Friday, June 17, 2011

The Coming Crash of 2013





If you viewed the video of Ann Coulter taking on Whoopi and Joy from my last eblast, you would have seen Coulter referencing Peter Ferrara. If you missed the video, here it is: http://www.youtube.com/v/ltLXQ13Ve_8?version=3

Below is from the American Spectator, Peter Ferrara’s The Coming Crash of 2013:


'Because of the willfully mindless irresponsibility and ideological
self-indulgence of Obamanomics, America is mortally vulnerable to another
recession at any time soon. The result would be precisely the national
bankruptcy of Greece, where we cannot raise in the world credit markets the
further debt to finance what will be well over half of our budgeted federal
spending. We are already borrowing and adding to the debt to finance 43% of our
federal spending today.

That is bad enough for a puny, insignificant nation like Greece, where riots increasingly leave the government dysfunctional, with the EU likely to take over the country effectively. But what is the effect when that happens to the world’s supposed superpower? America financed World War II by running up our national debt to its all-time record as a percent of GDP (for now). But that won’t be possible when we have already run ourselves into
national bankruptcy.

Our potential military enemies will be quite aware of this historic vulnerability of America. Just as Reagan brought us Peace through Strength, Obamanomics will be inviting War through Weakness. With a 2013 American economic collapse that will also disable the entire West, the world’s uncivilized rogues from Russia, to China, to North Korea, to the Middle East Islamists dreaming of renewed world conquest, will all be tempted probably beyond resistance and reason to strike. They don’t need even to attack the homeland to deal America a decisive defeat. They can just decimate our suddenly overwhelmed allies, from Israel to South Korea to Taiwan to our allies in the Middle East, let alone some even in Europe.

The only way to get off this bullet train to oblivion is to radically reverse Obamanomics in dogged detail.
The American people get one more chance to do that in 2012.

2012 is not the last chance for America. It is the last chance for the planet – period.

If Obama, the Democrats and RINO traitors are allowed to completely
destroy the American economy, America’s multiple enemies will almost certainly
unite to wipe the United States of America and its few remaining allies off the
map.

This isn’t about recession versus depression, this is about survival versus annihilation.

Once America falls, world totalitarian dictatorship will quickly follow. Civilization, as we know it will end.

Those are the stakes readers. Sorry to be so blunt and bleak, but that is what we are facing if Obama is not defeated, and the republic not turned around, in only a few short months time.

If Obama and his allies are not defeated in 2012, the West may possibly survive, but only by a miracle, not by our own efforts. We can all believe in miracles, but would you bet your child’s life on one? '
To read the entire post, click here: http://richmondpatriots.ning.com/profiles/blogs/the-coming-crash-of-2013-by

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