Posted on 03/25/2016 12:43:45 PM PDT by all the best
If you want to know why we have a $19 trillion national debt and a fiscal structure that will take that already staggering figure to $35 trillion and 140% of GDP within a decade, just consider the latest campaign fracas. That is, the shrieks of disbelief in response to Donald Trumps sensible suggestion that the Europeans pay for their own defense.
The fact is, NATO has been an obsolete waste for 25 years. Yet the denizens of the Imperial City cannot even seem to grasp that the 4 million Red Army is no more; and that the Soviet Empire, which enslaved 410 million souls to its economic and military service, vanished from the pages of history in December 1991.
What is left is a pitiful remnant145 million aging, Vodka-besotted Russians who subsist in what is essentially a failing third world economy. Its larcenous oligarchy of Putin and friends appeared to live high on the hog and to spread a veneer of glitz around Moscow and St. Petersburg. But that was all based on the worlds one-time boom in oil, gas, nickel, aluminum, fertilizer, steel and other commodities and processed industrial materials.
Stated differently, the Russian economy is a glorified oil patch and mining town with a GDP the equivalent of the NYC metropolitan area. And thats its devastating Achilles Heel.
The central bank driven global commodity and industrial boom is over and done. As a new cycle of epic deflation engulfs the world and further compresses commodity prices and profits, the Russian economy is going down for the count; its already been shrunk by nearly 10% in real terms, and the bottom is a long way down from there.
The plain fact is Russia is an economic and military weakling and is not the slightest threat...
(Excerpt) Read more at davidstockmanscontracorner.com ...
Yes, what you are saying is consistent with the interview transcript I read with Trump in wapo.
My dream !
“Well, come to think of it, there is no threat from the Warsaw Pact anymore. It might be a good time to dissolve NATO, sign a defense treaty with the UK, and tell the rest of the EU to defend itself.”
Ignorant nonsense, well designed to kill millions of people, including a lot of American military. Also, that is a misrepresentation of what Trump had to say.
The only nations that ever stand with us are Australia, Canada and the UK. I don’t need or want any of the rest of Europe.
Stockman has evidently failed math. Last year, the US Govt spent $1.6 Trillion on Social Security and Healthcare (neither mentioned in the Constitution).
We spent $0.6 Trillion on Defense (mentioned in the US Constitution.
The problem is an out of control welfare state, not alliances that have served us well by preventing another World War.
There are legitimate discussions to have on how well DOD spends money (not well at all IMHO), but to truly affect government spending and the debt, we must at some point wean the general public off the government teat.
Should have dumped NATO years ago...
Run 50,000 Brits thru Camp Pendleton infantry training and send them home with an M-16, a thousand rounds of ammo and a kick-ass attitude. You won’t need NATO in the UK, and bed-wetting leadership will crawl under a rock and the Mooslims will be hanging from lampposts.
“”You wont need NATO in the UK, and bed-wetting leadership will crawl under a rock and the Mooslims will be hanging from lampposts.””
What an excellent idea! Got to start somewhere.
Hastings Ismay, 1st Baron Ismay, the first Secretary General of NATO famously said the organization’s goal was “to keep the Russians out, the Americans in, and the Germans down”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.