1. I’ll See Your Economic Collapse & Raise You National Demise
Excerpt:
So what's the endgame? First, our more than $16 trillion national debt increases by an average of $3.87 billion per day and amounts to $52,000 for every man, woman, and child. This will never be paid off.
Never.
Yet I do see one way out of our debt hole. When the profligates in government (and their sheeple voters) finally collapse the system, there won't even be a common
federal feeding trough to hold our culturally, ethnically, and ideologically balkanized land together. We then may dissolve as the Soviet Union did, with various states,
or blocks of them, going their separate ways. And guess who'd be left holding the bag? Note: the $16 trillion we owe is
federal debt, not state. And I'd just say, hey, Washington, D.C., you know that debt thing? Good luck with all that.
http://beforeitsnews.com/economics-and-politics/2012/12/ill-see-your-economic-collapse-raise-you-national-demise-2447196.html
2. We Don’t Make This Stuff Up
Surely there is a level of absurdity at which serious commentary is no longer required. Not only have we reached that level, but I believe we have moved well beyond it.
The Federal Government borrows money. To cover that new debt, the Central Bank prints up some crisp new bills in large denominations and purchases the debt.
What could be easier? And to make the deal even sweeter, so-called primary dealers (financial institutions, aka. the big banks) make a boatload of money acting as middlemen in those purchases. How sweet it is!
But there must be—harrumph! harrumph!— some Very Serious Purpose behind this transparent scam. And indeed there is. In fact, there are several Very Serious Purposes.
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