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In August, Peter Schiff, economic adviser to Ron Paul’s 2008 presidential campaign, said he thinks the economic implosion will occur during the next administration. He has no faith in Obama and little in Romney to turn things around.
In September, according to official figures, the national debt surpassed $16 trillion. In reality, it is much higher – well over $200 trillion when unfunded liabilities from Medicare and Social Security are thrown into the mix.
“Let’s get real. The U.S. is bankrupt,” writes Boston University economic professor Laurence Kotlikoff.
Due to the astronomical debt and profligate spending by largely unaccountable professional political careerists in Washington, “what we have to look forward to is a very bleak future,” writes Michael Snyder. “Even if we totally scrapped our current monetary system and repudiated the debt, the transition would be ‘rocky’ at best and we would not enjoy anything close to the standard of living that we are enjoying today.”
As for war, a Romney win in November will ensure the re-installment of the Bush-era neocons and a speedy timeline for war in the Middle East, particularly against Syria and sooner before later Iran.
Because the election is a couple of weeks away, Romney’s saying there’s no need to attack Iran in response to its imaginary nuclear weapons program. His foreign policy advisers, on the other hand, are neocons who have repeatedly called for taking out Iran.
More frightening, Romney is close friends with Israel’s ardent Likudnik, Benjamin Netanyahu, and Mitt has stated that they “almost speak in shorthand.”
Martin S. Indyk, a United States ambassador to Israel in the Clinton administration, told the New York Times that Romney would “subcontract Middle East policy to Israel,” i.e., the U.S. will attack Israel’s enemies during the reign of Mitt.
In other words, if Romney wins we can expect an attack on Iran that would certainly compound the above mentioned economic problems.
Following Obama’s lackluster performance during the last presidential debate, his administration trotted out what can be described as “Iran Attack Light,” a plan to use “surgical strikes” against the country in lieu of an all-out attack.
Foreign Policy CEO and editor at large David Rothkopf, a former Clintonite, “reported that the White House and Israeli officials ‘assert that the two sides, behind the scenes, have come closer together in their views [regarding Iran] in recent days,’” according to the Jerusalem Post.
Bizarrely, the establishment media continues to pretend there is a widening chasm of difference between Obama and Romney. In fact, they both present the same economic and foreign policy goals, which are, of course, not their goals but those of the global elite.
The establishment media does its part by playing up minor differences in style between the two and uses a trusty false left-right paradigm to distract weary voters and excite indoctrinated loyalists.
Originally posted by Krazysh0t
reply to post by moniesisfun
Well if you combine what we are seeing in Europe, particularly Greece and Spain, with what is going on here it is easy to infer the likely scale to which this collapse is going to be. It will be unprecedented. We may even be sent back socially to the middle ages.
Mass war may not be feasible currently, but what do you think will happen when a majority of the people in the western world are unable to feed their families? They will riot and revolt.
The first people they will look for are going to be the rich elite that put them into this situation. However the elite aren't dumb as soon as the collapse happens they will hightail it out of the country to safer shores.
Now with no one left to direct their anger towards, the rioters will turn on each other and will tear each other apart. We will be facing death and destruction on a scale of which we have never seen before.
Now all we need to make the situation worse is that a country such as China or Russia sees us as finally weak and decides to pay us back for our overextended military presence around the world.
What's unnerving the most for me is that this sounds like the plot of some wild fiction book, however it is most likely all going to happen. I'll withhold judgement on the whole China/Russia thing I just said because that is just a theory in my head, but the other stuff is highly likely to happen.
Originally posted by Krazysh0t
reply to post by moniesisfun
You know I am getting tired of you calling me a kid or assuming things about my opinion like putting words in my mouth about the NWO in my first two posts. I'm trying to have an intelligent conversation with you, haven't resorted to any insults, and yet you keep resorting to belittling me every time you post. Until you offer up an apology and act like the adult that you are trying to position yourself as, I am done talking to you.edit on 16-10-2012 by Krazysh0t because: (no reason given)
Originally posted by Krazysh0t
reply to post by newcovenant
So you think I should tolerate being talked down to all for the sake of keeling my thread alive? Sorry I don't like to put up with that nonsense. Didn't liks it it high school, hated when it happened in the army, and I really hate it when politicians do it. So what makes you think I'd put up with it here? I don't care about stars and flags. I appreciate them when received. But I value getting my message out more and understand that not everyone will agree with mebut I want to have my opinion respected just as much as I respect your desire to disagree. Also I'm an adult and want to be treated as such. It's not like I'm using text talk, I'm trying to use good grammar but sometimes I'm using my cell phone to post and mistakes happen. If this means that my thread has to die then so be it. You have to be able to stand up for your principals.
Now back on topic. You mention how we are used to falling and getting back up. This is true, humanity's past is filled with these events. However I'd like to bring to your attention the fall of the Western Roman Empire in 1000 ad. It took humanity over 400 years to start to climb out of that intellectual black hole. So while I think that in the long run we should be fine (unless we annihilate ourselves with nuclear weapons) I'd rather not wait half a millennium to come out better. The collapse we are looking at could be even worse than this one since it could potentially effect the whole world. We should really take notice of what our leaders are doing and actually start objecting to it louder than ever
Originally posted by Krazysh0t
reply to post by newcovenant
Well let's start with the problem of our MASSIVE debt that is about to collapse our economy with its shear weight. Here is a link that someone messaged me U2U (I'm going to keep his name annonymous because he doesn't want to talk about politics at this point) that shows a good visualization of some of the major countries in the world's debt. Visualize the Debt
At the bottom of the page are more good visuals of different debt and money scenarios. I suggest also looking at the the Fed's QE3 visualization and bottomless pit as well.edit on 17-10-2012 by Krazysh0t because: (no reason given)edit on 17-10-2012 by Krazysh0t because: (no reason given)