This isn’t about recession versus depression, this is about survival versus annihilation.
Once America falls, world totalitarian dictatorship will quickly follow. Civilization, as we know it will end.
Once America falls, world totalitarian dictatorship will quickly follow. Civilization, as we know it will end.
He points to Peter Farrara's article at The American Spectator, The Coming Crash of 2013.
Great Depression 2.0
Hard as it may be to imagine, where we are headed under Obamanomics will be worse than where we have been. The economic indicators are increasingly flashing economic decline already. Once the Bush tax cuts were extended to 2013, I didn't expect to see that until then, for all of the reasons below. But Obamanomics keeps deteriorating faster than even I expected.
Already scheduled now under current law in 2013 is the expiration of those Bush tax cuts, which President Obama has refused to renew for single workers making over $200,000 a year, and couples making over $250,000. Also scheduled to go into effect in 2013 under current law are all the tax increases of Obamacare.
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Our potential military enemies will be quite aware of this historic vulnerability of America [coming bankruptcy]. Just as Reagan brought us Peace through Strength, Obamanomics will be inviting War through Weakness. With a 2013 American economic collapse that will also disable the entire West, the world's uncivilized rogues from Russia, to China, to North Korea, to the Middle East Islamists dreaming of renewed world conquest, will all be tempted probably beyond resistance and reason to strike. They don't need even to attack the homeland to deal America a decisive defeat. They can just decimate our suddenly overwhelmed allies, from Israel to South Korea to Taiwan to our allies in the Middle East, let alone some even in Europe.
The only way to get off this bullet train to oblivion is to radically reverse Obamanomics in dogged detail. The American people get one more chance to do that in 2012.
Hard as it may be to imagine, where we are headed under Obamanomics will be worse than where we have been. The economic indicators are increasingly flashing economic decline already. Once the Bush tax cuts were extended to 2013, I didn't expect to see that until then, for all of the reasons below. But Obamanomics keeps deteriorating faster than even I expected.
Already scheduled now under current law in 2013 is the expiration of those Bush tax cuts, which President Obama has refused to renew for single workers making over $200,000 a year, and couples making over $250,000. Also scheduled to go into effect in 2013 under current law are all the tax increases of Obamacare.
---
Our potential military enemies will be quite aware of this historic vulnerability of America [coming bankruptcy]. Just as Reagan brought us Peace through Strength, Obamanomics will be inviting War through Weakness. With a 2013 American economic collapse that will also disable the entire West, the world's uncivilized rogues from Russia, to China, to North Korea, to the Middle East Islamists dreaming of renewed world conquest, will all be tempted probably beyond resistance and reason to strike. They don't need even to attack the homeland to deal America a decisive defeat. They can just decimate our suddenly overwhelmed allies, from Israel to South Korea to Taiwan to our allies in the Middle East, let alone some even in Europe.
The only way to get off this bullet train to oblivion is to radically reverse Obamanomics in dogged detail. The American people get one more chance to do that in 2012.
Doug Ross posted this graph a couple days ago with the following question:
How are those Stimulus, HAMP, Cash-for-Clunkers, Weatherization, Green Jobs, Obamacare, "Banking Reform", drilling moratorium, First-Time Home-Buyer Credit, auto company takeovers and QE2 programs working out?
The graph shows the months prior to, and months following, each US recession, and the impact on employment in each downturn.
The red line is Obama's line.
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