Archive for the ‘U.S. National Debt’ Category

Are Americans Gullible or Deceived?

May 21, 2020

James F. Gauss, Ph.D.

Author of Revelation 18 and the Fate of America

May 21, 2020

 The fear of the Lord is the beginning of knowledge,

But fools despise wisdom and instruction.

Proverbs 1:7

(I am deliberately leaving out my sources to encourage you to do your own research. It is incumbent upon you to be diligent and wise. If not for yourself, think of the future this COVID-driven hysteria is creating for your children and grandchildren.)

I am a World War II baby, born right after the start of that Great War. I grew up in an era of contagious diseases. Polio and tuberculosis (TB), in particular, were the scourges of the country and there was nothing at the time to stop them. But there was also German (yes, GERMAN) measles, chicken pox, the mumps (all viruses) and the potentially deadly scarlet fever. These were the common plagues of my youth. Just about all my friends and myself contracted the big three—measles, pox and mumps. Admittedly, they could be serious, but usually not life threatening.

For those who came down with polio or TB, they received treatment and often with severe cases of TB, the sufferers were sent to TB sanitariums to help them get better. In some cases, the sick were isolated (quarantined), but the healthy continued life as usual. I vaguely remember being “quarantined” in the hospital for some reason as a young child. I remember being in a room (maybe ward) with other children with the same disease. But my family was not quarantined.

I get it! I understand that COVID-19 can be dangerous, and initially, little was supposedly known about it and its virulence. In the past, there have been far greater disease threats or other perils to the American public, but none of them resulted in a virtual complete shutdown of the American economy and way of life, or the freedom of movement and expression. Why? Why is this so different?

For you Trumpers out there (and I’m still one), I believe President Trump has been doing an Herculean job in trying to keep things together, but I believe he has been outnumbered, bamboozled and grossly misled, as well as outright lied to repeatedly, as have been the American people. Keep this thought in mind from here on: “Let no good crisis go to waste.”

Let’s be clear, “The Virus” did not create the crisis with which we now find ourselves trying to survive. Politicians and wayward health “professionals” did and continue to do. Politicians and medical “advisors” knew early on what we were dealing with, but instead of promoting calm and reason, ratcheted up the hysteria and misinformation on a 24/7 schedule ad nauseam. After three months of infection alerts, data accumulation and two months of “lockdown” the facts illustrate that COVID-19 is no more impactive than the annual flu. Hold on! Before you mask wearers get in an uproar. The “authorities” knew early on that COVID-19 was the biggest threat to the elderly or those with other morbidity issues (heart disease, diabetes, cancer, etc). The statistics bear that out. Depending on the sources and states one looks at, the vast majority of deaths that are COVID-related (85-90%) are in those two risk groups. Healthy seniors and healthy children and adults under age 65 are at very low risk for this disease.

Overall, across the country, less than 0.02% of people have confirmed cases, but not necessarily sick from the disease. Of those who actually have symptoms of COVID-19, again, less than 0.02% have died. However, here’s the caveat: the statistics for COVID-19 have been grossly skewed upward from the very beginning to mislead the public and maintain a certain level of panic among the populace. Don’t believe me? Do your own research. Medical professionals on the front line all over the country have been coming forward and testifying that they have been told, coerced or forced to code virtually every death during the COVID scare as a viral death. Check the CDC data for deaths from other causes, like heart attack, cancer, etc. during this period. Particularly, for high COVID-incidence states, like debt riddled and poorly governed New York.

It was recently revealed that in NY, as COVID deaths mounted, deaths from heart disease (down 85%) and cancer (down 87%) dramatically dropped. Hmmmm! How does that happen? People have less heart attacks during one of the most stressful times in the nation’s history? However, NY is not alone. Similar stats show up in other states and as a nation. Why would politicians and medical administrators want to artificially inflate the COVID numbers? On the political side, to keep the panic stoked so that they could push through their non-COVID political agenda while people were totally focused on this manufactured crisis. For medical facilities it was a survival strategy. Since the government put hospitals and clinics on lockdown except for COVID patients, hospitals and clinics were starving for cash. For each COVID patient, the government promised to reimburse the medical facility $13,000. For each patient they put on a respirator, they would get $39,000. However, now there have been reports, in which many patients have died, not from COVID directly, but from faulty or prolonged use of respirators.

I do not fault the medical institutions entirely. Mayo Clinic in Rochester, MN reported a few weeks ago that they expect to lose $3 billion this year. Many rural hospitals, already struggling financially, may have to close before this all settles out. And why? Because elite bureaucrats thought it was a good idea to hamstring every medical institution in the country and forbid them to carry on business as usual? Why not let each individual facility develop their own game plan that would enable them to survive and still serve their communities? Too much common sense or a plot of socialized medicine?

The Restaurant Debacle. Thousands of small businesses are falling prey to two months of closures. Thousands of restaurants, some in business for generations will never re-open. Many that do re-open may not make it to the end of the year under the draconian re-opening guidelines, unless they are very well capitalized. Restaurants (not the fast food guys) have already missed out on three big weekends (Easter, Mother’s Day and Memorial Day) in most states, plus millions of birthdays, weddings, graduations and other celebrations. With punitive re-opening guidelines by almighty governors that will make it nearly impossible to make a profit, it is hard to see many restaurants surviving. In Minnesota, for example, the governor’s new edict on May 20 will benevolently allow restaurants and bars to re-open on June 1, but only at 50% capacity (but no more than 50 people total) and only for outdoor patio “dine-in” or take-out customers. No more than 4 people per table (6 if family) and tables must be 6 feet apart. Apparently, it does not matter if your restaurant was designed to hold 25, 50, 100 or 500 diners, you are still limited to 50% and a maximum of 50 customers.

Both staff and customers must wear masks. In Minnesota, where there is maybe five months of clement weather, how many restaurants and bars have outdoor patios sufficient to replace only 50% of their clientele? Not too many would be my guess. In addition, not too many restaurants or bars can prosper at 50% capacity, especially during anticipated busy weekends. So sorry, but you may be saying goodbye to your favorite restaurant or restaurants forever.

Church. Now, here’s the real sore spot for me. With 501 c3 designation controlling the freedom of expression of most churches in America, the church, by-and-large has been indebted to the government, both state and federal. Many leftist democratic states are preventing churches from opening up as long as they can, and when they are “allowed” they face very restrictive “guidelines” that hamper their ministries. Minnesota, where churches have been forcibly vacated for about two months, is a good illustration. On May 20, Governor Walz (D-MN) offered up his umpteenth edict. While Big Box stores like Wal Mart and others have been allowed to stay open, where hundreds and thousands of people are in and out all day and night, churches have been shuttered. The overwhelming majority of churches across the country have readily complied, many even citing Romans 13 as their required act of obedience. But now, the patience is wearing thin and parishioners or congregants are putting pressure on their church leaders to get off the fence and do what Jesus would do for His people and His church.

Back to Governor Walz of Minnesota. Walz declared that churches, along with salons, gyms, tattoo parlors (yes, churches are linked to tattoo parlors, don’tcha know), fitness centers, theaters, etc. will have to wait until sometime this summer to possibly, maybe, receive their decree from the almighty powers to be, to re-open.

However, what will church look like in the post-virus craze? Right now, groups over 10 are verboten. Maybe 50 will be permitted. Some things are likely to be required. Maintain social distancing of six feet, wear your mask, and avoid all personal contact and no more than 25-50% capacity. Think about it, if you are a pastor or church member. How will this affect your church culture and cohesiveness? No more welcoming handshakes. No more nestling together with friends in the same pew or seating arrangement. No more extending the hand of fellowship as is common in many churches during the service. No more laying on of hands or group corporate prayer. What about your church choir or worship team? Will they have to be scaled down and forced to distance themselves from one another? Or will singing be allowed at all? What about communion? In most churches the communion elements are personally handled, even by others before you receive them. And, what about that bastion of church unity, the potluck or pot blessing? Is that now going to be scuttled into the dust bin of time? How can churches survive without their potluck dinners? What about bingo? Say it ain’t so, Aunt Sally! Will money now be designated by the state as “filthy lucre” and therefore be forbidden in the collection plate? Will churches succumb to being state run?

If churches and their leaders, both singularly and corporately, do not take a firm, whatever the consequences stance now, church as it was designed to be by Christ and as it should be, will disappear. We Christians will have no one to blame but our feeble selves.

Mask or not to Mask. If you feel more comfortable and safe wearing a mask, you go right ahead. But please, do not wear one when you are driving a vehicle or operating machinery of any kind. You could cause an accident, injure yourself or even die—yes, die. Look it up! Hundreds of medical professionals and researchers are finally coming forth with the truth. MASKS DO NOT WORK! They will not prevent you from getting COVID-19 or many other viruses. Members of Congress do not fully believe so. Many seem only to wear masks when they are in front of a camera, and then usually wear them incorrectly. They apparently are useless for felons since thousands of them are being sprung on U.S. citizens so they do not get the virus. Wake up folks. This is all a game and the American citizen is being shut out by a score of scads to nothing (zippo, nada, zero).

“Social Distancing,” the New 21st Century Self-Imprisonment. One way to destroy a society is to require that individuals distance, that is, disengage themselves from other people. It is not only demoralizing, but for some it can be extremely depressing and life threatening. Think about it. How many of our beloved seniors and younger, that have died (whether from COVID or something else) have died without family members at their side in the last 2-3 months? When has this ever happened in America? When has this ever been tolerated in America? NEVER! Will you allow it to happen again? Will you allow your mother, father, spouse, child to die alone? What about you? Would you want to die alone? The “powers to be” are shattering American society and far too many people are cheering them on. Socialization, whether at church, work, business, restaurants with family, friends or co-workers is the social fabric of America. It always has been, but will it always be? Only you can prevent it from disappearing from your life.

Destroying the Food Chain. Briefly. Destroy a nation’s food chain and resources and you can have the people on their knees begging for crumbs. It is outrageous, and sinful, that farmers all across the country have been forced to euthanize millions of hogs, chickens, cattle and other livestock because their processors were forced to shut down. In addition, farmers in southern states and out West were forced to plow under crops ready for harvest; dairymen had to dump millions of gallons of milk because they had no outlets. For the very first time in my eight decades on this good earth, I found meat departments empty or nearly so. Eggs not available. Chicken, an almost every day staple for many, scarce. In America? Can’t happen, you say. But wait, the worst is yet to come, say the “experts.” And they are likely correct.

Beholden to the Government. Most Americans, so distant from the reality of the United States Constitution, appear to applaud the government as their savior and prostrate themselves over every little crumb the Burgermeisters deem them worthy of receiving. This “crisis” is just one more giant step, not for mankind, but toward governmental serfdom and total dependence on a small select group of uncivil servants of the public. Just look at how simple and fast they got the American citizen, who is “guaranteed” unrestricted freedom and liberty, to completely shut down their daily lives and voluntarily accept near abject poverty, all for the “common good.” Within a scant two months, over 35 million formerly gainfully employed Americans were told to go home and stay there until “Big Brother” said it was okay for them to stick their heads out in public.

It was so easy, so quick and Americans were so compliant. Just imagine what we will be asked to give up next time and for how long. The stage is already being set for a “do over” in the fall or winter, just in case the unemployment starts to rebound.

Well, this is getting pretty long and there could be no end in sight if I continue. But think of everyday things you and I take for granted and how state and federal government are forcing changes you and I are not likely to embrace, in addition to those already addressed. What about our educational system? How will it be affected? Some primary schools are already discussing the continuance of “distance learning.” Some colleges and universities are talking about the possibility of not re-opening their campuses until 2022. And, my pet peeve: Many stores and shops used to have chairs or benches inside or outside for the weary traveler to rest an aching back or tired feet. Now, they have disappeared or made inaccessible. Are you kidding me! If you do not want to sit by me because you think I might give you the “plague,” fine, don’t. I enjoy solitude too. But why deny me a place to rest my weary body? This is just one of countless absurdities that is ruffling my feathers. But I’m sure you would have your list too if you would just take a minute to reflect. And don’t get me going on sport activities at all levels. Has that been destroyed too?

The “New Normal.” Almost from day one of the pandemic we have been assaulted with rhetoric, largely from politicians on the left, that there will be no going back to a normal life in America, but we will enter into a “new normal,” whatever that is. Are you comfortable with this new politically-defined life for you and your offspring? I, for one, am very disturbed and greatly irritated by this. You should be too. In case you have not noticed, your constitutional rights are being systematically stripped away one by one and far too many clueless Americans seem so very happy to have it happen as long as they perceive that they are safer now.

