Guest Post: The Show Must Go On

Tyler Durden's picture

Submitted by Jim Quinn of The Burning Platform

The Show Must Go On

The Debt Ceiling Reality Show is winding down to its dramatic
conclusion on August 2. I think Fox should capitalize on the drama by
gathering the American Idol judges to vote on the best performance by a
political hack. We can have Ryan Seacrest announce on August 1 at 11:55
pm that the winner is – THE WALL STREET MONIED INTERESTS.

 

The latest round of kabuki theatre performed by the corrupt lying
thieves in Washington DC is being played out every night on the MSM. The
volume of misinformation, lies, exaggerations, posturing, and
propaganda is staggering. These vile excuses for leaders know that 80%
of the American population wouldn’t know the difference between a debt
ceiling and a drop ceiling. They use this ignorance to their advantage,
as Obama warns that old people won’t get their social security checks
and government drones won’t be paid. 

According to Gallup, Republicans and Independents don’t want the debt
ceiling raised. The poll also indicates that at least one third of
Americans don’t care. They are too outraged by the Casey Anthony verdict
to focus on the economic future of our country.

Debt Ceiling Poll

I’ll let you in on a secret. The debt ceiling will be raised. Sorry
to ruin the surprise, but this entire sordid episode has nothing to do
with our dire economic situation. It is solely about the 2012 elections.
Both parties are conducting overnight polling on which talking points
are working best in convincing the sheeple that their party is less
likely to be blamed. Posturing and polling are what passes for
leadership in America. It is a disgusting display and will contribute to
the ultimate collapse that is headed our way like a Japanese Bullet
Train.

Here is a summary of where we stand according to the MSM and the political class in Washington DC:

  • The supposedly grand compromise that would have “cut” $4 trillion
    from future deficits fell apart last week. The Democarats wouldn’t “cut”
    entitlements and the Republicans wouldn’t “raise” taxes.
  • The latest proposal was down to $2 trillion of future “cuts”, but neither side would agree to what and when.
  • Now in the ultimate Washington kick the can move, Mitch “Turtle
    Face” McConnell has proposed that Obama increase the debt limit in three
    stages, while requiring him to propose offsetting spending cuts,
    offering a potential path out of the impasse. Harry Reid loves the idea.
    I’m sure that gives you a nice warm feeling, like piss running down
    your leg.

This “solution” cuts nothing. Neither party wants to get blamed for
shutting down the government. The Republicans blinked first. Honor,
truth, and reality based solutions are non-existent in Washington DC.
Weasels can never be trusted around the chicken coop.

The humorous part of this whole disgusting episode is that the $2
trillion or $4 trillion of supposed cuts in spending were not cuts at
all. They were nothing but lower increases in future spending. They
didn’t cut the national debt. Neither party has come close to presenting
a plan to cut the national debt. Mike Shedlock presented a comparison
of Obama’s ten year budget versus Paul Ryan’s ten year budget back in
April. Take a a gander:

  

Even using ridiculously optimistic assumptions like interest rates
staying low, no new wars, ending existing wars, no recessions, and no
new programs, both of the corrupt political parties show ongoing
deficits of $500 billion to $1 trillion per year forever. Does that
sound like cuts in spending? The proposed reductions in spending
increases are like pissing in the Atlantic Ocean of debt.

And here is where the rubber meets the road. Both the Democrat and
Republican budget plans insure economic collapse within the next ten
years. Again, using ridiculously optimistic assumptions, our National
Debt would rise from $14.3 trillion today to between $23 and $26
trillion in ten years. Does that sound like cuts in spending to you?

Luckily, we’ll never reach those levels. We will hit $20 trillion in
debt by 2015. That is a lock. Total Federal government revenue today is
$2.175 trillion. We spend approximately $1 trillion per year on our
military related adventures, or 46% of our total revenue. If interest
rates are 5% in 2015, we will spend $1 trillion on interest. If rates
are 10%, we will spend $2 trillion on interest. 

Do you get the picture? An unsustainable trend will not be sustained.
We have two choices. We can proactively address the problem or just
wait for the collapse of our economic system. This debt ceiling reality
show is all the proof I need. Our leaders will choose to wait. It won’t
be long.

