Trump Supporters Tired Of D.C. Swamp Stir Up Talks Of New Political Party

The simple truth is that EVERY time TRUE conservatism is used, it wins. The Republican Party is NOT a true Conservative party anymore, and hasn’t been for a very long time. The establishment of the Republican Party is honestly only shades of gray different from the democrats they claim to be the alternative to.

We NEED a true conservative party, and now is the time. As long as we ran a forceful race, not being timid about getting the conservative message out, we COULD win. If we’re weak in fighting the battle, we’ll split the vote and hand power back to the anti-God, anti-American, baby-murdering, illegal immigrant catering, socialist/communist/Marxist democrats.

We must proceed carefully, wisely, and forcefully, but proceed we must.

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Bold Leadership Begets Bold Changes – Trump Supporters Tired Of D.C. Swamp Stir Up Talks Of New Political Party – enVolve
— Read on en-volve.com/2019/06/07/bold-leadership-begets-bold-changes-trump-supporters-tired-of-d-c-swamp-stir-up-talks-of-new-political-party/

Schumer and Pelosi Want to Hide From the Public

Nancy “Botox Bolshevik” Pelosi and Chuck Schemer were apoplectic that there were cameras present so the people could see and hear what they said.  They were BEGGING for the cameras to go away so they could threaten Trump in private.  They don’t want the American people to see full force what douchebags they are, and how they are betraying America.

As the president said, this is something called “transparency.”  Darkness can’t withstand the light, and doing these negotiations in full view of the public shines a LOT of light on the darkness that is the democrat party.

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The GOP Tax Plan Is More Democrat than Conservative

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The GOP, led by the lying Republicrats Paul Ryan and Mitch McConnell, are about to screw America with their tax plan, both in the short and long term.

The Republicans have a historic opportunity to dismantle the democrat, Marxist/socialist/communist agenda, setting it back at least a generation. They have the presidency, control of both houses of congress, 33 governorships, and have gained thousands of state level seats under the eight years of Obama. They have the ability and authority to institute a tax plan that is constitutional and conservative without a single democrat vote, but time after time they continue to cave to the democrats, screwing Americans in the process.

The GOP should be slashing taxes, preferably enacting something like a LOW FLAT TAX with NO deductions so that EVERYONE has a stake in our government. Instead, they are INCREASING the numbers of people who pay ZERO taxes, yet these people also consume the most in government resources, AND they get to vote to receive even more.

The GOP, if they are the conservative champions of the Constitution like they claim they are, would be slashing unconstitutional spending that would would make tax cuts very easy. They would also be dismantling government agencies wholesale. Close the Department of Education and return education to the states. Dismantle the Department of Energy that has done a grand total of nothing to ensure our energy independence while costing us hundreds of billions of dollars. With a FLAT TAX and zero deductions, and a ONE PAGE TAX CODE, there would no longer be a need for the IRS, whose sole reason for existence is to use the tax code as a weapon against citizens and political opponents.

The American citizen does not exist to give the government whatever it wants.

With a few exceptions, the GOP has effectively become the Republican wing of the democrat party. They do not fundamentally disagree with the democrats on the size, scope, and role of government. They just want to be the ones in charge of it. And every time Republicans gain a mandate from the conservative electorate, they squander it by caving into the democrats. We now effectively have one party rule in America.

This is something that elections won’t fix.

Murray/Ryan Plan Cuts EARNED Military Benefits While Not Touching UNEARNED Welfare

“Under the bill, federal agencies such as the Defense Department would avoid about $62 billion in automatic budget cuts, known as sequestration, over two years. It would be paid for in part by scaling back pensions for working-age military retirees. “This bill is a firm step in the right direction,” Rep. Paul Ryan.”

Here’s the deal. When it comes to government ‘benefits,’ there are EARNED benefits, and UNEARNED benefits. The military, and in this case ESPECIALLY the retirees, EARNED their benefits (and then some) by voluntarily sacrificing years of their lives, risking their lives, and giving up their health and families in some cases. They EARNED their benefits providing one of the FEW things the government is CONSTITUTIONALLY bound to provide, which is national defense.

Welfare recipients, those getting ‘free’ Obamaphones, those who riot when their EBT isn’t loaded on time, those who get back more in refunds and benefits than the taxes they pay in are receiving UNEARNED benefits. And you fools pretending to lead this nation start cutting where?

