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This Time Next US Presidential Campaign: $24.1 Trillion In Debt, 138.9% Debt/GDP
While Obama may or may not be on the way to winning his reelection, courtesy of a GOP field that is, to say the least, limited, and where the only worthy candidate is more ostracized by the right than even anyone on the left, the bottom line is that whoever wins the presidency, it will matter precisely didley squat. As the US debt clock shows, fast forwarding 4 years, or to February 2016, when the next presidential race will be in its final stretch, America will have $24.1 trillion in debt, about $9 trillion more than it does, now on $17.4 trillion in GDP, for a gross debt to GDP ratio of 138.9% (and Apple's $1 trillion market cap will account for 150% of the Nasdaq... just as IBM is 125% of the DJIA). Needless to say, it will be long past game over at that point confirming that the current presidential race, with its exciting tangential detours into female fertility, moon bases, LBO IRR maximization courtesy of cost-cutting, is completely and utterly meaningless. Also, keep in mind, "at current rates" for an endspiel that has now entered the exponential phase in virtually every category, is to say the least, optimistic. Yes, interest rates may be negative in 2016, but that means that the liquidity trap endgame has not only begun, but is well on its way to ending, and mercifully putting an end to this whole Keynesian "sustainability" charade. Remember: Japan's debt-deflation lasted for 30 years only thanks to new pockets of incremental global leverage and inflation: China and the PIIGS. This time, absent the levering of the entire continent of Africa, there is noone who can take the releverage baton and run. Which means the only "buyers" will be the central banks. At least back in the day, Weimar just one nation. This time, it will be the "Weimar World."
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Maybe you didn't march or protest but thousands of people did. What you described is the beginning of the Tea Party before the right wing hacks hijacked it.
Letters emails and phone calls ran from 100 to 1 to 300 to 1 against the bailout in the office of every congress person. There were meetings and marches involving thousands of people. They passed the bailout anyway.
Storm in a teacup. By 2016, the US economy will be growing again long time, the people can be taxed enough and the national debt will diminish. Ironically, it's also you, ZH'ers, that will add to those taxes which will solve the debt problem. The dollar and US bonds will be even more in demand than today. So. No dollar collapse, crisis, crash, meltdown, Armageddon. Nothing happens. Boring world we live in.
Not seen you post that in a Greece thread recently.
Please do so.
Greece is not the US.
Give it another year...
Be seeing you.
Wish to share how the US economy will be growing again?
Don't spoil his turkey lunch. And...very large tea cup for the storm. Bermuda triangle more likely.
buh! this post is deep!
I'm pretty sure the Facebook IPO will get us back on the right track
Same as before: debt, production and spending. Growth is already there. Production will return to the US as it will be cheaper than in decades, so more export then. And if a debt-disaster is underway, why are rates so low and even lower after the S&P downgrade, why is there no panic, why is gold not skyrocketing?
So people will produce at lower wages, and this will pay of our exponentially rising debt?
Rates are low because Bernanke is buying every piece of paper the ECB can't. There is no panc because America is watching the FIat Ponzi collapse like deer in the headlights. And gold is not skyrocketing because since Asia stopped trading dollars the volacity of the dollar has dropped, increasing the DXY, and decreasing gold vs the DXY.
Anyone who thinks that the central planners are some genius creatures whose plans will work out so they are thought of as noble saviors is stupid. And anyone who thinks there will not be an apex point to the Fiat Ponzi is more so.
@looking- most malignancies grow unnoticed, without symptoms, until one day, when you are told you have two months...........
1. Gold has skyrocketed.
2. Government borrowing has replaced consumer spending/debt. It's not a real recovery.
3. The "independent" Fed is pumping out cash in exchange for trash from member banks in order to keep interest rates low enough for the US to not only roll over what debt it has but to add to it every year. All cash savings, capital investment and collateral have been lost several times over if real losses were ever to be realized, due to the pernicious monetizing of debt.
4. Production won't return to the US in a meaningful way until we reform (read de-fang) labor, wage and environmental laws to match those of competing countries. I'm not sure if we really want to do that.