Who stands to benefit from this disaster? One group, I assure you, that will not benefit, and that is the American people. The democratic socialist Marxists, however, are squealing with glee. They have never had a greater opportunity to so easily pursue and implement their anti-American, anti-capitalist, anti-constitution agenda. This is THEE “never let a good crisis go to waste” crisis that they could not have fully imagined, yet have fully taken advantage. All that “stimulus” money to help the “po folk” was an illusion to permit them to load up with financial pork for their favorite cronies, abortion clinics and their ilk. All the while gleefully putting the American taxpayer on the hook for trillions more in unaffordable U.S. debt. How nice of them. A key objective, despite the immense pain for American households, was one last ditch effort to destroy the “Trump Economy.” Russia-gate did not do it. Ukraine-gate was a failure. Impeachment was a disaster. What’s left that could so utterly and rapidly destroy President Trump’s hallmark and re-election hopes? Need I explain further?

And, I have not even touched on the likely horrendous financial impact on Americans and America. However, if you have the fortitude, you could read the article linked below.

Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety.

Benjamin Franklin

Also read: Is America Headed Toward Insolvency?

 

Is America Headed Toward Insolvency?

May 8, 2020

Is COVID-19 and the Government Response Plunging America & Americans into Economic Ruin?

James F. Gauss

IRS Definition of Insolvency: When total liabilities exceed total assets.

Over eleven years ago, on January 3, 2009, I posted a short blog on “The Burden of Debt.”  It was right before President Obama’s first inauguration.  At that time the National Debt was $10.7 trillion and total debt as expressed in “unfunded liabilities” (the sum of all federal, state and local government debt, international, private household, business and domestic financial sectors—including federal debt to trust funds, such as Social Security and Medicare) was $53 trillion or $175,154/person.  By the end of 2015, according to Michael Hodges’ highly respected Grandfather Economic Report (the last one I could find), the total debt had risen to $70 trillion.

Where are we now? As of yesterday, according to the US National Debt Clock.org (https://www.usdebtclock.org/), the U.S. National Debt just exceeded $25 trillion or $201,724/taxpayer.  The huge increase is buoyed, of course, by unfettered government spending, the continued “War on Terror,” social welfare spending and now COVID-19 and the ill-advised shutting down of the U.S. economy coupled with trillions in “bailout” spending and political pork barrel largesse.

However, that is not the total picture.  America’s total debt has mushroomed to $147.4 trillion or $447,153/person and now exceeds Total National Assets of $144.2 trillion.  Is this sustainable?  I do not think so.

The Gross Domestic Product (GDP), or the total value of all goods and services in the U.S. for the year is currently $21.36 trillion, but thanks to the boneheaded response of politicians to COVID-19, the GDP is shrinking rapidly due to unemployment skyrocketing and businesses being shuttered and interstate and international commerce coming to a virtual standstill.  Tax revenues across the board (federal, state and local) are plummeting and politicians are scrambling to keep their “kingdoms” afloat and public services meaningful.  As a result, the U.S. Debt to GDP ratio has risen to 117.2% and continues to rise daily.  The same for the Total Debt to GDP, which is 132.5% and rising.  During the economic crisis of 2008+ many countries were economically destroyed with those levels of debt to GDP.

President Trump’s FY2020 budget of $4.7 trillion has been blown out of the water.  Official Federal spending is approaching $6.2 trillion with the worst yet to be figured into the over spending.  The Debt Clock estimates that “actual” spending figure is $6.75 trillion.  Clearly, the country and its citizens cannot afford this largely manufactured crisis.  What will be the ultimate outcome and how will Americans respond?

As of today, 33 million Americans have lost their jobs or been temporarily “furloughed.”  The US National Debt Clock site puts the “actual” number of unemployed at just over 40 million.  In January, the unemployment rate was a scant 3.6%, hovering around record lows. Four months later, at the end of April it had catapulted to a record high 14.7%.  It is feared that it will exceed Great Depression levels and rise to an incredible 25-30%.

Despite all this economic doom and gloom, the Democrats want to further their socialist agenda of economic enslavement with the announcement yesterday that they plan to push for another multi-trillion dollar “stimulus” package to bail out their failed democratic governors who mismanaged their state’s resources.  The financial and emotional burden being forced upon the American people is unconscionable and criminal and must be stopped.  The crushing weight is not only being shouldered by American families and taxpayers of today, but will crush the dreams of generations to come.

Check out my book, Revelation 18 and the Fate of America

Related links.

The Burden of Debt

America’s Financial Armageddon

America’s Financial Armageddon Re-visited

America’s National Debt–an Economic Gut Buster

God’s Judgment in One Hour

March 19, 2020
BookCoverPreview.Revelation 18.front

Revelation 18 and the fate of America

(Excerpted from Revelation 18 and the fate of America.)

Therefore her plagues will come in one day—death and mourning and famine. And she will be utterly burned with fire, for strong is the Lord God who judges her. . . .

. . . standing at a distance for fear of her torment, saying, ‘Alas, alas, that great city Babylon, that mighty city! For in one hour your judgment has come.’

Revelation 18:8, 10

In Revelation 18 it is stated that Babylon’s judgment will come swiftly—“in one hour”—and is mentioned twice in verses 8, 10 and 17. But is that possible in this day and age? The simple, direct answer is, yes, but first let us take a look at America’s financial foundation and the financial stability of the world before reaching any conclusions.

United States of America’s National Debt. On October 18, 2013 America’s National Debt was rapidly advancing past $17 trillion or 107 percent of GDP (Gross Domestic Product). To gain a perspective on the significance of America’s debt one should look at the history of America’s indebtedness as well as compare the current national debt to that of some other countries.

At the end of 1929 America had just suffered a major financial collapse. The national debt was a mere (by today’s standards) $17 billion or 16 percent of GDP. By the end of 1933 and with advent of President Franklin Delano Roosevelt’s “New Deal” Great Depression recovery plan, the United States was $23 billion in debt or 40 percent of GDP. At the end of 1941 and just after the country entered into World War II against both Germany (and the Axis powers) and Japan, the national debt stood at a manageable $49 billion or 39 percent of GDP.

The same prudence which in private life would forbid our paying our own money for  unexplained projects, forbids it in the dispensation of the public moneys. Thomas Jefferson, Letter to Shelton Gilliam, June 19, 1808

When World War II ended in 1945 at a cost of $296 billion for the United States, by the end of 1946 America’s national debt had soared to $269 billion and a historical high of 121 percent of GDP. During the post-war recovery the debt remained relatively stable from 1946 to 1960, ranging from $252 billion in 1946 to $286 billion in 1960. During the same period the debt to GDP ratio steadily declined from 121 percent to 54 percent. During the decades of the 1960s and 1970s the debt grew steadily, but the GDP growth rate exceeded the debt growth rate so that the debt to GDP ratio dropped further to a post-World War II low of 31 percent by the end of 1981 but just before the recession of 1982 hit.

We must not let our rulers load us with perpetual debt. Thomas Jefferson, Letter to Samuel Kercheval, July 12, 1816.

Just before the start of Ronald Reagan’s first presidential term, the national debt had risen to just under one trillion dollars—$908 billion or 33 percent of GDP by the end of 1980. During the Reagan presidency of two terms the national debt more than doubled to $2.6 trillion or 51 percent of GDP by the end of 1988.

During the two presidential terms of William Clinton the debt grew modestly from $4.4 trillion to $5.674 trillion while the debt to GDP ratio fell from 66 percent to 57 percent. From 2001 to the end of 2008 (the George W. Bush presidential years) the debt climbed significantly to a little over $10 trillion or 70 percent of GDP. Although this increase in indebtedness was dramatic, America was about to become shell-shocked.

With the election of Barack Hussein Obama in 2008 as the country’s president, America would witness the reality of a big-spending government behemoth like never before. By July 4, 2013, less than six months into his second presidential term, President Obama has overseen the growth of the country’s debt to $16.9 trillion or 107 percent of GDP. By the end of his second term (if the taxpayers allow him to get there), the national debt could well exceed $20 trillion. If so, he will have accumulated more debt than all 43 presidents before him and the United States will be on the verge of financial ruin (if not before then).

Everett Dirksen, the former Republican who represented the state of Illinois in the U.S. Senate from 1951 until his death in 1969, when reflecting on the national debt in 1965 (which was $317 billion), told this humorous story, which he labeled “cat in the well”:

One time in the House of Representatives (a colleague) told me a story about a proposition that a teacher put to a boy. He said, ‘Johnny, a cat fell in a well 100 feet deep. Suppose that cat climbed up 1 foot and then fell back 2 feet. How long would it take the cat to get out of the well?’

Johnny worked assiduously with his slate and slate pencil for quite a while, and then when the teacher came down and said, ‘How are you getting along?’

Johnny said, ‘Teacher, if you give me another slate and a couple of slate pencils, I am pretty sure that in the next 30 minutes I can land that cat in hell.’

If some people get any cheer out of a $328 billion debt ceiling, I do not find much to cheer about concerning it. (Congressional Record, June 16, 1965, p. 13884).

In the world of American politics and financial mismanagement, the way to deal with the ever skyrocketing debt is not to restrain spending but just to raise the level of the amount one is allowed to spend. A similar philosophy followed by the American taxpayer would soon land them in prison.

Debt to GDP Ratios Around the World. The one most commonly used measure of a country’s economic health is the Public Debt to GDP (Gross Domestic Product) ratio or percent of public debt a country owes compared to their GDP. Public Debt is the amount of money the federal government owes itself and other creditors.

With America’s debt to GDP ratio at 107 percent and rising daily, how does the country measure up to other developed countries, as well as third world or undeveloped countries? Global Finance reported on the Public Debt to GDP projections for 2014 for OECD (Organization for Economic Co-operation and Development) countries. The OECD includes just about every developed and developing country in the world. The debt to GDP for all OECD countries is projected to be 113 percent.

The worst country by far is Japan at 246 percent. Japan is followed by the European Union countries of Greece (200%), Portugal (135%), Italy (131%), Ireland (128%), United Kingdom (114%), France (110%) and Spain (105%). All of these Euro countries are in significant financial trouble and turmoil. The United States is projected to be at 114 percent debt to GDP, the same as the UK.

Other European Union countries, such as, Switzerland (39%), Germany (85%), Sweden (47%), Norway (43%), Finland (54%), Denmark (48%) and the Netherlands (72%) are looking much better.

By comparison, how do some of our non-European allies and adversaries look financially? Of the United States’ clear allies, Canada appears to be in the worst shape but still healthier than the U.S. Canada’s projected 2014 debt to GDP is 86 percent. Australia, a long term U.S. ally, on the other hand, is far healthier with only a 28 percent debt to GDP. However, two of America’s long term antagonists and adversaries are also very healthy financially. China has a 2014 projected meager debt to GDP of only 17.3 percent and its neighbor to the north, Russia, at merely 10.8 percent. Ironically, the United States has not been near that level of debt to GDP since the financial crash of 1929 when debt to GDP was at 16 percent.

Clearly, the majority of America’s long-standing allies in Europe are battling tremendous financial pressure, while its two largest and most bellicose decades-long enemies are financially strong and in a much better position to threaten the United States at every level of diplomacy or future military confrontation.

I wish it were possible to obtain a single amendment to our Constitution. I would be willing to  depend on that alone for their reduction of the administration of our government to the genuine  principles of its Constitution; I mean an additional article, taking from the federal government  the power of borrowing. Thomas Jefferson. Source: letter to John Taylor, November 26, 1798

Even Mexico is fairing far better than its northern neighbor with a debt to GDP of 43 percent. In South America, even Venezuela with a ravaged economy for over a decade has a debt to GDP of 62 percent. South America as a whole is looking relatively strong compared to the U.S. when using the 2014 projected debt to GDP index. Brazil (59%), Argentina (42.5%), Bolivia (32.6%), Columbia (30%), Peru (17.6%), Chile (12.6%) and Paraguay (11.8%) are projected to hold on to healthy debt to GDP ratios. Even tiny Ecuador—the size of the state of Nevada—is very healthy with an 18 percent debt to GDP.

When it comes to Islamic countries that include current or potential enemies of the United States, the majority are financially healthy, at least when measuring debt to GDP. Egypt is one of the worst but far lower than the U.S. with a debt to GDP at 78.5 percent. Egypt is followed by Pakistan (61.6%), Turkey (36%), Indonesia (21%), Iraq (20%), Nigeria (16%), Iran (8%) and Saudi Arabia (5.2%).

America’s Total Indebtedness. America’s national debt is only a hairline crack in the window of indebtedness and overall view of the financial problem for the United States. Although the national debt seems insurmountable in terms of ever being paid off or even reduced ever again, the real financial issues defy comprehension.

The principle of spending money to be paid by posterity, under the name of funding, is but  swindling futurity on a large scale.  Thomas Jefferson, letter to John Taylor, May 28, 1816.

