Comments on: The 2009 Financial Report Of The U.S. Government Is Out – America’s Economic Goose Is Cooked http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked Are You Prepared For The Coming Economic Collapse And The Next Great Depression? Wed, 23 May 2012 05:14:35 +0000 hourly 1 By: Brutus http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1515 Brutus Mon, 15 Mar 2010 02:21:35 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1515 Richard M. Connelly March 5th, 2010 at 5:03 am Yes, I have a comment. All this “lamebrain” talk by Homeland Security about “Domestic Terrorists” should begin with our polticians and bankster members of the banking cartel. THEY are DOMESTIC TERRORISTS of the first order…..they gave us economic “shock and awe” alright and have committed a heineous crimes against the American People. If ever the American People regain control of our country politically we need to try many of these criminals for what they have done. They have ruined us totally and absolutely. What a filthy,lying bunch of self serving, elitist vermin! TREASON and LOOTING on a GRAND SCALE! Uhh Richard? The DHS was not created to protect you. It was created to protect the corporation and its subsidiaries. And Mae, read the PNAC in its entirety. Also, check out the names of those whose signatures are on it. Then do some research on those names. Also, type in your search bar "Cheney + Caspian Sea". Hint: approximately 12,000,000,000,000.00 $ worth of it. All you have to do is follow the ... not just the money ... but the commodities. Richard M. Connelly
March 5th, 2010 at 5:03 am

Yes, I have a comment. All this “lamebrain” talk by Homeland Security about “Domestic Terrorists” should begin with our polticians and bankster members of the banking cartel. THEY are DOMESTIC TERRORISTS of the first order…..they gave us economic “shock and awe” alright and have committed a heineous crimes against the American People. If ever the American People regain control of our country politically we need to try many of these criminals for what they have done. They have ruined us totally and absolutely. What a filthy,lying bunch of self serving, elitist vermin! TREASON and LOOTING on a GRAND SCALE!

Uhh Richard? The DHS was not created to protect you. It was created to protect the corporation and its subsidiaries.

And Mae, read the PNAC in its entirety. Also, check out the names of those whose signatures are on it. Then do some research on those names.

Also, type in your search bar “Cheney + Caspian Sea”. Hint: approximately 12,000,000,000,000.00 $ worth of it.

All you have to do is follow the … not just the money … but the commodities.

]]> By: John http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1498 John Sun, 14 Mar 2010 03:30:15 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1498 Thomas Jefferson was concise in his early warning to the American Nation. "If the American people ever allow private banks to control the issuance of their currency, first by inflation then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children wake up homeless on the continent their father's conquered." Even then TJ saw the danger of the a Federal Reserve... Thomas Jefferson was concise in his early warning to the American Nation. “If the American people ever allow private banks to control the issuance of their currency, first by inflation then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children wake up homeless on the continent their father’s conquered.” Even then TJ saw the danger of the a Federal Reserve…

]]> By: Craig http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1320 Craig Tue, 09 Mar 2010 15:13:06 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1320 Mae, I think Ted was referring to this portion of "Rebuilding America's Defenses" - "Further, the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event – like a new Pearl Harbor. Domestic politics and industrial policy will shape the pace and content of transformation as much as the requirements of current missions." (page 63) Mae, I think Ted was referring to this portion of “Rebuilding America’s Defenses” –

“Further, the process of transformation,
even if it brings revolutionary change, is
likely to be a long one, absent some
catastrophic and catalyzing event – like a
new Pearl Harbor. Domestic politics and
industrial policy will shape the pace and
content of transformation as much as the
requirements of current missions.”
(page 63)

