Debtor Nation: When A Ponderous Anger Turns To Indomitable Fury
August 8th, 2011
By Barry Secrest
It would now, almost posthumously, appear that America has had about all of the "Hope and Change" that She can ill-afford for the next good little while. As a large number of nations have now met in order to reach some sort of "blood in the water" consensus with regard to America's outrageous debt problem and what they should do about it, we did get a rare bit of positive news related to the economy, believe it or not. In fact, if we might dare to use the same type of fringe reasoning and cause and effect rationales that the White House and the Democrats routinely put on display, we would then feel confident in our breaking news report, that tropical storm Emily has been steered away from the US mainland by none other than Obama, the Meteoric Messiah's, bold efforts.
To explain, when the loosely formed eye of tropical storm Emily had coalesced to such a degree that it could blurrily peer at the viraling ill-effects of Obama's now estranged US economy, the storm quickly veered away and accelerated out into the safer environs of the vast and brutal Atlantic Ocean. To which we can only remonstrate, Bravo, Bravo Mr. President! Saved once again by Obama's redoubtably dubious economic efforts.
In fact, it has taken everything that we have not to finally and unequivocally blurt-out, "we told you this was going to happen, to Paul Krugman (and a host of others), and we said it some time ago," but... fortunately we are not predisposed to gloat about our unfortunate happenstance, unlike some others that we know. No doubt, a Nobel Prize will be just around the corner (Not!) for our having out-dueled the liberal economist in chief in our nearly three year-long effort at extreme prognostication.
When Hope and Change Becomes Despair and Chaos
To wit, and as predicted in a very recent column, on Friday August the 5th, 2011, America's gold-plated AAA bond rating was downgraded to AA+ status with a negative outlook, which was merely the first ignominious step for an increasingly beleaguered America. Unfortunately for us all, the painful progression of further degradations, which the US will be unnaturally forced to endure as detailed in earlier columns, will most likely be the rule rather than the exception for some time to come. All of this due soley to the mantra of change we can believe in, or put more succinctly, Change We Can Hardly Believe....
So, welcome to the now officially terrifying world of Obamanomics and yet another clueless foray into outrageous infamy for the Obama administration, where the act of being is overrated and the premise of seeming in all things is officially the rule of the day. Unfortunately for Obama, the Media and the now verifiably clueless Democrats, all of that has now changed, and seemingly for a long, long time to come, as the chain of America's vast financial trust between the government and the civil society has been irreparably sundered, if not at least for this regime, but probably for the next as well.
The United State's unblemished debt rating, which had formerly been at the highest of international debt rankings since 1941, is now history and soon, so too, will be Obama's overt popularity. You see, just as Bush will forever be remembered as the 9/11- Meltdown President, so will Obama now be historically ascribed as the absolute worst debtor President in the nation's history, a fact that Obama will be unable to escape, no matter how hard the annals of both academia and the media try. The pain deepens even further when we note that re-establishing a AAA+ rating with the various ratings agencies normally takes an average of anywhere from 9 to 18 years, based on the typical amount of time agencies require to repair a lowered credit standing.
The Democrats Become Debt-Mongers Anonymous
"So what now," many seem to be asking? The answer to that question, rather interestingly, has already been solved, in that before a problem can be attacked, one must first acknowledge that a problem actually exists, and we would all do well to remember that there was no such problem before, according to the media, right? Standard and Poor's was kind enough to handle this particular part of our "face the music" problem for us, rather than our awaiting the Democrat's impending Debt-Mongers Anonymous Meeting, no doubt, to then be followed by their International Procrastinator's Guild induction, which was rescheduled to some future date. Despite mountains of overwhelming evidence already very easy for most Americans to see, an almost pitifully clueless government and a shallowly liberalized media, could only celebrate the copious amounts of seemingly free government money being spewed about like Obama posters at a Communist Party convention.
Unfortunately for Obama and the Democrats, and despite being repeatedly admonished time and time again ad nauseum by critics both here and abroad, fully two thirds of our left-wing government were unwilling to realistically even acknowledge that there was an actual spending problem that required our immediate attention. Worse? Even now you will hear and read that a number of either very shady or very ignorant individuals, within both the media and our government, will continue in a concerted effort to deflect and detract from the fact that this painfully obvious problem actually exists, despite a now enormous amount of evidence to the contrary.
They will lambaste the Republicans for an unwillingness to raise revenues that could not have realistically even dented the amount that was being spent, they will rail at and demonize the Tea Party for being culpable, which could be tractable-- but only in the sense that they forcefully brought the problem to everyone's attention in the first place--and of course, the liberals will demonize the rich for not gifting virtually all of their income to the Federal Government in one fell swoop. They will heckle that outrageously slanderous Standard and Poor's organization for daring to cast aspersions on the White House's efficient spending, they will creatively skew all manner of both debt and unemployment numbers, as if everything were indeed rosy, while they will pitch vitriolic public tantrums in an effort to mask their now overwhelming culpability, if not criminal duplicity.
