The Horse Sense Blog compares the nonsense in today's news with good ol' fashioned horse sense


“…I shall speak forth my sentiments freely and without reserve.… It is only in this way that we can hope to arrive at truth, and fulfill the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings.” - Patrick Henry, March 23, 1775


"The further a society drifts from truth the more it will hate those who speak it." - George Orwell

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Tuesday, September 4, 2012

Guaranteeing America's Demise

Here’s the Nonsense:  President Obama has worked hard to get America on a course to solve our problems.  While his solutions have had a slow start, he is heading us in the right direction.

Here’s the Horse Sense:  President Obama’s solutions have failed, just as they have for every nation that’s tried them.  Romney/Ryan offer leadership willing to take responsibility and make hard decisions to save America. Obama/Biden only offer unwillingness to face their failure and seek solutions that work.

Many countries are facing financial troubles that have them headed for disaster and their politicians keep repeating their actions proving that they are not only fulfilling Einstein’s definition of insanity (repeating the same thing and expecting different results), but also that they have no answers to fix the world’s problems.  Most politicians in the world continue to repeat the same methods to “fix” economic problems.  President Obama and many American politicians do the same thing.  And in doing so they are only guaranteeing America’s demise. 

For some reason politicians throughout the world have grabbed onto the idea that you can get out of debt and become prosperous by going further into debt.  This is an idea that makes absolutely no sense and yet people today buy into it, our president and many elected officials being some of them.

Jim Rogers, the co-founder of the Quantum Fund with George Soros stated in an interview recently:

"There are going to be more problems coming out of Europe," he said. "You have got countries that are essentially bankrupt. Nobody is dealing with the problems in Europe. You look at everyone out there. They all have higher debts and all of their projections, maybe Bulgaria and one or two more countries do not have higher debts in their projections, but everybody has got increasing debt. The solution to too much debt is not more debt."

This is exactly what is happening in America.  We continue to go further and further into debt expecting that it will make things better.  I can assure you it will not.  We are rapidly approaching a point of no return where it will be too late to save America from collapse.

In my new book, No Tomorrows:  How To Halt America’s Imminent Collapse And Return To The American Dream – And Why It Must Start WithThe 2012 Elections, I identify the 3 core problems that will destroy America before the end of the next presidential term and show the solutions to those problems.  One of those problems is our debt.  We cannot continue to go further and further into debt and expect to survive.  Our entire economy is driven by our debt.  Jobs, prosperity, our entire economy are driven by our debt. 

President Obama and the left continue to drive our nation further and further into debt while trying to make us believe that the policies of George W. Bush are at fault for our problems.  While some of Bush’s actions were foolish and wrong, such as abandoning the free market system to save the free market system, the accusation that he was at fault for the core problem that led to the economic meltdown, the mortgage crisis, is wrong.  Herman Cain, in an extremely well written piece about this says:

Unsurprisingly, the Obama Administration’s policies have not made things better – in part because Obama has doubled down on the dumb idea of prosperity through debt. Not only has he exploded the federal government’s debt, he continues pushing banks to lend lavishly, encourages students to take on massive education loans (student loan debt is quickly approaching $1 trillion; there’s your next big financial crisis) and pushes the Federal Reserve to keep interest rates artificially low so credit will be easy.

And for people facing foreclosure on homes they never should have purchased in the first place, Obama pressures banks to keep them in the homes. What do you think that’s going to do? It’s going to keep these folks under financial strain while saddling the banks with more high-risk loans – the very thing that led the mortgage market to collapse in 2008. The people would be better off finding more affordable accommodations. The banks would be better off cutting their losses and re-selling the homes at realistic prices to more stable buyers. But none of this will happen because Obama refuses to let the market work as it should.

Continual increase in debt, both consumer and government debt, has put us in a position where we now face imminent collapse and this administration has no clue how to fix it.

During the Republican National Convention last week Paul Ryan talked about the need to solve our debt crisis.  A well-known “conservative” (or so he calls himself) financial guru in the media spoke out and said that Ryan should be talking more about growth and less about debt.  That so-called guru is wrong.  We must face our problems and deal with them if we are to solve them, turn this nation around, and survive and thrive once again.  Romney and Ryan are right to tell us the truth and not tickle our ears to make a message more acceptable.  We must grow up and learn to accept truth and learn from it so we can make the changes necessary to save this country.

It seems quite interesting that even in this early stage of the official campaign we are already seeing a stark contrast between Romney/Ryan and Obama/Biden.  Romney/Ryan want us to face our problems, solve them, and move America back to greatness.  Obama/Biden want to ignore and deny our problems, offer no valid solutions, and continue along blindly repeating the same old tired ideas that have been proven over and over to fail. 

A stark contrast is what we need in this election.  We can choose to elect leaders like Romney and Ryan who want to take responsibility and are willing to make the hard decisions necessary to push forward to solutions to save America and return it to greatness for our children and grandchildren.  Or we can choose ignorant and foolish ego maniacs like we have in office now who have no solutions and are more interested in hearing the sound of their own voices than to recognize that their solutions have failed and they need to change course to stop the destruction of our nation before we follow the course countries like Greece are on.

This election is critical for America.  The claim made virtually every election that the election is the most important of our lifetimes is really true this time.   Voters need to realize that this truly is an alarm and call to action.  If we miss this chance there won’t be another one.