There isn't much pride in being the least-ugly hooker on the corner, bub.
I'm looking with amazement, and total disbelief, at your post.
Yes, who needs reality (disaster porn) when illusions and hopium can carry the day. Twisted and insane are mainstream.
And then he woke up. Riotous
I doubt anyone else is alive who had the same dream.
Paul Krugman.
Damn brother, took the blue pill and asked for another?
I now see where your moniker came from. You knew people would look at your posts and then chuckle a bit when reading it.
pods
Except they don't actually print, it's just digits on a computer. I'd say bullish electical utilities and hard drive makers ;-{
Scientific notation makes for a pretty decent compression scheme.
I salute the guys who have enough gold bars stored away in a safe place and just enjoy watching this farse coming closer to an end.
No True, Tyler. I spent a lot of time looking at the Debt to GDP in CHina, once you add the local gov debt, the debt to GDP jumps a lot for the central Gov. Believe me I was a short China guy on certain industries last year and China does have a property crisis and banking crisis on its hand. Also there is the Debt of the SOEs. Ok, but, and that is a big but. The SOE debt should be counted against the equity. The SOEs are hugely mismanaged and so forth, that is true, but when you add CNOOC, the telcos and all the large centrally controlled SOEs, when China is forced to, it can do privatization and kill two birds with one stone. First put down its debt to GDP back and second re-energize those companies by making those private entreprises. Despite all the excess of construction and over investment, China DOES NOT HAVE A SOVEREIGN CRISIS AND MONETARY CRISIS at this point. That means if USD plunges, CHina can plug the hole easily by floating international Yuan gov bonds after all the other fiat currencies have printed themselves out into oblivion. Check mate, China suffers a lot on export sector, growth plunges in China since the rest of hte world is in the absolute funk, consumers have a huge boost on their buying power (the ones not working on export sector) but CHINA does win. Tables turned from 1911. As we say in French: "revenge is a dish best served cold". That being said China has better control from now on the addition of debt, it can not continue to be added at that speed for sure but at the current point no SOVEREIGN/ CURRENCY CRISIS in China.
'Also, keep in mind, "at current rates" for an endspiel that has now entered the exponential phase in virtually every category, is to say the least, optimistic.'
Nice to see some optimism to balance things out.
"Weimar World."
Party time! Exce-llent!
lol! The economy going full retard was a deserved qualificative for 2011 - I wonder what the Tylers will have to come up with to describe it by then.
Mindfucked? Shitcock'd? Santorum'd?
Traitor Scum! Germany caught making promises to Portugal
http://euobserver.com/19/115216
http://www.youtube.com/watch?feature=player_embedded&v=dU391h882uE
Schaeuble Blesses Gaspar: German FinMin Promises To Rescue Portugal
thanks for making me your research analyst tyler. I expect three weeks vacation, full medical and dental, pension,and daily nap times to spark my creative drive....or else I will unionize ;)
Go back to OJ's garage.
And you are who again?
There is no box on that chart which shows how many bullets I will have. By then, they will be currency.
.22LR the new item for barter....
.223 and .45acp are also good choices....
I carry an XD40. I have a feeling so do most law enforcement so I shouldnt have a problem getting ammo off the dead corpses of johnny law when SHTF. Why pay for it when I can just take it off the cops.
Payment can be delivered with or without the brass.
Paranoid clown troll is a paranoid clown.
Yeah, gee, less than 900,000 police, including detectives, as of 2008.
http://www.bls.gov/oco/ocos160.htm
What percent carry .40 cal? 9mm? .38 or .357?
Better to get 9mm, 5.56mm and 7.62mm. All NATO, just like the troops regularly trained in the big FEMA NLEs, or 7.62x39 for the rest of the Blue Hats that'll join 'em to "secure" the N.A. continent.
In a nation of 320M...or 0.28%
Better to grow a brain and learn how to do something useful for others; you won't get far as a highwayman.
I can hardly wait to see the 2020 clock.
It won't get to 2020. I'm positive of this.
It might and probably will get to 2016. My own window for the true SHTF is 2015-2018.
