“Without warning he will enter the richest areas of the land. Then he will distribute among his followers the plunder and wealth of the rich–something his predecessors had never done. He will plot the overthrow of strongholds, but this will last for only a short while.”
–Book of Daniel 11:24
From the mouth of dear leader:
“Too many folks still don’t have a sense that tomorrow will be better than today. And so, the question in this election is which way do we go?” President Obama asked at a fundraiser in Chicago on Sunday.
“Do we go forward towards a new vision of an America in which prosperity is shared?” Obama asked. “Or do we go backward to the same policies that got us in the mess in the first place?”
“I believe we have to go forward,” Obama said. “I believe we have to keep working to create an America where no matter who you are, no matter what you look like, no matter where you come from, no matter what your last name is, no matter who you love, you can make it here if you try. That’s what’s at stake in November. That’s what is why I am running for a second term as president of the United States of America.”
I have one question for dear leader: the United States is the most prosperous and most powerful nation in the world. How did that happen? Was our nation built on the foundations of Marx and Lenin? Or was it established under the tenets of freedom and liberty for the individual–which means freedom in assemblage and business?
When the folks who climbed aboard those leaky little boats to reach the shores of America a few hundred years ago, following a treacherous journey across the Atlantic toward an unknown New Land, were roads and infrastructure there to greet them? Was there an official government “entity”–some thing, not an individual(s), mind you (see Citizens United v. Federal Election Commission)–on the shores to provide some sort of currency so the new immigrants could move inland and purchase foodstuffs and shelter? Or were they just given food and shelter by government entities right there on the beach? Did “government” do that?
Who built that?
Under the so-called leadership of the progressive democrats, the U.S. has seen its national debt skyrocket to unimaginable levels over the past 80-plus years. It is the progressive democrats who have implemented the progressive income tax scheme (16th Amendment), thereby punishing those at the highest tax brackets with ever higher taxes, while arrogantly demanding that the highest income earners pay their “fair share.” Additionally, the democrats, who have controlled the halls of Congress for many years now, have continued to spend the largesse of the people with reckless and utter abandon. It is truly criminal.
We, as a nation, are now, under Obama’s watch, approaching financial Armageddon. When FDR took over, back in 1933, we saw the dumping of the gold standard and the complete reliance on the Fed to give our currency “value.” The debt shot up dramatically–some 22 billion-plus dollars. Now, our debt is near $16 trillion dollars–with constant (some say “planned”) inflationary and deflationary cycles! Our GDP cannot sustain that sort of debt. And when one factors in the hundreds of trillions of dollars of unfunded liabilities to support massive entitlement programs … it spells … DISASTER … CATASTROPHE!
Let’s just go back to the year 1929. Our national debt was roughly $2 billion then. This was a manageable debt in relation to our gross domestic product (GDP) at that time.
Under Obama’s watch, at the end of the fiscal year 30 Sept 2010, the U.S. Treasury reported a debt of some $13.6 trillion. At that time, the Bureau of Economic Analysis reported a GDP figure of $14.7 trillion–resulting in a debt to GDP ratio of 93%. This figure is the sixth highest in U.S. history.
Following World War Two, after necessary massive spending, the years of 1946-1950 marked our nation’s highest debt to GDP spending–the worst being 1946, where the debt to GDP ratio reached 121%. But it was well understood, at the time, that such massive spending would not continue. In the 14 years following 1946, the Federal Government ran a fiscal deficit for seven years and a fiscal surplus for seven years. The whole point here, in aggregate terms from 1946-1960, is the national debt increased by 6%, while reported GDP increased 137%.
Ladies and Gentlemen, this is the worst thing I have ever seen economically in my lifetime. We are about ready to go over the cliff. O how my enemy must rejoice! I honestly don’t know if it can be stopped at this point. Our Federal Government shows no sign in stopping its voracious desire to steal and devour money from the American people and then turn around and have the audacity to demand that more Americans pay their “fair share.” Well, dear leader, pretty soon there won’t be anything left to share … you’ll be all dressed-up with nowhere to go.
Please tell America, dear leader, where your Marxian socialist-style notions of redistributing the wealth and the riches of others (“shared prosperity”) has ever worked–as the lower-classes (you know, Barry, the ones you never mention) groan and cry out under your merciless economic tyranny. Give me just one example of a Marxist-Leninist regime in history that has provided prosperity and freedom for its people–just one.
No, dear leader, you cannot, because no Marxist regime has ever provided prosperity or liberty for its people–quite the contrary. Communism/socialism has only lead to economic ruin and permanent revolution–never-ending problems, chaos, crisis, conflict, terror and death. It is not utopia (fantasy) that the communist creates–more like dystopia and hell.
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
–Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)