The socialist solution to the American deficit

I have no idea what is going on in Obama’s mind to think that he can implement socialism to fight poverty. Simple math and human nature will tell you the workers will not see their money go to the non-workers to provide them with the same lifestyle as the workers.

America’s economy is being imploded. It’s been done with the full knowledge and aid of Washington. It has happened during Dem and GOP regimes. Essentially Washington has allowed politically connected business oligarchs to plunder the public treasury and pass the debt onto the tax payer. Whether the economic crisis leading to the plunder was by design is a matter for historians to natter over.

All we know is that the underwriting of the private sector debts of Wall St. investment failures, insurance Company failures, banking failures, auto industry failures with public funds, (borrowed cash printed up by the Fed as needed) puts America’s debt leverage, productivity and currency system in deep peril. The worst of the recession is yet to come and most honest experts are calling for a best case scenario of a long depression, but a collapse is not out of the question.

Americans have nowhere else to point the finger but at Washington and its crony relationship with Wall St. and IMF players in domestic credit markets. The type of economics being practised by the central planners in Washington and their cronies in Wall St. is not capitalism, it is not socialism, when government and big finance work together, financing expansion or underwriting losses with the national treasury, this is Fascist economics.

An entire generation of Americans (many yet unborn) have had their productivity confiscated and been economically enslaved to an unpayable debt to transnational financial interests which created the bail out credit out of thin air. This “bail out” is both tenuous and impermanent and can be contracted in a heart beat because it is based in debt integrity/validity.

There isn’t a doubt in my mind that the political-financial forces who have orchestrated the economic crisis (debt financing) and hold the credit notes for many an indebted nation, will crash the domestic system the moment Americans awake to the crime and demand their republican constitutional government, debtless hard currency system and freemarket capitalist system back.

The collapse will start with imploding the US dollar’s value and grabbing chattel assets from debtors. With that, all sectors go stagnant due to bankruptcy. No community utilities, no food production, no fuel production – think of the movie “the Road” if you need a visual of the state of the average person as a result of economic collapse. The continuity of government directives will see a police state oligarchy emerge to monopolise the scarce commodities available and impose martial law.

The founder’s warning to Americans about allowing foreign banking interests to control the currency/economy, will eventually make slaves of them will become prophecy.

“I sincerely believe… that banking establishments are more dangerous
than standing armies, and that the principle of spending money to be
paid by posterity under the name of funding is but swindling futurity on
a large scale.” –Thomas Jefferson to John Taylor, 1816.

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance.” — James Madison