Dear readers, as any dope can see spending is increasing faster than revenues. Ergo, the U.S. will have to default on its obligations or destroy the dollar as the Germans did in the Weimar Republic. Either way it is over for America–unless they cut spending or raise taxes to the moon.
And here is the problem in a nutshell. Medicare and Medicaid spending is increasing too fast because Obamacare does not cap health costs through competition and is loading up the minimum plans with things people would not have bought otherwise to buy votes from particular constituencies. Therefore these additional items like abortions, maternity care, mental health care, psychiatric care, etc., etc. In other words, your premiums are being jacked up by having to provide every policy with these “essential” health benefits, which are only thinly disguised sweetheart deals for various segments of the health insurance and medical industrial complex. What I would call socialism dressed up in drag, yet foolin’ no one. How is this nonsense underwritten: EASY, with borrowed money that in turn transforms future generations into indentured servants of the state. The problem with Obamacare should be obvious. It will implode, because it will bankrupt the U.S. government, and the signs of that are already visible as China, Japan, Saudi Arabia, and Russia unload our treasury bonds, because they have rightly determined that the U.S. will eventually default on their obligation either through a direct default or the coward’s way of hyper-inflation. The world no longer wishes to play the U.S. fiat money game and are going to exit the system by buying precious metals that are no one else’s liability. It is over except for the fact the U.S. is a Zombie nation, dead except that it haunts the world. However, the need to invade Libya, Iraq, and Syria all involved our fiat currency or the so-called petrodollar. In the end, the worthless scrip has been propped up by our military and forcing nations to hold dollars. Our defeat in Iraq, Afghanistan, and earlier in Vietnam show clearly the U.S. to be a “paper tiger”. And with each passing defeat, the latest being in the Ukraine, our competitors are emboldened to unload the dollar. Furthermore, there simply is no global order once the dollar is Kaput. Why the dollar crisis is also a crisis for the globalists. My advice to globalists, give it a rest because the dollar is quickly becoming history like the British pound sterling. Bye-bye!
Oh yes, the Krauts thought they were going to replace the petrodollar with the euro. That also didn’t work out so well. Charts are courtesy of the Congressional Budget Office. Democracy and transparency are incompatible with globalism and their sophomoric machinations to run the world. The Brits’ BREXIT chucked globalism and the EU for precisely these non-democratic reasons. Sovereignty and self determination trumped the economics of trade.
The notion the Democrats lost the White House because of Russia . . . is well, fake news. The FBI’s James Comey has been investigating the claims since July 2016, and yet still has no evidence he can share with the American public. What was his probable cause for the investigation– Democrats fiat assertions to that effect? If there was a link, John Podesta is rumored to have taken quite a bit of money from the Russkies, but unfortunately for the Zionist Fourth Estate narrative he worked for Hillary Clinton. But seeing as how the United States regularly meddles in other states’ election, why should we be surprised the Russians sought to meddle in ours? Was it not a fact, we were involved in Russia’s politics? For example,
this from Politico:
Clinton even did his best to influence Russian politics, throwing his support to a deeply unpopular Yeltsin, who used his ties to the U.S.—and its economic aid—to narrowly escape political defeat in 1996.
No evidence has been produced proving Russian hacking of the election. So just what are the Democrats upset about? That Putin had the temerity to do what Bill Clinton had done to his country?
“I was urging my former colleagues, and frankly speaking the people on the Hill, it was more actually aimed at telling the Hill people, get as much information as you can, get as much intelligence as you can, before President Obama leaves the administration,” Farkas, who is now a senior fellow at the Atlantic Council, said.
“Because I had a fear that somehow that information would disappear with the senior [Obama] people who left, so it would be hidden away in the bureaucracy … that the Trump folks – if they found out how we knew what we knew about their … the Trump staff dealing with Russians – that they would try to compromise those sources and methods, meaning we no longer have access to that intelligence.”–To Mika Brzezinski of CNBC, Mar. 29, 2017
Yes, Evelyn you and the Obama administration were spying on Donald J. Trump in violation of the Fourth Amendment employing electronic surveillance. This may come as news for you, but you just admitted to a crime in violation of FISA law. Clearly, yourself and/or other members of the Obama administration unmasked American citizens that were caught up in your illegal disclosures of the Trump associates captured in your surveillance. Thank you very much.
Attorney General of the United States
The Milwaukee Journal Sentinel reported Monday that for the first time Wisconsin Republican Speaker Paul Ryan is less popular in his home state than President Donald Trump, according to a Marquette University Law School poll conducted March 13 to March 16.
In the poll, Trump is viewed favorably by 89 percent of Wisconsin Republicans and unfavorably by six percent of the state’s GOP.–Breitbart, March 28 2017
Yes, The Trumper gets a 89 percent approval rating from Badger GOP, while Globalist suck up Paul Ryan receives a 73 percent approval rating. Hey, Donald, you don’t need Mr. Ryan who never supported you in the first place. Take Ms. Pirro’s advice and get rid of the guy. Not only that he is bad for trade, the guy never saw a NAFTA trade deal he didn’t like, as long as it cost Americans their jobs. Globalism sucks, and that’s the bottom line.
“The opinion of 10,000 men is of no value if none of them know anything about the subject.” —
Marcus Aurelius, Roman Emperor
Let’s conduct a poll and query people about healthcare. 90+ percent of such people might not have even thought about such a question, though they may have a opinion. Certainly, most people know very little about the subject — like its economics. But that does not prevent the Zionist Fourth Estate from asking people whether they like ObamaCare — though few understand it cannot work without the individual mandate to coerce people under threat of a surtax to buy health insurance. Unfortunately, for ObamaCare, this surtax was not large enough to convince healthy young people to enroll in its health insurance system. Consequently, more and more people subsequently drop out and don’t purchase insurance leaving the insurance companies with too many sick-unhealthy customers to make a profit. And when you cannot make a profit you will leave the system, and that is exactly what insurance companies are doing. And those companies that are left are hiking premiums to stay in business. In short, the system is imploding. Eventually it will collapse of its own accord. There is only one alternative either allow the free market to function or go socialist with a Bismarckian system. In which your participation is mandated and taken out of your income taxes. It is also the only way of lowering billing costs with a single payer. Having now marginalized themselves, conservative Republicans can now be ignored, and the president can put forth a Medicare for all program with joint Democrat and moderate Republican support. In short, there is not enough support for a free market system — and the conservative Republicans have not provided their plan, and have destroyed their credibility. There is bi-partisan support for some variant of Medicare to replace a system that is destined to implode as it is currently configured. The question is whether you place the warfare state over the welfare state. They are both socialist. Smithians would be against either, but Smithians do not run the United States.