Debt is a reflection of a country's health and well-being. Excessive debt cripples a nation to the point that it can no longer repair itself, take advantage of opportunities or progress in the right direction. Nations are no different than families. The same ills that befall and affect families plague entire nations. Several European nations are going through that learning curve right now and the US is getting ready to learn the same lesson as well. Politicians have no consciousness and no integrity. They would gladly saddle a nation with an ugly debt just to make themselves look good (so they can get re-elected). They tell us they are on our side and they are doing all these great things for us, but the truth is that none of it is true.

1. Our National Debt
An Interesting Perspective
Laertis
February, 2012
1

2. We Can Laugh About Our Debt
2

3. 3

4. 4

5. 5

6. 6

7. But It’s Not Just Our National
Debt That Is Messed Up
There are some other things we need
to worry about
7

8. 8

9. 9

10. 10

11. Contributing Factors To Our
National Debt
11

12. Key Income Factors
Income is down because:
• We have become a service economy
• We went crazy with Outsourcing and
Offshoring
• We allowed too many illegal aliens in our
country (taking away our own jobs)
• We love automation and computerization
12

13. Key Debt Factors
1. Wars and The War Machine
2. Socialistic tendencies --- similar to European
countries
3. Tolerance of “The Illegal Alien Problem”
(another form of Socialistic expression and
total apathy towards the problem)
4. Lousy politicians that are as greedy as the
corporate CEOS … and everybody else
13

14. Wars And The War Machine
14

15. Proper Explanation
• When a nation is a Super Power and a world
leader then wars are necessary. It comes with
the territory
• However, the US has taken its role a little too far.
It is now reaching levels of paranoia. The
mentality that “Everyone is out to get us!” is
totally ridiculous. Unfortunately, no politician
wants to be blamed for another 9/11, although
everyone knows that “Shit Happens!”
15

16. Assertion
• To spend a ton of money to prevent the
inevitable is moronic, but no one wants to
argue this point in a super litigious society.
We keep penalizing our society with laws,
rules, regulations, preventive measure that
drive costs up, and harm society. We are
trying to create a utopian society, just to deal
with our paranoias
16

17. The American Utopian Society
• 100% safe ---- protected from all internal and
external dangers and threats
• 100% problem-free
• 100% risk-free
• 100% crime-free
• 100% error-free
• 100% misery-free
17

18. Isn’t This Lovely?
How can one possibly argue against that?
18

19. Reality
• All the money in the world cannot
deliver the utopian society
– The utopian society is unachievable --- it will never
exist because evil people will always find a way to
destroy or damage whatever we create. It is
impossible to safeguard our own creations
– Utopian society means losing most personal
freedoms … and people do not really want that.
We don’t want a Police State
19

20. Evil Is Part Of Our Duality
There are no
civilizations,
societies, cultures or
religions that do not
recognize the
existence and power
of evil.
20

21. This Is NOT The Answer To Fight Evil!
21

22. “We are not like those other primitive
countries. Look at us!”
We don’t kill people, but we certainly have the highest
number of jails and inmates in the western world.
22

23. “Besides we have other means of
dealing with the public!”
23

24. The Sick Logic
24

25. “Moreover, we have ways to deal with
our enemies”
25

26. “It only costs money! Ignore the blood!
We can wash it off!”
26

27. Remember Eisenhower
• Dwight Eisenhower warned us that:
“In the councils of government, we must
guard against the acquisition of unwarranted
influence, whether sought or unsought, by the
military-industrial complex. The potential for
the disastrous rise of misplaced power exists
and will persist.”
27

