Tutorial - Health Care Passes Tomorrow...Then What?
It now looks like the US House of
“Representatives” will be using this coming Lord’s Day to further enslave our
nation through the passage of the Health Care bill.
Many of you who have
been reading this Economic Update for a long time will remember how I wrote that
Congress will pass the Health Care legislation, no matter what the
consequences. They desperately seek the new revenue that it will generate in
order to keep their power structure from crumbling.
Many people are
making a major mistake by focusing on the “health care” wording in the bill.
This bill is all about the Federal government taking control of a very large
percentage of our nation’s GNI (Gross National Income). The “health care”
language is just the “point of the gun” that the Federal government will be
using to extract the revenue from us – their debt slaves.
Where will
things stand once this legislation is enacted into law? Let’s
review.
The international banks still have the “credit valve” closed on
our economy. Remember that “credit” is exactly the same as “money” in our
everyday economy. Closing off the credit availability means that there is very
little credit “money” being created. This also means that companies can’t get
the credit they need to stay in business, which results in credit defaults and
employee reduction.
Employment layoffs result in consumers defaulting on
their various loans (housing, credit cards, etc.). All of these credit defaults
result in the banks coming in and taking the underlying assets. This is the
reason they shut off the “credit valve” to begin with.
Massive credit
defaults result in massive credit destruction – which results in a reduction in
the nation’s money supply, since credit = money.
The international banks
have shown no desire yet to begin opening the “credit valve”. This means that
we will continue to see companies and individuals struggling for their very
economic survival.
The Federal government was also struggling to support
its current power structure. Tax receipts have plummeted, “trust” funds have
run dry (so there’s no more money to steal from them), and the sale of US
Treasury securities can only create a certain amount of new debt before
subsequent sales are just for the purpose of “rolling over” previously existing
debt that has reached maturity.
This Health Care bill is an economic
windfall for the Federal government in many ways.
First, it raises our
taxes by a huge amount – but calls it “health care coverage”. The money that is
taken from us will go into a new government “trust” fund – which will then be
completely drained each fiscal year, with the money being used to support other
government programs that further control us.
Secondly, the money that
the Federal government will be stealing from the new “Health Care Trust Fund”
each year will be replaced with US government IOU’s. These IOU’s will be backed
by our future labor, the future labor of our children, and the future labor of
their progeny.
The Health Care bill is not going to even begin until 2013
at the earliest, and some not until 2018 – yet the taxes for the bill will begin
to be collected immediately.
Let’s be clear what this means. You will be
paying Health Care dollars to the government that will go into a big “trust”
fund. These dollars will then be collected at the end of each fiscal year up
until 2013 and be used by our Congress to spend on whatever their wicked hearts’
desire.
Meanwhile, all of that money that you have paid in will be gone!
It will have been used for other things and replaced with IOU’s.
Who’s
responsible for paying back those IOU’s when they mature? It is you.
You
will have labored to make the initial payments to the government so that you
don’t suffer the wrath of their guns or their prison cells. That money will
then be stolen for other programs that our government masters deem worthy. You
will then be on the hook for more of your future labor to pay back the money
that you already paid in – which was stolen by your overlords.
Do you
think what I just wrote was pure rhetoric, and that things couldn’t possibly
work this way? It’s exactly the way it works.
Our Federal government
will now be in a position to combat the credit destruction that the
international bankers have been causing – by the government creating new debt
from the Health Care Trust Fund and stealing the money that you pay
in.
Here’s the bottom line. Where does this leave all of
us?
Businesses will continue to fold and lay off employees – except for
those businesses that have been deemed “worthy” by the Federal government
overlords that now control the disbursement of the Health Care dollars that they
have stolen from us debt servants.
This means that businesses will work
harder to “game” the system and pander to the Federal government just in order
to survive.
Consumers will face greater pressure of bankruptcy. We will
not be able to get credit very easily, and we will have much more due from us to
our Federal overlords. The middle class will be squeezed to the point of
submission.
Do you want to know what’s really sad about our nation? The
main Congress member that is fighting this with Christian righteousness – is a
woman. Men, we are sending our women to fight our battles.
Michele
Bachmann, Congresswoman from Minnesota, is the ONLY representative from our
ENTIRE NATION that I have heard speak out in the last day or two for prayer,
fasting, and seeking repentance for our nation.
Meanwhile, the men of our
nation are busy with their NCAA basketball tournament brackets. We “men” should
be ashamed of ourselves.
Warmly,
Brad
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