Edge of the Spending New Frontier

Edge of the Spending New Frontier

From:

http://sultanknish.blogspot.com/2011/07/edge-of-spending-new-frontier.html

 

The debt ceiling debate is less about spending than it is about the purpose of government. Under the impact of an economic recession, the train of the Great Society is approaching the edge of the New Frontier. Both sides are still trying to work out a New Deal, but another cuts and spending formula is not the solution. What we need is a serious and earnest discussion about why we are compulsively spending money.

A cocaine addict who runs out of money doesn’t have a spending problem, he has a drug problem. Telling him to cut back on how much money he spends on cocaine, or to shop around for cheaper cocaine isn’t the solution. It’s not about how much he’s spending, but about why. The problem isn’t in the math, it’s in the mindset.

Our cocaine is social justice. Like most junkies who are willing to sell anything and everything to keep the supply coming, Obama’s position in the budget debate is take everything– especially the military, but leave the social justice and the big government that administers it on the table. And also like most junkies, he has an endless supply of self-righteous speeches denouncing the people who just want him to stop.

In the rush of words, he postures, conflates compromise with confrontation, threatens and urges everyone to work together. There is no consistent message, only egotistical aggression and defensive need. Strip away the verbiage and you come away with a chorus of, “Mine, My Way, Mine”.

With all addictions, it is important to look for the root cause. The psychological weakness that allows the chemical rush to take over and become the defining principle of life. In this case it is a basic split over the purpose of government.

These competing visions of government are rival philosophies with differing views on human nature. They cannot even agree on what the nature of “fair” is and that makes reconciling on a national agenda nearly impossible. Is fairness socially determined or self-determined. Is it the function of government to spread the wealth or to protect a system where wealth acquisition is accessible. Is the economy a function of individual choices or organizational mandates.

Government as the caretaker of the system and of Big Aunty who uses the system to make society fairer. Both claim populist allegiances but any system that sets out to remake society is doomed to an elitist and totalitarian nature. The only authentic populists are protesting in reaction to Big Aunty and her nanny state.

The functional state is clashing with the utopian state. The functionalists want to trim back the utopian programs of the state and pare it back down to its vital functions. But the utopians don’t even recognize the economy as something apart from the dictates of the state. Spending never has to be regulated, because it is only a micro-function of their system whose negative effects can be nullified through other programs. Or, “Why cut spending when you can just print more money.”

The economic solipsism of the left may be irresponsible lunacy, but it is part and parcel of their approach to everything. Their utopian state and its philosopher-czars are given the power to alter everything without a single ray of light allowed to penetrate the gloom of their dogma.

In the utopian mandate, it is irresponsible to have power and then not to use it to improve the country, just as having wealth without employing it for the betterment of mankind makes you a selfish person. They cannot conceive of reasons not to use power and so their only function becomes total control. Any position or office that they gain is immediately dedicated to the cause.

The functionalists and even many ordinary people see this behavior as frighteningly totalitarian. But the utopians view themselves as reformers, it never occurs to them that the era when they were reformers is long past, and that it is they who are in need of reform.

The New Deal, the New Frontier and the Great Society turned on the motor of social justice. And nothing has managed to shut it off. But we are approaching the point where its spending levels are becoming unsustainable. The debate is no longer philosophical or moral, but a simple question of economic survival.

The Utopian system is approaching a crunch point. Like every leftist experiment before it, its economic solipsism has put it on a collision course with reality. But the philosopher-czars are not about to take their feet off the gas pedal.

A political philosophy that claims to explain everything is like a blindfold. When everything is political, then there is no reality outside the definitions of dogma. Nothing to see “out there” that you cannot find in a politically approved text on the subject. The only way to recognize that something is wrong, is to poke your heads outside. And that is a blasphemous heresy.

So the utopians drive ahead immersed in a detailed subjective reality masquerading as objective reality. But the subjective reality is entirely of their creation. Every element of it, from the media to the economics to the grass roots organizations, is manipulated by them. And this reality appears to be absolutely perfect to them, until elements from the outside world intrude on it.

When those elements intrude, a race is on to explain their appearance in a politically correct manner. “The sky isn’t falling, it’s just a natural phenomena. Just as we predicted.”

The left fails at economics so often because there is so much theory to it, but also an inescapable reality. While they get lost building their castles of air in the upper stories, the reality of the marketplace inevitably catches up to them. Then like most utopians they are forced to realize that control is never total, that the human factor is individualistic and chaotic. That controlling the government, the press and even the clergy is not the same as absolute power.

