The Debt Ceiling, The Dream Act, And The Downgrade

It has definitely been a wild couple of weeks that continues to prove to me that nothing will ever change in Washington D.C.

We have seen a debt ceiling deal that does nothing to change the course our country is headed on.  The TEA Party has been called terrorists by Vice President Joe Biden, and demonized by some in talk radio and the IMPOTENT Republican establishment.

I don’t know how many times I’ve heard the Republican establishment wimps say, ” We only have one branch of government, how much can we be expected to do?”  Controlling one branch of government is all that is needed to prevent any bad bill from being passed!

THE SOLUTION SHOULD HAVE BEEN: Pass a spending freeze bill and cuts similar to what Sen. Rand Paul suggested ( a spending freeze and 1% cut each year for six years), and spend the rest of the time explaining it to your districts.  If the Senate and POTUS refuse to do anything with the bill, stay in your district and keep explaining it.  That is truly why we have a system of checks and balances.  The sky will not fall as they have led you to believe.

Patriots be happy to know that all your WI Republican Congressman voted for this “phoney reform” including media darling Paul Ryan.  The same Paul Ryan who voted for TARP and the Patriot Act extension.

Coming from the Democrats (aka Socialists & Communists) we expect this type of behavior because they have a globalist agenda to bring down America.  It is time people recognize many in the Republican Party also have a globalist agenda, have sold out, or are just too stupid to see what is going on.

Notice that the only Republican Presidential Candidates who were really speaking out against this bill before it passed was Ron Paul, Gary Johnson, and to some extent, Michele Bachmann.  The rest of the pack remained relatively silent on the bill until AFTER it passed.  Only when their words would no longer have any real impact on the debate / discourse did they actively speak against it.  Why? Because they wanted it the bill to pass.

The only way America can be brought down is if the middle class is broken.  They are in the process of doing this by growing the welfare state, continuing to spend like drunken sailors printing more and more money along the way, continuing to fight wars in the middle east that do not do anything to protect us, and continue to strip us of our rights in the name of “protecting us” while leaving us with open borders.

So what did we have?  Another manufactured crisis with an artificial timetable, a phoney debate with a phoney solution, a chance to demonize true patriots, and  a distraction from other things.  What other things?  How about this:  Dream Act: Obama passes amnesty by a back door ICE directive

We also have the credit rating of the U.S. now downgraded by S&P from AAA to AA+ .  This was probably going to happen anyway if real reform was not enacted and the downgrade was signaled weeks ago by S&P.  The prospective downgrade was also used as a scare tactic to pass the debt limit increase.  I have wondered aloud, “Who really owns these credit rating agencies and are the same people behind the Federal Reserve somehow connected?”  I do not know the answer, but it is definitely an intriguing question.

The downgrade will likely hurt the middle and lower middle class the most.  Mortgage rates will likely rise.  We’ll probably see more inflation and job loss.  Small businesses will not be able to expand and many will have to close altogether.  The retirement savings of many will probably see significant losses as the stock market continues to slide.

Consider finding ways to beat inflation and try to become more self reliant.  As the WI recall elections draw closer and closer, help fight to keep the Socialists from winning back the WI State Senate.  The only solution to this mess is through the State Sovereignty/ Nullification movement.

Hang on…it is going to be a bumpy ride.

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The Phoney Debt Ceiling Debate In Washington D.C.

Here is some thought provoking commentary from one of our members on the phoney debt ceiling debate going on in Washington D.C….

If anyone is by chance is still holding their breath about US debt and the current negotiations, feel free to relax.

Everything they are “scrambling” to do in Washington right now means, yep, absolutely nothing. No matter what they pass, even if it was 5 trillion, 6 trillion, 8 trillion……….does not matter.

Why, because they can call it a cut all they want to but it is not. The spending increases (NOT THE DEBT BUT SPENDING INCREASES) by law are set to increase every two year cycle. The negotiations for this current debt discussion are associated with a 10 year projection.

Yes, some like Rush and other radio guys will tell you that the AUTOMATIC spending increases over the next ten years will amount to 9 to 10 trillion dollars. That is above current day spending. So, do that math and cut 8 trillion dollars and the net result is not a cut at all but a 2 TRILLION DOLLAR INCREASE THAT THEY CALL AN 8 TRILLION DOLLAR CUT…………..

Yea, that kind of accounting gets the average business owner a room next to Charles Manson. Not so in Washington.

The funny thing is, is these guys can’t even agree to a ONE TRILLION DOLLAR or (let’s phrase that in true terms) a 9 trillion dollar increase. They are arguing over whether we will have a 9 trillion increase over ten years or a 10 trillion increase over ten years.

Oh, but it gets better. That 10 trillion increase is based on zero additional increases over the next ten years. It does not factor in the real Obummer Care costs of an additional (at least) four trillion dollars. It does not factor in the increase costs of an additional 2 to 4 trillion in debt service costs due to the additional borrowing we will be doing on a simple 2.5 trillion debt limit increase nor does it factor in the additional couple of trillion (minimum) in costs due to interest rates that will rise very soon.

The reality is, we are looking at a 25 to 30 trillion dollar spending increase over the next ten years. I take that back, if they pass the 1 trillion dollar HAAA HAAA HAAA cut, it will only be 24 to 29 trillion dollars.

That is not deficit, that is not debt, that is ONLY spending. Period.

So what does this all mean? It means the United States is only a year, or three at the most, away from total, absolute, economic implosion. Count on it.

If you are spending time watching what is going on in Washington with the hope that the “tea party republicans” can pull this one out, I would simply encourage you to use that time instead to read your Bible, learn a new survival skill, build your food inventories, etc.

Cause Rome is burning my friends and they are throwing logs on the fire. Far too many sheep out there actually believe the barn will still be standing for them in winter.

This is going to be ugly the likes of which history has rarely seen.

 

If You Are Against Raising The Debt Ceiling You Are Part Of Al-Qaeda?

We said it would happen…and it has.  While I’m not surprised, it is very concerning that this is coming from someone on the right.

From The American Dream:

Are you against raising the debt ceiling? If so, according to former Bush Treasury Secretary Paul O’Neill you are actually part of Al-Qaeda. Yes, seriously. During an interview on Bloomberg TV the other day, O’Neill actually made the following statement: “The people who are threatening not to pass the debt ceiling are our version of Al-Qaeda terrorists. Really. They’re really putting our whole society at risk by threatening to round up 50 percent of the members of the Congress, who are looney, who would put our credit at risk.”