillion dollars. So when you are talking about 4 trillion dollars you are talking about a huge chunk of our economy. But of course the federal government doesn’t bring in 4 trillion dollars a year. At the beginning of Barack Obama’s first term, we were 10.6 trillion dollars in debt, and now we are nearly 20 trillion dollars in debt. That means that we have been adding more than a trillion dollars a year to the national debt. When you break that down, that means that we have essentially been stealing more than a hundred million dollars from future generations of Americans every single hour of every single day to pay for our debt-fueled lifestyle. Even Federal Reserve Chair Janet Yellen is warning that this is not sustainable, and yet we just keep on doing it.

Nobody can pretend that what we have today is the kind of limited federal government that our founders intended. When federal spending accounts for more than 20 percent of GDP, it is hard to argue that we haven’t moved very far down the road toward socialism. As I mentioned above, total federal spending will surpass 4 trillion dollars for the first time ever in 2017…

Both the Congressional Budget Office and the White House Office of Management and Budget project that federal spending will top $4 trillion for the first time in fiscal 2017, which began on Oct. 1, 2016 and will end on Sept. 30.

In its “Update to the Budget and Economic Outlook: 2017 to 2027” published last week, CBO projected that total federal spending in fiscal 2017 will hit $4,008,000,000,000.

I was recently asked how we are going to pay for a 4 trillion dollar government if we abolish the income tax like I am proposing.

Well, the truth is that we would have to dramatically reduce the size and scope of the federal government. Our founders always intended for the individual state governments to be much stronger than they are right now, and it is time for us to restore that constitutional balance.

Something desperately needs to be done, because we have a federal government that is completely and totally out of control. Even the Congressional Budget Officeagrees that we are headed toward absolute disaster if our leaders in Washington don’t start displaying some fiscal responsibility…

A large and continuously growing federal debt would increase the chance of a fiscal crisis in the United States. Specifically, investors might become less willing to finance federal borrowing unless they were compensated with high returns. If so, interest rates on federal debt would rise abruptly, dramatically increasing the cost of government borrowing. That increase would reduce the market value of outstanding government securities, and investors could lose money. The resulting losses for mutual funds, pension funds, insurance companies, banks, and other holders of government debt might be large enough to cause some financial institutions to fail, creating a fiscal crisis. An additional result would be a higher cost for private-sector borrowing because uncertainty about the government’s responses could reduce confidence in the viability of private-sector enterprises.

It is impossible for anyone to accurately predict whether or when such a fiscal crisis might occur in the United States. In particular, the debt-to-GDP ratio has no identifiable tipping point to indicate that a crisis is likely or imminent. All else being equal, however, the larger a government’s debt, the greater the risk of a fiscal crisis.

The likelihood of such a crisis also depends on conditions in the economy. If investors expect continued growth, they are generally less concerned about the government’s debt burden. Conversely, substantial debt can reinforce more generalized concern about an economy. Thus, fiscal crises around the world often have begun during recessions and, in turn, have exacerbated them.

I get so frustrated with Republicans in Congress, because they are supposed to be watching out for us.

During the 2010 elections, one of the biggest mid-term landslides of all time gave Republicans control of the House of Representatives and they have had it ever since. One of the pillars of the “Tea Party revolution” was fiscal responsibility, but the national debt has just continued to explode.

When the Republicans took control of the House in early 2011, we were about 14 trillion dollars in debt, and now we are nearly 20 trillion dollars in debt.

We have been betrayed, and those that have done this to us need to be held accountable.

Of course the big reason why our politicians never want to control spending is because they know what it will do to our economy.

During the Obama years, we spent more than 9 trillion dollars that we didn’t have. If we could somehow go back and take 9 trillion dollars out of the economy over those 8 years, we would be in the worst depression in U.S. history right now.

Nobody in Washington wants to be responsible for plunging us into an economic depression, and so they just keep stealing from the future in order to prop things up in the short-term.

And a similar thing could be said about central bank intervention. If the Federal Reserve and other global central banks had not pumped trillions upon trillions of dollars into the financial system over the past 8 years, we would be in the midst of a horrific economic nightmare right now.

But now all of that “hot money” has created epic financial bubbles all over the planet, and when they finally burst the ensuing crisis will be far, far worse than if they had never intervened in the first place.

Global central banks now have more than 20 trillion dollars in assets on their balance sheets and the world is more than 217 trillion dollars in debt. The desperate measures that national governments and central banks have been taking have delayed the coming crisis, but they have also guaranteed that it will be far worse than it could have otherwise been.

The stage is set for the worst financial crisis in world history, and the only way that it can continue to be delayed is for our leaders to continue to inflate the bubbles larger and larger and larger.

But of course no bubble can last forever, and the bigger they become the harder they burst.

