Showing posts with label What's ahead for the US. Show all posts
Showing posts with label What's ahead for the US. Show all posts

Tuesday, August 9, 2011

EDITORIAL: Obama’s downgraded America - Washington Times

washington times

Excerpt:The Obama administration has made history by presiding over the first-ever downgrade in the U.S. credit rating. President Obama has outdone all his predecessors in wrecking America’s good name. His answer to this problem: Spend even more.

Raising the debt ceiling was sold as a way of guaranteeing the U.S. credit rating. It had the opposite effect, which makes sense to anyone who understands credit. Take a family with a median household income around $50,000. If they spend $85,000 a year and have debt at $300,000 and growing, it’d be foolish to let them borrow more because they don’t have the income to pay it back. Raising the debt ceiling ignored this reality. Then, the Obama administration immediately demonstrated its utter lack of creditworthiness by blowing 60 percent of the initial $400 billion increase in one day, the largest single-day accumulation of debt in U.S. history.

The White House blames the George W. Bush administration for every economic woe, but the numbers speak for themselves...

The Standard & Poor’s ratings downgrade is only the beginning. Moody’s Investors Service still lists the United States as AAA but with a “watch negative” caveat, and S&P managing director John Chambers warned that should U.S. debt go over 100 percent of GDP, America would face a second downgrade...

Mr. Obama is blithely passing the buck. At a Wednesday fundraiser, he refused to own up to his responsibility for the economic calamity America is facing, saying “because we were inheriting so many challenges, we’re not even halfway there yet. When I said, ‘change we can believe in,’ I didn’t say ‘change we can believe in tomorrow.’ ”

If the nation continues on this disastrous course Mr. Obama has set, there will be no tomorrow.

Read all:EDITORIAL: Obama’s downgraded America - Washington Times

Wednesday, July 13, 2011

Outcasts: Tonight Tens Of Thousands Of Formerly Middle Class Americans Will Be Sleeping In Their Cars, In Tent Cities Or On The Streets

Excerpt:

Economic despair is beginning to spread rapidly in America. As you read this, there are millions of American families that are just barely hanging on by their fingernails.

For a growing number of Americans, it has become an all-out battle just to be able to afford to sleep under a roof and put a little bit of food on the table. Sadly, there are more people than ever that are losing that battle.

Tonight, tens of thousands of formerly middle class Americans will be sleeping in their cars, even though that is illegal in many U.S. cities. Tens of thousands of others will be sleeping in tent cities or on the streets.

Meanwhile, communities all over America are passing measures that are meant to push tent cities and homeless people out of their areas. It turns out that once you lose your job and your home in this country you become something of an outcast. Sadly, the number of "outcasts" is going to continue to grow as the U.S. economy continues to collapse.

Most Americans that end up living in their cars on in tent cities never thought that it would happen to them.

An article in Der Spiegel profiled one American couple that is absolutely shocked at what has happened to them...


Chanelle Sabedra is already on that road. She and her husband have been sleeping in their car for almost three weeks now. "We never saw this coming, never ever," says Sabedra. She starts to cry. "I'm an adult, I can take care of myself one way or another, and same with my husband, but (my kids are) too little to go through these things." She has three children; they are nine, five and three years old.

"We had a house further south, in San Bernardino," says Sabedra. Her husband lost his job building prefab houses in July 2009. The utility company turned off the gas. "We were boiling water on the barbeque to bathe our kids," she says. No longer able to pay the rent, the Sabedras were evicted from their house in August.


America is becoming a very cruel place.

Unfortunately, what has happened to that family is not an isolated incident. As rampant unemployment has spread across America, the number of people that have lost their homes has soared.

Today, it is estimated that approximately a third of the homeless population in Seattle live in their cars.

Desperation is rising all over America. Most people had hoped to see an economic recovery by now but it just hasn't happened...

The United States can be a very brutal place to be if you are poor...

We live in very frightening times. ..

Poverty is absolutely exploding in America...

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Biblical Perspective:
The United States and Great Britain in Prophecy
The World Ahead: What Will It Be Like?

Saturday, November 27, 2010

North Korea, China's Hidden Dagger

Warning Signs: North Korea, China's Hidden Dagger
by Alan Caruba


Reprinted in FULL

The Korean War ended in a stalemate in 1953. Having begun on June 25, 1950 with the blessings of Joseph Stalin, an armistice agreement on July 27, 1953 left the peninsula divided between the Republic of South Korea and the Peoples Republic of North Korea. How long ago was that? Dwight D. Eisenhower was elected largely on the promise to go there and secure an end to the conflict

By the time it was over the Red Chinese had intervened and American casualties were around 54,000 with 103,000 wounded. The North Koreans and Chinese were estimated to have lost ten times that number. The war was immensely unpopular with an American public that was still recovering from World War Two that had ended in 1945."

To his credit, President Truman did not hesitate to commit troops. Within two days after the invasion, Americans were fighting another war in Asia. The United Nations provided cover and the conflict was officially a UN action.

It was a proxy war, part of the long Cold War that had begun at the end of World War Two. The Chinese got involved when Gen. Douglas McArthur’s strategies put U.S. troops close to their border. He wanted to finish off not just the North Koreans, but the fledgling communist Chinese government as well. Truman relieved him of command after he neglected the fact that U.S. armies fight under civilian control in the form of an elected Commander-in-Chief and authorization from Congress.

