Wednesday, April 4, 2012

The 15 Trillion Dollar Party

This is the kind of truth that nobody wants to hear because it pulverizes the grand delusion that we think keeps us happy.  Has America morphed into a nation of degenerate liars and thieves who are sufficient evil and/or stupid to condemn our progeny to a life of misery?
If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future for your children, your grandchildren and your great-grandchildren would you do it? Well, that is exactly what we are doing as a nation. Over the past several decades, we have stolen 15 trillion dollars from future generations so that we could enjoy a dramatically inflated level of prosperity. Our 15 trillion dollar party has been a lot of fun, but what we have done to our children and our grandchildren has been beyond criminal. We ran up the greatest mountain of debt in the history of the planet and we are sticking them with the bill. Sadly, both political parties have been responsible for the big spending that has been going on. Both Democrats and Republicans have run up huge budget deficits when in power.
Read the rest here
The Economic Collapse