Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Puncture the cocoon of denial
Jewish World Review ^ | 1/2/12 | Mark Steyn

Posted on 01/02/2012 3:32:02 PM PST by Former Fetus

Ring out the new, ring in the old. No, hang on, that should be the other way around, shouldn't it? Not as far as 2011 was concerned. The year began with a tea-powered Republican caucus taking control of the House of Representatives and pledging to rein in spendaholic government. It ended with President Obama making a pro forma request for a mere $1.2 trillion increase in the debt ceiling. This will raise government debt to $16.4 trillion – a new world record! If only until he demands the next debt-ceiling increase in three months' time.

At the end of 2011, America, like much of the rest of the Western world, has dug deeper into a cocoon of denial. Tens of millions of Americans remain unaware that this nation is broke – broker than any nation has ever been. A few days before Christmas, we sailed across the psychological Rubicon and joined the club of nations whose government debt now exceeds their total GDP. It barely raised a murmur – and those who took the trouble to address the issue noted complacently that our 100 percent debt-to-GDP ratio is a mere two-thirds of Greece's. That's true, but at a certain point per capita comparisons are less relevant than the sheer hard dollar sums: Greece owes a few rinky-dink billions; America owes more money than anyone has ever owed anybody ever.

(Excerpt) Read more at jewishworldreview.com ...


TOPICS: Constitution/Conservatism; Culture/Society; Government; News/Current Events
KEYWORDS: nationaldebt; newyear; steyn
Last January, the BBC's Brian Milligan inaugurated the New Year by driving an electric Mini from London to Edinburgh, taking advantage of the many government-subsidized charge posts en route. It took him four days, which works out to an average speed of 6 miles per hour – or longer than it would have taken on a stagecoach in the mid-19 century.

What hapenned to progress and improving the quality of life?

1 posted on 01/02/2012 3:32:11 PM PST by Former Fetus
[ Post Reply | Private Reply | View Replies]

To: Former Fetus; All

Ironically, no comments.


2 posted on 01/02/2012 5:01:27 PM PST by PieterCasparzen (We have to fix things ourselves.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: PieterCasparzen

Well, what is there to add to what Steyn managed in this piece? It’s one of his serious ones, wherein he basically correctly identifies the situation, and clearly articulates it.

In past articles, he has held out some hope that people will wake up before the crash, and avoid the worst. My own view is that human nature is such, and those currently in power are so corrupt that we’ll have to go off the cliff before any corrective action is attempted.

The question, in my mind, is what comes after that? Are there enough freedom-loving adults to wrest control away from the socialists and their dupes?

I’m not optimistic.


3 posted on 01/02/2012 5:38:44 PM PST by absalom01 (You should do your duty in all things. You can never do more, you should never wish to do less.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Former Fetus. He peaked with his show, “Win Mark Steyn’s Money”.


4 posted on 01/02/2012 6:30:45 PM PST by SunkenCiv (Merry Christmas, Happy New Year! May 2013 be even Happier!)
[ Post Reply | Private Reply | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson