The Budget Battle: What’s at Stake

I know most people aren’t paying attention at all to the current debate over the federal government budget, simply because they are clueless as to what’s at stake.  They have lived their lives in relative comfort, all their basic needs being met just by working a steady job, taking out a few loans when they want something they don’t have the cash for, and just relying on the wise politicians to keep everything going.

Those days are over.

Let me be more blunt.  Your standard of living has just peaked sometime in the past 5 years.  For the rest of your life, you will not have as much “stuff” as you have now.

Watch this cute video about where we’ve been and where we’re going:

It’s really not that complicated.  The federal government spends a WHOLE LOT more than it actually takes in.  Regardless of all the naysaying you hear from the media and politicians, almost ALL government spending is simply giving money or free stuff to people.  A LOT of people.  But as the spending gets bigger and bigger every year and the money brought in stays almost the same (mostly because of the recession), we are approaching a breaking point.

This CANNOT go on forever.  It’s like renting an apartment that costs twice as much as your actual monthly take-home pay.  Since you can’t afford it, you just put the rest on credit cards.  You pay only the minimums every month and just apply for more credit cards.  Every couple of months you get a new card, max it out, and add its monthly minimum payment to your big stack of bills.  Eventually, you will reach a point when, even while paying only the minimums, your monthly credit card bills are bigger than your paycheck.  Credit card companies will want their money, and they will get it, one way or another.  You can only refinance so many times.  The banks will want their money back.  You can’t go on stealing from them forever.  Game over.  You lose.

Now at the federal government level, this problem is a lot bigger with much more dire consequences.  You see, most of this debt isn’t held by credit card companies with sensitive PR departments.  It’s held by foreign countries.  With militaries.  And no sense of humor.

When the government reaches a point that it can no longer pay back the trillions of dollars that it has borrowed from China, what do you think is going to happen?  You think they can just print more and China will take it as payment?  Not likely.  If they just print more, the money becomes worthless.  China gave us the trillions of dollars back when the dollar could buy 2 apples.  They are NOT going to take the same trillions of dollars back when it takes 5 dollars to buy one apple.  No way, no how.

Instead China will demand the apples, not the money that can’t buy apples anymore.  Or maybe some money from another country that still has the ability to buy apples.  They aren’t likely to “negotiate” either.  That’s a lot of apples.  And they have a lot of mouths to feed.  And they don’t have a sense of humor.  This is where their military comes in.  They will use it to demand what’s due to them.   And the ENTIRE WORLD will back them.  You can’t just take money from somebody, promise to give it back, then only give back a little bit of it and expect them to go away happy.

And that’s only the half of it.

Remember all that money the government has been borrowing from China to give away to the American people or to buy stuff to give to the American people?  Well, when China figures out our government can’t pay them back anymore, they’re going to stop loaning the USA the money.  No money = no freebies to the American people.  And that’s a LOT of American people that are going to stop getting their freebies.  And, of course, the biggest problem here is that they have been receiving their freebies for so long and they have been given so many promises by politicians, they believe they have earned these freebies and have a right to them.  Just like in Greece, when you take away peoples’ free stuff, they get very, very, very angry.

And nobody will be there to bail us out.  I promise you.

Because of the nature of financial dealings, both of these problems – China and the pissed-off entitled Americans – are going to occur at roughly the same time, with horrible consequences.

1) China will launch a large-scale war and invade the United States.

2) The entitled Americans will ignite a civil war.

These two things are inevitable.  And they will happen within the next thirty years.

There is one, EXACTLY 1…let me repeat, there is ONLY ONE way to prevent the destruction of the United States.  There are NO OTHER FEASIBLE SOLUTIONS:

We must reduce the size of the federal government to LESS THAN ONE-THIRD of its current size.

There is absolutely no other way.  I don’t care about all the lies you hear in the media.  There is no other way.  Your country will cease to exist within 30 years and tens of millions of people will die if this doesn’t happen.