By 2020 I'm convinced one or more of the following will have happened:
- Failure to honor debt through one of the following:
- Dissolution and/or reformation of the US, defined by replacement of the federal gov with a new gov that is one or more of:
- Significant war impact on the US (ie substantial losses of equipment (carriers and the like) factories and/or high casualty losses of civilian population within the US. (This could be a foreign attack or a civil war.)
- Possible "voluntary" relinquishment of US sovereignty (think free trade zones with different legal structure, such as has been proposed by China in the northwestern US.)
in any case a "big deal."
Few federal obligations will be fulfilled as intended.
Seriously, look at the deficit, and realize that fixing it absolultely requires removal of TPTB from power (ie, military-industrial complex spending has to go new zero, for example, as does a large portion of social transfer payments, e.g. vote buying.) If one presumes TPTB don't leave voluntarily, the only outcome possible is a financial collapse with or without a police state, but collapse itself seems inevitable.
We're already seeing a lot of signs that they're running out of rabbits to pull from hats, between shit like MF Global and the ECB financing issues around greece, which is just one small freaking country.
you forget people have nukes now.. not those old atom bombs.. fuckin megatonz nukes. no one gets ran over by another military when they have nukes, but they will sell their souls to the bankers and protect them
Nukes are a lot like the Constitution. In theory, they both should prevent bad thingstm from happening.
In practice, they don't, as clever people with bad intent find ways to circumvent things. If we were attack Iran, for example, and they lost the war but happened so somehow get biological agents into the US, well, that'd ruin everyone's day.
But.. the point of my note is that one or more of these things would happen, not that they all would. Any of them create a context for a literal or practical default on the debt, and I'm convinced this happens prior to 2020. My preferred method would probably be an outright default instigated by a newly elected and non-corrupt government as part of a package opening up competing currencies, but TPTB would never allow that. Hence, my point, the change will happen only when TPTB are out of the picture, and the only things that can do that are outright collapse, war, or an external (to the federal government) actors replacing the current federal government.
The only outcome I can see that leaves TPTB in power are the ones that I flagged as most likely -- a collapse due to hyperinflation with the federal president becoming a dictator. It leaves them in power over a steaming pile of shit, but I think they'd still view that as the preferential outcome compared to the alternatives. Should that happen, it opens the door to a junta-style intervention if the military is committed to the constitution, or a civil war if they are not.
There's no souls left to sell the bankers, they've taken them already.
As the song goes, "freedom is just another word for nothing left to lose." TPTB will ultimately face the world they alone created, and the outcome will be interesting if nothing else.
I'm still voting for EMP weapons, a la One Second After.
That way, most of the infrastructure is still intact with a drastically reduced population the evil overlords have to contend with.
Neutron bomb is far more effective at removing the opposing force from the place you want to take.
http://en.wikipedia.org/wiki/Neutron_bomb
+ 100
I really wish I COULD click 100 up arrows for you, seek. You write a lot of well thought-out comments. Bravo.
I would never go to war for these bankster puppets running the government. I'd rather spend my life in prison or be 6 feet under. I'm not worried about any invasion. How will the Chinese get 2 million men across the Pacific Ocean? I don't think a land invasion across Siberia, the Aleutian Islands, and down Canada is possible. I only thing there is to fear is a nuke tipped ICBM. If that's what happens, then I don't give a fuck. Let it land on my head.
The war at home thing isn't a high probability, but if foreign power, I don't think we'd be looking at a conventional invasion or land war, it'd be ICBM or even a simple missle launched from a ship at a coastal city, or a biological agent dispersed by agents.Basically a "fuck you" war, rather than an attempt to steal resources -- but it could be a counter to our attempts to steal resources.
If it's domestic war then pretty much repeat of Iraq/Astan here at home.
I don't expect anyone here to go to war for the banksters, more likely the banksters bringing war to us -- intentionally or not. But again, not one of the higher probabilities compared to, say, a presidential decree. Still, a half-dozen nukes on the right locations would eliminate all the evidence, provide a massive hit that would cover up an economic collapse from other factors, and enable the government to go full Nazi with much less resistance.
We're gonna need a bigger web page...