]]> By: Old Fezziwig http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1270 Old Fezziwig Sat, 06 Mar 2010 04:13:51 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1270 Well spoken comments. I especially agree with Cheryl. Sounds as though she too has read Richard K. Moore's latest piece. The reason that we're broke, and everything being done is making it worse, is because that's the plan. Capitalism is dead. Sovereign nations will be systematically dismantled, currencies destroyed. The Ruling class, independent of figurehead governments will bring us a new world order from the chaos. We'll all thank them for saving us... Well spoken comments. I especially agree with Cheryl. Sounds as though she too has read Richard K. Moore’s latest piece. The reason that we’re broke, and everything being done is making it worse, is because that’s the plan. Capitalism is dead. Sovereign nations will be systematically dismantled, currencies destroyed. The Ruling class, independent of figurehead governments will bring us a new world order from the chaos. We’ll all thank them for saving us…

]]> By: Mae http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1264 Mae Sat, 06 Mar 2010 01:54:54 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1264 @ Ted - I checked out the article you mentioned and not sure where you get this stuff from but the reference to Pearl Harbor is in regards to the service life of ships - pg 67 'Absent a rigorous program of experimentation to investigate the nature of the revolution in military affairs as it applies to war at sea-the navy might face a future Pearl Harbor as unprepared for war in the post-carrier era as it was unprepared for war at the dawn of the carrier age.' Please don't believe everything you read - especially when it comes to conspiratorial talking points that are usually distorted and twisted to fit a certain group's agenda. Do your own research and you won't be misled. @ Ted – I checked out the article you mentioned and not sure where you get this stuff from but the reference to Pearl Harbor is in regards to the service life of ships – pg 67 ‘Absent a rigorous program of experimentation to investigate the nature of the revolution in military affairs as it applies to war at sea-the navy might face a future Pearl Harbor as unprepared for war in the post-carrier era as it was unprepared for war at the dawn of the carrier age.’
Please don’t believe everything you read – especially when it comes to conspiratorial talking points that are usually distorted and twisted to fit a certain group’s agenda. Do your own research and you won’t be misled.

]]> By: Dave http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1255 Dave Fri, 05 Mar 2010 18:40:34 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1255 It would be one thing to say that we are following the path of other failed,collapsed nations,but it's worse than that. We are much further in debt than any other in history at the same time we are about to have our currency overthrown as the global standard. Our "readjustment" will most likely be one of the hardest and most painful in history-aside from the devastations to countries that result from wars....which brings up the other potential... It would be one thing to say that we are following the path of other failed,collapsed nations,but it’s worse than that.
We are much further in debt than any other in history at the same time we are about to have our currency overthrown as the global standard.
Our “readjustment” will most likely be one of the hardest and most painful in history-aside from the devastations to countries that result from wars….which brings up the other potential…

]]> By: Ted http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1252 Ted Fri, 05 Mar 2010 17:36:05 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1252 American's been in decline for awhile now, and that's why, in September of 2000, those sociopathic neo-cons at PNAC (Project for a New American Century) called for a "Pearl Harbor-type event" to help ramp up American military presence/dominance worldwide. It was in their document called "Rebuilding America's Defenses"--it's completely real, go look it up. They knew they had to sit on Middle Eastern oil fields and gain control of the spigot, so to speak, if they had any hope of remaining the global superpower. They also knew that American citizens wouldn't accept these illegal, immoral wars of conquest without a good excuse----hence the "terrorist" attacks of 9/11, conveniently occurring one year to the month after PNAC day-dreamed about a "Pearl Harbor-type event" that would catalyze the changes they wanted. Well, this brute military force is about all the strength America has left, so expect to see the U.S. start World War 3 before long. American’s been in decline for awhile now, and that’s why, in September of 2000, those sociopathic neo-cons at PNAC (Project for a New American Century) called for a “Pearl Harbor-type event” to help ramp up American military presence/dominance worldwide. It was in their document called “Rebuilding America’s Defenses”–it’s completely real, go look it up.

They knew they had to sit on Middle Eastern oil fields and gain control of the spigot, so to speak, if they had any hope of remaining the global superpower. They also knew that American citizens wouldn’t accept these illegal, immoral wars of conquest without a good excuse—-hence the “terrorist” attacks of 9/11, conveniently occurring one year to the month after PNAC day-dreamed about a “Pearl Harbor-type event” that would catalyze the changes they wanted.