The left exists only in two phases, as governments and anti-governments. The Nanny State and the anarchist. Both are two sides of the same coin. Either governments are completely just or completely unjust. The self-definition purely in terms of authority, as either for or against, makes it difficult for it to break with its own impulse toward power. And the absolutism is totalitarian in its irreconcilability and its primally dangerous ruthlessness.

Behind the Great Society rhetoric is that same polar dogmatism, the unwillingness to accept the morality of a democratic system that is not aimed at enforcing a just society on their terms. Any system that is not power mad must be unjust. A means of protecting the powerful from the redistributive wrath of the graduating class of Evergreen State College.

So the utopians cannot accept the functionalist notion of government as a means of conducting vital functions on behalf of the people, rather than the utopian tool of transforming the people into a great society with seven academic degrees for everyone and recycling at every curb. Such a system is not a moral one to them and they are duty bound to resist it. And the functionalists similarly cannot accept a system that deprives them of agency by overlaying its political code over every aspect of their lives.

But it is the utopians and their economic policies who have forced their own moment to its crisis. Had Obama not won, they would have been able to comfortably sit back and blame Bush era policies for the mess. But their will to power also undid them. It gave them so much power that they are choking on it. With predictable blindness they exploited the crisis for all it was worth and are now left holding the bag. And their policies are now at the center of the debate.

But deeper still is the question of the place of government in the political and economic life of the American. This moment is a wake up call for a country that has been willing to avoid looking too closely at the fine print of the social programs and the total cost of the national debt. And the real question that drifts out of the debates is not about spending cuts, but about the role of government.

The utopian conception of government is not only a freedom deficit, but a functional deficit. The former is obvious, but the latter is often less obvious. The left is often dinged for its controlling ways, but less often for its incompetence. The debt crisis is a moment to speak about the left’s philosophy of government as not only an assault on freedom, but the destruction of functional government. The public is more forgiving of tyrants, than they are of idiots. More tolerant of trespasses of power, than of foolish incompetence.

The social justice cocaine that the left is hooked on, and on which it has hooked the Democratic party, is an insidious corruption. And the dysfunctional Nanny State they have created is not only a devouring monster, but a failure at the essentials. At the edge of the new frontier, to look down is to see the iron carcasses of countless leftist trains and trams that have come this way before. And to look up is to behold a towering pile of debt that they cannot account for or resolve without dismantling the functional government and leaving behind nothing but debt creation and debt collection agencies.

The left has proven that it cannot run a functional government and that it is unable to govern from reality, than from their own little red books. The cliff’s edge is approaching. It’s time for a responsible driver at the wheel.

Junkies

Junkies

http://westernrifleshooters.blogspot.com/2009/04/junkies.html

Some readers know that I am a recovering alcoholic and drug addict. I have been extraordinarily blessed, having put down the booze in August, 1981 and being clean since April, 1982.

But recovery is a daily matter, and continued sobriety is a function of rigorous honesty about who I am and what I become when I use alcohol and/or drugs. In the first and last analysis — if I use drugs or drink booze, I will go straight back to where I was when I began my clawing journey into responsible life 28 years ago.

Nothing more, and nothing less.

I was thinking about addiction as I took mass transit home from tonight’s Atlanta Tea Party. On the surface, the event was very successful; speakers claimed more than 15,000 people in attendance, and that number made sense based on my ground-level estimates. Several presenters also stated there were more than 800 separate Tea Parties held across America today. While the majority of folks at the Atlanta gig were over forty, there was a significant sprinkling of older children, teens, and college students. Most people were white, although there were a few Asians, blacks, Hispanics, and other ethnicities mixed in the crowd.

As I stood listening to the speakers, I kept listening and looking around for any signs (literally and figuratively) that folks actually understood politics in Comrade Barry “We Won” Soetero’s America, circa 2009.

The closest I saw?

One woman I spotted on my way to the transit station holding a sign which simply said, “Peaceful Attempt”.

But if I gotten up on stage and said, “Do you understand that by demanding the elimination of socialism from this country — which you claim to want — you are implicitly and necessarily demanding the end of

- Social Security;
- Medicare;
- Medicaid;
- the new prescription drug benefit for geezers;
- Federal aid to local schools;
- the deductibility of mortgage interest;
- subsidized student loans; and
- a myriad of other government transfer payments?”,

Locust says, I would add selfish Americans to that list of what would end, because those who seem to believe that, they have a right to my money, are truly selfish indeed.

