Will the United States go Bankrupt?

Good day all, I have a question for you. Do you think the United States of America, after nearly 80 years of out of control spending, will default on its debts?

This is a very scary thought. For nearly a century the United States has been the economic engine that not only powered the world, but on several occasions, saved it from tyranny. Now, we have a debt of at least $14 TRILLION dollars and no real way to pay it off. Additionally, we have somewhere between $60-$100 TRILLION dollars in unfunded liabilities.

How the Hell did this happen?

The simple answer is, too many politicians put themselves and their parties ahead of the nation. They wanted to buy votes so they could maintain their power and perks. By far it was the Democrats who liked spending other people’s money and did it with great gusto. The Republicans weren’t much better, but in the last 30 years they began to move more to the constitutionally mandated spending needs. However, even they would pass incredibly stupid spending bills in order to garner votes.

Now, this isn’t to say that government spending is all bad. Certainly, no one with more then three functioning brain cells, (Which removes all Liberals from consideration), thinks that defense spending is a waste of money.

Yes, there are programs and projects in the defense budget that are a waste of time, money and resources but in general new planes, ships and other things that go boom and remove our enemies from this plane of existence are good things to have. It’s also one of the constitutional jobs of the Federal Government. An argument can also be made that roads and bridges are also a federal constitutional responsibility under the Post Roads section of the Constitution. (The mail must go through)

However, there is a lot of money that is being spent in an unconstitutional manner. These are called Transfer Payments, and in a nutshell, the politicians steal the money from those who earn it and hand it out to those who sit around watching Oprah, drinking malt liquor and getting stoned.

This accounts for easily 80% of the money spent these days. Democrats love to “Tax the rich!” because they have a deep seated feeling of guilt. They think it’s unfair that some people have a lot of money and others don’t. Of course, the money they like to tax and spend comes from actual producers. You know, people who have jobs or run businesses that create jobs. Liberals love to indulge in their Robin Hood complex. They also like the fact they can control people and run their lives for them. After all, all the money belongs to the government and they have the right to disburse it as they see fit.

The one major problem with all this, is eventually the money runs out. Right now, around 50% of the people in the United States pay no taxes to the Federal Government. These people only collect money. A large percentage of these drones have never worked a day in their lives. They literally think that other people owe them a living. They demand everything be handed to them. The professional politicians, afraid that they might actually have to go out and work for a living, take my hard earned money and hand it over to these useless drones so that they will continue to vote for the pols who gave them money.

I believe this is called “Vote Buying” and I was under the impression it was illegal. HAH!

Well, critical mass has been reached. There isn’t any more money left and the producers have had enough. In November 2012 they sent a very loud message to the political elite that they wanted all this crap stopped and the budget balanced.

Did the Professional Political Class listen?

Nope.

Obama, in response to this, sent up another budget that was even more out of balanced than the last one. (Passed over 2 years ago) His and the other Liberals and RINO’s answer is to just raise taxes even higher. However, their normal response to fiscal problems ran into a small roadblock called The American People. They have said flat out that they will not pay any more money to the corrupt regime in Washington. They have put the Republican Party on notice that they want the budget balanced and spending cut deeply.

A fair number of the Republicans have gotten the message. A few have not. The odds are. Most of those Republicans who haven’t “Gotten it” will have a primary challenge in the next election cycle and probably be voted out.

Now as to the Liberals and Democrats, (But I repeat myself), in Congress. They most assuredly have NOT gotten the message. In fact they think that anyone who opposes them is evil and wants to starve children, pull the wings off butterflies and drown puppies. They do not believe that the United States is broke and continue to spend money like a drunken sailor.

Well not like a drunken sailor. When they run out of money, they stop spending.

What is happening now is the crisis point has been reached. The Federal government hasn’t passed a budget in over 2 YEARS! This also happens to be the time the Democrats controlled all aspects of the Federal Government. They would just pass one continuing resolution after the other while their minions at the Federal Reserve cranked up the printing presses.

