Monday, December 21, 2009

Obama: We Can't Treat Tax Dollars Like "Monopoly Money"

Chairman Obama is fortunate the vast majority of Americans can't be troubled to learn about economics or the effects of government intervention in the market. They don't know or care to know what the Fed is, that is has free reign to create the people's money out of thin air, which it then loans back to us, at interest, or where their tax dollars really go.

And so Obama, the actor, the marionette, reads from the teleprompter that "we can't continue to spend as if deficits don't have consequences," unbeknownst to the proles democrats in the congress are looking to raise the debt ceiling by another $2 Trillion. And Obama, who might as well be given an Academy Award to sit on his mantle next to his Noble War Prize, can say we can't continue to treat the hard earned tax dollars of the American people like Monopoly money, he can be sure that the overwhelming majority of Americans don't know that their tax dollars don't provide a single solitary service, that 100% of their income tax goes directly to the interest on the national debt. And they surely aren't aware that all the massive amounts of debt being accrued now is either on loan from China and other nations, or printed up out of thin air, debasing the currency and causing prices to rise, so that we're paying taxes due to the monetary inflation of a private, unelected cartel of banksters - the Federal Reserve.

So the Chairman stands there, looking solemn, and paints himself as the good guy. He feels your pain. He knows what must be done. Unfortunately what he's saying and what he's doing are a total contradiction. And more unfortunate than that: barely anyone notices.