Last week the financial markets were roiled by Standard & Poor's announcement that they will change their outlook on the fiscal health of the United States over the next two years from stable to negative. The administration decried this decision as political. However, it seems to Congressman Ron Paul that the only political thing about this decision is the fact that it took so long.
The Washington Post recently reported that the White House and the Treasury Department put tremendous pressure on S&P not to do this. Ron Paul notes that if S&P made its ratings based on political pressures rather than economic reality, it would cease to have any relevance to the business community. Even if S&P delayed its announcement that U.S. government bond market would be downgraded, at some point it would become obvious that the finances of Uncle Sam are out of control and Obama is out of touch. All credibility would be lost if S&P simply continued to assign U.S. debt a AAA rating.
S&P noted in its announcement that negotiations among leaders in Washington to address deficit concerns did not sound promising, and expressed skepticism that politicians could agree to any viable budget compromise. Ron Paul points out this has been obvious for years but in the midst of the current debate over raising the debt limit it is perhaps the wake-up call that Washington needs.
Ron Paul notes that for decades politicians and government officials have been able to maintain their denial about American real financial situation, patching the system together by passing emergency and supplemental funding bills, issuing more debt, and allowing the Federal Reserve and foreign creditors to paper over deficits with more monetary expansion. Ron Paul has said many times the real day of reckoning comes when fiscal and monetary tricks no longer work and there are no buyers for our debt.
Even the most conservative budget that has been proposed by Republican leadership requires raising the debt ceiling by an additional $9 trillion by 2021. This demonstrates absolutely that no one in power right now has any real intention of addressing our spending problems or paying down the debt. They simply expect to continue to borrow and run up more debt forever, without limit. Yet they always imagine our dollar will have value no matter how many we print. This expectation is foolish and naïve. Ron Paul guarantees that those buying American debt are not foolish and naïve enough to go along with this charade forever.
Ron Paul muses the S&P announcement may just be the harbinger of economic realities acting as a restraint on government expansion. Government is not anxious to cap its own growth, in spite of misnomers like "debt limit" or "deficit reduction". Government will continue to grow like a cancer, sapping America of its wealth and freedom until the laws of economics no longer can be ignored, and America deteriorates to the miserable level of Greece.
October 18 confirmed that the Greek government, not the Turkish government, is the enemy of the Greek people! Marilizardist Papandreou of Graecokleptocracy crossed the Rubicon on October 18, 2010, when his Merciless Marilizard destroyed a distinguished professor and dissident blogger, in order to appease Premier Erdogan of Turkey! That's why the Global Tax Revolt declared October 18 as the International Day Against Cybercop Brutality. http://groups.yahoo.com/group/globaltaxrevolt
The impunity of the 300 Graecokleptocrats of the Grand Brothel on Syntagma Square is the most freakish thing on Earth. Even though they looted many billion euros in kickbacks and churning, not a single Graecokleptocrat has ever gone to jail! They are protected by the parliamentary immunity, and nobody can touch them, no matter what. Moreover, they have the nerve to jail dissident bloggers. It's a long way from the 300 Spartans of Leonidas! Allons enfants de la Grece!
Marilizardist Graecokleptocrats are the #1 enemy of the Greek people. That's why they are scared to walk on the streets of Athens. They know Athenians will attack them! Kleptocracy, Marilizardism, perjury, and cybercop brutality are galloping in Greece, the most corrupt country of Fourth Reich, but Premier George Papandreou of October-18 infamy, Merciless Marilizard's boss, speaks no evil, hears no evil, and sees no evil. Selective hearing is a symptom of the cancer of kleptocracy!
Atlas shrugged in Marilizardist Graecokleptocracy. It's impossible for Greeks to produce when Marilizardist Graecokleptocrats loot them with heavy taxes, especially the 23% VAT, demand kickbacks, confiscate computers and personal files, impose stupid laws and regulations, harass dissident bloggers, condone cybercop brutality, and spread the cancer of socialism.
Greeks, robbed at gunpoint by Graecokleptocrats, survive by schemes, fraud, sinecures, and mugging each other. Rousfeti means expensive political favors, which pervade everything from hiring public employees to property deals. Tax evaders and law breakers receive visits from officials eager to collect kickbacks. In return for leaving the guilty untouched, officials receive fakelaki, envelope containing bribe in cash. The standard rate for kickbacks is 10% of the forfeited penalty. Desperate Greeks now pray for either anarchy or a new dictatorship! Allons enfants de la Grece!
Gregory means fast in Greek. Gregory's tax is fakelaki for fast service. Without it, you will wait forever! All Athenians know very well that without Gregory they might have to wait months before a state IKA physician could see them. If you want a surgery, you might have to give an IKA surgeon a 5,000 euros kickback, that beloved Gregory! The surgeon would ask you how is Gregory. If you do not present Gregory, you will have to come back to IKA months later to answer the same question. If Gregory is not fat enough, the IKA surgeon might pseudoforget his scissors inside you! Allons enfants de la Grece!
Global Tax Revolt declares Marilizardist Graecokleptocracy, the cradle of kleptocracy, is the most disgusting gagger of dissident bloggers. Abolishing Marilizardism, kleptocracy, and cybercop brutality in modern Greece, the most corrupt country of Fourth Reich, will prove even more futile than the famous search by Diogenes for an honest man in Ancient Greece. Marilizardist Graecokleptocracy is now George Orwell's Dystopia with Minitrue(Education), Miniluv(Police), Miniplenty(Economy), Minipax(Defense), and Minidip(Foreign Affairs). Anarchy would be a much better system for Greece than the present kleptocracy.
Marilizardism, terrorizing dissident bloggers, is a new tool of kleptocrats. Tunisians, Egyptians, and Libyans got rid of their kleptocrats. Now it's high time for Greeks to get rid of October-18 mafiosi, Marilizardist Graecokleptocrats, and Graecocybercops. Greece is the next domino. We stand in solidarity with the people of Greece in their demands for an end to Marilizardist Graecokleptocracy and cybercop brutality. We stand in defiance against all those Marilizardist Graecokleptocrats who try to suppress the growing movement of Greek people standing up for their rights, facing down injustice, and offering hope for a better world. Please show your solidarity and defiance by wearing blue and white, the colors of the Greek flag. Allons enfants de la Grece!
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