The Beginning Of The End
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What In The World Are Barack Obama And John Boehner Thinking?

What In The World Are Barack Obama And John Boehner Thinking?Barack Obama and John Boehner both seem absolutely determined to drive U.S. government finances off a cliff.  The mainstream media would have you believe that there are vast ideological differences between the two of them and that they are bitter enemies, but that is simply not the case.  Both of them say that tax increases are “necessary”, but they disagree over the details.  Both are seeking about a trillion dollars of spending cuts and about a trillion dollars of new “revenue”, but they don’t see eye to eye on how to get there.  But overall, they are both definitely playing in the same ballpark.  And those numbers certainly do sound impressive until you realize that they are talking about a time span of ten years.  Personally, I would love to see federal spending cut by a trillion dollars this year.  But that will never happen.  A trillion dollars over the course of a decade breaks down to about 100 billion dollars per year.  That still sounds like a lot of money until you put it up next to the trillion dollar deficits that we have been running for four years in a row.  Even if somehow those spending cuts turned out to be real (which they aren’t), they would still only put a very small dent in our yearly budget deficits.  Obama and Boehner both want to continue to have a gigantic federal government that showers people with government money, and both of them want to continue to pass much of the burden for paying for this gigantic government on to future generations.  And both of them want to continue to steal more than 100 million dollars an hour from our children and our grandchildren in order to maintain the false bubble of debt-fueled prosperity that we are enjoying right now.  This is incredibly foolish and they are leading us down a path that will lead to national ruin.

Sadly, even the pathetically small “budget cut” and “new revenue” figures that they are floating around turn out to be quite hollow when you inspect them more closely.

For example, the “new revenue” figures that both Obama and Boehner are talking about rely on extremely unrealistic assumptions about U.S. economic growth.  In order to meet their revenue projections, the U.S. economy would need to grow significantly faster than it is right now and we would need to get through the entire decade without having a single recession.

What do you think the chance of that happening is?

But that is the way that things work in Washington D.C. – our politicians function in a world where it is assumed that everything will work out just perfectly in the future.

For example, if the figures put out at the beginning of the Bush administration were to be believed, we should be absolutely swimming in government surpluses by now.

That didn’t work out too well, did it?

The “spending cuts” are even more illusory.

Obama is projecting that we will save 130 billion dollars by manipulating the way that inflation is calculated for annual increases in Social Security benefits.

But our politicians are already pretending that there is hardly any inflation when any rational person can see that prices are soaring.

So can they really manipulate the numbers to make them look even smaller?

By doing so, they would be cheating elderly Americans out of 130 billion dollars.  But I guess this is more convenient for our politicians than going after real government waste.

Obama also plans to save $290 billion by having lower interest payments on U.S. government debt.

Try not to laugh.

The average rate of interest on U.S. government debt was 2.534 percent at the end of November.  That is ridiculously low.  The only place it is going to go in future years is up.

Back in the year 2000, the average rate of interest on U.S. government debt was 6.638 percent.  If the average rate of interest on U.S. government debt rose back to that level, we would be paying out more than a trillion dollars a year just in interest on the national debt.

So Obama’s projection that we are going to save 290 billion dollars over the next ten years by forcing interest rates on U.S. government debt even lower is insanely optimistic.  Only a delusional person would make such an assumption.

And most of the savings from the “projected spending cuts” that Obama and Boehner are proposing would not happen until later in the decade.

After all, they don’t want to “hurt the economy” right now.

In fact, Obama is actually proposing that we should increase spending by $80 billion this year so that we can encourage economic activity.

So don’t let anyone fool you with any nonsense about how Obama and Boehner are working on a plan that would get U.S. government finances in order.

No matter how their “negotiations” turn out, we will continue to run trillion dollars deficits year after year with no end in sight.

If Americans want a monstrous federal government that passes out government checks like candy, then they should pay for it.  Personally, I think that taxes are already way, way too high and that the government already brings in more than enough money.

If Americans don’t want to pay much higher taxes, then they should tell the government to quit spending money that we don’t have.

But all of this trying to have it both ways has got to stop.  We are destroying the future for our children and our grandchildren.  We have already run up 16 trillion dollars in debt and we can’t even seem to slow down our reckless debt binge.  If they get the chance, someday future generations will curse us for what we did to them.