So, Paul Ryan, what you are telling me is the you, John Boehner, and all the other (R)epublicans who support this bill, that you support and value the dependent recipient over the provider. You support those who take and consume that which they did not earn and do not deserve over those who create, earn, and provide. You support those who are eroding this nation from within over those who defend it from external threats. Noted.

This bill DOES. NOT. CUT. SPENDING.  You are playing games.  It only cuts PROPOSED spending years down the road.  Here is what your plan does.  If you spent $75 million last year, and you PROPOSED to spend $100 million next year, but you actually spend $80 million, you are claiming to have ‘cut spending’ by $20 million when in fact you have INCREASED spending by $5 million.  And to make what you, the rest of the progressive (R)epublicans, and the democrats are doing even worse, you then claim that $20 million in fake savings is now available to spend on other things.  NO.  The only numbers that matter in this debate is the amount of money the government takes in, and the amount it spends, and the difference between the two. 

You beat your chest and proclaim that this bill cuts $2.3 billion per year over 10 years.  You do realize that the government is PRINTING on average $2.8 billion EVER SINGLE DAY, right?  And as you kick the can down the road, you are attempting to obligate future congresses to your plan, which as we’ve seen no congress EVER abides by.  Crap, this congress can’t even abide by the laws it signed LAST YEAR.  We’re sick and tired of these games.  You may be avoiding a partial government shutdown, but your hastening the ULTIMATE government shutdown and economic collapse by REFUSING to deal with the real problem, which is government spending and overreach.

We have identified you and those like you for who your really are, and we will not forget. You are the can-kicking sellouts contributing to the destruction of our nation. It may not be today, this week, or this year, but we will be rid of you.

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House Trims Pay Raises for Troops, Retirees

Dec 13, 2013

Military.com| by Brendan McGarry

The U.S. House of Representatives passed legislation Thursday that would reduce pay raises for troops and retirement benefits for veterans.

A day before adjourning for holiday recess, the Republican-controlled chamber voted 332-94 to approve the Bipartisan Budget Act. Under the bill, federal agencies such as the Defense Department would avoid about $62 billion in automatic budget cuts, known as sequestration, over two years.

It would be paid for in part by scaling back pensions for working-age military retirees.

Spending? What Spending?

The facts don’t lie.  Obama has 4 years of trillion-plus dollar deficits to his name.

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Obama’s Now Borrowed More Than All Presidents from Washington to W

By Terence P. Jeffrey
November 30, 2012

(CNSNews.com) – The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into the first term of President George W. Bush.

At the close of business on Jan. 20, 2009, when President Barack Obama was inaugurated, the national debt stood at $10,626,877,048,913.08, according to the Treasury. At the close of business this Thursday, it stood at $16,323,083,449,604.98.

That means the debt has increased $5,696,206,400,691.90 during Obama’s presidency.

Welfare government’s single largest budget item in FY 2011 at approx. $1.03 trillion

“The government spent approximately $1.03 trillion on 83 means-tested federal welfare programs in fiscal year 2011 alone — a price tag that makes welfare that year the government’s largest expenditure, according to new data released by the Republican side of the Senate Budget Committee…  The data excludes spending on Social Security, Medicare, means-tested health care for veterans without service-connected disabilities, and the means-tested veterans pension program…  The total federal spending on federal welfare programs vastly outpaced fiscal year 2011 spending on such federal expenditures as non-war defense ($540 billion), Social Security ($725 billion), Medicare ($480 billion), and departments such as Justice ($30.5 billion), Transportation ($77.3 billion) and Education ($65.486 billion)”

The unsustainable warp-speed expansion of the Obama welfare state continues unchecked.  We have already passed the point where the spending levels can be sustained by the number of people working and paying taxes.  The spending on welfare programs, and government spending in general, is increasing like a runaway nuclear reactor, and the pace at which people quit pulling the wagon and climb into it expecting a free ride is accelerating.  Pretty soon the few who remain straining at the bit to pull the wagon are going to quit pulling.  Then what? 

Atlas Shrugged?  Weimar Republic?  Greece?  Zimbabwe?

All of the above.
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Report: Welfare government’s single largest budget item in FY 2011 at approx. $1.03 trillion

Posted By Caroline May On 12:00 AM 10/18/2012 @ 12:00 AM In DC Exclusives – Original Reporting,DC Exclusives – Slideshow,Politics,RSS to email,Slideshow,Uncategorized

The government spent approximately $1.03 trillion on 83 means-tested federal welfare programs in fiscal year 2011 alone — a price tag that makes welfare that year the government’s largest expenditure, according to new data released by the Republican side of the Senate Budget Committee.

