Do you ever wonder what a truly epic failure looks like? We are talking about a disaster of biblical proportions. To find one, look no further than across the ocean. Europe is sinking faster than the Titanic. We cannot stop their sinking but we still have time to learn from it.
From the Financial Times:
At the end of a briefly euphoric week, reality caught up.
On one level, Friday’s news was not really surprising. The French rating downgrade was a shock foretold. As was the breakdown in talks between private investors and the Greek government about a voluntary participation in a debt writedown. A proposition that was unrealistic to start with has been rejected. We should not feign surprise.
And yet both events are important because they show us the mechanism behind this year’s likely unfolding of events. The eurozone has fallen into a spiral of downgrades, falling economic output, rising debt and further downgrades. A recession has just started. Greece is now likely to default on most of its debts and may even have to leave the eurozone. When that happens, the spotlight will fall immediately on Portugal, and the next contagious round of downgrades will begin.
There is a word that keeps floating around all of these discussions. A word that warns us of the danger ahead. What could that be?
Oh it is DEBT.
That is right. This is a DEBT CRISIS. They have it in Europe and one is coming to America. Why?
Because our politicians are stupid!
Or perhaps insane is a better word. Every nation in Europe has tried what Barack Obama is pushing America to do. That is spend more money than we have and then borrow to cover the expenses.
Every nation that has tried this has failed. This is almost as predictable as the sun rising in the East. How many failures do we need to watch before even the brain dead leaders we have in Washington can figure this out?
Thanks to the Republican leadership, Barack Obama has the unfettered discretion to borrow even more money. When is this going to stop?
If someone takes a running leap off of a tall building, it is a pretty good indication they want to kill themselves. When leaders of this country see all of the warning signs of what uncontrolled spending and borrowing will do to a nation, they either want the specific end result that will come or they are simply too stupid to be in any position of authority.
Either way, in 2012, they must go.
Permalink Reply by Kristin Fecteau on no one is that stupid. Can everyone please admit now that there is an INTENTIONAL desire to crash America's economy, and not fix it?
Permalink Reply by Judson Phillips on I don't know. I do subscribe to H.L. Menken's dicta that says, 'never attribute to malice that which can adequately be explained by human stupidity!"
Permalink Reply by Max Bleiweiss on Maybe it should be the other way around
Permalink Reply by Thomas Angle on With all due respect I ask this question, but, are you serious.
Judson,
Or, "Never underestimate the power of human stupidity."
Robert A. Heinlein
Permalink Reply by Doug Nicholson on I grok!
Permalink Reply by Edmund Goodwin on Judson, in my humble opinion it is not stupidity. In fact, to ascribe "stupidity" to what is happening hinders our cause and helps the communist's cause. It is the same hobble and blindfold as is being Politically Correct.
The global financial collapse is the ultimate tool to restart George Soro's "New Vorld Ohduh" as a single, all-powerful, no-borders, uni-government of communist elites.
Go re-visit the Fabian Society's stained glass window...
Permalink Reply by Rick Carbone on I think you are correct. He isn't that stupid. I think he knows exactly what he's doing. We had better get our act together sooner than later or I'm afraid that we will be talking about the same issues for the next four years as well!
Permalink Reply by Evelyn Montalvo on I agree. This is "decline by design." It was orchestrated from the beginning..no accident and certainly not due to stupidity. I do believe, however that there is a puppet-master behind Obama. This groundwork had been laid long before he arrived on the scene. BHO was simply the vessel with which this bitter poison was to be delivered.
Permalink Reply by Max Bleiweiss on Hate to us the word "conspiracy". But that's what it is, a conspiracy of leftists.
Permalink Reply by Larry W. Emory on Kristin,
If you believe this, it becomes necessary to realize that there also must be a plan to take over the country; a coup to be blunt. Why else would they be trying to crash the economy, unless it is to take control of it?
Permalink Reply by Thomas Angle on You are right.
© 2013 Created by Judson Phillips.