I would have been booed off the stage, at best.

And the Second Amendment?

Oh, no. Far too scary that topic, apparently, for the Tea Party organizers. Only two speakers mentioned gun rights, and let’s just say that those references were hardly Vanderboeghian.

Riding the MARTA train back to my parking garage, I realized where I had previously experienced the kind of cognitive dissonance I saw demonstrated en masse tonight by both speakers and attendees.

In a countless number of 12-step meetings, I had both attempted to alibi for myself and listened while others did the same about the realities and consequences of drug addiction:

“I wouldn’t drink, except for my lousy home life.”

“If you had my problems, you’d use drugs, too.”

“I don’t have a drinking problem. My spouse has the problem. I just drink to calm my nerves.”

Et cetera, et cetera, ad nauseum.

Only when I learned that my only real problem was my addictions, and that every other issue was a consequence of those addictions, did I begin to turn around my life. Only by disciplining myself to understand that as long as I thought like a junkie, I would continue to act like a junkie, was I able to put those issues behind me (at least so far today, as we say in the “one day at a time” business).

With all due respect to the organizers, speakers, and attendees of the various Tea Parties, I would offer this observation:

Only by understanding that the overwhelming majority of Americans have become almost hopelessly addicted to government intervention in their lives can we, as a society and as individuals, begin to get free and clean from that vice.

So long as any American’s position on the relationship between state and individual can be reduced to “Let’s just go back to the amount of socialism (and its necessary correlative theft from my fellow citizens) that I liked”, that American is just as deranged and just as pathetic as an alcoholic who, after a bad incident, vows to avoid hard liquor and only drink wine in the future.

Recovery is always possible, even for the most dissipated of addicts.

I know.

But recovery simply is impossible until the junkie gets honest with himself about what the real problem is and who is responsible for that problem.

Be honest, America.

The real problem is not the politicians. They’re just doing what a majority of your fellow citizens have directed them to do at the ballot box.

The real problem is the junkie’s mindset in most Americans — young, middle-aged, and senior varieities — that it is both possible and morally acceptable to get other people’s money for yourself via state-sponsored theft by taxation.

Until people understand that addiction, we’re doomed.

39 Things That Are Driving Ordinary Americans Absolutely Crazy

Locust says, its only the beginning.

 

Madness: 39 Things That Are

Driving Ordinary Americans

Absolutely Crazy

http://theeconomiccollapseblog.com/archives/madness-39-things-that-are-driving-ordinary-americans-absolutely-crazy

Have you noticed that almost everyone seems really angry these days?  Frustration with the government and with most of the other major institutions in our society seems to grow by the day.  According to a brand new ABC News/Washington Post poll, 80 percent of Americans say that they are either dissatisfied or angry with the government.  Americans are deeply divided about what the solutions to our problems are, but what almost everyone can agree on is that our problems are getting worse.  Watching all of the madness that is going on in Washington D.C. and in our state capitals is almost enough to drive anyone absolutely crazy.  Our nation is drowning in an ocean of debt, jobs are being shipped overseas at an alarming rate, thousands of stores are closing, poverty is exploding, greed has become a national pastime and corruption is seemingly everywhere.  The American people are incredibly frustrated because the vast majority of our “leaders” appear to be too incompetent or too corrupt to deal with our problems.

If you visit just about any website on the Internet that deals with politics or the economy and spend some time reading the comments that people leave you will quickly see how angry people are becoming.  A lot of times people have no other outlets for the intense frustration that they are feeling and so they just let it all come out online.  Yes, Americans have always complained about the government, but the madness that we are seeing today is really unprecedented in modern U.S. history.  Something has fundamentally changed.

The U.S. government and most of our other major societal institutions are rapidly losing the faith of the American people.  But society cannot function without trust.

So what is going to happen once all of the trust is gone?

The following are 39 things that are driving ordinary Americans absolutely crazy right now….

#1 According to Newsweek, close to one out of every five American men between the ages of 25 and 54 does not have a job at the moment.  So why is the “greatest economy on earth” unable to provide jobs for nearly 20 percent of the men that are in their prime working years?

#2 Last year, over a million homes were repossessed by financial institutions.  This year a similar number of repossessions is expected.  Sometimes these evictions are absolutely heartbreaking.  Just check out the following excerpt from a recent Newsweek article….

