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Biden Goes for Broke
American Thinker ^ | 2 May, 2021 | Gary Gindler

Posted on 05/02/2021 4:37:41 AM PDT by MtnClimber

Joe Biden managed to develop a simple and effective plan for America's bankruptcy in 100 days.

Traditionally, every American president has been compared to his predecessors. From this point of view, the main divide between Biden and Trump is that Biden is 100% predictable, and Trump was not. Trump's unpredictability baffled everyone, domestically and internationally. On the other hand, Biden is an open book, and this book even has a title: "Resolutions of the 19th Congress of the Chinese Communist Party."

Predictably, Biden believes that all the problems facing America are connected directly or indirectly with the previous president and his millions of followers, all of whom are racists. Actually, all Democratic presidents adhere to this opinion. Still, there is a big difference between the militant socialist Obama and the awkward socialist Biden. If Obama tried to put America on a socialist track through legal, economic reforms, such as an attempt to nationalize the health care industry, Biden chose a different path. Biden is trying to achieve the left's goals with the help of financial mechanisms.

Biden's long-announced infrastructure bill is a multi-trillion-dollar and multi-year project. Its result should be an economy in which the primary employer in America will be not private companies, but the federal government. One federal employer, one federal legal owner of a gun, and one national ideology — this is the idée fixe of all the left. At the same time, under Obama, the nationalization of industry de jure did not occur, so Biden is trying to achieve this goal de-facto.

The American left is looking to the future with hope because the cost of Biden's mega-project exceeds the wealth of all American billionaires combined. Even theoretically, the American rich will not be able to resist this — they have too little money.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Society
KEYWORDS: collapse; communism; economy; fascism; inflation; infrastructure; nationalization

1 posted on 05/02/2021 4:37:41 AM PDT by MtnClimber
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To: MtnClimber

I think we are in the last moments when we could avoid Venezuela 2.0.


2 posted on 05/02/2021 4:37:52 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screeen name for my FR home page.)
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To: MtnClimber

F**K Joe Biden.

America FIRST!

https://youtu.be/X7uZLd3Gr84


3 posted on 05/02/2021 4:39:54 AM PDT by Candor7 ((Obama Fascism:http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html) )
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To: MtnClimber

Uh that would pretty much be the country


4 posted on 05/02/2021 4:44:33 AM PDT by Lod881019
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To: MtnClimber

I think you’re right.


5 posted on 05/02/2021 5:07:02 AM PDT by sauropod (Chance favors the prepared mind.)
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To: sauropod

We are on the way...look at inflation in just 100 days...


6 posted on 05/02/2021 5:27:17 AM PDT by Hojczyk
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To: MtnClimber

Come on man, we’ll just print some more money as soon as we can round up some paper and ink!


7 posted on 05/02/2021 5:34:07 AM PDT by Brian Griffin
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To: MtnClimber

Liberals LOVE spending other peoples’ money!!


8 posted on 05/02/2021 5:54:49 AM PDT by SMARTY ( "Force always attracts men of low morality. " Albert Einstein)
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To: Brian Griffin

Who needs paper and ink? They want to go cashless, so “printing” more money will be entirely electronic.


9 posted on 05/02/2021 5:57:07 AM PDT by HartleyMBaldwin
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To: MtnClimber

” Biden Goes for Broke”

Biden Goes for more of Alinsky’s rules

2. Poverty – Increase the Poverty level as high as possible; poor people are easier to control and will not fight back if you are providing everything for them to live.

3. Debt – Increase the debt to an unsustainable level. That way you are able to increase taxes, and this will produce more poverty.


10 posted on 05/02/2021 6:33:06 AM PDT by antidemoncrat (somRead more at: https://economicti)
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To: Hojczyk
We are on the way...look at inflation in just 100 days...

"Slowly at first, and then all of the sudden..."

Zimbabazuela, but with nukes and a balkan style civil war. And killer drones and killer robots, let's not forget those modern marvels that the desperate police state will deploy.

11 posted on 05/02/2021 6:40:14 AM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: MtnClimber

Joe Biden = Manure Salesman


12 posted on 05/02/2021 7:44:52 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: MtnClimber

if the LEFT is successful, future generations will be economic slaves and curse our names.

no dissent. resistance is futile.

ostracize, demonize, criminalize.

see you in the breadlines.


13 posted on 05/02/2021 8:03:13 AM PDT by joshua c (Dump the LEFT. Cable tv, Big tech, national name brands)
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