Since no one in Washington DC can be depended upon to do the right
thing, the only solution is to pass a Balanced Budget Amendment to the
Constitution. Special interests across the land would mobilize all their
forces to fight this idea. Deficit spending of $1.5 trillion per year
enriches bankers, bomb makers, the AARP, mega-corporations, chain
stores, restaurants, insurance companies, drug makers, etc. They will
fight for their right to suck the country dry.

No matter how you cut it, H.L. Mencken understood our form of governing:

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doomandbloom's picture

show must go on

and it will ....

 

as i said before this debt ceiling thing is the best reality TV we will ever see....everything will work out...

max2205's picture

Mitch “Turtle Face” McConnell ....omfg!!!!!

CompassionateFascist's picture

Never trust a man with no chin. Wow! yourz is in color!

CSA's picture

Yeah, that "turtle face" shit was funny.  Probably stole it from someone else, but most funny things are anyways.

Sudden Debt's picture

2015....  2021?!!

 

I AIN'T GOT THAT MUCH TIME FOR THIS SHIT TO HAPPEN!!!

THIS SERIES IS ALREADY RUNNING 3 YEARS IN A ROW!!!

 

I WANT TO KNOW THE ENDING!!!

WHO GETS KILLED, WHO GETS THE GIRL, WHO CHEATS ON WHO...

 

I KNEW THIS WAS GOING TO END UP LIKE THAT SERIES LOST....

Keeps on going and going, AND THE END, MY GOD THE END SUCKED!

 

SWRichmond's picture

Already three years of 10%-of-GDP deficits.  We're dead mates.  2021 doesn't exist.

RockyRacoon's picture

What happened to the H.L. Mencken quote at the end?

Hedgetard55's picture

Gold and silver, bitchez.

Sudden Debt's picture

well, if those keep on rising for the next decade I'll just ride it out.

50% a year should do it.

 

Sudden Debt's picture

just thinking....

100% a year is better.

Piranhanoia's picture

Using the difficult to find talents of the panel of Am er.. I can, I Doll!  would be highly appropriate on politicians with difficult to find bank accounts.

 

dick cheneys ghost's picture

Good Read......thanks for sharing.......

Jim Quinn's picture

It's missing the H.L. Mencken quote at the end:

”Democracy is the theory that the common people know what they want, and deserve to get it good and hard.”

 

samsara's picture

. all the odds are on the man who is, intrinsically, the most devious and mediocre — the man who can most easily (and) adeptly disperse the notion that his mind is a virtual vacuum. The presidency tends, year by year, to go to such men. As democracy is perfected, the office represents, more closely, the inner soul of the people. We move toward a lofty ideal. On some great and glorious day, the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron."

  --   H.L. Mencken  July 26, 1920, wrote in The Baltimore Sun: " .
Logans_Run's picture

Oh praise for that day because we have obviously arrived!

CompassionateFascist's picture

That's already happened about 30 times. Woodrow Wilson, erudite moron: Fed, Inc Tax, WW I.

NotApplicable's picture

Seemingly it's the rule rather than the exception.

DosZap's picture

Sure am glad we are not a Democracy......................whew.

Shell Game's picture

That does complete it nicely. Thanks, James, great article.

BobPaulson's picture

My biggest fear has always been what the military and secret polices do when they become underfunded. When their only remaining assets are their infrastructure, they will become increasingly inclined to leverage it if paycheques stop or shrink in any painful way.

cougar_w's picture

Interesting point. However if it really came down to it a good part of the military is in no position to fight on home ground, and the ones that are will have to find their own way home from far away.

I am less worried about the military than I am the cops. If the ax falls in a big way the interesting turf wars will be local and may have already begun.

MachoMan's picture

What the fuck are you guys talking about?  The police will be too busy lobbying/protesting for entitlements to do any real work...  already saw this in my city with the last sales tax increase...  (it was a trifecta of government awesomeness: teachers, police, firemen all joined forces to get a tax hike).

You need to worry about what happens when there is a power vacuum and who fills it (it will be filled, at least in large part...  although, not necessarily immediately).  Don't worry about the guys who used to stuff kids in lockers in high school...  they'll have other shit to worry about...  and, in all likelihood, will be on your side.

BobPaulson's picture

When the Soviet Union went TU, the rapid integration of the KGB and mafia was very spooky. The most armed and dangerous out there in the US are related to the "war on drugs", though many there are already rogue in spite of spin to the contrary.