To understand American anger, that roiling storm sometimes dubbed our national “mood,” spend a day with Cook County Sheriff Tom Dart. Since 2006 the unlikely lawman—a tea drinker who listens to Bobby Kennedy speeches on his way to work—has overseen all foreclosures and evictions in the Chicago area, one of the hardest hit nationwide. The process does not always go well. One evictee shot himself in the head, remained conscious, and calmly tried to raise the pistol again as deputies battered the front door.

#3 Companies like Netflix and Chipotle are significantly raising prices.  Meanwhile, Ben Bernanke claims that there is hardly any inflation.  He must not go grocery shopping much.

#4 The government keeps telling us that the economy is improving, and yet more stores keep closing.  The Gap has announced that up to 200 stores will be closed over the next two years.  Perkins has announced that they will be closing 58 restaurants.  Borders has announced that they will be shutting down their remaining 399 stores and that 10,700 employees will lose their jobs.  Yes, the economy is really buzzing right now.

#5 Government services all over the nation are being cut back.  An atmosphere of austerity has descended on the entire country.  For example, Postmaster General Patrick Donahoe says that we may soon have to say goodbye to Saturday mail delivery.

#6 Many broke public school systems are now charging parents lots of money for things that used to be free.  The Wall Street Journal says that one family in Ohio has to shell out over $4,000 a year for basic school activities….

Budget shortfalls have prompted Medina Senior High to impose fees on students who enroll in many academic classes and extracurricular activities. The Dombis had to pay to register their children for basic courses such as Spanish I and Earth Sciences, to get them into graded electives such as band, and to allow them to run cross-country and track. The family’s total tab for a year of public education: $4,446.50.

#7 The Federal Reserve gets to give out tens of billions of dollars of nearly interest-free loans to their bankster friends while tens of millions of American families desperately try to survive an economic downturn that was caused by those same banksters.

#8 We have gotten ourselves into a position where we are in so much debt to China that we have to constantly be concerned about how they feel about our financial status.  Earlier this week, one top Chinese official urged the U.S. government to do something to boost confidence in the U.S. dollar and in U.S. government debt….

“We hope the U.S. government will take responsible policies and measures to boost global financial market confidence and respect and protect the interests of investors.”

#9 The national debt continues to spiral out of control and our politicians seem unwilling to do anything serious about it.  If you combine all sources of income, it is estimated that LeBron James makes about 42 million dollars a year.  If he continued to make money at that rate, it would take him 23,809 years to make a trillion dollars.  Yet our politicians see no problem with running trillion dollar deficits year after year.

#10 Unless our politicians do something dramatic, the federal government is headed straight toward financial hell.  It is being projected that the U.S. national debt will hit 344% of GDP by the year 2050 if we continue on our current course.

#11 It is not just the federal government that is broke.  Right now, there are a lot of state and local governments that are teetering on the brink of financial disaster.  Moody’s has announced that it will be reviewing, and possibly downgrading, the credit ratings of Maryland, New Mexico, South Carolina, Tennessee and Virginia.  The city of Harrisburg, Pennsylvania is such a financial mess that nobody really has any idea how to fix their problems.

#12 All over the United States, highways, water treatment plants, libraries, parking meters, airports and power plants are being sold off (much of the time to foreigners) in order to plug short-term holes in state and local budgets.

#13 The combination of federal government spending, state government spending and local government spending now accounts for a larger share of U.S. GDP than at any other time in our history.

#14 Police all over America have been shutting down lemonade stands run by little children.  At least one police chief in Wisconsin was good enough to apologize when it happened in his area.  It is too bad that there aren’t more police out there that have a little common sense.

#15 The U.S. housing crash shows no signs of abating.  Real estate construction is absolutely dead.  In fact, right now we are on track for the lowest number of total housing completions that the U.S. government has ever recorded in a single year.

#16 In June, sales of previously-owned homes in the United States declined to a seven month low.  Without good jobs, the American people cannot afford to buy homes.  Many of those that do have good incomes are being turned down by mortgage lenders.

#17 The supply of existing homes for sale continues to go up.  That means that it is going to get even harder for average Americans to sell their homes.

#18 The value of U.S. homes has fallen by a total of approximately 6.6 trillion dollars since the peak of the housing market.

#19 It isn’t just banks that are kicking people out of their homes.  All over the country, homeowners’ associations are aggressively using their powers to boot American families out on to the streets.

#20 Instead of being used by families, all over the country thousands of foreclosed homes are rapidly filling up with mold.

#21 Really bizarre thefts are being reported all over the United States right now.  For example, it was just reported that some crooks in Pennsylvania ripped up and hauled away about 100,000 pounds of train track.

