Friday, December 13, 2013

Military pensions on the chopping block

Uh-oh !!! The military might have to give up some of their pensions:

http://www.politico.com/story/2013/12/budget-negotiators-looking-at-military-pensions-100847.html

Using Generally Accepted Accounting Principles, the annual increase in our national debt is $5-7 trillion. The total federal debt is $85+ trillion, which is 5.5 times 2012 GDP. Some say it is more like $100 trillion. There is no tax increase/decrease and no budget cut that would be able to save us from the mess our economy is in, and things are being made much worse by the Federal Reserve Bank's monetization of this debt (a.k.a. printing more fiat currency).

Fact: Historically, the average lifespan of a fiat currency is 40 years. The current Federal Reserve Note turns that age this year (2013).

Fact: Prior to the infamous Weimar hyperinflation, Germany's currency base doubled with no corresponding inflation. Then suddenly hyperinflation took off. Prices rocketed by 20 billion times, doubling almost every 24 hours.

[Facts borrowed from Gold Wars by Kelly Mitchell.]

What Congress and Obama ad-Dajjal are doing is similar to rearranging deck chairs on the Titanic just before the ship plunges to the bottom. They can't even make minor cuts without arguing. What will they do if the entire system starts collapsing?

Maybe this is why they are stocking up not with food, but with MRAPs, pepper spray, assault rifles, hollow point bullets, and body bags.

Obama ad-Dajjal is "really good at killing people". Other than lying, is he good at anything else?

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