America taxpayers "paying" for not winning

Please point out to me the last "win" in the following invasions by US forces -  you see, there is no “winning”.  Only the Military Industrial Complex wins. 

DETROIT 1943 Troops Army put down Black rebellion. IRAN 1946 Nuclear threat Soviet troops told to leave north. YUGOSLAVIA 1946 Nuclear threat, naval Response to shoot-down of US plane. URUGUAY 1947 Nuclear threat Bombers deployed as show of strength. GREECE 1947-49 Command operation U.S. directs extreme-right in civil war. GERMANY 1948 Nuclear Threat Atomic-capable bombers guard Berlin Airlift. CHINA 1948-49 Troops/Marines evacuate Americans before Communist victory. PHILIPPINES 1948-54 Command operation CIA directs war against Huk Rebellion. PUERTO RICO 1950 Command operation Independence rebellion crushed in Ponce. KOREA 1951-53 (-?) Troops, naval, bombing , nuclear threats U.S./So. Korea fights China/No. Korea to stalemate; A-bomb threat in 1950, and against China in 1953. Still have bases. IRAN 1953 Command Operation CIA overthrows democracy, installs Shah. VIETNAM 1954 Nuclear threat French offered bombs to use against seige. GUATEMALA 1954 Command operation, bombing, nuclear threat CIA directs exile invasion after new gov't nationalized U.S. company lands; bombers based in Nicaragua. EGYPT 1956 Nuclear threat, troops Soviets told to keep out of Suez crisis; Marines evacuate foreigners. LEBANON l958 Troops, naval Army & Marine occupation against rebels. IRAQ 1958 Nuclear threat Iraq warned against invading Kuwait. CHINA l958 Nuclear threat China told not to move on Taiwan isles. PANAMA 1958 Troops Flag protests erupt into confrontation. VIETNAM l960-75 Troops, naval, bombing, nuclear threats Fought South Vietnam revolt & North Vietnam; one million killed in longest U.S. war; atomic bomb threats in l968 and l969. CUBA l961 Command operation CIA-directed exile invasion fails. GERMANY l961 Nuclear threat Alert during Berlin Wall crisis. LAOS 1962 Command operation Military buildup during guerrilla war. CUBA l962 Nuclear threat, naval Blockade during missile crisis; near-war with Soviet Union. IRAQ 1963 Command operation CIA organizes coup that killed president, brings Ba'ath Party to power, and Saddam Hussein back from exile to be head of the secret service. PANAMA l964 Troops Panamanians shot for urging canal's return. INDONESIA l965 Command operation Million killed in CIA-assisted army coup. DOMINICAN REPUBLIC 1965-66 Troops, bombing Army & Marines land during election campaign. GUATEMALA l966-67 Command operation Green Berets intervene against rebels. DETROIT l967 Troops Army battles African Americans, 43 killed. UNITED STATES l968 Troops After King is shot; over 21,000 soldiers in cities. CAMBODIA l969-75 Bombing, troops, naval Up to 2 million killed in decade of bombing, starvation, and political chaos. OMAN l970 Command operation U.S. directs Iranian marine invasion. LAOS l971-73 Command operation, bombing U.S. directs South Vietnamese invasion; "carpet-bombs" countryside. SOUTH DAKOTA l973 Command operation Army directs Wounded Knee siege of Lakotas. MIDEAST 1973 Nuclear threat World-wide alert during Mideast War. CHILE 1973 Command operation CIA-backed coup ousts elected marxist president. CAMBODIA l975 Troops, bombing Gassing of captured ship Mayagüez, 28 troops die when copter shot down. ANGOLA l976-92 Command operation CIA assists South African-backed rebels. IRAN l980 Troops, nuclear threat, aborted bombing Raid to rescue Embassy hostages; 8 troops die in copter-plane crash. Soviets warned not to get involved in revolution. LIBYA l981 Naval jets Two Libyan jets shot down in maneuvers. EL SALVADOR l981-92 Command operation, troops Advisors, overflights aid anti-rebel war, soldiers briefly involved in hostage clash. NICARAGUA l981-90 Command operation, naval CIA directs exile (Contra) invasions, plants harbor mines against revolution. LEBANON l982-84 Naval, bombing, troops Marines expel PLO and back Phalangists, Navy bombs and shells Muslim positions. 