The total debt (total debt of households, businesses, state and local governments, financial institutions and the federal government) of the United States of America was estimated to be $59.577 trillion on July 4, 2013, the 237th anniversary of the country’s Declaration of Independence. As bad as the total debt sounds and looks, it is the obligation of the United States government for Unfunded Liabilities—present and future—that is truly mind-boggling. On Independence Day, 2013, the American government’s “promise to pay” but unfunded liabilities for Social Security ($16.438 trillion), Prescription Drug ($21.748 trillion) and Medicare ($86.490 trillion) was at a hefty $124.677 trillion or $1,094,701 per taxpayer. To add to this financial debacle and impossible to mitigate financial debt heap, we will be adding another financial behemoth of government largesse and theft of taxpayer monies, the Patient Protection and Affordable Care Act or “Obamacare” that will further plunge the country into that ever downward spiraling cesspool of public debt.

George Washington, the first president of the United States of America foresaw the danger of the federal government taking on too much debt without a quick resolution and commitment to repaying it. In his address to the House of Representatives on December 3, 1793, he stated: “No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.”

In a letter to John Taylor on November 26, 1798, Founding Father and third president of the United States, Thomas Jefferson, also expressed concern about the federal government’s uncontrolled ability to borrow money. “I wish it were possible to obtain a single amendment to our Constitution” Jefferson wrote. “I would be willing to depend on that alone for their reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.”

Washington and Jefferson, as well as the rest of the Founding Fathers, would be aghast at what has transpired so recklessly at the hands of unrestrained politicians and presidential leaders during the “modern era.” They would likely waffle between absolute disbelief and their restraint from saying: We told you this would happen.

The Harbinger of Financial Catastrophe: Debt to Government Revenue.   As interesting and informative as the Public Debt to GDP ratio is in helping to get a financial picture of a country, other financial experts argue that it is an inaccurate and perhaps misleading measure of a country’s true economic health. Among them, investment banking firm, Morgan Stanley, advocate the use of the Debt to Government Revenue ratio, that is, the government’s ability to pay its debt from its annual revenue or tax receipts. On that basis the outcome for the United States is quite sobering if not downright petrifying.

Federal Budget: The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt, are indications soliciting the employment of the pruning knife. Thomas Jefferson, Letter to Spencer Roane, March 9, 1821.

Ever since the real estate and financial crisis of 2008 (and beyond), the news fluttering out of the Eurozone countries has not painted a pretty financial picture. The headlines and newscasters worldwide have reported almost daily on the financial gloom that had descended upon countries like Ireland, Greece, Portugal, Spain, France, Italy and the United Kingdom. Greece, which perhaps has been in the financial headlines the most frequently, suffered from a debt to revenue ratio of 351% in 2012. It was followed by Ireland (340%), Portugal (302%), United Kingdom (212%) and Germany (181%). The Scandinavian countries of Denmark (82%), Finland (99%) and Sweden (75%) had the lowest debt to revenue ratios.

So, how does the (once) great United States of America compare? On Independence Day, 2013, debt to revenue ratio for the U.S. stood at a whopping 656 percent (you read it right). At the end of President Ronald Reagan’s second presidential term in 1988, the ratio was an unimpressive, but much lower 260 percent. When President Barack Obama took office just after the end of 2008, the ratio was 397 percent.

As bad as the financial picture continued to look for the Eurozone countries, the average revenue to total GDP ratio for all 27 countries was a respectable 40 percent. By contrast, on July 4, 2013, the revenue to GDP of the United States was a mere 16.3 percent.

The Derivative Financial Volcano. Men around the globe in general and Americans in particular, in their greedy quest for wealth and more wealth, have been led and known to do some very foolish things. It was greed that led, in part, to the “Crash of ‘29” and the ensuing “Great Depression”. It was greed that led to the real estate and banking collapse in 2008. The only question is not if another financial collapse will come, but how soon?

In the Bible there is a stark warning to all those who make money their god. In his first letter to his disciple, Timothy, the Apostle Paul wrote: “But those who desire to be rich fall into temptation and a snare, and into many foolish and harmful lusts which drown men in destruction and perdition” (1 Timothy 6:9; author’s emphasis). Paul knew human nature and that the temptation to be rich was more than most men could deny. “For the love of money is a root of all kinds of evil,” Paul continued, “for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows” (verse 10; author’s emphasis).

It is not money that destroys men’s lives—we all need a form of money to live—it is the love of money that draws men to do all kinds of evil. “But you, O man of God,” Paul warned, “flee these things and pursue righteousness, godliness, faith, love, patience, gentleness” (1 Timothy 6:11).

Because of modern man’s lust for money and more and more of it, there is one foolish financial move over the decades that could come back to haunt him and financially destroy the big and small fortunes of millions of people and the hopes and dreams of current and future generations for years to come.

So, what exactly is a derivative? They were at the center of the 2008 real estate and banking collapse. A derivative is a type of options contract—a gamble that some underlying investment will go up or down in the future. Derivatives are largely “imaginary” investments with little or no intrinsic value. In essence, rather than a true tangible investment, they represent more of a “crap-shoot”—a horrific gamble by men driven by an insatiable appetite for wealth and more of it. The future impact, when the derivative market unravels, will be catastrophic and unfathomable.

Steve Denning, in an article for Forbes, in an explanation for the financial collapse of 2008, wrote “the warning signs were everywhere: too much borrowing, foolish investments, greedy banks, regulators asleep at the wheel, politicians eager to promote home-ownership for those who couldn’t afford it, and distinguished analysts openly predicting this could only end badly.

The worldwide derivative estimate: $600 trillion to $1.5 quadrillion (that is $1,500 trillion or 1.5  followed by 15 zeroes). At the upper estimate, the financial risk is 20 times the entire global  GDP, which was estimated to be around $75 trillion in 2012.

[UPDATE: According to the Bank of International Settlements (BIS), as of March 1, 2020, the Global exposure of the world’s nations to derivatives was $640.44 Trillion or 7x the world GDP of $90.52 Trillion (Statistics Times, February 20, 2020). On April 1, 2019, Wall Street on Parade    reported that just five of America’s mega banks held $201.2 Trillion in notional (face value) derivative exposure. They are: JP Morgan Chase ($48.2 T), Citigroup ($47 T), Bank of America ($31.7 T), Goldman Sachs Bank USA ($42.3 T) and Morgan Stanley ($32 T).]

“. . . The root cause wasn’t just the reckless lending and the excessive risk taking,” Denning explained. “The problem at the core was a lack of transparency” [among financial institutions].

The worldwide exposure to derivatives is anyone’s guess. Estimates range from $600 trillion to $1.5 quadrillion (that is $1,500 trillion or 1.5 followed by 15 zeroes). At the upper estimate, the financial risk is 20 times the entire global GDP, which was estimated to be around $75 trillion in 2012. No one really knows what the world financial markets exposure is to these worthless financial “investments”.

The Current Problem: Many financial analysts and financial writers like Denning are warning that the next financial crisis, which they see as imminent, will make the burst of the financial bubble of 2008 look like a blip on the financial radar screen.

Denning points out that one financial institution alone, JPMorgan, at the end of the third quarter of 2012, had a “notional” (that is, “imaginary” or “speculative”) exposure to derivatives of $72 trillion or about five times the world economy at that time. According to the United States Controller of the Currency office, at the end of 2012, American banks held an astounding $223 trillion in “notional” derivatives with only four of the nation’s largest banks holding 93 percent of the total.

The Flash Crash and Electronic Meltdown—In One Hour. So, is it possible, in this day and age, for America’s financial system and that of the world to collapse in one hour? Absolutely! Not only in one hour, but perhaps in a matter of seconds. With absolutely everything tied together by computer systems, electricity and electronics it would not take much to create havoc with a nation’s or the world’s financial system and life in general.

On July 29, 2013 a panel of experts convened in Washington, DC to consider the level of the threat on the U.S. infrastructure via an electromagnetic pulse (EMP) attack, whether naturally occurring or via terrorists or a nation-state. The panel included R. James Woolsey, former Director of Central Intelligence under President Bill Clinton; former Speaker of the House, Newt Gingrich; Ambassador Henry Cooper, former Director of the Strategic Defense Initiative Organization under President George H. W. Bush and Dr. Peter Vincent Pry who served on the Congressional EMP Threat Commission.

They assessed America’s vulnerability to a natural or enemy attack by means of an electromagnetic pulse coming from the sun or a nuclear device. They concluded that the U.S. is extremely susceptible to EMP disruptions whether natural or from a lone terrorist or a rogue government.

On a smaller, local scale, many people have had the experience of a temporary interruption in electrical power or use of electronic devices due to a powerful thunder (electrical) storm. On a grander scale, such interruptions can be caused by the electromagnetic pulses sent from the sun as a result of solar flares or solar storms. Such natural EMP events can be regional or wide spread; can be minor inconveniences or devastating.

Mr. Woolsey pointed out that an EMP event originating from the sun struck the electrical grid in Quebec, Canada on March 13, 1989. The solar geomagnetic storm resulted in the blackout of eastern Canada and billions of dollars in economic losses. Within two minutes the entire Quebec power grid was shut down and millions thrown into darkness and winter cold. Schools, businesses and transportation hubs were closed. The impact affected some northeastern U.S. power grids as well. The energy released during the event was estimated to be like thousands of nuclear bombs exploding. The geomagnetic storm that it created resulted in spectacular “northern lights” being seen as far south as Florida and Cuba. Over 200 power grids from coast to coast in the United States experienced disruptions.   Even some satellites were affected, tumbling out of control for several hours.

Although such solar geomagnetic events are relatively rare, Mr. Woolsey warned that if the Quebec event had occurred on the east coast of the U.S., 20-40 million Americans might have been thrown into darkness for up to two years.

The most recent mega solar storm occurred on August 28 through September 2, 1859 and is known as the “Carrington Event” after amateur British astrologer, Richard Carrington. On the morning of September 1, on his estate just outside London, Carrington observed “two patches of intensely bright and white light” erupting from the sunspots. Within hours, the powerful geomagnetic pulses produced impacted the entire earth, damaging telegraph machines and disrupting communications worldwide.

Around the entire globe bright, colorful auroras of light exploded like 10 billion nuclear bombs. Although in some parts of the world it was still the middle of the night, the light display was so bright that men were going to work thinking it was daylight. Although the initial impact was felt three days earlier, the biggest impact occurred on September 1-2.

The South Carolina newspaper, Charleston Mercury, recorded the observation of a woman on Sullivan’s Island, just east of Charleston Harbor. “The eastern sky appeared of a blood red color. It seemed brightest exactly in the east, as though the full moon, or rather the sun, were about to rise. It extended almost to the zenith. The whole island was illuminated. The sea reflected the phenomenon, and no one could look at it without thinking of the passage in the Bible which says, ‘the sea was turned to blood.’ The shells on the beach, reflecting light, resembled coals of fire.”

If such a solar event of the Carrington magnitude happened today, it would destroy electrical grids and critical life-supporting infrastructures worldwide and put the lives of billions of people in peril.

What would people do without electricity for months or even years; no computers; no cell phones or other communication devices; no transportation (due to vehicle computer systems shut down); no refrigeration; no heat; nothing that mankind depends on for daily life working. It would be catastrophic and many would suffer and die, but not before their fortunes and life savings were wiped out.

According to the Center for Security Policy, scientists believe that the earth is overdue for such a geomagnetic incident on the scale of the Carrington Event. Ambassador Cooper believes, that because of America’s unpreparedness, a solar event like Carrington or a terrorist EMP attack would be devastating and as many as 285 million or 90 percent of the U.S. population would perish due to disease, starvation or the collapse of society. Cooper also remarked that the earth narrowly missed a solar EMP in mid-July, 2013 when a mammoth Carrington-type solar emission of ionized gas crossed the planet’s orbit.

While preventing a solar EMP event is impossible, the panel expressed grave concern that an EMP attack from terrorists or a rogue state could be imminent. Dr. Pry warned that there have been a disturbing high number of cyber attacks on U.S. computer systems (government. military and infrastructure) with viruses and hacking, that are probing America’s critical systems and looking for weaknesses. In addition, Dr. Pry noted, that the military doctrines of four of America’s enemies (China, Iran, North Korea and Russia) include EMP attack plans.

To emphasize his point, Dr. Pry pointed out that in the early morning hours of April 16, 2013 the San Jose (California) PG&E experienced a sabotage attack when cables were cut and transformers were shot at, causing significant damage. In “connecting the dots” of cyber attacks, sabotage and the recent discovery of a North Korean freighter in the Caribbean carrying nuclear capable missiles, Dr. Pry warned that the U.S. is extremely vulnerable and a defense of the nation’s power grid should be of utmost importance.

