He is exactly right. We are witnessing the implosion of the welfare state. It is unsustainable. With unfunded obligations of over $100 trillion and a bankrupt nation, the current system is unsustainable.
Reminds me of what some British lady once said: Tthe problem with socialism is that eventually you run out of other people’s money.
We are witnessing the implosion of the welfare state. It is unsustainable. With unfunded obligations of over $100 trillion and a bankrupt nation, the current system is unsustainable.
Being as they are democrats, they would just as soon
destroy the nation rather than their child the welfare
state.
After all, nations are old outmoded imperialistic
geographic creations which have no place in the modern world order./S
I think you are exactly right.
Still I have hope because after the implosion, after air castles collapse, the people who made and to this day make America will still be in place: soldiers, builders, farmers, ranchers, miners, machinists, fishermen, loggers, small town doctors, bankers, clergy, merchants...they will still be at their homes and shops and offices ready to sweep up, pick up, build up the nation again.
It’s what they do and have been doing since the first Revolution. The hell with Washington, the hell with Wall Street, Hollywood, Georgetown, Alexandria, Manhattan, L.A., on and on.
“After the buffalo are gone,” Sitting Bull said, “we will hunt mice. Because we are hunters and we want our freedom.”
Plug in the trades and the callings mentioned above—as well as any other honest day’s work you want to name—and Sitting Bull’s dictum holds true for all of us who care.
Bring on the crash. Bring on the smoke and ruins, the bleating and the bleeding, for that matter, if that’s where they want to go.
When it’s over we’ll all still be here, ready to work.
ANd in the end that’s going to mean writing off debt.