Why Is President Obama Bankrupting The United States?

Why Is President Obama Bankrupting America?

By Delwyn Lounsbury - THE DEFLATION GURU

To President Obama bankrupting America fits into his plan to grow the size of government and thus make more people dependent on the state. Once his ObamaCare, amnesty to aliens and anti-business job-destroying massive tax increases take effect America will be bankrupt financially, morally, culturally and spiritually.

Obama's first Chief of Staff was Rahm Emanuel (he resigned 10/1/2010 to run for Mayor of Chicago). In addition to having an abrasive personality and a foul mouth, he will probably be remembered most for saying, "A crisis is a terrible thing to waste." A crisis gives a reason for existence and a savior mentality to all the leftist bureaucrats, politicians, agencies, workers and organizations. A chance to, "Do things that they normally could not do," is what Rahm Emanuel later told a liberal audience at a speaking engagement.

The deflation economy nosedive leading into the GREATER DEPRESSION is the crown jewel of a crisis. What a stroke of luck having control of both houses of Congress. Obama and the Democrats can pass whatever legislation they want. They pass laws with out even reading them or writing them for that matter. They vote for anything as long as it grows the size and scope of government. This is socialism run amok.
 
President Obama bankrupting America with socialist wealth redistribution, increased taxes, meddling and Marxism are terrible mistakes. But, that is his plan - to bring our country down so a one-world-government/new-world-order can take over. This smacks of fascism also. Fascism is when government totally controls everything - especially business and the military. Hitler and Mussolini were fascists. In fact, Hitler's government was called the NATIONAL SOCIALIST GERMAN WORKERS' PARTY.

A new book, ROOTS OF OBAMA'S RAGE, by Dinesh D'Souza maintains President Obama has an anticolonialist agenda attributable to his alcoholic African socialist father Barack Obama Senior. Barack Obama Junior's self-written autobiography is even titled DREAMS FROM MY FATHER. So, don't tell me otherwise.

According to D'Souza, Obama Senior hated Britain and the other nations of the West (U.S. included) for invading, pillaging, looting and occupying the third world countries like his native country Kenya. Obama Junior wants federal oversight of all aspects of American business and plans to tax and regulate them for ripping off the rest of the worlds resources. The dreams of Obama Sr. are fast becoming our nightmare.

Business has caught on to the fact that he is out to get them. Businesses are so uncertain and afraid that they have slowed down expanding, hiring, borrowing, leasing, lending and buying. Obamanomics has cost taxpayers one trillion dollars plus now another $600 billion in QE2 stimulus. Still unemployment is close to 10 percent. 41 million Americans are receiving food stamps. That figure is up a whopping 45 percent since Obama took office in 2008. What a great way to make the jobless GREATER DEPRESSION worse-increase the budget deficit with no end in site, scare the pants off business people and put everyone else on the dole.

ObamaCare is a prime example. It means government will be suddenly taking over one sixth of a free market economy. When has government involvement not made things more inefficient, more costly and with worse service and more red tape? Rationing will have to happen. Provisions of the 3,500+ page act require businesses to file a separate IRS code 1099 for each and every transaction over $600 and levy a new 3.8 percent tax on gains on real estate investment after 2012 plus the hiring of an additional 16,000 IRS agents. More job killing rules, taxes and red tape. Just look at the U.S. postal system or state DMV if you want to know what I mean. Now, the Obama administration is letting many groups like the teachers union opt-out of the system. Weren't they the ones paying for the ads in favor of nationalized heath care?  Wasn't the idea to get as much of the population covered as possible?  They why are the President and his administration staff, both houses of congress and the military not required to join the ObamaCare plan.

So, the reason President Obama is bankrupting the United States, according to Dinesh D'Souza, is to get America to return ill gotten gains. Obama wants to raise taxes on the rich. He is forcing the big corporations back into line with mountains of federal over site, regulations, and reams of new laws, wealth redistribution and burdensome increased taxes. Unfortunately, Juniors anticolonialist thinking also means lowering our standard of living, being sympathetic to muslim (freedom fighters), reducing nuclear defenses by 2/3, not blocking Iran's nuclear ambitions, bowing to foreign dignitaries, killing jobs and anything else that will get America wraped up around the axle. He wants a weaker  U.S. economy so government can get more control. Also, don't think for a minute that your taxes will not go up.  We will all have to pay more to support those that will be getting a free ride thanks to Barack Hussein Obama. 
 
