Paints an Apocalyptic Picture to the
Detriment of Americans
By Richard McPherson
More and more it seems obvious Harry Reid, Nancy Pelosi and
Barrack Hussein Obama have done nothing more over the past
then just resorting to an age-old strategy of politicians:
an apocalyptic picture of the world so that the public longs
for a savior -- and then present you as being just that
This has been the plan since 2008 to get Democrats reelected
The three of them conspired with others to drive up the
federal debt by more that $5 trillion over the past few years.
Reid, Nancy Pelosi and Barrack Hussein Obama conspired to prevent
the United States Senate from passing a budget for well over
1,000 days since early 2009. That allows them to spend at will.
All the while knowing that over $0.41 out of every $1.00 they
spend is more interest bearing debt placed on the backs of current
and future generations of American citizens.
In 2009, first came
the supposed $860 stimulus package from Harry Reid, Nancy Pelosi
and Barrack Hussein Obama. It was billed as
a direct $860 billion infusion into the economy for job growth.
That was misleading the majority of the funds did not go to stimulate
job growth. It went to state and local governments to help reduce
current debt to get their politicians onboard to promote more
government control of American citizens. The results we now know
created very few private sector jobs. In fact some analysts have
calculated we need 15 million more Americans employed today just
to get us back to where we were when Harry Reid and Nancy Pelosi
took over the US Congress in 2007, when they began paving the
way for Barrack Hussein Obama to be elected in 2008.
spending by Harry Reid, Nancy Pelosi and Barrack Hussein Obama
caused America to lose its AAA rating. That in
turn caused investors to either shy away from investing in American
treasuries or to not invest in them at all unless they pay a
higher interest rate. The result has been something over $0.41
out of every $1.00 that Harry Reid, Nancy Pelosi and Barrack
Hussein Obama caused to be spent was more interest bearing debt.
Every time Nancy Pelosi or Barrack Hussein Obama jumps in their
taxpayer provided jet along with the contingents of Secret Service
and other support it creates at least another $0.41 out of every
$1.00 they spend as new interest bearing debt for American citizens
Based on the 2010 U.S. budget, total US national debt
was forecasted to nearly double in dollar terms between 2008
and 2015 and grow
to nearly 100% of GDP (it has already passed 100% ? 3 years ahead
of a forecast), versus a level of approximately 80% in early
2009. Multiple government sources including the current and previous
presidents, the Government Accounting Office (GAO), the Treasury
Department, and Congressional Budget Office (CBO) have said that
America is on an unsustainable fiscal path.
The U.S. government
is obligated under current law to mandatory payments (unfunded
obligations) for programs such as Medicare,
Medicaid and Social Security. The present value of these deficits
or unfunded obligations is an estimated $45.8 trillion. This
is the amount that would have to be set aside during 2009 (they
did not set the money aside in 2009, 2010, 2011, or 2012) so
that the principal and interest would pay for the unfunded obligations
through 2084. Approximately $7.7 trillion relates to Social Security,
while $38.2 trillion relates to Medicare and Medicaid. In other
words, health care programs will require nearly five times the
level of funding than Social Security. Adding this to the national
debt and other federal obligations would bring total obligations
to nearly $62 trillion. Those unfunded obligations are not counted
in the national debt.
How does the US Congress expect American
citizens will pay off $62 trillion in current debt with new
interest accruing each
day? Have you asked your Congressman or Senator what their plan
is to pay off the debt they have placed on you and each member
of your family’s future? What does that current $62 trillion
mean we each owe?
As I write this the population of the United
States is 313,310,031. http://www.census.gov/population/www/popclockus.html
a simple math problem dividing the population into the debt.
The amount our representatives elected to serve our
best interests over the past 40 plus years is a debt (plus daily
accruing interest) is $197,887.
That simple math means every
single citizen of the U.S. starts out today shouldering the
burden of $197,887 in debt imposed
by our Congress.
The only way we can possibly carry that burden
is with jobs – high
paying jobs that produce products and create a lot of value for
our country and the world. And it will require millions of such
jobs in order to keep up with debt, as well as millions more
to eliminate the debt. Every day American citizens are denied
the opportunity for participating in private sector financing
creating job growth for Americans is a lost opportunity only
made possible by more-and-more bad public policy (regulations).
The per capita federal obligation of $197,887 does not take into
account the current debt or unfunded liabilities of our States
(50), Counties (3,000) and Cities (30,000). Just look at your
Property tax Bills. The average home in America lost perhaps
40% of its value over the past 5 years since Harry Reid and
Nancy Pelosi took over the US Congress in 2007. Yet the counties
not lowered Property Tax Bills by 40%. The trend nationwide
by all government entities is to increase taxes, fees and fines
to pay for the additional government imposed by the ever increasing
regulations from Harry Reid, Nancy Pelosi and Barrack Hussein
American citizens are forced to pay for 18,000 law enforcement
organizations. Ask yourself: Why have our borders not been
secured from illegal drugs, human trafficking and aliens?
Why are sanctuary cities allowed to operate where international
gangs orchestrate illegal drugs, human trafficking and aliens
spreading to every part of America? Ask yourself: How many
illegal aliens have voted in past elections and will vote
in the 2012