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Deficits imperil America's Future- Just Say No!

By
Real Estate Agent with Connect Realty

With the passage of the most recent economic "bailout", America has almost certainly sealed its fate to become a nation with a very dim economic future. President Obama and our congressional "leadership" has failed us. The idea that we can borrow these enormous sums and somehow create financial strength with the kind and scope of proposed spending is prepostrous. Borrowing and spending these enormous amounts is like paying for ALL of your food, mortgage, clothing and entertainment with a credit card, while spending what income you generate in the meantime on "bad habits". Feels good while you still have an available line of credit... but payback is going to be very uncomfortable. When you accumulate the equivalent of a full years earnings on a credit card.. and you have no savings... what effect does that have on your future economic situation?

Wake up citizens. Our national deficit now approximates the entire ANNUAL Gross National Product. This is a plan for economic destruction. But that's not the worst of it. We have lived beyond our means far too long and now, adding this crushing additional debt to the already existing mountainous size of national debt, is a certain way to economic suicide. Our collective ignorance (or deranged arrogance) of basic economics is completely and utterly disgraceful. This latest round of "bailouts" adds more debt and "entitlement" program commitments than ever before! We are ACCELERATING our debt. It's like our congress and President are high on crack and feeling invincible, while ignoring common sense. We are all gonna go down if no one steps up and demand a return to sanity! This nation's citizen has watched too many America bashing movies and too many fictional TV programs and now, clearly, even our leadership can't distinguish between reality and pure fiction. Our "leadership" continues to deceive the masses with recent spending votes, while misleading the uninformed masses that all this is part of "hope" and "change" for our own good. In fact, these policies will lead us to utter destruction.

A Borrow more, spend more policy is NOT the path to a sound financial future- and when we realize the magnitude of this collosal mistake, it will be too late. It is doubtful we will recover without immense reduction in our standard of living.. Far too much of our collective incomes will be confiscated to pay back the excesses we have allowed congress to burden us with. In the past 5 years, Congress and the President have done more damage to America's future than any enemy beyond our borders could hope to inflict on us. And the damage has been massively increased within the past month. This lack of economic discipline will destroy our nation - and now subjects all of us to risks no one likes to think about. It will be used an excuse for IMMENSE central control over our economy and subject us to even more corruption that naturally follows where big government becomes "Big Brother".

Soon, our economy will become even more anemic, saddled with debt and inflation like we have never been through before. What America will look like in 10 years will be shocking. Islamic militants must be jubilant with the decisions this leadership is making.. as these policies will encourage and assist them in their desire to bring America into submission under Islam and Sharia. So much for freedom and liberty if that happens. College for your children? Only for the very wealthy. Small business opportunity? Capital will be unavailable.. growing a business will be exceptionally difficult- taxation will stifle internal growth and savings will be virtually impossible.. so we are left with a virtually bankrupted economy.

Here is a video that describes the reality we all will be going through. Our founders would be shocked at how quickly we allowed our government "leadership" to completely fall apart and usher in our economic destruction. (click on the little screen at the bottom right to maximize the screen)

So what do we do?

Educate your family, friends.. and remove the imposters from office who are destroying our country. VOTE for leaders who understand economics and who will make the hard choices the current class of clowns will not make. Until we CHANGE congress (the group that decides on federal spending priorities and amounts) we will continue to spiral into an economic cess pool the likes of which we have never seen, and may lead us into servitude.

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