The total sum taxpayers spent on federal welfare programs was derived from a new Congressional Research Service (CRS) report on federal welfare spending — which topped out at $745.84 billion for fiscal year 2011 — combined with an analysis from the Republican Senate Budget Committee staff of state spending on federal welfare programs (based on “The Oxford Handbook of State and Local Government Finance”), which reached $282.7 billion in fiscal year 2011.

The data excludes spending on Social Security, Medicare, means-tested health care for veterans without service-connected disabilities, and the means-tested veterans pension program.

According to the CRS report, which focused solely on federal spending for federal welfare programs, spending on federal welfare programs increased $563.413 billion in fiscal year 2008 to $745.84 billion in fiscal year 2011 — a 32 percent increase.

You’ve Been Deceived – Pink Slip Obama

Progressivism Paving the Road to Communism in America

What do you know about the communist movement and what it hopes to accomplish in America?  Maybe you’ve heard of the 10 pillars of communism.  I’ll list them here, and some ideas of how much of each pillar has been completed.

1. Abolition of private property in land and application of all rents of land to public purposes.
   1. Nearing completion.  Liberalization of “eminent domain” and zoning regulations, Bureau of Land Management and Environmental Protection Agency oversteps of authority, and daily land/property seizures under RICO statutes.
2. A heavy progressive or graduated income tax.
   1. Done.
3. Abolition of all rights of inheritance.
   1. In progress.  Death/estate taxes.
4. Confiscation of the property of all emigrants and rebels.
   1. Nearing completion. We call it government seizures, tax liens, “forfeiture” Public “law” 99-570 (1986); Executive order 11490, sections 1205, 2002 which gives private land to the Department of Urban Development; the imprisonment of “terrorists” and those who speak out or write against the “government” (1997 Crime/Terrorist Bill); or the IRS confiscation of property without due process.
5. Centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.
   1. Done. The Federal Reserve System, created by the Federal Reserve Act of Congress in 1913, is indeed such a “national bank” and it politically manipulates interest rates and holds a monopoly on legal counterfeiting in the United States. This is exactly what Marx had in mind and completely fulfills this plank, another major socialist objective. Yet, most Americans naively believe the U.S. of A. is far from a Marxist or socialist nation.  Federal bailouts of large banks further extends government control of the banking industry.
6. Centralization of the means of communication and transport in the hands of the state.
   1. Nearly complete.  The Federal Communications Commission (FCC) regulates communication, and is making intrusive regulations to control internet and cell phone usage.  The government has also recently mandated that the release of information such as unemployment statistics will only happen on government controlled systems.  The Department of Transportation, the Interstate Commerce Commission, and the Federal Aviation Administration, various executive orders, and various state bureaucracies have a pretty tight grip on transportation, a grip which is tightening via further regulation and taxation. Don’t forget the federal postal monopoly, AMTRAK and CONRAIL — outright socialist (government-owned) enterprises.
7. Extension of factories and instruments of production owned by the state; the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.
   1. Almost complete. The many various federal agencies such as the Department of Agriculture, the Department of Commerce and Labor, Department of Interior, the Environmental Protection Agency, Bureau of Land Management, Bureau of Reclamation, Bureau of Mines, National Park Service, and the IRS control of nearly all business through corporate regulations.  By implementing regulations and laws that favor massive agri-business companies, they are driving small farmers off their land and centralizing control of food production.
8. Equal obligation of all to work. Establishment of industrial armies, especially for agriculture.
   1. In progress.  Government policies on debt, spending, inflation, and encouraging families to live beyond their means have over time necessitated the “two income family” to make ends meet.  At the same time “working” families are being forced to work harder, more people are being driven into government dependency.  At some point, the handouts will no longer be “free,” and if the dependent class wants to eat, they will be forced to work.
9. Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country.
   1. In progress.  Land use planning commissions, re-zoning laws, massive government subsidized agri-business farms.
10. Free education for all children in public schools. Abolition of children’s factory labor in its present form. Combination of education with industrial production, etc.
    1. Done.  The government has wrapped its tentacles around the public school system via the purse strings.  They mandate what will be taught and accepted, or they cut the funding.  As for  child labor, recent regulations are making it illegal for children to even work on a FAMILY FARM.

