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Thread: US Debt Unsustainable

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    US Debt Unsustainable

    The government needs to take action to correct the unsustainable debt load.
    The only real question is whether these adjustments will take place through a careful and deliberative process that weighs priorities and gives people plenty of time to adjust to changes in government programs or tax policies, or whether the needed fiscal adjustments will be a rapid and painful response to a looming or actual fiscal crisis. -Bernanke
    http://www.economicpolicyjournal.com...states-is.html

    This should give them some motivation.
    Finally, a large federal debt decreases the flexibility of policymakers to temporarily increase spending as needed to address future emergencies, such as recessions, wars, or natural disasters. -Bernanke
    http://federalreserve.gov/newsevents...e20101004a.htm
    Bernanke discussed social security and health care, but not military and DHS spending.
    He said that "pay as you go" budget spending is not conservative enough because the deficit must come down. It is does not take into consideration recessions.

    "If something cannot go on forever, it will stop." -Herb Stein

    It is predicted by other economist that there will be more money printing, more taxes, and more service cuts.

    Even with all the money printing, the predicted runaway inflation has not come yet.
    a growing number of officials at the Federal Reserve that it should risk another bout of quantitative easing - printing money to inject into the economy.
    http://www.telegraph.co.uk/finance/c...forecasts.html

    It is yet to be seen whether or not the Bush tax cuts with be extended. The healthcare tax is predicted to be around 4%. They still want more climate change taxes on top of this.
    Largest Tax Increase in US History
    http://www.investorsinsight.com/blog...s-history.aspx

    There has been talk of a "war surtax" for the wealthy neocons that like war so much.

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    It should be clear to anybody that the only way the U.S. can handle the debt is a) default or b) keep printing money. A third option would be to wage war on China, but I don't see that happening. Bernanke is on record saying that diversity is great, but anybody with a hint of brain processing power can see that diversity is in direct opposition to any sound fiscal policy. America and Europe both will keep browning out until our people are extinguished, unless we get rid of these goddamn jews and their shabboz goyim, by force. It's like meat on a pan and nobody added any oil, so we keep turning brown until we are well crispy. Eventually you'll have to scrape the remains into the trash can.

    Thankfully, we have the magnanimous Israelites telling us how to fix thing. They bring their tikkun olam to fix our societies. Imagine a plumber coming in to your home with a universal key and saying "I'm here to fix the sink!", then working several hours and leaving you with a flooded apartment. "Yeah, thanks... but my sink wasn't broken..."

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    Quote Originally Posted by Zogbot View Post
    America and Europe both will keep browning out until our people are extinguished, unless we get rid of these goddamn jews and their shabboz goyim, by force.
    Unless you have revolutionary armies or triads/yakuza fashioned structures in your pocket, it is certain, we are going to die.

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    Quote Originally Posted by cortodanzigese View Post
    Unless you have revolutionary armies or triads/yakuza fashioned structures in your pocket, it is certain, we are going to die.
    Absolutely. Alexander Solzhenitsyn, whose book "200 Years Together" I believe should be required reading in every school, put it this way:

    Quote Originally Posted by Al
    There is little such readiness (to die) in a society raised in the cult of material well-being. Nothing is left, then, but concessions, attempts to gain time, and betrayal.
    This is the 'conservative' party line. They have no interest in anything except self-preservation - personal, not racial. Now, I'm not advocating anything here () but unless we take up arms, there is no victory in sight. That's the way it is. Anybody who says there's a non-violent solution to our problem is an anti or in denial.

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    If the wars are stopped it can be paid of in a few years (I think the calculations are 3 or 4 years).

    My observations are that Obama personally wants this (as a Muslim he probably loathes it). But being the dumb puppet he is, he has no chance. If he tries the fate of Kennedy is waiting for him, the shooter will be a white racist. You know the game.

    The debts are not really the problem, it is the outsourcing and the he direction 3rd World America is heading.

    White people are going progressively dispossed which should according to Jews lead to more mixing as the brown race is privileged over whites. We will see were it is heading.
    weel nich will dieken dej mot wieken

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    Quote Originally Posted by Zogbot View Post
    Now, I'm not advocating anything here () but unless we take up arms, there is no victory in sight. That's the way it is. Anybody who says there's a non-violent solution to our problem is an anti or in denial.
    Actually non-violent solution still exists and I believe in it. My example is peaceful revolutions that destroyed communism 20 years ago: ordinary people grew so tired with red nonsense that they basically boycotted the system to death. Multicultural regime of our times has much more absurds and contradictions that old communism ever had. This is our chance.

