The "media" is abuzz this morning with calls for Obama to unilaterally raise the debt ceiling himself. Rep. Clyburn, who is third in line in the House (and who named his daughter 'Mignon', as in 'Filet Mignon', because he is really, really intelligent and classy like that) is now calling for Obama to unilaterally raise the ceiling. We know from the exposure of "Journolist" that the media and press colludes on these talking points with guidance from the Obama regime. We also know that all of the debt ceiling negotiations are total and complete kabuki. There are no spending cuts - only booking as "cuts" money which the government says it will NOT spend ten years from now. It is all meaningless. Guys - ten years ago today the Twin Towers were standing. NOTHING Washington says about "ten years from now" is ever going to happen - and every single one of them know this. And also understand that ObamaCare, if not fully repealed, will cost AT LEAST TEN TIMES what they are saying it will cost. ALL government entitlement programs cost 12-20 times their initial cost estimate. They are saying $2.6 trillion. It will be $26 trillion at minimum - which OBVIOUSLY would collapse the country just by itself. I doubt very seriously that this Republic will exist in its current form ten years from today.
It appears that Congress is going to do nothing, London will downgrade our credit rating (we are almost certainly going to be downgraded no matter what), interest rates will uptick, Obama will then unilaterally raise the debt ceiling $2.4 trillion in order to "save the country", which is what Geithner told Congress was going to happen back in May anyway. Due to the additional economic pressure caused by the interest rate uptick, the Federal Reserve will then declare that QE3 is "necessary" and print several trillion more dollars. The Dollar Index will drop below all-time lows at 70.80, and then it will be over.
And so, what we will have is exactly what the Obama regime originally wanted back in May, except Obama will now have dictatorial, super-constitutional power in addition to $2.4 trillion to hand to the Unions, GE and the Muslim Brotherhood.
This is how liberty dies. With thunderous applause.
No comments:
Post a Comment