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How long can the bankrupt American republic attempt to run the world? President Joe Biden is the foreign policy equivalent of an alcoholic. He can’t get enough of U.S. meddling around the world. Although he withdrew American forces from the endless Afghan imbroglio, he has taken the U.S. into a dangerous proxy war against Russia, announced that he is prepared to fight China over Taiwan, and threatened Iran with attack.
Where would he get the money necessary to fight so many conflicts? The U.S. is heading toward national bankruptcy. This course was firmly set by President George W. Bush, who went on a spending spree with a GOP Congress. President Barack Obama supported massive expenditures amid the financial crisis. President Donald Trump encouraged Republicans to spend wildly and did little to restrain Democrats after the latter took control, especially after the spread of Covid-19.
And so it continues. Never mind Treasury Secretary Janet Yellen’s warning that “the US debt path is completely unsustainable under current tax and spending plans.” Every day the Biden administration imagines new programs and expenditures. The latest is the “Build Back Better Lite” bill negotiated with West Virginia Senator Joe Manchin. If enacted, its impact will be to fuel already raging inflation.
The Congressional Budget Office warned of a growing debt burden that eventually will put the average wastrel developing state to shame. Strictly speaking, governments don’t go bankrupt. They become insolvent, renegotiate (or even repudiate) debt, accelerate the printing press, devalue currency, quit paying employees, cut social programs, and take other steps that immiserate their populations. None of them continue to bestride the world like a colossus, subsidizing the defense of allies near and far, intervening in distant hotspots of little importance to their people, ordering the rest of the globe to conform to their dictates, and […]
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We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
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