Your
MacDougal Post staff first noticed that the Feds were cooking the books while slogging through the bedeviled, inflation-ravaged wasteland otherwise known as the Jimmy Carter years.
Suddenly some of their rosier economic stats had lost any possible
connection to reality, and the more glaring errata getting pooped out of
Washington at that time could no longer be reconciled with audited financials
coming from the private sector and empirical evidence. To us, the national accounts have never
looked right since, and we simply don’t use them in decision-making.
Thursday,
consternation over federal debt totals made another media splash, at least with the fair and balanced crowd over at Fox News, so MacDougal
revisited malfeasance there once again, and we’ve decided to let you in on his
thinking.
MacDougal
thinks that all the poopheads in Washington should be thrown in the slammer,
number crunchers too. Clearly any digit published inside the beltway passes across a political desk prior
to release. Those misbegotten dirtbags have
to be penciling in whatever they want.
Within
each stinking Federal Agency is a high level socioeconomic sociopath who
answers to nobody and is ethically challenged enough to crank out the kind of
malevolent drivel that will let the 1% continue to fleece every single man
woman and trust fund baby in the 99% until the last woebegotten penny is
squeezed out of their destitute, wage-enslaved, sorry-a$$ wealth management
accounts.
Washington
says the Federal Government has rung up a $16.9 trillion National Debt. Everybody else sees it as a staggering $70 trillion or worse. Do you have any idea what the difference is
between 16.9 trillion anythings and 70 trillion of them? Of course you don’t. Neither do we. Nobody does.
Basically, nobody has a clue. We
don’t even understand what the number 1 trillion could possibly be.
Driving
40.2 million times around the equatorial circumference simply does not trigger
a comprehensible electronic impulse inside the human brain to explain what 1
trillion means.
MILEWISE, 70 TRILLION MOTHERF#$%ING
DOLLARS IS LIKE DRIVING YOUR LEXUS AROUND THE EARTH’S EQUATOR 2.814 BILLION MOTHERF#$%ING
TIMES
To
punish high crimes against the crown in Merrie Olde England, our buddies the
Brits used to drag their hopelessly condemned to the gallows bound and roped
behind a horse, and thereupon hanged the miscreant until almost dead, thence disemboweling
alive whatever was left, entrails burned in the process, whereupon anything
that still remained got beheaded and the charred corpse quartered (four limbs, four
horses, one giddyup, and you don’t want to know what happens next). That’s the closest we can come to describing how
our elected officials have been doing the American people since about the time a
prior Mr. President was getting done too, only different, inside the Clinton Oral Office. Screwing with National Debt totals
probably fits in with those entrail burnings during the disembowelment part,
and maybe smoldering for a bit just after that part too.
Off-balance
sheet financing is how they’re going about it, subscribers. Remember Enron? Same kind of thing. The Feds do not fund promises, leaving out
the future cost of political bacchanalia like Social Security, guarantees of student
and mortgage loans and pension benefits, and now Obamacare. That means we’ll be printing money to pay for
the actual benefits when the promised dreams come true, and the day the real extent of that debt is acknowledged, and the monetization needed to cover it starts to get unsprung, interest rates will skyrocket, and financial markets will collapse.
We’ve
written about hyperinflation before.
That’s the biggest fear.
Whatever, financial fraud is the cause, and that’s what we’re covering
here. Washington’s financial fraud. That American voters continue to leave any of
these perps in power should be a lesson to us all. And that lesson is this:
Don’t
leave the house without side-arms, subscribers, and at least one semiautomatic rifle, and stock plenty of ammo in the
pickup. And don’t forget the banana
clips. Boxes and boxes of fully-loaded
banana clips snugged up just inside the tailgate so you can get to them real
quick.
Time’s
coming when you’re gonna be needing every dang one. Every dang fully-loaded 30-round clip.
Could
be coming sooner than you think too.
