Monday, July 18, 2016

Venezula's Inflatioon is Set to Top 1600% Next Year

Venezuela's Inflation is Set to Top 1600% Next Year - marketwatch.com

Excerpt from this article:

"Food shortages, weak oil prices and economic mismanagement has forced the government to declare a state of emergency..."

--------------------------------------------- 

 One of the reasons we don't have 1600% inflation in America is because we have not run out of the ability to borrow (and print!) money! Someone once wrote:


"A democracy cannot exist as a permanent form of government. It can only exist until the majority discover it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship and then  a monarchy." (Source)

And talk show host and constitutional scholar Mark Levin has said:

"You should view these politicians with the deepest contempt you can possibly imagine.  What they are doing to this country, what they are doing to our finances - there is not a criminal in any federal prison, state prison, city or county jail with respect to financial crimes of any sort who collectively could have done the kind of damage that Barack Obama and Harry Reid and Nancy Pelosi and yes, willing, timid, gutless Republicans have done to this country! To your future, to your children and your grandchildren. What they are doing is with malice and with forethought." (emphasis mine) (source)

And Sarah Palin has said that America will eventually default on its debt and claims that the federal government is “stockpiling bullets in case of civil unrest'” ... (Sarah Palin: Feds Stockpiling Bullets to Use Against Us - politico.com)

Recommended reading:

123,000 Venezuelans Cross Border into Columbia - truthrevolt.org
Debt Under Obama Up $8,000,000,000 - cnsnews.com
America wastes About Half the Food it Produces While Hunger Runs Rampant Around the Globe
Greenspan: U.S. "Way Underestimating" The National Debt - pjmedia.com
Florida Gov. On Gov't Medicaid Expansion; 'Trillion Dollar Deficits -- Would You Do Business With Them?' - cnsnews.com
National Debt Soars Over $18 Trillion - truthrevolt.org
Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama - zerohedge.com
Nancy Pelosi: I'm All for Balancing the Budget...in a Few Decades!" - michellemalkin.com
The $17 Trillion Dollar Party - theeconomiccollapseblog.com
University of California Study: National Debt Really $70 Trillion  - thenewamerica.com 
Explaining the Obama Economy to 6th Graders
Doom: Naked Came I Into This World, And Naked Shall I Leave It - ace.mu.nu

How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)