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So When Will the Bottom Drop Out?

5/14/2015

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PictureFiddle Away, Mr. O
The comparison of Obama to Nero fiddling while Rome burns is compelling when one thinks about what President Obama is doing.  By the time his Presidency is completed America will have created more debt than all presidents prior to him and it will be approxmately twenty trillions dollars.  And this is just the tip of the iceberg with unfunded liabilities (medicare, social security and other already committed funds but not actually available) estimated to exceed two hundred trillion dollars.

The mind-boggling total is actually inconceivable to the American public and, quite frankly, the political elite have no clue either.  We can't even picture how high a pile of cash would have to be to show this total and in the meantime the Feds keep pumping out greenbacks that end up in the stock market.  While investors think it's great how the stock market is holding up, in reality it is actually being pumped up by a dishonest Fed which has run out of ways to "fix" the problem.

But it's much worse than that, Obama continues to push for money to fix the problems that he and others have caused as if the Almighty Dollar can solve everything.  And the hapless Republicans, minus a few, just go along to get along and act shocked when they find that nothing works.   More welfare, more foodstamps, more funding for schools that don't teach and, of course, don't forget the nine hundred trillion in the stimulus for infrastructure which was not used for that and no one claims knowledge of where it went.

The icing on the cake came just yesterday when the tragic Amtrak accident took place in Philadelphia.  The Democrats quickly jumped to the nearest microphone claiming that poor railroad infrastructure ha caused the tragedy and it was the fault of Republicans for not supporting more funds.  Then we found out that the cause was an engineer allowing the train to run a fifty mile per hour turn at over twice that speed.  Try doing that in a car and see if you don't end up with the same result.

We're out of money, folks, it's as simple as that and all the Fed printing and pumping will ultimately lead to nothing but the same results.  Sadly, however, it will be our children and grandchildren that will suffer the full brunt of our stupidity and it will not bode well for them.

It's time for the government to live within its means.  This requires scrapping of cost plus contracts and baseline budgeting and real cuts across the board.  Seriously, do you think there is absolutely nowhere that each agency can find to cut funds, including defense.  Waste is rampant in government operations and it must stop, just like each of us can't live for long breaking our own household budget.

Do we have the courage to demand the end to the "goody bag" which our representatives continually deliver to keep America under wraps.  The future is now and we must or else we might one day find ourselves singing the Chinese national anthem when the nation falls.  Stand up and fight now while you still can; money based on nothing is nothing.  Let's bring America back to something; something very special.

God bless America and may she ever stay free.



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    Hi, I'm James, a writer who studies nature,  animals and all things created by God. I also write from time to time about what I think God expects of us.  I would love to hear your thoughts on these subjects. I hope you enjoy my comments.

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