Sunday, June 17, 2018

June, 2018, Part 6, Political Class Insanity: The Coming Bankruptcy Of America, Hillary Clinton's Treasonous Behavior, and Another Pelosi Classic

It is another month which means it is again time to review the latest political class insanity from Washington and around the world. Political class insanity takes many forms including the wasting of taxpayer wealth, criminal fraud within government programs, inane and stupid political quotes and actions, the inability to create and implement effective and efficient government programs, stupid and ill performing economic policies and strategies, and other forms of insanity that continue to evolve and surprise and shock us.

Let’s get started:

1) We once did a blog post around the popular song, “Don’t Worry, Be Happy:”


The gist of the post was to point out that any problem you have today with the political class or government stupidity, not to worry. The ever growing and onerous national debt, now over $20 TRILLION, would make any and all problems trivial. This debt burden will crush the economy and our freedoms besides leaving people vulnerable to the economic crash that will come about.

The premise we put forth in that post is still valid if you believe the latest data form the Federal government that was reviewed by Michael Tanner on June 13, 2018 on the National Review website:
  • The latest report from the Social Security trustees estimates that the Social Security system will officially become insolvent in 2034. 
  • That is the year that the Social Security Trust Fund will run out of money if there are no changes to the current Social Security process.
  • If no changes are made, and their forecast is right, sometime around 2034 every Social Security recipient will see about a 21% decrease in their monthly checks since at that time the Social Security Administration (SSA) will only be able to pay out what it receives from taxes.
  • But that really is a fantasy scenario since the Trust fund currently has nothing of value in it, it is only an accounting gimmick that was established during the Johnson administration when Washington politicians decided that they wanted to spend the Social Security wealth and reserves and replaced them with worthless Treasury Department IOUs.
  • In reality, the Social Security process went cash flow negative back in 2009 since since then it could not cover its annual expenses and benefits with its annual tax collection and thus, had to go to the Treasury Department to cover the shortfall with general tax revenue.
  • Also, the Social Security shortfall contributed greatly to the current and growing $20 TRILLION national debt.
  • The most amazing Social Security economic number, however, is that the total unfunded liabilities, on a discounted present value basis, is a mind boggling $37 TRILLION.
  • This means that the Federal government will not have $37 TRILLION available to pay out the benefits that Washington politicians have promised over the next century or so, based on today’s dollar value.
  • To cover just this shortfall, every man, woman, and kid in the country would each have to write a check for about $114,000 just to cover the shortfall, i.e. a family of four would have to pay over $45o,000.
  • How much is a trillion dollars: consider that if you had spent a million dollars a day since the day Christ was born you still would not haves spent a trillion dollars.
  • As horribly bad Social Security is, Medicare is in even worse shape since it will reach its insolvency point in 2026, an amazing three years earlier than what was estimated just a year ago.
  • Medicare’s trust fund has historically been in worse shape than Social Security since it went cash flow negative decades, not years, ago.
  • A worse case estimate puts Medicare’s long term unfunded liabilities at over $50 TRILLION.
  • This year the Federal taxpayer will payout $1 TRILLION to cover Social Security expenses and $700 billion to cover Medicare expenses, mind boggling numbers.
  • These two expense numbers account for 40% of the Federal budget and thus, are primary drivers to the national debt growth.
So don’t worry that Trump is President. Don’t be upset that Hillary Clinton is not yet in jail for her law breaking. Because none of that will matter within ten years or so as the the Federal government, the economy, and our freedoms collapse because no one, absolutely no one in the Washington political class has the courage, brains, and will to make the hard decisions that will prevent Social Security and Medicare being the death of us all. Have a great day!

2) We have made no secret that we feel that Hillary Clinton should be in jail for violating Federal laws as it applies to handling secret government documents. Her use of a private, unsecured computer server in her home violated government laws, regulations and rules, offenses that would have gotten just about everyone else in the country jailed for doing the same thing.

Note: this does not include the other reasons why she should be in jail including but not limited to operating an international money laundering operation, otherwise known as the Clinton Foundation, that traded U.S. government favors for personal gain.

But now we know that it was not just laws she broke but that she may have seriously undermined national security while she was Secretary of State:
  • A recent article by Jack Crowe, writing for the National Review website on June 14, 2018, reported on a recent Congressional report.
  • According to the Congressional investigation, “foreign actors” were able to access Hillary Clinton’s State Department emails because she was illegally using an unsecured computer server.
  • At least one of the email documents accessed contained classified and secret U.S. government information.
  • According to the report: “Documents provided to the Committees show foreign actors obtained access to some of Mrs. Clinton’s emails — including at least one email classified ‘Secret.’” 
  • In addition, email accounts of Clinton’s staff members, which also contained government documents, were also breached.
  • According to the article: “The memo also notes that the “secret” classification, which was applied to at least one of the hacked emails, refers to information that, if disclosed, could “reasonably be expected to cause serious damage to the national security.””
  • Not only did the Congressional report find the breach but FBI documents also confirm the breach.
It is so scary to think that this woman, this lawbreaker, whose actions endangered the national security almost became President. If any American had done anything that was even a fraction as bad as these actions by Clinton they would be in jail. But somehow the Clintons continue to get a free pass to continue breaking laws and self enrichment, often at the expense of our national security and those that actually thought the Clinton Foundation was an actual charity.

3) Let’s wrap up this month’s political class insanity with our most favorite insane politician Nancy Pelosi. No politician has fed this blog with more inane comments and out of touch and out of this world observations than Ms. Pelosi.

And she was recently at it again when she made the following comment regarding the Department of Homeland Security’s policy of separating illegal immigrant children from their illegal immigrant parents when caught for illegally entering the country: “I just don’t even know why there aren’t uprisings all over the country and maybe there will be when people realize that this is a policy they defend. It’s a horrible thing and I don’t see any prospect for legislation here. We do nothing.”

Really? She actually thinks that the majority of Americans are going to take to the streets with pitchforks and torches to defend illegal immigration? She actually thinks that the welfare of illegal immigrants takes precedence over the many, many Americans in this country who are homeless, hungry, drug addicted, and victims of crime? Talk about out of touch with reality.

Where was this passion for taking to the streets when Obama was shredding the First Amendment by weaponizing the IRS to attack his political enemies?
Where was this passion for taking to the streets when Obama was shredding the Fourth Amendment when he was illegally spying on just about every American’s electronic communications? 

Where was the passion for taking to the streets when Obama was treating laws as merely suggestions and deciding unilaterally what laws he would or would not enforce? 

Where this passion for taking to the streets when Obama was doubling the national debt, adding almost $10 TRILLION to the debt?

Give me a break. If you did not get passionate about the horrors and law breaking of the Obama administration, I cannot take you seriously when you talk about this issue that affects a few hundred illegal immigrants. But I will give you credit on one part of your statement: “We [Congress] do nothing.” Truer words have never been spoken, you and the rest of Congress and the Washington political class always “do nothing.”

That will do it for today and this month: Nancy Pelosi never failing to entertain, move evidence showing that Hillary Clinton should be in jail for her lawbreaking and endangering national security, and a country, government, and economy going bankrupt. More insanity next month.


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:

www.loathemygovernment.com

It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.

Please visit the following sites for freedom:

Term Limits Now: http://www.howmuchworsecoulditget.com
http://www.reason.com
http://www.cato.org
http://www.bankruptingamerica.org

http://www.conventionofstates.com
http://www.youtube.com/watch?v=08j0sYUOb5w







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