Woolsey noted that a single EMP attack from a nuclear device detonated at high altitude over the U.S. would destroy America’s electrical grid, as well as critical infrastructure and put millions of lives at risk. America’s power utilities, Woolsey stated, are ill prepared to protect themselves against such an attack. To complicate matters, the U.S. has no ballistic missile early warning (BMEW) systems facing south, thus making the country extremely susceptible to any attack from the south.

For in one hour your judgment has come.  Revelation 18:10

Update: As of March 19, 2020, derivative exposure has risen to $673 Trillion. U.S. National Debt is approaching $23.6 Trillion and Unfunded Liabilities nearly $132 Trillion, a liability of $408,000 per U.S. citizen. U.S. Federal Budget Deficit has mushroomed to over $1.6 Trillion (with the Federal response and cost of COVID-19, this deficit is likely to climb.

Revelation 18 and the fate of America is available on Amazon and other online bookstores.

 

 

What if . . .?

January 11, 2018

The main argument for unfettered immigration in the United States is that America has an ever shrinking workforce due to a non-replacement birth rate of 2.1 births per child bearing age women in the U.S.  There is no question that America’s birth rate is currently below replacement rate.  With more and more Americans opting to forego marriage and family or women choosing to have fewer children later in life, America’s fertility rate has been more or less on a steady decline.  So, the obvious solution is to bring in more and more immigrants, no matter where they are from or what their skill level or potential contribution to society and America’s well established culture and values.

There is, however, a simple (albeit, hind sighted) solution without having to unnecessarily import hundreds of thousands of immigrants who have no allegiance to America, its future and values.

Since the passage of Roe vs. Wade in January, 1973 (now, stay with me), there have been somewhere between 58 million and 60 million young American lives snuffed out in the womb or right after birth . . . deliberately.

What if these human beings were allowed to live, grow, eat, have health care, become educated, get jobs, raise families, etc.?  What might have been their financial contribution to America’s economy, much less to its inventions, education, scientific and cultural advancements and much more?

As a case in point, it has been estimated by various sources that it takes $250,000 to $300,000 to raise one child from birth through age 18.  (What follows is simple math, not intended to be 100% correct, but rather to make a thought-provoking point.)  In the past 45 years of U.S. abortions, the nation’s butchers have averaged 1.333 million inhuman endings to innocent life per year.  If those children had been allowed to exist, those raising them through age 18 purportedly would have added nearly $400 billion to the U.S. economy each year.

But wait!  What might these abortion survivors be contributing to the U.S. workforce and economy after reaching age 18?  The first year of Roe vs. Wade survivors reaching age 18 would have been 1991.  Inflation calculations and other variables aside, let’s say each survivor, on average, once reaching age 18 and beyond (to age 45 in 2017) contributed $30,000/year to the U.S. economy through work, education, purchases, investments, societal contributions, etc.  That total would come to about $40 billion PER YEAR (less in younger years, more in older years).  Each year post 1991 there would have been a “new crop” of 1.333 million 18 year olds hitting the U.S. economy, so that by the beginning of 2018, the combined impact of these 18+ year old survivors might have been $1.8 trillion toward America’s 2018 GDP.

I know this is gross over simplification, but you get the point: each person taken out from full participation in society, whether through abortion or some other premature death, not only has an emotional (and in the case of abortion, a moral) impact on family and society, but on the financial impact as well.

But what about the economic contributions of new immigrants?  Figures are equally hard to secure, but the latest figures I could find were that a 2011 federal report claimed that immigrants contributed an estimated $743 billion to the U.S. economy.  However, a 2012 report cited in the National Review and elsewhere, stated that “illegal” immigrants were costing U.S. taxpayers $113 billion a year in taxpayer funded benefits while at the same time paying little or no income taxes.  So, the net contribution of immigrants to the U.S. economy might be estimated at $630 billion, or one-third that of the accumulated contribution of non-aborted children.

Despite the fact that the foregoing statistics could be endlessly picked apart, I find the thought intriguing, if not morally astute, don’t you?  Let me know your thoughts.

Oh, and where would America and the Christian church be today as world leaders had they not submitted to a culture of murdering of the innocents?  Just saying.

 

Books by Gauss:  https://ampatriot.wordpress.com/books-by-dr-gauss/

 

Has America’s Coffin Been Nailed Shut?

May 7, 2016

Our civil rulers will remember, that as piety and virtue support the honour and happiness of every community, they are peculiarly requisite in a free government.  Virtue is the spirit of a republic; for where all power is derived from the people, all depends on their good disposition.  If they are impious, factious and selfish; if they are abandoned to idleness, dissipation, luxury, and extravagance; if they are lost to the fear of God, and the love of their country, all is lost.

Rev. Samuel Cooper Sermon, October 25, 1780

The preceding excerpt is from Rev. Cooper’s sermon on the day that the U.S. Constitution was officially executed.  Has America now reached the point of Rev. Cooper’s grave concern?  Have we become a nation of factions; a me-first society; devoid  of true virtue, piety and a God-fearing morality?  Are we now content to be serfs of politicians that dole out the goodies to meet our needs as only they see fit, rather than serving those who elected them?

America has clearly lost its moral and political compass.  Of the 17 candidates to enter the Republican presidential race, only one was clearly a non-Republican; only one was clearly a non-God fearing person; only one was clearly not a fiscal or political conservative; only one clearly showed signs of being morally bankrupt; only one clearly stood with Planned Parenthood and its murderous and barbaric practices; only one showed no constraints when it came to belittling, defaming or using derogatory language to put down another; only one who demonstrated the traits of a tyrant; only one had no clear plan to deal with any of America’s issues; only one demonstrated narcissistic tendencies and complete lack of humility; only one admitted to not needing to ask for forgiveness or repent for anything; only one has a complete lack of biblical knowledge and understanding;  only one has a history of corrupt business dealings; only one is being investigated for criminal activity; only one who demonstrated racist tendencies; only one who exploits women for financial gain; and the list could go on.

So, who do “wise” Americans elect to be their standard bearer before the world?  The “only one” who fits the preceding categories and who is the least qualified; least moral; least knowledgeable in political and foreign affairs; “The Donald”, Mr. Trump.  Just like in 2008 and 2012 presidential elections, Americans have once again been mesmerized and bamboozled by a political charlatan; a fraud; a deceiver and consummate liar.  There are clearly no real choices in this upcoming election.  Both leading candidates for the Democratic and Republican parties are despicable people of little or no moral character who are under criminal investigation.  Both are bombastic blowhards who will say and do anything to get a vote.  And they are presidential material?  Has America and its electoral base sunk this low?  Apparently so.

Apparently, the overwhelming majority of Americans (when you consider both Democratic and Republican electorates) have decided that being a God-fearing, moral person is no longer a criteria for the most powerful leadership position in the world.  What is so disheartening is that millions of so-called “evangelical” Christians have fallen lock-step like lemmings behind such candidates.  When such Christian leaders as Jerry Falwell, Jr., Pat Robertson, Dr. Ben Carson and a host of others fall all over themselves to endorse Trump, one has to wonder who they are looking to for America’s salvation.  As I have said many times, America’s downward spiral will continue unabated if the Church and America do not repent and return to Almighty God.  Absent a revelation miracle, it looks like most Americans are content in remaining on that slippery slope of debauchery.  With the casket nailed shut, will the funeral be far behind?

 

 

 

The New Year: Wake Me When It’s Over

January 13, 2015

Get your favorite non-alcoholic drink and relax in your comfy chair.  This is a long one (six years in the making).

(Disclaimer:  I don’t blog that often because, quite frankly, I’m tired of all the bad news and I hate to be the bearer of even more.  But sometimes I just can’t stand it anymore, watching my beloved country being flushed down the toilet and not enough Americans seem to care to do anything about it.  Especially our elected officials who seem to march lock-step blindly on; seeing nothing wrong and hoping that time will heal all wounds.  But I am a “watchman” and I am called to keep the warning before the people as long as there are still people who care to be warned and heed those warnings.)

I’m tired.  I’m tired of all the meaningless rhetoric from politicians (especially Republicans—I expect it from the liberal, leftist Democrats), the liberal “yellow” journalism press and the heretical clergy.  The Republican establishment yammer on-and-on about how bad President Obama is and how scandalous he and his administration are; how corrupt; how inept; how this, how that, but then do absolutely, absolutely nothing to combat it or come against it.  Not even to have the courage to stand up against Obama and his ilk, but to actively participate and support his Marxist agenda.

Let’s review the Obama accomplishments so far.  God help us for what the next two years will bring.

The Economy.  If you think the economy is really good, then you have been brainwashed by the liberal media and Obama’s lying government.  With all the lies and deception that Obama, his staff and agencies have been caught with, do you really think the economy is as good as they are trying to make you believe?  I know, the stock market is rising to record highs; unemployment has supposedly sunk to 5.6 percent and so on.  But have you stopped to consider that the vast majority of jobs that have been “created” are either part-time or lower paying service sector jobs?  There are really very few high paying jobs in manufacturing, trades or the professional ranks.  Real household income is at the lowest it’s been in decades.  The workforce participation rate (62.8%) is the lowest since 1978 and has steadily dropped since the year 2000.  That means a lot of people have just given up on looking for meaningful work.

And unemployment?  Well, according to highly respected economist Walter “John” Williams of the popular ShadowStats web site, if you factor in all those who have given up looking and all those who want full time work but can only find part-time at McDonalds or Wal Mart, the “real” unemployment/under-employment rate jumped from around 12.5% before Obama took office to over 20% after he took office and has held steady at around 22-23% range for the past six years.  As far as Obama being the “savior” of the black community, unemployment among his “brethren” remains stubbornly double that of whites.  Among black teens, 16-19 years old, it has been near or above 30% and still is above 28%.

If the economy is doing so well then how is it that major retailers like Sears, Kmart, Macy’s, Radio Shack and many others are planning on closing thousands of stores (Radio Shack, 1,100 alone) and laying off tens of thousands of employees in 2015?  If the economy is so good, why are there still over 46 million Americans receiving food stamps?  About 20 million more than when Obama first took office.

To understand Obama’s view of what makes the economy work, one should listen to or read his speech at Osawatomie High School (Kansas) on December 6, 2011.  In his attempt to explain “trickle down” economics that is promoted by capitalists, he stated: “If only we cut more regulations and cut more taxes—especially for the wealthy—our economy will grow stronger. . . . if the winners do really well, jobs and prosperity will eventually trickle down to everyone else.

“. . . Here’s the problem:” he asserted, “It doesn’t work.  It’s never worked.”  Obama’s way to economic prosperity for all is to tax more and regulate more.  Just during his first term, the Obama administration issued new regulations that will cost the American taxpayer $70 billion.  The number of regulations during Obama’s first term were almost triple those of his predecessor, President Bush, during his first term.  Just in his fourth year of office alone, federal regulators issued 2605 new rules.  In his first five years in office Obama has added 17,522 pages to the Code of Federal Regulations.  The CFR had 175,496 pages at the end of 2013.  In 2014, Obama added an estimated 75,000 pages of new regulations or an estimated $181 billion in new financial burdens upon Americans.

And there you have Obama’s simple Marxist view of America and capitalism.  “It doesn’t work.  It’s never worked.”  Despite 300-plus years of American ingenuity, industrialization and “trickle down” prosperity that (up until now) has built the greatest country and economy the world has ever known.  But, according the great “seer”, it just doesn’t work.

America’s Financial Condition.  When President Obama took office on January 20, 2009, America’s National debt was $10.626 trillion and the debt held by the public was $6.307 trillion.  America had endured 8 years of George Bush’s presidency in which he added $4.9 trillion to the National Debt.  Presidential candidate Obama called Bush’s penchant for such debt accumulation “unpatriotic”.  Now enter Obama’s world.  The National Debt after 6 years of Barack Obama now stands at $18.08 trillion and will likely exceed $20 trillion before Obama’s last year in office ends.  Public debt under Obama has risen to $12.995 trillion as of December 31, 2014 or over 100%.  That means that under Obama more public debt has been accumulated than under the administrations of all 43 presidents that preceded him, as will the National Debt before his second term is over.  What is even worse is that Congress appears to be unwilling or uninterested in stemming the tide of red ink and the weight of the economic burden it is placing upon the shoulders of every American, present and future.  It is unconscionable, but then, no one ever accused a politician of having a conscience.  Oh, and the interest on this debt?  Only a mere $522 billion per year and rising.  Gee, what could the American economy look like with an extra half trillion circulating each year?