#22 Authorities continue to insist that violent crime is going down, and yet the number of police officers killed by gunfire is on pace to easily set another all-time record for the second year in a row.

#23 One recent study found that approximately 47 percent of all meat and poultry in the United States “is contaminated with antibiotic-resistant Staph“.

#24 The health insurance companies keep jacking up rates on all of us, and yet they also continue to report record breaking profits.

#25 The Obama administration is now using “mystery shoppers” to spy on doctors.  The following is from a report in the New York Times….

Alarmed by a shortage of primary care doctors, Obama administration officials are recruiting a team of “mystery shoppers” to pose as patients, call doctors’ offices and request appointments to see how difficult it is for people to get care when they need it.

#26 Corruption appears to be rampant on every level of American society today.  For example, one NYU professor recently discovered that 20 percent of his students were blatantly cheating on assignments.

#27 Thanks to insane tax loopholes, a substantial percentage of the billions of dollars of income that hedge fund managers make is only taxed at a maximum rate of 15 percent.  Meanwhile, middle class American families are being absolutely hammered with taxes.

#28 The “too big to fail” banks now control 77 percent of all of the banking assets in the country.

#29 In 2010, the United States had the worst current account balance in the world.  The U.S. had a current account balance of negative 561 billion dollars for 2010.  No other nation had a negative current account balance that even exceeded 70 billion dollars.  The amount of wealth leaving our country and being transferred to the rest of the world is absolutely mind blowing.

#30 One recent poll found that 72 percent of Americans believe that we are involved in too many wars.  But the Obama administration seems to think that we should be “the police of the world” and they just keep getting the U.S. military involved in more conflicts.

#31 Startling revelations are starting to come out about a scandal so big that it could shake up Washington D.C. for years to come.  Apparently, ATF agents were ordered to get thousands of guns into the hands of the Mexican drug cartels and they were also apparently ordered not to follow those guns to see where they ended up.

#32 The top 5 percent of all income earners in America account for almost as much consumer spending as the bottom 80 percent of all income earners.

#33 The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.  But instead of being treated with kindness, many communities are treating the growing ranks of the poor as “outcasts” or criminals.

#34 Despite the promises of our politicians, globalism is absolutely shredding the American economy.  According to Forbes, the United States has been losing an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#35 There are no signs that our rampant unemployment problem is going to end any time soon.  In fact, right now it takes the average unemployed worker about 40 weeks to find a new job.

#36 The vast majority of U.S. consumers are tapped out at this point.  Just consider the following quote from the New York Times….

The auto industry is on pace to sell 28 percent fewer new vehicles this year than it did 10 years ago — and 10 years ago was 2001, when the country was in recession. Sales of ovens and stoves are on pace to be at their lowest level since 1992. Home sales over the past year have fallen back to their lowest point since the crisis began.

#37 Right now in Congress there is a proposal to change the way that inflation is calculated.  According to The Senior Citizens League, this change would cause the average retiree to lose out on $18,000 in Social Security benefits over a 25 year period.

#38 Our tax system is fundamentally unjust.  Just look at the example of General Electric.  G.E. is a favorite of the Obama administration and somehow they get away with not paying taxes year after year. Just check out what the New York Times claims G.E. got away with in 2010….

The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.

#39 The TSA continues to abuse U.S. travelers in some of the most bizarre ways imaginable.  For example, one 95-year-old grandmother in a wheelchair that is dying from cancer was asked to remove her adult diaper so that TSA “officials” could feel her up properly.  In what kind of a society does this type of thing go on?

No wonder the American people are losing faith.  It is hard to keep believing when you see rampant corruption and decay everywhere you look.

But mostly, the American people want to be able to take care of their families.

The American people are not going to start feeling better about things until there are plenty of good jobs to go around.  If people cannot pay their mortgages and provide for their families then they are not going to be content no matter what our politicians tell them.

Unfortunately, the “new normal” is going to be a lot different from what the “old normal” was.  The United States is a declining power.  Every month our nation is bleeding more jobs, more factories and more wealth.  Every month our debt problems on the federal, state and local levels get even worse.  We have been living far beyond our means for decades, and we are rapidly getting to the point where that simply will not be possible anymore.

The long-term trends that have gotten us to this point have taken decades to develop.  There is no “quick fix” that some politician is going to bring in that is going to create some kind of miracle.

We are now starting to pay the price for decades of bad decisions.  As the consequences of our decisions become more apparent, the American people are going to get angrier and angrier.

