A Generational Storm Is Coming

Bonner & Partners ^ | May 12, 2015 | Bill Bonner

[all the best]

Yesterday, we began our high-minded graduation speech to the Class of 2015.

We explained how the young graduates were not only the most heavily indebted in history, but also the least likely to be able to pay their debts.

Median wages have been going down since these graduates were about five years old… So have economic growth rates.

Today, we continue the speech no one wants us to give…

You are heirs to claptrap, nonsense, bogus theories, and trillions of dollars in debt.

The systems, programs, and institutions your parents set up are mostly worthless scams. Worse, they produce outcomes contrary to their stated goals.

Welfare programs do not help people escape poverty; they keep them mired in it.

Health care programs do not make them healthy; they make them dependent on the drug industry.

Defense industry spending doesn’t make us safer; it funds drones, bumbling interventions, and assassinations… and it creates more foreign enemies.

We end up not only poorer, but also less secure.

All of those assertions take more time to explain and prove than we have time for now. But here’s a little example that you will appreciate… 25 Years of Poverty

Under President Johnson, the government set up the Federal Direct Student Loan Program to provide “low-interest loans” (back then, “low” meant 8%) to students.

Private lenders make the loans, but they receive the full backing of the feds.

The idea was to help you afford higher education… and earn larger salaries as a result. And with your increased earnings you were supposed to be able to pay off the loan.

But at over 11% of outstanding debt, the Student Loan Program now has the highest delinquency rate of all forms of household debt (mortgage loans, auto loans, credit cards).

[all the best]

A society based on debt is doomed. Give and it shall be given unto you. Growth and prosperity come from producing and contributing. A country of takers has no future.

[heshtesh]

That’s why i don’t take anything and i don’t give anything!

[Yosemitest]

NEVER FORGET:

OBAMA WANTS 25 MILLION DEAD ( 4:42 )

Obama's Friend Ayers: Kill 25 Million Americans

Read an article from Tom Fife and a comment from thefife:

"This is my article revealing the fact
that Soviet Russia knew about Obama in 1992
and was involved in grooming him to be the first Black and Communist President."

Here's Tom Fife's article.

Tom Fife, an American computer networking specialist and international businessman, reported the alarming facts about the Kremlin’s connection to Barack Obama. The boast from a Communist Party official reportedly occurred during a business trip to Russia, 16 years before Barack Obama was ushered into the presidency of the United States.

“It was like an elastic band snapping all the way from 1992,” Fife shakily admitted, upon recall of the exact moment he realized the Communist official had been telling the truth. “It was a very, very scary feeling.”

Fife, a physicist and computer engineer, had been traveling to Russia for a joint venture with a state-owned company when the shocking revelation was revealed to him. After several business meetings, Fife and his partner were invited to the company owner’s home at the end of the journey for a farewell dinner.

The owner’s wife was a Communist Party official and was “climbing two ladders”, as Fife puts it, one ladder being the KGB and the other being the traditional Russian society and business ladder. As the evening wore on, the female Communist official became increasingly agitated over a perceived slight and her emotions spilled over.

“You Americans like to think you’re so perfect!” she snarled. “Well, what if I told you that very, very soon you’re going to have a black president… and he’s going to be a Communist!”

The KGB operative was not finished. As she had now dropped this bombshell on the entire gathering, she felt compelled to continue.

“His name is Barack,” she sneered. “His mother is white and his father is an African black. He has gone to the best schools, he is what you would call ‘Ivy League’.”

Fife recalls being stunned and shocked at the words flowing from the Communist’s mouth as she continued to rattle off an incredibly precise set of details about this Communist operative who was to supposedly become president of the United States.

The Communist official then stated that he was from Hawaii, but would very soon be elected to the Chicago state legislature. This has turned out to be an eerily prescient prediction, as Barack Obama was not elected State Senator until 1996, a full 4 years afterwards, as he took Alice Palmer’s seat.

