Monday, July 18, 2011

Its worse than you think

If you read anything this week, it should be this
"Please soberly consider the implications of the National Debt, and think through what it means for you and your children. In the years to come, we can expect to see higher taxes, a panoply of new fees and fines, decreased pension benefits, and orchestrated currency inflation. Simultaneously, we will face a declining standard of living, shortages, riots, higher property crime rates, labor protests, currency devaluations, currency expatriation controls, bank runs, forced redistribution of wealth, and "social justice" programs that will nationalize entire industries and expropriate productive farmland. This may very well spin out of control until the wealth redistribution and social engineering schemes resemble those in Pol Pot's Cambodia, or Robert Mugabe's Zimbabwe."
James Wesley, Rawles

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