US Per Capita Debt Now Actually Significantly WORSE Than Greece

One day, not all that long ago, the Greek people woke up to learn that they had a serious, traumatic debt crisis that they couldn’t fix without going through years of pain.  Mind you, it had been going on for years, but neither their political leadership or their mainstream media informed the people of the developing disaster.

One day, not all that long from now, the American people are going to wake up to discover the exact same thing.

We’ve got two things the Greeks don’t have to make us all the more morally culpable for our disaster: 1) the Greek disaster itself; and 2) the greater freedom of information that America had by right until we allowed criminal leftwing propagandists to usurp our constitutional freedom of the press to challenge the status quo and print the truth.

We’re not as bad as Greece; we’re WORSE than Greece.

And when we come crashing down, it will be from a much higher place to a much lower depth.  And there won’t be any European Union bailout to help us.

U.S. per capita government debt worse than Greece
February 23, 2012 3:03pm
by Conn Carroll Senior Editorial Writer

According to a new analysis by the office of Sen. Jeff Sessions, R-Ala., ranking member on the Senate Budget Committee, the United States has a higher per capita debt burden than any European country, including riot-ridden Greece.

Using the most recent data available from the International Monetary Fund, the Senate Budget Committee found that U.S. federal government debt per capita is nearly $45,000. That is almost 15 percent higher than the per capita debt burden of Greece ($38,937).

The Senate Budget Committee also notes that our debt per capita would rise to $75,000 by 2020 if President Obama’s budget became law.

Earlier last month, the U.S. government’s total out standing debt, $15,419,800,222,325, surpassed the nation’s gross domestic product ($15,294,300,000,000).

Let me tell you something: it isn’t for nothing that the most prestigious prize in journalism is named after one of the world’s worst insults to “journalism.”

Barack Obama is leading this nation to a quick suicide that will result in a lingering and painful economic death and the media won’t report the truth.

The beast is coming.

America will fall very soon; and when it falls no nation on earth will have ever deserved to fall more.  Because we should have seen our death coming for decades and we refused to change our ways.  And because we chose as a result to consume a diet of constant lies and demagoguery from the propaganda media (and see another example here).

Jesus, speaking of God’s people Israel who refused to acknowledge reality and accept their promised Messiah, said:

“If you, even you, had only known on this day what would bring you peace–but now it is hidden from your eyes.  The days will come upon you when your enemies will build an embankment against you and encircle you and hem you in on every side.  They will dash you to the ground, you and the children within your walls. They will not leave one stone on another, because you did not recognize the time of God’s coming to you” (Luke 19:42-44).

We are just as determinedly blind as they were; and God will allow this nation to face a complete collapse as a result of our moral stupidity and our hostility to truth and reality.  And while God promised His special people the Jews that He would restore them, He made no such promise to America.  When we go down, there will be no coming back for us.

It will be after the collapse of America and as a result of the collapse of America that the world will be plunged into catastrophe and chaos unlike ever seen in human history as recorded in Revelation chapter Six.  The four horsemen of the apocalypse will ride in to plague the world, representing war, economic disaster, famine and the Antichrist.

The Antichrist will come riding in on his white horse to save the day and unite the world in the aftermath of the staggering disaster that Barack Obama is bringing.  He will be everything that big government liberals have ever dreamed of.  And you can be certain that the mainstream media will love him too.  But in only a few years his big government liberal policies will result in total hell on earth.

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4 Responses to “US Per Capita Debt Now Actually Significantly WORSE Than Greece”

  1. Free Market Capitalist Says:

    Michael,

    This doesn’t have anything to do directly with this post.

    There is a stock trader’s message board that I sometimes frequent.
    The owner of the board is Lee Adler, who uses the board to promote his newsletters and stuff. He has a far left socialist mentallity, and he and I have butted heads on politics quite often.

    Today he reposted an article from Charles Hugh Smith (Of Two Minds) to his main site, The Wall Street Examiner. He encouraged some of his socialist buddies on the message board to comment on the reposted article. Mr. Adler posted his comment.

    I was ready to post my commment, but thought there might be some one way more qualified than me. The article is short and talks about how govnernment regulation is destroying small business.
    Anyway, if you have the time, I would greatly appreciate it if you could post a comment offering a conservative view point. This is right up your alley.

    If you don’t have the time or just don’t feel like it, I completely understand. But if you do, I would be most grateful.

    http://wallstreetexaminer.com/2012/02/25/this-is-small-business-in-america-burdened-crushed-doomed/

  2. You're an idiot! Says:

    Good thing that the debt isn’t because of a couple of unpaid for wars or anything like that. You are truely a stupid human.

  3. Michael Eden Says:

    You’re an idiot (and you truly are),

    Couple of things:

    1) Bush spent $4 trillion over eight years, and Obama demonized him for it. Obama has now spent $6 trillion in only three years – and you are a drooling moron ideologue rather than an intelligent or rational being.

    2) You and your messiah Barry Hussein demonized Bush for the wars and everything for eight years of Bush derangement syndrome, but newsflash: Bush has been gone for going on four years. And Bush WON his war in Iraq. What Bush DIDN’T do was plunge America into a war in Afghanistan that America could NEVER win any more than the Soviet Union could.

    Bush kept our involvement in Afghanistan to a minimum. He defeated the Taliban and kept them at bay and focused on Iraq. You can look at the casualties to see how Obama massively escalated the war in Afghanistan.

    Iraq had a number of features that made it an attractive place to make a stand: an educated population and wide open spaces for our aircraft and armor to manuever stand out in particular. We could fight and win there. Oh, and it’s a nation And in Afghanistan, a country which is almost totally illiterate (and thereby prone to easy manipulation as the “Koran burning” crap is proving as we speak), the mostly mountainous terrain makes American-style warfare virtually impossible. Which is why we are LOSING and are going to pull out in disgrace under Obama’s political timetable.

    Obama demonized Bush for Iraq (the war Bush won) and demanded we fight in Afghanistan (where we’re going to lose). And he ignored his own generals to do so:

    Bob Shrum, who was a high political operative who worked on the Kerry campaign in ’04, wrote a very interesting article in December of last year in which he talked about that campaign, and he said, at the time, the Democrats raised the issue of Afghanistan — and they made it into “the right war” and “the good war” as a way to attack Bush on Iraq. In retrospect, he writes, that it was, perhaps, he said, misleading. Certainly it was not very wise.

    What he really meant to say — or at least I would interpret it — it was utterly cynical. In other words, he’s confessing, in a way, that the Democrats never really supported the Afghan war. It was simply a club with which to bash the [Bush] administration on the Iraq war and pretend that Democrats aren’t anti-war in general, just against the wrong war.

    Well, now they are in power, and they are trapped in a box as a result of that, pretending [when] in opposition that Afghanistan is the good war, the war you have to win, the central war in the war on terror. And obviously [they are] now not terribly interested in it, but stuck.

    And that’s why Obama has this dilemma. He said explicitly on ABC a few weeks ago that he wouldn’t even use the word “victory” in conjunction with Afghanistan.

    And Democrats in Congress have said: If you don’t win this in one year, we’re out of here. He can’t win the war in a year. Everybody knows that, which means he [Obama] has no way out.

    Obama dived America into Afghanistan as a political pretense. And that is demonic of him. Particularly given the fact that he is now desperately trying to bail out of his own stupid war.

    You’re going to blame Bush for the fact that Obama stupidly focused on the war we couldn’t win and pulled out of the one his own vice president said was “one of our greatest achievements”??? Only because you are a truly stupid human (and by the way if you’re going to call me a “truly stupid human” you ought to at least spell it right.

    3), given the fact that DEMOCRATS got us into World War I (Woodrow Wilson, Democrat), World War II (FDR, Democrat), Korea (Harry Truman, Democrat) and Vietnam (LBJ, Democrat), and are every bit as responsible for those wars as Bush was for Iraq, it is breathtakingly stupid and immoral for you to blame Bush’s war for all of our debt. In fact, you are one truly demented S.O.B. to do that, you morally depraved dumbass ideologue.

