The Sequester: Budget Crisis or Manufactured Crisis?

[Hatha Sunahara]

One can conclude from reading this (below) that the government's spending problem arises from the fact that they have unlimited credit provided by the Fed. And, since the taxpayers are liable for repayment of all that borrowed money, the congress should represent the interests of the people who are responsible for repaying that debt. But the government irresponsibly represents the interests of the owners of the Fed. Therefore it would be reasonable to argue that the taxpayers are being taxed without representation.

Now, if the government didn't have unlimited credit provided by the Fed, we wouldn't have this spending problem, would we? Doesn't that argue for getting rid of the Fed? The Fed merely enables all forms of government excess. But that was the plan 100 years ago, wasn't it?



http://www.1800politics.com/the-sequester-budget-crisis-or-manufactured-crisis/


Published by Jedidiah Bressman on February 28, 2013


Our government is set to spend $3.5 trillion this year and we are having a “budget crisis” over $85 billion in cuts and even if these cuts were to be made, they would not be from existing programs. They will be cut from money guaranteed to agencies. For example, if the Department of Agriculture was supposed to receive five billion dollars, but only received two billion, that would be considered a cut for the sequester. So does the Obama administration want to make a big deal out of this sequester? Because they have a created a country in which they must keep them in a constant state of worry and fear. If they did not the American people would be able to look into the sequester, and see that it was not a big deal.

What is the craziest part of the entire idea of the sequester is that the president wants to blame republicans for the looming sequester. However, the idea of the sequester originated from the White House. How does the president keep his name out of it? Obama keeps campaigning for his ideas and if he maintains to the public that the republicans are to blame, then the media will back him and so will the American people. However, they need to understand that they are being brainwashed into becoming a part of the Obama tragedy. This tragedy is where the government tries to legislate prosperity to those who are not as ‘lucky’ as those who have money. Then he passes laws into affect that lead the people on to believe one thing, but then another happens. Must I remind you about Obamacare? “This is not a tax,” Obama emphatically stated. However, what did the Supreme Court rule? They ruled that Obamacare was a tax and it did not do anything close to what they president wanted! We now see that the program is under-funded. Now they are asking for money!


In this country we do not have an income problem, we have a spending problem. While the president says that we need to tax the rich more and make them pay their fair share, which would not solve the problem. According to multiple sources, if the government were to tax the top two percent of Americans at 100%, it would run the government for less than a month. So, how is it that we cannot find somewhere to cut spending? Why can’t we cut some of the president’s vacations? He seems content on taking multiple trips on the taxpayer’s dime. I am not content with him spending time golfing with Tiger Woods. He should be spending time in the White House, not spending my money, but working on reducing the debt.

Finally, how can he blame republicans? The senate has not passed a budget since Obama has become president. Maybe the sequester is the kick that Obama needs to make some compromise with republicans on the topic of spending cuts.




Hatha

[jimswift]

http://www.youtube.com/watch?v=ehh77k0rgPs
http://www.youtube.com/watch?v=ehh77k0rgPs

Bachmann questioning Bernank

http://www.youtube.com/watch?feature=player_embedded&v=NsZaaV5JSEs
http://www.youtube.com/watch?feature=player_embedded&v=NsZaaV5JSEs

[iOWNme]

I dont have a TV, and dont listen to the radio.

I have heard several people lately talking about this, which instantly showed me that this is of NO importance, and that there is something else going on right now they dont want you looking at.

[Hatha Sunahara]

You're probably right, SJ--might be that they are planning to do a gun grab, or that Europe, particularly Greece may be ready to erupt in violence, and they have Blackwater there to protect the banksters and politicians. Or it could be that they are planning to go to war in Syria, or it could be some impending false flag scheduled for sometime soon.

The 'Sequester' is something I look at using this analogy: Assume you have a 17 year old kid who has been given a credit card by a bank with no limit on how much he can charge on it. You are responsible for repaying the borrowed money, and the kid has a court order that docks your paycheck for his support. The kid has racked up $17 trillion on the credit card, and wants to rack up a lot more, so him and the bank have joined up to make you pay for it. They can sense your objection, so they have bought guns and ammunition are hiring an army to force you to pay, whether you want to or not. They know you have some guns to protect yourself, so they are trying to get a court order to make you give up your guns. There is no way the bank can go bankrupt, and no way the kid will stop spending money. So, to appease you a little, and to buy themselves more time, they have promised to put a temporary hold on spending, while increasing the amount you have to contribute to the kid's income from what is being docked from your paycheck. The kid is supporting a lot of people who don't work. You have no control over his behavior, or his spending. You're about ready to lose your job, and are having trouble making your mortgage payments, and this kid is laughing at you all the way to the bank where he will borrow much more money. And the bank tells you that you can get out of this by letting the kid borrow and spend more money. They use the word 'sequester' which is a euphemism for austerity, which means you have to go without things you need so that this out of control kid can keep spending and that the bank can keep racking up a huge balance so that one day they will own everything because your kid owes them everything you have and then some.

I get a good sense of where we are using this analogy. Just wondering if anyone can help me improve it any.


Hatha

[General of Darkness]

Don't ever let a crisis go to waste.

https://www.youtube.com/watch?v=d1kNXmv8dcA

[gunDriller]

both.

to any kind of addict who is nearing the end of their rope, even if it is a situation of their own creation, it seems like a REAL FVCKING CRISIS - even though it is a crisis of their own creation.

[Twisted Titan]

I dont have a TV, and dont listen to the radio.

