Our founding fathers would roll over in their graves if they became aware of the extent of our runaway indebtedness and lack of foresight~which has accelerated with the advent of Obamanomics: Allen L Roland
The more the government spends, the less capital the private sector can utilize. Moreover, while federal spending may put more money in the hands of some people, it does not transform or "stimulate" the economy the way innovations in the private sector do. And get this, Politicians from both parties have increased the national debt burden to over 90% of GDP.
We can't spend tax dollars like monopoly money but nothing can stop this runaway trainof fiscal irrsponsibility unless we the people demand that we cut spending ~ starting with Defense.
"We must not let our rulers load us with perpetual debt." ~ Thomas Jefferson, letter to Samuel Kercheval, 1816
"The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt, are indications soliciting the employment of the pruning knife." ~Thomas Jefferson, letter to Spencer Roane, 1821
As we sink deeper into debtand depression in 2010~ we draw closer tothe possibility of a genuine social uprising demanding the change we voted for andwhich is still denied by Congress and the Obama administration. Remember, an armed and angry populace is the Oligarchy's worst fear.
Want to find out why no one invades Switzerland and why the people rule and the leadersactually listen ~ watch this 3 minute youtube video ~
Allen L Roland
