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Here's A Startling Fact About President Obama's New Budget

Tyler Durden's picture




 

Submitted by Simon Black via Sovereign Man blog,

On February 2, 493 AD, two barbarian kings signed a peace treaty pledging to lay down their weapons and rule Italy together.

 

The first king, Odoacer, had taken over Rome 17 years before in what most historians view as the official “fall” of the Western Roman Empire.

 

Theodoric, on the other hand, was the 39-year old king of the Ostrogoths who had moved swiftly into Italy and taken over many major cities.

 

People were sick and tired of fighting. And when the two kings decided to settle the peace, there was much to celebrate.

 

A grand banquet was organized. They ate. They drank. They slapped each other on the back and talked of the future.

 

Then, in an epic Game of Thrones moment, Theodoric raised his glass, toasted his new colleagues, and slaughtered Odoacer right where he sat.

 

Theodoric viewed it as his personal mission in life to restore the greatness of old Rome, and he wasn’t about to share power with someone who might stand in his way.

 

So after consolidating all the power for himself, he waged war once again across the countryside, retaking parts of Southern Europe and the Balkans.

 

His main obstacle was money. Or at least the lack of it.

 

Rome itself was a tiny shell of its former greatness… and more than a century of warfare, price controls, economic turmoil, civil war, etc. had taken its toll.

 

The economy was in ruins, and Theodoric needed to raise some cash.

 

So he went to the old playbook of all bankrupt governments— he plundered his own people.

 

Going against Pagan tradition in which the dead were often buried with gold and silver, Theodoric ordered the tombs plundered, decreeing according to Senator Cassiodorus that “it was a crime to leave hidden among the dead and useless, what would keep the living alive.”

Theodoric knew very well back then, as politicians know today, that dead people don’t vote. In fact, politicians today routinely steal from the dead… specifically the unborn.

Children that won’t even be born for decades will inherit enormous debts that have been racked up today on drones, bombs, and wars that were waged in our era.

President Obama’s most recent budget makes this abundantly clear.

The new budget projects spending $2.548 TRILLION just on MANDATORY programs like Social Security and Medicare. Another $426 billion will be necessary just to pay interest on the debt.

 

In total, this is over 99% of ALL the tax revenue the government collected in 2014.

 

In other words, they’ll spend nearly ALL of their current tax revenue before they write a single check for anything we think of as government (like the military, the IRS, or the light bill at the White House).

 

Naturally they’re not planning on turning off the lights anytime soon. So they finance the rest of it with… debt.

In the spirit of Theodoric, debt represents theft. Right now it’s theft from unborn generations. But soon they’ll turn their sights on an even bigger pool of savings from We the Living.

This is the subject of today’s podcast; it contains some rather startling facts… and I mean facts… about Mr. Obama’s new budget.

This is not wild conjecture or sensationalist assertions. These are their own words in black and white, available to the public, to anyone who is paying attention.

More importantly, we talk about solutions. It’s one thing to be aware. But even more important is to do something about it.

You need to hear this. Click below to listen:

 

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Wed, 02/04/2015 - 17:36 | 5744656 A Lunatic
A Lunatic's picture

Lucky for him the Middle Class is so fucking rich.....

Wed, 02/04/2015 - 18:02 | 5744791 nuubee
nuubee's picture

Wait until the middle class figures out how to rehypothecate their obamacars, then you'll see some massive wealth generation.

Wed, 02/04/2015 - 18:11 | 5744822 Leopold B. Scotch
Leopold B. Scotch's picture

An A Tranche of Yugos  has been know to be enough to get you back and forth to work reliably. Guaranteed.

Wed, 02/04/2015 - 18:41 | 5744951 nuubee
nuubee's picture

Those things are already 1/2 horsepower to the ground, aren't they?

Wed, 02/04/2015 - 19:01 | 5745047 lordylord
lordylord's picture

inb4 "muh roads!!!!".  Yeah, that means you milliondollarbonus.

Wed, 02/04/2015 - 18:46 | 5744975 GeezerGeek
GeezerGeek's picture

The middle class will eventually reach a point where they have nothing left to give Obama except the middle finger.

