Americans Arrainge Deck Chairs on A Titanic of Debt

ITS ALL OVER BUT FOR THE TAXES!

With all the common sense minded talking heads, Limbaugh, Hannity, Beck.  O’Reiley, Ingram pounding home the institutional changes to the American form of government with fascists now in complete control, they may as well be filling empty containers with sand at the beach.

This is in effect what is happening, perhaps combined they have 3 million listeners, the US population is 360 million give or take a few illegal’s, this is roughly .8 percent of the population listening to an alternate voice.  Comrade President Obama continues his campaign mode across the airwaves feeding 60% of the population with feel good gibberish that is nothing but peanut butter in the center of the mouse trap.  Little do these people know the trap is sprung, the American way of life as we have known it the one with freedom and liberty has ended.

The faith and morals the founding principles of a society not believed in but intrinsically known have been changed.  Narcissistic emotion based college students, inner city folks in densely populated areas and those who see themselves as victims of society who have fallen prey to the TV reality have lost their way to what is real.  These folks and those who wanted to believe in a higher authority have chosen their fascist messiah from the TV and turned their lives over to government power as if it were god almighty.

Now government will be their instrument of change rather than the calling of their own personal responsibility as their destiny.  They have given their principals over to National Government Motors, Government Banks, Government Media, Government Insurance, Government Entitlements, Government Environmental Control, lets not forget the instrument that makes all this possible GOVERNMENT DEBT!

As all the mouse’s lick the peanut butter of change and hope, and those with some semblance of personal responsibility have their heads filled with sand there is no political counter for the economic loss that each individual will come to intimately know as their own personal savior, TAXES.

Marxist-fascist economic policy relies on massive debt that will require government sponsored authorities control into the future.  It is a necessary evil one must pay their debts, its the American way, at least for those not in government.

For the TV reality verses Real World Crowd those who get it, they do not have one elected champion who is brave enough to come forward, who can even get the air time to be heard.  The lambs are being led to slaughter and the American Politburo is not even lifting a finger, not one currently elected government representative is coming to the rescue of principals upon which America was founded.

They are fools, cowards, and afraid of losing their place at the messiahs dinner table. We are not talking about the talk show circuit here we are talking about a Paul Revere riding through America, lantern in hand Screaming The RED COATS ARE COMING, THE RED COATS ARE HERE!

Debt Onslaught Boosting Bond Yields

By: Dan Weil; The 10-year Treasury note rose to a six-month high of 3.75 percent Wednesday amid concern about the $2 trillion of debt that the Treasury will sell to the bond market this year.  The money is needed to finance the government’s budget deficit. The Congressional Budget Office estimates the deficit will total $1.7 trillion in fiscal 2009, ending Sept. 30.  Bill Gross, co-chief investment officer of PIMCO, told Bloomberg, “the raft of debt being issued by the U.S. Treasury is pushing bond yields higher.  “The market is beginning to wonder who is going to be buying these bonds.”

The only buyer in the market for American debt is the Fed, it is printing money and buying U.S. bonds two trillion is what is needed and this will send inflation surging higher there can be no stopping it, but for death and taxes!

Federal Obligations to a Record $546,668 per Household

By Dennis Cauchon, USA TODAY; The latest increase raises federal obligations to a record $546,668 per household in 2008, according to the USA TODAY analysis. That’s quadruple what the average U.S. household owes for all mortgages, car loans, credit cards and other debt combined.  Federal obligations per household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises. What federal obligations?  The costs of Medicare and Social Security, and President Bush’s Medicare prescription drug benefit added in 2003.

Using all federal data USA TODAY compute all government liabilities, from Treasury bonds to Medicare to military pensions.  The government under President Bush took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion.

Social Security – Average benefit: $12,089 in 2008.

Medicare. – Average 2008 benefit: $11,018.

Retirement programs. Congress has not set aside money to pay military and civil servant pensions or health care for retirees. These unfunded obligations have increased an average of $300 billion a year since 2003 and now stand at $5.3 trillion.

American capitalism gone with a whimper

Pravda.Russia; It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their “right” to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our “democracy”. Pride blind the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different “branches and denominations” were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the “winning” side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the “winning” side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America’s short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the shear volumes. Should we congratulate them?