Unless something very dramatic happens, we are heading for a very ugly chapter in American history.

Let us hope for the best, but let us also prepare for the worst.

There Can Never Be Peace

There Can Never Be Peace

Obama hates you whitey, he hates the fact that he is half white, his people do not like you!

Listen to the video and come to the side of truth. We cannot help you if you will not consider the fact that there can be no peace.

Blacks Hate YOU:

Latinos Don’t Like YOU:

rense.com
Hispanic LeadersBrag AboutAnti-White Hate,Racism
4-13-6

“Go back to Boston!  Go back to Plymouth Rock, Pilgrims!   Get out!  We are the future.  You are old and tired.  Go on.  We have beaten you.  Leave like beaten rats.  You old white people.  It is your duty to die. Through love of having children, we are going to take over.” – Augustin Cebada, Brown Berets  
 
“They’re afraid we’re going to take over the governmental institutions and other institutions. They’re right.  We will take them over. We are here to stay.”  – Richard Alatorre, Los Angeles City Councilman
 
“We have an aging white America.  They are not making babies.   They are dying.  The explosion is in our population . . . I love it.   They are shitting in their pants with fear.  I love it!” — Professor Jose Angel Gutierrez, University of Texas  
 
“Remember 187–proposition to deny taxpayer funds for services to non-citizens–was the last gasp of white America in California.” — Art Torres, Chairman of the California Democratic Party
 
“We are politicizing every single one of these new citizens that are becoming citizens of this country . . . I gotta tell you that a lot of people are saying, ‘I’m going to go out there and vote because I want to pay them back.’” — Gloria Molina, Los Angeles County Supervisor
 
“California is going to be a Hispanic state.  Anyone who doesn’t like it should leave.” — Mario Obledo, California Coalition of Hispanic Organizations and California State Secretary of Health, Education and Welfare under Governor Jerry Brown, also awarded the Presidential Medal of Freedom by President Bill Clinton
 
 “We are practicing ‘La Reconquista’ in California.” — Jose Pescador Osuna, Mexican Consul General
 
“We need to avoid a white backlash by using codes understood by Latinos.” — Professor Fernando Guerra, Loyola Marymount University
 
“The American Southwest seems to be slowly returning to the jurisdiction of Mexico without firing a single shot.” — Excelsior, the national newspaper of Mexico  
 
Are these just the words of a few extremists?  Consider that we could fill up many pages with such quotes.  Also, consider that these are mainstream Mexican leaders.   THE U.S. VS MEXICO
 
On February 15, 1998, the U.S. and Mexican soccer teams met at the Los Angeles Coliseum.  The crowd was overwhelmingly pro-Mexican even though most lived in this country.  They booed during the National Anthem and U.S. flags were held upside down.  As the match progressed, supporters of the U.S. team were insulted, pelted with projectiles, punched and spat upon.  Beer and trash were thrown at the U.S. players before and after the match.  The coach of the U.S. team, Steve Sampson said, “This was the most painful experience I have ever had in this profession.”         
 
Did you know that immigrants from Mexico and other non-European countries can come to this country and get preferences in jobs, education, and government contracts?  It’s called affirmative action or racial privilege.  The Emperor of Japan or the President of Mexico could migrate here and immediately be eligible for special rights unavailable for Americans of European descent.  Recently, a vote was taken in the U.S. Congress to end this practice.  It was defeated.  Every single Democratic senator except Ernest Hollings voted to maintain special privileges for Hispanic, Asian and African immigrants.  They were joined by thirteen Republicans.  Bill Clinton and Al Gore have repeatedly stated that they believe that massive immigration from countries like Mexico is good.  They have also backed special privileges for these immigrants.        
 
 Corporate America has signed on to the idea that minorities and third world immigrants should get special, privileged status.  Some examples are Exxon, Texaco, Merrill Lynch, Boeing, Paine Weber, Starbucks and many more.         
 
DID YOU KNOW?
 
Did you know that Mexico regularly intercedes on the side of the defense in criminal cases involving Mexican nationals?  Did you know that Mexico has NEVER extradited a Mexican national accused of murder in the U.S. in spite of agreements to do so?  According to the L.A. Times, Orange County, California is home to 275 gangs with 17,000 members; 98% of which are Mexican and Asian.  How’s your county doing?         
 