Wed, 02/04/2015 - 19:31 | 5745156 drendebe10
drendebe10's picture

Contrast in Leadership Quality:

King of Jordan response to video showing the burning alive of 26 yo Jordanian pilot by muslim terroroists:   2 hours after video two muslim terrorists hanged.

Narcisstic illegal alien muslim pathological liar in chief's response to U.S. citizens decapitation video:   go golfing and release more muslim terrorists from Gitmo.

Behavior reflects personality.

Wed, 02/04/2015 - 22:57 | 5745801 Billy the Poet
Billy the Poet's picture

If you want the US government to go around executing terrorists willy nilly I suspect that you haven't seem the documentation showing just who qualifies as a terrorist these days -- people like those with maps, cameras, copies of the constitution, Ron Paul bumper stickers or more than a month's worth of food.

Wed, 02/04/2015 - 17:37 | 5744664 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

He's rigth we must increase spending, now! They know we are good for it. Cleanest dirty shirt!

Wed, 02/04/2015 - 17:37 | 5744670 stant
stant's picture

I want another free hookers n blow speech

Wed, 02/04/2015 - 17:45 | 5744712 WorkingPawn
WorkingPawn's picture

"I tax dead people" - Obama

Don't forget he also wants to massively raise taxes on dead people, just in case one of two of us manage to actually save a few dollars after paying a lifetime of income, property, sales tax, Obamacare and whatever other taxes he can dream up before we keel over at our desks.

Wed, 02/04/2015 - 21:03 | 5745445 847328_3527
847328_3527's picture

"Some dead Folks got taxed."

Wed, 02/04/2015 - 17:47 | 5744716 Falling Down
Falling Down's picture

On A Long Enough Timeline...

Wed, 02/04/2015 - 17:48 | 5744731 NotApplicable
NotApplicable's picture

Fuck Simple Simon and his fucking "solutions."

Wed, 02/04/2015 - 18:17 | 5744858 TheFourthStooge-ing
TheFourthStooge-ing's picture

This author has gone not just a bit wrong, but quite disturbedly wrong.

Children that won’t even be born for decades will inherit enormous debts that have been racked up today on drones, bombs, and wars that were waged in our era.

So much unlikely that I venture to say not possible. Imagining that the US of A will even be a going concern decades from now is wishful thinking verging on fantasy.

This is not wild conjecture or sensationalist assertions.

Made me laugh. The article's author is part of US citizens for whom propaganda is making a living. Best is still this guy has reached his target and has found himself a herd of cultists to follow him in his fantaisist tale.

More importantly, we talk about solutions. It’s one thing to be aware. But even more important is to do something about it.

The author does not get it. When a giant falls, the solution is to avoid it falling on you.

Wed, 02/04/2015 - 17:51 | 5744741 UselessEater
UselessEater's picture

Here comes the employer-tax-everything RFID chip.

http://www.activistpost.com/2015/02/swedish-company-inserts-rfid-chips-i...

“We want to be able to understand this technology before big corporates and big government come to us and say everyone should get chipped – the tax authority chip, the Google or Facebook chip.”

These are the words of Hannes Sjoblad who believes he is preparing us for the day when the government wants everyone to be chipped.

 

Wed, 02/04/2015 - 18:01 | 5744781 El Vaquero
El Vaquero's picture

I would go live in the hills in squallor before I accepted being chipped. 

Wed, 02/04/2015 - 18:04 | 5744784 10mm
10mm's picture

Hopefully dead and gone. Vaccines will be mandatory.

Wed, 02/04/2015 - 18:01 | 5744789 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

Yes, finally the vail of freedom has been lifted. A new day is upon us. A new age of entligtenment. 

Wed, 02/04/2015 - 18:13 | 5744835 max2205
max2205's picture

OK OK ok, I get it....just stamp the 14 trillion dollar coin and let's move on......

Wed, 02/04/2015 - 19:21 | 5745113 TeethVillage88s
TeethVillage88s's picture

But where are we moving to? Perhaps backwards for another decade. Let's see when was NAFTA Signed, 1994. Hm, didn't stop outsourcing or off-shoring or Decapitalization of US Industries.

- Borders Still Open & Free (Slave) Trade in force

- Past Bush Comments Shock Conservatives:
- 'Not possible' to 'completely control border'...
- 'Repopulate' Detroit with immigrants...
- 'Ridiculous' not to give 'accelerated citizenship' to young illegals...
- FLASHBACK: 1 in 5 jobs now held by foreign workers...
- American tech employees forced to train immigrants hired to replace them...

