Posted on 11/24/2008 11:16:12 PM PST by solfour
"By 1998, when I first made my prediction, it had exceeded $2 trillion. Now it is more than 11 trillion. This is a pyramid that can only collapse."
...
"It is already collapsing. Due to the financial crisis, three of the largest and oldest five banks on Wall Street have already ceased to exist, and two are barely surviving."
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"Two countries could assume this role: China, with its vast reserves, and Russia, which could play the role of a regulator in Eurasia."
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"Millions of citizens there have lost their savings. ... whole cities will be left without work ... by spring, it will be clear that there are no miracles ... vulnerable political setup ... lack of unified national laws ... divisions among the elite"
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He predicted that the U.S. will break up into six parts - the Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong.
He even suggested that "we could claim Alaska - it was only granted on lease, after all."
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"In 2006 a secret agreement was reached between Canada, Mexico and the U.S. on a common Amero currency as a new monetary unit."
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"We [Russia] must break the strings tying us to the financial Titanic, which in my view will soon sink."
(Excerpt) Read more at en.rian.ru ...
Unless we reform the entitlement programs, which represent an unfunded liability of about $60 trillion, the country is headed for an economic train wreck. SS goes belly up in 2017 and Medicare, which is in even worse shape and far larger, will hit the wall around 2013. I am not optimistic about Congress solving these problems. They will try to kick the can down the road for a few more years when the crisies hit.
A: Please tell us more on the division of the elite. Is this about the Republicans and Democrats?
Q: The US leadership consists of two groups. The first one can be named "globalists" or "trotskists". Their main idea was formulated by Trotsky long ago: "We don't care for Russia, we care for a world revolution". The Soviet Russia was regarded as a base to start fight for control over the world. The second group is "statesmen" who act for the sake of their country. People from these groups are present in the both Democratic and Republican parties. An example is the results of the Congress voting on the Poson's plan, submitted by the Republican administration. It was initially scrapped by the Republicans, not Democrats.
Q: Who leads those clans?
A: The senior figures of the globalists are Condoleeza Rice and vice-president Dick Cheney.As for the statesmen - there are Defense Secretary Robert Gates, the CIA's Director Michael Hayden and Director of the National Intellegence Admiral Mike McConnell. The globalists are mainly from the financial elite, while the statesmen from the armed forces, secret services and the weapon-making industry. Recently the opposition between them became well-seen to the public. Last December the statesmen came out with a report that challenged the very existence of the Iran nuclear programme. That contradicted the conclusions by Cheney and Rice. The second incident was during a Congress hearing on the five-days Causcasus war. The Globalists, presented by Ms.Rice declared that the war was started by Russia and it would have been punished for that. Georgia was a Condoleeza's project. But the secret services' people said something diametrically different - that is was Georgia who started the war. So, an oppostion of the leading political figures is evident. the original in Russian
The entitlement programs make up 40% of the budget and the costs of servicing the debt are about 17%. So only about 60% of the budget is “discretionary” including defense. We are going to have a very difficult job reducing government spending, especially during an economic downturn.
[...]Non-citizens of the USA make a big proportion among the US troops fighting in Iraq - they're fighting for American citizenship. So we see that the armed forces have ceased to function as a melting pot which provides much for the unity of the American state.
Is this true?
Not without the political will to do so. I doubt our political class has the courage to tell the American public the truth about our economic condition.
Why not. The USA isn't using it.
Help the Yankees pack up? I don’t understand your last statement.
Plenty of us take the US seriously. You should, too. And screw La Raza. They will eventually get what's coming to them. And it ain't Aztlan.
As for the NAU, well, I have no objection to extending the US Constitution (adding more states) from the north pole to the Panama Canal. Any other form of government would be unacceptable.
Breaking us up just makes it easier for other powers to digest us. How fast do you want to be a citizen of the EU or Mexico or Russia?
“or China will take it”
The Russians are losing control of eastern siberia. They already have an illegal (Chinese) problem proportionately as bad as ours.
OK
Must be my testosterone laden maleness that allows Miss K to interest me.
< snicker >
65,000 out of 1.6 million, probably pretty evenly distributed throughout the military. About 4%. Only about 2% of our KIAs, though, so they certainly aren't serving disproportionately in Iraq.
Must be....
Miss K and I DO have some things in common: Long legs and long hair. A few other things as well...But I’m not as rich as she is. *heh-heh*
This guy is clearly ignoring Russia’s problems. They have an economy about the size of London and supported only by oil wealth which has gone down the toilet now that oil prices have tanked.
Russia also has a declining population and there is real fear in the Kremlin that they may not be able to hold eastern Siberia 30-50 years from now. It’s not exactly a good time to lay claim to Alaska.
However he does have a point that if the US continues to accumulate debt, the currency is going to crash. We are going to have a budget deficit next year of over $1 trillion dollars. Something needs to change the way the government is doing business or this runaway train is going to derail and it will be one very horrific crash.
Ahh well.
LOL!
That’s what dreams are for!
those sort of dreams are not for this forum!
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