The National Debt has continued to increase an average of
$3.88 billion per day since September 28, 2007. Meaning that in order to pay off the debt, each U.S. citizen would have to cough up $344,767. And most of that would just go towards paying back China and Japan for footing the American bill. Leaving no money left to go out for ice cream afterward!
I'm sure everyone can relate, but lately all I hear about is "catastrophic economic disaster" this and "impending doom" that.
and yes, these are really tough times for the people whose 401(k)'s have been dissolved, for the homeowners who couldn't make their mortgage payments and the people who have lost their jobs, but still have mouths to feed.
but really, why not just LET IT FAIL!?
this system is not sustainable and never was!
let me explain:
The American author and social critic, James Howard Kunstler wrote a very curious book:
World Made By Hand focuses on a small community of people in Upstate New York who survive the unraveling of the modern world. It is set in post- peak oil America after the downfall of the economy and the capitulation of the government. Money, cars, and electronic gadgets are nothing but specters of what once was- and have been rendered useless. Now, everyone has returned to a simple, agricultural lifestyle. There are rumors that there may be a president and that he may be somewhere in the Midwest but no one knows for sure- and people are generally left to themselves, taking survival and security measures into their own hands.
The novel seems prophetic in many ways with the exception of one thing- in the book, the government just sort of "fades into the sunset," peacefully.
I doubt we will be so lucky- about the government part.
BUT- it is blatantly obvious that we are swiftly headed towards living the life described in this book.
A government collapse is inevitable.
The main reason being that it can no longer keep itself afloat financially. The U.S. Gov't is currently functioning at a deficit and China has become tired of buying U.S. debt.
Keith Bradsher of The New York Times writes: "China has bought more than $1 trillion of American debt, but as the global downturn has intensified, Beijing is starting to keep more of its money at home, a move that could have painful effects for American borrowers."
Why do empires fail?
well, one major reason is BECAUSE THEY RUN OUT OF MONEY!
Also, the gap between the rich and the rest of the population has grown to a record high. the wealthiest one percent of the population have never had it better, while the remaining 99% of the population (the middle class and the poor) have never suffered harder in all of history. Middle class people between ages 55-60 who have worked for 20-30 years have lost an average of 25% off their 401(k). Meanwhile, the wealth of the 400 most affluent Americans has increased by $30 billion dollars (combined, that equals $1.57 trillion)
And the final nail in the U.S. Coffin will be Obama.
"I don’t mean to dismiss the Obama myth, his words, the change we need is real, its just his actions don’t even come close to measuring up. Just read the legal documents he has signed his name to. Read them. His actions are most often the opposite of what he says. I venture to say a 10 year old can recognize that after doing a school day’s worth of research.
Obama is a national tragedy. He is a symbol of the times. He is not a leader, just a symbol. He projects the change we need. He was our shortcut to correcting our diseased political system, a way to rid it of corruption. He symbolized the change millions so desperately need. People came out in the millions for the first time "hoping" if they could work and organize to put him in office, we would have some representation to defend against the economic elite that have put the overwhelming majority of US politicians on the payroll and brought humanity to a breaking point.
People just need to research how the Obama myth was hatched. Goldman Sachs saw Obama early on and said, "He's our guy!" When Obama became THE MAN in Iowa, he was on the Goldman Sachs payroll. Goldman financed the psychological operation that is the Obama myth, the Illusion of HOPE - something to keep a suffering nation pacified just a little bit longer. Obama is truly a national tragedy. His failure and inaction has disillusioned millions upon millions of desperate citizens who turned to him as their best chance for justice.
As further evidence of Obama’s duplicity - beyond repeatedly signing his name to documents covering up the Bush Adminstration’s highest crimes and increasing an already bloated military budget - in one of his very first moves as President he put Goldman Sachs’ criminal mastermind Tim Geitner in charge of the treasury.
A new report from the TARP Inspector General further exposes Tim Geithner’s role "in overpayments that put billions of extra tax dollars in the coffersof major Wall Street firms, most notably Goldman Sachs."
Which brings us to the ultimate theft of wealth in history, and to the root cause of our current crisis." (DeGraw)
Never before has the U.S. Government screwed its own people so horribly. The average citizen is functioning with very little means, almost no income and crippling debt.
All that being said, I was glad to read these fun facts:
* The gun and ammunition manufacturing industry in the United States has over 200 companies producing billions of dollars in annual revenues. This huge manufacturing base cannot fulfill demand quickly enough. The demand for guns and ammunition has hit a record high and the gun industry cannot produce enough bullets to keep up with orders.
* In the past year, 100 new armed militia groups have been formed, as militia members have doubled in numbers. Federal authorities are gravely concerned about the "uptick in militia activities." One federal authority recently said, "All it’s lacking is a spark. I think it’s only a matter of time before you see threats and violence." (DeGraw)
The good news is that the enemy has made itself known- and if these gun- toting militias can keep their heads screwed on straight, they can keep from destroying eachother and go after the increasingly corrupt U.S. government. Who knows what kind of madness can be spawned by such a situation as this? Fifty million people who are desperate, broke, starved and armed are just supposed to sit back and watch while the richest one percent of the population flaunt their hedonism before everyone's eyes? Yeah fucking right! Obviously, there are still some ballsy Americans out there, ready to bring the scenario in World Made By Hand to fruition, instead of just withering up and dying like many people will.
BRING IT ON!!