Sword and Debt: Ways to Conquer
While some attribute the following quotation to a founding father, I likely find that it was not; however, the quotation is timely and based in truth -- it is the basis for our post today:
"There are two ways to enslave a people (nation): one is by the sword, the other by debt."
The author of this quotation whether famous or anonymous was restating what Dr. Benjamin Franklin did say in his 1758 treatise, "The Way to Wealth:"
"When you run in debt, you give to another power over your liberty."
So with these two powerful indications on the negativity of amassing debt, the USA can only hope for a future of having its liberty controlled by others -- namely the nations that are the holders of our debt. Think of the position the USA was in following WWII and you would be sightless if you cannot make the parallel alignment of the current position of China.
Why even the head of one of the USA's biggest corporations, Jeffrey Immelt, CEO of GE, stated emphatically about China's communistic government:
The one thing that actually works, state run communism a bit– may not be your cup of tea, but their government works.
When one of the USA's largest conglomerates and a very close advisor to the BHO White House thinks that communism works, American is truly in its twilight. China's centrally planned economy is a thing of envy by Mr. Immelt showing the final alignment between big business, big government, and big labor. These three are always necessary in order to alter the political landscape of a sovereign country. If you are a disbeliever, please do your own research on the the European countries that are now socialistic, Russian pre-1917, China pre-Mao, and now the USA.
The funny point is that big business and big labor believe that they will be able to control the monster that they created as the third leg of their economic triumvirate -- big government. However, big government always takes power from the other two and stands alone.
This is the future for the USA. We are amassing debt a the rate of over, and I mean OVER, $4 Billion USD a day -- not a month, but a day!!! This will continue through out the second BHO presidency. I am also going to make some very bold predictions in my next post called the "USA in 2016."
Take care, and do not worry about the future, the die is cast, the course set, and there is absolutely nothing that can be done about it. American is finished -- its is a sick, and weakened giant being watched by those that are simply waiting to feed on its accumulated bounty and bones when nothing remains.
These are not pessimistic words or predictions of surrender; they are unemotional discussions of the future that awaits America given its current status and choices. In order to tantalize my readers, I will give you one prediction that is probably the most outrageous and even salacious:
President Obama will most likely be the last American President.
Whoa!
No comments:
Post a Comment