The funny thing is that John Boehner was supposed to be a “conservative” that was going to do something about all of this debt.  But since John Boehner has been Speaker of the House, the U.S. House of Representatives has approved legislation that has increased the size of our national debt by approximately $18,944 per household.

Thanks John.

Meanwhile, our economy continues to unravel, good jobs are becoming even more scarce, and poverty continues to explode.

For example, did you know that there are now more than one million homeless students in America?  Sadly, it’s true…

The number of homeless students in America topped one million for the first time last year as a result of the economic recession, a number that has risen 57 percent since 2007.

The US Department of Education found that of these 1,065,794 children, many lived in abandoned homes, cheap hotels, stations, church basements and hospitals. Some spent their time sleeping over at the houses of various friends whenever they could. Others fell victim to drugs and sexual abuse, in some cases trading sexual acts for food, clothing and shelter or selling illegal drugs.

Even in the midst of our debt-fueled prosperity, the number of Americans that are dependent on the government just continues to rise.

According to one recent survey, 55 percent of all Americans have received money from a safety net program run by the federal government at some point in their lives.

So how bad will things get when we eventually quit borrowing so much money and we start living within our means?

Nobody is looking forward to that day.  Certainly not our politicians.  They don’t want to be blamed for all of the painful adjustments that will happen once the party ends.

So they just keep borrowing and spending.  But at some point the music will stop and the house of cards will come crashing down.

It won’t happen this week or this month, but it will happen soon enough.

I hope that you are ready.

Obama And Boehner

  • Ralfine

    The easiest way to save money is to bring the soldiers home.

    Give them broom and shovel and have them clean up the cities.

    Next give them shovel and spade and have them repair the sewage network.
    Any jobless willling to join can join.

    • Mark

      The unions will have a cow if you give away their work. Remember the law and Davis Bacon controls Federal constrution pay scales.

      • Ralfine

        Soldiers would do additional work for which there is no money and no workers in the infrastructure budget, and paid out of defense budget, not construction budget.

        The alternative would be to sack the soldiers and reassign the defense budget to unemployment and construction budget.
        If there is a will, there will be a way.

    • kurt cobain

      put them on the border. Ill help. At least we will actually be defending the US then.

    • Martin 0002

      In reality such soldiers would be just dumped on the street and they would turn into proficient criminals, easy capable to outdo police. Better just to send them to fight vast land battles while underfunded, where they could be disposed off together with rusting equipment which is also expensive to maintain.

    • Hambone

      I was stationed in Germany for 4 years with the Army, and I can tell you we have no mission over there. It is a huge money pit for us and a giant cash cow for them.

      Things may have changed, but they had nothing but contempt for us when I was there. They enjoyed our money, but they had no appreciation for Americans. Truth be told, we didn’t help our cause, but that’s a different story.

      In my opinion, we should drastically reduce our armed forces in Europe. The money the government pays to relocate troops and their families there (we rotate every 2-3 years), which includes shipping vehicles across the pond, along with the money we spend employing local nationals could be better spent here.

      • Ralfine

        Of course they didn’t like you. Wherever American soldiers are stationed there is prostitution and drug trade.
        Vietnam, Philippines, Thailand – no difference.

        • Hambone

          I think the biggest issue was the American arrogance. We would walk into a German shop and immediately speak English, as though they were expected to understand us. They did, but I think they found it annoying. If you even tried to speak a little German, I think it made a big difference.

          That part was our fault. The other part was just a difference in culture. We saw the German workers as lazy, whiney and free-loaders, which by our standards they were. For their culture, it was probably normal.

          Wherever there is a military base in the US, it’s a big part of the economy. Look at Ft. Hood, TX, Ft. Bragg, NC, Ft. Polk, LA, Ft. Benning, GA, Ft. Sill, OK and others. These communities are definied, economically and socially, by the existence of the military base.

          • Ralfine

            Well, it’s the lazy ones that invent machines, while the others just keep working.

      • Orange Jean

        Except… if anyone is seriously injured over thereabouts (Iraq or Afghanistan) they get medievaced to Landstuhl Regional Medical Center — the military hospital in Germany.

