In the Land of the Free, the government has spent years… decades… engaged in the most wasteful folly, from trillion dollar wars, to multi-trillion dollar bank bailouts, to a multi-billion dollar, Obama horn tooting website.
US debt just hit $19 trillion a few days ago. And it’s only going higher.
It took the US 232 years to accumulate 10 trillion dollars of debt.
Obama has added another 9 trillion dollars of debt in 7 years!
We can already see the government’s financial desperation.
Over the years, the government has effectively levied a ‘forced loan’ totaling more than $2.6 trillion on the so-called Social Security Trust Fund, whose ultimate beneficiaries are the taxpayers of the United States.
Bottom line, they’re ‘borrowing’ YOUR money.
Last year the Obama administration stole more from Americans through ‘Civil Asset Forfeiture’ than all the thieves in the United States combined.
In December, the US government confiscated $19.3 billion from the Federal Reserve, which, by the way, was already very thinly capitalized.
Even if you want to believe the propaganda, it’s clear that these are not the actions of a healthy, solvent government that embraces liberty and freedom.
In fact, the Obama administration published over 80,000 pages of new laws, bills, regulations, and executive orders last year. Just this morning they published another 308 pages.
It’s impossible for anyone to keep up with all of these rules. And yet each can carry civil and criminal penalties, fines, and jail time, including a fine now for not having health insurance.
As Mark Twain used to say, history may not repeat, but it certainly rhymes.
Financially insolvent tyrannical governments do not simply go gently into the night.
They don’t suddenly turn over a new leaf and start embracing economic freedom.
Instead, they get worse. More desperate. More destructive.
Should we honestly believe that they can continue racking up more debt than has ever existed in the history of the world without any consequences?
This is madness. At some point, fiscal reality always catches up. Maybe not at $19 trillion. Maybe not even at $20 trillion.
Maybe it takes 3 months. Or 3 years. But somewhere out there is a straw that can break the camel’s back. And that has serious consequences.
Never forget that if something is predictable, then it’s also preventable.
And facing such obvious trends, it makes all the sense in the world to take some simple, rational steps to put together your own Plan B.
Maybe even something as crazy as this…