Well, this brute military force is about all the strength America has left, so expect to see the U.S. start World War 3 before long.

]]> By: Annie http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1251 Annie Fri, 05 Mar 2010 17:11:05 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1251 OK, so we know all this. My question is: What are people doing to protect their investments? Are you looking at Harry Brownes' Permanent Portfolio? Moving into gold? TIPs? Commosities? Foreign bonds? Emerging markets? What is your asset allocation NOW? How do you plan to lose as little as possible when TSHTF? OK, so we know all this. My question is: What are people doing to protect their investments? Are you looking at Harry Brownes’ Permanent Portfolio? Moving into gold? TIPs? Commosities? Foreign bonds? Emerging markets? What is your asset allocation NOW? How do you plan to lose as little as possible when TSHTF?

]]> By: Randy http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1250 Randy Fri, 05 Mar 2010 17:10:20 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1250 Mae is right. A scholar from the New School of Social Research in New York City has already suggested to Congress that IRAs and 401Ks should be nationalized. The Thrift Savings Plan would be the first to go as that is the plan federal employees pay into for their retirement. Congress loots that plan for spending money on a regular basis even now. After I left federal service, I got my money out and am withdrawing it and converting it into silver to make it harder for the US GOV to steal to pay off all their bad debts. If this was not enough, the fact that we are faced with huge unfunded entitlements and have lost most of our manufacturing base to globalization (only 9% is left) will make it very difficult if not impossible to meet these obligations. Coupled with ever rising costs of oil exploration / exploitation and the depletion of existing fields, it is unlikely that things will improve in the next five years. The best investments now are small grazing farms, draft animals, the means to feed/water/cloth and shelter yourselves. Silver is another good bet, and don't forget a good shotgun, dog and fences. Mae is right. A scholar from the New School of Social Research in New York City has already suggested to Congress that IRAs and 401Ks should be nationalized. The Thrift Savings Plan would be the first to go as that is the plan federal employees pay into for their retirement. Congress loots that plan for spending money on a regular basis even now. After I left federal service, I got my money out and am withdrawing it and converting it into silver to make it harder for the US GOV to steal to pay off all their bad debts. If this was not enough, the fact that we are faced with huge unfunded entitlements and have lost most of our manufacturing base to globalization (only 9% is left) will make it very difficult if not impossible to meet these obligations. Coupled with ever rising costs of oil exploration / exploitation and the depletion of existing fields, it is unlikely that things will improve in the next five years. The best investments now are small grazing farms, draft animals, the means to feed/water/cloth and shelter yourselves. Silver is another good bet, and don’t forget a good shotgun, dog and fences.

]]> By: Tex http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1235 Tex Fri, 05 Mar 2010 05:48:51 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1235 instead of getting rid of Social Security and Medicare benefits how about getting rid of law enforcement and FEMA camps? instead of getting rid of Social Security and Medicare benefits how about getting rid of law enforcement and FEMA camps?

]]> By: Richard M. Connelly http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1233 Richard M. Connelly Fri, 05 Mar 2010 05:03:27 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1233 Yes, I have a comment. All this "lamebrain" talk by Homeland Security about "Domestic Terrorists" should begin with our polticians and bankster members of the banking cartel. THEY are DOMESTIC TERRORISTS of the first order.....they gave us economic "shock and awe" alright and have committed a heineous crimes against the American People. If ever the American People regain control of our country politically we need to try many of these criminals for what they have done. They have ruined us totally and absolutely. What a filthy,lying bunch of self serving, elitist vermin! TREASON and LOOTING on a GRAND SCALE! Yes, I have a comment. All this “lamebrain” talk by Homeland Security about “Domestic Terrorists” should begin with our polticians and bankster members of the banking cartel. THEY are DOMESTIC TERRORISTS of the first order…..they gave us economic “shock and awe” alright and have committed a heineous crimes against the American People. If ever the American People regain control of our country politically we need to try many of these criminals for what they have done. They have ruined us totally and absolutely. What a filthy,lying bunch of self serving, elitist vermin! TREASON and LOOTING on a GRAND SCALE!