Whether or not you actually believe this or not, I encourage you to at least open your mind to the POSSIBILITY that it MIGHT be true, or at least have some merit.  Ask yourself what you can and should do in case it is true.

Schizophrenic Bernanke Trying to Save His Legacy

Isn’t it funny, in a Greek tragic comedy sort of way, how incompetent people in positions of power whose ideology and methodology fails utterly and completely can never seem to own up to their failures, or at least just fade away and let the process of cleaning up their mess get underway?

Such is the case with Fed Chairman Ben Bernanke, or Bernyankme if you prefer. Bernanke and all of the other liberal progressives keep trumpeting that things would have been much worse if we hadn’t spent hundreds of billions, and now trillions of dollars that we didn’t have, don’t have, and will never have. Yet they make these assertions with no real data to back them up. Just ‘feelings.’

In the first article below, Bernyankme is running around trying to salvage is legacy and convince everyone what a great job he did by spending trillions and monetizing our debt, but when confronted by a college student for concrete proof and even methodology behind his decision making on the bailouts, he can’t answer the questions. Then, in the 2nd article below, he says/admits that continuing the course that he played a major part in putting us on will lead us to total economic collapse a whole lot sooner than anyone is letting on. That’s the first really honest and competent thing I’ve ever heard him say.

I’ve said it before, and now even the Fed Chair agrees with me, we hurtling headlong into a repeat of the Weimar Republic economically, and socially if we do not RADICALLY and DRASTICALLY change course NOW. Not in 5 years, not in 10 years. We don’t have that long. If Washington doesn’t stop the deficit spending NOW, put us on a course to begin paying down our debt, get out of the way and let our economy take off, most of America has not the foggiest idea how bad things are going to get.

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MCKINLEY AND FITTON: Bernanke’s fairy tale recession story for kids

Records show Fed had no coherent strategy for bank bailouts

By Vern McKinley and Tom Fitton | Wednesday, April 11, 2012

It’s an oldie but a goodie for our Federal Reserve chairman. In one of his recent lectures at George Washington University (GWU), Ben S. Bernanke made the self-congratulatory assertion that the “forceful policy response” led by the Federal Reserve in 2008 helped avoid a more serious economic downturn.

34 Shocking Facts About U.S. Debt That Should Set America On Fire With Anger

We have been lied to, and our wealth has been stolen.  We have been enslaved to debt by our government.  We are in for a world of pain.  If we don’t wake up and get VERY angry, and soon, it will be too late to save the country.

We MUST make our government listen to us, and they MUST stop spending beyond OUR means.  How do we make the government adhere to the Constitution short of the 2nd Amendment failsafe?
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http://theeconomiccollapseblog.com/archives/34-shocking-facts-about-u-s-debt-that-should-set-america-on-fire-with-anger

We have all been lied to.  For decades, the leaders of both major political parties have promised us that they can fix our current system and that they can get our national debt under control.  As the 2012 election approaches, they are making all kinds of wild promises once again.  Well you know what?  It is all a giant sham.  The United States has gotten into so much debt that there will be no coming back from this.  The current system is irretrievably broken. 30 years ago the U.S. debt was a horrific crisis that was completely and totally out of control.  If we would have dealt with it back then maybe we could have done something about it.  But now it is 15 timeslarger, and we are adding more than a trillion dollars to the debt every single year. 

Big Government cannot pay its bills… Again

The democrats did not put forth a budget when they were in complete control because they knew they would have to run on that record in 2010. Since losing the house, the democrats in the senate have STILL refused to submit a budget, or vote on the one sent to them by the house. THEY ARE STILL IN CAMPAIGN MODE, and are trying to bypass and subvert the constitutional and legal processes in place in America at EVERY turn.

The democrats WILL NOT submit a budget, and they WILL NOT cut spending. These self-styled dictators are writing checks OUR BODIES can’t cash. How far do we let this go? Do we let them, and the liberal republicans, collapse the economy? Do we let them turn America into a police state, which is the next logical stop for this train? Is it nearing time to start speaking the words that civilized, taxpaying, law-abiding Americans fear the most?

