Gotta be one of the most transparent attempts to influence politics I’ve ever seen:
Moody’s Investors Service warned Thursday that it might review the government’s Aaa debt rating for a possible downgrade as early as next month if there is no progress toward a deal in Washington to increase the $14.294 trillion federal borrowing limit and cut deficits…
I mean, come on – other than the economic “experts” who are routinely flabbergasted when economic data “unexpectedly” comes in bad, does anyone buy this line? We’re supposed to believe that if we don’t agree to pile on more debt then our debt rating will get worse? This is akin to saying we’ll never sober up unless we have another drink. Moody’s – a charter member of the bankster/bureaucrat gang of idiots – is just trying to stampede the GOP caucus in to voting for more debt.
The biggest worry our banksters have is that the free money will be cut off – that they’ll actually have to deal with their balance sheets rather than just “extend and pretend” their way in to fat, annual bonuses. The massive infusion of cash since late 2008 has allowed the “too big to fail banks” to act as if they’re not insolvent…stop that flow and their bankruptcy will be revealed. No more being the boss; no more fat paychecks, no more moving and shaking with the elite… it is a nightmare which cannot be borne. So, they are trying every trick in the book to keep the money flowing…and if that means suckering us in to agreeing to run up our debt to 120% of GDP, they’re ok with it.
And don’t think the banksters are in this by themselves. Oh, no – they’ve got their politicians, too. My goodness, do you know what might happen if the free money stopped and the banks failed? Economic recession, that’s what! And right in front of an election. Don’t you know what that would do to re-election prospects? For crying out loud, such an event could see Palin/West taking office in January, 2013…and those two clowns not only don’t know the right people in DC, New York and San Francisco, they don’t even care who the right people are! So, we gotta get that debt ceiling raised…and if that means we’ll have to tell people that granny will die of starvation if we don’t, then that lie is worth it.
Don’t fall for it, good people – we don’t need to raise the debt ceiling. Not now, not ever. All we need to do is control spending. Yes, I’m terribly sorry but we’ll have to spend less than we planned. In fact, if we just dialed back to the horrendously profligate budget year of 2004, we’d be running a surplus…not only not borrowing any more money, but paying off debt. No need for a debt ceiling increase there.
From now until 2012 just expect more and more of this – the Ruling Class is going to try and scare a majority in to thinking that if the Ruling Class goes, so goes the nation. But we know better – we know that if all the Bernankes, Soros’, Pelosis and Obamas in the world dropped of the face of earth tomorrow, it wouldn’t harm us in the least. And in 2012 we’re going to prove it by getting rid of all of them.
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