  • LazyIke

    We always hear that the grandchildren will bear the
    brunt of this debt generated profligate spending. Actually the pivotal event will be
    the collapse of the dollar. The reference point is the Riechsmark collapse in
    1923. Those who lost everything were those that had invested in RM
    denominated assets. They became worthless. Today those most affected will be
    those on defined benefit pensions, annuities CDs and bonds. They will lose
    everything. The very young adults can start over and build their fortunes just
    as they would in normal circumstances. They
    will have lost nothing. In fact there will be new opportunities for them that
    would not have existed with this burdensome debt.

    • Mark

      This is why I bought a ranch some years ago. The writing was on the wall years ago that the spending was crazy. Obama spends like Bush on speed. .

      • 2Emelia2

        Hopefully it’s located in a country that is politically stable and fiscally sound when the SHTF?

        • RICHARD

          and which country would that be brother.

          • Hambone

            Middle earth. We can go and live with the hobbits. Hunt for mushrooms, drink ale and sing songs with Tom Bombadil.

            How could you not already know that?

          • richard

            Haven’t seen the movie yet. lol

        • Mark

          I have seen articles about other countries and how much better they will be in a collaspe. First, I you are not a local, do you really think that the rule of law will apply in a world wide collaspe. They will just take back what they feel is theirs. At least here I am a local and it is still legal to own guns to try to protect yourself.

    • Ralfine

      No need to look back so far. Germany had two currency reforms since 1990.
      In East Germany, all Mark-denominated cash assets were halved to become Deutsche Mark.

      And then in 2001 the DEM was halved to become Euro.

      The change in East Germany was more profound, as the DEM prices were much higher than the prices in Mark, and the unification destroyed 2 thirds of all jobs in Eastern Germany.
      So the East Germans lost their savings, they lost their jobs and there was an inflation of 200-300% within less than 5 years.

      • 2Emelia2

        An example of what happens when a country defaults on it’s debt can be found in Argentina. From 1999 to 2000, the economic crisis caused the fall of the government, default on the country’s debt, widespread unemployment, riots, and the rise of alternative currencies. Argentina appears to be once headed again for default as rating agencies recently downgraded the country’s credit rating from BB to C.

        • Ralfine

          LOL, that solidarity myth.
          The Soli is paid by all, East and West alike.

          The money didn’t go to the East. The money went to companies who changed the East. You know, shutting down businesses, demolishing the factories, planting flowers on the sites, improving the infrastructure, painting the buildings, demolishing iconic buildings, building new government buildings, buying new cars for the new government, selling the old AK47 to the Middle East, getting new guns for the army, printing new stationery, changing street names, printing new stationery, etc.

          Since most East German companies were destroyed or bought by West German companies to be closed soon after the Patents were transferred, the Soli effectively propped up the West German companies which faced a solid crises at the end of the 80s.

          That crisis was averted by the reunification, and 10 years later by the introduction of the Euro, which alllowed German companies to export to the other Euro states. Germany exported more to the new Euro states in Eastern and Southeastern Europe than to China.

          Now another 10 years passed …

      • LazyIke

        True, but do not overlook the fact that much of the
        real estate in GDR was taken over or stolen by former Communist apparatchiks
        who became wealthy. We saw the same thing in Vietnam. My experience is in
        Rostock where such occurred.

    • liberranter

      Actually the pivotal event will be
      the collapse of the dollar. The reference point is the Riechsmark collapse in
      1923. Those who lost everything were those that had invested in RM
      denominated assets. They became worthless.

      EXACTLY. Unfortunately, the prevailing mentality here in Amerika among the Amoricon majority is “that was Germany and that was 100 years ago. That could never happen here!”

      The “American exceptionalism” attitude is what will ultimately cause this place to die a slow, agonizing, catastrophic death.

  • markthetruth

    Like the Poseidon Adventure the captain knows the ship is sinking so he tells the crew to give free drinks to everyone and keep the music playing . This way they’ll be drunk and happy and laughing until the ship turns upside down. Thing’s will not be when you looking at the floor from the ceiling.

    the end…

    • arizonadiane

      An excellent way of saying it. That is exactly what is happening. Everything is roses as we slowly sink.

  • Syrin

    Boehner should say the following.