To put this in a worldwide perspective, it is estimated that the global indebtedness of all nations at the end of 2014 was $60.906 trillion.  Of this debt, the people of the United States held 29.6% of it, but only represent 4.4% of the world population.  With the Obama administration’s bent on uncontrolled immigration, America’s financial condition will worsen as unskilled, uneducated, lower wage earners flood the country and governmental system, creating greater indebtedness for hardworking Americans while contributing little to the country’s tax base.  Hardworking U.S. citizens will see their tax burdens rise and real incomes continue to shrink.

Inflation.  The “official” government position is, and has been for some time, that inflation or the CPI (Consumer Price Index) is somewhere between 0 and 2% or lastly (November) at 1.3%.  Do you believe that?  If you do, you are not paying attention to what you are buying or have a short memory of the recent past.  When we departed the U.S. of A. in August of 2011, I remember that in the Midwest we could buy top sirloin steak for $3.98-4.98/lb.  Milk was about $3.50/gallon; eggs about $1.20/doz.; bread about $2; sliced roast beef was around $5.99/lb.; sliced Virginia ham about $4.99.  Upon our visit to the U.S. in June this past year we found that top sirloin had risen to $9.98; milk was about $5.00/gallon; eggs $2.50; bread $3.50-4.00; sliced roast beef and Virginia ham was $8.99 and $6.99 respectively.  This food inflation was far higher than the 0-2% the government data presents.

What has masked true inflation is the plummeting energy sector—no thanks to Obama.  Oil prices are declining due to world economies being in the tank and the surge of oil production on private U.S. land, something Obama has no control over but is trying to clamp down on through more and more environmental regulations.

Education & Knowledge.  Not long ago I watched a couple of informal history surveys on two different university campuses.  The two different interviewers asked simple, basic questions that any 5th grader should be able to answer.  Such questions as: “Who won the Civil War?”  “From whom did America win its independence?”  “Who is America’s Vice President?”  In each case, an overwhelming number of students did not have a clue as to the right answer.  This is just one indication of the radical left’s success in “dumbing down” of America’s youth.   Enter Common Core, another peg in the dumbing down strategy that even teachers across the country are rebelling against and some states are passing legislation to outlaw it.

Not content with trying to control the educational input of our children, the Obamas, via Michelle, decided they knew best what kids in school should eat.  As a result, thousands of uneaten lunches across America are thrown out each day by kids who refuse to eat the garbage called “food”.   Real history that teaches students true, politically incorrect history has been banned from schools at all levels, as has true science and math.

Teenagers cannot even make simple mathematical decisions without a calculator, cash register or computer.  I once asked a teenager at a convenience store for five singles in exchange for a five dollar bill.  She looked at me like I was speaking a foreign tongue.  I finally said, “May I have five one dollar bills, please?” In part, because of this dumbing down, that is why I decided to write two volumes of early American history and recently revised and expanded the second volume, We the People, Birth of a Nation which presents American history from the mouths of the Founders, complete with the full historical documents that they labored over.

Now, educational boards across the U.S. are condoning proselytizing on behalf of Islam using history texts written and edited by Muslims in order to portray Islam in a favorable light.  In many schools, children of unsuspecting parents are being groomed in the five pillars of Islam, must dress in Muslim attire so they can become more culturally sensitive and be forced to visit mosques, all in the name of cultural diversity.

Foreign Relations.  America’s image abroad is probably at the lowest level since the country’s founding.  Obama’s foreign policy is a disaster and his Secretaries of State (Clinton & Kerry) were and are inept and pathetic.  Obama’s apologetic and appeasement tours and position are an embarrassment and a kick in the face to the Founding Fathers and all those patriots who valiantly fought and died for the freedom, strength and leadership that America has provided to the world.  It’s no secret that Obama despises American “Exceptionalism” and has done everything within his power to diminish America’s once powerful image around the world.

At the same time Obama is destroying American exceptionalism he works hard at legitimizing the tyrants of Cuba, Iran and other tyrant-led countries.  While he is busy patronizing the tyrants of the world he has virtually ignored the relationships and alliances with countries in the Western hemisphere.

According to the 2015 Open Doors report on world terrorism, 2014 was the worst year for persecution of Christians.  However, the “leader of the free world”, Mr. Obama, has said virtually nothing and done virtually nothing to confront it or the Islamic terrorists that are behind the overwhelming majority of it.

High Level Corruption.  Just about every presidential administration has a scandal or two during their presidency, but usually such lapses in judgment do not affect American lives and freedom.  Enter, once again, President Obama.  Scandals and corruption associated with him and his Whitehouse team are non-ending and just about everyone of them have severely impacted the lives and freedoms of the majority of Americans.

  • Fast & Furious gun-running which put American lives at risk, especially along the Mexican border states by putting high-powered weapons into the hands of known drug lords and, at least in two known instances, resulted in the murder of U.S. border patrol agents.
  • The Benghazi assault on our unprotected outpost that allowed Ambassador Stevens and three others to be murdered because Obama & Hillary Clinton just did not see the need for adequate protection. Then when it is attacked and overwhelmed by obvious (to everyone else) Islamic jihadists, tried to blame the attack on an obscure internet video that practically no one ever saw or heard of; then lied repeatedly to Americans and the world about their despicable behavior and disregard for the safety of Americans serving abroad. See my post on “Was Ambassador Stevens Assassinated?”
  • The IRS targeting scandal where Obama and his hirelings authorized the use of the IRS to target conservative groups and prevent them from raising monies for the 2012 presidential campaign. Shameful; despicable; scandalous; criminal. But no one’s in jail. Not even one indictment.
  • The NSA spying outrage where millions of private conversations and data bases were violated for nefarious purposes, all in the name of “national security” but really to keep tabs on Obama’s opponents.
  • The Veteran’s Administration debacle of disgusting and inhuman treatment of thousands of U.S. veterans. Admittedly, not all on Obama’s watch, but seemed to intensify under his administration.
  • Voter Fraud. How else would you explain 110% of voters in some precincts voting for Obama or 100% of all precincts in Philadelphia voting for Obama, or electronic voting machines around the country “mysteriously” switching Republican votes to Democratic ones?

Well, you get the picture.  There are more Obama scandals then I care to take time to write about—particularly those that involve violations of the U.S. Constitution.  That alone would take a book of several hundred pages.  The list of Obama’s abuses of his office and public trust seems to be just about endless.  The sad thing is that most Americans are clueless and they will not understand the impact of this president on American freedoms, prosperity and national security until many years later.

National Security.  Under Obama’s “leadership” America’s military has become smaller than before World War II and considerably weaker.  According to U.S. Army Chief of Staff, Gen. Ray Odierno, the U.S. Army only has two brigades (6,000-10,000 troops) that are combat ready.  Under Obama as Commander-in-Chief, military morale has plummeted, while military deaths due to suicide has steadily increased since he took office to the point where, starting in 2012, military deaths from suicide exceeded those from combat.  In 2012 alone 524 U.S. servicemen and women committed suicide, and at a rate far more than those among the much larger civilian population.  In addition, Obama has purged the military of over 200 top leaders and given “pink slips” to over 500 career military leaders.  Of the $1 trillion in sequester cuts at the end of 2013 by Obama and Congress, over half was absorbed by the military at a time when America needs military strength at its peak.  Medal of Honor decorated, Maj. Gen. Patrick Brady, stated, “There is no doubt he [Obama] is intent on emasculating the military and will fire anyone who disagrees with him” (see Revelation 18 and the fate of America, page 288).

Although Obama trumpets that America has never been safer, the truth is, America has never been more vulnerable.  His catastrophic decision to prematurely pull out of Iraq against all military advice has created the meteoric rise of the Islamic terrorist group, ISIS—a group that Obama cannot seem to bring himself to effectively encounter and annihilate despite their horrific acts of butchery in the name of their god.

On January 22, 2009, two days after being sworn in to “faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States”, President Obama issued an executive order to close the Gitmo terrorist detention camp in Cuba within a year.  Although he did not succeed, he has released almost 100 Islamic terrorists so they can pursue their terrorist efforts against the United States. Many of those released are now leading or fighting with terrorist groups in the Middle East and elsewhere.  In 2014 alone, Obama released 28 suspected Islamic terrorists.  Follow-up on GITMO detainees released shows that at least 30% re-enter the battlefield to carry out more terror attacks.

President Barack Obama having not succeeded in keeping his promise to close Gitmo within a year of becoming president is now resorting to a different tactic. He is releasing Gitmo inmates, and not just any Gitmo terrorist, but top Taliban intelligence official who kept Stinger missiles and uranium at his farm. But it even gets worse than this. The Afghans gave “security guarantees” that there is no requirement this uranium terrorist and 3 others to be held in prison and they are said to be likely sent home to their families.

The uranium terrorist is Mohammed Zahir, who was also to top it all off, a leading Taliban weapons supplier, according to his official Guantanamo file, leaked three years ago to The Telegraph by the Wikileaks hacker group (Source: Shoebat Foundation, December 20, 2014).

On September 23, 2014, speaking before the United Nations, President Obama (with a straight face) announced that the world was a lot safer now since he took office.  “As a result of this [international security] work and cooperation with allies and partners, the world is more stable than it was five years ago.”  Really?  Does this man live on this planet?  Threats from terrorists—principally Islamic terrorists—has NEVER been greater.  Just ask any one of the hundreds of millions of Jews and Christians around the world who are in daily fear of persecution, torture and murder.  Just ask the thousands of U.S. military parents, spouses and relatives of the thousands of men and women who have died under the Obama administration trying to fight a restricted and unwinnable (because Obama doesn’t want to win the) war against Muslim terrorists or the survivors of those thousands of brave military personnel who could not take it any longer under this “Commander-in-Chief” and committed suicide from Post Traumatic Stress or lack of committed leadership to a winning strategy.

Since September 11, 2001, Muslim terrorists have committed 24,826 non-military deadly attacks around the world (Source: http://www.thereligionofpeace.com/pages/thelist.htm).  In 2011 alone, Muslim terrorists killed an estimated 12,533 people (Source: National Counterterrorism Center).  Since Obama took office in 2009 there have been at least 20 deadly Muslim terrorist attacks in America.  However, President Obama insists that such daily terror is just the “senseless violence of a few.”  Just in the last three months of 2014, Islamic terrorists carried out almost 900 attacks, killing almost 8,000 people and wounding thousands more.  But the world is safer now that Obama is at the helm.

On January 12, 2015, the U.S. military’s Central Command Twitter account was hacked by either ISIS members or sympathizers who sent terror messages to the U.S. military.  But we’re secure.  No threat here.

President Obama and members of his administration have repeatedly disclosed national secrets of the U.S. and its allies.   Perhaps the most infamous was the disclosure of members of Seal Team 6 who were responsible for annihilating Osama Bin Laden on May 1, 2011.  The very next day, Vice President Joe Biden, in an act of treason, “outed” the Team to the world.  Three months late, on August 6, 30 members of Seal Team 6, on another mission in Afghanistan, had their helicopter shot down.  All were killed, as were eight Afghanis on board.

The Obama administration seems to spend more time and effort placating and empowering the tyrannical terrorists of the world like Iran, Russia, China, Cuba and Islamic terrorists worldwide than they do confronting them and minimizing their threat to America and the world.

While Obama touts his delusional safe world he decimates America’s borders and our border patrol, making them ineffective.  Not long ago an American trucker driving a truck across the border from Mexico to America videoed his border crossing experience.  As he pulled up to the American border guard, the guard asked the driver if he was the only one on board.  The trucker said, “Why, does it matter?”  The border guard said, “Not anymore” and waved the driver through without any further questions and no inspection.  In many places along the southern U.S. border, border agents have been disarmed or made to pull back to 70 miles from the border.  When they were able to provide some semblance of border security, for the first time (in 2014) they apprehended more non-Mexicans than Mexicans.  And, it has been well documented by border agents and county sheriffs along the border that Muslims are crossing the border without much impediment.

Update, January 24, 2015.  As Obama “fiddles” the Mideast burns.  Today, Libya is in turmoil; Egypt still unstable; Yemen has fallen into chaos; Afghanistan, Syria, Iraq and Lebanon are being overtaken by Al Qaeda & ISIS; Iran has been emboldened in its nuclear program; America’s support of Israel has been weakened while Hamas has been strengthened by Obama and America’s ally, the King of Saudi Arabia has died leaving an uncertain future in U.S.-Saudi relations.  Under Obama the Middle East has declined into chaos and Islamic terrorism.  But, the deceiver-in chief of America says the world has never been safer, so it must be true.

