SOVIET AMERICA FACES BANKRUPTCY
By Elaine Meinel Supkis
Bush and his gang, the GOP, move around like in a dream. Or like a spaceship caught in the gravity pool of a black hole. Circling ever lower, knowing what will happen next, unable to make the slightest move to reverse direction, all of them mindlessly spiralling downwards, taking everyone and everything with them. Americans, lulled by Greenspan and the media outlets, sit in their seats, watching this disaster slowly unfold, unable to comprehend the price we will all pay for ignoring the realities of living within one's financial and ecological means.
From Associated Press:
The Senate would give President Bush $50 billion more for wars in Iraq and Afghanistan as part of a $440 billion defense spending measure a panel approved MondayEven as we spend like fiends on our little wars that are spiralling into utter defeat, we can't protect America. The only reason hurricane Rita killed only dozens instead of thousands is due only and entirely to the hurricane slipping sideways into a relatively uninhabited region. Yesterday, Louisiana put the price on fixing itself from both hurricanes at $250 billion dollars. As I detailed here on the blog, the stockmarket is happy because this means tons of money will be spent and it will appear like magic again and we will all see investors become filthy rich off of this huge debt addition.
Reflecting a post-Hurricane Katrina debate about the role of the military in domestic affairs, the bill also will require that the National Guard provide a report on how Guard units in neighboring states can be used to assist those affected by natural disasters.
Sen. Ted Stevens (news, bio, voting record), R-Alaska, the chairman of the defense appropriations subcommittee, said lawmakers and staff members were still working on the language, which will be added when the full Appropriations Committee takes up the measure.
We probably will cross the $8 TRILLION debt thresh hold today. The money ticker is running at light speed now, the spending at its most ridiculous. Here is Greenspan talking like he has a blood clot in the brain:From the Herald Sun:
THOUGH mortgage debt was rising, most Americans have built up so much equity in their homes that they could weather a house price drop without serious harm, US Federal Reserve Chairman Alan Greenspan said overnight.He says that most people are less than 90% in debt on their mortgages and home loans...of course, this pig of a man won't talk about credit card debt, too! Like his nonstop lying about our budget deficits ever since his fellow Skull and Bones conspiritor took over America, note that Kerry, too, part of this conspiracy, never says a peep about all this!--well, the Devil is Death and debt is one of the four horsemen or aught to be.
"The vast majority of homeowners have a sizable equity cushion with which to absorb a potential decline in house prices," Mr Greenspan told the American Bankers Association.
The US Fed chief's remarks on house prices were more reassuring than a month ago, when Mr Greenspan told a seminar in Jackson Hole, Wyoming, the housing boom would "inevitably" cool and that there might be price declines.
I have seen housing prices fall here in America. Sometimes rapidly, over 30%. Few Americans own their homes outright, I am one of them. This means, when everyone goes off that old cliff, not only will I not lose my home, I will have equity when I need it in the future. Most people are planning on no future, just wishful dreaming.
Overall, Congress already has given the president about $350 billion for combat and reconstruction in Iraq and Afghanistan and fighting terrorism worldwide since the attacks of Sept. 11, 2001, according to the Congressional Research Service, which writes reports for lawmakers. That total includes $82 billion that lawmakers approved in May.$350+ billion flushed down several toilets! Whew. Homeland Security is a joke. Thousands have died while they fiddled in DC. $350 billion spent on futile wars that made us stark raving mad, brought zero security for al Qaeda strikes at will wherever they desire. They don't hit everywhere at once because the plan that Bin Laden has devised is to be a gadfly and nip at us making us charge about, maddened, spending money like fiends until we go bankrupt.
Americans forget, Bin Laden learned his successful tactics fighting the Soviet Union. He, unlike Americans, knows the Soviets overextended themselves and turned hostile on Muslims after courting them in the Middle East, dividing the community, oppressing many Muslims while bribing/helping others. He and his cohort with money from the CIA worked on bleeding Russia to death while spreading revolutionary dogma. The Soviets went bankrupt and now we filled the exact same spaces that bankrupted the Russians and we are going bankrupt.
Today, we happily announce we killed the number 2 man in al Qaeda. Well, pat ourselves on the back, usually it is Mr. #3. Over and over. A dozen #3s will now be a dozen #2s! Victory!
Excluding war money, the Senate bill totals $390 billion — about $7 billion less than the $397 billion the president had requested for the Defense Department. The House bill totals $364 billion, but it is not directly comparable to the Senate version because some items funded in the Senate defense bill were paid for in non-defense bills in the House.We are doomed.
China has no where near the military machine we have. They are also not bogged down in futile wars, either. And most importantly, they run their government and their people are both not in hock up to the eyebrows.
China on Tuesday launched a military exercise code-named "North Sword 2005" in a training base in the northern Inner Mongolia Autonomous Region.