28. 28

29. 29

30. Self-Explanatory
30

31. Did You Ever Wonder?
31

32. “We are certainly addressing all the
right problems in the Armed Forces”
32

33. “The future looks very bright!”
33

34. Socialism Explained The Right
Way
Socialism promotes it’s own version
of utopia!
34

35. Socialistic Reality
35

36. Socialism Has It’s Good Side
… as long as the money if there to support
all the good ideas. 36

37. The Problem With Socialism
37

38. 38

39. Is this man truly a genius?
39

40. A Class Experiment
• An economics professor at a local college made a
statement that he had never failed a single student
before, but had recently failed an entire class. That
class had insisted that Obama's socialism worked and
that no one would be poor and no one would be rich, a
great equalizer.
The professor then said, "OK, we will have an
experiment in this class on Obama's plan". All grades
will be averaged and everyone will receive the same
grade so no one will fail and no one will receive an “A”
.... (substituting grades for dollars - something closer to
home and more readily understood by all).
40

41. The Experiment (cont’d)
• After the first test, the grades were averaged and
everyone got a “B”. The students who studied hard were
upset and the students who studied little were happy.
As the second test rolled around, the students who
studied little had studied even less and the ones who
studied hard decided they wanted a free ride too so
they studied little.
The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an “F”
41

42. The Experiment (cont’d)
• As the tests proceeded, the scores never increased
as bickering, blame and name-calling all resulted in
hard feelings and no one would study for the benefit
of anyone else.
• To their great surprise, ALL FAILED and the professor
told them that socialism would also ultimately fail
because when the reward is great, the effort to
succeed is great, but when government takes all the
reward away, no one will try or want to succeed.
It could not be any simpler than that.
42

43. Lessons Learned
• You cannot legislate the poor into prosperity by
legislating the wealthy out of prosperity.
• What one person receives without working for,
another person must work for without receiving.
• The government cannot give to anybody anything
that the government does not first take from
somebody else.
• You cannot multiply wealth by dividing it!
43

44. Lessons Learned
• When half of the people get the idea that they do
not have to work because the other half is going to
take care of them, and when the other half gets the
idea that it does no good to work because somebody
else is going to get what they work for, that is the
beginning of the end of any nation.
44

45. Tolerance Of The Illegal Alien
Problem
45

46. Why We Are Going Bankrupt
• We are involved into too many wars around
the globe (we are engaged in secret wars in
Latin America, Africa and the Middle East)
• We are paying for all the illegal alien costs.
We think we are saving money by paying them
low wages, but look at the real cost (see next
8 pages and:
http://www.rense.com/general80/mroe.htm )
46
Total Cost: $338.3 Billions/yr

47. Why We Are Going Bankrupt
1. $11 Billion to $22 billion is spent on welfare
to illegal aliens each year.
http://tinyurl.com/zob77
2. $2.2 Billion dollars a year is spent on food
assistance programs such as food stamps,
WIC, and free school lunches for illegal aliens.
http://www.cisorg/articles/2004/fiscalexec.ht
ml
47

48. Why We Are Going Bankrupt
3. $2.5 Billion dollars a year is spent on Medicaid
for illegal aliens.
http://www.cisorg/articles/2004/fiscalexec.html
4. $12 Billion dollars a year is spent on primary and
secondary school education for children here
illegally and they cannot speak a word of English.
http://transcripts.cnn.com/TRANSCRIPTS/0604/0
1/ldt.0.html
48

49. Why We Are Going Bankrupt
5. $17 Billion dollars a year is spent for education
for the American-born children of illegal aliens,
known as anchor babies.
http://transcripts.cnn.com/TRANSCRIPTS/0604/
01/ldt.01.html
6. $3 Million Dollars a DAY is spent to incarcerate
illegal aliens.
http://transcripts.cnn.com/TRANSCRIPTS/0604/
01/ldt.01.html
49

50. Why We Are Going Bankrupt
7. 30% percent of all Federal Prison inmates are
illegal aliens.
http://transcripts.cnn.com/TRANSCRIPTS/0604/
01/ldt.01.html
8. $90 Billion Dollars a year is spent on illegal aliens
for Welfare and Social Services by the American
taxpayers.
http://premium.cnn.com/TRANSCIPTS/0610/29/
ldt.01.html
50

