Thursday, July 16, 2009

Jeez... Where's The Barf Bag?

Biden speaks:
Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that's what I’m telling you.”
Oh well hell yes, let's spend more money, that will for sure keep us from going bankrupt.

Reality check: We are already bankrupt. We are trillions and trillions in debt, and all we can pay is the interest on it. Our industries and jobs are vanishing faster than Obama's brain cells. Our tax base is collapsing. The next mortgage disaster is just about ready to strike. Our true unemployment rate is close to 24%. But Pelosi has the answer, TAX THE RICH. (before they bail)

How many trillions more do these complete lunatics need to spend before they discover they have already ruined us? That we are already in a position to be a debtor nation in perpetuity?

We are about to become a third-world nation, run into the ground by a self-annointed president-for-life, unable to pay our bills, or borrow money, or influence even the smallest two-bit places like Israel. The dollar is about to be replaced as the world standard monetary unit. That means that trillions of dollars held in reserve by other nations will come home to roost. So this lunatic government will just print money by the truckload, and inflation will make your wallet and its contents shrink faster than your cajones in ice water.

Not only is the writing on the wall, its on TV, radio, in the newspapers, glaring at us if we only care to look.

But who's looking? Hardly anyone.

We're all a bunch of Nero's, fiddling while Rome burns.

At least Nero had his gold. But we're eventually gonna find out that the IMF and the Fed has plundered all our gold from Fort Knox.

Wait and see.

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