Decline In American Prosperity & Decrease In Personal Freedom

Page 1

DOOMSDAY MECHANISMS The decline of American prosperity; the increase in the size of government; the decrease in personal freedom; the growth of taxes; evidence that this is according to plan by an elite ruling group which hopes to merge the United States into world government on the basis of "equality" with lessdeveloped nations; the environmentalist movement shown to be an outgrowth of that plan. That's enough history for one book. It now is time to reset the coordinates on our time machine and jump into the future. Before activating that switch, let's take one last look around us. The future is molded by the present. Where we are now will affect where we are going to be.

MIRED IN DEBT One of the most obvious characteristics of our present time is that we are mired in debt. Federal deficits have grown steadily since 1950, and the rate of growth is in a vertical climb It took 198 years for the government to borrow the first trillion dollars. Then, in just twelve years—mostly under the Reagan Administration—it borrowed another three trillion. By the first year of the George W. Bush Administration, even before the terrorist attack on September 11, the federal debt had risen to over $5.8 trillion. By 2010, it had risen to $202 trillion when all liabilities are included. 1 It is difficult to comprehend such numbers. If you had a stack of $100 bills 40 inches high, you would be a millionaire. $202 trillion would rise over 127 thousand miles into space. By the time you read this, after the expenditueres of subsequent CFR administrations, it will touch the Moon. 1. "Enron Accounting Has Bankrupted America," Yahoo, Aug. 23, 2010 (Net)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Decline In American Prosperity & Decrease In Personal Freedom by Peter Palms - Issuu