Reaching the Limit

Bookmark and Share

Here’s some important questions to consider in light of the news of soaring US debt in 2009:

Question No. 1:  What happens when our de facto fascist government can no longer finance its operations by incurring more debt?

More specifically:

Question No. 2: What happens when they can no longer finance its ongoing wars of aggression in Iraq and Afghanistan?

Question No. 3: What happens when they can no longer finance the operation of its war machine, i.e. the American military?

Question No. 4: What happens when they cannot afford to maintain hundreds of military bases all over the world?

Question No. 5: What happens when they cannot financially support the huge military/industrial complex because it can no longer finance hundreds of new weapon systems?

Question No. 6: What happens when they cannot finance Obama’s version of “The New Deal” to jump start the American economy?

Question No. 7: What happens when they cannot finance Social Security, Medicare, Medicaid and other social safety nets designed to keep the working class from revolting against the  fascist state?

The list of questions could go on and on.

The point of these questions is this.  The American economic system, and the entire political power structure is a towering house of cards that has been kept functioning by incurring ever more debt.

What happens if and when it is impossible to finance the operation of the economic system, and the political power structure, by incurring more debt?




Click Here to Comment on this Post



Related posts:

  1. Gun control, the biggest non-issue in 2008
    Point No. One: The anti-gun crowd is starting to pound on its...
  2. Stimulation by Government
    The great failing of the Obama administration is that it is packed...
  3. Too Big to Fail
    At least twenty oversized American banks have histories of reckless behavior, including...
  4. More of the Same?
    This is what I hear when as I listen to Barack Obama...
  5. The Looming Crisis at the Pentagon
    Given our economic crisis, the estimated trillion dollars we spend each year...