U.S. Government Collapse Inches Closer....

[Sgt Staples]

In many fields of knowledge, the answers can get fuzzy. Do we have global warming? Do we have global cooling? Put a group of climatologists in a room and you can find not just two answers, but a multitude of plausible and interesting answers.

However, try the same experiment with mathematicians, and the answers to the problem should be the same. Math doesn't lie, and the equation doesn't change. The only change is in the variables, or the inputs.

This is why I can say with total confidence that America is going to collapse. In fact, the collapse of the U.S. government is as inevitable as the collapse of Enron was. Because for the last 40 years, our political leaders have made promises and written checks that they can't cash.

The rest of the story can be found here:

http://www.capitolhilldaily.com/2013/06/american-government-collapse/

 

[ElGringo]

Just took a look at the link. How can the author do "the math" when he doesn't have one of the inputs, how much money will be available over the next 75 years?

 

[Sgt Staples]

Just took a look at the link. How can the author do "the math" when he doesn't have one of the inputs, how much money will be available over the next 75 years?

It's fairly simple, once you realize that printed money not backed by a corresponding increase in the production of goods and services, is worthless.

And that's what the Fed has been doing. That's part of the reason that necessities like food and energy have increased anywhere from 20 to 50%. The only reason non- necessities are inflating more slowly is because the rest of the economy is Sh*t, regardless of what the Obama throne sniffing media tells you.

We are headed for massive inflation on the order of 17 to 25% Annually, and when it hits, interest rates will go up. Just a simple increase of 3% in interest rates will raise the payment on the debt from 250 billion to 750 billion.

That is a mathematical certainty.

 

[ElGringo]

None of that answers my question. If it's a mathematical certainty then Mr. Brown has the data and should be able to state when the federal government will collapse, but he doesn't.

If Mr. Brown were only a political creature I could forgive him his scaremongering but Mr. Brown holds a degree in Economics and knows that taking the worst data he can find from a period of financial instability and then throwing a static projection 75 years into the future is dishonest; if he had done this when he was in college he never would have received a degree in Econ in the first place.

The unfunded liability for SS is less than 6% of federal revenue. Notice I said revenue, not spending, and keep in mind that this is in the middle of a rather serious downturn. But, I suppose if Mr. Brown stated it that way instead of throwing out the $9.6 trillion figure he wouldn't sell anywhere near as many memberships to his "investment club."

 

[Woolleybugger]

None of that answers my question. If it's a mathematical certainty then Mr. Brown has the data and should be able to state when the federal government will collapse, but he doesn't.

If Mr. Brown were only a political creature I could forgive him his scaremongering but Mr. Brown holds a degree in Economics and knows that taking the worst data he can find from a period of financial instability and then throwing a static projection 75 years into the future is dishonest; if he had done this when he was in college he never would have received a degree in Econ in the first place.

The unfunded liability for SS is less than 6% of federal revenue. Notice I said revenue, not spending, and keep in mind that this is in the middle of a rather serious downturn. But, I suppose if Mr. Brown stated it that way instead of throwing out the $9.6 trillion figure he wouldn't sell anywhere near as many memberships to his "investment club."

What these people fail to do is get us to understand priorities and to discuss tradeoffs. Do we want to trade low taxes for no benefits? Huge military costs for low benefits? Private insurance health care system or single payer systems? All our problems are solveable if we ask the right questions and get to the meat of the issues which is what kind of nation and people do we want to be? Militaristic and living in silos with no more common goal than survival? Do we believe wealth is the only measure of a good life or do we want to be something else? These are the real questions our kids are going to face and something tells me they will end up making the right choices. They simply do not have the historical baggage us boomers have and want more from life than a just war, a meritocracy that is a myth and a life filled solely with work.

 

[MaryAnne]

Is Floyd Brown any relation to,"Brownie," of Katrina fame?

His economics do not add up. We are already pulling out of the recession,and the deficit is dropping faster than it ever has.

If we had a Congress that would pass an Infrastructure bill,we could cut the deficit even faster with much more tax money coming in.

Remind me not to change my Broker for this nut!

 

[Jen]

In many fields of knowledge, the answers can get fuzzy. Do we have global warming? Do we have global cooling? Put a group of climatologists in a room and you can find not just two answers, but a multitude of plausible and interesting answers.

However, try the same experiment with mathematicians, and the answers to the problem should be the same. Math doesn't lie, and the equation doesn't change. The only change is in the variables, or the inputs.

This is why I can say with total confidence that America is going to collapse. In fact, the collapse of the U.S. government is as inevitable as the collapse of Enron was. Because for the last 40 years, our political leaders have made promises and written checks that they can't cash.

The rest of the story can be found here:

http://www.capitolhilldaily.com/2013/06/american-government-collapse/

That's the plan, Sgt Staples. And the framework has been set up for our new [very Socialist, possibly non-religious except for our god-is- the- government-Communism if that is possible] government.

I hope everyone is in the right place to make a good leap into wealth rather than into the underbelly society that is supporting those who are designated to be rich.

I'm looking forward to it. I believe I will make the transition just fine. [yes, a little sarcasm there, but truth as well]. I am not worried.

 

[ElGringo]

Is Floyd Brown any relation to,"Brownie," of Katrina fame?

He actually seems to be a pretty interesting character. He's the guy that was behind the Willie Horton attack ads against Dukakis in 1988.

http://en.wikipedia.org/wiki/Floyd_Brown

 

[MaryAnne]

He actually seems to be a pretty interesting character. He's the guy that was behind the Willie Horton attack ads against Dukakis in 1988.

http://en.wikipedia.org/wiki/Floyd_Brown

Well,that is even worse! I knew the name sounded familiar,but with so many Browns it is hard to keep track.

