Tuesday, September 02, 2008

You Can't Handle the Truth!

Jack Nicholson's climatic speech in Rob Reiner's masterpiece, A Few Good Men sums up, in indirect fashion, the complete lack of truth being expressed by Obama or McCain in stating just how dire the situation is for the US (and the world). For starters:

1. The Forth Amendment is dead courtesy of the 2008 FISA bill.
2. The end of oil is nigh.
3. The Credit Card bomb is primed to explode.
4. Inflation is moving toward double digits.
5. Britain's economic crisis is the worst in 60 years.
6. Global Warming is accelerating beyond all predictions.
7. The Fannie Mae/Mac debacle will impact US Taxpayers big time.
7a. For more info, read Chapter II on the FM disaster.
7b. It gets better, the boys at Fannie Mae/Mac get golden parachutes for doing such good work.
8. The Next Banking Crisis is coming.
9. The U.S. government is on a ‘burning platform’ of unsustainable policies
10. The US Trade imbalance averages about 750 billion/year.
11. The 3 Trillion dollar war needs no explanation.
12. The 650 billion dollar defense budget.
13. Health Care costs will amount to 20% of the GDP (Gross Domestic Product) or 4.2 trillion dollars by 2016.
14. Baby boomer retirement & the impact it will have on Social Security is another great unknown.
15. Coherent US Foreign policy - there isn't any.
16. Climate Change is here, the full ramifications of same, unknown.
& last but not least...

David Walker is the canary no one in power listens to but maybe, just maybe the two presidential candidates should if they want the US to survive this perfect storm given to us courtesy of Congress, the BA and the Military- Industrial Complex.


Anonymous said...

This probably the most sobering wake-up call to our economic future to date. Time to get real and take action.

Robert E. said...

Thanks for the kind and smart comment. I totally agree that we have to get real and take back our country before it's too late. It's too bad the press and our sad politicians don't agree.