It's almost like we are screwed (and not in the good way) however you slice it, dice it, spin it, or simply get political and lie about it:
We are fucked.
You wouldn't know it by the way my next door neighbor plays video games until 6 AM in the morning with the bass maxed out on a weekday. I guess when SHTF he will be fighting aliens as Master Chief on the Halo. He's a college rat. I look for him to drop out when mommy and daddy get tired of paying.
It is a defense mechanism. Same thing with facebook. At least online you can be popular, happy, excited etc, even when your real life is in the toilet.
Reminds me of the Matrix, where Morpheus tries to expain to Neo "what is real?"
For the most part, if the lights stay on and the bills get paid people can be whoever they want online.
And speak of tasty menu items at the latest restaurant, while in reality, they are eating a cold bag meal of dollar menu gruel.
Even if we, as a society, were to find unlimited quantities of free energy, we have devolved to where real relations are fading fast.
And yes, I do realize the irony of typing this on a web forum.
pods
There's nothing wrong with being online as long as you don't spend all of your free time there. The internet is nothing more than a tool that can be used wisely or stupidly
Oh I agree entirely. I have learned more online than I have ever learned off. From cars to gardens to money. Online you also are exposed to views that you would not see in RL. And this is very good. Political correctness is quickly dispatched in an online argument. And products can be open sourced reviewed and bought in an instant. With the quality of modern tools bordering on dangerous, I now source most parts and tools online.
But, you can also immerse yourself in a fantasy world that allows you to accept more drudgery in RL. As long as you have that outlet online, you can take much more in RL.
And it seems that many today have gone down the easy road. Basically self-programmed cable TV.
pods
we will be seeing $500 bill in no time.
Will that be with the photo of Alfred E. Newman and his motto: "This is a lot of hard work!"?
Wait for the new $1000 Obama FRNs...
A bit short sighted.
http://presidentsonmoney.com/879/bills/22882/100000-dollar-bill.html
I think it's poetic that the president who gave us the Fed is on the largest bill the US has printed. Watch for its return.
I think we'll need to print trillion-dollar bills with Obama's face on them...
You: "I just filled up on pump 6, and here's a loaf of bread and a gallon of milk."
Cashier: "That'll be two Obamas and a Wilson"
you: "Two Obamas?! It was only one last week! That's f*cking highway robbery!"
cashier: blinks and stares
you: crumples up three Obamas and throws them on the counter. "Keep the 'change' "
A currency soon to be added to the Gallery of Rogues ?
http://tomchao.com/hb.html
I think it's only a matter of time and circumstance at this point... will it be one of those rapid, horrifying implosions, or a slow burn that happens over a decade or so? and yes - it will make the Rogues' Gallery.
tomchao's page there only shows the 1,000,000 inti note. They had a 5,000,000 one at one point, I used to have one... But, I can probably buy one next time I'm there.
I am planning my return -- in the meantime collect 1000 CHF notes and PM's of course.
Stupid qoute of the day: Gold is a fiat currency!! This was acutally said to me by a 30ish NPR listener.
I'm still floored.
NPR is a globalist propaganda outlet much like the BBC
Agreed. I live on a small island with just a couple of TV and radio stations. NPR gets plenty of play on both. On the rare moments when I want to see the weather radar, I have the mute button ready to hit. I can't take even one minute of that left wing bullshit. OMG!!! If that's what passes for intelligent discussion anymore, where totally fucked.
Find some Zen man...your on an island. You are more protected than the vast majority of us...just roll with us...now light.
Oh yeah, I've definitely got the Zen going! This is an interesting place. Its a military base in the RMI. Everyone rides bikes and we are used to shortages of most things, so we are already living collapse to some extent. The overall govt. budget may be soaring but we've seen years of substantial budget cuts out here and it shows. I look around and see Empire in Decline. Every so often we get a 'retread', someone who worked out here years ago. They're shocked at the 'changes'. Alot of people bitch and complain. Some move on to what they consider greener pastures (the ME for example) and then return very grateful to be back. lol. I learned long ago that money isn't everything. I'm quite happy to have my modest salary and job that I enjoy. If I should lose that job, I will have to leave this place. I have another island all picked out. Pohnpei in the Federated States of Micronesia. I'll be sad about leaving my veggie garden behind, but I have lots of seeds to take with me. I'm grateful to everyone on ZH that contributes to intelligent discussion. I've learned much from you all. God Bless and protect...
