Welcome to Scary Reality.com


This site dives into the subjects most people would rather ignore
politics, religion, money and sex
 

  Many people will look at this site, rationalize "My life is good, this doesn’t affect me, why should I care? Still have my MTV, BET, ESPN"; impervious to danger, like the Captain of the Titanic steaming full speed toward the iceberg ahead.

  Neither you nor I voted for a National Debt of $17.7 trillion ($17,709,322,691,303.06 on 08/21/2014) nor the squandering so far of $11 trillion on interest payments, we are stuck cleaning up this mess.

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  None of the problems listed is insurmountable. The first step in repairing a problem is to acknowledge there is a problem, then figuring out how it came about, so solutions can be implemented. That being said problems will not fix themselves and sometimes shared pain is necessary. For an overview listing of the contents-index; and a start of solutions to fix some of our problems plus a questionnaire please follow the links. This made in Washington D.C. mess did not happen overnight, but has been building up over the course of decades.

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From the Neo-Con blueprint
TYRANNY OF DEBT

  An exceedingly burdensome debt has been created ($17.7 trillion). For the payment of interest it becomes necessary to have recourse to new loans, which do not swallow up but only add to the capital debt. And when this credit is exhausted it becomes necessary by new taxes to cover, not the loan, BUT ONLY THE INTEREST ON IT. These taxes are a debit employed to cover a debit.

“Let me issue and control a nation’s money and I care not who writes the laws.”

Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.

  If the loan bears a charge of 5 per cent, then in twenty years the State vainly pays away in interest a sum equal to the loan borrowed,($17.7 trillion) in forty years it is paying a double sum,($35.4 trillion) in sixty - treble,($53.1 trillion) and all the while the debt remains an unpaid debt.

  When the $11,000,000,000,000 ($11 trillion) already squandered for interest is added to the debt still owed this becomes a lot of money.  This was a great plan for the banks/lenders but a horrible plan for those having to pay the interest!

  When you consider the debt load of Greece or Italy and the austerity measures that they are being forced to endure to borrow money, there is a serious problem approaching. Interest rates on the debt of some Euro-zone countries are now over 7%; doubling the interest rates on U.S. debt would raise our interest to 6.5%; our interest payment would go from $434 billion per year to $878 billion per year, thereby rendering the United States, financially, little more than a glorified third world country.

  It seems that our politicians’ are somewhat confused, the reason a large number of us did not vote for Mr. Romney and the Republicans was because President Obama and the Democrats were viewed as the lesser of two evils, (that is a sad way to run this country).

  As in science, medicine, engineering and even finance there are laws and there are theories, one law that crosses all spectrums is the Law of Unintended Consequences: President Clinton could never have foreseen that Monica Lewinsky would not send her blue dress to the cleaners, but instead leave the stain as a keepsake. The married Speaker of the House and prosecutor at President Clinton's impeachment trial, Newt Gingrich was having an affair while airing Ms. Lewinsky’s dirty laundry. After Gingrich, came the Speaker-designate, Representative Bob Livingston, who announced the end of his candidacy for Speaker and his resignation from Congress from the floor of the House after his own marital infidelity came to light.
  Most people did not care, nor did they want to know about the sexual escapades of Clinton or Gingrich or Livingston. It was the Republican hypocrisy, which became known because of the Law of Unintended Consequences that really ticked people off.

  President George Washington in his farewell speech warned the people of the dangers of Potentates’; Political Parties & Debt: it is too bad that the people have disregarded/ignored his sound advice!

Back to our debt problem
  The greed, maneuvering and hypocrisy of to many elected officials is disgusting. Some of us do not suffer from amnesia, we have a $17.7 trillion debt because the Republicans took this country off the gold standard back in 1971, when Nixon was President, to pay for the War in Vietnam and this country has been living on borrowed money ever since.

  From 1945-1971, the period of the "gold exchange standard", the US fixed the dollar to gold at $35 an ounce. Doubling the price to $70 per oz equals a 100% increase; at $350 an oz that is a 1000% price increase.

 The total amount of gold owned by the U.S. Treasury is 261,498,926 ounces.

  For the United States to go back to the gold standard each ounce of gold that the Federal Government owns would have to be priced over $65,774 (Dec 2013); Leaving the gold standard in 1971 so that paper money without a standard could be printed to pay for the Vietnam War started the slide that let our elected officials in United States run up this disastrous National Debt.

  In 2001 instead of using the surplus money the government was taking in to pay down “our” National Debt, President Bush and the Republicans (G.O.P.) decided to run up a Strategic Deficit (Two unfunded wars and a tax cut), never taking into consideration the law of unintended consequences, (Strategic deficit to cut programs) this plan was concocted while the Republican President Reagan was in office.
  Interest paid out since the start of the Reagan Republican era exceeds $11 trillion! Interest (usury) paid out for fiscal year 2012 which ended Sept. 30 2012 was $434,796,008,919; imagine the infrastructure that could have been repaired, the space programs lost, the medical research that could have been accomplished instead of tossing the people's money away on interest.

  From 1940 through 1963 the highest tax rate was over 80 percent going as high as 94 percent according to the IRS site on tax rates. That is how World War II & the Korean Wars the Interstate Freeway System our bridges and the infrastructure was paid for.

Unfettered "capitalism" is every bit as dangerous as communism and fascism
and

Tyranny is legal when tyrants make the rules


What will it take for the masses to wake up

  Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

  The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

  Despite being warned, President Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most  completely controlled and dominated Governments in the civilized world no longer a  Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow Wilson

  The Federal Reserve Bank (which is not run by the United States government and which came into existence because of the Federal Reserve Act of 1913) is currently engaged in a controversial policy known as quantitative easing, buying $45 billion in Treasuries each month ($540 Billion per year) and $40 billion mortgage-backed securities each month($480 Billion per year) that equals $1,020,000,000,000 ($1.02 trillion).