The Enemy Within.  As if this brazen weakening of American security were not enough, Obama has stacked his administration with known members of the radical Muslim Brotherhood, including serving in the Department of Homeland Security. In the past year it has been widely reported (by responsible media) that there are simulated cell phone “towers” popping up all over America.  These cell phone data interceptors are collecting the cell phone calls and data of millions of Americans.  Who is doing it?  The FBI, CIA, Pentagon?  No, none of the reasonably suspected culprits.  It’s the Obama “Justice” Department.  Why?  Supposedly to catch that one in a billion call by a terrorist using certain catch words or phrases.  In the meantime the collective freedom of speech of millions of law-abiding U.S. citizens is being severely compromised. Under Obama the Feds have become the enemy of the people.

Race Relations.  President Obama said race relations since he took office in 2009 have gotten better.  In a Fox News poll of December 7-9, 62% said it has gotten worse under Obama, only 19% said it has become better.  Obama’s alliances and support of black agitators like Al Sharpton and Jesse Jackson heighten the black-white divide.  The man in the Whitehouse has clearly shown his prejudicial side, as has his Justice Department cohort, Eric Holder.  While they both are ready to jump into a suspected white-on-black assault, they are no-shows on any one of the thousands of documented black-on-white assaults and murders, particularly committed by black thugs “playing” the “knock-out” game of punching out the lights of unsuspecting men, women, the disabled and elderly.  The Obama DOJ believes and practices selective prosecution. When members of the Black Panthers intimated white voters in Philadelphia during the 2008 election, Holder refused to investigate or bring charges.  When thousands of blacks rioted and torched Ferguson, Missouri after a grand jury decided that Michael Brown was killed in self-defense by a white police officer, rather than support that decision, Holder implied that justice was denied and is now threatening a Civil Rights suit against the officer and gave credence and justification for the rioting.  When the New Black Panthers recently threatened to target police officers for assassination, not a peep was heard from Holder or Obama.

Poverty.  The poverty rate in the U.S. is 15.7%, two percentage points higher than when Obama took office.  Some parts of the country, like Indiana, Maryland, Michigan, North Carolina and Tennessee have once thriving cities with poverty rates between 27-35%.  This is certainly not the sign of a full economic recovery that Obama boasts about.  The truth is that 45 million Americans still live in poverty and the percentage of Americans in that situation is three percentage points higher than before Obama took office.

Health Care.  If you do not know by now that the (Un)Affordable Care Act or Obamacare is a disaster and will destroy American health care, then, once again, you have not been paying attention.  The law that Nancy Pelosi said they just had to pass to find out what was in it, is neither affordable (except for the poor) nor very caring.  People are losing their doctors, their health care providers, their affordable premiums (as AFC premiums skyrocket), and one poll disclosed that 70% of doctors plan to leave their profession in the next few years.  Add to this mess the millions of illegal immigrants that will be added to the health care system who will get free health care, thanks to the U.S. taxpayer, and you can imagine what health care in the U.S. will be like in a short couple of years.

Religious Freedom.  Although Obama and team sees no need to temper the hateful rhetoric coming out of America’s mosques, they seem to seize every opportunity or support local and regional court assaults on the freedoms of Christians and Jews to freely practice their religions or operate godly businesses.  You can read more about this assault on Christianity in Revelation 18 and the fate of America.

Adherence to the Law.  Obama and his team have violated the U.S. Constitution so frequently that it is like we do not have a constitution anymore.  There is no longer the separation of powers so wisely established by the Founding Fathers.  Obama is Tyrant and King:  he makes the laws; decides which laws should be enforced and which he can ignore; he can wave his magic pen and decree whatever he wants to be so, no matter how many lawmakers or members of the public object.  Of course, he is not entirely to blame.  Members of Congress have sat on the collective bums through it all, saying and doing nothing for fear that they might face some kind of recrimination for coming against or even impeaching the “first” pseudo-black president.

Final Word (Sort of).  Now, after all that has been said you might think I am prejudice or anti-somebody, but I’m not.  I just believe in calling a spade a spade (no pun or racial slur intended).  Even Jesus called out the Pharisees when he saw how they treated the people and misled them.  I said in 2008 that America would regret the day that they elected Barack Hussein Obama.  Unfortunately, to date, I do not think I have been proven wrong.

Wake Me When It’s Over.  So, where is the public and Congressional outrage?  Where are the religious leaders falling to their knees and begging God for mercy and leading their congregations in repentance and turning to God in true worship and righteousness?  If we think some courageous person or persons are going to step forward with a magic solution that will rectify this mess, we are deceiving ourselves.  America is far beyond effective human intervention.  Only God Almighty is up to the job, but He will not intervene unless His people repent and fully return to Him; turn from their wicked ways and stand upon His righteousness.  So, wake me when the church decides it has had enough and is willing to take a stand and stops laying down to be trampled upon by anyone who chooses to do so.

Well, I could write a book.  Oh, wait I did,  Revelation 18 and the fate of America

NOTE:  I have purposely not included a host of references here because they are in my book, Revelation 18 and the fate of America.  Also, I would encourage you to take the time to do your own research.

 

The Prophetic Wisdom & Warnings of George Washington

October 22, 2014

(Excerpted, in part, from We the People: Birth of a Nation, 2nd Edition.  Available on Amazon.com and elsewhere starting October 30, 2014.)

George Washington, the first Commander-in-Chief of the Continental Army—the forerunner of the U.S. military—and the first President of the United States of America, was a humble man of prayer and devout patriot. He was also a man of exceptional wisdom, discernment and vision.   Toward the end of his second term, Washington had Hamilton review the Madison draft of his farewell speech that he had intended to use at the end of his first term and make revisions. While Madison and Hamilton constructed the draft, it was Washington who carefully considered every word, every addition and deletion, before giving his approval.

Interestingly, it was never given orally by Washington but on September 19, 1796, it was published in the American Daily Advertizer in Philadelphia. Shortly thereafter The Independent Chronicle, the published voice of the New England Republicans, printed the address.

With much reluctance, Washington turned down the offer for a third term. Washington had longed for the privacy of his beloved Mount Vernon since the end of the war. Two weeks before he took the oath of office on April 30, 1789, he told his fellow citizens of Alexandria, Virginia, that “my love of retirement is so great, that no earthly consideration, short of conviction of duty, could have prevailed upon me to depart from my resolution ‘never more to take any share in transactions of a public nature.’” Even when his second presidential term ended in March, 1797, his retirement and return to Mount Vernon would be brief. In 1798, as war with France seemed to be on the near horizon, Washington accepted President John Adams’ urging to lead the American military once again. His call was short-lived as tensions eased and he was able to return to his Virginia estate.

Although, unlike many of his compatriot leaders, Washington lacked a formal and collegiate education, it did not hamper his keen insight and wisdom that shone forth in his voluminous correspondence. Notwithstanding Madison’s and Hamilton’s contributions, the address is clearly Washington in style and content. In the lengthy salute to America, he presents several personal convictions and concerns for the future of his beloved country.

Importance of unity and the dangers of factions and divisions. He was greatly concerned about the growing trend of individual wants at the expense of national unity. Personal freedom, Washington believed, could only continue to exist and prosper with the desire of all Americans to be united in the ongoing, uniquely American brand of freedom, for the benefit of the whole nation. Strong, misguided, individualism or regionalism—that erupted into the Civil War—could destroy the young nation.

Washington firmly believed that for the Union of states to survive, unity, not only among the nation’s leaders, but its people as well would be essential. . . . as a strong incitement to unceasing vows that heaven may continue to you the choicest tokens of its beneficence; he wrote, that your union and brotherly affection may be perpetual; that the free Constitution, which is the work of your hands, may be sacredly maintained; that its administration in every department may be stamped with wisdom and virtue; [and] that the happiness of the people of these States, under the auspices of liberty, may be made complete by so careful a preservation and so prudent a use of this blessing as will acquire to them the glory of recommending it . . . and adoption of every nation which is yet a stranger to it.

A man seasoned by a long military career and an extreme love of his country, Washington cherished the hard-won freedom and independence that was to be handed down to generations of Americans to come after him. But he was concerned about the real threat of factions and divisions in both politics and the people.

The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of  this truth; as  this  is  the  point  in your political fortress against which the batteries of internal and external enemies will be most constantly and actively (though often covertly and insidiously) directed, it is of infinite moment that you should properly estimate the immense value of your national union to your collective and individual happiness; that you should cherish a cordial, habitual, and immovable attachment to it; accustoming yourselves to think and speak of it as of the palladium [rarity] of your political safety and prosperity; watching for its preservation with jealous anxiety; discountenancing whatever may suggest even a suspicion that it can in any event be abandoned; and indignantly frowning upon the first dawning of every attempt to alienate any portion of our country from the rest, or to enfeeble the sacred ties which now link together the various parts.

Washington foresaw, that while the newly conceived U.S. Constitution had sufficient safeguards, that there would arise in the future those from both within the country and from outside the country that would seek to weaken the nation by a “divide and conquer” strategy if the populace was not watchful and committed to liberty, justice and prosperity for all, divesting themselves of self-interests. Whether Citizens, by birth or choice, of a common country, that country has a right to concentrate your affections, he advocated. The name of American, which belongs to you in your national capacity, must always exalt the just pride of patriotism more than any appellation derived from local discriminations. With slight shades of difference, you have the same religion, manners, habits, and political principles.

Perhaps Washington did not foresee the degree of “multi-culturalism” America would embrace 200 years later, but he did fully understand that unless all residents of the nation, whether native-born or foreign-born, fully accepted the “land of the free” as their cherished home—culture, language, laws and morality—the nation would soon be torn asunder. This unity among people of different backgrounds and beliefs was essential, not only to the country’s safety and prosperity, but to its strength and protection against all enemies foreign and domestic. . . . While, then, every part of our country thus feels an immediate and particular interest in union, all the parts combined cannot fail to find in the united mass of means and efforts greater strength, greater resource, proportionably greater security from external danger, a less frequent interruption of their peace by foreign nations; and, what is of inestimable value, they must derive from union an exemption from those broils and wars between themselves . . . . they will avoid the necessity of those overgrown military establishments which, under any form of government, are inauspicious to liberty, and which are to be regarded as particularly hostile to republican liberty. In this sense it is that your union ought to be considered as a main prop of your liberty, and that the love of the one ought to endear to you the preservation of the other.

Washington believed that Union should be the primary object of patriotic desire. Sadly, America today has never been so fractious and divided since the Civil war.  America has degenerated from a society of committed and unified freedom fighters and lovers to a “what’s in for me” society that appears willing to sacrifice true freedom at all costs as long as they can get something out of it.  As the venerable Benjamin Franklin once stated, He who would trade liberty for some temporary security, deserves neither liberty nor security.

. . . there will always be reason, Washington wrote, to distrust the patriotism of those who in any quarter may endeavor to weaken its bands.

Dangers of the party system. Washington detested the fractious and partisan two party political system that he saw developing under his administration. He saw it as destructive and unhealthy for the country. The party system of government, he foresaw, had the potential to go beyond the normal political checks and balances and rip the power of self-government out of the hands of the citizens.

To the efficacy and permanency of your Union, he penned, a government for the whole is indispensable. No alliance, however strict, between the parts can be an adequate substitute; they must inevitably experience the infractions and interruptions which all alliances in all times have experienced. . . . This government, the offspring of our own choice, uninfluenced and unawed, adopted upon full investigation and mature deliberation, completely free in its principles, in the distribution of its powers, uniting security with energy, and containing within itself a provision for its own amendment, has a just claim to your confidence and your support. . . . The basis of our political systems is the right of the people to make and to alter their constitutions of government. But the Constitution . . . till changed by an explicit and authentic act of the whole people, is sacredly obligatory upon all.

Washington undoubtedly would be horrified how the Constitution has been ripped apart by special interest groups and self-serving politicians over the years since his demise. It is no longer a Constitution of just laws for all, but only for those who no longer have the power and will to confront injustice and the powerful.  The two-party system he believed had the potential to tear the country apart.

All obstructions to the execution of the laws, all combinations and associations, under whatever plausible character, with the real design to direct, control, counteract, or awe the regular deliberation and action of the constituted authorities, are destructive of this fundamental principle, and of fatal tendency. They serve to organize faction, to give it an artificial and extraordinary force; to put, in the place of the delegated will of the nation the will of a party, often a small but artful and enterprising minority of the community; and, according to the alternate triumphs of different parties, to make the public administration the mirror of the ill-concerted and incongruous projects of faction, rather than the organ of consistent and wholesome plans digested by common counsels and modified by mutual interests.

“Money talks” as they say and Washington understood that the propensity of human nature to lobby and seek favor with politicians had the destructive potential to subvert the Constitution and destroy the liberty and union he and so many other patriots fought and died for. Today, the majority of Congress no longer truly represents the will or desires of the people, but only of those who can grease the palms of special interests or finance re-election campaigns.  It seems that the typical politician is not in office to stand up for and serve the people, but is there to secure the permanency of his or her future. Party factions, Washington wrote, in the course of time and things, . . . become potent engines, by which cunning, ambitious, and unprincipled men will be enabled to subvert the power of the people and to usurp for themselves the reins of government, destroying afterwards the very engines which have lifted them to unjust dominion.