+ 1
You too!
If you know you're a cargo cultist is it still a cult?
Long as I get some of that sweet sweet trickle down I don't care. My EBT card gets filled back up in 2 days and I'm gonna splurge.
$17.4 Trillion GDP in 4 years!?!? Lol!!!!
Not hard to reach $17 trillion GDP once a liter of coke costs 10 bucks...
Disclaimer: I don't expect a liter of coke to cost 10 bucks considering the ingredients, I would have said liter of milk, or quarter-pound of steak, but I know how americans don't like to drink (or eat) icky stuff that comes from anything that has actually been living at some point...
Dinner at a cafe (no alcohol) and 2 adult and 3 kids for Episode 1 in 3D plus light snacks = $140 last night.
I get sick just thinking about it.
Inflation bitchez.
YESSSSS..
In nominal terms the sky (literally) is the limit. $20T would not be surprising, but why stop there!
With a rounding error of 99,9%
This country suffers from two forms of ED...Economic Depression and Electile Dysfunction. And Bernanke's flavor of Viagra, or Liagra as you will, is not doing a damn thing to help.
And unfortunately I ran across this drivel, another sign that the MSM is lock-step into continuing the Obamanation or worse, Romnification, of the USSA...
http://openchannel.msnbc.msn.com/_news/2012/02/09/10358155-super-pac-supporting-ron-paul-is-operated-by-a-911-truther
I think we've now passed the USSA and are rapidly moving to the New Soviet States of Amerika. Seriously! Have you seen this yet?
http://www.prisonplanet.com/distrusting-government-characterized-as-mental-illness-by-apa.html
Oligarkistan
Mentally ill people are barred from making legal gun purchases. Just another piece of the puzzle.
That's a nice work around the 2nd Ammendment they'll have there. Fuckers.....
States? You mean that to include Canadia and Mexistan, right? Cuz there's only the Federal Social State of America for the last 20 years or so, all under the thumb of D.C.
That screen shot is already $2 billion out of date!
But, you are still going to vote and pay your taxes, right????
how enigmatic om
Leyroy Jeeeeeeeeeeennnnnnnkins basically?
Does that estimate assume linear or exponential growth? Historical data indicate that the US national debt has grown at an exponential rate.
yup, and present "data" suggest that we ain't seen nothin, yet, navy_#!
where, exactly, is all this debt/"money" s'posed to go,000,000,000e/fringe$, BiCheZ?
So that "supercommittee" in Washington was never mentioned again? There's no debt ceiling?
It was mentioned again. Dear Leader blamed their failure for his $1.3 trillion projected deficit this year. Nothing is ever his doing
I don't think anyone ever took the supercommittee seriously - including the supercommittee itself.
Charlie Sheen for president....hell, why not.
Tiger blood and Adonis DNA. Can't lose!
(seriously, he's not much crazier than the annointed ones.)
Sorry Tyler, I'm already numb.
It really doesn't matter anymore. The debt numbers have lost meaning. We can only take care of ourselves and family. Enjoy the neighbors and divorce ourselves from the inevitable loss of convenience through forced austerity. If we have enough wealth and can sucessfully manage it- great. If not, life will be brutish, if not short.
People will not challenge their masters. They will accept whatever convenient illusion is placed before them. The names will change, but the system will remain the same.
It is the curse of mankind, that the true perfectors of a life system, would focus on debt slavery and parasitism.
The nation produces plenty of money to pay its obligations ad invest in its future, unfortunately most of the money goes to people who give a sh!t about the Country.
Stop the extraction of wealth!! .... keep the money in the system (nation)! .....
The nation produces very little. We have 45 million on welfare and another 59 million on social security. How many people are actually working and how many of those are actually producing something useful as opposed to shuffling papers or working for the security apparatus?