Forty foreign military officers from 24 countries were invited to observe the exercise at the Zhurihe training base, a tactical drill base in Inner Mongolia.
The exercise was an important multilateral military exchange activity with the presence of the largest number of foreign observers since the founding of New China in 1949, said a Chinese defense official.
The exercise demonstrates the sincere wish of the Chinese army to develop friendly cooperation with foreign armies, said Jia Xiaoning, deputy director of the Chinese Defense Ministry's Foreign Affairs Office.
It will also help enhance mutual trust and understanding, deepen friendship and cooperation, and promote international and regional security cooperation, Jia said.
Jia said the exercise was aimed at fully displaying the new concept of security based on "mutual trust and benefit, equality and cooperation."
Why are we going bankrupt? Aside from cronyism, warlordism and privatization so that simple things that took a tiny bite out of the Pentagon's budget have swollen into huge monsters such as feeding the army. No more KP duty. It is all catered now, at tremendous expense, all the minor items in the budget are now major items. So, to pay for the usual activities, more and more money has to be spent which is why the budget has skyrocketted while the actual function of the military, its abilty to do anything useful, shrinks so rapidly, thousands of Americans are dying thanks to this.
From the Independent:
US forces have fired so many bullets in Iraq and Afghanistan - an estimated 250,000 for every insurgent killed - that American ammunition-makers cannot keep up with demand. As a result the US is having to import supplies from Israel.We went from in the green during Nam into a debt spiral for the same reason. Dropping more bombs in that war than much of WWII, we bombed our own economy. The false wealth of the military/industrial complex made us feel good...until the bill was presented.
A government report says that US forces are now using 1.8 billion rounds of small-arms ammunition a year. The total has more than doubled in five years, largely as a result of the wars in Afghanistan and Iraq, as well as changes in military doctrine.
"The Department of Defense's increased requirements for small- and medium-calibre ammunitions have largely been driven by increased weapons training requirements, dictated by the army's transformation to a more self-sustaining and lethal force - which was accelerated after the attacks of 11 September, 2001 - and by the deployment of forces to conduct recent US military actions in Afghanistan and Iraq," said the report by the General Accounting Office (GAO).
"If they don't do body counts, how can I? But using these figures it works out at around 300,000 bullets per insurgent. Let's round that down to 250,000 so that we are underestimating."These bullets didn't just kill "insurgents", they killed women and children and innocent victims. 100,000 most likely. We are literally spraying Iraq with bombs and bullets hoping we will "win". But the goal is to win hearts and minds and we have no heart and have lost our minds.
And the headline of this story? Gads.
US forced to import bullets from Israel as troops use 250,000 for every rebel killedThis is a headline no American will ever see. Just like there is never mention that our Homeland Security chief is a citizen of Israel and secondarily, a citizen of America. As we go bankrupt, Israel feeds off of us. America's military/industrial complex can't make BULLETS? What? Eh? Do I hear right? We have to outsource this work? Huh? Like, hello! Is anybody home?
Of course, the neo-cons want to funnel as much military dollars to their homeland as possible and it ain't America. Since virtually no one in America is aware of this farce, we sit here, thinking, well, at least the money we are recklessly spending is making American jobs!
Here is the logo of one Israeli company that is in cahoots with the neo cons. They "train" Americans to fight Muslims. Note the vast success of our joint venture. Not.
Note the logo. Typical of neo cons, they know they are pure evil. Black background. An American eagle, in reverse colors so The white head and tail feathers are black, for example. They let us know this is a widdershins act by putting the black tail within the white triangle so you know this is not due to the eagle overflowing the white triangle, it is reversal at work.
The bat/demon hiding behind this American eagle? Hahaha. And people think we shouldn't worry about black magic people who have infested the Skull and Bones government of the New World Order? Take a good look. Is this a sane logo for a defense company?
I can't click and drag the long list of American clients. All are involved in defending America. But none are defending us. They are being trained by Israelis connected with the large group of dual citizens who have taken over the Pentagon and are in cahoots with Bush...who plans to send them off the cliff at the right moment, tagging them as traitors. The Nazi dream come true. Lured by money, conspiring with people whose family has a history of supporting Hitler for crying out loud, the neo cons who are Jewish have gotten themselves into a bear trap they can't get out of. Dependent on America for their wealth, needing to shift as many American jobs to their homeland as possible, conspiring with the owners of the media to do this, all is exactly what the right wingers who are anti Jewish desire.
They will shove Jewish Americans in front of the freight train if we go bankrupt and note, the true conspiritors here, the right wing NEO NAZIS are working hard to to exactly that: overspend like fiends in the open, then blame the Jews.
Nearly 90% of the world's savings is pouring into the USA to allow us to eat candy and piss beer. This isn't because America is a great investment, it isn't at all.
It is a bear trap. We, like the Israelis, are walking into it and when it snaps on us, we will be chained to a tree, bellowing. And we can't save ourselves at that point.
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