Why no answer there,Sarge? Not easy when you have a poster as smart as El Gringo to answer.

Jen,your posts are sinking in to the conspiracy swamp,lately.

Willie Horton,"shiver," that black guy in the White House is coming to take me away,Ha ha!

He even made the ad of a woman pretending to be Jennifer Flowers! Now,that is a man I would want on my side because I would not trust him behind me!

Thanks,El Gringo. I was being funny about Brownie. You googled.

 

[Sgt Staples]

None of that answers my question. If it's a mathematical certainty then Mr. Brown has the data and should be able to state when the federal government will collapse, but he doesn't.

There is no way to determine the exact date of the collapse. If there was, then you could become a millionaire overnight.

However, economic mathematics doesn't lie. It is possible to determine that the government will collapse IF it doesn't start paying down the debt, with real money but instead keeps adding to it. There are quite a few economists that are predicting the collapse will occur this year or slightly after.

 

[Craig]

There is no way to determine the exact date of the collapse. If there was, then you could become a millionaire overnight.

If the United States collapses...of what value is being a "millionaire"?

 

[ElGringo]

There is no way to determine the exact date of the collapse. If there was, then you could become a millionaire overnight.

However, economic mathematics doesn't lie. It is possible to determine that the government will collapse IF it doesn't start paying down the debt, with real money but instead keeps adding to it. There are quite a few economists that are predicting the collapse will occur this year or slightly after.

You used the word "if", in fact you capitalized it. That does not give me any confidence that you or anyone else has "the data." You talk about mathematics but then use the word "if." I'm not a huge fan of Internet cred but I will state this with confidence: you don't want a piece of me in a discussion about Mathematics.

 

[GordonGecko]

Seven months to go, Sarge....


Dateline February 1, 2013

Therefore I have moved the hands on the America's Doomsday Clock to 12 minutes to 12, because we've got about 12 months until the whole thing collapses and the debt riots begin.

https://www.politicaljack.com/forums/showthread.php?47541-I-m-glad-O-bungle-has-things-firmly-in-control

 

[GordonGecko]

If the United States collapses...of what value is being a "millionaire"?

Logic and ditto-head....just don't go together, Craig.

 

[Craig]

Logic and ditto-head....just don't go together, Craig.

Brilliant idea! I'll short sell everything and then when the collapse comes, causing panic and riots in the streets, I'll be a gazillionaire. There will be no stores, no electricity, cars will plugs the roads...no airplanes to anywhere that isn't a domino in the collapse of the States. Nothing whatsoever to spend this fiat currency I can't even get my hands on because it's just an account on a computer somewhere....

But hey...I'll be rich!

 

[ElGringo]

Well,that is even worse! I knew the name sounded familiar,but with so many Browns it is hard to keep track.

Why no answer there,Sarge? Not easy when you have a poster as smart as El Gringo to answer.

Jen,your posts are sinking in to the conspiracy swamp,lately.

Willie Horton,"shiver," that black guy in the White House is coming to take me away,Ha ha!

He even made the ad of a woman pretending to be Jennifer Flowers! Now,that is a man I would want on my side because I would not trust him behind me!

Thanks,El Gringo. I was being funny about Brownie. You googled.

Madam, you are too kind

 

[fairsheet]

American productivity has outpace inflation for decades now. There's little or nothing on our horizon to suggest that that won't continue. And, the top-screeder sure as hell doesn't suggest anything! So, IF productivity grows faster than inflation, the top-screeder's entire theme is false.

Our more real problem going forward, is that the benefits of that increased production may not derive to the masses.

 

[ElGringo]

American productivity has outpace inflation for decades now. There's little or nothing on our horizon to suggest that that won't continue. And, the top-screeder sure as hell doesn't suggest anything! So, IF productivity grows faster than inflation, the top-screeder's entire theme is false.

Our more real problem going forward, is that the benefits of that increased production may not derive to the masses.

Love what you had to say, and love your injection of IF.

 

[fairsheet]

Love what you had to say, and love your injection of IF.

My education is in POLITICAL Economy. Therefore, the "if" is di regueur. But, I will suggest that anyone who re-farts the angle that we MUST "pay down debt", is full of it. I just heard today, that Standard and Poor's now ajudges our debt as something akin to "okay", as opposed the "big problem" they saw it as in the 5-6 years prior. Of course, my point isn't to suggest Standard and Poor's as any sort of be all and end all, to this question.

Still though, even they hint (what most of us should know by now) that there's a certain level of debt relative to the size of our economy, that's actually good. As long as our economy grows, there's no need of our paying paying down debt. And, as long as our economy grows more than debt, we can even increase debt and be all good.

The only reason we would want to undertake some longterm scheme to "pay down debt", is if we're convinced that out economy is going to SHRINK in the decades to come.

 

[ElGringo]

My education is in POLITICAL Economy. Therefore, the "if" is di regueur. But, I will suggest that anyone who re-farts the angle that we MUST "pay down debt", is full of it. I just heard today, that Standard and Poor's now ajudges our debt as something akin to "okay", as opposed the "big problem" they saw it as in the 5-6 years prior. Of course, my point isn't to suggest Standard and Poor's as any sort of be all and end all, to this question.

Still though, even they hint (what most of us should know by now) that there's a certain level of debt relative to the size of our economy, that's actually good. As long as our economy grows, there's no need of our paying paying down debt. And, as long as our economy grows more than debt, we can even increase debt and be all good.

The only reason we would want to undertake some longterm scheme to "pay down debt", is if we're convinced that out economy is going to SHRINK in the decades to come.

I think I love you, in a non-gay way of course. Debt isn't necessarily bad...I wish more people were down with that,..