I can't see how changing the Name of the Redskins or a national social program to make gay marriage legal or create the ultimate police state helps.

Wed, 02/04/2015 - 18:00 | 5744772 El Vaquero
El Vaquero's picture

"Theodoric knew very well back then, as politicians know today, that dead people don’t vote."

Apparently, Simon has never witnessed an election in Northern New Mexico.  Specifically, Rio Arriba county.  Some Patron would decide who was going to win the election, the voter lists wouldn't always be purged of dead people, and those dead people would miraculously vote. 

Wed, 02/04/2015 - 18:55 | 5745013 GeezerGeek
GeezerGeek's picture

Black apparently doesn't know about Chicago, 1960. Dead voters made Kennedy the president.

Black also says "Theodoric viewed it as his personal mission in life to restore the greatness of old Rome, and he wasn’t about to share power with someone who might stand in his way." Moving to modern times, Obama views it as his personal mission in life to restore the greatness of the Soviet Union, and he isn't about to share power with anyone who might stand in his way, like Boehner or Mitch M. or Justice Roberts. Too bad he couldn't have just gone to Russia to try this, rather than stay in the US.

Wed, 02/04/2015 - 19:34 | 5745165 drendebe10
drendebe10's picture

.... whoa..... and all this time I thought the narcissistic pahtologial liar in chief fudgepackers personal mission in life was to destroy the United States and its Constitution......   who woulda thunk it...

Wed, 02/04/2015 - 23:07 | 5745834 Billy the Poet
Billy the Poet's picture

It's not personal, Sonny. It's strictly business.

Wed, 02/04/2015 - 19:40 | 5745190 AGuy
AGuy's picture

JFK won Illinois in 1960 from dead voters. New York has some people that registered before the civil war that still vote (Sorry can't find the link)

 

Wed, 02/04/2015 - 23:08 | 5745843 Billy the Poet
Billy the Poet's picture

Antebellumite.

Wed, 02/04/2015 - 18:03 | 5744786 Billy Shears
Billy Shears's picture

Of course,  this will only cause even fewer children to be born... . We are Japan!

Wed, 02/04/2015 - 18:12 | 5744837 A Lunatic
A Lunatic's picture

Hence the integration with Mexico, after all why settle for the American Dream when you can have the North American Dream...........

Wed, 02/04/2015 - 18:14 | 5744840 roadhazard
roadhazard's picture

Presidents that produce a budget are fucking morons. It's the job of Congress  to come up with a budget.  No President that produced a budget has had it accepted. You would think it would be one thing they would stop doing because it only opens them up for one more attack.

Wed, 02/04/2015 - 18:46 | 5744981 NOTW777
NOTW777's picture

"The Budget and Accounting Act of 1921 requires the President to submit his budget request for the upcoming fiscal year no later than the first Monday of February. "

Wed, 02/04/2015 - 20:21 | 5745318 roadhazard
roadhazard's picture

Not his job, I would not do it.

Wed, 02/04/2015 - 18:28 | 5744887 realmoney2015
realmoney2015's picture

'Loading up the nation with debt and leaving it for the following generations to pay is morally irresponsible.' - Thomas Jefferson

We are still paying for WWI! That was almost 100 years ago. We (I mean our decendants) will be paying for the bailouts for much, much longer. That is of course if the current system built on debt is still in place. I don't think that its possible for this system to still be around. I don't see how it can be around for another generation. I think the dollar system (debt) will crash soon.

Don't saddle your children and grandchildren with debt. Wouldn't it be nice for us to leave this world making it better for the next generation. Buy gold and silver. It has been used as money for thousands of years and will hold its value long after this system crashes. If you know some people who are only half awake to this Ponzi system, giving them a candle with a silver coin prize (www.etsy.com/shop/ScentSavers) is a great way to get them more interested in real money!

Wed, 02/04/2015 - 19:31 | 5745152 WTFUD
WTFUD's picture

' You well heeled big wheel, ha ha charade you are '

Maybe he's a genius just out to stay alive but i doubt it.

Wed, 02/04/2015 - 21:03 | 5745447 capital_anarchist
capital_anarchist's picture

+1 for reference. Nice call.

