Monday, December 27, 2010

2011 isn't going to be such a Happy New Year in the land of Hope & Change as some are thinking.

I hope everybody had a great Christmas, because I have a strong feeling that come 2011, there won't be much to be merry about. Normally I am the eternal optimist, but I see something in the works that has me worried. Of course the media isn't going to air this problem like they would if a Republican was sitting in the White House as president. We all know that the federal government is broke. The dollars that are rolling off the printing presses at the US Bureau of Engraving and Printing which is apart of the Treasury Department might as well be considered funny money to an extent. For as bad as the federal government's outrageous debt level is, nobody is hardly talking about how bad off the states are financially. As I said before, the media has a vested interest in keeping it's readers and viewers in the dark. "It will make Barry look bad". I have to give one media outlet a pass this time and believe it or not it isn't Fox News. The CBS show 60 minutes two weeks ago did a segment story called "the day of reckoning". The story was about how financially distressed many states are right now. The story actually highlighted a major source the problems of these states. State and local municipal unfunded pensions are dragging these municipalities and states down like a lead weights. In the town of Pichard Alabama, the town decided not to pay the pensions of it's retirees. They didn't do it not because they didn't want to do it. They couldn't "afford to do it". They simply don't have the money to do it. Pichard isn't an isolated case. There are estimates that in 2011, 100 cities could go bankrupt due to unfunded pension obligations and crushing debt levels. People who have common sense knew that Obama's "stimulus" money wasn't meant to actually stimulate the economy. It was merely used as "bridge financing" to be used to plug up the state's ballooning deficits. Well come next year, the "stimulus" money runs out, and more then likely their will be no more band aids from Washington with a Republicans super majority in place in the house. There is only one logically conclusion to what is going to happen. The day of reckoning will arrive".

6 Comments:

Blogger Sojournerlove said...

I know what you mean. I just hope we can keep President saboteur and his minions from doing anymore damage. Yes, and the enabling Rinos need to be given the boot as well.

5:23 PM  
Blogger p. anthony allen said...

Don't it kinda make wish McCain had been elected so you could blame it all on him?

5:35 PM  
Blogger Alpha Conservative Male said...

sojournerlove "I know what you mean. I just hope we can keep President saboteur and his minions from doing anymore damage. Yes, and the enabling Rinos need to be given the boot as well."

When the crap hits the fan next year, there will be no Georege W Bush to pin the blame on for the hope & change crowd. This is all on them. One of the main reasons why oil is above $90 dollars a barrel is due to the dollar falling in value due to too much money being printed and circulated. The national debt is also playing a negative role on the dollar valuation. As the dollar weakens commodities increase in value. So when Barry pushed for with his temporary states bailout aka stimulus, that decreased the strength of the dollar. Fiscal conservatives can no where be blamed for this. The RINO's though should shoulder the blame. They are no better then liberal democrats.

p allen "Don't it kinda make wish McCain had been elected so you could blame it all on him?"

Unless where you can show me that McCain has been a big supporter of public sector unions, McLame can't been blamed for what is coming down the track next year. Follow the money, who did the unions both private sector and public overwhelmingly support in 2008? Was it Obama or McCain? Obama bailing out GM and Chrysler was a UAW bailout. I doubt that Obama would use public money we dont' even have to bailout Walmart if it was having financial problems like GM and Chrysler was having.

8:47 PM  
Blogger p. anthony allen said...

CB;"I doubt that Obama would use public money we dont' even have to bailout Walmart if it was having financial problems like GM and Chrysler was having".

Ridiculous! Walmart doesn't manufacture nor produce over 70% of what they sell in the United States. Hell, if Walmart got into financial trouble the Chinese would bail them out!

9:19 PM  
Anonymous Anonymous said...

Death panels will be popular talk in 2011. Dems. tried to keep it secret and they took it out only to put it back inside the bill very sneakyly during the holidays.

Obama made sure he got out of dodge during Christmas after clebrating Ramadam and Bawali The "Christian President" never support anything Christian. But who cares? Muslims are going to commit genocide in Sudan. The south Sudan is Christian and tribalist and the Muslims in the north want to impose Sharia Law over the entire sudan and make Arabic the national language instad of the Dinka language which was spoken before Arabs Muslims invaded and enslavd the blacks.

10:30 PM  
Anonymous Anonymous said...

McCain made sure Obama won the election and sodid the Republicans. The first so-called African-American" President, he took the back seat. The votes he received were obtained because of Sarah Palin. Otherwise he would have gotten only 10%.

Obama is an African American Arab, and probably the only truly African American as his daddy is pure African. Most of us are 40-50 generations removed from Africa.

8:30 PM  

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