So Why Is All Of This?
The answer that everyone appears to be seeking to explain all of this would be that at some point, we must all come to grips with a host of flickering truths that have haunted virtually every American, be it admitted or not, at intermittent stages within the recent past. These truths, much like a shy specter, seem to briefly materialize out of the corner of our eyes, only to elusively disappear when we try to peer directly at them. These unfortunate truths also have, in fact, been glaring balefully at us from partial cover for what now seems as an eternity, and yet only some few of us have been either gifted or cursed with the irrefutable ability to easily sense the apparent unnaturalness of an increasingly hostile environment that we now find ourselves in as faithful Americans.
Those of us who do see this phantasm of decimation will then shyly point in the direction of the disturbance that we can cognitively feel--and out of a sense of duty more than anything else--point out the malignancy to those within our immediate circles, hoping that they can perhaps see it as well, while we rather miserably then try to concoct a way to combat it, if not at least mitigate it, while also braving the occasional peel of deranged laughter directed at us.
Summarily speaking, at this juncture in America's history, there can no longer be any further doubt, nor can our suspicions now be laughingly written off as patently ridiculous conspiracy theories. America has, in fact, stumbled rather pitifully into the path of decline, but America did not stumble by accident, nor did She trip on some bit of economic flotsam unseen. America was forcefully pushed into decline, ladies and gentlemen, and by none other than those Americans who were entrusted to both caretake and enhance our governance for but a short time. And at this point there can be absolutely no doubt of who the ringleader of this fiasco was, none other than President Barack Hussein Obama...mmm...mmm...MMM!
The Inmates Running The Asylum Resort To Arson
You see, while even the most uninformed of individuals will easily understand that spending essentially double what one takes in, is a quick path to virtual ruin, even without the withering economic meltdown that drained our treasuries down to nothing--some other, otherwise sophisticated individuals, simply do not understand, and may never will, that placing blind faith in anyone or anything on this earth is never the ultimate answer. A phenomena that I have personally witnessed time and time again among the moderates, Liberals and Conservative Democratic denizens.
While Obama and his minions actually succeeded at convincing some few naively trusting Americans, to include the media, that their spending plan would work quite famously, they failed to convince the larger portion of Americans who had not yet been indoctrinated, and viola', the Tea Party was born, to virtually the entire left-wing's extreme chagrin, and to the establishment's extraordinary fear.
So, if some few Americans still wonder exactly why America has fallen so far and so fast, the answer can always be found both in history, and even better, within the weekly annals of this website, where a large number of ridiculous policy decisions have been documented at length, along with the conditions surrounding each of these executive and legislative policies and a mountain of villainous deceit as perpetrated by the radicals within our government.
If one does, but take the time, to go all the way back to the first article of this website, titled Mainstream Media's Holographic Reality , and pacingly read their way forward, it will all become quite crystal clear, while evincing the voluminous book War and Peace in the process. It would take at least three very hefty volumes to encase all of the articles written, and these are just of those in the Main section of this site, but they will incrementally explain everything in a chronological manner.
So Where Do We Go From Here and What Happens Now?
For now, the best way to determine both where we are as a nation and what lies ahead can quite easily be found right in our own grocery stores at present, in your favorite restaurant, or even in your fuel tank. The portions we American's have been used to for years will seem to be shrinking right before our very eyes, and no it is not just in our collective imaginations. When we look at the price of various food items, most frequent purchasers have already noticed a certain diminution of portions.
Food packagers will often lessen the amounts within a given item almost imperceptibly in order to keep prices seemingly even. Slices of bread will become thinner, items will become smaller wherever plausible, some even advantaging the intervals between the contents of the packaging. And, of course, the packaging itself will gradually become almost imperceptibly smaller, these phenomenon which have been in effect for about 12 months will now accelerate.
While other processors then slowly begin to raise prices, a certain uniformity will more or less take place, and the portions will remain the same, in large part, while the prices will incrementally increase. This, my friends, seems to be the way that it begins in the modern world. However, after the recent reduction in America's AAA rating, we can also expect inflation to increase even more, as the value of the dollar will diminish on the world market. Oh, and by the way, we would all do well to hope that the other nations do not decide to remove the US dollar as the world's reserve currency, because if that happens, the below chart will seem as a trip way,way back in time, in very short order, God help us all.
Unfortunately, it will not begin and end with food items, either. Construction materials, every day toiletries, household items all will drift upward incrementally. As these prices tick upwards, the natural costs of all services will then dutifully follow. We will see virtually everything under the sun increase in price, some to be measured in the space of days, some in months, others in a few years, but nearly everything will increase over time at a vastly accelerated and noticeable pace from what we have been used to in the past.
