“There Will Be NO Property Rights If..........”Submitted by TheTruthWillSet... on Wed, 01/28/2009 - 18:16
As we keep saying, "the inmates are in charge of the asylum” and we have the proof. A “House” who does not have its financial affairs in order, is doomed to collapse and for our “house”, the United States of America, collapse is where we, as a nation, are headed. ~ A excellent food for thought article... March 27, 2008 ~ Ron Ewart
We know what you are saying, "it can’t happen in America because there are too many controls to stop it from happening." If you are thinking that, you are indeed naive. When Bear Stearns collapsed a couple of weekends ago, America came very close to the domino effect and if the federal reserve hadn’t stepped in immediately, with a massive infusion of cash, it has been alleged by several scholars that such a domino effect could have been triggered.
But what if from scientific, verifiable observational data of the Sun, it had been predicted that by the year 2040, a sunspot of several orders of magnitude larger than any that have occurred in recorded human history, was going to occur on March 15th of that year and that 8 minutes later the radiation from that sunspot would overwhelm the Earth’s magnetic field such that we would be bathed in apocalyptic radiation and all species on Earth would be rendered extinct? That would get your attention, wouldn’t it? Unfortunately, there would be very little we could do about it and we would have to be resigned to our fate. (There are some scientific theories that one or more mass extinctions, resulting from extra-terrestrial radiation, have occurred in our past, but it is not believed that our Sun was the culprit.)
Now what if we told you that on that same date, without cutting government expenditures by 60%, or increasing tax revenues by double the current amount, starting right now, the United States of America would go broke? It couldn’t pay its bills and its foreign loans would be called. Medicare couldn’t pay doctors, pharmacists, or hospitals. Outbreaks of disease could occur, but there would be no medical treatment available. Social security payments would cease. Layoffs could be catastrophic and 40% to 50% of the work force could be out of work. A world-wide depression would ensue. It could be so serious that civil unrest would break out all over the country (if not the world) and the Federal Government could very well suspend the constitution, declare martial law and send in American troops to major trouble spots. (The government already has plans for this type of contingency.) You could kiss the first 10 Amendments to our constitution goodbye. There would be no property rights, no gun rights, no free speech and the right to assemble and habeas corpus could be suspended. Homes could be searched at will by U.S. troops, for any reason. But far worse than that, a massive, unprecedented world war could be triggered, as countries use military force to obtain scarce food, energy and other vital resources.
But what if we told you that this event, unlike the predicted massive sunspot event, could be prevented? What if we told you that an arm of the Federal Government has already made this prediction and that they have already come up with suggestions on how to forestall a financial meltdown? In January of this year, David Walker, Comptroller General of the United States, released a report with charts and graphs of what will be, if we don’t do something and do it fast. You can find that report at: http://www.gao.gov/cghome/d08395cg.pdf
To Read More: