grumpy wrote:President Obama repeatedly assured Americans that after the Affordable Care Act became law, people who liked their health insurance would be able to keep it. But millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.
He is definitely taking us on a nasty train ride (as in "Old Charlie stole the handle, and the train it won't stop rolling, no way to slow down"), but in reality we have been being prepared for this moment since at least 1913 (and perhaps since the Civil War), and most certainly since the era of the Great Depression.
1865: North defeats the South in Civil War. End of States roll in serious governance of what was once the United STATES
, and ushers in the era of Federal domination and control.
1873: Silver (the main money of the USA) demonetized, and the bi-metal standard is replaced by a gold only standard. Multiple economic busts and nationwide starvation and depressions due to and post this deboggle are severe, ultimately leading to 1913.
1913: Federal Reserve and Federal Income Tax instituted to save us from the evils of the pure gold standard. The promise is for no more busts and only good times.
1913: US Senators are to be voted into office by the people of their State (formerly chosen by State Legislatures)
1920's era: The good times are really good, just as promised. Fed is printing money like mad, and it is all boom!!!
1929: Great Depression started by the Federal Reserve which cuts off the printing press (per Ben Bernanke in a speech given at Milton Friedman's 90'th birthday party)
1934: Gold confiscation
1935: Social Security
1964: Silver removed from coins
1971: Gold backing removed from the US Dollar
Roughly 1974: Petrodollar instituted in response to the Arabs not willing to sell us oil for figmentary paper dollars (they want gold, or at least gold backed dollars)