241 Marines killed when Shi'a rebel bombs barracks. GRENADA l983-84 Troops, bombing Invasion four years after revolution. HONDURAS l983-89 Troops Maneuvers help build bases near borders. IRAN l984 Jets Two Iranian jets shot down over Persian Gulf. LIBYA l986 Bombing, naval Air strikes to topple Qaddafi gov't. BOLIVIA 1986 Troops Army assists raids on cocaine region. IRAN l987-88 Naval, bombing US intervenes on side of Iraq in war, defending reflagged tankers and shooting down civilian jet. LIBYA 1989 Naval jets Two Libyan jets shot down. VIRGIN ISLANDS 1989 Troops St. Croix Black unrest after storm. PHILIPPINES 1989 Jets Air cover provided for government against coup. PANAMA 1989 (-?) Troops, bombing Nationalist government ousted by 27,000 soldiers, leaders arrested, 2000+ killed. LIBERIA 1990 Troops Foreigners evacuated during civil war. SAUDI ARABIA 1990-91 Troops, jets Iraq countered after invading Kuwait. 540,000 troops also stationed in Oman, Qatar, Bahrain, UAE, Israel. IRAQ 1990-91 Bombing, troops, naval Blockade of Iraqi and Jordanian ports, air strikes; 200,000+ killed in invasion of Iraq and Kuwait; large-scale destruction of Iraqi military. KUWAIT 1991 Naval, bombing, troops Kuwait royal family returned to throne. IRAQ 1991-2003 Bombing, naval No-fly zone over Kurdish north, Shiite south; constant air strikes and naval-enforced economic sanctions LOS ANGELES 1992 Troops Army, Marines deployed against anti-police uprising. SOMALIA 1992-94 Troops, naval, bombing U.S.-led United Nations occupation during civil war; raids against one Mogadishu faction. YUGOSLAVIA 1992-94 Naval NATO blockade of Serbia and Montenegro. BOSNIA 1993-? Jets, bombing No-fly zone patrolled in civil war; downed jets, bombed Serbs. HAITI 1994 Troops, naval Blockade against military government; troops restore President Aristide to office three years after coup. ZAIRE (CONGO) 1996-97 Troops Troops at Rwandan Hutu refugee camps, in area where Congo revolution begins. LIBERIA 1997 Troops Soldiers under fire during evacuation of foreigners. ALBANIA 1997 Troops Soldiers under fire during evacuation of foreigners. SUDAN 1998 Missiles Attack on pharmaceutical plant alleged to be "terrorist" nerve gas plant. AFGHANISTAN 1998 Missiles Attack on former CIA training camps used by Islamic fundamentalist groups alleged to have attacked embassies. IRAQ 1998 Bombing, Missiles Four days of intensive air strikes after weapons inspectors allege Iraqi obstructions. YUGOSLAVIA 1999 Bombing, Missiles Heavy NATO air strikes after Serbia declines to withdraw from Kosovo. NATO occupation of Kosovo. YEMEN 2000 Naval USS Cole, docked in Aden, bombed. MACEDONIA 2001 Troops NATO forces deployed to move and disarm Albanian rebels. UNITED STATES 2001 Jets, naval Reaction to hijacker attacks on New York, DC AFGHANISTAN 2001-? Troops, bombing, missiles Massive U.S. mobilization to overthrow Taliban, hunt Al Qaeda fighters, install Karzai regime, and battle Taliban insurgency. More than 30,000 U.S. troops and numerous private security contractors carry our occupation. YEMEN 2002 Missiles Predator drone missile attack on Al Qaeda, including a US citizen. PHILIPPINES 2002-? Troops, naval Training mission for Philippine military fighting Abu Sayyaf rebels evolves into combat missions in Sulu Archipelago, west of Mindanao. COLOMBIA 2003-? Troops US special forces sent to rebel zone to back up Colombian military protecting oil pipeline. IRAQ 2003-? Troops, naval, bombing, missiles Saddam regime toppled in Baghdad. More than 250,000 U.S. personnel participate in invasion. US and UK forces occupy country and battle Sunni and Shi'ite insurgencies. More than 160,000 troops and numerous private contractors carry out occupation and build large permanent bases. LIBERIA 2003 Troops Brief involvement in peacekeeping force as rebels drove out leader. HAITI 2004-05 Troops, naval Marines & Army land after right-wing rebels oust elected President Aristide, who was advised to leave by Washington. PAKISTAN 2005-? Missiles, bombing, covert operation CIA missile and air strikes and Special Forces raids on alleged Al Qaeda and Taliban refuge villages kill multiple civilians. Drone attacks also on Pakistani Mehsud network. SOMALIA 2006-? Missiles, naval, troops, command operation Special Forces advise Ethiopian invasion that topples Islamist government; AC-130 strikes, Cruise missile attacks and helicopter raids against Islamist rebels; naval blockade against "pirates" and insurgents. SYRIA 2008 Troops Special Forces in helicopter raid 5 miles from Iraq kill 8 Syrian civilians YEMEN 2009-? Missiles, command operation Cruise missile attack on Al Qaeda kills 49 civilians; Yemeni military assaults on rebels LIBYA 2011-? Bombing, missiles, command operation NATO coordinates air strikes and missile attacks against Qaddafi government during uprising by rebel army.

What YOU owe..........

“Official” national debt as of 2015 is currently reported at more than $18 trillion. That means that under Barack Obama and with the aid of the private Federal Reserve, U.S. debt has nearly doubled since 2008 — quite an accomplishment in only seven years’ time. But this is not the whole picture.
Official GDP numbers published for mainstream consumption do NOT include annual liabilities generated by programs such as Social Security and Medicare. These liabilities are veiled through the efforts of the Congressional Budget Office (CBO), which reports on what it calls “debts” rather than on the true fiscal gap. Through the efforts of economists like Laurence Kotlikoff of Boston University, Alan J. Auerbach and Jagadeesh Gokhale, understanding of the fiscal gap (the difference between our government’s projected financial obligations and the present value of all projected future tax and other receipts) is slowly growing within more mainstream circles.

The debt created through the fiscal gap increases, for example, because of the Social Security program - since government taxes the population for Social Security but uses that tax money to fund other programs or to pay off other outstanding debts. In other words, the government collects "taxes" with the promise of paying them back in the future through Social Security, but it spends that money instead of saving it for the use it was supposedly intended.

The costs of such unfunded liabilities within programs like Social Security and Medicare accumulate as the government continues to kick the can down the road instead of changing policy to cover costs. This accumulation is reflected in the Alternative Financial Scenario analysis, which the CBO used to publish every year but for some reason stopped publishing in 2013. Here is a presentation on the AFS by the St. Louis branch of the Federal Reserve. Take note that the crowd laughs at the prospect of the government continuing to “can kick” economic policy changes in order to avoid handling current debt obligations, yet that is exactly what has happened over the past several years.

Using the AFS report, Kotlikoff and other more honest economists estimate real U.S. national debt to stand at about $205 trillion.

When the exposure of these numbers began to take hold in the mainstream, media pundits and establishment propagandists set in motion a campaign to spin public perception, claiming that the vast majority of this debt was actually “projected debt” to be paid over the course of 70 years or more and, thus, not important in terms of today’s debt concerns. While some estimates of national debt include future projections of unfunded liabilities in certain sectors this far ahead, the spin masters' fundamental argument is in fact a disingenuous redirection of the facts.

According to the calculations of economists, unfunded liabilities are adding about $8 trillion in total debt annually. That is $8 trillion dollars per year not accounted for in official national debt stats.  For the year ending Dec. 31, 2011, the annual accrued expense of Medicare and Social Security was $7 trillion of this amount.

This annual hidden debt accumulation has resulted in a current total of $205 trillion. This amount is not the unfunded liabilities added up in all future years. This is the present value of the unfunded liabilities, discounted to today.  How is the U.S. currently covering such massive obligations on top of the already counted existing budget costs? It’s not.

Taxes collected yearly in the range of $3.7 trillion are nowhere near enough to cover the amount, and no amount of future taxes would make a dent either. This is why the Grace Commission, established during the Ronald Reagan presidency, found that not a single penny of your taxes collected by the Internal Revenue Service is going toward the funding of actual government programs. In fact, all new taxes are being used to pay off the ever increasing interest on current debts.

For those who argue that an increase in taxation is the cure, more than 102 million people are unemployed within the U.S. today. According to the Bureau of Labor Statistics and the Current Population Survey (CPS), 148 million are employed; about 20% of these are considered part-time workers (about 30 million people). Around 16 million full time workers are employed by state and local government (meaning they are a drain on the system whether they know it or not).  Only 43 percent of all U.S. households are considered “middle class,” the section of the public where most taxes are derived. In the best-case scenario, we have about 120 million people paying a majority of taxes toward U.S. debt obligations, while nearly as many are adding to those debt obligations through welfare programs or have the potential to add to those obligations in the near future if they do not find work due to the high unemployment rate that no one at the BLS wants to acknowledge.

Looking at reality, one finds a swiftly shrinking middle class paying for an ever larger welfare class.  Do the math, and an honest person will admit that no matter how much taxes increase, they will still never make up for the lack of adequate taxpayers.

Another dishonest argument given to dismiss concerns of the national debt is the lie that Domestic Net Worth in the U.S. far outweighs our debts owed, and this somehow negates the issue. Domestic Net Worth is calculated using Gross Domestic Assets, public and private. It's interesting, however, that Domestic Net Worth counts 'Debt Capital' as an asset, just as GDP counts debt creation as production.  Debt Capital is the “capital” businesses and governments raise by taking out loans. This capital (debt) is then counted as an asset toward Domestic Net Worth.

Yes, that’s right, private and national debts are “assets.” And mainstream economists argue that these debts (errr… assets) offset our existing debts. This is the unicorn, Neverland, Care Bear magic of establishment economics, folks. It’s truly a magnificent thing to behold.

Ironically, debt capital, like the official national debt, does not include unfunded liabilities. If it did, mainstream talking heads could claim an even vaster supply of “assets” (debts) that offset our liabilities.

This situation is clearly unsustainable. The only people who seem to argue that it is sustainable are disinformation agents with something to gain (government favors and pay) and government cronies with something to lose (public trust and their positions of petty authority).

With overall Treasury investments static for some foreign central banks and dwindling in others, the only other options are to print indefinitely and at ever greater levels, or to default. For decades, the Federal Reserve has been printing in order to keep the game afloat, and the American public has little to no idea how much fiat and debt the private institution has conjured in the process. Certainly, the amount of debt we see just in annual unfunded liabilities helps to explain why the dollar has lost 97 percent of its purchasing power since the Fed was established. Covering that much debt in the short term requires a constant flow of fiat, digital and paper.  Not only does REAL debt threaten our credit standing as a nation, it also threatens the value and full faith in the dollar.

The small glimpse into Fed operations we received during the limited TARP audit was enough to warrant serious concern, as a full audit would likely result in the exposure of total debt fraud, the immediate abandonment of U.S. Treasury investment, and the destruction of the dollar. Of course, all of that will eventually happen anyway.

No society or culture has ever successfully survived by disengaging itself from its own financial responsibilities and dumping them on future generations without falling from historical grace. Not one. Does anyone with any sense really believe that the U.S. is somehow immune to this reality?

America upside down.............

US casualties Iraq, 2011: 54

US casualties Chicago, 2011: 435

Stock Market Mania

We are getting near a disasterous market blow-off and nobody sees it or smells it.   Look around, open your eyes.   Ignoring reality is no way for a society  to go through life.
    
Going  short this vertical mania is still for  losers but pay attention.   The market decline is simply being postponed by the Fed and Europeans raining down free money to the 1%.  It is all about the Central Banks printing liabilites forward on the backs of future Americans still a twinkle in the eye of their Mom.   I would say Dad but Fathers are in short supply these days.

 Here is a headline you need to ponder.

"US Fed balance sheet liabilities increased to USD 4.458 TRILLION in the latest week."  

For those of you in Mandaree or Pine Ridge, (I use those two villages rather loosely, I lived in both of them for about 8 years, I know well the definition of "wild dog packs") who are aware of the massive bailouts given to banks, (at least $6 trillion so far, plus  $10 trillion of swaps with foreign banks) I can only hope you are paying taxes to help with the coming carnage.   With the banks off the hook for derivative debt, now saddled onto the back of the American taxpayer there is another collapse coming.   Greed guarantees it.   

The Bush and Obama regimes had to bail out the banks to "Save" America.   That is funny as hell.  They should have nationalized the investment banks and the depository banks and wiped out the shareholders, bondholders and management.   They should have allowed them to fail.

Instead we have what we have today.   A bailout nation.    We all are losing.    

Home gamers remember................

There has never been a better time to sell stocks said no broker ever.

48 hours later ...........

He said that his long hair "got in the way of things" over the weekend.   Whatever that means.

I hardly recognized him when he drove up!