The American Dream Is Over - Is It Time For Suvivalism?

Wednesday, December 10, 2008 Posted by Shattered Paradigm

More Americans than ever are starting to wake up to the fact that the "American Dream" is over. The financial system of the United States has been built on a massive pyramid of debt, and not that it is crashing down, men and women with discernment are realizing that it can never be put back together the same way again.

The financial news seems to be getting worse each day now. The following are just a few items of bad financial news from today:

*10% of U.S. homeowners are now either behind in their payments or are in foreclosure.

*Sony is cutting 16,000 jobs and is planning to close some plants.

*Office Depot is planning to close 126 stores.

*The suffering is not isolated to the United States alone. Nearly a billion people around the world don't get enough food each day and are facing the prospect of starvation.

Are we starting to get the hint yet?

Things are bad.

Things are really bad.

The reality is that the financial system of the United States is coming apart like a cheap suit.

For years and years America has gorged itself on a mountain of debt on all levels - government, corporate and individual - and now America is starting to pay the price for all that debt.

Do you think that there is any place that is safe for your money?

The chart below shows the absolutely insane amount of money that U.S. banks have had to borrow from the Federal Reserve just to stay alive. Even with all of this borrowing, 19 major banking chains have already failed this year:






The next chart shows the insane growth of our national debt over the years. Imagine if your own personal borrowing looked like this.....




The federal government of the United States is now over 10 TRILLION dollars in debt.

10,000,000,000,000 dollars in debt!

Well, what about the "economic stimulus" packages that Congress is passing and that Obama is promising?

Do you know where those dollars will come from?

More debt!

By trying to pump things up in the short term we will just make our long term problems even worse!

So, will the current generation of Americans repay this ridiculous debt?

No, the reality is that this current generation of Americans seems determined to go even deeper into debt.

So, what that means is that the citizens of the United States are dumping this massive debt on to their children and their grandchildren and to generations beyond that.

That is absolutely inexcusable!

Do you all have any idea how morally wrong that is?

Essentially America has sold their children and grandchildren into economic slavery forever.

How would you feel if you discovered that your parents had run up over a million dollars on a credit card in your name, and now you had to make interest payments on that credit card for the rest of your life?

America's children and grandchildren will be working for the rest of their lives to pay interest on this ridiculous debt. Their labor will go into serving the owners of this debt, and there is no escape for them.

America has enjoyed the greatest party in the history of the world and it has fueled this huge party on massive amounts of debt, but now there is really bad news.....

The party is almost over.

The reserves of America's local banks are completely gone. The financial institutions of America have borrowed an insane amount of money from the Federal Reserve this year just to stay afloat. America's financial system has never experienced a crisis of this magnitude in our lifetimes.

The biggest debt bubble in the history of the world is beginning to burst.

For decades Americans have lived like kings and queens.....enjoying the biggest party the world has ever seen.....but financed with ever increasing amounts of debt.

Once upon a time, the United States was the biggest creditor in the world. But those days are long gone. Now America is the biggest debtor nation to ever exist on the earth.

America was the wealthiest nation in the world, but that was never enough. Americans always had to have a bigger car, a bigger house and an endless supply of "stuff". So the American government piled up debt, American companies gorged on debt, and Americans made using credit cards into a national pastime.

If you include the future liabilities that the government of the United States has committed to such as future Social Security and Medicare payments, then the total debt of the federal government is over 60 TRILLION dollars.

60 TRILLION dollars!

Now that many of America's jobs have been shipped overseas, the price of gasoline has shot through the roof, and tons of people are losing their homes, do we find that Americans are learning their lesson?

Not at all.

Instead Americans are squeezing everything they possibly can out of their credit cards. Total credit card debt in the United States is now over 790 billion dollars, and it is increasing at a rate which is four times faster than earlier this decade.

Instead of showing restraint, Americans have jammed the accelerator to the floor.

Prices are increasing dramatically while wages are not. Jobs are being lost by the hundreds of thousands and factories are being closed. America's largest banks and financial institutions are teetering on the brink of failure. Homes are being foreclosed at record rates. Personal bankruptcies recently hit an all time high.

So what is the answer that the corrupt politicians are giving to America?

Spend even more money and get the United States into even more debt.