I have heard several people lately talking about this, which instantly showed me that this is of NO importance, and that there is something else going on right now they dont want you looking at.


I agree because even myself i had not a clue what this sequester means.

The little bit i gathered was about 82 billion dollars and this is supposedly going to cost astronomical cuts to various services?

[jimswift]

it's craziness, i think the gov spends 4 billion a day currently and they are freaking about not spending 85 billion over ten years into the future.

[Rubberchicken]

Appreciate your thought process Hatha, but I have to answer that it matters not. You know what's going on and it makes no difference. Work daily to provide yourself with an independent lifestyle and protect yourself with some beans, bullets, and bullion.

[Son-of-Liberty]

Of course it is manufactured. Dog and pony show.

It is a reduction in the planned increase in the budget not an actual budget reduction.

The poor government agencies are so hard done by not getting the full planned increase. It is going to be anarchy I tell you!

[messianicdruid]

I get a good sense of where we are using this analogy. Just wondering if anyone can help me improve it any.


Hatha

You talk to your doctor about your stress and depression, and he prescribes some dope. Then they use your diagnosis to confiscate your weapons.

http://www.fromthetrenchesworldreport.com/gun-control-made-easy-and-your-enemies-help/36464/#more-36464

[steel_ag]

not a clue what this sequester means.

The "International Law" version of the definition is interesting; I don't know if it applies ???

4498449945004501

[Hatha Sunahara]

If the government didn't have unlimited credit, we wouldn't be having any financial crises. Or a police state.


Hatha

[mick silver]

at 11:59 there will be a deal made ... you heard it here first

[jimswift]

The "International Law" version of the definition is interesting; I don't know if it applies ???

4498449945004501

yeah, some of those dont sound like cuts.

[Libertytree]

Sequester, schemester...smoke, mirrors and a load of shit to choke on for the gullible masses.

[osoab]

http://libertyunyielding.com/wp-content/uploads/2013/02/Sequester-chart1.jpg

http://www.ipi.org/imgLib/201302222_Overall.jpg


Kabuki Theatre. An engineered crisis. Will it go to waste?

[Hatha Sunahara]

I think in the government they call it 'optics'. The objective is to make it look like you are doing something to solve the problem, when all you are really doing is buying time.


Hatha

[Libertytree]

I think in the government they call it 'optics'. The objective is to make it look like you are doing something to solve the problem, when all you are really doing is buying time.


Hatha

In real life it's called a shell game.

[osoab]

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
There Goes The Sequester (http://www.zerohedge.com/news/2013-03-01/there-goes-sequester)Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 03/01/2013 - 15:37 http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/Debt%20increase%20feb.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/Debt%20increase%20feb.jpg)

[Hatha Sunahara]

Debt held by the Public? Total Public Debt Outstanding? Sounds like we owe it to ourselves. They should call the first one 'Debt owed to the Haves', and the second one "Total collective debt of the Have-Nots'. This is a massive redistribution of wealth right under our noses.

Kinda reminds me of the communist slogan--"From each according to their abilities, to each according to their needs." In Soviet Russia, people maximized their benefits and minimized their contribution. They competed with each other to screw the system the most. This is the way they minimized theft by the system. It resulted in people having to wait in long lines because people didn't produce as much as they demanded, so stuff had to be rationed out.

In soviet America, we redistribute the wealth with taxes and interest on loans, but we need social insurance against unhappy slaves who can't get enough redistributed funds to live, and would be inclined to tip over the whole system. The haves get the benefit of this insurance, while the have nots get to pay for it. And everything else.

Reminds me of the joke about how in capitalism, man exploits man, while in communism it's the exact opposite.


Hatha

[osoab]

Email tells feds to make sequester as painful as promised (http://www.washingtontimes.com/news/2013/mar/5/email-tells-feds-make-sequester-painful-promised/)



In the internal email, Animal and Plant Health Inspection Service (http://www.washingtontimes.com/topics/plant-health-inspection-service/) official Charles Brown (http://www.washingtontimes.com/topics/charles-brown/) said he asked if he could try to spread out the sequester cuts in his region to minimize the impact, and he said he was told not to do anything that would lessen the dire impacts Congress (http://www.washingtontimes.com/topics/congress/) had been warned of.

“We have gone on record with a notification to Congress (http://www.washingtontimes.com/topics/congress/) and whoever else that ‘APHIS (http://www.washingtontimes.com/topics/animal-and-plant-health-inspection-service/) would eliminate assistance to producers in 24 states in managing wildlife damage to the aquaculture industry, unless they provide funding to cover the costs.’ So it is our opinion that however you manage that reduction, you need to make sure you are not contradicting what we said the impact would be,” Mr. Brown (http://www.washingtontimes.com/topics/charles-brown/), in the internal email, said his superiors told him.

[iOWNme]

Do you want to REALLY know why this whole 'sequester' thing doesnt matter in the slightest?


https://www.youtube.com/watch?v=-_N0Cwg5iN4

[Hatha Sunahara]

Greenspan is at least consistent. Many years ago he said the United States can meet all it's obligations, however the Fed could not guarantee purchasing power.

He didn't say anything about not being able to guarantee purchasing power here. Inflating the currency has the exact same effect as default, only instead of having worthless bonds, you have worthless currency. So, go out and buy all the bonds you want, and when they mature, cash them in for worthless money.

And thank Alan Greenspan for your great fortune.


Hatha

[General of Darkness]

So many dick stabs so little time.