Thread: They Never Stop:"Global Marshall Plan"

In addition to Sen. Obama's "Global Poverty Act of 2007", Rep. Keith Ellison (MN-5) introduced on 04/13/08 H.Res. 1078:

"Expressing the sense of the House of Representatives that a Global Marshall Plan holds the potential to demonstrate the committment of the United States to PEACE and PROSPERITY (caps mine)."

While legally non-binding, every foreign power on earth, including the United Nations, would move quickly to hold us in real terms to such a statement. Note that the phrase "Peace and Prosperity" is the same one used to justify formation of the "Security and Prosperity Partnership" among the U.S., Mexico, and Canada. Sen. McCain, a strong supporter of free trade and open borders, has used this phrase often in his campaign. Never mind that more "open borders" under NAFTA, the forerunner of the SPP, seems only to have racketed up the violence of the drug wars in Mexico by allowing those who smuggle drugs into our country and guns into theirs to pass over the border more easily without being stopped.

I would definitely be interested in hearing how these politicians plan to fund this global Marshall Plan, Global Poverty Act, and the universal health care plan, considering our incredibly shortsighted national spending habits.

Our annual trade deficit is 4-6% of our GDP (in other words, we consume 4-6% more than we produce every year). And, according to Warren Buffet, foreigners own more than 5% of our total national wealth, via publicly traded companies and Treasury bonds. This will begin to snowball after some time.

As this foreign investment increases, it also means that wealth will start flowing OUT of this country instead of in, which historically it has not done. It gets harder and harder to keep up with payments as we fall behind. As foreign ownership and deficits increase, we enter further into the world of negative compounding. And as any evicted house owner can vouch for, that is a very bad place to be.

The kicker is how the government plans to "fix" this deficit. For the last several years the government has planned to devalue our currency. The $10 billion we borrow today is worth much less after years of inflation. Unfortunately, the average American's life savings are wiped out in the process.

apropos wrote

The kicker is how the government plans to "fix" this deficit. For the last several years the government has planned to devalue our currency. The $10 billion we borrow today is worth much less after years of inflation. Unfortunately, the average American's life savings are wiped out in the process.

And devaluation of the dollar my freinds will build the gateway for the implementation of the Amero and the NAU. The great give away in the form of handouts, not only to all Americans, but also to other nations has devaluated the dollar drasitically and this is responsible for the huge jumps in the cost of energy. This give away will continue if Obama is elected. I believe China will call in it's loans during the next Presidential term and the US will not be able to pay in dollars..it will have to be in Ameros.