We will also view all manner of often strange news items that will slowly creep by our notice with regard to financial and other odd happenings both here and abroad. Tensions will continue to increase and flash riots and outright uprisings will occur more and more frequently. America will now be forced into seriously cutting back on its public spending programs as the public eye will shift severely in the President's and the legislators direction. We will probably see a number of dramatic movements by the US military, as a pullback must now occur in some diverse areas. The legislators have already slated US defense to be chopped in the short-term. The debt ratings changes will also, by default, effect both State and local Governments which were already hurting.
As an increasing apportion of taxes will go to pay interest, you will see Legislators crafting ways to raise taxes in a diversity of means. From storm water levies, to myriad excesses of collection, everything will be affected in one way or another. The Federal Government will be massively pressured into also reducing payouts to State governments which will then force even more pressure on the state governments to increase taxes, layoff workers and cut expenses even more. All of this to be thankfully laid at the feet of your President, your Senate majority leader Harry Reid, and the former House leader, Nancy Pelosi, all of the Democrats for the most part, and even some few moderate Republicans.
So, Is This How Obama Plans To "Win The Future"?
So, now to recount the chain of events that have led us to this point, we need only look back at several articles which both detailed and predicted the events that we find ourselves in right now. In an article written in April of this year, titled the Rise of Left-Wing Capitalism, we began detailing a disturbing trend that had come into very clear focus. Here we initially detailed what could be called an "engineered decline of America." In April, we also enumerated the fact that Obama was clearly on a ruinous spending spree and seemed to have no intentions of letting up. At this point we asked the question, "What exactly is up with Obama"? It was here that we also wondered about former Obama appointee, Vann Jones, and his increasingly disturbing diatribes regarding the Top Down, Bottom Up, Inside Out strategy of uprise and insurrection in America and how this was connected with the Arab Spring and Communists uprisings in the US and abroad.
It was in this article that we also repeated the most disturbing quote ever enumerated by Obama in which he stated the following: " Belief in Capitalism is Blind Faith,This philosophy of letting people fend for themselves has failed" ~President Barack Obama, October 2010
Now, when you consider the above quote regarding what is happening at present, you can begin to see that the President is not exactly crazy about individual self-determination, and therefore Free Market Capitalism, and therefore America's Constitution and ipso facto Her Liberty. The column ended with an entry of the 1963 Congressional Record by Rep. S.A. Herlong, in which a book called "The Naked Communist" was established into the public congressional record indicating a set of Communist goals.
The shocking part of all of this is that, as of right now, many if not most of these Communist goals have been realized, the main one being the overall destruction of America as we have known Her. But why? One of the answers to that important question comes from the left-wing, who say that America has become far too powerful and far too potent as compared to the rest of the world's Nations as a result of both Her gargantuan free market, Her potent military and still drearily dynamic economy. America is clearly an impediment to the goals of the Globalists and their worldwide agenda. Before globalism can come into play, America must be taken out of the way, or reduced in some fashion, as we have just seen in the last few days.
In our follow-up article titled Design of Darkness, we reviewed Obama and the Democrats' seeming desire to collapse and remake the entire American economy, based upon all of the indications at play,we were correct. We also identified the frequent and painfully obvious forays into obvious lies that Harry Reid, Obama and other left-wing legislators have told repeatedly. It was here, also, that we detailed one of Obama's main supporters, billionaire Globalist George Soros, and his stated designs that proved shocking to a number of our readers:
The Globalist's main goal is to have one centralized powerful governing body over one world. Make no mistake, all religious parallels aside, the Globalist's desire is to engineer and control both trade and humanity the world over.
There is one major factor that stands in the way of that goal.
In order to retain the authority and the power of a one-world globalist society, there can be only one major power. The United States economically, militarily and ideologically stands fully in the way of the globalists' centralized, inhumane goal. What better way to take Her down softly, while whispering sweet hope and change in Her ear than the way in which we are seeing at present.
It was also here, in April, that we warned our readers of Standard and Poor's warning that the national debt had to be dealt with, and quickly, in order for America to keep Her financial ratings intact, which was largely, if not totally ignored by Obama and the Legislators. In June, we offered up the column, A Significant Event, where we indicated the exact scenario that is occurring right now, today, and spoke at length on all of the reasons to act now and to do so decisively, but to no avail. So, as many are well aware of this site being openly followed by both Houses of Congress, and others, we did our level best to warn any and all of the hazards that lay ahead for these inner beltway types who are forever being seduced by the establishment in one way or another, and it wasn't just us. Virtually every member of the new Conservative media and business have let forth with cries in a wilderness to those who either think that they know better or who, even more likely, do not really care.
So, why not offer our government up a big round of hearty applause right there from your perch at the computer screen for a job in wrecking the nation's economy--extraordinarily well-done! Oh, and be sure to remember these miscreants at the polls in 2012, unless, of course, you really adore and want to see even more of this new America courtesy of Obama and the cluelessly deceitful Democrats on through 2016, God save us all.
That's assuming that America is still here in late 2012, of course....
Insanity is doing the same thing over and over again and expecting different results