Are We Americans Worth Much?
August 06, 2009
– Comments (13)
Right now, many Americans are really not worth very much to our government and bankers.
America, as an uninhabited piece of land, would be worth a lot simply for natural resources and fertile land. The problem is that the income derived from the land would have a very difficult time sustaining over 300 million people. However, it could lavishly sustain 1,000 bankers and politicians and the necessary relatively small workforce to operate it.
American government spends a lot maintaining its citizens each year. Trillions just on social security, welfare, medicare, medicaid, food stamps and unemployment. Up until recently, collectively its citizens earned enough to pretty much cover the expenses through taxes paid. But in the last six months, our earnings have fallen off a cliff and so have the taxes we send to govenrment.
In addition to the current spend, government expenses are going to skyrocket going forward due to an aging population and additional benefits to more and more losing jobs requiring welfare and unemployment payments.
Based on our limited earnings due to a variety of factors, including an incredibly high debt obligation to our bankers......we simply cannot provide government with enough money to sustain government's obligations to its citizens.
This problem has become very serious lately as people are questioning the ability of government to continue to borrow money for the sole purpose of extending welfare to its citizens. If government simply prints money out of thin air, the money will be worthless and that will piss off everyone....especially the bankers, savers and those of us that work for money.
Government is in a pickle.....it simply does not have enough money to satisfy its current obligations to its citizens. You think the citizens are going to be happy if they find this out? What is government to do?.......from government's perspective, it would financially be better off if many of us were dead versus alive and a liability.
Potentially, it could take the assets of those citizens with money, but due to the massive size of the deficit and continuing obligations, it would likely have to take almost all of the assets of the citizens in addition to their incomes.
You see the Zombulator is now Zombulated......and it needs to be fed because its citizens need to be fed..............but the Fed is running out of tricks to fool the world and conceal the Zombulation. We are all in this together who live with the Zombulator....no matter how rich you think you are and you are not part of government.
From strictly a financial perspective, if the government killed all of those on social security, medicare, medicaid, unemployment, food stamps and welfare.....it would be a lot better off. Plus if it fired most of the 20,000,000 people that worked for it, it would save a boat load of money.....and if they couldn't find replacement work quickly, they could join those who WERE unemployed.
You see, with the swine flu issue coming up and the government likely going to force us all to be vacinated.......could you imagine what some sociopath might consider in light of our nations current government financial crisis.....you know, we must protect the soverign at any cost type....as long as they consider themselves part of the soverign.
This whole essay is simply speculation upon a factual massive financial shortfall for government. This financial crisis combined with increasingly negative outlook has NEVER happened since George Washington assended to the Presidency.
What will our govenrment do now that it cannot financially meet its massive obligations to its citizens?
Resturcting debt seems like an easy start.
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