Said the tax flunkey.
Hey Tyler:
I'm thinking you forgot a lil' sumpin'.
By 2016 the rest of the world will be paying America to hold our that there darn debt and so it will actually be a stimulating factor. American's are gunna be paid fer allowin' forieners the privledge of givin us they money.
Pretty sure plouff, krugman, E.J. and the whole gang are working out the linguistics on this sell. Tony might be in?
Gotta know Bill is on board.
Banks charge people for safe deposit boxes. Why can't the US Treasury charge other countries to keep their money? They better hope John Corzine isn't the next Secretary of Treasury though.
Plus If the Fed does a super QE then the U.S. could actually get completely out of debt buy issuing the new debt on a huge scale and charching the FED to buy it and we wouldn't really be issuing debt since we make money when they buy it. We'd really be issuing credit. Wait. Our money is credit. Awe. I'm screwed up now. How does irredemible paper money and debt work again?
You got it.
Holy sheeeit!
Got me a nibble. Yippeee
You are all you need.
Just diagram your own sentence and then turn off the T.V. and all other forms of corporate mind control. Just do it for an experiment.
Just do it for THREE months.
Sincerely, just step out of your box for three months.
I dare you to expose yourself to such a challenge.
Just walk away, forget about being comfortable, forget about being cool, forget about what I or anyone else says.
Just walk away and do what is uncomfortable.
NOT immoral, not unethical. Do not seek to hurt anyone just seek to learn what is true VS what is false.
Challenge yourself because as corny and simplistic as it might sound, the fact is that at the end of your days all you will have to stand on is who you were, not what they wanted you to be.
It is just you and 'hope' requires suspension of responsibility.
Life has a clear tendency on short time frames to follow the lowest common denominator.
We are there.
Yeah. Because U.S. debt is so safe we have to start charging them to park their $ on top of what they'll lose through inflation. It's a good deal. That way it won't all blow away.
Thus exactly why currency will run to gold as the last alternative. Next month, next year, who knows, but it is inevitable.
Gold also does not pay interest, but it is a real asset that does not lose to inflation, like fiat does.
Gold doesn't buy you protection from the US military and three letter agencies.
Spec Ops and spy packs still contain gold for bribery. Military knows.
ahhh...that's why fort knox is empty.
wait, we will still be here and keeping track of debt in Feb. 2016.......well then Party On !!!
spend today, don't worry about tomorrow
The brakes are gone and the driver has dementia and/or is demented. It is over the cliff we go.
hi ho, hi ho, over the cliff we go!
Yep gnomon, this is our driver:
http://www.youtube.com/watch?v=2x5-38LJ8N4
http://confoundedinterest.wordpress.com/2012/02/10/2012-federal-budget-obamas-grecian-formula-of-1-33-in-deficits/
Here is my take on the budget. Check out the song "Games People Play" by Joe South.
You need to be on at least some kind of gold standard for moon travel. That's the rule. We can't even afford to put a man in orbit today.
Pay taxes, ya right. It is a moral imparative to go Galt, anyone
being productive and paying taxes in the USSA is doing a disservice
to all lovers of liberty.
Joe Biden says it is your patriotic duty to keep the beast fed
thanks to the progressives in the early 1900's that instituted the progressive tax rate.
America: Freedom to Fascism-Full Length Documentary
http://www.youtube.com/watch?v=lUpZhhbKUBo
by the late Aaron Russo
Hey, I know. Let's reverse the Medicare Part D prescription benefit. That' $26 trillion in 2016 might be a drop in the bucket but it's sort of a large drop.
$26 trillion?
Coffee, I need coffee. Hey, it's still a start.
Sun Tzu spent that on cashmere sweaters last week. pick something else to cut... how about the Department of Revenue?
Certainly the GOP, the party of small, limited gov will not let this happen..........the list of gov programs cut under GOP leadership is so long, i have forgotten what is even on the list..........
Tuesday night swing dance is on the list...I've been lobbying to keep it as there are 14 agencies supporting it.
Alzheimer's Research
The title assumes Ron Paul does not win the 2012 election, so sad.
