Economy is going down the tubes

The recent reminder for us not to believe everything we read is certainly very good advice. Nowadays, it's a good policy to verify everything . I wouldn't believe the page numbers in a liberal publication unless I count them first.

 

The latest deception we are asked to believe is the so-called 2008 economic stimulus package. This scheme calls for a rebate that supposedly we are to spend to help the economy. What's wrong with this picture? Our nation is bankrupt. We are $8.6 trillion in debt.

Where do you think this money will come from? There are only two choices. We can borrow it, which means we will have to pay the principal plus the interest. It's a good possibility that the money will be borrowed from our sworn enemy, Communist China.

The American people will run down to their local Wal-Mart and buy China's goods that, in turn, will make that nation more of a menace. But in all probability, we will go with inflating our money supply. This simply means printing unbacked paper without gold or silver behind it. The result will be higher prices, and the money will become less valuable. The ultimate result will be that we will be in a worse condition.

Lenin declared that the best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. He went on to say that the way to destroy the middle class was to grind them between the two millstones of inflation and taxation.

It would be my guess that the long-range plan of the elites is to create an economic crisis to replace the dollar with the "amero" so we might merge into the North American Union.

Being ignorant is no longer an option.

Andy Windham, Wagener, S.C.

 

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