In time, China for reasons of proximity and other factors became the power that controlled North Korea. Under Kim ill-Sung, known as the “Great Leader”, a Soviet protégée of Stalin’s, and his son Kim Jong-il, the “Dear Leader”, North Korea has evolved into the classic rogue nation. It was named one of George W. Bush’s “axis of evil.”

China provides life support for North Korea, the supplier of food and energy. In his 2004 book, “Rogue State: How a Nuclear North Korea Threatens America”, William C. Triplett II, noted that “communist China is central to all North Korean issues, from human rights to weapons proliferation.”

Whatever North Korea does is sanctioned by China. This fact has been largely shielded by U.S. policy from the American public. North Korea is known in diplomatic circles as “China’s hidden dagger.” The phrase is taken from an ancient Chinese military text called “36 Srategems.” It means the covert use of another country to annihilate your enemy. North Korea threatens South Korea and Japan, and by extension the U.S. which is committed to come to its defense.

American administrations have negotiated with North Korea and each has learned that they will not adhere to any agreement, using negotiations to secure bribes of all kinds, including one in which the U.S. agreed to build two nuclear facilities there! Recent news revealed they have increased their ability to produce nuclear weapons to the utter astonishment of U.S. intelligence agencies.

Its nuclear program was begun by Moscow and Beijing converted it to a weapons program. Triplett said that Beijing uses North Korea as a proxy distributor of weapons of mass destruction and ballistic missiles to terrorist nations that include Iran and Syria. They in turn, provide weapons to their proxies, Hezbollah and Hamas.

Like Iran, no sanctions and no threats of military reprisal have ever had any serious affect on North Korea.

Writing during the George W. Bush administration, Triplett said “There is no endgame strategy. North Korean aggression and provocations still go unpunished.” Together, the North Koreans and China “have successfully bogged any progress in endless diplomatic meetings and conferences while North Korea’s nuclear research marches on.”

America is in no position to fight another war on the Korean peninsula and is dependent on China (and Japan) to purchase its securities to keep its economy functioning in the wake of the 2008 economic crisis. America’s manufacturing base has largely been undermined by the transfer of many of our industries to China.

Americans have largely forgotten the threat of communism.

The latest North Korean attacks are China’s way of reminding the U.S. of its dilemma and dependence.

The failure to secure a victory over North Korea in the 1950s, too much dithering since then, and too much distraction fighting recent wars in Afghanistan and Iraq have combined to render America a paper tiger who, despite our vast military power, will not or cannot pull the trigger.



Thursday, August 19, 2010

Coming Elections Will not Undo Obama Carnage of USA - Lame Cherry

Assessment
Lame Cherry

The coming elections as this blog had warned years ago is not going to fix the destruction B. Hussein Obama has inflicted upon America and her allies.

Bankruptcy, massive debt, Brzezinski Islamic terrorism, Putin and Chicom aggression, Persian Islamocommunism, OPEC energy dependence, Narco Communist South American despots, a gutted US banking and production sector, with increasing problems in the agriculture division and Americans becoming more ill daily in poisoned food, are not going to disappear no matter if an 'undo Obama' law is passed.

The money is gone, the industry is gone and America is gone. That will not change in a GOP take over and it will not change if Obama is in prison or in the White House.

The chessboard is a region of exploiting weakness to one's advantage. The advantage in all of this was put into play by the European cartel financiers as they have a purpose to rule the world again from a European empire with Jerusalem as the capital...


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Send for your free copy of this booklet: The United States and Great Britain in Prophecy

Watch this on TV: Seven Steps to Destruction

Wednesday, February 24, 2010

Obama's Ides-of-March Moment is Near

By Monty Pelerin
American Thinker

Excerpt:
"By the end of March, Barack Obama's administration will face its destiny, its Brutus a pawn of the fates."...

"Mr. Bernanke, quite unintentionally and through no fault of his own, will be Obama's Brutus, regardless of his decision. To understand why"...

"Bernanke has two options, neither of them good. He can do what he promised and stop QE. Or he can renege on his promise. Either alternative has radically negative consequences for the country, Bernanke's role in history, and Obama's presidency"...

"Under either scenario, the Obama presidency is destroyed. Obama probably prefers the second option, because it might extend the period before sovereign bankruptcy. However, it might not extend it very much. Foreign bankers have chastised our behavior regularly. If the Fed is perceived as 'The Great Enabler' rather than as protector of the currency, a run on the dollar and the dumping of Treasuries could result."...

"Obama loses either way. He inherited a difficult situation, but then, via foolish policies, he turned it into a terminal one. At this point, Jimmy Carter may be the happiest person in the country. His lead position in the Pantheon of Shame is in jeopardy thanks to Obama.

For the country, times equivalent to the Great Depression are likely ahead. My guess is that Bernanke chooses (or is forced into) continuing QE. Courage is a rare and dangerous commodity in Washington. Hard decisions occur only in crisis."...

"When the country is perceived and treated by the world community as the wastrel it has become, then remedial action will take place. Hopefully, something is still salvageable."

Read the entire post: Obama's Ides-of-March Moment is Near:

For biblical insight, read: The United States and Great Britain in Prophecy