Truth Before Dishonor

I would rather be right than popular

Posts Tagged ‘national debt’

What Our Future Holds

Posted by John Hitchcock on 2012/11/07

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover they can vote themselves largess from the public treasury.

From that moment on, the majority always votes for the candidates promising them the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.

The average age of the world’s greatest civilizations has been 200 years. These nations have progressed through this sequence:

  • From bondage to spiritual faith;
  • from spiritual faith to great courage;
  • from courage to liberty;
  • from liberty to abundance;
  • from abundance to selfishness;
  • from selfishness to apathy;
  • from apathy to dependence;
  • from dependency back again into bondage.

–Dr Alexander Tytler, Scotsman, history professor at the University of Edinborough on The Fall of The Athenian Republic around the time of the birth of the US

Having reelected a Socialist who has vowed vengeance on us and to bypass Congress and maintained a Leftist Senate which has refused to obey the US Constitution and Federal Law by refusing to write a Budget since April 2009, here are a few things I see in our future:

1. Energy inflation and food inflation (two items left off the “official” inflation rate) will continue to far outstrip the inflation rate, as the Obama administration bankrupts electricity producers and rolling black-outs become commonplace in this land of plentiful natural resources we will not be permitted to use. The inflation rate itself will necessarily heat up heavily.

2. Businesses will continue to downsize due to the undue burdens of catastrophic regulations and taxes, reducing the number of employees and turning many full-time positions into part-time positions, causing the official unemployment numbers to climb and the real unemployment numbers to skyrocket.

3. The poverty rate and dependency rate will climb higher, as fewer people work and more people hold their hands out for “ObamaMoney”, causing even greater harm to those who are the producers. The US will further cannibalize itself.

4. The National Debt will continue to skyrocket and deficit spending will once again increase year-over-year instead of decreasing, causing two more reductions in US credit ratings. The Fed, which has caused the absolutely inevitable skyrocketing inflation rate, will no longer be able to keep interest rates artificially low. The interest rates will jump 7 to 15 points in the next 4 years, causing the US debt service portion of the (unwritten) Budget to explode.

5. Social Security, Medicare, Medicaid, Welfare expenses will reach half the (unwritten) Federal Budget, and beyond, as each work to bankrupt themselves and the US.

6. Religious Liberty will be curtailed as Government forces Christians to either fund that which is immoral or dissolve their outreach programs. Churches will learn they cannot preach on certain subjects without fear of criminal sanctions.

7. Freedom of Speech, Freedom of Assembly, Freedom to peaceably protest the Government will be restricted. Our Second Amendment rights will be severely cut. Our rights against illegal searches and seizures will be infringed upon. The Ninth and Tenth Amendments, largely ignored now, will be blatantly curtailed.

In short, the “shining beacon on the hill” that was the Freedom and Liberty the US provided the world will have its 50,000 watt light removed and replaced with a half-watt red decorative light. The US has spent the last 30 years slipping from apathy into dependence. We are now sinking from dependence back into bondage. And it will take great men and women of steely resolve and moral strength to wrest this once great nation out of the entropic hands of the Socialists and the Dependent Class. And that means fighting both the Democrat leadership and the Ruling Class Republican leadership. Tooth and nail.

Are there enough of them left?

Posted in Character, Conservative, Constitution, Constitution Shredded, economics, Elections, Law, Liberal, Obama, Over-regulation, Personal Responsibility, Philosophy, politically correct, Politically Incorrect, politics, Religion, Socialists, society, Tax, TEA Party, war | Tagged: , , , , , , , , , , , | Comments Off

Congratulations to President Obama!

Posted by Dana Pico on 2012/09/04

He has achieved his goal early! The national debt stood at

$16,015,769,788,215.80

as of the end of Friday, August 31, 2012.

Taking the averages, I had projected that the national debt would cross the $16 trillion threshold on Thursday, when Barack Obama was delivering his acceptance speech to the Democrite National Convention, but the President exceeded my expectations, and got it done early.

Posted in Obama | Tagged: , , , | Comments Off

 
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