It is time for Americans to face reality.

The American Dream has gone "bye bye" and it is never coming back.

So what is a person to do?

Well, MSNBC is reporting that hard economic times have many Americans flirting with survivalism.

Is it time to move to the mountains and to stock up on beans and butter?

Will riots break out in the cities when the majority of Americans realize that their food is getting low and that the good times are gone forever?

The truth is that you have to do what is right for you and your family.

If you think that when the time comes someone is going to give you a handout, then you are living in a dream world.

If you think that the government has all the answers and has everything under control, then you are living in a complete dream world.

But each person is going to have to decide for themselves what they are going to do. Many people are now preparing by moving some place relatively safe, learning how to grow food and by getting off the grid.

Others have total faith in the government and barely have any food in their refrigerators and are very comfortable right now living paycheck to paycheck.

So what are you going to do? Feel free to leave us a comment with your perspective on these things.

8 comments:

  1. excellent said...

    Dreams are eternal
    http://reddy2007.blogspot.com

  2. Paul said...

    To Futurestorm:

    I totally agree with your assessment of the current crisis. I also would love to keep in contact with you all and periodically see what's going on here at your site. I do wish to know one thing though before I commit to this: Well, actually 2 things 1) Do you espouse radical or violent means of protecting your rights?
    2) Are you a White (or any other) supremacy group or (pardon the vernacular) Hate group of any kind?

    Sorry, but I MUST ask this because I am NOT either of these and though I am ALL for American freedoms and the preservation of our liberties, economy and right to free speech and the right to bear arms etc., I am NOT going to resort to illegal means of any kind to do it.
    Please adivse and thanks for your time.
    Paul

  3. Shattered Paradigm said...

    Paul:

    We are most certainly not part of any "supremacy" or "hate" groups of any kind.

    We also do not promote violence of any kind.

    We are Christians who are concerned about what is going on in the world.

  4. El Cid said...

    People often look back at the depression as a shining light of the American spirit and dismiss claims that economic turmoil could ever bring out the less civilized side of humanity-- not here they say. We have changed a lot in the years since the 1930's, morally, ethically and in terms of self reliance.

    Just look at what people do on the Friday after Thanksgiving for bargins-- imagine if they were hungry.

    Your article is right on and timely.

  5. Shattered Paradigm said...

    Thank you El Cid.

  6. Paul said...

    Dear Shattered Paradigm and El Cid:
    Please except my apology and I do ask for your forgiveness about asking that tough question. I guess I asked it because I got burned once real good by a hate group masquesrading themselves as "Christians." I then had a crash course in the Kingdom Identity movement, and other so called "churches" that hide behind the freedom of religion clause to spew their hate toward others with impunity because in this great country of ours even those who hate have the right to express their opinions.
    I am so glad that you are all Christian and I also am a committed Christian. I previously had led a life of crime and serious heroin abuse and it landed me in prison for over 11 years here in New York State.
    But while there, God literally and miraculously saved me and I became born again in cell No.# 136 on the C-West Tier of the Albany County Jail in Albany NY.
    After this life changing experience I never looked back.
    I became involved with the First Assembly of God Church here in Albany and while I was incarcerated I went through bible college and passed the required courses to allow me to become a Pastor or "Licenced Minster with Music Emphasis," as they call it. Sheesh!
    But I recognize that the true requirment for one to become a Pastor or minister in Christ's church is simply the desire to SERVE Him and His church with all our heart, mind and soul.
    Thank you for being so kind in light of my rather blunt question but I sort of was looking or a statement of faith of sorts.

    God bless you all and May He continue to bless you in your ministry.

    Talk with you soon.
    Your brother In Jesus Christ our coming KING!
    Paul

  7. Shattered Paradigm said...

    Thank you for sharing your testimony Paul. It was very encouraging!

    Stay strong and keep growing in Him.

  8. Rob Padgett said...

    Excellent, thought provoking article. People really should take a long hard look at their current situation and accept the fact that major disruptions will be coming down the pike. Learn the lessons of Hurricane Katrina, help, if its coming, will always be just one day to late and half the amount that they really needed. BTW, I just subscribed to your feed. Rob from Survive the Worst http://survivetheworst.blogspot.com

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