Our Government Spending Us into Becoming a Third World Country! MUST STOP IT NOW
Posted September 19, 2013on:
- In: Barack Obama | Economy/Money | Federal Reserve | Know the enemies of America | national deficit, taxes, national budget | Obama 2013 and beyond | Obama Against America | Obama and ethics | Obama Executive Decress | Obamanation | Obamcare repeal and replace | Progressives Movement to Destroy America | public service employees | Subverting America by Uri Bezmenov | Taxes | Unfunded liabilities
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People this is where the rubber hits the road and we are going down the drain. Warnings are coming from everywhere that the United States is on the skids and when we go there will be no way back. And when we go the world will rip us to pieces—-you better believe it. Top dogs are always ripped apart when they finally fall. Our economy is the only one in the world failing because of Obama’s policies. the rest of the world managed to come thru the bad time of the 2009 crash and are are the rebound. The United
States is still staggering around and losing businesses and therefore jobs daily. The government is telling us that the economy is growing however slowly. That is a lie! 47 million Americans are on food stamps for God’s sake. Only 24% of these are children so when the Progressives yell about starving children just don’t believe it! Many of these people are not really in need but have gotten on the gravy train because Obama lowered the requirements to get on. There is no work requirement for able bodied people before they can get on welfare in our country today. Obama did this by making things like “reading library books” a so-called “work fulfillment”. And when the reports come out about how many people are unemployed the numbers do not include the people who have simply given up and are no longer even trying to get a job. The real unemployment rate is near 17% which is almost as high as that of the Great Depression! All this due to Obama. Call and write your Congressman to stop Obama. Also tell them to rollback his Presidential Decrees. So many bad things have happened because Presidents have the right to make laws all by themselves without Congress.
We are in the mess with Public service (government workers) unions right now not from a law by Congress but because President Kennedy allowed it with a Presidential Decree! President Nixon took us off the gold standard where our money was backed by gold instead of the word of our government which isn’t worth the paper it is printed on. From that time the dollar has lost value and so has your standard of living and the wages you earn. You are making more money than you Dad but it is worth less!
The Federal Reserve ( a private company!) is printing money at the rate of $85 billion dollars a month in order to keep the economy from a total melt down. This money being printed is worthless—totally worthless , and at some point the house of worthless dollars will fall taking us into a hole we can never get out of because of the debt our government has saddled us with.
The following article should help you see what is happening. BB
The Congressional Budget Office just dropped a budget update on Washington, and it’s not good. The U.S. government is spending recklessly—and Obamacare is adding fuel to the fire.The new report comes at a crucial time, as negotiations over the debt limit are starting up again. Here are some basics to help you cut through all the political spin.
What is the debt limit?
Yes, it’s the legal limit on federal government borrowing—but the debt limit is a wake-up call. It’s a chance for Congress and the President to stop the spending insanity.
Why does it matter?
Government spending is accelerating with no end in sight as long as entitlement programs keep expanding.
Entitlement spending is the biggest driver of skyrocketing debt. In only 10 years, Social Security, Medicare, and Medicaid will devourhalf of the federal budget.
Of course, Obamacare’s new entitlements only add to this mess. Think health care spending is out of control now? “Obamacare is the single biggest factor driving the growth in mandatory health care spending over the next decade,” warns Heritage expert Alyene Senger. The insurance exchanges, the Medicaid expansion… it’s all adding to our spending problem. (continues below chart)
What should Congress do?
In a new Rasmussen poll, 58 percent of Americans “favor a federal budget that cuts spending.” Right on. Congress should cut spending, reform these programs that are ballooning the debt, and put the budget on a path to balance within 10 years. Facing the debt ceiling gives them the opportunity to correct the catastrophic course we are on.