#denninger

New Post has been published on http://preppersuniverse.com/denninger-going-galt-first-of-many/

Denninger Going Galt; First of Many?

New Post has been published on http://preppersuniverse.com/amnesty-will-destroy-america-denninger/

Amnesty Will Destroy America [Denninger]

Denninger's takedown is terrific:

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I don't know whether to laugh or cry at the abject stupidity of this poster, but let's go down the list and demolish it point-by-point.

1. The CBO has now stated that Obamacare will run deficits that are double that which was projected.  In other words the premise of "more affordable" is a lie; it will do no such thing.  I and many others predicted exactly that at the time, simply on the math -- you can't make something more-affordable by demanding subsidization and cost-shifting.  It simply doesn't work that way.  "Who would not want these changes?"  I'll tell you who: You won't because your employer-subsidized and shifted health "insurance" is going to either bankrupt your employer, result in them dropping coverage and you being forced to buy it yourself or, more likely, you being forced to pay a tax because you won't be able to afford it.  Welcome to reality pal; a balance sheet always balances and for everything you get "free" someone else pays.

2. Really?  GITMO anyone?  Patriot Act anyone?  The NDAA?  The "war" in Iraq was over before he took office.  Obama expanded the war in Afghanistan -- ask all the families of the dead GIs who have come home in a box.  Oh yeah, and he also went to war in Libya (illegally under the War Powers Act I might add) and is intending to blast Iran.  I wouldn't write that one down just yet.

3. "Free" preventive health care for women eh?  Who's going to pay for that "free" care?  You do realize that if it's "free" to you someone else pays.  Wait a second -- if you get it, and you pay taxes, then you're paying for it.  Therefore it's not free and you were scammed.  Honesty isn't one of Obama's best subjects, but gullibility certainly is one of yours.

4. Equality for all people eh?  Ah, like banksters, right?  Nobody committed any crimes?  If we have equality for all people then you can commit perjury, you can steal billions of dollars, you can rook people out of their houses and property and it's all ok.  Oh wait a second -- no, you can't -- if you steal $100 from the corner "Stop-N-Rob" you go to prison but the banksters who hob-knob with Obama steal your house, sell bogus credit card debts that don't really exist to collectors and perform other forms of theft and they not only get away with it they're applauded for "helping America recover."  Equality for all people my ass.

5. Investing in "clean energy" jobs eh?  Solyndra anyone?  Some "investment."  Where are the LFTRs?  That would be clean energy.  And sustainable energy.  And abundant energy.  And entirely missing from the discussion in the Obama Administration.

6. Supports education eh?  Hmmm... how is that $200,000 in college debt looking for 'ya?  Has anything been done about this?  Of course not, nor will there be.  The solution is simple: Get rid of the preference in the law for this sort of debt, returning to what it was before the legal changes so that those who are overburdened can file bankruptcy for it like anything else.  At the same time remove all demands that parents disclose anything to anyone about adults who used to be their kids when it comes to college finance.  Are you an adult at 18 or not?  Are you responsible for yourself or not?  Do you have the right to independently contract and own the outcomes of your decisions or not?   Are you a slave as an 18 year old, or not?  Obama says yes.  What do you say?  If you'd rather DVD players cost $50 rather than $500 tell me why you prefer college educations that cost $200,000 instead of $20,000.  Tossing "free money" at anything simply makes the price go up -- this is the basic law of economics called "supply and demand."  That this hasn't sunk into your skull simply means that either you're intoxicated beyond the ability to reason (perhaps due to chronic inhalation of what comes out of Obama's buttcrack) or your IQ is smaller than your shoe size.

7. Millionaires should pay their "fair share"?  Ok, what is their "fair share"?  Close to half of all Americans pay zero in income tax.  Close to 1/3rd of all American families pay zero federal taxes at all as they receive enough back in EITC and similar refundable credits such that their total federal taxes are in fact zero.  The simple mathematical fact is that you could tax every dollar over $200,000 in income and the deficit would still exist, but the year you did it is the last year you'd get any money, since nobody will work for free for very long and as a result everyone who made more than $200,000 in that year would make $199,999 the next year -- even if that meant sitting on the beach sipping Mai Tais for 11.95 months of the year.  The only place you can get the money you want to tax to close the deficit is from the middle class -- it's a matter of mathematics, not desire.  So either stop demanding more "free ****" and accept that we can't afford what we're handing out now or buck it up and empty your wallet on Obama's shoes.  I hope you don't mind if I vomit on them instead.

8. Obama added 2.6 million jobs eh?  Really?  Here's the facts on that -- the working-age population went from 234,739,000 in January 2009 when he took office to 242,435,000 in February of this year.  That's 7.696 million more working-age people since Obama took office.  Obama's economic policies managed to employ about 1/3rd of them, leaving the other 2/3rds jobless.  This is why the labor participation rate went from 59.8% when he took office to 58.0% last month.  Simply put the jobs picture when adjusted for the number of working-age people, which is all that matters to you or anyone else, is worse now than it was when Obama took office -- materially so with 5,100,000 of the new entrants to the workforce being without a job.

As for you voting for him before, so did I.  I refused to vote for a man (John McCain) who near-literally performed fellatio on banksters just weeks before the election by suspending his campaign to ramrod TARP through The Senate.  In doing so he shoved the gun of government up my ass and forced me, along with you, to pay for the sins of force and fraud committed against the public.  That was and remains an unconscionable act.

But the fact also remains that Obama has done all that John McCain did in this regard and more, despite his promises to be "different."  Not only has he broken every promise he made with regard to the banksters, in addition he signed the NDAA, extended the Patriot Act, has refused to dismantle or rein in the TSA, failed to close GITMO as he promised and more.  He not only has ignored previous and admitted black-letter fraud by the banksters he has countenanced and extended their frauds and theft from you by refusing to stomp on the rank abuses they have committed since he took office, whether they be violations of regulations in respect to HAMP and HARP, robosigning (perjury), market manipulation of various sorts and more.

You're free to vote for him again, but in doing so you're simply voting for an unmasked Satan -- just as you are if you vote for Rick Santorum (or, for that matter, for Mittens.)

Sorry folks, no sale.