"The most significant threat to our national security is our debt," Admiral Michael Mullen, Chairman, Joint Chiefs of Staff, August 27, 2010


Tuesday, July 17, 2018

What’s going on and why?


Let’s see if we can make this fairly direct and hopefully brief –
·         Do we – thefundamentals – think what is going on has anything to do with Russia – its frequently elected boss – its futzing around in our elections – just like our country does in other countries?
·         The answer to the above is – no – not for a second
·         So what is going on? 
·         Well what’s about to occur?  Do you know?
·         We do – two things – a new judge in a few months and an election in one or two more.  That’s what’s going on
·         Well so what – doesn’t that happen often?  Every two years – maybe a bit longer for the judge?
·         You bet – but that’s not why what is going on (by the democrats and the press) is going on.  The reason is basic – fundamental – obvious – and it is all about the party out of control finding themselves losing more control come the senate vote on the judge and come the vote on the 435 and 1/3 of the 100 on 11/6/2018
·         So what will they do or try to do?  Well darn near anything and they have several groups that also realize what is going on and those groups face the exact same deterioration/reduction/fear of disappearance that the democrats realize is occurring and it simply is based on their ongoing failure and what they think will postpone that awareness
·         Stop and look at the financial condition of anywhere they currently and for some time have had political control – here is our quick list – DC -  New Jersey – Illinois – California – and more – here take a look:

·         The above is several years old but do this – on your own – ask to see the debt and the pension obligations of some of the places in blue and green above – or read the following:
o   Having promised public workers big pensions without saving the money to pay them, many of these states are fiscal time bombs. Nationwide, state pensions have unfunded liabilities totaling nearly $1.4 trillion, according to Pew Research. Not coincidentally, of the states with the 10 largest deficits by dollar value, eight do not have a right-to-work law. Three states—California, Illinois and New Jersey—account for a third of the pension hole. California and New Jersey each have net liabilities of about $170 billion, and Illinois’s are $140 billion.
o   The Illinois crisis is so severe that paying the promised pensions would require a 30-year property-tax increase that would cost the median Chicago homeowner $2,000 a year, according to a study from three economists at the Chicago Fed. Not a penny of that added tax money would pay for better schools, police, roads, hospitals or libraries. Already, Illinois’s property taxes are among the country’s highest.
o   Will the change spur pension fixes and other fiscal reforms in states like California, and Illinois, New Jersey, Connecticut, Massachusetts and Maryland?
·         Above written by two guys – Arthur Laffer and Steve Moore – guys who like facts – do you?  If so read the entire factual article at:  https://www.wsj.com/articles/the-court-tosses-blue-states-a-life-jacket-1531263883?mod=searchresults&page=1&pos=1

·         Folks the democrat party and its towns, cities and states are on the chosen road of self destruction.  Study it – then study it more.  Ask yourself – do I want my country/state/city to become one of those places?   My kids - their kids - to live there?

·         If the democrats can get back in control – they already have the media – it needs the same nonsense to survive – and get back control of the house and the senate then they can print the money/open the borders/buy votes for another 10 or 20 years before the “you know what” hits the fan!

What’s going on and why?  Now you know.

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