So what really happened when Congress brokered a deal and ended the partial government shutdown? Obamacare is still fully funded, the sequestration cuts are pretty much gone and the debt ceiling has been removed instead of raised. Basically, Obama and Democrats were given a blank checkbook between now and February 17, 2014 to spend as much as they possibly can.
And they are taking full advantage of it!
The day after the shutdown ended, our government spent a record $328 billion. That’s the equivalent of every person in America (314 million) going out and spending $1,044 last Thursday. The previous single day record government spending happened in 2011 when the Obama administration and Congress spent $238 billion. The new record was an increase of $100 billion.
When Barack Obama ran for president in 2008, he promised to lower the nation’s debt, but like all of his other campaign promises; it was just another lie to help get him elected. When Obama took office in January 2009, the national debt was $10.6 trillion. At the time of this writing the national debt is $17.09 trillion, an increase of 62% in less than 5 years. Instead of lowering the national debt, Obama has increased it by a record $6.49 trillion. At the current rate of spending, Obama will have increased the national debt by $10.3 to $12 trillion dollars during his two terms, basically doubling the national debt of all other presidents combined.
The debt ceiling has been raised six times since Obama took office. Three of those increases occurred while the Democrats controlled both the Senate and the House and three have taken place since the Republicans gained control in the House.
It doesn’t take an economics genius to realize that no nation can continue to spend and borrow money at the rate the US has been, especially under the helm of Obama. It is a certainty that at some point in time, the debt will cause an economic collapse, throwing the nation into a depression far worse than the Great Depression of the 1930s. When America’s economy collapses, so will the economies of virtually every nation on earth. History books may deem it to be the Global Depression.
Millions of Americans will lose their jobs, their homes, their families and their lives. America and the world will be thrown into chaos. People will kill other people over a loaf of bread or can of beans. Society will be turned upside down, bringing out the worst in us.
The situation would then be perfect for the government to declare martial law. If it happens while Obama is still president, and it just may be that soon, he will enact on his many executive orders and assume dictatorial control of the nation. He will disband Congress and use the military to control the people, killing those who resist the new socialist order.
America may or may not rise from the ashes of ruin, but if it does, it won’t be like the beautiful mythical Phoenix bird. Instead it will look more like the ugly Roc, a mythical bird of prey that devoured anything including large elephants. The nation that rises from the ashes of economic ruin will be just as ugly and just as devouring as the Roc.
If you don’t believe me, look at what happened with the Great Depression. It gave rise to Nazi Germany and communism in Eastern Europe and parts of Asia. Here in the US, the Great Depression supported the Democrats as they occupied the White House for next 28 of the next 36 years, with the only exception being the 8 years of Eisenhower. Franklin D. Roosevelt was a staunch progressive socialist and he used the Great Depression to institute many of his socialist agendas. They in turn laid the groundwork for many of the socialist programs in place today that Obama is building upon.
A Global Depression, brought on by the uncontrolled spending of Obama and Congress is not something I am looking forward to. Something drastic has to be done now to prevent a Global Depression from happening. Our federal government must be reduced in size and power. States need to be exercising their 10th Amendment rights to defy the federal government and take the control that they are given.
If nothing is done, then all I can say is God help us because we will certainly need it.