Then came November 2010 and the massacre of the Democrats. People had had enough and turned out not just Democrats but also Republicans who were known to “Cross the aisle” as it were and help out the Democrats. Nancy Pelosi was demoted from Speaker of the house to has been status overnight. She did maintain her Stupid Witch of the West title.

Because it was late in the year, there really wasn’t time to put out a budget. The Republicans did anyway but Dingy Harry Reid had it shot down. Then came more continuing resolutions, but with a small difference. The Republicans managed to force some real cuts. No where near what they wanted or what was needed, (and in fact they got rolled on one set of “cuts”) but it was a start.

Then Rep Paul Ryan came out with a budget that had real cuts in it. The Liberal Progressive Democrats, (There I go again, repeating myself), instantly attacked it with their usual lies, deceits and slanders. I don’t claim that Ryan’s plan is perfect, but it’s a good starting point.

In a few weeks the United States will hit the point where we can’t borrow any more money. The reason is simple. Legally, Congress must vote to raise the debt ceiling before the treasury is allowed to borrow more money. The Democrats plan is to use this to force the Republicans into a massive tax hike. They are claiming that the United States will go into default. At that point the Full Faith and Credit of the United States will be worthless.

Now here is the big lie that the Democrats and their minions in the MSM won’t tell you. If the debt ceiling isn’t hiked, all it means is we can’t borrow money. The treasury is still getting in money to the tune of $2 TRILLION dollars, more than enough to pay the interest on our debts. As anyone knows who’s gotten in over their heads with credit cards, as long as you make the minimum monthly payment, the debt collectors will leave you alone.

We have sufficient cash to pay the interest along with critical services. You know, things like paying the military, basic payments for Social Security and a few other things. However, it looks like the Obama and the Democrats intend to punish America for daring to demand they actually do their jobs. There is a rumor that letters have been prepared to go out to the military and SSI recipients stating that they will not be paid until the debt limit has been increased.

Now there’s some good thinking on the part of Obama. As any nation in history knows, the first ones you pay are the people with the guns. Even in the last days of Rome, the emperors knew enough to pay the legionnaires. They didn’t want to get a Gladius in the guts which is what would have happened had they stiffed the troops.

The next thing they will do is stop paying for any medical care under medicaid and medicare. In what passes for their minds, the Republicans and Tea Party will fold under the demands of the troops and Granny’s children. They will say that the Republicans and the Tea Party hates the troops and want people to starve or die of illness. They are going to make sure anyone who stands against them is punished.

In the case of a fair number of RINO’s this will work. They are cowards who don’t want to lose their sinecures and the privileges that go with being a member of Congress. There’s just one small problem with this cunning plan of the Democrats. The taxpayers have had enough. If the Republicans fold and cave into Obama’s threats, they will be removed from office.

The people are so angry and frightened at what’s happening, they may not wait for the next election. The Democrats seemed to have missed the fact that gun and ammo sales have not decreased in volume since the 2010 election. Anecdotal evidence indicate that sales are continuing to climb.

In other words, the old saying “The guns are going to come out of the closet” no longer applies. They ARE OUT OF THE CLOSET ALREADY!

People are looking at what’s happening in Greece and the rest of Europe and they know that it’s going to happen here if we don’t get a handle on the spending. They are willing to take major cuts in social spending and want a number of agencies closed or severely curtailed. They want the regulations that have helped wreck the economy repealed.

Experts are saying that the economy is going to get a lot worse this year. Unemployment is going up and the number of people who can’t find a job has reached close to depression levels. Of course, Obama and the Democrats won’t tell you that. Hey! McDonald’s just hired 50,000 hamburger flippers at minimum wage! See, things are getting better!

And if you believe that, I have a bridge in a swamp I’d like to sell you.

So, what do you think? Will the debt level be increased and if not, will the United States default on it’s debt?

Vote in the polls and let people know what you think.

~The Angry Webmaster~

(2 votes, average: 1.00 out of 5)

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