Friday, September 26, 2008

Remember Ronald Reagan?

"By 1960 our national debt stood at $284 billion. ... Today the debt is $934 billion. ... We can leave our children with an unrepayable massive debt and a shattered economy."
- Ronald Reagan, February 5, 1981, two weeks after taking office.

What does this mean in today's terms since the debt is now over $10 Trillion?

Ronnie spent more (and grew the government more) than any administration since WW II. Then Bush Sr. demanded war with Iraq. Iraq back then. Are you serious? Iraq now. No, they're still backwoods, so to speak. Gotta love the dirt houses those threats to America live in!

The debt grew to 3 trillion by the time Clinton took office. Clinton was paying it back and even had budget surpluses.

Then Bush Jr. happened.

Now if $934 billion is unrepayable, and this out of the mouth of "The Great Communicator", what are we supposed to think of $10 Trillion plus?

A new national debt clock has to be installed on Wall Street because it doesn't have enough digits for tens of trillions. Most of this money is going to the war effort. Do you feel any safer? Do you feel it's reasonable to bankrupt the country to go chasing ghosts through the dessert? Keep in mind that SOMEONE is getting rich off of all this. The money doesn't just disappear.

Larry Silverstein certainly profited. Don't know who he is? He's the owner of the World Trade Center. Man did the insurance industry lose on that one! Halliburton sure made a lot! Wow! The whole of the defense industry? It's nothing but riches, bitches.

Have you been getting your money printed out of thin are stimulus checks? Money printed out of thin air and given to everyone. That can't hurt the economy and cause inflation to run rampant. Nor can incredibly, artificially low interest rates. While the money is false and free lets totally deregulate the credit card industry and allow sub-prime, predatory lending. As a final touch let's kill any hope of viable, functional, realizable today forms of alternative energy and replace them with dangling carrots like "hydrogen cells" and "next generation batteries". Don't worry, these nice pills will make you feel better about all of it.

Capitalism can be a blessing. So can nuclear power. When in the wrong hands it can be a force to be reckoned with, and in the wrong hands it can become something else: Fascism.

Two more things:
The government is selling our missile defense system to the United Arab Emirates for $7 Billion. Seems kinda low. <--(i mean low in many ways)

Blagojevich is selling the illinois lottery to private interests. Where does all the bullshit end? Next time around vote for the strongest competitor to Rod. Next time around vote for the strongest competitor to Daley. Next time around we can change the world.