Tuesday, April 10, 2012

What Vladamir Lenin Said

We know that Lenin was no the nicest man.  We also know that the Russia he ruled has not fared well when it comes to blessings from God.  Now look at one of Lenin's quotes:

 By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some. – As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.

Lenin goes on to say that not one man in a million will be able to understand what the government is doing as they confiscate the wealth of its citizens.  Well I am happy to say that most folks who have been reading this blog should at least have SOME CLUE as to what is coming for our Mammon-worshiping society as our leaders continue to print money and the debt bomb readies to explode.

We are accumulating debt at a rate of $3.7 billion per day, or $154 million per hour. No politician of either party, other than Ron Paul, has any plan to even moderate the spending, let alone make actual cuts. The CBO projections rolled out by these congressional weasels aren’t worth the paper they are printed on. The National Debt is on track to surpass $20 trillion in 2015 and $25 trillion by 2018. And this is before the Medicare and Social Security costs blast into orbit in 2020. Kicking the can down the road works until math catches up with you. It is insane to believe we can dig ourselves out of this debt induced mess with more debt, but empires tend to act insanely in their death throes.

“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.”Friedrich Nietzsche

The cracks in the façade are already painfully visible. The U.S. ran a $1.4 trillion deficit in 2009; $1.3 trillion in 2010; and $1.3 trillion in 2011. In the chart below you can see foreigners’ appetite for U.S. debt since 2007 has plunged. Maybe it has something to do with getting a negative real return by investing in U.S. Treasuries paying 2%. Maybe it has something to do with Ben Bernanke attempting to inflate away our debt burden. Maybe it has something to do with Congress and the President accelerating spending and creating massive deficits for as far as the eye can see. Maybe they are losing trust and confidence in the American Empire.

Here;  http://www.zerohedge.com/news/guest-post-you-aint-seen-nothing-yet-part-3

Holy Debt bomb!!  We have to borrow another $1.3 trillion in the next 12 months AND we have to refinance $7 trillion of debt we already borrowed??  Where are we going to find the nations that have all those trillions?

Friends, get ready for something big.  I hope it is the rapture of the church...but it is very possible that God will first allow us to see the collapse of America, because He wants to show us what happens to nations who worship the false god of Mammon.



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