Militia is NOT a dirty word... It preserves Freedom from Tyranny

During the Congressional debates, James Madison discussed how a militia could help defend liberty against tyranny and oppression: The highest number to which a standing army can be carried in any country does not exceed one hundredth part of the souls, or one twenty-fifth part of the number able to bear arms. This portion would not yield, in the United States, an army of more than twenty-five or thirty thousand men. To these would be opposed a militia amounting to near half a million citizens with arms in their hands, officered by men chosen from among themselves, fighting for their common liberties and united and conducted by governments possessing their affections and confidence. It may well be doubted whether a militia thus circumstanced could ever be conquered by such a proportion of regular troops. Besides the advantage of being armed, it forms a barrier against the enterprises of ambition, more insurmountable than any which a simple government of any form can admit of. The governments of Europe are afraid to trust the people with arms. If they did, the people would surely shake off the yoke of tyranny, as America did. Let us not insult the free and gallant citizens of America with the suspicion that they would be less able to defend the rights of which they would be in actual possession than the debased subjects of arbitrary power would be to rescue theirs from the hands of their oppressors."- (Source I Annals of Congress 434, June 8, 1789)

People Are Getting Ready...

You don't need to take my word for it. Call up all of your local gun dealers and ask them if they are having trouble getting the guns and ammo that they have ordered. Believe me or not. We are in the calm before the storm. Something really, really big is about to happen. Your focus needs to be on four main priorities. 1. Your job or your business. While you are still employed or self employed, you have money coming in. Keep working hard, tighten your spending habits, and focus on the next three priorities. 2. Buy guns and ammo. It's getting really hard to get already and you don't want to be caught without it. It will be your main defense when things get really rough. 3. Buy lots and lots of canned goods. Meats, vegetables, soups, etc. You can focus on other foods too, but don't buy anything that is quickly perishable. Don't get anything that must be frozen or refrigerated before or after opening. 4. Decide where you will go if it gets too rough where you are. Have a second or third option as well. Have a way to get you and your stuff there too. Plan ahead. There are many other things to consider, but if you have not been getting ready before today, you are way behind. Focusing on these priorities will help you stay focused and help you catch up and prepare for what is surely to come. The governments of the world will be able to manipulate their economies in an effort to postpone it, but they can't stop it. And the longer they kick the can down the road, the harder the economy will fall.

Economic Collapse: This Bubble Is Going To Burst No Matter Which Political Party Wins

Michael Snyder: Most people just assume that since things have always been a certain way that they will always be that way in the future. Most people just have blind faith that the people running our government and our financial system know exactly what they are doing and that they are doing their best to take care of us. In fact, once upon a time I was fully convinced of that. When I was a kid I quickly realized that my elementary school teachers really didn’t have the answers, but I had total faith that those running society at the highest levels were “experts” that were looking out for our best interests. As time went on I kept progressing in my education, and by the time I was finished with law school I came to understand that none of our “experts” really know what they are doing, and they are definitely not looking out for our best interests. The blind are leading the blind and we all need to finally admit that the emperor is not wearing any clothes. Unfortunately, most Americans will repeat the mantra of “if that was true I would have heard about it on the news” until it is way too late. Most people are waiting for the “authorities” to tell them what to do instead of thinking for themselves. Sadly, time is rapidly running out and a lot of people are going to end up getting totally blindsided by what is coming. The man in charge of our financial system, Federal Reserve Chairman Ben Bernanke, is not going to save our economy. He didn’t see the last financial crisis coming, and even after things started falling apart he continued to insist that housing prices would not go down and that we would not have a recession. Well, it turned out that we had the worst housing crash and the worst recession since the Great Depression of the 1930s. The Euro’s Demise Has Been Set in Motion: Are you protected? "Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors." But still millions of Americans are trusting him to save us this time around. It isn’t going to happen. The truth is that the design of the Federal Reserve system itself is fundamentally flawed. The biggest reason why the U.S. government is 16 trillion dollars in debt is because the system is designed to create gigantic amounts of government debt. Yes, without a doubt the vast majority of our politicians are corrupt and/or incompetent, but even if we replaced every single one of them our economic problems would still persist until the underlying structural problems were addressed. Most Americans are pinning their hopes for an economic turnaround on the upcoming election, but the truth is that neither Obama or Romney has a plan that will fix things. That statement is going to upset a lot of people on both sides of the political spectrum, but it is true. Over the past 40 years the total amount of all debt in the United States has gone from less than 2 trillion dollars to almost 55 trillion dollars. This bubble is going to burst no matter which political party is in power. Obama and the Democrats have tried to kick the can down the road and extend the party by spending 5.3 trillion borrowed dollars over the past 4 years, but by doing so they have made our long-term problems far worse. The next wave of the economic crisis is fast approaching and people need to get prepared. So what do I mean by that? Well, “preparation” is going to look different for each family, but there are some general principles that apply to almost everyone. For example, during an economic collapse hard assets are preferable to paper assets.

