(1) Let the free market work, protect citizen's rights (life liberty, property, etc.), protect fair competition, and protect contract law.

(2) Interfere with the free market, interfere with the free market, interfere with the free market, and then when failures occur, declare that the free market does not work – consequently, citizens must surrender their rights so that they may collectively survive.

Which strategy do you think is best? Which strategy do you think is currently in work?

DRUDGE REPORT
'WE'RE OUT OF MONEY'
May 23 2009

In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: “We are out of money.”

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits
http://www.drudgereport.com/flashocs.htm

CREEPINGSHARIA.COM
Obama’s Supplemental Bill Passes, Gives Billions to Enemies?
By creeping

Barack Obama’s 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, and Pandemic Flu was revised and “passed by the full committee”. Not sure what the next step is, but based on the summary, it gives billions of U.S. taxpayer dollars to countries and entities that support sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies.

Read the summary from David Obey’s office that was quietly released last week with nary a word from any media.

• $3.6 billion, matching the request, to expand and improve capabilities of the Afghan security forces

• $400 million, as requested, to build the counterinsurgency capabilities of the Pakistani security forces

• Afghanistan: $1.52 billion, $86 million above the request

• West Bank and Gaza: $665 million in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza

• Jordan: $250 million, $250 million above the request, including $100 million for economic and $150 million for security assistance

• Egypt: $360 million, $310 million above the request, including $50 million for economic assistance, $50 million for border security, and $260 million for security assistance

• Pakistan: $1.9 billion, $591 million above the request

• Iraq: $968 million, $336 million above the request

• Oversight: $20 million, $13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq

• Israel: $555 million of the $2.8 billion 2010 request for security assistance, $555 million above the supplemental request. (Note: that means Obama’s original request did not include any money for Israel in 2009)

• Lebanon: $74 million

• International Food Assistance: $500 million, $200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis

• Refugee Assistance: $343 million, $50 million above the request, …including humanitarian assistance for Gaza. Funding for the UN Relief and Works Agency programs in the West Bank and Gaza is limited to $119 million (Note: Gaza = Hamas)

• Disaster Assistance: $200 million to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia

• Peacekeeping: $837 million for United Nations peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic

• HIV/AIDS: $100 million, $100 million above the request, for the Global Fund to Fight AIDS, Tuberculosis and Malaria to address a funding shortfall for grants in key countries such as Haiti, The Democratic Republic of the Congo, and Afghanistan. (Note: That means Obama’s original request didn’t include any money for AIDs)

• Africa: $151 million, $18 million above the request, for economic and security assistance for Kenya, Somalia, Southern Sudan, and Zimbabwe

• Mexico: $470 million, $404 million above the request, to address growing violence along the United States-Mexico border by supporting the Government of Mexico’s war against organized crime and drug-trafficking

• Georgia: $242 million to fulfill the United States commitment to the people of Georgia

• Global Financial Crisis: $300 million, $148 million below the request, to address the global financial crisis in developing countries

• Nuclear Non-Proliferation: $55 million, $34.5 million below the request, for the National Nuclear Security Administration to safeguard nuclear material in Russia and other sites world-wide

• Department of Justice: $17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system

Updates:

Mass media remains silent on this but the International News has now picked up the story

…and then there is Obama’s $108 billion IMF bailout scheme in addition to the Supplemental

Related:

To really add insult to injury, check our previous Creeping Sharia post – Obama asks Congress to allow U.S. funds to terrorist Hamas govt

The Obama administration has asked Congress to let aid to Palestinians continue if Hamas backers are included in a new unity government, observers say. The proposed change in U.S. law would be necessary because Hamas, which controls the Gaza Strip, is designated as a terrorist organization and therefore cannot receive U.S. aid.
http://creepingsharia.wordpress.com/2009/05/13/…

Whilst homeless shelters are filled to capacity and desperate jobless and homeless, NEGLECTED Americans are living in tent cities, billions are gifted to highly favored Muslims.

May 14 (Bloomberg) — President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

Holders of U.S. debt will eventually “get tired” of buying it, causing interest rates on everything from auto loans to home mortgages to increase, Obama said. “It will have a dampening effect on our economy.”…
http://www.bloomberg.com/apps/news?pid=20601087…

Obama admits the terrible financial destruction wrought against Americans. WHY THEN DOES OBAMA NOT IMMEDIATELY REVERSE THIS TRAGEDY?

A major investor states America is going to reach Zimbabwe hyperinflation.
http://economyincrisis.org/articles/show/2942

Billions of dollars urgently needed for America's defense is instead gifted to Islam. Nuclear Iran and nuclear North Korea both state they intend to destroy America. They are not idle threats. The same venomous hate for the U.S. is shared by other nations and Muslim terrorist organizations. The treasonous response of the U.S. government to America's increasing danger, is to drastically reduce our defenses facilitating America's annihilation.

See: Aloha, “Star Wars” By: Washington Times Editorial
Washington Times | Monday, June 29, 2009
http://www.frontpagemag.com/readArticle.aspx?AR…

I don't doubt that there will be another severe shock to the financial system and these jolts don't happen by accident. There are some that would benefit greatly in advancing there long held political and social objectives by seeing the financial system crash. But Dubai World isn't going to do it, IMO.

The question is, is how long can the U.S. survive? Any thoughts?

Consider what happens in the private economy. When we spend our own money, we want something of value. So almost every time money changes hands, more value is added of our economy. In fact, to get our hands on a dollar in the private economy, each of us has to work and contribute something somebody else needs. The farmer has to grow a crop. The railroad engineer has to take grain to mill. The trucker has to carry cereal to a grocery store. The grocery store clerk has to stock shelves and sell consumer products. And so forth.

On the other hand, when a conniving politician spends a dollar, the value he wants is influence. To satisfy a politician, government spending has to buy the votes he needs. That is why so much government spending involves entitlements and welfare. This is money given away to buy votes. As important as our votes may be, our votes add little value to our economy. Thus, much of the money government spends is wasted just to buy votes.

http://www.calculatedriskblog.com/2009/12/unoff…