One method of assault on the Constitution he believed would be alterations which will impair the energy of the system, and thus to undermine what cannot be directly overthrown. It seems that with each succeeding generation of leaders in high places each one flirts with stretching the efficacy of the Constitution.  The current administration in the Whitehouse is no exception and, perhaps, has clearly and willfully violated the Constitution with every available opportunity.  With each constitutional violation, the nation and its people lose another chick of freedom and independence, and like the proverbial frog in a kettle of gradually heated water, does not perceive the danger until it is too late.

This [divisive party] spirit, Washington continued in his warning speech, unfortunately, is inseparable from our nature, having its root in the strongest passions of the human mind. . . . it is seen in its greatest rankness, and is truly their worst enemy.

The alternate domination of one faction over another, Washington continued, sharpened by the spirit of revenge, . . . has perpetrated the most horrid enormities, is itself a frightful despotism. But this leads at length to a more formal and permanent despotism. The disorders and miseries which result gradually incline the minds of men to seek security and repose in the absolute power of an individual; and sooner or later the chief of some prevailing faction, more able or more fortunate than his competitors, turns this disposition to the purposes of his own elevation, on the ruins of public liberty. Has America not arrived at this point today?  According to Washington, it is up to the people—a wise and educated people—to rise up and discourage and restrain such abuse of servanthood.

[The party system] serves always to distract the public councils and enfeeble the public administration. It agitates the community with ill-founded jealousies and false alarms, kindles the animosity of one part against another, foments occasionally riot and insurrection. It opens the door to foreign influence and corruption, which finds a facilitated access to the government itself through the channels of party passions. Thus the policy and the will of one country are subjected to the policy and will of another.

There is an opinion that parties in free countries are useful checks upon the administration of the government and serve to keep alive the spirit of liberty, Washington noted. This within certain limits is probably true; and in governments of a monarchical cast, patriotism may look with indulgence, if not with favor, upon the spirit of party. But in those of the popular character, in governments purely elective, it is a spirit not to be encouraged. From their natural tendency, it is certain there will always be enough of that spirit for every salutary purpose. And there being constant danger of excess, the effort ought to be by force of public opinion, to mitigate and assuage it. A fire not to be quenched, it demands a uniform vigilance to prevent its bursting into a flame, lest, instead of warming, it should consume.

Almost since the signing of the U.S. Constitution into law, partisan politics soon developed, starting with the Federalists and anti-Federalists. As the Democratic and Republican parties developed, sides became more permanently drawn and partisan politics has apparently reached its zenith with the current Congress and presidential administration, as over 380 bills passed by the House languish on the desk of Senate Majority Leader Harry Reid who refuses to introduce them before the Senate for debate.  Washington’s foresight, unfortunately, has come to full fruition.

Protecting the sanctity of the Constitution. To Washington and those who labored over the Constitution and to the majority of those in Congress, the Constitution represented the bedrock upon which all current and future law and liberty would depend. It was divinely inspired with God-given individual rights. It was not something to be whimsically changed by partisan politics or by legislative or judicial fiat. To do so would destroy its sanctity and strength. It was a document that was thoughtfully and prayerfully conceived that did and would forever provide the stable foundation upon which all American generations could stand with confidence and security.

Towards the preservation of your government, and the permanency of your present happy state, it is requisite, not only that you steadily discountenance irregular oppositions to its acknowledged authority, but also that you resist with care the spirit of innovation upon its principles, however specious the pretexts. One method of assault may be to effect, in the forms of the Constitution, alterations which will impair the energy of the system, and thus to undermine what cannot be directly overthrown.

. . . a government of as much vigor as is consistent with the perfect security of liberty is indispensable. Liberty itself will find in such a government, with powers properly distributed and adjusted, its surest guardian.

. . . It is important, likewise, that the habits of thinking in a free country should inspire caution in those entrusted with its administration, to confine themselves within their respective constitutional spheres, avoiding in the exercise of the powers of one department to encroach upon another. The spirit of encroachment tends to consolidate the powers of all the departments in one, and thus to create, whatever the form of government, a real despotism. A just estimate of that love of power, and proneness to abuse it, which predominates in the human heart, is sufficient to satisfy us of the truth of this position. The necessity of reciprocal checks in the exercise of political power, by dividing and distributing it into different depositaries, and constituting each the guardian of the public weal against invasions by the others, has been evinced by experiments ancient and modern; some of them in our country and under our own eyes. To preserve them must be as necessary as to institute them. If, in the opinion of the people, the distribution or modification of the constitutional powers be in any particular wrong, let it be corrected by an amendment in the way which the Constitution designates. But let there be no change by usurpation; for though this, in one instance, may be the instrument of good, it is the customary weapon by which free governments are destroyed. The precedent must always greatly overbalance in permanent evil any partial or transient benefit, which the use can at any time yield (my emphasis).

Washington keenly realized that if the three branches of government—Executive, Legislative & Judicial—that the Founders so wisely set forth in the Constitution as distinct entities, with specific purposes and as a check and balance against each other, ever became co-mingled, with one usurping the role and responsibility of the other, it would result in real despotism. Have we not arrived at such a destiny as the Executive ignores the Legislative and makes, institutes and ignores whatever laws it desires?  And, as the Judicial selects what laws it chooses to enforce and modifies or changes those laws it does not like.  Truly, tyranny has arrived in the United States just as Washington feared and predicted.

Public and national debt. Washington was not opposed to indebtedness, but recommended that it should be used sparingly and only in times of national emergency. Whatever national debt that might be incurred “we ourselves ought to bear” it, Washington recommended, rather than pass it on to succeeding generations. When times of peace and prosperity returned, then that was the time to pay off the debt and not pile on more debt, thus increasing the burden for the next generation.

As a very important source of strength and security, cherish public credit. One method of preserving it is to use it as sparingly as possible, avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for    danger    frequently   prevent   much    greater disbursements to repel it, avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertion in time of peace to discharge the debts which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burden which we ourselves ought to bear.

Unfortunately, America’s national debt situation is out of control and impossible to pay off as politician after politician votes to “kick the can” of debt control down the road year after year. The National Debt will exceed $18 trillion by year-end with “unfunded” liabilities at a staggering $124 trillion.  Yet, congressional and administration spending continues out-of-control with more and more spending bills being whisked through Congress or put into action by Executive Orders.  We continue to send billions abroad, even to our enemies, as jobs and American lifestyles plummet into the basement.  Washington, who received his education in the field of hard knocks, knew what he was talking about.  Too bad no one after him followed his advice.

Foreign relations and national defense. One of the greatest threats to the American style of life and freedom would be the outside adverse influence of non-Americans and foreign governments. Under his scrutiny, these influences would become the destructive “foes of republican government”, Washington believed. Permanent alliances with foreign powers, in Washington’s view, were inadvisable and potentially injurious to American sovereignty and freedom.  Although he was not an isolationist—he saw the need for world trade cooperation—he believed that long-term alliances would be detrimental and not in the enduring best interest of the country.  Foreign entanglements and the large military build-up that might result would be “particularly hostile to republican liberty,” he surmised. For Washington and his fellow patriots who had risked all for the sake of true freedom, they realized that God had blessed them with the formation of the most unique and workable form of government for a free and fully represented people that the world had ever known. To Washington and his like-minded patriots, it was worth protecting at all costs.

Against the insidious wiles of foreign influence . . . the jealousy of a free people ought to be constantly awake, since history and experience prove that foreign influence is one of the most baneful foes of republican government.

. . . The great rule of conduct for us in regard to foreign nations is in extending our commercial relations,  to   have   with   them as little political connection as possible.

. . . It is our true policy to steer clear of permanent alliances with any portion of the foreign world . . . .

. . . Taking care always to keep ourselves by suitable establishments on a respectable defensive posture, we may safely trust to temporary alliances for extraordinary emergencies.

Harmony, liberal intercourse with all nations, are recommended by policy, humanity, and interest. But even our commercial policy should hold an equal and impartial hand; neither seeking nor granting exclusive favors or preferences . . . .

. . . Hence, likewise, they will avoid the necessity of those overgrown military establishments which, under any form of government, are inauspicious to liberty, and which are to be regarded as particularly hostile to republican liberty.

When it came to foreign trade, Washington abhorred the idea that one nation would be treated any different than another. To create a “favored nation” status would only cultivate “a variety of evils” for America. As Washington continued his warnings in his farewell speech, he offered this prophetic advice:

. . . a passionate attachment of one nation for another produces a variety of evils. Sympathy for the favorite nation, facilitating the illusion of an imaginary common interest in cases where no real common interest exists, and infusing into one the enmities of the other, betrays the former into a participation in the quarrels and wars of the latter without adequate inducement or justification. It leads also to concessions to the favorite nation of privileges denied to others which is apt doubly to injure the nation making the concessions; by unnecessarily parting with what ought to have been retained, and by exciting jealousy, ill-will, and a disposition to retaliate, in the parties from whom equal privileges are withheld. And it gives to ambitious, corrupted, or deluded citizens (who devote themselves to the favorite nation), facility to betray or sacrifice the interests of their own country, without odium, sometimes even with popularity; gilding, with the appearances of a virtuous sense of obligation, a commendable deference for public opinion, or a laudable zeal for public good, the base or foolish compliances of ambition, corruption, or infatuation.

As avenues to foreign influence in innumerable ways, such attachments are particularly alarming to the truly enlightened and independent patriot. How many opportunities do they afford to tamper with domestic factions, to practice the arts of seduction, to mislead public opinion, to influence or awe the public councils? Such an attachment of a small or weak towards a great and powerful nation dooms the former to be the satellite of the latter.

Against the insidious wiles of foreign influence . . . a free people ought to be constantly awake . . . that foreign influence is one of the most baneful foes of republican government. . . . Excessive partiality for one foreign nation and excessive dislike of another cause those whom they actuate to see danger only on one side, and serve to veil and even second the arts of influence on the other. Real patriots who may resist the intrigues of the favorite are liable to become suspected and odious, while its tools and dupes usurp the applause and confidence of the people, to surrender their interests (my emphasis).

One of the biggest mistakes America and its politicians has ever made was granting China “favored nation” status under President Bill Clinton. It was virtually a one-sided deal that highly favored China and immediately resulted in a flow of American jobs, technology and manufacturing to China, allowing China to become the world’s strongest economy at the expense of the American worker and American family.  At the same time the American consumer fell in love with “cheap” goods flooding the U.S. market, oblivious to the realization that one day it would cost them their jobs, wages and standard of living.  A nation that cannot produce for itself and exports the production of goods and services abroad is destined for an inferior and declining economy.

The necessity of religion and morality in the citizens and the government. For historians and others who have concluded that Washington was not a man of God, their conclusions would seem to be fallacious and misguided. Washington considered religion and morality two of the “great pillars of human happiness.” Indeed, religion and morality were “indispensable supports” for political prosperity. In fact, in his view, any person that would seek to undermine these pillars could not be considered to be a patriot. If one subverted the religious foundation of the country, “Where,” asked Washington, “is the security for property, for reputation, for life . . .?” As for individual or national morality, he believed it could not be maintained in the absence of religious education and acted upon principles of faith. It was and would always be that religion and morality would be the foundation of a good and just government.

Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim the tribute of patriotism, who should labor to subvert these great pillars of human happiness, these firmest props of the duties of men and citizens. The mere politician, equally with the pious man, ought to respect and to cherish them. A volume could not trace all their connections with private and public felicity. Let it simply be asked: Where is the security for property, for reputation, for life, if the sense of religious obligation desert  the oaths which are   the   instruments of investigation in courts of justice? And let us with caution indulge the supposition that morality can be maintained without religion. Whatever may be conceded to the influence of refined education on minds of peculiar structure, reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principle.

It is substantially true that virtue or morality is a necessary spring of popular government. The rule, indeed, extends with more or less force to every species of free government.

. . . Observe good faith and justice towards all nations; cultivate peace and harmony with all. Religion and morality enjoin this conduct; and can it be, that good policy does not equally enjoin it? It will be worthy of a free, enlightened, and at no distant period, a great nation, to give to mankind the magnanimous and too novel example of a people always guided by an exalted justice and benevolence.

It would be no great surprise to Washington if he were able to observe the state of affairs in America today. After all, he warned, without a foundation of biblical morality and virtue it would be impossible to have an effective and just government and society.  Without the strong and clear foundation of religion—and he meant Christianity—America would soon collapse into an immoral society lead by despotic leaders.

America, you have arrived. You were properly and prophetically warned by our nation’s finest leader.

