we're Broke!

Quote from James Baker on CNN this morning. As I listened to Mr. Baker who was Reagans Chief of staff and GW’s Secretary of Treasury, I just had to smile. He was all over the map with his double speak. Lambasting the two parties for “profligate spending” then admitting that the debt ceiling was lifted multiple times under his watch. He again attacked the spending side of the budget with a torrid attack on “entitlements”. Not one mention of the military side of the budget…..roughly 1 trillion dollars a year counting their retirement legasy costs. When pressed on limiting spending and not raising the debt ceiling this year he IMMEDIATELY said we had to lift it. Baker is a consummate banker/politician…very shrewd…but very self serving. He is appearing on the airwaves to prepare the populace for the bankers. Like most operators of his ilk he gives you multiple truths then gives you either false conclusions or more cleverly “distorted conclusions”.

For instance who would not whole-heartedly agree that the government spending is out of control. That’s simple enough isn’t it. Lets start with DISCRETIONARY SPENDING. Out of just over ONE TRILLION ….what does it look like?? Here is 2010…

663.7 billion (+12.7%) – Department of Defense (including Overseas Contingency Operations)
$78.7 billion (−1.7%) – Department of Health and Human Services
$72.5 billion (+2.8%) – Department of Transportation
$52.5 billion (+10.3%) – Department of Veterans Affairs
$51.7 billion (+40.9%) – Department of State and Other International Programs
$47.5 billion (+18.5%) – Department of Housing and Urban Development
$46.7 billion (+12.8%) – Department of Education
$42.7 billion (+1.2%) – Department of Homeland Security
$26.3 billion (−0.4%) – Department of Energy
$26.0 billion (+8.8%) – Department of Agriculture
$23.9 billion (−6.3%) – Department of Justice
$18.7 billion (+5.1%) – National Aeronautics and Space Administration
$13.8 billion (+48.4%) – Department of Commerce
$13.3 billion (+4.7%) – Department of Labor
$13.3 billion (+4.7%) – Department of the Treasury
$12.0 billion (+6.2%) – Department of the Interior
$10.5 billion (+34.6%) – Environmental Protection Agency
$9.7 billion (+10.2%) – Social Security Administration
$7.0 billion (+1.4%) – National Science Foundation
$5.1 billion (−3.8%) – Corps of Engineers
$5.0 billion (+100%) – National Infrastructure Bank
$1.1 billion (+22.2%) – Corporation for National and Community Service
$0.7 billion (0.0%) – Small Business Administration
$0.6 billion (−14.3%) – General Services Administration
$19.8 billion (+3.7%) – Other Agencies
$105 billion – Other

Here is the part I like…LOOK….its right in front of you. Can you see it??? A very smart man like James Baker never mentioned the word. NOOOOOOOO. I wonder why. Its the 800lb gorilla in the room, but the power behind the military industrial complex/energy cabal are all tied together at the hip. It rules the world. IT doesn’t protect the world or “defend” us. It literally puts us at an incredible risk. Economically it is an absolute catastrophe. We have 800 military bases in 150 countries. WE STILL OCCUPY GERMANY…….WHY????? The cold war was the excuse. Thats been over for decades. Its all money. Its democracy by the few for the few. Its the best democracy money can buy. Go ahead keep it up. Use divide and conquer on the sheep. Give them slave labor goods from China. Dummy them down with declining education. You don’t want a repeat of that 60′s crap again. People in the streets is very uncomfortable. Ask yourself one thing when you come up with your solution. Is your solution the best solution for the good of the most people. Meanwhile you can get your solutions for all of this from our next president….a bad comb-over pompous blow-hard that is waving more divisive issues like O’s birth certificate while he gives you simplistic solutions that benefit the few. Go ahead gang ….keep falling for it…..and you will….you always have and you always will.

Read more at Great Depression 2