    “We believe that the Obama tax increases will decimate the economy, but the democrat loving media is bound and determined to lay the financial ruin of America on the republicans for being obstructionist. Therefore, we will not stop any of the economy destroying policies of the democrats. We will vote “present”, and the nation can witness first hand what the policies of this administration will do to America as businesses flee over seas, stop hiring, and productive people stop working. As the old saying goes, “If you want less of something, tax it”, and the president is bound and determined to tax the successful to death. Make no mistake as to whose policies these are that will destroy our economy. As businesses leave, and people scale back, and jobs are lost, there will be less revenue to tax, and as history has shown us time and time again, and the media and the democrats are poor students of history, the economy will shrink, the GDP will shrink, over all wealth will decrease, and tax revenues will fall dramatically. Welcome to the era of the Obama tax increases.”

    • Mark

      Obama thinks that he can win this battle of the blame. He wants Queen Nancy in power again for his last two years and then the fireworks will begin. Police state here we come. Queen Nancy might even grant Obama a third term and a fourth. Remember they think that the Constitution is a living thing that changes with the wind. Queen Nancys wind. lol

  • cannuck21

    So when interest rates rise…..maybe but consider what happens if or when they do so.

    “The purpose of Q.E. is to keep the prices of debt, which supports the banks’ bets, high. The Federal Reserve claims that the purpose of its massive monetization of debt is to help the economy with low interest rates and increased home sales. But the Fed’s policy is hurting the economy by depriving savers, especially the retired, of interest income, forcing them to draw down their savings. Real interest rates paid on CDs, money market funds, and bonds are lower than the rate of inflation.

    Moreover, the money that the Fed is creating in order to bail out the four banks is making holders of dollars, both at home and abroad, nervous. If investors desert the dollar and its exchange value falls, the price of the financial instruments that the Fed’s purchases are supporting will also fall, and interest rates will rise. The only way the Fed could support the dollar would be to raise interest rates. In that event, bond holders would be wiped out, and the interest charges on the government’s debt would explode.

    With such a catastrophe following the previous stock and real estate collapses, the remains of people’s wealth would be wiped out. Investors have been deserting equities for “safe” US Treasuries. This is why the Fed can keep bond prices so high that the real interest rate is negative.

    The hyped threat of the fiscal cliff is immaterial compared to the threat of the derivatives overhang and the threat to the US dollar and bond market of the Federal Reserve’s commitment to save four US banks” Source Paul Craig Roberts.

    Now is the time to begin preparing – time is moving on.

    Take care everyone

  • Mark

    Why do you state that seniors will be cheated out of 130 billion if they change the way social security raises are added up. They are not being cheated out of anything. The Supreme Court in the past has said that social secutiry is not a right. You really need to write an article based on Helvering vs Davis from May of 1937. We were promised a rose garden and all we get is a ponzi scam. If you really want to balance the budget, everyone needs to take a cut or at least a freeze in their checks. At least address these spending issues concerning social security and medicare Thanks!

    • markthetruth

      your right social security is not a right in the sense if you don’t work , but it is a forced 401k with payments
      t

      • Mark

        If you read Helvring vs Davis, the holding from the Supreme Court states that all of the money from the employer and the employee shall go into the general treasury and it can’t be earmarked for something. That means that the payroll TAX collected is the same as any other TAX. Tell me of any other tax that you have a claim on. When you pay sales tax, is that part of your forced 401K or when they take each week from your paycheck withholding tax towards your income tax, is that part of your forced 401K, or when you pay property tax, is that part of your forced 401K and so on with every other tax you pay.You don’t pay income tax if you don’t work.The money collected comes out of the general fund and then the congress decides where it goes and the terms you need to complete to get the money. How is that any different than any other type of welfare handed out by the government. Sure the rules to collect are a bit different than regular welfare. The rules are not income based on your wealth as other types of welfare. Instead of being poor you have to be a certain age. and yes you needed to have paid a certain type of taxes in the past. So what, those are just rules congress makes, they make rules for everything we do in life these days. The fact is it is still a form of welfare.The same goes for medicare. The amount we have been taxed is nothing compared to the cost of the payout today. All of these programs are called socialism.

        • markthetruth

          This is because it was intended to be called a withholding for FICA as any other insurance policy you pay for. but for our stupid government they found it more convenient to call it a tax. crooks. Plain and simple.

