Greatest Ponzi Scam Ever Committed On American Soil

You may have thought Bernie Madoff was pretty incredible… however, America, it’s time to wake up and swallow a big dry spoonful of “I told you so”. (Please refer to my posts over the past few years). Obama, the team he establish and their lack if fiscal responsibility has exacerbated and compounded this recession to now what will be called the “Greater Recession”.  Anyone with two brain cells and a synaptic bridge connecting the two has seen this coming since Obama took office. Inexperience is NOT an excuse for the financial burden placed on our shoulders and the shoulders of our posterity.

If you were to define a Ponzi Scam as “Stealing from Peter to pay Paul” our posterity has been bamboozled in the amount of Trillions and Trillions of dollars (as of this post $14.3 Trillion) to pay for current entitlement programs instead of realizing that it’s not possible and as a country living within our means. And of course this isn’t the worst of it, like any other consumer debt the calculated interest (if we make our payments on time) is more than 5 times the original amount (currently $75.7 Trillion).

I feel like I’ve been shouting this from the rooftops for years now. You think I’m exaggerating? The numbers really are so astronomical that most people cannot wrap their heads around it. I really do believe the American people should take a stance, file suit against Obama and his team of cohorts, lock these guys up and let future politicians that this is NOT OKAY.

The following came through my inbox recently regarding the debt ceiling increase and debt negotiations to stop our disastrous spiral which lead to our nation’s economy ration to be downgraded. This simply drops a several zeros so that the trouble we are in is easier to comprehend:

"If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand." – Source not cited

Glenn Becks “The Inconvenient Debt” doesn’t look too crazy anymore does it?

Ladies and gentleman, now is NOT the time to have a liberal in office.  We have greater things to worry about then all the fluff that over-developed societies begin to deem important, namely keeping roofs over our head and food on the table. The bottom line is we just can’t afford them right now.  If we want a CHANCE to get things turned around, I strongly implore you to vote Mitt Romney into office. Don’t be distracted by the immature political games of people knocking his beliefs.  We are financially broken and need to get fixed. Get a business man in office so that he can take care of business.

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