]]> By: rrbit http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1231 rrbit Fri, 05 Mar 2010 03:35:31 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1231 One simple solution would be to nationalize the Federal Reserve. Right now we are giving banks money and then borrowing it back at interest. What kind of idiot does this?? One simple solution would be to nationalize the Federal Reserve.
Right now we are giving banks money and then borrowing it back at interest. What kind of idiot does this??

]]> By: Bildo http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1229 Bildo Fri, 05 Mar 2010 02:40:34 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1229 When we talk about "the government"..... Didn't I read something about the actual US Gov being done away with around 1861 or so? Apparently, a corporation was formed in it's place and they copyrighted a bunch of terms such as US, US CITIZEN, UNITED STATES GOVERNMENT,etc.....? From what I understand that corporation went bankrupt in 1933[yr?] and was taken over by it's creditors. Such a shame that so many people don't know where the money actually comes from and that faucet will soon be turned off. When we talk about “the government”…..
Didn’t I read something about the actual US Gov being done away with around 1861 or so? Apparently, a corporation was formed in it’s place and they copyrighted a bunch of terms such as US, US CITIZEN, UNITED STATES GOVERNMENT,etc…..?
From what I understand that corporation went bankrupt in 1933[yr?] and was taken over by it’s creditors.
Such a shame that so many people don’t know where the money actually comes from and that faucet will soon be turned off.

]]> By: cheryl http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1209 cheryl Thu, 04 Mar 2010 15:39:11 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1209 This is being done purposely. Our country was doomed when it was taken off the gold standard by Woodrow Wilson in 1913 giving over our country's wealth to privately owned bankers. They created the Federal Reserve to make it seem they were part of our government, but they aren't. They're criminal banking families who fund both sides of wars to profit from. They are the reason our country is in this terrible situation. Our money was never backed by anything, they print it out from thin air! It has no real value anymore and our country is going to fall into a world government, as they planned, very soon. They have concentration FEMA camp waiting for us after the collapse. This is being done purposely. Our country was doomed when it was taken off the gold standard by Woodrow Wilson in 1913 giving over our country’s wealth to privately owned bankers. They created the Federal Reserve to make it seem they were part of our government, but they aren’t. They’re criminal banking families who fund both sides of wars to profit from. They are the reason our country is in this terrible situation. Our money was never backed by anything, they print it out from thin air! It has no real value anymore and our country is going to fall into a world government, as they planned, very soon. They have concentration FEMA camp waiting for us after the collapse.

]]> By: Joe http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1208 Joe Thu, 04 Mar 2010 15:36:15 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1208 I agree with all of your points, however, your graphs don't take inflation into account and are therefore almost meaningless. Why bother including graphs like this? You don't need to make the graphs scarier by ignoring inflation, they are already ridiculous enough. I agree with all of your points, however, your graphs don’t take inflation into account and are therefore almost meaningless. Why bother including graphs like this? You don’t need to make the graphs scarier by ignoring inflation, they are already ridiculous enough.

]]> By: Simon http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1207 Simon Thu, 04 Mar 2010 06:57:24 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1207 "Throughout the report, the word "unsustainable" is repeatedly used." To be exact - 4 (four) times, 2 times of which is used repetedly. Can it count as "repeatedly used"? “Throughout the report, the word “unsustainable” is repeatedly used.”

To be exact – 4 (four) times, 2 times of which is used repetedly. Can it count as “repeatedly used”?