According to a New York Times article dated May 19, 1994, 20 years after the great influx of legal immigrants from Southeast Asia, 30% are still on welfare compared to 8% of households nationwide.  A Wall Street Journal editorial dated December 5, 1994 quotes law enforcement officials as stating that Asian mobsters are the “greatest criminal challenge the country faces.”  Not bad for a group that is still under 5% of the population.         
 
Is education important to you?  Here are the words of a teacher who spent over 20 years in the Los Angeles School system.  “Imagine teachers in classes containing 30-40 students of widely varying attention spans and motivation, many of whom aren’t fluent in English. Educators seek learning materials likely to reach the majority of students and that means fewer words and math problems and more pictures and multicultural references.”         
 
WHEN I WAS YOUNG
 
When I was young, I remember hearing about the immigrants that came through  Ellis Island.  They wanted to learn English.  They wanted to breath free.  They wanted to become Americans.  Now too many immigrants come here with demands.  They demand to be taught in their own language.  They demand special privileges–affirmative action.  They demand ethnic studies that glorify their culture.         
 
HOW CAN YOU HELP?
 
Send copies of this letter to at least two other people, 100 would be even better.  Help us get the word out. 
 
Organizations working to save America -
 
http://www.NumbersUSA.com  http://www.carryingcapacity.org ; http://www.balance.org ; http://www.thewakeupamericafoundation.com.  Also, check out http://www.alipac.us at 1 866 329 3999; http://www.theamericanresistance.com ; http://www.ccir.net ; http://www.janhall.org/  ;   http://www.theByteShow.comhttp://www.vasquezforidaho.org ; http://www.projectusa.org ; http://www.borderguardians.org ; http://www.immigrationwatchcanada.com ;www.mothersagainstillegalaliens.org ; http://www.unitedpatriotsofamerica.com
This Government Hates YOU:
http://www.youtube.com/watch?v=tFabLp-Jcbg&feature=player_detailpage

The Path to National Suicide

(Current as of 7/6/2010)
The Path

to
National Suicide
 An Essay on Immigration and Multiculturalism

by Lawrence Auster

Table of Contents
A Word to the Reader 1
Introduction: Breaking the Silence 5
I. The 1965 Act: Its Intent, Its Consequences 10
II. The Meaning of Multiculturalism 27
III. On the Meaning of Racism 64
IV. Further Reflections on America’s Folly 76
V. What To Do 82
References 85
Index 91
About the Author 97

If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States

If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States

http://theeconomiccollapseblog.com/

For decades, the U.S. government has had a AAA rating.  On the scales used by the big three credit rating agencies, that is the highest credit rating that a government can get.  Moody’s scale actually uses lettering that is a little different from the other two big agencies (“Aaa” instead of  “AAA”), but you get the point. Right now, the U.S. government is closer than ever to losing its AAA rating.  The threat of a rating downgrade is going to continue to grow regardless of how the political theater that we are watching unfold in Washington D.C. plays out.   The truth is that the federal government has accumulated a debt that is so vast that it will never be paid back.  In fact, we are rapidly approaching the point when this debt will no longer be serviceable.  If the credit rating of the U.S. government is not slashed right now, it will be soon enough.  In fact, the truth is that the U.S. government is such a financial mess that it should have been done long ago.  But whenever the United States does lose its AAA rating, we could potentially see financial hell unleashed because it will also mean that there will almost certainly be a wave of credit rating downgrades from coast to coast.

As I have written about previously, government debt becomes more painful the higher that interest rates go.  When the big credit agencies downgrade the credit rating of a government, that is a signal to investors that they should ask for higher interest rates on debt issued by that government.

This does not always play out in practice (just look at Japan), but nations such as Greece, Portugal and Ireland sure are going through financial hell right now as they deal with reduced credit ratings and soaring interest rates.

Right now, the U.S. government is able to borrow gigantic quantities of money at ridiculously low interest rates. This is the primary reason why the debt disaster predicted by so many in the past has not arrived yet.

If the credit rating of the U.S. government is downgraded, it could finally get investors all over the world to realize that the game is over and that they should be demanding much higher returns on debt issued by the U.S. government.  The truth, as U.S. Representative Ron Paul put it recently, is that the U.S. government is already “insolvent” and at some point we are all going to have to face reality….

“Ultimately, the fundamentals show this country is bankrupt.”

So whether or not it happens right now, the truth is that at some point the credit rating of the U.S. government is going to go down and interest rates are going to go up.

Unfortunately, it appears that this might happen sooner rather than later.

Earlier this week, Moody’s Investors Service publicly announced that it would be reviewing our Aaa bond rating for a possible downgrade.

