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

To: OneWingedShark; All

Thanks for your reply.

You are assuming that the US Federal Government will not suffer the same fate as the present Greek Government.

I am assuming that we have less than 10 years before China stops buying our US Bonds, which are currently used to pay for our Keynesian Welfare system.

As the US Federal Government continues to Nationalize Private Businesses, the Keynesian Fecal Federal Finger of Debt will rapidly increase the politicians desire to cover their financial debts by increasing the Nationalization of Private Businesses.

During this time US Corporate flight to Business-friendly Nations will be swift.

Hence, the expense of a standing Army with very expensive Drones to control the unemployed population, will diminish the ability of these “Public Servant” Federal Politicians to interfere with our State Constitutional Conventions.

Like it or not, the US Federal Government Debt Bubble will burst within the next 10 years as quickly as the Federal Housing Debt Bubble burst in September, 2008.

In 2008 and 2009, only 30 % of the wealth in the World was destroyed.

“WHEN YOUR OUTGO EXCEEDS YOUR INCOME, YOUR UPKEEP WILL BE YOUR DOWNFALL.” (PAUL HARVEY)


65 posted on 06/26/2012 4:29:13 AM PDT by Graewoulf ((Dictator Baby-Doc Barack's obama"care" violates Sherman Anti-Trust Law, AND U.S. Constitution.))
[ Post Reply | Private Reply | To 64 | View Replies ]


To: Graewoulf

You are most likely right; there is no way this level of spending can be kept up. (I knew this back in the 90s, and it was perhaps my first conscious realization regarding government/politics.)


66 posted on 06/26/2012 7:23:10 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
[ Post Reply | Private Reply | To 65 | View Replies ]

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