October 1, 2009
By Douglas McIntosh

I realize I am probably singing to the choir here, but one of the things I have done over the last 11 years is sound the warning on excessive debt: all levels of debt, consumer, corporate and state, city, county and federal debt. Judging by the massive increases in all types of debt over the last 11 years, I must confess I have failed. I have failed to impress upon the people who make the financial decisions in this rotting corpse I call the deceased American Republic. Not from lack of trying mind you. I can truthfully say that I have been among the chorus of economic doomers howling at the moon. Still, since we are in the economic condition we are in, it is obvious the message didn't get through. I do cut myself some slack due to the fact it is the civilian version of the military industrial complex I am dealing with here. I call it the construction, corruption and government complex.

My view is the reason I have failed to penetrate the armor plating overlapping the elite's brain is they are simply too corrupt, too blind and too arrogant to see what I see. You can lead a horse to water, but you can't make it drink. Trying to do it with a jackass is even more difficult. What we are dealing with in the economic sphere in the USA is not so much an economic issue. The real issue is the moral corruption of both the elite and the populace by greed and fraud. The system is corrupt. At all levels. It's the corruption, stupid.

Nowhere is this corruption, and the reason for my failure to have a significant impact on our debt sloshed society, more clearly evident than in the federal deficit numbers. They are simply beyond any rational reason at this point. Lenin was quoted as saying, "Capitalism would spend itself to death." The USA is not quite dead yet. We are at the point where we still wave our arms at the economic vultures landed on the ground next to us and staring with excitement at the prospect of pecking our eyes out.

There is a web site called usdebtclock.org which chronicles the United States decline from independent republic to Superpower; then to Imperial Empire and finally, our current slide into economic farce. In economic terms the USA is fast becoming a global panhandler hitting up everyone on the planet for spare change to feed our debt addiction. Now that the federal fiscal year 2009 is coming to a close, we can look at the farce in clearer focus. He ain't pretty, but he is my government.

The first figures show the "official" US government debt is in 11.8 TRILLION range. I will round it out to 12 TRILLION. This "official" US government debt is based upon a total Gross Domestic product, or GDP, of a little over 10.3 TRILLION dollars. Our "official" federal debt now exceeds our total GDP by 1.5 TRILLION. I can remember a time when Jimmy Carter was being criticized for having a budget deficit of $100 BILLION. Obama is currently running a budget deficit of 1.4 TRILLION dollars, or 14% of the total American GDP. Total federal government expenditures were in the 3 TRILLION range with actual tax revenues, including the social security payroll tax, in the 1.5 TRILLION range. The USA currently pays for around 50% of its actual expenditures. The other 50% is on the global credit card.

One of the things which has confounded me over the last decade is the willful denial of economic reality. As I wrote essay after essay on the lethal history of debt, it was business as usual in America. Few cared we were running up the credit card bill. Even fewer seemed inclined to do anything about it. At all levels of American society there was a shared assumption that debt didn't matter; at all levels there was a basic assumption that somehow and someway "they" would deal with it. Exactly who "they" were I could never exactly figure out. I have finally concluded the American system, its government and populace, are simply ignoring the concept of debt repayment. Even though foreigners own some 3 TRILLION of this debt, or over 30% worth of our GDP, we seem to assume "they" don't or won't care if we never pay it back. Of course, the racket is a sweet one for the NWO controlled Federal Reserve. One of the biggest expenditures of tax money is on interest payments to the very corrupt Federal Reserve system and its banks which created the debt in the first place. Circular economic incest is what I like to call it. Why should a corrupt system listen to a doomer like moi when they are paid some 355 BILLION dollars a year in interest? Its the system, stupid.

The Federal Reserve, after nearly a century of looting and raping the American taxpayer, is now in the end game. In addition to the $355 Billion they loot directly from taxpayers, the Fed engaged in the most openly corrupt, openly criminal economic fraud in the entire history of the deceased American Republic; namely, the so called bailouts. The vile Federal Reserve, not content with $355 Billion a year in tribute, brazenly stole several TRILLION in the bailouts of 2008 and 2009. The sheer arrogance and gall of these insolent New World Pigs is beyond words. Now that the Federal Reserve has sucked the economic blood out the American economy they will let it collapse in agony and chaos, until they can start their sickening game of economic exploitation all over again. Not only is the circle unbroken, the corruption is also.

In my view, what we are witnessing in the economic sphere is nothing less than the destruction of America's society and culture. The hammer blows of economic corruption, illegal immigration; the increasing criminal penalties of everyday activities by citizens has as its goal nothing less than the destruction of the American way of life. The political, cultural and spiritual values and ideology of the historical American Republic are being ripped apart by this elite group of common criminals currently in positions of economic, political, cultural, media and corporate leadership in the USA.

We are now in a situation in the USA where the normal citizen now has very little left to lose. The NWO makes no pretense anymore. The treatment of the protesters at the Global 20 meeting shows the true hatred and contempt our leadership has for the common people. By the way, last year I wrote that the G-20 had clearly stated they were now in charge of the global economy. Some people disputed that statement; however, watching the events at this G-20 meeting it is clear to me they are now moving into the execution, literally, phase of global control.

I am not afraid of you NWO types. All you can do is kill me. Robert Heinlein wrote that you can kill a free man, but not enslave him. In the US since November 2008 over 1 million weapons and one BILLION rounds of ammo have been sold per MONTH.

There is a line in the sand you NWO slugs and thugs. There is a time for words and a time for weapons. There are still some of us in America who will not stand idly by while you finish gutting and filleting what is left of the American Republic. The most dangerous people are not those with everything to gain. The most dangerous people are those with nothing left to lose. The basic problem with the New World Order is they don't know when to stop. The arrogance of the NWO is so large they cannot actually imagine anyone opposing them in any way at all. We shall see about that you criminals. Like the Marine Sergeant said leading his men out of the trenches in World War One, "Come on you apes, we all gotta die sometime."

I will tell you NWO Echelon types reading this one final thing. You may start it, but patriots will finish it. And if we fail, so what? It is better to try and die than to live under this insolent, corrupt and vicious system you have created for your own pleasure and comfort. In the Chinese book on War the author says to be sure to leave a way for the enemy army to escape, since if you do not they will fight you tooth and nail. You New World Order slugs have left no room for compromise with your Imperial edicts and your arrogant attitudes. So be it. What happens is on you.

I am a most fortunate revolutionary, if standing for the traditions and beliefs of the historical American Republic makes one a revolutionary these days, in that I don't have to overthrow your corrupt and incompetent system: all I have to do is wait for it to implode. I am disciplined. I am patient. I will wait. Then you NWO slugs will be paid back in full for every insult, every insolent act, every criminal act and every brutal and vicious act you have taken against freedom, against truth, against justice and against patriots in your long and brutal reign of terror. On that day, after the treason trials, there will not be enough rope in America.