America’s Mathematically Certain Nightmare

In coming years, effective tax rates may reach 50, 60, even 70 percent. This will be no socialist paradise. It will be a national nightmare, because even with confiscatory tax rates, politicians will still have no choice but to chop Medicare and Medicaid—leaving tens of millions of people without adequate health care. Retirement ages will be raised well beyond 70. And if you are in the military, start looking for another career, because everything from our aircraft carrier fleet to the man on the beat is going to be mothballed.

Sound unbelievable?

Here it is: One in seven households is on food stamps. Another one in seven Americans receives or lives with someone who gets Medicare. More than one in seven households relies on Social Security. More than one in four has at least one person on Medicaid. One in 50 households has a member relying on unemployment benefits. Thousands more have members on disability.

Add it all up and 49.1 percent—almost half—of America lives in a household where at least one member receives some type of government benefit!

Did you get that? Roughly half of America is on the government dole. Many households receive more than one government handout.

Greek historian Alexander Tyler wrote: “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasury. From that moment on, the majority always votes for the candidates promising the most money from the public treasury, with the result that a democracy always collapses over loose fiscal policy ….”

The democratic process becomes one big race to vote for the politicians promising the biggest handouts. Consequently, government finances continue to erode under the pressure of fulfilling the hundreds of campaign promises necessary only to buy votes. A similar process occurs when spending bills are sent to the House and Senate. To secure the votes needed to pass legislation, each congressman and senator gets his own special spending project included in the bill, to curry his vote.

According to official government statistics, America’s total unfunded liabilities (primarily the amount we have promised voters in Social Security, Medicaid and Medicare) is now over $61 trillion. But the actuaries at the cato Institute, using real-world accounting practices that the government demands businesses use, say the shortfall is actually closer to $119.5 trillion!

Meanwhile, America’s total gdp (the value of all the goods and services produced in the entire country for the year) is only a little over $15 trillion.

USA Today reports that if the government were to actually try to balance its budget, the typical American household would have had to pay nearly allof its income in taxes! That is just to balance the budget, never mind paying down the debt.

Even if starting tomorrow America said it would spend no additional money beyond current outlays for Social Security, Medicare, Medicaid and so on—the nation is still on an inescapable trajectory toward bankruptcy.

America’s national debt, not including retirement liabilities, has already passed our gdp. Once a nation’s debt reaches 90 percent of gdp, the risk of total economic collapse skyrockets. That’s what happened in Greece. It is happening in Spain now.

And if nothing is done, it will happen in America soon too.

America’s debt to gdp ratio is now around 103 percent! The big expenses like ObamaCare haven’t even begun to hit yet—and already the government is forced to borrow one out of every three dollars it spends. And of those borrowed dollars, last year about 40 percent were printed up out of thin air by the Federal Reserve because America couldn’t find any borrowers to lend it money at current rates.

America faces a mathematically certain nightmare. Just like in Greece, our economy is growing too slowly and tax revenues do not get close to covering all our spending “needs.” Programs will be cut. Austerity will come to America. The government will print money. But as sure as 1 plus 1 equals 2, economic collapse is coming to America. The only question is how soon.

Robert Morley

http://www.thetrumpet.com/9481.8351.0.0/economy/americas-mathematically-certain-nightmare