Great Article, Mr. Boortz. It wonderful to finally hear this straight from the horses mouth...

Where is Copyleft? I was anxiously awaiting a positive spin on this irresponsible spending.

Honestly don't get upset at Obama. He is just a man. He has a family. I disagree with everything he does practically, but it is not his fault. His hand is being forced I am sure like many others in Washington. If Obama doesn't comply with the NWO financiers they will assassinate him just like they did with John F Kennedy. Biden will quickly pick up where Obama left off and continue the agenda. These people know what is on the line and they have no problem killing you or a President to see their goals met. They don't lose...ever. Only the American people will.

Okay, let me get this straight.

Our elected officials have or are about to bankrupt Social Security and Medicare.

And now they think they have all the kinks worked out to experiment with a Guaranteed Savings Account???

WHAT ARE WE DOING????? We must organized better than ever. It's lunacy run amock in D.C.

I don't own a gun but do know how to use non-ballistic weapons.

Our current president isn't fit to bag grocieries much less balance a checkbook and he sees fit to slash Chryslers advertising budget by half??

He truly is the most arrogant and inexperienced president ever.

Okay, i feel better now....

Nice info. Thank you for that. So where would we be do you think? I would say we are nearing the end of the complacency to apathy stage getting ready for the apathy to dependence stage.

I own a copy of the army survival field manual and some gold. I might have enough gold to get me through the first year of financial Armageddon. What then? I guess that is where the field manual comes in. It’s too bad someone doesn’t write one for surviving in a third world country. I guess Peter Schiff’s two books are as close as you will get. This would be a real opportunity for somebody that lives in a third world country and is literate not always a combination that is easy to find. This is all the result of a tea party but not of course the ones referred to in these comments. It’s the Mad Hatter’s Tea Party going on in Washington D.C. Even though I have spent my life as a computer software techie I am sort of a history buff and know something about finance and economics so I “sort of” know how we got here yet the madness of it all still amazes me. Those who do not learn from history…

PrezBo the dear leader will do just as he did with Chrysler preferred creditors--give them pennies on the dollar. Bless his heart. So no, they won't be completely worthless. Just mostly worthless. I suppose it won't be long thereafter that he "trades" the national debt for, say, Taiwan.

They DO serve a purpose, they educate. Let the MSM ridicule us, many people watching wonder what this is all about and look into it so every time they see it on tv we pick up a few more people going "hmmmmmm, gee there are people out there who think like me...".

It's worth it.

US national debt clock
http://www.brillig.com/debt_clock/

The Obama administration along with the NWO will make sure you aren't scared until they want you to be scared. The amount of trash propaganda flowing through the media today has reached monumental proportions. There it is slapping...no punching you in the face, but yet people still say it is all bs. I almost want to give up on the dumb masses. I mean hell they are GPS tagging people's front doors for God’s sake. The census isn't until next year and that will be handled in the traditional way. This GPS tagging thing is new. What could be the reason the census needs to tag our doors? As far as I know the census ONLY needs to know how many people reside at that residence. I am paranoid that this information could be used to round people up. Think about it. Why would government need to have GPS to find your house? They wouldn't. They would simply use Mapquest or some other map site to find your house. This GPS tech would be used when the Internet is NOT accessible. Obama does have the power to literally shut off the Internet if he thinks a threat over the Internet is a threat to national security. Would the Internet be considered a threat to national security if say hypothetically the economy were to collapse and people were trying to use the Internet to coordinate against the NWO? I would think yes. Hell what if the economic disaster got so bad that parts of the Internet are just not there anymore because the company that supplied the content went under. These things are not out of the realm of possibility. If things got really bad in this country wouldn’t we “require” UN or NATO forces to help FEMA? Those foreign “humanitarian” forces would have literally no clue how to get around in the United States. With the help of GPS tagging that would no longer be a problem. Also I just wanted to throw this in there…isn’t it funny how the MSM is trying to say that the economy is starting to recover? ROTFFLMFAO. I love how two months ago the President of the United States is on TV telling us that this economic disaster is pretty damn grim. Two months later things are already shaping up…HAHA WOOOOOOWWWW. This is after members of his party tell him he is being too pessimistic. Let me just say this. If you believe them and you “invest” your money in the market you will be the chump in the end. This is a last leg effort to steal money from the investors that were still on the fence and think they can cash in big. It is a lie and you will lose your investment. As far as I am concerned your money is already worthless. They just haven’t announced it yet.

i learn something new every day. most of people don't what to learn. or they think the are learning by watching the news every day.

i was a twit. and i still am, partially, until i die. because i will never comprehend why the people put up this, the slavery than been hoisted on their backs. and they don't even know it, and ridicule people who try to tell them about it.

i'll keep fighting

I hate to say it, but I almost have admiration for how skillfully the political class (this includes the stinking Repuglicans) has played me and almost everyone else I know. How can they know just what to do to keep me busting my ass thinking I will be getting ahead and having all my labor go to just keeping my head above water and not just chucking it all and moving to a tropical island and selling adult beverages to tourists. I am a sap. I shall spend the rest of the day plotting my escape, once and for all.

I tell you, it really does amaze me at the people that walk around here completely clueless to what is going on right under their noses. These people continue to wander into a voting booth and either press the Obama button or the McCain button and don't give a second moments thought to what it really means when they do that. Twits.

are for sale. give me your credit card number and i'll ship out today. well, maybe tomorrow. or the next day. or maybe never. :0)

According to DaleC from yesterday, you're a tinfoil hat wearer. Just do as DaleC does and walk around like a zombie and believe the government and banks are looking out for you. According to him, it's the best way to live your lives.

Excellent point, I can see our government giving China equity in some of these government run corporations in exchange.

I mentioned this last week under the bailout post, that borrowing money just leads to more spending to pay back the loan, thus, "justifying," more taxes, etc. etc. Neal's listening to me?!

"...they'll allow you to keep just enough of your wealth to encourage you to keep working so that you can keep funding them."

I wouldn't necessarily take that for granted. More and more gov't programs are geared towards dependency, specifically raising benefits for not working, and taxing the bejesus out of those who make intelligent life decisions and are therefore productive. Why would anyone want to work anymore when it's so much nicer to just do nothing and get paid for it?

If sometime in the future, they defaulted on the amounts held by Americans.