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Fear, Everywhere, Fear
Alan Caruba (Bio and Archives) Sunday, November 25, 2012
There is ample reason to fear not only the collapse of the nation’s economy, but the loss of liberty in America
If my emails and the headlines I am reading indicate anything, there is widespread fear among Americans that something terrible has occurred with the reelection of President Obama. Not all Americans, though. Those who voted for Obama appear to remain oblivious despite the threat of a “fiscal cliff” or the new taxes in Obamacare that will kick in on January 2nd.
We have a Secretary of the Treasury, Timothy, Geithner, calling for an end to debt ceilings, apparently believing that America can continue to borrow money to pay for the interest on its escalating debt, now pegged at $16 trillion and growing daily. The U.S. borrows $4 billion a day. Anyone with a credit card knows that their payments increase as they struggle to deal with their personal debt. Eventually they either declare bankruptcy or turn to companies that negotiate a payment to release them.
If America was to default on its debt, the dollar, already in free fall, would be worth nothing. We would be bartering shiny beads and anything else to buy food and other necessaries. We would become Zimbabwe where you need a million of their dollars to buy a loaf of bread.
Writing recently on her Fox Business blog, Gerri Willis spelled out the huge rise in taxes Americans are facing. “All told, next year, total taxes will go to almost 50% for the middle class; the very group that the president says he wants to protect. That means 50 cents out of every dollar earned has to go to the government. Half of everything will go to an entity that didn’t earn that money, and shouldn’t be entitled to all that dough.”
What kind of madness is it that the Teamsters union would impose such senseless rules that it would weaken Hostess to the point of bankruptcy, preferring to let the company die rather than to protect the jobs of 18,500 bakers? Other unions are engaged in attacks on a weakened economy. What kind of nation is it that its government employees are lobbying Congress to not only increase their pay, but to exempt them from the impact of the spending cuts scheduled to kick in?
There is a full-scale attack on the privacy Americans have taken for granted, protected by the fourth Amendment that says “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated…”
On November 14th, the Heritage Foundation asked “Do you trust the government with your computer?” The government has had “13 breaches and failures of its own cybersecurity just in the last six months.” Even so, “the President and his allies in the Senate are pushing forward to regulate America’s cyber-doings, without any clues about how much this will cost or how it will work.”
FEARMONGER.
You really should have a professional evaluation of your I.Q. completed, because from your one word comment, I thinks it is about the number of your shoe size, and you need re-education therapy as well. Thats my opinion.
Private enterprise cannot continue to support 50% of the workers who work for the government. The massive layoffs that will soon happen will kill off what government needs to support itself and their only income will be fiat money. They will soon confiscate the 4011(private 401 accounts), and make it a part of the Social Security program to postpone a collapse. Those poor suckers who have saved and sacrificed all those lean years and working 70 hour weeks will soon loose control of, not only their savings, but will also loose their freedom to a bunch of morons that work for the government. The USA will continue a downward spiral until it has little income to support itself. So; if you want to work for a China government, well you will soon have your wish as they will certainly be the victors of your spoils.
This article was written with deep thought and gives a good brief over view of the some of the problems Amerika and the developed world faces. I would have used “Great Concern” for my title. Truly, anyone that has just awoken from reading this article will “maybe” continue their research. Their is a greater number of people asleep out there, than people awake. The “Money People” rule, and the general populace must COMPLY, COMPLY, COMPLY, or suffer their wrath. Unfortunatly, here are the options, “COMPLY”, or ” ELSE”.
Do you not remember who got you into this situation? The republicans, Reagan, and those pubic hairs, Bush pa and son.
My God I just saw something,,my Humana-Walmart Preferred Rx Plan calander ends on December 31 2012.