Credit to economic collapse

See Something Say Nothing: Phil Haney, Doc Marquis and Jon Robberson

Another Clinton Investigator Found Dead

The Central Banker Paper Reveals The Process Of Controlling Currency

Is It Better to Be a Russian or An American? Which Government Loves Its People More?

What looks like a harmless construction project ends up looking like the following and from the surface none would be the wiser.
underground bunkers

Preparing for Doomsday but  Doomsday Is Already Here

The following short video demonstrates the length that the elite have gone to protest themselves from the hideous consequences of the military industrial complex. After watching this brief presentation, you will be stunned about how much money and how seriously the nation’s elite are taking the threats that are being visited upon our doorstep. And to each crisis that we face, it seems that the elite have a way to buy their way out of the problem, but people like you and me, do not not

These survival units are available from $1.5 million to $4 million and there is absolutely no financing. So if you had any thoughts of escaping what is coming, you can forget about it.
One of the major manufacturers that has made this technology available to the rich and famous is goes by the name Survival Condo. The following quotes from this group expose the true nature of what is being constructed. 

“…We have the highest level of military grade security that offers both lethal and non-lethal measures in order protect our residents. We’ve designed our security protocols with just about every consideration that could possibly put our residents and the facility in harms way…”  (WHEN THE SHTF, WHO IS PROVIDING YOUR SECURITY?)
“…we do have all of the necessary communications systems for pre and post-disaster needs. Further, we supply direct link communications to the condos remotely for our owners, as well as full fiber optics intranet, with data-streaming for education, information and entertainment. We also have silo-to-silo network links and communications…”  (The rest of you are not in the club-you do not have a seat at this table)
“… All prospective buyers are welcome to personally tour the facility and view the model condo and all of the facility amenities upon submission of proof of ability to purchase. Media contacts may be granted a tour and interview upon approval of our management team. We do not however offer public tours.”(ANYONE BUT BLUEBLOODS NEED NOT APPLY)
Dwight Eisenhower warned us about the consequences of the Military Industrial Conflict and the failure to heed his warnings are having catastrophic consequences.

McCain Loves Americans Just Not As Much As Putin Loves Russians

Senator John McCain, as I have come to refer to him as, had an opportunity to protect the American people when he has headed so many committees such as the Senate Intelligence Committee. But what did he do to protect the people from the specter of nuclear war? McCain did absolutely nothing. When is the last time you can remember your government coordinating and conducting a massive civil defense drill whose primary objective was to protect American lives from a nuclear attack? Crickets chirping….
Conversely, last fall, Russia previously coordinated a massive evacuation drill for more than 40 million people in preparation for nuclear war. In the drill, well over 200,000 emergency services personnel and soldiers used 50,000 pieces of equipment during the massive civil defense exercise. So much for the fake news that the Russian government does not care about its citizens. Clearly, as global tensions intensify, Russian state officials are preparing a petrified citizenry for a nuclear war in which Russia claims will be started by warmongers, like Senator McCain, from the United States.

Is It Better to Be a Russian Citizen Or a Constituent of John McCain?

It is interesting to ponder who is the best representative that the Deep State controls in either congressional house? Is it Democrat Chuck Schumer, Democrat Dianne Feinstein, or Democrat Elizabeth Warren?  No, it is Republican Senator McCain. He is the number one opponent of the elected President.
More to the point, McCain and his merry band of Deep State minions may not care whether you and your family survive a nuclear attack, McCain and his family have very little to worry about.

Continuity of Government

The United States Government just practiced surviving a catastrophe. Were you or other “avearage Americans part of this drill?

“EAGLE HORIZON 2017:   June 19-23

Eagle Horizon is our annual mandatory integrated continuity exercise for all Federal Executive Branch departments and agencies. The Eagle Horizon exercise requires each department and agency to test their Continuity of Operations Plan (COOP) by deploying their Emergency Relocation Groups to secret remote locations where they will perform their Essential Functions ensuring the preservation of Our Government.
Participating employees will start their work day at their normal work locations. When the continuity level changes to COGCON 1, they will make a mad dash to deploy to the alternate sites leaving their loved ones behind. Eagle Horizon uses scenarios such as hurricanes, improvised nuclear device detonations, earthquakes and cyber-attacks.”

McCain and his Deep State allies will be tucked safely away when trouble visits.

Continuity of the American People

When our government no longer serves the needs of the people, why should we obey that government? Why should we pay taxes to a government so 1 million of the elite can survive a catastrophe, but the rest of us are left to rot in hell? And we damn sure need not let our children fight and die in their banker wars of occupation. It has been said that a nation that would allow the murder of 70 million babies will not hesitate to do the same to you.
What should we do about this depraved indifference toward the American people?

Credit to Common Sense