          • Mark

            You need to read your history. It was the Supreme Court that set the basic rules. This was because at the time the insurance companies sued the government for trying to sell forced insurance called social security. The Court agreed with the insurance companies, but at the sames time FDR threatened to pack the Court with more of his supporters. So the way out for the Court was to kind of give FDR what he wanted and allow social security to go forward as a tax. Since it is a tax, congress can spend it as they wish. And spend it they did.

          • markthetruth

            exactly crooks. Thanks to the teamsters for that, who controlled the insurance industry at the time. So it was the teamsters union more then the insurance companies who sued.

          • Mark

            I understand that several insurance companies sued at the time. Insurance are rather large and I would be surprised if the teamsters had that much control.

    • Hambone

      SS is a total Ponzi scheme. But then again, so is our entire economy.

  • http://www.facebook.com/joe.kleinkamp Joe Kleinkamp

    Obama and Boehner are playing political games over how to reduce the deficit by $2 trillion over ten years. In the summer of 2011, when the Super committee thought sequestration would be a fail safe a deterrent to their own inaction, the national debt was $14.3 trillion. Now, seventeen months later it’s $2 trillion higher. So a deal now comes down to taking until 2023 to pay for the damage done over the last seventeen months while each of our impotent leaders stands in front of the cameras blaming the opposing party.

    • Hambone

      A $2T reduction in the debt over 10 years means we accumulate another $8T in debt over the next 10 years, right?

      When my older kids are in their 20s, the debt will be $24T, China will own half of the country, and Barry will in his fifth term as US President. Don’t give me any of that 22nd Amendement stuff either.

  • liberranter

    For the one-hundred=thousandth time: This is not Barack Obama or John Boehner’s idea or their doing. These two sad-sack puppets are merely doing their bankster-MIC masters’ bidding! If it were Mitt Romney and Nancy Pelosi in these two offices, they’d be doing THE EXACT SAME THING that Obama and Boehner are now doing.

    • JustanOguy

      Exactly! Everybody needs to wake up and realize it’s a Washington District of Corruption / Wall St. problem and has nothing to do with what Political Party is in control.

      • Josephene

        Michael,
        What makes you think they’re thinking???

    • Blair T. Longley

      Yes! What is worse is that the puppet masters are the people who got away with the false flag attack on 9/11/2001. The American economy is being DELIBERATELY DESTROYED. That was symbolized on 9/11. That there were never proper investigations of those mass murders paved the way for more and more mass murders, beyond comprehension.

      The people pulling the strings of the political puppet intend to finish destroying the democratic republic that was America. The economic insanities make no sense, other than they are being driven by those whose long-term agenda requires the USA to be destroyed.

      The current political puppets were picked to advance that agenda, and any of their fake opposition WOULD have ended up doing similar things, to achieve the same end goals.

  • Mondobeyondo

    I’m not Nostradamus, but I can tell you – there will be no resolution to the fiscal nightmare before January 1st, 2013. Yup, we’re going to do what Thelma and Louise did – drive this country right off the fiscal cliff. Enjoy the ride. And remember – it’s not the fall that kills you, it’s the impact!

    • richard

      Your funny !!!

    • 2Emelia2

      Despite what the state run news media says, the reality that the U.S. has been over the fiscal cliff for sometime now. We’re on the downward spiral and the impact will be devastating.

      • liberranter

        Yup. The ultimate “impact” will be the implosion of the dollar. We might all want to read up on the history of the Weimar Republic in Germany, circa 1922-1923, for a primer on what we can expect the impact on our daily lives to be.

      • JustanOguy

        Absolutely…. the debt inflection point already hit and there is nothing that can be done to stop it unless there are some major changes that are going to hurt.

        And neither party is going to change the ways in the District of Corruption.

    • Hambone

      I am not sure if there will be a specific line in the sand… I think we are the proverbial frog in the boiling pot of water.

      More to the point, I agree with Emelia — we are already on the journey and spiraling downward. It’s happening gradually enough that most people don’t notice and are looking for a specific, definitive event to mark the “going off the cliff.”

      No, I think prices will continue to rise, jobs will continue to be harder and harder to find, and all of the bad things that come from those factors will continue to grow.

      The grocery store is the best place to find evidence. Package sizes are decreasing an ounce at a time, and prices are going up a dime at a time. I noticed when I had an old box of something and a new box of the same item in my pantry. Sneaky bastages!