On Thursday, S&P actually went so far as to announce that there is a “50 percent chance” that it will downgrade the credit rating of the U.S. government within the next three months.

S&P has been warning of trouble for some time now.  Back on April 18th, Standard & Poor’s altered its outlook on U.S. government debt from “stable” to “negative” and warned that a downgrade was likely at some point soon if nothing changed.

If the credit rating of the U.S. government gets slashed and if that results in higher interest costs on the national debt, that is going to make it much harder to balance the budget.

The U.S. government will take in somewhere around 2.2 or 2.3 trillion dollars this year.  It will spend somewhere in the neighborhood of 3.5 or 3.6 trillion dollars this year.

Included in that spending is about 400 billion dollars that goes for interest on the national debt.

As I explained in a previous article, if our interest costs double or triple it is going to make it basically impossible to balance the budget under our current system.

If interest rates on U.S. government debt were to rise to moderate levels, we could soon be easily paying a trillion dollars a year just in interest on the national debt.

If interest rates on U.S. government debt were to rise to the levels that Greece, Portugal and Ireland are now facing, it would be beyond catastrophic.

But a reduced credit rating and higher interest rates would not just hurt the finances of the U.S. government.

Any financial institution that is linked to the U.S. government in any way would also probably be downgraded.

This fact was noted in the announcement put out by Moody’s this week….

In conjunction with this action, Moody’s has placed on review for possible downgrade the Aaa ratings of financial institutions directly linked to the government: Fannie Mae, Freddie Mac, the Federal Home Loan Banks, and the Federal Farm Credit Banks.

We have also placed on review for possible downgrade securities either guaranteed by, backed by collateral securities issued by, or otherwise directly linked to the government or the affected financial institutions.

Just think of the financial carnage that would cause.

Also, check out what one Bloomberg article had to say about the potential cascading effects of a credit rating downgrade for the U.S. government….

At least 7,000 top-rated municipal credits would have their ratings cut if the U.S. government loses its Aaa grade, Moody’s Investors Service said.

An “automatic” downgrade affecting $130 billion in municipal debt directly linked to the U.S. would occur if the federal level is reduced, Moody’s said yesterday in a report. Additionally, top-rated securities with no direct links to the national government will be reviewed for similar action.

But the nightmare would not end there.  The truth is that the credit ratings of large numbers of state and local governments from coast to coast would likely be reviewed and downgraded as well.  Right now, many state and local governments are scratching and clawing in a desperate attempt to survive financially, and a significant rise in interest costs would be enough to wipe many of them out.

The ripple effects of a U.S. government credit downgrade would be endless.

A lot of people argue that if the federal government ran a balanced budget from now on none of this would matter.

Unfortunately, that is not true.

At this point, a very high percentage of U.S. government debt is short-term debt.  That means that gigantic amounts of debt must be “rolled over” each year in addition to any new debt that we take on.  So even if interest rates rise significantly on just the existing debt that we have it is going to be a total nightmare.

And make no mistake, whether it happens now or later a collapse of U.S. government finances is coming.

David Murrin, the chief investment officer at Emergent Asset Management, recently told CNBC the following….

“It’s inevitable that the U.S. will default—it’s essentially an empire which is overextended and in decline—and that its financial system will go with it”

Right now it is being projected that the U.S. national debt will hit 344% of GDP by the year 2050 if we continue on our current course.  We are on a runaway train that is heading straight for a brick wall.

Europe is also a complete financial wreck.  The sovereign debt crisis over in the EU continues to grow worse by the day and there is no end in sight.

If the U.S. collapses, Europe is not strong enough to save it.  If Europe collapses, the U.S. is not strong enough to save it.

We really are entering an unprecedented time in world history.   We are on the verge of the first truly global financial disaster.

It is going to be interesting to see which major currency crashes and burns first.  Some think that it will be the euro.  Others think that it will be the dollar.

In any event, the reality is that the current global financial system is not sustainable.  The folks that are in charge can try to keep things together for as long as possible, but at some point the dominoes are going to start to fall and the house of cards is going to crash.

We have entered a time when there is going to be financial crisis after financial crisis.  Even if the EU and the U.S. government can somehow fix things for the moment, more problems are going to be just around the corner.

The world has become incredibly unstable and the entire globe is going to be shaken.  Most people cannot even conceive of the kind of financial hell that is coming our way as a nation.

Yes, it can be a bit sad to think about what is happening, but it is much better to be armed with the truth than to be totally clueless and totally unprepared.