Friday, August 31, 2018

When the Bubble Breaks, We're Broke

When the Bubble Breaks, We're Broke - zerohedge.com

Excerpt from this article:

"And we get to keep the Endless wars (tm), trillion-dollar elephant F-3, and lal the other goodies - we can afford it all because we're rich! we're only rich until the bubbles pop, which they will. All speculative bubbles deflate, even those that are presumed permanent. And when the current everything bubble pops, net worth and all the taxes generated by bubble-era capital gains- vanish."
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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."  (Source)

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)

Recommended website:

U.S. National Debt Clock - usdebtclock.org

Recommended podcast and sermon:

Repugnant National Debt, by Rev. Harold Miller [Note: This sermon was preached in 2011 when the U.S. National Debt was $14.5 Trillion. As of March 2018, the U.S. National Debt has exceeded $21 Trillion]

Recommended reading:

Your Incredible Shrinking Dollar - lewrockwell.com
Republican Senator: 'Nobody Cares About Spending' wnd.com

How I Found Christ?

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