Wake-Up Call - 07/18/11

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Hung Out To Dry

You, the American public, are being used by the federal government as the collateral behind the money which it borrows from abroad. This is the same phenomenon worldwide as per the global sovereign debt crisis. The current bust follows over thirty years of zero growth (after subtracting out government borrowing/spending). The US is a police state according to Andrew Kolin’s new book, “State Power and Democracy: Before and During The Presidency Of George W. Bush”. America shares the all the attributes of a third-world police state. Kolin describes the horror of the Patriot Act. The President is acquiring all the hallmarks of a dictator. The terrible cost in financial and human terms of what are turning out to be the longest and most expensive wars in US history. Greece is nearing the ultimate moment of truth. Its crisis is coming down to the final innings.