    Another example would be Gandhi's phenomenal success in making India's independence: he relied on conscious masses and boycott was his weapon, not violent actions. His followers most of the time, concentrated on collectively ignoring the system, its propaganda and its commands. System failed. Note that India was ruled by thin elite that was racially foreign - just like indoeuropean countries today.

    Violent actions only have reason, when Sun Tzu's laws of war apply to your situation and victory is assured: as for now you have no chance in armed confrontation with the system. And besides, even in such situation you must have conscious, brainwash-free masses.

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    Quote Originally Posted by cortodanzigese View Post
    Actually non-violent solution still exists and I believe in it. My example is peaceful revolutions that destroyed communism 20 years ago: ordinary people grew so tired with red nonsense that they basically boycotted the system to death. Multicultural regime of our times has much more absurds and contradictions that old communism ever had. This is our chance.

    Another example would be Gandhi's phenomenal success in making India's independence: he relied on conscious masses and boycott was his weapon, not violent actions. His followers most of the time, concentrated on collectively ignoring the system, its propaganda and its commands. System failed. Note that India was ruled by thin elite that was racially foreign - just like indoeuropean countries today.

    Violent actions only have sense, when Sun Tzu's laws of war apply to your situation: as for now you have no chance in armed confrontation with system.
    All I can say is that I disagree. The problem with a peaceful solution, the problem that approach faces, is that the enemy controls all venues of resistance. JFK said: "When you make peaceful change impossible, you make violent revolution inevitable." This is the crux of our system. There is no opting out of it. Just now in the U.S. they outlawed personal crops. Hence, you'll absolutely have to eat Monsanto poisoned garbage. Can't farm your own. Whites form a militia? Racist haters who must be beat down and disarmed and thrown in jail for sedition. Jews form a militia? Silly boys in uniform.

    Now, I am not advocating that anybody pick up a gun and go shoot somebody. All I am saying is that this repression of Whites by the jews and their shabboz goyim will absolutely, inevitably lead to terrible violence. I certainly don't want White people to have to fight another war against their racial kinsmen. That's the last thing I want. But the reality is what it is. Racialist people are absolutely hammered in the media, ridiculed, called criminals if not in fact, then in thought.

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    I think what Bernanke was trying to hint at is that the Fed will not continue printing money & keeping interest rates at near zero for much longer. Instead of hyperinflation he is threatening to force Congress, by raising interest rates, to slash spending, raise taxes & default on entitlement programs. Bernanke does not want the dollar to collapse on his watch but it is too late. Congress will either impeach Bernanke or abolish the Fed & take over the monetary printing presses themselves, befroe the would ever contemplate cuting spending or defaulting on programs like social security & medicare.

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    Well I believe that if America wants to survive we are going to have to
    eliminate China from the picture.Stop trading and outsourcing our jobs to
    these chinks.You think Jews are crooks,well let me tell you,there is no
    one more crafty,more deceitful than a slant eyed gook.

    Bill and Hillary Clinton should be held for Treason for selling the U.S. out
    to China so that Wal-Mart could benifit from the use of cheap labor.Those
    two clowns really hurt the U.S. more than most folks know.Any time I
    hear somebody say Bill Clinton was the best President,I clinch my fist.

    Also the only way we are going to get the Dollar back on track is to raise
    taxes,eliminate social benefits like Subsidized Housing,Health Care and
    Food Stamps.Also we need to pull out of all overseas wars and please
    stop aiding Israel and Africa.Those countries don't deserve a dime.

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    Bernanke has downplayed the outlook for inflation, just before QEII is about to begin.
    Saxena expects that QEII will occur in order to avoid default, and that as a result the value of the dollar will go down quite a bit. He also claims that the Federal Reserve has been responsible for most of the price inflation in the US since 1913.
    The US Dollar is Doomed
    By Puru Saxena
    Not only did the Federal Reserve nationalise the banks’ losses but more importantly, Mr. Bernanke’s money creation efforts have seriously undermined the viability of the US Dollar.
    http://dailyreckoning.com/the-us-dollar-is-doomed/


    One of the better written articles by The Mogambo, it is both informative, and hilarious. It states that inflation is being under reported. Then it covers how the Fed has to buy US Treasuries, because there is no country that wants to buy the debt anymore. It concludes with the possibility of inflation.
    Default or Hyperinflation: The US’s Only Two Options
    By The Mogambo Guru
    http://dailyreckoning.com/default-or...y-two-options/


    Al Martin warns about ETFs. He also states that printing money does not necessarily create inflation by itself.
    Commodity ETFs:Joe Six Pack's TrickleUp Economics (continued)
    by AL MARTIN (AL MARTIN RAW
    http://www.conspiracyplanet.com/chan...id=7380&page=2

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