Comments on: 10 Reasons Why We Might Not See Anything Less Than A Trillion Dollar Deficit For Decades To Come

By: George Ferenzi

George Ferenzi — Sun, 08 Aug 2010 21:52:37 +0000

We keep fight wars. How much money is wasted on the Military every
year.

To save social security do the following.

Reduce the Military budget by 50%
Aid to Israel 100%
Foreigh Aid in general 25%

What good is freedom if you have no money?

By: The III

The III — Thu, 29 Jul 2010 16:34:24 +0000

Greg, I’m still here. I just don’t have much to say about governments and their policies, including ours(the US). They are going to do what they are going to do and that is stay on this path to financial destruction. You say it is by design, conspired from the beginning but I disagree. Our government did not plan to fail but failed to plan. When Nixon took the US Dollar off the gold standard our fate was sealed. This gave the Fed all power to accommodate Wall streets(money junkies) greed and lust for money. Politicians(power junkies) are not going to change what keeps them in power and that is lobbyist money and spending(buying votes through entitlements). They need the lobbyist(Wall Street power brokers) as much as the lobbyist needs them. Now it is all about the get for both the money junkies and the power junkies. They both are going to take(wealth)all they can take until there is no more to be taken. The ponzi must be kept going at all cost. They know the financial system has been destroyed. They are doing everything they can to keep the rest of us from knowing it. The saddest thing about all this is that there is no plan for what happens after the fiat ponzi scam implodes and the world is gripped in the deflation/hyperinflation death spiral. Their New World Order will be nothing more than a new World War and then to the victor will be the spoils. This has been our past and this is our future. It will not be any different this time around.

- The III

By: Not so Mad Max

Not so Mad Max — Wed, 28 Jul 2010 23:49:16 +0000

This will implode way before 2080, 2025, and 2019. Look Social Security will be cut it will be cut now or cut and or stopped when the people (i.e. the Chinese) stop buying our debt. The Democrats and the Republicans helped create this monster and if they think they can just fire up the printing press chew on this.

If anyone in the world who holds dollars even thinks the Fed and or Congress is going to inflate their way out of this, Dollars will be dumped so fast heads in of both parties will spin. What would you do? You’d dump those babies buy gold, silver, condoms, food bullets, anything banks will stop lending, or charge interest rates so high no one could afford a loan. You think the banks are just going to keep that credit card active while the value of money shrinks? Would You?

The whole inflation thing no one has seriously thought though, any implosion will not happen in a vacuum, people will react to save their own Asses. What will happen? I think deflation of hard assets cars, houses, and lawn equipment as people try and get money to survive. Inflation of what I call consumables, food, gas, seeds as these become harder to get, transportation breaks down, strikes.

Just one view what’s yours?

By: Greg

Greg — Wed, 28 Jul 2010 22:47:46 +0000

III – where are you? Don’t let me run you off. We’re suppose to sharpen each other.

By: gw

gw — Wed, 28 Jul 2010 14:19:43 +0000

“Well, politicians like that are very few and far between. There are some who will talk about it, but very, very few who will ever do much about it.”

Ron Paul, Rand Paul, Peter Schiff, to start with. These people will honestly and bravely act on behalf of The People. These men are true public servants.

My belief is that the decline has gone beyond the point of no return, but these honest politicians are at least helping The People wake up and prepare for what is coming.

By: Justa Guy

Justa Guy — Wed, 28 Jul 2010 08:51:08 +0000

Just for clarification, “we” don’t just keep spending, it is the small handful of politicians in Washington that keeps spending money “we” don’t have. I have to believe that the majority of Americans would not want all of this overspending if they understood what was going on. I sure don’t want it. The problem is that most Americans don’t have a clue about how our government is SUPPOSED to work, or about what actually is, and has been, going on for years. The people in power have been deceiving, brain-washing, and dumbing down the majority of the American population for years. The media headlines all the gossip about celebrities to sidetrack attention away from the evil that is being perpetrated by our government “officials”.

By: Owen

Owen — Wed, 28 Jul 2010 03:18:43 +0000

Nationalize the Federal Reserve (they are the real heart of the plot to destroy America). Then all that the country owes to the Fed is then owed to the country, and we the people will vote to forgive that debt. The government is out of debt, and no longer in need of our bogus income tax system. Abolish income taxes and replace it with our old tariff system. Companies use the incentive to build factories overseas in order to make stuff to sell to American consumers. Result: Jobs return to America. Stick together people for what’s best for our country or else kiss the American dream goodbye for good.

By: Greg

Greg — Tue, 27 Jul 2010 23:11:49 +0000

Those who created this financial nightmare in America knew what they were doing and they will continue the process. We are now undergoing the same thing that major corporations and the banking elite have done to other countries. They create debt in the country and then reduce the people to servitude. Go outside the mainstream media and gain an understanding of what and why all of this is happening. Look at the UN biodiversity map of the US and observe how their plan to depopulate this nation is being carried out. Read what the people in power say – and carry out – regarding plans for depopulating the earth. They create chaos and then bring in their solution to the chaos. Their solution is never in our best interest.