James Quinn Sees Egypt as Solution for America

February 21, 2011 06:17


Obama, Wall Street, and the corporate mouthpieces in the mainstream media have been pumping up the American people for months with false data, unwarranted optimism, bank profits created out of thin air by accounting fraud, and attempting to create an economic recovery built on a foundation of sand, supported only by lies.

From Monty Pelerin’s World

The frustration of dealing with the lies and propaganda that come from our government and its media allies is sometimes overwhelming. It is hard not to be angry when one believes we are poised on the brink of an enormous tragedy that is being covered up by the political elite. James Quinn, a man who doesn’t disguise his anger and always produces a good read, addresses this issue:

“Obama, Wall Street, and the corporate mouthpieces in the mainstream media have been pumping up the American people for months with false data, unwarranted optimism, bank profits created out of thin air by accounting fraud, and attempting to create an economic recovery built on a foundation of sand, supported only by lies. The Obama budget is worse than a joke. It is a tragic joke. It amazes me that he can stand in front of the American people and present such a lie. The liberal media then unquestioningly presents the budget as a frugal cost cutting proposal that will reduce deficits and inflict painful cuts upon the poor American people. It would be laughable, if it wasn’t so sad.”

In order to save themselves and extend their comfort in office, this criminal class dupes the people it is supposed to represent. It is no concern to politicians that those foolish enough to believe will likely be wiped out by the coming financial and political tsunami. People are expendable, existing only to provide  the funds and votes necessary to sustain the privileges of the political parasites.

Quinn states:

“… let’s get some perspective on Obama’s projected FY11 deficit of $1.65 trillion. This is the projected DEFICIT. Do you remember back to the Clinton administration? Did you feel like your Federal government wasn’t spending enough? In 1998 the TOTAL SPENDING of the Federal government was $1.65 trillion. We now run deficits that equal the entire budget of the United States in 1998, without blinking an eye or questioning how we got here. The politicians have scared the populace into thinking that the country will collapse without the Federal Government spending $3.8 trillion of your money, every year.”

The ship of state is going down. Instead of providing warning that might enable some of the  people to protect themselves in some fashion, these elected vermin intend to victimize them right to the end. Unfortunately, their unconscionable behavior will ensure the impoverishment of  the nation and the wealth of the middle class. If only one word could describe our government, it would be “bankrupt” — both in the fiscal and moral sense.

Continuing his attack on the Obama budget, Quinn says:

“… let’s assess the reality of Obama’s ten year budget. If you were to believe the reports in the media, you would think that Obama is cutting deficits and making hard choices. Amazingly, deficits plummet all the way down to “only” $600 billion to $800 billion after 2012. In the chart above, I ignore the revenue side of the equation, because Obama’s assumptions are beyond ridiculous. His assumption of the GDP growing from $15 trillion in 2011 to $24.6 trillion in 2021, a 64% increase, is a fantasy. During the last 10 years, GDP grew by only 51%. So, despite mind numbing debt levels, structurally high unemployment, peak oil, and a rapidly aging population, GDP is going to surge over the next ten years? I certainly believe that. Under the Obama budget, tax revenues will grow from 14.4% of GDP in 2011 to 20% of GDP in 2021. By comparison, the historical average is only 18% of GDP.”

There is plenty of blame to go around and it is not limited to one party:

“You are now hearing the spin from the ideologues on both sides of the aisle about their cost consciousness and desire to restrain spending. It’s all a load of bull. Bush and the Republicans added $4.3 trillion to the National Debt during their reign of error. Obama has matched Bush in the space of 2 1/2 years by adding another $4.3 trillion. There is no effort to cut spending. Obama’s budget shows spending rising from $3.7 trillion in FY12 to $5.7 trillion in FY21. The propaganda and misinformation being spewed from these corrupt politicians is mind numbing.”

It is perhaps unfair to criticize the costs without looking at what was achieved. Quinn does so in his realistic but sarcastic fashion:

“Again, some perspective is needed to realize how out of control our Federal Government has become. According to the BLS, inflation has risen by 33% since 1999. Real GDP has grown by 23%. The population of the U.S. has grown by 10%. The number of employed Americans has risen by 1.8%. The average pay for a Federal drone (aka worker) has risen by 58%, while the average pay for real workers has risen by only 30%. Therefore, the average non-government employee has seen a decrease in their standard of living as inflation has risen faster than wages. As you can calculate yourself, Federal government spending surged by 124% between 1999 and today. Have you noticed a doubling in service level, competence, educational scores, new energy solutions, or safety and security? What did we get for an extra $2.1 trillion of spending?”

To fully understand Quinn’s justifiiable anger and his “Egyptian solution,” read PUMP IT UP. Samuel Adams outlined the solution long ago: “It does not take the majority to prevail, but rather an irate, tireless minority, keen on setting brush fire freedom in the minds of men.”



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