  One private equity chief went so far as to publicly thank Ben S. Bernanke, the Federal Reserve chairman until last month, whose program of extraordinary economic stimulus has helped push stocks higher, feeding the private equity machine.  “Thank you, Ben Bernanke. I saw him last Thursday, and I thanked him,” Mr. Schwarzman of Blackstone said during a conference in December. “The opportunity for us to be able to attract funds is very, very high.”
  Stephen A. Schwarzman, the head of the Blackstone Group, took home $452.7 million, also more than double what he made in the previous year.

  Invitation Homes: Dallas-based subsidiary of The Blackstone Group has spent $8 billion buying about 43,000 homes nationwide. That's amazing, veterans are homeless and these people only seem to be concerned about fatter returns.

  Yes Ben; thanks for twisting that knife in the back of We The People Ben; now I understand why people are having such a difficult time buying a house.

Jack Lew’s “Extraordinary Measures” on Debt
Why be Disingenuous

Just “Cooking the Books”

  Someone in the Congressional Budget Office needs to walk over to the Treasury Dept Bureau of Public Debt Office.

August 12, 2014

  The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years.
  For the first 10 months of this budget year, the deficit totals $460.5 billion, down 24.2 percent from the same period a year ago.
  The Congressional Budget Office expects this year's deficit to total around $500 billion, down from $680.2 billion last year.

  Wish I could figure out this new math so I could understand where they got their number for the deficit of around $500 billion. Old math makes deficit $971 Billion so far for this year.

Treasury Direct Debt to the Penny

08/21/2014  17,709,322,691,303.06
09/30/2013  16,738,183,526,697.32
Deficit
        971,139,065,705.74

  An internal Goldman memo suggested that speculation by investors accounted for about a third of the price of a barrel of oil. A commissioner at the Commodity Futures Trading Commission, the federal regulator, subsequently used that estimate to calculate that speculation added about $10 per fill-up for the average American driver. Other experts have put the total, combined cost at $200 billion a year.

The Federal Reserve Bank & The Knife in Your Back

  Our elected officials appear to prefer serving the Industrial Spy Complex, Special Interest Banks, Insurance Companies and Hedge Fund Gamblers instead of We The People. Decide to get involved, call your legislative representatives let them know how you feel about $11 trillion squandered so far for interest on our children’s $17.7 trillion National Debt; to repair this mess your involvment is needed; it is your country! Do not expect them to listen right away, you will have to call them again and again, might want to enlist friends and family; Special Interest groups have been wining and dining some of “our” elected officials’ for decades.

Why were the banks allowed to raid the FDIC? Because that is where the money was.

Taken for a Ride Again (4 1/2 min video)

Loophole manufactured, loophole exploited.

Penned 1992

I pledge allegiance to the flag of a nation that is
bankrupt and dying.
Not just financially in this sea of red ink but morally as well.
And to the republic for which it once stood.
Has our sovereignty been signed away?
(Treaties Supersede our Constitution)
Which has forsaken God.
Injustice, greed, lies, debauchery.
Is divisible with special interest groups.
Over 30,000,000 laws.
How many are pay-offs to special interest groups?
And miscarriages of justice for all.
Unfortunately when laws are not enforced equally on all people
justice becomes a joke.


America’s Arrogance, Ignorance & Folly

 Why would Russia fight to keep the Crimean Peninsula in Ukraine and why does Putin appear to not care while American leadership seems to be running around like a chicken with its head cut off?
  Google earth Sevastopol and count the military ships.
  The city Sevastopol on the Crimean Peninsula is home to the Russian Black Sea Fleet. It is also the only real warm water port that Russia has. The bear has no choice but to fight if backed into a corner.

  The law of unintended consequences is reaching back and could very well bite U.S. hard. For those who have never bothered to watch the movie Charlie Wilson’s War you might want to; President Putin was with the KGB during that area.
 
This article excerpted from a speech given by the former Prime Minister Benazir Bhutto of Pakistan delivered 3 years and 1 day before terrorist flew jets into the World Trade Center and Pentagon addressing America’s arming of radical Mujahadeen Afghanistan fighters who were using American missiles to blow up Russian helicopters and tanks should be insightful
 The High Price of the Cold War; this article by Robert Fisk hopefully helps people in the United States understand why so many people in foreign countries do not like American foreign policy U.S. tanks will roll out of Iraq on a road paved with excuses, this has been going on for a long time Also, just some of the unintended consequences of Agent Orange dropped during the war in, Vietnam; Vietnamese children and the effects of Agent Orange

  A financial and moral Coup of the United States has taken place; all is ok, MTV, ESPN and Dancing with the Stars are still on.

YOUR ACTION NEEDED:

Contact your elected representatives in Washington DC and tell them to get over their party differences and get to solutions NOW.  Let them know you are disappointed that $11 trillion has been squandered so far paying interest on the $17.7 trillion National Debt.

Here is a list of contact information Address & Phone Numbers

For the red-neck, blue-collar & Christian crowd (an observation)
also
men's needs, women's needs

This site accepts no outside money and has been online since 2004.

Site contains over 400 articles and runs over 3500 pages.
Have been questioning the wisdom of running up these kinds of debts,
deficits and interest payments dating back to the spring of 1992.

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He served in the Air Force
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