ALSO READ this America in Prophecy book, Revelation 18 and the fate of America.

America’s Disaster Called Obama

October 10, 2014

Now Obamanites will be horrified and outraged at the above title and my sympathies and condolences go out to you for your unmitigated blindness and desire to continue to live in your own la-la land of unreality and political correctness.  Those who voted for Obama the first time might be excused for their ignorance and passion to see the first person of color or “black” man elected to the highest office in the country, but to vote for him a second time after his first four years was an unmitigated disaster is inexcusable.

It is a shame that America’s first “experiment” with electing a “minority” has proven time and again to be seriously detrimental to the survival of the U.S.—NOT because Obama is of the minority class, but because he is just horrific as a qualified leader.  While some think Mr. Obama is inept as a leader, he is, in reality, quite adept at accomplishing his catastrophic agenda and that of the Democratic Party.

Everywhere a discerning person looks—and I mean discerning and not a blind, dyed in the wool follower—everything that has Obama’s mark on it has been destructive to America’s and American’s well-being.  I know most of the talking heads on television and the columns and editorials in newspapers and online that tries to pass and impress as honest journalism still oozes with Obama superlatives and “successes”.  And, NO, I am not a Fox News junky, although they seem to be one of the few left that believes the American people are owed the truth no matter how painful it might be.  [By-the-way, for you Fox News haters, Fox pulverizes every other news network in every time slot by more than 4 to 1 in viewership.] Unlike most, I spend hours researching original sources from all over the world, not just the evening news or conservative sources.

It is hard to know where to start with reviewing Obama’s record.  From my view (as an American historian) there has never been a more corrupt, deceitful and shameless administration in America’s Whitehouse than the current one.  A president and an administration that so blatantly abuses and overrides the United States of America’s Constitution and breaks the law of the land at the highest levels.  While Obama proclaims to the public that it is the Republicans that are preventing him from getting anything through Congress, the truth is that he not only refuses to work with the opposite party, but that there are so many scandals, abuses of power and perjuries before investigative committees, that Congress has no time to contract the people’s business.

Right from the start, President Obama and his Democratic cohorts, such as Nancy Pelosi and Harry Reid, with straight faces, lied to the American people about the disastrous health care program that would destroy America’s top flight health care system and turn it into a third world program.  Today, even as I write, it has been announced that another 13 states (CT, DE, MD, MA, MN, MS, NY, RI, NV, NM, VA, VT & WA) and the District of Columbia will be terminating several hundred thousand health policies by month end because they cannot meet the ridiculous requirements of Obamacare.  Obama himself has violated his own health care law over 30 times since its passage, changing, delaying the law or exempting favored groups or political supporters.  It is a reckless and impeachable violation of the law.

As a minority president that many had hoped would heal any remaining racial divides in the country, instead of healing he has been the most racist president in our history, using the power of his office and his justice department to bring about increased tensions and silent permission for uncontrolled racial violence against non-blacks.  Obama readily interjects himself into any perceived injustice against blacks but turns a deaf ear and blind eye against black violence against other blacks or non-blacks.

When he was running for his first term of office on the national scene Obama boldly proclaimed that his administration would be the most “transparent” in the country’s history.  Instead it has become the most closed, secretive, deceptive and deliberately obfuscating administration in the history of the country.  It is so bad that people are beginning to realize—not only in the U.S., but around the world—that there is nothing that Obama or his administration says that can be trusted or relied on as the truth.  ALL of Obama’s decisions and calculations are measured in political gain and his vision of “transforming” America, not in what is best for Americans.

By now, even among his ardent supporters, it should be crystal clear that Obama has no interest in doing what is best for America or in truly protecting Americans at home or abroad.  I know that is a harsh assessment, but the evidence is overwhelming.  How else can a rational person explain his ignoring and even abetting a wide open border on the southern line with Mexico at a time when illegals, criminals, gang members, drug traffickers, Islamic terrorists and diseases are flooding across the border and he does nothing—NOTHING!!!!  He sees no need to provide our embassies with adequate protection in hostile environments, and in the case of the terrorist attack on a deliberately unprotected Benghazi, has the audacity to lie to the American people repeatedly about the cause of the attack.

Since he was elected to office, Obama has shown a clear and strong propensity and aversion to confronting or doing battle with America’s enemies.  He is more interested in aiding and abetting the enemy than conquering them.  How else does one explain his obsession with closing the Guantanamo Bay (GITMO) prison camp for Islamic terrorists, letting most of them go free, including the ISIS (Iraq, Syria Islamic State) leader, Abu Bakr al-Baghdadi, the author of thousands of Islamic atrocities in the Middle East and other places known and unknown.

How else does one explain why Obama was so eager to release five notorious Islamic terrorists from GITMO in exchange for a known U.S. military deserter in Afghanistan and yet refuses to lift his adept hand and call the president of Mexico and demand the release of an American Marine hero who has been illegally held in a Mexican prison since April.

How else can you explain his willingness to vacate Iraq against ALL advice from his military leaders, thus exposing Iraq and remaining American civilians and military to the onslaught of ISIS and other Islamic terrorists?  It has now been revealed by his own military advisors that Obama was told about the growing threat of ISIS over two years ago and that he needed to take action, but he refused.  Now that ISIS has taken control of eastern Syria and northern Iraq and has grown from a rag-tag group of several hundred to well over 30,000, now Obama orders a few pin-pricks in the way of a few meaningless air strikes each day as ISIS continues its unimpeded march toward Baghdad.  As far as I am concerned the responsibility for the ISIS atrocities and every beheading needs to be laid at the feet of Obama.

In his newly released memoir, Worthy Fights, former Secretary of Defense, Leon Panetta wrote: “But the President’s team at the White House pushed back [against military advice], and the differences occasionally became heated. . . .  and those on our side viewed the White House as so eager to rid itself of Iraq that it was willing to withdraw rather than lock in arrangements that would preserve our influence and interests.”

It has become increasingly clear to most observers that Obama is much more interested in the perks of his office than its responsibilities.  He would much rather be taking multi-million dollar vacations at taxpayers’ expense, golfing, shooting hoops in the “hood”or off  self-aggrandizing campaigning across the country touting his fictitious  political accomplishments.  How else can you explain his totally insensitive and callous handling of the news of an American being beheaded by ISIS?  He apparently was reluctantly dragged off the golf course to make a few second statement and then hurriedly returned to his real passion and focus of the day, his golf game.

I wrote in a blog the week before the 2012 presidential election, that if Obama was re-elected, Islamic terrorism would skyrocket.  Sadly, that has become true, because Obama has no interest in stopping it and seems to even sympathize with it and its perpetrators.

Toward the beginning of this blog I said it is hard to know where to begin with Obama’s disastrous exploits, but it is equally difficult to know where to end.  There have been a multitude of books written on this very subject from an equal multitude of vantage points.

There is, of course, his destruction of the U.S. military to the point that it is no longer combat ready according to military leaders.  There is his firing of over 200 military leaders and giving “pink slips” to over 500 more because he does not like them.  Then there is the economy which he says has never been better.  But the latest statistics (despite the government’s fabricated jobs report and unemployment knock down, is that 24% of those in their prime working years of 25-54 are not working.  The “labor participation” rate continues its metric slide from 66% when Obama took office to 62.7% last month, the lowest rate in 36 years.  In a recent October poll, 43% of Americans think the economy is getting worse and only 24% say they are better off since Obama took office.  Of course, the burdensome National Debt that keeps skyrocketing will have a yet to be measured negative impact of the nation’s economy.  When Barack Hussein Obama took office in early 2009, the National Debt was about $10.7 trillion.  As I write, the debt is nearing $18 trillion and will likely exceed that level by year-end.  Before Obama leaves office, he and his Democratic supporters will have increased the National Debt more than all his presidential predecessors combined back to 1940.  Now, granted, the Debt is not all his fault but that of many previous Congresses that put in place major spending bills with little or no financial resources to back them.  But Obama has willfully accelerated the wanton spending that is so typical of careless politicians.

But let us not ignore Obama’s attack on religious freedom and the foundational biblical moral code for families and human life in general.  Obama’s unwavering support of gay rights, abortion rights and all other types of perverse “rights” that undermine the very moral fabric of America is well documented.  His support of moral Christian values (he does still profess to be a Christian) and the American family is suspect, if not non-existent.

Now, there are those who say that it is not Christian or biblical to criticize the nation’s top leader.  But that is not true or biblically supported.  The Old Testament is full of God’s prophets and watchmen who were called of God to point out false leaders or those who were leading Israel astray or down an evil path.  Not all of the world’s leaders, including America’s, are ordained by God.  Some are clearly evil and that God allows because that is what the people want.  Israel clamored for a king, so God gave them a succession of kings, the vast majority of whom were evil tyrants and not interested in following God.

In the New Testament, even Jesus called out the evil political and religious leaders of his day.  He minced no words but spoke to the heart of the matter and the evil perpetrators.

For those of you who are still ensnared by Obamamania, my sincere condolences.  I pray you wake up from your malaise and ignorance of the facts before it is too late.

Update

October 11.  It is now being reported that the U.S., Turkey, Iran and Saudi Arabia are in a secret deal to not aid the Kurds in the Kurdish city of Kobani that is under siege from ISIS and about to fall.  Read more here.  If this is true, Obama needs to be immediately brought up on charges of treason for aiding and abetting America’s enemies.

Related Posts

America in Crisis

Deceived or Deceiver?

How Evil Works and Prevails

World Class Leadership Lacking in America

Evil is Good

End of Obama’s First Term

READ: Revelation 18 and the fate of America for as little as $4.95 on your Kindle or PC.

America’s Financial Armageddon Re-visited

November 21, 2012

After about seven months, it is time to re-visit the nation’s financial condition.  For comparison you can visit my post of April 19, 2012 here.

According to www.usdebtclock.org, as of today the U.S. national debt has risen 3.86% since April 19 to $16.278 trillion or 105.18% of GDP (Gross Domestic Product) of $15.476 trillion. To look at it more personally, you as a U.S. citizen now “own” $51,707 of that debt or if you are a dutiful taxpayer, your share is $141,859.  Let’s hope Uncle Sam does not decide to call in his “chips” to settle his accounts.  With the fiscally irresponsible (no budget in the previous four years in office) Obama re-elected we can expect yearly trillion-dollar budget deficits as federal spending skyrockets out of control, which will greatly exacerbate the national debt problem.

How does the United States debt to GDP ratio compare with other countries?  Let’s take a look.

  • China = 11.13%
  • Brazil = 21.17%
  • Russia = 58.53%
  • Canada = 93.99%
  • U.S. = 105.18%
  • Greece = 235.15%
  • Spain = 246.93%
  • France = 292.58%
  • Britain = 504.72%
  • Ireland = 1278.8%

While the U.S. is indeed in big financial trouble, I suppose one could console oneself that we have a long way to go before becoming a Greece or (yikes!) Ireland.  But with the U.S. debt at only 105% of GDP that would be like you spending/borrowing $105 for every $100 you earned.  That does not sound like much, but if uncontrolled and not reversed it eventually adds up to bankruptcy.  Since Obama’s first inauguration, the national debt has soared 54%.  The interest alone on the national debt is currently $270 billion and if nothing significantly changes to stop this rising mushroom, the annual interest will top one trillion dollars by 2020 (just 8 years away).

In addition to the debt increase at all levels since April 19, the food stamp rolls have increased by 1.8% or by an estimated 848,845 participants to 47.7 million or 15.1% or the total U.S. population.  This is a further indication that the U.S. economy is still in deep trouble.  Interestingly, when you divide the government reported “official” unemployed of 12,169,641 + or – by the number of people in the U.S. workforce (143,565,709), you get an unemployment rate of 8.5%; not the reported 8.1% of October.  “Actual unemployment” (not reported by the government) is 15.75%.  If you take the “official” and “actual” numbers of unemployed and divide them by the number of U.S. taxpayers, the number of unemployed rises to 10.6% and 19.7%, respectively.

Another interesting observation is that the amount of savings per U.S. family dropped a dramatic 23.5% in these seven months, from $6056 to $4626.  However, this reduction in savings apparently was not used to substantially pay off personal debt, since personal debt only declined by 0.07%.  U.S. families were likely using their meager savings to help stay afloat.

Obama’s proposed tax increases on the wealthiest 1-2% is a pure smoke-screen to pacify his mindless minions who do not have a clue on how economics or the economy works.  It has been said that if Obama were to confiscate ALL of the wealth of the top 1-2% it would only keep the government solvent for 6 days.  Keep in mind that all the discussion here and elsewhere usually does not factor in the estimated trillions of unfunded dollars that Obamacare will add to government spending; the annual deficit and the national debt.