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Article hyperlink http://www.conservativeactionalerts.com/2012/01/big-government-cannot-pay-its-bills-again/

Article Title

by Andrew P. Napolitano on January 6, 2012

Since Barack Obama became president on Jan. 20, 2009, the federal government has not had a budget. It did not have one for the first two years of his presidency, when Democrats controlled both houses of Congress, and it did not have one for 2011, when the Democrats controlled the Senate and the Republicans controlled the House.

The Senate — continuously under Democratic control during the entire Obama presidency — has not voted out and sent on to the House any annual budget since George W. Bush was president. The House sent a budget to the Senate a year ago, but the Senate rejected it and sent nothing back in return.

In the nearly three years that Obama has been in office, the government has been collecting revenue, borrowing cash and spending ravenously on the basis of what the government calls continuing resolutions (CRs).

When Congress enacts a CR, it basically authorizes the government to operate for a finite and brief period of time. The period of time does not coincide with the government’s fiscal year.

The federal government’s fiscal year runs from Oct. 1 to Sept. 30. Here we are at the beginning of a new calendar year, and your government does not have a budget for its fiscal year that began more than three months ago.

A National Debt Of $14 Trillion? Try $211 Trillion

This is the product of a government that has grown beyond its constitutional bounds.  Politicians who have not been held accountable have spent our money frivolously to the point we can NEVER meet the obligations to which they have committed us.  So, where do we go from here?  What do we do now?

First, we educate everyone on the problem and the consequences of not addressing it.  The hardest crowd to reach will be those who have grown dependent on government for their existence.  To convince these people that cutting the government apron strings will be necessary is going to be difficult. The consequences of failure mean the collapse of our economic system and government, and perhaps the rise of a government that will enslave us all to more than just taxes.

Second, while it is still possible to do so, we vote EVERYONE that doesn’t stick to the constitution and cut spending accordingly OUT. OF. OFFICE.  We elect people who will push for a constitutional convention for an amendment on term limits, and to ensure that every law passed by congress applies equally to ALL citizens, AND members of the house and senate, AND the president.  We may already be beyond the point that this will do us any good.  I hope not. 

Third, we prepare ourselves for tough times.  It doesn’t matter what we do at this point, times are going to get tough.  The only question is whether they get kind of tough now because we choose to get our house in order, whether they get exponentially worse later because we continue kicking the can down the road.  People need to be prepared to survive without government, and without the usual system to which we have become accustomed.  You may not be able to just go to the store anytime you want something.  You may have to do without, or produce it yourself or with the help of friends and neighbors.  You will need to be able to defend yourself, your family, and perhaps friends and neighbors against those who will undoubtedly seek to take what you have and harm you when the free and easy stuff goes away.

Last, but actually the most important, is you MUST have something to hope for, otherwise what reason do you have to keep on living?  I’m talking about faith.  I’m a Christian and unapologetically believe that Jesus is the Son of God, and that through my trust in Him I will get to heaven.  Without some sort of eternal hope, I can’t understand how anyone gets through most days on this earth in these crazy times.  And it’s only going to get worse.

Now is the time to choose sides.  You either believe in taking from others, or you believe in being responsible and in your abundance giving to others.  Good or evil.  The time is now.
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http://www.npr.org/2011/08/06/139027615/a-national-debt-of-14-trillion-try-211-trillion?sc=tw&cc=share

by NPR Staff

August 6, 2011

When Standard & Poor’s reduced the nation’s credit rating from AAA to AA-plus, the United States suffered the first downgrade to its credit rating ever. S&P took this action despite the plan Congress passed this past week to raise the debt limit.

The downgrade, S&P said, “reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics.”

It’s those medium- and long-term debt problems that also worry economics professor Laurence J. Kotlikoff, who served as a senior economist on President Reagan’s Council of Economic Advisers. He says the national debt, which the U.S. Treasury has accounted at about $14 trillion, is just the tip of the iceberg.

“We have all these unofficial debts that are massive compared to the official debt,” Kotlikoff tells David Greene, guest host of weekends on All Things Considered. “We’re focused just on the official debt, so we’re trying to balance the wrong books.”

US economy has never been on the road to recovery, says Paul Krugman

In cases like this, I normally just smile smugly and go on about my business. However, in this case I’ll indulge myself and say those 4 little words that I usually leave unspoken.

I. TOLD. YOU. SO.
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http://economictimes.indiatimes.com/news/international-business/recession-us-economy-has-never-been-on-the-road-to-recovery-says-paul-krugman/articleshow/9490804.cms?curpg=1

5 Aug, 2011, 01.35PM IST, Paul Krugman,New York Times

In case you had any doubts, Thursday’s more than 500-point plunge in the Dow Jones industrial average and the drop in interest rates to near-record lows confirmed it: The economy isn’t recovering, and Washington has been worrying about the wrong things.

