A Country In Denial About Its Fiscal Future

RealClearMarkets ^ | 12/26/2011 | Robert Samuelson

[SeekAndFind]

There are moments when our political system, whose essential job is to mediate conflicts in broadly acceptable and desirable ways, is simply not up to the task. It fails. This may be one of those moments. What we learned in 2011 is that the frustrating and confusing budget debate may never reach a workable conclusion. It may continue indefinitely until it's abruptly ended by a severe economic or financial crisis that wrenches control from elected leaders.

[Cringing Negativism Network]

Our economy is shrinking. It is shrinking because we are constantly sending the working part which actually create wealth - manufacturing - to our adversaries.

We are draining our own swimming pool.

[kearnyirish2]

The denial in this country is shrinking, too; many Americans are realizing that in a global economy there is no room for Americans who want things like lunch breaks, etc.

The election of Obama, and the subsequent mid-term rout caused by lack of any improvement, are indicative that the only people in denial are the American “media”. People who’ve been unemployed for 2+ years are seeing things with stark clarity.

[the invisib1e hand]

erase obamacare and watch our credit rating rise.

[DH]

Ever since the “Great Society” was foisted on us, all levels of government have come up with a cornucopia of ways to entice, prevent and even punish people from (or for) working for a living.

Recently, jacking up the minimum wage has really been good for the unemployment industry. It now has many more “customers” to receive unemployment and welfare benefits.

Unless we back up to 1950 labor laws and require any and all able bodied recipients of the government check (other than those on valid retirement checks) to go out and find a “productive” job.

Until then, the vermin that steal our money and freedoms will continue to flourish.

[servantboy777]

If we keep fishing from the same ol pond, were gonna keep catchin the same ol big mouth bass!

Status quo needs to change. The two party system has been so intrinsically perverted, the American people MUST change strategy in the way we elect our leaders or this country will die.

Socialism is socialism whether we get there rapidly or at a lil slower pace. Dems and Pubs have destroyed this nation under many banners, global free trade is one.

Not only are we shipping manufacturing overseas, our government has recently expanded H1B visa program to allow thousands upon thousands of foreign workers to come here.

The lie that the U.S. does not have enough engineers and skilled labor is furthering these efforts.

“Americans want access to cheaper goods” or “Doing the jobs Americans won't do” are deceptions drummed over and over to deceive Americans into apathy.

The current two party system is broken. We must change the way we elect our representatives....

[Mind-numbed Robot]

Our economy is shrinking. It is shrinking because we are constantly sending the working part which actually create wealth - manufacturing - to our adversaries.

It may seem as if we are wrapping jobs like Christmas presents and sending them off to various parts of the world but the American people are not. It is the Communists, primarily the Democrats and the media. They are employing one of the favorite tactics - the Cloward-Piven Strategy.

"Cloward-Piven is "the strategy of forcing political change through orchestrated crisis." Named after sociologists and antipoverty and voting rights activists Richard Cloward and Frances Fox Piven, who first elucidated it in a May 2, 1966, article for The Nation called "The Weight of the Poor: A Strategy to End Poverty," the Cloward-Piven strategy, in Horowitz's words, "seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse."

Our system of Free Enterprise, they call it Capitalism, has been overwhelmed with government regulations, an unfair tax system that penalizes achievers, Communists inspired labor unions and government give away programs to the "victims" they create. We are financing our destruction through these avenues.

Jobs are forced out of this country to facilitate our destruction. So was the "financial crises" which the Democrats engineered and executed.

You must recognized the elephant in the room, Communism supported by the Democrats and the MSM, to see what is happening to us.

[LomanBill]

Denial?  What Denial?

   

 

" Uhhhh, that's not ours either! "

---Weiner, Obama, Perry, Pelosi, Frank, Pritzker and Associates, LLLP.

 

 

Follow the....

http://www.campaignmoney.com/finance.asp?type=in&cycle=08&criteria=pritzker&fname=penny

 

Billionaire business mogul Penny Pritzker is a member of one of America’s richest families and was the Finance Chair for the presidential campaign of Barack Obama.  It was Pritzker that led the prolific, and illegal, fundraising that helped power Barack Obama’s presidential campaign.  She was the chair of Chicago-based Superior Bank’s board for five years.  Pritzker was into subprime lending before it became all the rage starting in around 2000.  Prtizker's chairmanship was to concentrate on sub prime lending, principally on home mortgages, but for a while in subprime auto lending, too, after the Pritzkers' bank acquired its wholesale mortgage organization division, Alliance Funding, in December 1992. Back then they called it "predatory lending." Superior Bank went belly up in 2001 with over $1 billion in insured and uninsured deposits; 1,406 depositors lost much of their life savings.  This collapse came amid harsh criticism of how Superior’s owners promoted sub-prime home mortgages. On Nov. 1 [2002] the Federal Deposit Insurance Corp. pointed the finger at Ernst & Young, Superior’s auditor, in a fraud suit filed in federal court here.  But that action came two months after a group of Superior depositors accused the bank’s owners and directors, including two members of the Pritzker family, of racketeering....

[snip]

...Pritzker is chairman of Classic Residence by Hyatt, luxury senior living communities in 11 states; chairman of The Parking Spot, which owns and operates off-airport parking facilities in nine cities; chairman of the credit data company TransUnion and chairman of Pritzker Realty.  She also sits on the board of Global Hyatt and plays a role in numerous non-profit groups, including serving as chairman of the Olympic village portion of Chicago’s bid to win the 2016 Summer Games. 

 

http://www.theobamafile.com/_associates/PennyPritzker.htm

 

 

 

Nudge nudge nudge...

 

[MontaniSemperLiberi]

Samulson’s now on board with a government debt meltdown coming. Ryan has pulled in his timeline from ten years to two to five years. Simple calculations say it will be two to five years....

Yet it’s not talked about very much. Not in the mainstream press. I wonder if it will be widely discussed before it happens. If it is, I wonder how many will realize that it’s been deliberate. The Left looks very much forward to a private wealth meltdown and the final assension of government much like Europe is going through today.

[radioone]

“prevent government deficits from destabilizing the economy”

The Cloward-Piven concept, instituted by Obama and the Democrats in 2009-2010, to overload the system and precipitate a crisis is working just as planned.