]]> By: Lunatic Fringe http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1206 Lunatic Fringe Thu, 04 Mar 2010 05:26:57 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1206 Farewell and adieu to you my Spanish ladies... Give us all of your money and maybe we will let you live-Komrade! Freedom isn't free in the new USSA. Farewell and adieu to you my Spanish ladies…

Give us all of your money and maybe we will let you live-Komrade! Freedom isn’t free in the new USSA.

]]> By: Stu Lowndes http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1200 Stu Lowndes Thu, 04 Mar 2010 00:19:29 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1200 Can we get a graph of the percentage cost of interest payments out of the total federal revenue? I'd like to see that one for 'extrapolation' purposes, lol. Can we get a graph of the percentage cost of interest payments out of the total federal revenue? I’d like to see that one for ‘extrapolation’ purposes, lol.

]]> By: Bill http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1198 Bill Wed, 03 Mar 2010 23:05:09 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1198 Business as usual. Business as usual.

]]> By: Mae http://theeconomiccollapseblog.com/archives/the-2009-financial-report-of-the-u-s-government-is-out-americas-economic-goose-is-cooked/comment-page-1#comment-1195 Mae Wed, 03 Mar 2010 22:20:16 +0000 http://theeconomiccollapseblog.com/?p=256#comment-1195 What is being done right now regarding our economy has never, ever been done successfully anywhere in the history of the world. Think of Zimbabwe and the Wiemar Republic. Greece is simply a precursor to what is going to happen in Europe and here eventually. One has only to look at California. Washington can plan to soak the rich and the middle classes all they want, it still won't be enough money to pay for this debt. The UK is looking at raising their VAT to 20%, I believe Sweden and Norway are up around 25%. People who honestly believed that Obama wasn't going to raise their taxes because they make less than $250k were only kidding themselves. How can it NOT happen?? Obama needs money and will get it from anywhere he can siphon it off - what makes me very nervous is the idea that has been floated about in Washington of going after our pensions and 401k's. Obama took a page from Saul Alinsky's handbook and tried his best to overwhelm our system in order to pass his agenda. I was dumbstruck at those who voted Obama into office. Remember the old sayings about 'birds of a feather flock together' and your mother warning you about who you chose for friends because it was a reflection on you? All it took for me to understand who Obama really was/is was taking a look at his choice of friends and mentors - Saul Alinsky Ben Van Jones Cloward and Piven Revered Jeremiah Wright William Ayers and Bernadine Dohrn Jodie Evans Tony Rezko Mike Klonsky Frank Marshall Davis Rashid Khalidi Dale and Wade Rathke and on...and on...and on...... What is being done right now regarding our economy has never, ever been done successfully anywhere in the history of the world. Think of Zimbabwe and the Wiemar Republic. Greece is simply a precursor to what is going to happen in Europe and here eventually. One has only to look at California.
Washington can plan to soak the rich and the middle classes all they want, it still won’t be enough money to pay for this debt. The UK is looking at raising their VAT to 20%, I believe Sweden and Norway are up around 25%. People who honestly believed that Obama wasn’t going to raise their taxes because they make less than $250k were only kidding themselves. How can it NOT happen?? Obama needs money and will get it from anywhere he can siphon it off – what makes me very nervous is the idea that has been floated about in Washington of going after our pensions and 401k’s.
Obama took a page from Saul Alinsky’s handbook and tried his best to overwhelm our system in order to pass his agenda.
I was dumbstruck at those who voted Obama into office. Remember the old sayings about ‘birds of a feather flock together’ and your mother warning you about who you chose for friends because it was a reflection on you?
All it took for me to understand who Obama really was/is was taking a look at his choice of friends and mentors -
Saul Alinsky
Ben Van Jones
Cloward and Piven
Revered Jeremiah Wright
William Ayers and Bernadine Dohrn
Jodie Evans
Tony Rezko
Mike Klonsky
Frank Marshall Davis
Rashid Khalidi
Dale and Wade Rathke
and on…and on…and on……

]]>