Soon There Won't Be Enough Money in the World to Fund US Debt

http://libertarian-neocon.blogspot.com/2012/11/soon-there-wont-be-enough-money-in.html ^ | libertarian neocon

[BruceDeitrickPrice]

Here are the simple questions that all Republicans should be asking Obama:

Mr. President, are you consciously trying to wreck the American economy?

Mr. President, everyone agrees that the present course is unsustainable. Why do you continue to push us along this path?
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[Want a solution? Here’s a start. Get rid of baseline budgeting, which guarantees annual increases. Freeze all budgets in place. Then start cutting waste and redundancy. I believe that Romney would have done something like this.]

[St_Thomas_Aquinas]

Mr. President, are you consciously trying to wreck the American economy? Mr. President, everyone agrees that the present course is unsustainable. Why do you continue to push us along this path?

At this point, the media, and those on the dole, know everything that they need to know. Obviously, they don't care.

And the Republicans won't fight.

So we're all sitting here waiting for the inevitable.

The only remaining question is how the inevitable plays out. My guess is that hyperinflation will cut American living standards by 50%. Done over the course of a couple of years, and with the complicity of the media, the layabouts, and most workers, won't be able to identify the cause of the problem.

The military will be cut by 70-90%.

Wealth and estate taxes on "the rich" will rise to 90%.

No government agencies will be eliminated. Entitlements will be cut substantially, as will the salaries of government employees.