It’s not just that the threat of a double-dip recession has become very real. It’s now impossible to deny the obvious, which is that we are not now and have never been on the road to recovery.

US Expecting Credit Downgrade

The government knew this was coming. Hindsight being 20/20, it’s starting to look more and more like they WANTED it to happen. It’s not like it was any big secret that the debt ceiling was coming up, especially after the government started spending $1.6 trillion more per year than it took in. Yet what did they do? They (both democrats and republicans) ignored the problem, kept on spending, and waited until there was a “crisis” not to let go to waste, they scared the people with lies (especially about Social Security and defense), and rushed another crappy piece of legislation through that does nothing by screw the American people… AGAIN. The ink wasn’t even dry on the agreement on how to further increase the indebtedness of the American people when the Fed borrowed $238 billion MORE dollars, raising our debt to 100% of GDP for the 1st time since 1947. Does the debt deal cut spending? Only if your definition of “cutting spending” is to spend only 90% more than you make. The deal ADDS $7 TRILLION to the debt over the next decade. So, let’s get a few things straight.

• Our credit rating is going down, so the cost of EVERYTHING you buy is going up.
• There are no REAL spending cuts.
• The debt will NOT decrease, but will increase by over $7 TRILLION.
• There is NO economic recovery occurring.
• Massive inflation, though not acknowledged by the Obama administration, is ALREADY occurring, and is about to get much, much worse.
• Unemployment IS NOT getting better.
• There is no “double-dip” recession, because the 1st recession NEVER ENDED. It has only gotten worse, as the illustrious Nobel Prize winning, Obama-water-carrying Mr. Krugman took only 2 years to figure out.  http://economictimes.indiatimes.com/news/international-business/recession-us-economy-has-never-been-on-the-road-to-recovery-says-paul-krugman/articleshow/9490804.cms?curpg=2

The list of things we’ve been lied to about just goes on, and on, and on. I don’t know about you, but I’m beyond sick and tired of being lied to. So, what do we do? I’d say finish preparing yourself and your family, hunker down, and wait for the right opportunity to serve your country. Life isn’t going to get easier from here on out. It’s very likely that our children are going to inherit a nation that looks much as it did in the late 1930’s. At this point, I think the best we can hope for is to stop the destruction and lay a foundation for our children to build upon. Don’t shield them from hard times, but rather let them share in them so they understand what must be done to save this nation. +

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http://blogs.abcnews.com/politicalpunch/2011/08/govt-official-us-expecting-sp-downgrade.html

Govt official: US expecting S&P downgrade

August 05, 2011 4:51 PM A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value. Officials reasons given will be the political confusion surrounding the process of raising the debt ceiling, and lack of confidence that the political system will be able to agree to more deficit reduction. A source says Republicans saying that they refuse to accept any tax increases as part of a larger deal will be part of the reason cited.

10 signs the double-dip recession has begun

Double-dip begun? Really? For that to be true, the FIRST recession would have to have ended, and the signs of that having occurred would seem to be missing.

Nonetheless, whether it’s a new recession, or just an acceleration of the first, things aren’t getting better, and all the deficit spending in the world isn’t going to change that. Without a return to historically proven and sound economic principals (i.e. NOT Keynesian liberal/progressive/communist/socialist drivel), this ‘recession‘ WILL turn into a depression, and potentially an economic collapse.
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http://www.msnbc.msn.com/id/43946055/ns/business-us_business/#

By Douglas A. McIntyre
updated 7/31/2011 1:53:54 PM ET

Friday’s news on GDP shows the double dip has arrived — an expansion of only 1.3 percent and consumer spending up 0.1 percent in the second quarter. Astonishingly low by any account. The debt ceiling trouble and lack of a longer term resolution to the deficit will make it worse.

The U.S. has entered a second recession. It may not be as bad as the first. Economists say that the Great Recession began in December 2007 and lasted until July 2009. That may be the way that the economy was seen through the eyes of experts, but many Americans do not believe that the 2008-2009 downturn ever ended. A Gallup poll released in April found that 29 percent of those queried thought the economy was in a “depression” and 26 percent said that the original recession had persisted into 2011.