Wed, 02/04/2015 - 19:43 | 5745204 TeethVillage88s
TeethVillage88s's picture

Where is the US Crisis that the Massive Federal Budget Spending Justifies?

We don't want to waste Tax Revenue while we have $18.1 Trillion in Public Debt after a period of 13 Years of Massive Spending on Endless Wars and MIC Technology & Industry Development.

"The budget called for $3.99 trillion in spending for the fiscal year beginning Oct. 1, a 6.4% increase from the current year. It also estimated that revenue would total $3.53 trillion, resulting in a $474 billion deficit, the lowest since 2008."

http://www.wsj.com/articles/obama-to-detail-nearly-4-trillion-budget-for...

- Simon Black is pretty Tame in this Short Article
- No US War Chest, No Treasury Surplus, no free market on Federal Interest Rates (from the FED), so where is the integrity

Wed, 02/04/2015 - 19:49 | 5745217 GernB
GernB's picture

"Children that won’t even be born for decades will inherit enormous debts that have been racked up today on drones, bombs, and wars that were waged in our era."

 

Um, entitlement spending is far bigger than military spending. To say that the debt was racked up on military spending is a distortion of the facts.

Wed, 02/04/2015 - 23:10 | 5745852 Billy the Poet
Billy the Poet's picture

Guns and butter.

Wed, 02/04/2015 - 19:52 | 5745225 kchrisc
kchrisc's picture

The General Axiom of Government #1: "Government is nothing more than a criminal syndicate of violence, theft, destruction, and death. All statements otherwise are lies."

The General Axiom of Government #2: "Being nothing more than a criminal syndicate, government can only produce 4 things, poverty, misery, death, and lies. All statements otherwise are lies."

The General Axiom of Government #3: "Being nothing but a criminal syndicate, government always accomplishes the opposite of the stated goal, as the stated goal is always a lie."

The General Axiom of government #4: Being nothing but a criminal syndicate concerned only with stealing, and killing, under cover, lie, of "service," government must always monitor, and control, the thoughts, attitudes, behavior, and speech of their victims, subjects.

The banksters need to repay us.

 

It would be fortunate for us, the American people, if CIA-Obama were the governmnet, as his removal would be all that would be needed to Restore the American country, and republic. Unfortunately, he is only one piece of rancid corn in the cesspool of shit that is the criminal DC US governmnet who are criminally occupying, and oppressing, the American country.

Wed, 02/04/2015 - 23:12 | 5745859 Billy the Poet
Billy the Poet's picture

Government is a method of regulating society through violence. As such it can not possibly achieve a positive outcome for civilized individuals.

Thu, 02/05/2015 - 00:11 | 5746032 kchrisc
kchrisc's picture

"Government is a method of regulating society through violence. As such it can not possibly achieve a positive outcome for civilized individuals."

Yes, and no. Government is about theft via violence, and/or threat of violence, not "regulating." Regardless, history does inform that a "positive outcome for civilized individuals" is impossible.

The banksters need to repay us.

Wed, 02/04/2015 - 19:56 | 5745233 ejmoosa
ejmoosa's picture

At this point, it does no good to worry about the amount the US Government owes.

Those that loaned it to the US knew they were not going to get it all back.  They are, in reality, the ones that enabled all of this debt in the first place.

They just do not yet know if they are going to get a trim or get scalped.

I'm rooting for a scalping myself. 

 

 

Wed, 02/04/2015 - 23:05 | 5745826 bunnyswanson
bunnyswanson's picture

Being SOLD to the highest bidder at the unannounced yard sale, parcel by parcel.

ZH do an expose of who owns what in America.

Wed, 02/04/2015 - 23:16 | 5745868 bunnyswanson
bunnyswanson's picture

Consider it done

http://www.zerohedge.com/news/2014-04-03/chinese-are-buying-large-chunks...

"China is on the way to becoming the dominant land owner in the entire country, and that is starting to alarm a lot of people.  Do we really want a foreign superpower to physically own so much of our territory?"

Wed, 02/04/2015 - 20:29 | 5745342 kchrisc
kchrisc's picture

Common law, and sense, would say, as would I, that you cannot be compelled to repay what was contracted when you weren't even born yet. I would go so far as to say that one cannot be held libel for anything that one did not sign for--none of it.

