In his weekly radio and video address describing what he called the American Recovery and Reinvestment Plan, President-elect Obama spelled out five main goals. He said his plan proposes to:
* double renewable energy production and make public buildings more energy efficient;
* rebuild crumbling roads, bridges and schools;
* computerize the health care system
* modernize classrooms, labs and libraries;
* and provide tax breaks to American workers.
Cutting taxes and increasing spending is what we did under Bush. Building roads isn’t any different than building guns, from a mathematical point-of-view. This is the same exact economy we already have, but with a different shade of lipstick on the same pig.
The government is a debt pig of $13 trillion. Obama is not asking the right questions, which is why he has the wrong answers.
Why do we have a deficit at all? If the government prints money, then how can the government be out of money? It makes no sense. How can businesses be broke, families be broke and governments be broke simultaneously? Who has all the money? There is something very strange here.
As the numbers get bigger, everybody gets poorer. The harder we work, the bigger the numbers get. Like trying to stay afloat in quicksand, the more you struggle, the faster you sink.
Think about what has occurred across generations. We went from families with one income, to families where the mother worked when the kids went to school, to families where the mother worked full-time and the kids went to daycare. Simultaneously, the size of the family shrunk. And now we have high school students entering directly into a world of debt.
America has priced itself out of existence. Inflation has destroyed everything in its path.
Of course, there are some people who are exceedingly rich, but they can only be so by making others poor. It is mathematically impossible for everyone to be getting richer simultaneously. That is only possible if the government is getting poorer. But if the government is broke, then the people are broke by proxy. The divide is based on some people being over-paid and others being under-paid. The government is the great facilitator of the imbalance. Taxing the rich to give to the poor can’t work, since the rich will just raise their prices.
Barak Obama will soon be President of the United States. His ‘big break’ (his words) came about by publishing a book, for which he was grossly over-paid. The Clintons and many others have also been grossly over-paid, too. It is the sophists that sell their words, but they contain no wisdom. The Suze Orman’s of the world, like Obama and most politicians, all promise the same thing: a chicken in every pot. Yet, they have no explanation of what went wrong originally. All they know is that if you get overpaid too, then you can be rich, too. Unions are an attempt to bridge the gap, but an overpaid worker requires overpriced goods, too. Look at how much cars cost.
What is strange is that we have all been indoctrinated to believe a lie: Buy Low-Sell High.
If every transaction is imbalanced, then all of society must be imbalanced, too. What we need to do is Buy Low-Sell Low. We need to trade, not profit. THIS IS WHY THE WORLD TRADE CENTER WAS ATTACKED! The prophet have been telling the world the same things for a very long time. All profit makes one person rich and another person poor; all profit is somebody else’s expense. Whether you call that revenue taxes, profits, donations, wages, capital gains, or interest, they all represent an imbalance 2+2=5. Bust is boom; 5=2+2.
To have a functioning economy, debt-free and inflation-free, we must use 2+2=4. The smaller the percentages the better. 0% is the ideal number. Everybody can afford free, nobody can afford inflation.
Obama is treating the symptoms and not the cause. Don’t get your hopes up on him; you will only be disappointed. But if you spread the word about buy low-sell low, eventually he will hear the word. The King is always the last to know. And please, let’s not kid ourselves anymore, we have elected a King.
If children in high school must go directly into debt to attain an education to get a job, then there is nobody left to hoister debt onto. Everybody is now a serf to the machine. The system is poised for collapse. A ponzi scheme must collapse when there are no new pigeons left to add. Government itself has always been a ponzi scheme, which is why nobody can manage it. It is impossible to manage a mathematical farce, no matter how compassionate or educated you are.
In the end the Party would announce that two and two made five, and you would have to believe it. It was inevitable that they should make that claim sooner or later: the logic of their position demanded it. Not merely the validity of experience, but the very existence of external reality, was tacitly denied by their philosophy. The heresy of heresies was common sense. -from 1984