Sadly you may be correct. We may be headed toward Zimbabwe. This is what he and his goons want.
The American public has no clue how fast it can happen.
The thin veil of civil society, case in point: Sarajevo.
This is a replay of an earlier post:
This is a cut-and-paste from a NYT interview:
It is true that as tough an economic time as it is right now, we havent had 42 months of 20, 30 percent unemployment. And so the degree of desperation and the shock to the system may not be as great. And that means that theres going to be more resistance to any of these steps: reforming the financial system or reforming our health care system or doing something about energy. On each of these things you know, things arent so bad in the eyes of a lot of Americans that they say, Were willing to completely try something new.
But part of my job I think is to bridge that gap...
AND...
“I knew even before the election that this was going to be a very difficult journey and that the economy had gone through a sufficient shock and that it wasnt going to recover right away.
In some ways its liberating...”
http://www.nytimes.com/2009/05/03/magazine/03Obama-t.html?_r=1&partner=rss&emc=rss&pagewanted=all
My belief is that these words make it clear that the “Great Recession” was planned, and intentionally worsened, and will be further worsened, until all of his agenda is passed.
DG
It is right out in the open. This was planned, and is planned to get much worse.
People who think that when SS and Medicare disappear, they will be OK, because they have a 401K and an IRA, and their own house, better think twice. You can lose your house. Many already have. You can lose your retirement, if not by outright confiscation, then by falling stock/bond/money markets. Then, think about “paying off” the National debt.
Taxes will not ever “repay” it. They are not intended to . Taxes will be raised, but for the purposes of punishing the “rich”, and damaging the economy. The debt will be paid off ONLY by “monetizing it.” Which means hyper-inflation. Your IRA will be worth a lot of money but the money won’t be worth anything.
Incidentally, I was involved in a construction project during Carter’s Stagflation. It caused a building boom, such that it was difficult to get concrete poured, at least in S. California.
DG
He doesn’t want Zimbabwe; He wants Stalinist Russia.