>The Black Hole Approaches

>First read this Bloomberg article and this very brief piece from Seeking Alpha.

Then read the latest from Evans-Pritchard in the Telegraph.

You do understand that you, your children, and your grandchildren are being beggared not only to pay for utterly unsustainable domestic entitlement programs, but also to keep European banks afloat, don’t you?

You also get that the 30 trillion Euro (~$39.1 trillion USD) liability figure cited above by AE-P will be backstopped, going forward, in large part by the remaining productive American taxpaying suckers such as you and me, right?

And finally, you do know that we moronic American serfs will receive exactly cock-a-doodle-doo in exchange for this transatlantic thievery, ja?

So what are you going to do about it?

Write a letter?

Make a phone call?

Wave a protest sign?

Cast a vote?

How’s that working out for you?

Even more importantly, how’s your tactics thus far working out for your children and grandchildren?

Do you understand yet?

4 responses to “>The Black Hole Approaches

  1. >Just love reading comments from people who think that because they are an american taxpayer, they are a god. It gives them the right to condemn others and make snide remarks, because they pay "more than their share" and all others are a lower life form.Well folks, time for a wake up call. You've all been duped and swindled out of 20-40% of your earnings because you believe that you are a better citizen than others. The IRS has brainwashed you into total submission, and you never once questioned the lie. How's that for being a smart citizen? When this all blows up, you'll feel pretty stupid for condemning others, when you were truly the fool.0321

  2. >Pete asks:So what are you going to do about it?I am going to the range.www.everydaysurvivalguy.com

  3. >Unemployed people can't pay much in taxes. I guess that's when they'll require Rangel's servitude for all the rest of us. That would be a line in the sand.

  4. >Defender:I COMPLETELY agree.Rangell's proposed servitude edict (HR 5741)is a screaming, shining, glaringly bright line in the sand. At least for the folks in the reading groups and social clubs I know. :-)No doubt. JustinIII