  • Harry

    They’re both lunatics. If spending cuts equal the same tax increases, looks like revenue neutral. Just leave things as they are…

  • Mondobeyondo

    On the first day of Christmas, my government gave to me…
    A pigeon in a palm tree…

    (don’t worry, it gets worse.)

  • 2Gary2

    Tax the rich and spread the wealth–problem solved

    • Mark

      Gary, you forgot to add “and print more money”. More problems to come. lol

      • 2Emelia2

        Taxing the rich and spreading the wealth will not solve the problem. The problem is that the U.S. debt has grown to such an extent that confiscating all of the income of all the rich people in the world would not make a dent in the TRILLIONS of dollars of debt that has been created. The U.S. has been borrowing money from countries like China and the Fed has been printing billions of dollars. This will all have to end at some point and the U.S. may end up of defaulting on this enormous debt. Is it any wonder that the Democrats are proposing new gun bans?

        • Mark

          I had hoped that all would have caught the humor about my comment to Gary.

    • Ralfine

      Tax capital gains and rental income the same way as wages.

      Make sure tax is paid before money is sent abroad.
      Make sure international companies pay tax for income earned in this country, regardless of supposed losses in other countries.

      In China you can only borrow money from companies that have a moneylendig license. That is banks and it excludes the foreign headoffice. This way you can’t “borrow” money from headoffice and declare profit transferred abroad as “repayment” for the loan. If you need cash in China you can only take a loan from registered banks within China. For any money sent abroad you need to pay tax first.

      • 2Emelia2

        How much does the Communist Party elite in China skim off of the taxes that are collected for themselves?

        • Ralfine

          Compare them with the Congress and Senate members and the Lobbyists.

          It is more like insider trading.

          The party official knows the plans for the city development for the next 20 years, so his family can buy property along the planned metro line.

          The official salary of a party official is ridiculously low. Like $80 per month.
          It’s his wife that owns the millions.

          If they fall out of favour they are usually executed for embezzling.

      • Mark

        Rental income is taxed as unearned income. This is taxed at the same rate as wages. The only difference is that on unearned income you do not contribute towards the payroll tax. Remember folks that social security is based on your wages and not your investments.

    • Ralfine

      Not really.

      Instead, increase the wages, reduce the dividends. Cut out the government middle-men.
      Make the companies pay their workers, not the taxpayer.

    • JustanOguy

      Tax the rich 100% and you still won’t see a dime.

      It just means that the Washington District of Corruption will waste more money.

    • Mondobeyondo

      Nope, not really. Tax the rich, and you will have a whole lot of formerly rich people becoming suddenly poor. Just like the rest of us!

  • Hambone

    Who even thinks like this? Are these humans?

    Imagine your family spent $10,000 per year more than you brought in. You and the wife sit down to work out a budget. In your plan, you figure out a way to get $1,000 of extra income, and you also find $1,000 in spending cuts, both per year. You have now reduced the debt you accumulate from $10,000 a year to $8,000 a year.

    Then you emerge triumphant.

    Just on the numbers alone, how is this a good thing?

    Our government is run by childish, irresponsible morons.

    • liberranter

      The one major difference between the typical family and a national government is that a family cannot print up its own fiat currency on an infinite basis to sustain its runaway spending habits. That national governments can, and routinely do, is why we’re in the mess we’re in.

      Simple solution: Back to the gold standard!

      • http://www.facebook.com/james.b.wood James B. Wood

        Even with a gold standard, the urge to move to a fractional reserve system and issue more credits than there is gold is, historically, irresistible.

  • JustanOguy

    Reducing projected spending increases $1 Trillion is not a budget cut.

    Federal Budget in 2000 = $2 Trillion.
    Federal Budget for 2013 = $3.8 Trillion.

    Pretty simple to see what the problem with this country is…. It’s the money thirsty Washington District of Corruption and Wall St.

  • sharonsj

    I’m more worried about these rat bastards taking away from poor, elderly and disabled Americans. The average Social Security recipient and the average Welfare recipient are at poverty levels. But all you hear about are “entitlements” causing our financial problems.

    Not one word about all the giant corporations that pay no federal income tax or about the massive corporate welfare. I bet nobody here understands just how much taxpayer money is given to private companies while the rest of us go broke.