We ought to change our country's name to the UNITED STATES OF DENIAL.

Why did it take so long to plug the Gulf oil well? Obama wanted it to last. Don't forget President Obama bankrupting the US is his mission in life. The whole country is laying down like an old dog while he continues to work to pass all kinds of programs to hurt the oil industry, halt new oil drilling, make carbon dioxide a toxic green house gas and pass cap-and-trade taxes. His new rules and restrictions will absolutely slay jobs. These are a smokescreen for more one-world-government and more taking of our FREEDOM. At the beginning of the spill other countries offered to loan us their oil skimmer boats. He delayed giving a presidential OK to suspend the Brown Act for months. This meant not allowing the foreign oil cleanup boats to leave port and help with our problem.  The Brown Act controls boats in U.S. waters and harbors. George W. Bush suspended it in just days after hurricane Katrina hit.

A disturbing turn of events over at the IMF, International Monetary Fund, hints at an expanded role for this world organization as "BIG BROTHER" and controller of the purse strings for the G-20 nations. They are quoted as saying their mission is to build "peace through economic stability." HA! HA! I'm telling you right now it is a one-world-government/new-world-order fascist plot and we had better watch out for these power elite demagogues.  Dominique Strauss-Khan the head of the IMF had to step down in May of 2011 due to his sexual attack on a New York City hotel maid.  Anyway, watch out for the World Bank or even a new Cap-and-Trade entity taking over the role of “Big Brother.”  A world government would end our freedom and liberty.  Beware!

Why do you think Obama got the Nobel peace prize and the one million dollars that goes with it the first few months in office? Without doing anything!  It was an up front down payment from the power elite to their socialist secret agent for all the one-world-government fascism wet work Obama would be doing later on in his term in office.   Hitman Obama is weakening and ruining America with fascism, socialism,  Marxism and wealth redistribution as he grows the size of government and increases control over American citizens. Right under our noses! You had better find out more about President Obama bankrupting America before it is too late. And don't think all of our taxes won't go up.

This is all part of a bankster power elite control conspiracy that has been going on since they set up their first agent of America's destruction the Federal Reserve back in 1913. Remarkably, it was the job of the Federal Reserve to ruin the once strong America and weaken it's currency under the smokescreen of economic crisis, wars and now climate change mania. Thanks to fraudulent leaders like Franklin Roosevelt carrying on the banner of socialism and huge government the dollar is now only worth 4 cents. 

Hitler and Mussolini praised FDR's "New Deal," by the way. The job of making the dollar weak and making America policeman and foreign aid giver of the world was accomplished. The problem is you and I are losing our freedoms and making us more dependent on big government. Those were the main agendas when the financial power elite created the Federal Reserve. It happened so slowly we hardly noticed. On our watch the constitution is being sabotaged!

Read “THE CREATURE FROM JEKYLL ISLAND” - A Second Look at the Federal Reserve 1994, by G. Edward Griffin if you don't believe me. Both American political parties are in on the conspiracy, by the way. Every word is true! Chapter two is titled "Bailouts Name of the Game." We the taxpayers pay and go deeper in debt with each bailout. We have been duped. It's a big myth. The Federal Reserve is not even federal or a bank or subject to an audit. It's a private corporation. Who owns it - the Rothchilds, the Morgans, the Warburgs, the Goldmans?  The control freak elite banksters historically have financed both sides of wars all throughout history.  They are the culprits.  Now, they've got their boy President Obama bankrupting the once strong America in a deflation economy leading into the GREATER DEPRESSION.  What unfortunate timing.

Watch out!  President Obama bankrupting the once strong America will lead to unholy alliances with the following dirty devils and one-world-government front organizations: IMF (International Monetary Fund), Trilateral Commission, Council on Foreign Nations, United Nations, World Bank, G-20 and finally any new world cap-and-trade organization they try to come up with will be the "straw that breaks the economy's back."

PS The GREATER DEPRESSION started in 2000 with the dot com stock climax and crash and will last into 2016-2020 and will mean a drop of 90 percent in most assets and 30 percent unemployment.

Copyright 2010 by Delwyn Lounsbury - THE DEFLATION GURU      
Use of this article allowed with attribution back to:
http://www.deflationeconomy.com