Posted on 11/11/2014 8:55:06 AM PST by Oldpuppymax
Amnesty will kill us. It will cripple our ability to get out of debt.
Since Barack Obama took office we have watched helplessly while he ran up our debt using our future earnings as collateral. As ordinary Americans we are limited in our ability to visualize and actually get a true understanding of the magnitude of our debt.
We hear numbers that start in the hundreds of billions and run to the trillions. These numbers lose their meaning and their impact because of their enormity. The current best guess is that we owe nearly 18 trillion dollars. That much money arranged in stacks of dollar bills can equal the size and height of big city skyscrapers; but when unfunded mandates are included we can build a small city.
We no longer even have an understanding of how our dollars and our debt relate to each other; what our money actually represents. One theory of the value of dollars that might be helpful is the Man Hours or Man Years (MHMY) measurement.
Using MHMY if we set a workers average pay at $20.00 per hour or $40,000 a year our economy is worth $840 billion Man Hours or 420 million Man Years. Fortunately the average Americans wage is $44,888 which helps a bit. By that measurement our national MH are at around $462 billion and our MY are about $925 billion.
To grasp how feeble even this impressive sounding number will be in righting our debt ship, combining our recognized debt of $18 trillion and our various unfunded mandates of $250 trillion leaves us with a total debt mountain that will...
(Excerpt) Read more at coachisright.com ...
When it gets to that amount it becomes play money it is worthless as the stuff you play monopoly with it will never get repaid they all know it what will happen is we will become a 3 rd world nation at best but I think we will sink much lower than that
The dollar cost of Amnesty is not the big issue.
The real cost will be our nation. Importing 40 million Mexicans is simply importing a different nation and making them the real electorate.
The intention of Amnesty is to replace the Americans with a different populace.
The loss of the country and the nation is what is at stake.
It’s not immigration, it’s invasion.
At least the Roman Empire never devalued (inflated) its currency. As far as I know.
If you want to get totally depressed, read Dave Stockman’s book The Great Deformation. All 768 pages.
One of the last acts of the Roman Empire was to make huge numbers of non-Romans into citizens, that was the death knell
Milton Friedman pointed out that you can have open borders or you can have a welfare state but you can’t have both and survive even a generation.
It's what you do if you hate a country and want to destroy it.
Its what you do when you put in Timothy Geitner in charge of the Treasury ,
and then you put Rahm Emmanual to supervise Geitner and be his boss.
It explains why the comon term at the Treasury Dept. was : "Rahm wants it " (with no further explaination necessary).
From the beginning, Obama has had only ONE major goal .. DESTROY AMERICA.
His philosophies of life were taught to him through Communism, Socialism, Marxism and Islam. Now, Just what do you think he believes about America ..????
His purpose is to make America SUFFER the way Obama believes America has made the rest of the world suffer.
If he overruns the country with all these illegal people; they will have no food, no housing, no job, no money; and Obama believes America deserves to experience what the rest of the world experiences.
You can’t get a much more screwed-up, illogical, ignorant opinion than that .. but Obama believes he’s doing the world a big favor by tearing this country apart.
The FACT the dems have supported this attack upon our country .. they deserved the total drubbing they got.
Now, the real issue is .. will the repubs continue to cow-tow to the dems .. instead of continuing the WAVE ..??
Remember; get the phone numbers and email of your reps in Congress and whenever you see something going on that you don’t agree with .. GET ON THE PHONE AND LET THEM HAVE IT.
We must hold these new legislators accountable. If Boehner and McConnell continue to listen to the dems .. we are going to be in really big trouble. The only way to stop it is to get on the phone and let them know we don’t like what they’re doing .. and they need to stop following the lead of the dems.
HERE’s A CLUE: CALL THEIR LOCAL OFFICES .. IT REALLY WORKS LIKE GANGBUSTERS. When they find out the people in their local districts are paying attention to what they’re doing .. they can change their behavior very quickly.
What do we do about it?
First, we have to realize who we are dealing with and then we resist them to their faces with every fiber of our being.
So far Obama&CO have done every one of them.
I’ve never heard that, but it makes sense.
Can you point me to a source on this?
$18T?? He left off a 0 somewhere...entitlements (including those some even here believe they’ve ‘pain into’) tally over $120T.
That’s no whole one can EVER dig out from...
Well, the idiot politicians think that amnesty will actually help with the debt, because us natives are not breeding fast enough to keep their liabilities funded.
“At least the Roman Empire never devalued (inflated) its currency”
Yes, they did:
“Upon his accession Commodus devalued the Roman currency. He reduced the weight of the denarius from 96 per Roman pound to 105 (3.85 grams to 3.35 grams). He also reduced the silver purity from 79 percent to 76 percent the silver weight dropping from 2.57 grams to 2.34 grams. In 186 he further reduced the purity and silver weight to 74 percent and 2.22 grams respectively, being 108 to the Roman pound.[2] His reduction of the denarius during his rule was the largest since the empire’s first devaluation during Nero’s reign.”
http://en.wikipedia.org/wiki/Commodus
Politicians will be able to vote themselves perks and pay raises so they don’t care. Federal unions will be able to extort tax payers for more money so they don’t care. The Welfare queens will still get their Obamaphones and food stamps. Banks will get bailed out. If you’re managing to make enough money to pay taxes you’re screwed.
Welcome to Greece. The underground barter economy will thrive so prepare for that.
Nice Post!
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