read the below link from c.n.n. and understand why the financial collapse of the united states is pretty much inevitable ...

now, the smart young man quoted in the following article from c.n.n. makes a telling point, although not the one that he thinks he is making.

he thinks that he is making the point that if the economy continues to grow it can "tolerate" massive government debt.  in essence, he is saying the government is past the point where it can ever pay the debt off.

he hasn't considered the full implication of what he is actually saying.

and, what he is actually saying is that he anticipates the government of the united states will never pay its obligations.  or, as wimpy put it in the popeye cartoons, when begging for payment on the cuff, "i'd gladly pay you tomorrow for for a hamburger today."  in short, what he is saying, is that the government expects people to loan money to the government without any expectation on their part that the government will ever pay them back, in full.

consider that view in light of the greek financial debacle.

who on the face of god's little green earth is going to buy a bond instrument for the greeks?  no private institution or person will, only governments who think they can tax their citizens to guarantee that which the greeks cannot in good faith.  ("the greeks," e.g., the greek government, which "stands behind its bonds."  that, btw, is a joke.)

worthless money after worthless money.

the u.s. government is now taking the position, if it cannot balance its budget, that the taxpayers will bail them out, time after time, just as the euro union has "bailed out" the idiots who run greece.

i saw an email being circulated the other day, postulating that each and ever american owes some $647,000 of tax obligation right now.  on average.  i have absolutely no idea if the figure has any "currency" at all, nor do i care that if it does the figure is grossly exaggerated.

what the below article means is that the figure, whatever it is, will never go down.  whatever the figure, what the article means is that at some point not too distant, the taxpayers will loose their ability to bail out the government.

history has a solution for this.  it is called revolution, or, in polite circles where people speak in hushed tones (yes, so that no one outside their circle will hear them, and understand), it is called "regime change."  they hope to survive the "regime change," their privilege intact.

what they are saying, and what the below link is saying, is that collapse is inevitable.

"why the u.s. may never have a balanced budget again."  by, lisa desjardins.  c.n.n. radio.

http://www.cnn.com/2012/03/29/politics/balanced-budget/index.html?eref=mrss_igoogle_cnn .

we have seen the profligacy of a u.s. congress "trying" to balance the budget.  god can only imagine congressional spending absent any constraint of even trying to do things right.

we are down the tubes.  the only question is, how long will it take.  i, for one, refuse to finance this nonsense ever again.

john jay @ 03.29.2012

p.s.  on tonight's menu, garnished w/ orange sauce, the goose that laid the golden eggs.  eat hearty.  well, "heartily," i suppose.  but, enjoy yourselves.  it may be a while between meals, here pretty soon.

oh, yes, the bright young handsome boy knows that goose is on the menu, and he knows the collapse is coming.  the only thing he doesn't know is if you are bright enough to understand that he has seen this coming for a long, long time, and that he has "prepped" for it even while encouraging you to put your money into the markets.

he is hoping that he gets a free pass on this, and that you will not hold him responsible, and hang his naked body by its feet from a lamp post, or a tree limb, if no lamp post is handy.

oh, and, our feckless boy wonder who "leads" things.  the next time you have the native wit, or the courage, ask him about cloward & piven, and how the plan is going.  he doesn't think that you are smart enough to either remember, or to figure it out.  as a matter of fact, he is betting on it.

Comments

[Rod]

JJ,

Save me Jesus, save me Tom Cruise - It has been 50 or 60 years since my last confession, cracker & grape juice ritual, or second coming vision. Praise the Lord and pass the ammunition!

Has the looming race war that ushers in the general shooting civil war that most likely ends with this predicted financial collapse of the Union gotten started? My gut feel is the trip-wire via Sharpton and other radicals calling for civil-disobediance and violence against white communities has set the wheels in motion. I wonder if these gentlemen understand they may not get a free pass for their transgressions this time. They may as well be wearing targets on their buttocks to spots for the blood-letting, Minutemen snipers will target leaders ahead of other targets of opportunity in a target-rich environment.

The economic collapse is out of our control. The prudent man will lay-in good food and munitions supplies and be like Br'er Rabbit in the briar patch. Violence may not be prevented, remember the best defense is a pre-emptive aggressive strike.

[john jay]

rod:

it seems to me of dubious utility for a group not more than 10% of the population to pick a fight with the majority.

perhaps someone like sharpton does not feel constrained by such figures because he thinks that the majority's liberals, leftist & pinko radicals are with him. maybe so.

but, any cautionary glance at the bell curve reality of things would suggest prudence in calling for race based violence.

i have written in another post that several sources might spawn civil war in this population, among them being religious issues, abortion based concerns, political antagonisms and race based tensions.

it is a steamy brew, this melting pot business, and people best be mindful of not impeding the function of the pressure release cock, lest the temperatures and pressures in the pressure cooker get way out of hand.

i believe you advice to stock up on potables, food stuffs & staples, and to have plenty of wool blankets and kerosene on hand to be very well taken.

history teaches the sagacity of your last observation.

john jay

[john jay]

p.s. rod, you know of any source where a guy could lay in an em-2, and a little .280 brit?

[Rod]

JJ,

Have check with a few of my sources and drawn a blank. Have you considered having an AR-15 6.8 rechambered for the .280 Brit? I like the ballistics of your round choice and if it can be coupled with carbine-length barrel, would probably give you the range and accuracy you want. Will keep checking on the EM for you; expect that repair parts may be difficult to find for it.

Rod