  • http://www.facebook.com/alice.donati.792 Alice Donati

    The financial cliff is the only proposal that makes sense to me financially…We have to stop the maddness of printing, borrowing and spending, with no balanced budget in sight…Lets hold hands as one country and make the jump, for the future of our children. After all, we are the ones who created this problem, and we are the ones to be held responsible….Let’s do it..Let’s leave them a debt free country…

  • Olyfreeoly

    Oh ,Please. Your title should read “What Is John Boehner Thinking?”
    Obama is doing exactly what he said he was going to do and moving forward with it.
    The so called cliff is only a bump, that can be dealt with without loss of life.
    Just hold on to your so call riches and wealth and enjoy the ride.

  • Mark

    With the Federal Reserve speeding up the presses into electronic overdrive. The digital dollar world has gone into hyper drive and will turn into hyper-inflation. I have been taking advantage of using soon to be useless dollars and bought 5 tons of hard spring wheat, cleaned in 50 lb bags at 20 cents a pound. We did not need anymore wheat, but it was to good to pass up. I decided to spend a little more and put most of it into 7 mil thick mylar bags. If I don’t need the wheat for ourselves, it makes great cow feed.I put the mylar bags of wheat into 55 gallon drums that were free and it is good for 30 plus years. I guess if a collaspe happens, we can become a country bakery and make bread for barter. A wood fired brick oven would work out fine. I doubt that most people would want the wheat as they would not have a grinder or know what to do with it. Keep on prepping folks because this printing can’t go on forever without some pain on your wallet.

  • Yah Speaks Now

    “”Thus says The Lord of Hosts to all the sons and daughters of this, the last generation of men: You have all inherited the error of your fathers! You have altogether become like them! Behold, you have surpassed the sins of ancient Egypt, when I poured out My wrath upon them! Your wickedness has increased beyond every tribe, people, and nation, which has dwelled upon the earth!… THIS GENERATION IS WICKED BEYOND MEASURE!

    Thus great wrath is stirred up and My indignation has come to the full! My anger is fully aroused and shall surely be poured out!… RECOMPENSE for all nations! RECOMPENSE for all these churches of men who have spoken presumptuously in My name! RECOMPENSE for all these corrupt workers who have done falsely on My behalf!… I HAVE NOT SENT YOU!

    And you, O peoples of the earth, I have seen how you perform every form of evil at your leisure! You cease not from reveling in that which I hate! Behold, you murder the innocent day and night and plot evil against your neighbor! You stand up for the rights of those who commit abomination and clap your hands as wickedness is celebrated openly in the streets!… O MOST PERVERSE AND ABOMINABLE GENERATION, SHALL I NOT REPAY?!

    Behold, My body is persecuted in every land, and My bride is murdered at the hands of idolators! My people are bruised and beaten! My servants slandered and hated, without cause! Therefore I am come down to take vengeance, to pour out wrath upon this people for all their wickedness!… I SHALL IMPART RECOMPENSE IN FULL!””

    THE TIME HAS COME!…

    Hear the WORD of the LORD spoken to THIS modern generation!…

    Letters from God and His Christ, given to a modern man for modern man’s sake!

    TrumpetCallofGodonline . com

  • sharonsj

    Both parties are corrupt and are owned by big business. All I hear about are how the poor, elderly and disabled aren’t paying their fair share. But there are 20 mega-corporations that pay no Federal income tax and there are thousands of businesses that get corporate welfare. No politician (and not even the media) mentions the taxpayer money going to those businesses. Instead the middle and lower classes continue to get the shaft.

    The rest of the globe is going into recession and depression. Instead of helping average folks, the money is going directly to the financial industry, the military/industrial complex, and to the politicians. So that’s why you see the Middle East and Europe going up in flames–because their citizens are broke, starving, and can’t afford health care. If the politicians here institute austerity, but continue to give money to Wall Street, we’ll see more rioting, protests, and crime right here in the U.S.

    The preppers have the right idea. You better start growing your own food and stocking up on emergency equipment, because you’re going to need it.

  • SMASH THE CONTROL MACHINE

    It won’t happen this week or this month, but it will happen soon enough.

    IF THE BIBLE IS RIGHT BABYLON FALLS IN ONE HOUR IT MUST BE HIGH FREQUENCY TRADING!!!

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