David, this is a great post and it’s spot on.
However – I fear the worst is done and from here on out – it’s just a slide into oblivion.
He’s bankrupted the nation already – and he has enough steam to maybe put us in further jeopardy with Universal Health Care.
The odds are against us surviving this. The Chinese own half our debt. We’re printing money to pay for the other half. The “Capitalist Engine” that would help us recover from this is being dismantled. We have a train wreck coming with Social Security and Medicare and Prescription Drugs. Baby Boomers are retiring – soon we’ll have only 2 taxpayers to pay for each Social Security recipient. Only punitive taxation will fix that and this will result in a tax revolt (ironically by the very people who voted Obama in).
None of what I’ve outlined above takes into account another terrorist attack on U.S. soil – remember – the last one devastated our economy for the short term but we had the resources to rebound – resources we won’t have next time because Obama has squandered them.
None of that takes into account a possible overseas conflict in the Middle East involving Iran – or one in Asia involving North Korea. None of the above takes into account any response by us with respect to Russian expansionism – or if China decides Taiwan’s time is up.
Our enemies know we are on the ropes – and they will not allow the opportunity to pass.
I don’t want to sound like a whacko – but it will take an intervention from GOD to save us – and I doubt he really cares much for us anymore.
My prediction is that the US will go into a civil war sometime in the next twenty years. Without the prosperity, without the liberty, and without the freedom – there will be no reason to maintain loyalty to the American dream.