In 1992, Obama had recently graduated from Harvard Law School and accepted a position as a Fellow at the University of Chicago Law School.

Perhaps the most shocking revelation is how deep the Soviet Communist network has embedded itself into American political and educational culture. A quick review of Obama’s political “career” shows a track that wasinexplicably greased, from his tuition payments at Columbia and Harvard, to a position at UOC Law School, to his eventual electoral “victories” at the Illinois State Senate, United States Senate, and U.S. Presidency.

Barack Obama’s parents ostensibly met in a Russian language class. This could have been where his mother was recruited by Barack Obama Sr, who could have already been working undercover for the KGB.

In order to brainwash the child from an early age, they surrounded him with diehard Communists and fellow KGB agents, such as Frank Marshall Davis, a known Communist Party USA official. The Soviet KGB directly funded the CPUSA. This would fit directly into what the Russian Communist said about ‘Barack’, boasting “He has been raised to be an atheist and a communist.”

“He will be a blessing for world communism,” Fife recalled her saying, after getting over the initial shock of hearing the current president was a KGB agent.

The creepy prediction stayed with the physicist upon his return to the United States, although he paid it no mind until he began to hear of an swiftly rising political star named Barack Obama. When Fife learned that this same Barack was running in the 2008 presidential election, everything snapped into place and he knew he had to tell someone.

Today, Fife admits that it deeply disturbs him and that he has never been able to shake the ominous feeling of foreboding about what comes next, now that the KGB official’s prediction has come true.

“It never leaves you, having someone tell you that they’ve engineered the takeover of your country,” he admits. “It’s really quite scary.”

Let us remember ...

"You Americans are so gullible.
No, you won’t accept Communism outright.
But we will keep feeding you small doses of socialism
until you finally wake up and realize you already have communism.
We won’t have to fight you;
we’ll so weaken your economy
that you will fall like over ripe fruit into our hands. "


Nikita Kruschev, Former Soviet Premier

There's NO "ENIGMA" ... to Barack Hussein Obama II.

The DemocratsNational Socialists, and FASCIST Obama are DOING IT ON PURPOSE!!!!

We were warned.

Obama tells Russian Leader 'After my Election I'll Have More Flexibility' ( 0:27)

[MrB]

Ayers picked 25 million at the time because it was 10% of the USA’s population.

[no-to-illegals]

a fiery ring ... wait till those in D.C. figure this out ...

[equaviator]

Egg McNothings for everyone!

[cherry]

I'm one of the parents he speaks of and I agree 100% with most of what he says.

..but I personally, nor my husband, have done anything to hurt our adult children nor our grandchildren's future..

..I've always railed against the abusive nature of SS and of govt pensions and the ills of Medicare etc...I don't vote in favor of increasing taxes 90% of the time....

yes....its a very bad future for our younger people....sadly, they don't even realize it....

I tell my bamma loving adult children that if they really believe in that arse and his ilk they better get themselves some govt job because at least they'll be in the money and the pensions...if they stay in private industry, they'll be shafted, as all of us in private industry have been by the govt...

[cherry]

yeah, but Romney was like, you know, a Mormon....couldn’t vote for him, no sirreee.....

[SZonian]

Romney is a liberal.

[litehaus]

Your post better than Ol Bonner’s rant.....Sure glad he stopped sending me all those OFFERS to join his PRIVATE clubs etc etc ...
He’s got more “FRONTS’ than any salesman I ever ran across....

[Boogieman]

“Barack Obama’s parents ostensibly met in a Russian language class. This could have been where his mother was recruited by Barack Obama Sr, who could have already been working undercover for the KGB.”

Yeah, at that time most of the people that studied Russian fell into two groups: Communists and sympathizers (like Lee Harvey Oswald) or people aiming for jobs in diplomacy/intelligence (like Condoleezza Rice).

[Yosemitest]

What’s worse, ... the ILLEGAL ALIEN IN CHIEF, or ... his choosing and listening to the directions FROM AN IRANIAN SPY ?