RP can do nothing. The lamestream media and establishment politicians and bureaucracy will attack him mercilessly and if that doesn't work, they will pull a Kennedy on him.
Stop saying things like this. Start believing he can win because if you dont believe he can win those you would need to join you never will.
Whether you think you can or you think you can't...either way you are probably right.
GO RON PAUL 2012.
If Paul is sunk in the primaries, I won't vote for Giant Douche, or Turd Sandwich.
I'll go with Gary Johnson.
http://www.youtube.com/watch?v=V8wlxxAAEFU
To JPM Hater who had this inciteful tidbit of philosophy..
Stop saying things like this. Start believing he can win because if you dont believe he can win those you would need to join you never will.
Whether you think you can or you think you can't...either way you are probably right.
GO RON PAUL 2012.
Ok.....
I believe in the tooth fairy.
I believe in Santa Claus.
I believe in the Easter Bunny.
I believe in Wise Central Bankers.
I believe in George W. Bush
I believe in Barack Hussein Obama
I believe in Social Security
I believe in Capitalism
I believe in Socialism
I believe in every man made "ism"
But most of all.....I believe in skittle shitting Unicorns.
And because I believe.....really, really, believe.....every morning.....
The Tooth Fairy
Santa Claus
The Easter Bunny
Wise Central Bankers
George W. Bush
Barack Hussein Obama
The Head of Social Security
And every socialist, communist and capitalist brings me a big bowl of skittles freshly shitted out by Unicorns.
If you believe it.....you can make it come true !!!!
This is such absurd nonsense that you and the MSM keep spouting. He has already told everyone what he can do as president to cut 1 trillion from the budget the first year if not the first day that does NOT require congress to agree to jack shit. They will be powerless to stop him and can go fuck themselves. He can instantly order ALL troops home to the 50 United States as commander in chief, recall all military vessels to US coastal waters, and close down every military base and supply depot around the world. Done and done. And congress has NO power to stop him. He is commander in chief. If he got nothing else done the rest of his 4 years id be perfectly happy as fuck with that. That's light years more than anyone else is going to get done to save this insatiable beast called congress from spending us into slavery.
You are only spent into slavery if you work and pay taxes. I am fortunately way under-employed. I am in my prime slave years yet cannot land substantial employment. Oh well, at least I look and feel better than all my peers. We are all inevitably going to end up penniless slaves anyway, I'll just be more mentally and physically prepared.
HOLY ROMAN EMPIRE !!........ look at the number on the UNFUNDED !!!!!!!!!!
The most laughable thing about that clock (which is good) is that the CBO projection has to assume the Bushama tax cuts will be rescinded for those making under $250k and that the Obama payroll tax cut wont become a quasi-permanent economic election booster.
The Bushama tax cuts are but a drop in the bucket of the deficit. Top estimates are at $130 billion per year while we had $1.5 trillion deficits the past 2 years. The federal budget needs to be cut by 50%. Many departments are nothing more than jobs programs.
What exactly does the department of education do?
Why has the EPA grown by 400% since Bill Clinton's last year in office? Was the environment really in that bad of shape under Clinton? I didn't hear anyone complaining back then.
Why does the DOJ have so many lawyers that they are sitting around playing solitaire all day? Why aren't they investigating and putting banksters like Corzine in prison?
Why have the Feds create a new army of paramilitary police call the Federal Protective Service? Why is there a need for 20,000 drones to fly over America by 2025?
Why has the department of defense budget doubled in the last 10 years? Are we the new Roman Empire?
The solution is to starve the beast.
Starve the beast, yes, but it's used to eating everything in sight. So it'll do everything it can to defend itself, and I imagine that'd be plenty.
The Dept. of Education: Ought to be abolished but much of the country would be gobsmacked to know that Cabinet post is a fairly recent development. I suspect they would also believe that without the Feds riding herd, the individual states' Dept of Education wouldn't be able to manage schools as they once did, and pretty well, too. (Worries about Civil Rights violations, which would have been valid in the past but I hope less so now.) Showing how much dumber the country has gotten since the Feds got involved wouldn't convince anyone probably because: 1) propaganda from the beast would be fierce and 2) the people would be poll-tested, dumb-downed simple.
