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The Fiscal Abyss

Home - by - December 12, 2012 - 14:30 America/New_York - 6 Comments

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  1. Slippery

    December 12th, 2012

    We as a nation are just whistling past the graveyard. It may take quite a while for it to finally happen, but eventually the piper will demand to be paid.

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  2. Menderman

    December 12th, 2012

    and no where in the “negotiations” is anybody talking about cutting spending.

    The Bald Eagle has been replaced by this:

    http://www.ostrichheadinsand.com/images/ostrich-head-in-sand.jpg

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  3. Tabby

    December 12th, 2012

    Yes! That’s how I put it too; “It’s a giant ponzi scheme”! –And it is! Bernanke is KILLING our dollar!! Every nation in history that’s done this crap has rendered their dollar useless. If we were to get through this without a collapse of our monetary value, we’d be the first & only nation to do so. America is turning into one giant version of Zimbabwe!

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  4. Stirrin the B.S.

    December 12th, 2012

    Ann Barnhardt has an eight part video presentation on this subject – and more – it aint gonna be pretty.

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  5. old_oaks

    December 12th, 2012

    What’s most frightening, we’re teetering with disaster that can explode at any time. The Fed’s actions are all basically an experiment and nobody, not even Ben is certain of the outcome. Oblamer in turn just might get his crown of jewels if he’s able to take advantage of the fallout. Some speculate oil sand and fracking will allow him to force himself upon the people for a 3rd or even 4th term. This is because he saves the people through heavy regulation of the new found massive resource which peaks in line with economic disaster.

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  6. Tim

    December 12th, 2012

    “… nobody … is certain of the outcome.”

    I beg to differ. Rampant Socialism, transportation bailouts, mandatory insurance purchases, inflating the currency, unions joined to political parties, demonization of profit, political party hacks taken from the international banks, taxation by dictat, zero percent loans and investments – in ALL happened back in the 1930s.

    It lead to war, famine, pestilence, and death – on a global scale.

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