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This short video – on the unsustainability of government spending – should be
watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom. Anyone that cannot understand this presentation should not be allowed out without a guardian.
So says Monty Pelerin (www.economicnoise.com) in edited excerpts from his original post*.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.
Pelerin goes on to say, in part:
Most people have no idea of the unsustainability of government spending. The path which the government blindly follows ensures a complete and total collapse of the U.S.. What has happened in Greece (and things will get much worse there) is exactly what will occur in the U.S.. A complete and total economic collapse is inevitable.
The reasons for this ending and its inevitability are explained in this short (5 minute) presentation by Hal Mason in an email that has been circulating [and has already been viewed by 1,322,,729 people worldwide]. The simplicity of his presentation allows understanding for even the economically illiterate. Simple arithmetic is sufficient to understand the impossibility of our current path and our inevitable ending.
Take Note:
It’s the numbers, Stupid and the people who elect the corrupt, self-serving politicians in Washington who continue down this road to destruction.
Editor’s Note: The above article may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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I just saw this comment posted on another Blog:
I think this describes the current State of the Our Nation:
The Congress is (mostly) owned by the Ultra Wealthy.
The SCOTUS is now in the pocket of the Ultra Wealthy.
The President is accepting BIG donations from the Ultra Wealthy.
The Fed is in total support of the Ultra Wealthy.
The MSM is owned by the Ultra Wealthy.
The US Dollar is owned by the Ultra Wealthy.
More of America, than ever before, is OWNED by the Ultra Wealthy.
Just finished RED ALERT, which explains how the Chinese are buying up all the important resources while the USA and most other Countries (Except Germany) just keep importing everything as if our resources will never “PEAK”. The raw materials to go green will mostly be owned by China very soon and while they are building out their infrastructure what will all the other Countries do when the need the same materials?
Anyone know what $10 or $15 a gallon gasoline would do to the American economy?
More signs of future “problems” in the USA:
The Social Security Administration Is Buying 174,000 High-Powered Rounds Of Ammunition
Read more: http://www.businessinsider.com/why-does-the-social-security-administration-need-174000-rounds-of-ammunition-2012-8#ixzz23kEN3myy
snip
First the DHS needed 450 million rounds of ammunition, then the NOAA requested 46,000 rounds, now we’ve discovered an online request at FBO.Gov calling for 174,000 rounds of ammunition for the Social Security Administration (SSA).
The request actually calls for 174K .357 hollow points that arguably have as much stopping power as any bullet out there, and hollow points do as much damage to soft tissue as possible on top of that.
Great video, hopefully the 1.3 million viewers will all share it with everyone they know ASAP. I hope Hal Mason decides to add additional videos and especially what folks can do to position themselves for the future…
Maybe this is why all the Ultra Wealthy have their money in “off shore” accounts; that way they can transfer their money to another Country while the rest of US have our accounts frozen by the Fed…