And further yet, being that the Federal Reserve is Unconstitutional, any and all fiat, or debt, issued by them, public, or private, is null and void.

The banksters need to repay us.

 

The most powerful weapon the American people have is Rejection.

The system of fraud and theft that has been built up upon the backs of the American people is dependent upon our backs. Withdraw our backs, and the whole scheme collapses. This is our greatest weapon.

Stop Paying--Put it into food, and precious metals, etc. They stole whatever "debt money" they loaned you in the first place (fractional reserve banking) and soon you won't be able to pay them anyways, so Stop Paying.
Stop Playing--Stop being a tool for them to use, mock, and call "stupid." Stop Playing.

Stop Obeying--If they are in violation of the Constitution then they are not legitimate anyways, so Stop Obeying their unlawful dictates.

The Four Rs
Rejection: Stop Paying. Stop Playing. Stop Obeying.
Revolution: It is inevitable, so prepare, as they are.
Retribution: The guilty must answer for their crimes against the American people and the Constitution. No “truth and reconciliation,” but “trial and Retribution.”
Restoration: Restore the American people, country and Constitutional republic.

Wed, 02/04/2015 - 23:19 | 5745877 Billy the Poet
Billy the Poet's picture

The new boss is always the same as the old boss. Why not chose to interact with other individuals on a strictly voluntary basis?

Thu, 02/05/2015 - 00:07 | 5746021 kchrisc
kchrisc's picture

"Why not chose to interact with other individuals on a strictly voluntary basis?"

I agree, however, it is hard enough to get the sheeple to comprehend how they are being raped and pillaged by the powers that currently be, much less get them to understand individualism.

One stepping stone at a time.

The banksters need to repay us.

Wed, 02/04/2015 - 20:36 | 5745363 smacker
smacker's picture

Why does Obola hate America?

Wed, 02/04/2015 - 20:39 | 5745370 kchrisc
kchrisc's picture

The Byzantine Empire lasted for 1,120 years.

"In the year 313 BCE, the emperor Constantine I adopted Christianity as the official religion of the Roman empire, and moved the capital to Byzantium, which became known as Constantinople..." At the beginning of the Byzantine reign, Jews were allowed to practice their religion..." "In the year 351, though, the Jews, persecuted under the Roman emperor, rebelled.""The Jews, while for the most part tolerated in other parts of the empire to varying degrees, lost their autonomy in the Holy Land..." 'In the beginning of the 5th century, the situation of relative tolerance throughout the empire began to change, as well. Jews were not allowed to hold civil or military offices—except for that of a tax collector." "In the 6th century, the emperor Justinian tightened control over the Jews, further decreasing their status." "During the Crusades [~1095+], Jews were persecuted, often forced to choose between conversion and death; many chose suicide."

http://www.ifcj.org/site/PageNavigator/sfi_about_history_byzantine

The banksters need to repay us.

 

Wed, 02/04/2015 - 21:05 | 5745455 847328_3527
847328_3527's picture

The end justifies the means. If we can spread freedom and democracy, and build nations in our image, money is no object, right?

 

 

 

Wed, 02/04/2015 - 21:57 | 5745602 robnume
robnume's picture

What future? TPTB are making sure that there won't be any "future" generations. The elites are ready, now, to push that red button which will bring us all to our knees. TPTB r robnume.

Wed, 02/04/2015 - 21:58 | 5745611 bitterwolf
bitterwolf's picture

Byzantine dont have shit on my folk...

 

"Then, in an epic Game of Thrones moment, Theodoric raised his glass, toasted his new colleagues, and slaughtered Odoacer right where he sat."

 

Now if they can cleans themselves of these accursed middle eastern religions afflicting Europe...

 

Wed, 02/04/2015 - 22:48 | 5745774 ableman28
ableman28's picture

Deficits will continue forever regardless of who is President, regardless of who controls congress.  To believe it really matters which party controls any of it makes a difference is to ignore 50 years of real history.

Thu, 02/05/2015 - 12:58 | 5747772 deepsouthdoug
deepsouthdoug's picture

Social Security is paid out of a trust fund. It's a distortion to say it's responsible for consuming all of the collected tax revenue.

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