The EPA has grown by 400% because the green lobby has convinced everyone that despite evidence to the contrary, our environment is more polluted than ever and it is only through their efforts that we're alive at all. Moving manufacturing off-shore to where there is little or no pollution control gets little or no press and if the EPA were REALLY concerned about the planet we live on, they'd be more likely to work with our manufacturers here because it is, after all, one planet and what happens in China eventually comes back to bite us here.
THE DOJ? The graph that showed the decrease in prosecution of financial crimes in the Obama administration said it all, didn't it? I think Eric Holder must spend the greatest portion of his time figuring out how to stay ahead of the investigations and subpoenas.
The other two, it's about control. Domestic population for the former and therest of the world for the latter.
Jena. Spot-On!
Please add DEA, Dept of Energy, and certainly DHS!
Okay, but we'll need to store some actinides at your place.
---------->After September 2013
---------->Before September 2013
I set the O/U at September 2013 for total utter and complete collapse rendering the 2016 date meaningless.
12 HOURS POST THE SCORE STANDS AT 6 FOR AFTER SEPTEMBER 2013
12 HOURS POST THE SCORE STANDS AT 8 FOR BEFORE SEPTEMBER 2013
Thats a solid bull indicator if I ever saw one...I voted before 2013 so technically I was the swing vote in the parliment of life.
Heads roll at 12 GMT Monday. We need to get this crash a workin!
Nothing on InTrade on the chances of there being a next Presidential race much less an inauguration (after current one of course). Or $24.1T debt for that matter.
I'm not giving odds - or taking bets - but I'm thinking less and less likely as time goes on.
Pete
It doesn't make any since to prevent elections when they are already compromised. Preventing elections would make it too easy for the average American idiot to realize something is wrong. It's much easier to trick them with fake elections while switching the puppets around to relieve their frustration. It's A LOT harder for people to accept they are already living in a tyranny and get them to admit they are cowards and/or dumb-shits for letting it happen.
I have net worth of $150k and mortgage debt of $290k. My girlfriend has nothing but student loan debt of $150k. Bring on the currency collapse, it will put us $200k in the green as hyperinflation wipes out our debt.
Currency collapse is the global reset button. Embrace the cleansing fire.
My biggest "asset" is also my house. At least on paper.
My biggest asset is between my ears. Depending on one's point of view, that can be a good thing, or a bad thing. Oh boy... :-)
Well I'm totally screwed then.
Well, just lay back and try to enjoy it. That's what I do. ;)
For most Amerikans, their biggest "asset" is their ass.
Do you really have "net worth" of $150k after mortgage debt, or is that that you have a negative net worth ($150k assets minus $290k debt)?
Some of us actually have positive net worth, some of which has been invested in loans to pikers like you, so a reset screws those of us who, in retrospect, were foolish enough to take a flyer on people like you.
This is how civilizations stop growing and eventually die.
The problem with humanity is that we have never cleared ourselves of our cancer... the elite. You clear the cancer once and for all. Then when that is done, the situation is still not solved forever. You need to take a healthy lifestyle (good men protecting the weak against the corrupt) or else the cancer (corrupt elite) will come back.
i prefer diddley-squat
as it is derived from bo [boss?] diddley, whose mother may have had a vision or something L0L!!!
Bo Diddley - You Can't Judge A Book By The Cover [Very Good quality]
maybe it's just b/c i was enjoing bo before i heard of diddley-squat, but in slewienomics, i use this derivation, myself, to point to the efficacy of "electoral politics" when everything from the ballot box in the precincts to the urinals in the Capitol have been hijacked by
corporate" interests, and all because of the 1st Amendment, too!
such is truth, BiCheZ!
so, tyler is wrong, and rPaul could matter due to 1789ff; but it would hafta be on c0nstit2chanel issues
don't blame me; i don't even play a doctot on zH!
so, i'm supporting his candidacy myself, now, having thought about what the hell he could be up to for about 5-6 years, now...
as if he didn't have enuf problems, already!