    4) About the only damn thing the Constitution says the federal government ought to be spending money for is our national defense. And as a result of the fact that Democrats have demonically plunged America into a guaranteed path to bankruptcy.

    Because 5) America’s real debt isn’t a pissant $16 trillion; it is over $211 trillion. And virtually every single penny of that mindboggling unpayable debt was the result of you and your fellow Democrats demonic insanity.

    You’ve got your skull so packed full of fecal matter that your head has got to weight 50,000 pounds.

  4. Michael Eden Says:

    Free Market Capitalist,

    I was rushed for time, and unfortunately couldn’t read the Smith article, but I did read the response by your far left socialist guy, and here’s my quick take:

    Lee Adler says:

    While it is true that brick and mortar businesses certainly face big regulatory challenges, online businesses do not.

    That is simply FALSE. See for one example how Amazon fought and then got squeezed to do something it very definitely did not want to do that will surely hurt its business:

    http://articles.latimes.com/2011/jul/01/business/la-fi-amazon-sales-tax-20110701
    http://articles.latimes.com/2011/sep/08/business/la-fi-amazon-tax-20110908

    Democrats are trying to tax the internet in every way they can. Given the fact that you can’t see the item you’re buying, the biggest advantage to buying online is price. And Democrats are doing everything they can to take that advantage away.

    Adler goes on to say immediately after his first false statement:

    online businesses do not, and businesses which don’t involve retail storefronts don’t face such challenges either.

    Again, that is simply FALSE. Some of the most expensive regulations in America do not involve “retail storefronts.” Manufacturing in particular is being KILLED by envioronmental radicalism:

    http://keystoneenergyforum.com/topics/epa-overreach

    As a result more and more manufacturers are simply leaving:

    https://startthinkingright.wordpress.com/2009/11/21/manufacturers-voting-with-their-feet-as-obama-kills-the-economy/

    The hidden tax of regulation is over $1.7 TRILLION. It is so huge that it literally dwarfs all of our actual taxes!!!

    http://www.humanevents.com/article.php?id=43411

    And look what Obama is doing to the coal industry (hardly a “retail storefront):

    Energy costs are going to “necessarily skyrocket” by 12 percent by 2016 to comply with the regulations that don’t cost anything:

    http://www.washingtontimes.com/news/2011/jul/11/obamas-coal-tax/

    There’s the inconvenient fact that the NUMBER ONE ANSWER to what is most undermining small businesses is REGULATION. According to actual small business owners:

    http://articles.businessinsider.com/2011-10-25/politics/30319286_1_regulation-small-business-owners-gallup

    And financial regulation is killing the bigger businesses:

    https://startthinkingright.wordpress.com/2010/07/22/financial-reform-already-injuring-economy/

    I don’t like to waste my time with folks like this guy. His opinions carry much more weight with him than any of the actual facts.

    When you combine the massive cost of regulation to the fact that Obama has been constantly demagoguing business owners and investors and threatening to raise their taxes, and when you add to that the massive cost of ObamaCare, you guarantee a climate of uncertainty;nobodyknows what their costs will be next year. And they simply do not dare to expand (especially past that “fifty employee” mark that would put them into the ObamaCare crosshairs). And then add to that the enormous cost of Obama’s massive debts that CEOs predicted Obama would bankrupt America with. Obama’s giant debt has already created a gigantic problem of inflation which is only going to get far worse as we keep printing money to “pay” for Obama’s reckless policies.

    Oh, and then add to that the cost of gasoline due to Obama’s utterly failed energy policies, and you’ve got a whole bunch of economy killers, don’t you? Consider that every single penny increase in the price of gas sucks $1.4 billion out of the US economy, and consider the fact that Obama has us paying more for gasoline than ever in history, you’ve got a rather big problem.

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