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Effective March 1, 2013, our federal government enacted what they referred to as a ‘sequester’, a series of spending cuts amounting to a mere $85 billion to help alleviate a $1.2 trillion budget deficit for 2013. However, in February, Washington borrowed approximately $250 billion to pay its bills, thus, we just wiped out the sequester in a whopping 30 days and added $165 billion of new debt. Of course, let’s call the sequester what it really is… the beginning of austerity for the U.S. President Obama has declared that his salary is immune to the sequester and recently increased federal salaries across the board. Furthermore, the so-called ‘Dept. of Homeland Security’ has recently purchased almost 2 billion rounds of ammunition (for what? ) and 2,700 MRAP’s (mini-tanks) for domestic use while anti-gun legislation makes its way through Capitol Hill. The IRS is also hiring thousands of new agents in order to deal with those who are in violation of ‘Obama-care’ once it goes into effect and our military-industrial complex is still getting its bloated share of the pie for its wars for profit overseas. And not to be outdone, our big banks and Wall Street have rec’d over $16 trillion in bail-outs by the privately owned and operated ‘Fed’ since 2008. It’s not just fiscal insanity we’re dealing with, it’s also corruption on a massive scale! When are we going to wake up as a nation to what is going on and to what is coming?