I just came back from 6 months living in Mexico, and of course there the underfunded military poses a continual threat to their futile prohibition warz guided by the DEA.

A complete breakdown results in people with arms and training having to become security entrepreneurs: a devilishly grim euphemism for protection racketeers. As for the spooks with access to covert ops hardware, I can only guess what kinds of activities they will fall back to after their first paycheques are too inflated to buy a loaf of bread.

cougar_w's picture

security entrepreneurs

Thank you for that one.

DosZap's picture

cougar,

I (at least) am hoping hopium, that the military will end all this silliness and remove the current govt, and have a new one set up.

Constitutionally, with NO Old members allowed unless the Military leaders know them well, and trust them to actually go back to Const Gv't.

Wishful thinking I know.

However we need to be aware that orders have been given, and two major command centers w/ a minimum of 20,000 soldiers are on ready alert at each facility, at northern command center, and southern command center.

That said,I agree the turf wars have begun.

Against retailers............

The NEW PHENOM is GANG ROBBERY of stores,malls,etc.

I know you folks have seen it on the news.

Started w/30 in a convenience store, and then has already started escalating .

Last one was at least 100 in a Mall, they enter rapidly, and overcome all security by sheer #'s no violence, and take what they can carry, and leave the same way.

Look for more Monkey See Monkey Do here..............there is no reprisal.

Even if Cops were present far too many for a handful of officers to even slow up.

toady's picture

this is where the automatic weapons come in. after half of 1 of these groups is gunned down they will think twice about doing it again.

this kind of stuff won't happen until the big crash though...

HungrySeagull's picture

AutoYou will do well to consider buying stuff online and having mr brown deliver it instead of going to malls and such places that these mobs gather.

If you live in a good sized town or city, now is the time to move the fuck out because with copper at 460 a pound they are stealing the shit all over. I have a few cameras watching my ground wire at the moment. Much good they will do anyway.

I expect them to go for the service drop pole and cart off the 100 pound 50 year old copper internal transformer if they survive the theft.

Dreadker's picture

I wouldn't be surprised if the 'lost legions' scenario arose - like happened to the romans... sorry service members... we can't afford to fly you home in a C-130 - your're all resourceful - figure it out yourselves....

And those here no doubt will sell weapons on the black market to support their families... been happening in argentina for years now ;-)

cossack55's picture

Reminds me of Prague in 91', the poor soviets would sell you anything. Tanks, rocket launchers, RPGs, submarines, destroyers. Taking delivery and transporting to US was a problem.

ThoughtCriminal's picture

... wives, girlfriends, neighbors' daughters, ...

DosZap's picture

cossack,

Taking delivery and transporting to US was a problem.

 

Somehow I do not believe this, as there are SO many ports, and landing sites/small planes, and beaches, not under the eye of Sky Net.

Not enough people or equipment to stop it.

 

The fun begins when the gangs,B & C's, supplied w/FA AK's(by a  left nameless in house tax funded group).

Turn them into legalized door to door ops.

 

Of course they were set up,(dumb as a box of rocks) and are/will be cannon fodder, but it will serve two purposes.(for those that enlisted/furnished them w/hdwre)

 

If and when they are given the GO.

 

I am sure some of you are aware/remember this televised report from several years back.

Spastica Rex's picture

Are there any queers in the theater tonight? Get 'em up against the wall. There's one in the spotlight, he don't look right to me: get him up against the wall.

caerus's picture

caught waters show in houston...it was awesome

Spastica Rex's picture

I saw him in Tacoma with my 15 year old son! One of the highlights of my life.

caerus's picture

Same here!  Sounds like your son has some good taste in music

sdmjake's picture

"Who let all this riff-raff into the room?"

CompassionateFascist's picture

better still. That's one group entitlement that needs to to ne quickly liquidated.

buzzsaw99's picture

end the fed, problem solved.

Dreadker's picture

just hand over the printing to the robo machines... they control the markets anyways... we should all just submit to skynets ultimate plans ;-)

kito's picture

"We can proactively address the problem"

how?

really?

how?

HungrySeagull's picture

PPhysical metals and wait a while.

 

Eventually you should be able to buy a home of your choice anywhere with a coin or two.

john milton's picture

the one who uses the mushroom cloud card first will win

cougar_w's picture

That's what they are all thinking, anyway.