51. Why We Are Going Bankrupt
9. $200 Billion Dollars a year in suppressed
American wages are caused by the illegal aliens.
http://transcripts..cnn.com/TRANSCRIPTS/0604/
01/ldt.01.html
10.The illegal aliens in the US have a crime rate
that's 2.5 times that of white non-illegal aliens.
Their children most likely are going to make a
huge additional crime problem in the future.
http://transcripts.cnn.com/TRANSCRIPTS/0606/
12/ldt.01.html
51

52. Why We Are Going Bankrupt
11.During the year of 2005 there were 4 to 10
MILLION illegal aliens that crossed our
Southern Border also, as many as 19,500
illegal aliens from Terrorist Countries. Millions
of pounds of drugs, cocaine, meth, heroin
and marijuana, crossed into the U. S from the
Southern border. Homeland Security Report.
http://tinyurl.com/t9sht
52

53. Why We Are Going Bankrupt
12.The National Policy Institute, "estimated that
the total cost of mass deportation would be
between $206 and $230 billion or an average
cost of between $41 and $46 billion annually
over a five year period.”
http://www.nationalpolicyinstitute.org/depor
tation.pdf
53

54. Why We Are Going Bankrupt
13.In 2006 illegal aliens sent home $45 BILLION
in remittances back to their countries of
origin.
http://www.rense.com/general75/niht.htm
14."The Dark Side of Illegal Immigration: Nearly
One Million Sex Crimes Committed by Illegal
Immigrants In The United States“
http://www.drdsk.com/articleshtml
54

55. Lousy/Bad Politicians
55

56. 56

57. 57

58. Some Interesting Statistics
• Salary of retired US Presidents .........$180,000 for life
• Salary of House/Senate ....................$174,000 for life
• Salary of Speaker of the House .........$223,500 for life
• Salary of Majority/Minority Leaders .$193,400 for life
• Average salary of a teacher ................ $40,065
• Average salary of soldier deployed in Afghanistan
…………$38,000
58

59. Case Study: Greece
59

60. First Some Facts
• Socialist Government for almost 40 years
• 50% of the population working for the
Government
• The Government offered better salaries and
outrageous benefits (incl. long vacations and
free health care and early retirement)
Who is going to complain?
Who is going to say “No thank you!”?
60

61. The Answer
• No one complained and no one said “No, thank
you!”
• WHY?
• Because everyone wants “free stuff”.
No one bothered to tell them that there are no
“free stuff”.
No one bothered to tell them that sooner or later
they will have to pay for all that
61

62. Key Realization
Demagoguery  Socialism
• It is based on the simple concept of “Promise
them anything and they will vote for you!”
62

63. The Results (as of early 2012)
• Shrinking GDP (at least 7% down)
• 22+% unemployment rate
– 50+% unemployment rate for those under 30
years old
• 25% of all companies went bankrupt
• 40+% increase in the suicide rate
• Foreign dependency is at an all time high
• Global ridicule and eternal scorn
63

64. And That Is Not All
64
Anger turns into destruction, which makes the
debt even worse

65. And The Worst Is Yet To Come
65

66. The Future
66

67. Foreign Dependency Is Great!
67

68. Do The Greeks Blame Themselves?
• OF COURSE NOT. It’s always a global
conspiracy that it is at fault. It is the dark
forces that made them stupid and elected the
worst politicians on the planet
The biggest demagogue in Greece
(from a long line of demagogues --- runs in the family) 68
Papandreou

69. Let’s Blame Them
They made us do it!
69
or

70. Summary
70

71. Key Reminder
• A nation must create real wealth … not
transferring money from one pocket to the
next
71

72. Creating Wealth
• Mining
• Farming
• Manufacturing
• Inventing (technology, biomed, aerospace …)
Selling hamburgers, insurance policies and
other services to each other do not create real
wealth. Government services subtract wealth!
72

73. Could America Become Another
Greece?
73

74. What Do You Think?
74

75. A Key Realization
75

76. “Good luck, kid!”
76
It ain’t funny now