-->Die Bush-Leute verbrauchen im Moment die letzten US-Reserven. Hier ein Auszug aus einem interessanten Artikel aus 321gold:

Al Martin, Retired US Navy Intelligence

Bushonomics Explained (Part IV): Where Are the Mising Billions?

On January 20th, 2005, when this regime ends its first term in office, it will have created aggregate budget deficits (including depletion of inherited surpluses) of some $1.5 trillion, an aggregate merchandise trade deficit of yet another $1.5 trillion, and an increase in total national debt of some $2 trillion, with the economic pressure being exerted, having been largely responsible for the 38% decline in the trade-weighted exchange value of the U.S. dollar.....

Furthermore, the Bush-Cheney regime has now depleted all inherited accrued fiscal reserve balances, as well as all contingency reserve accounts of all federal agencies, such that the White House has direct control over some $56 billion in total.

Also the White House unlawfully transferred to the U.S. Treasury's general operating account some $25 billion from the Federal Reserve, said sums constituting all of the Federal Reserve's operational account balances and its emergency dollar-stabilization fund, whereupon the sums in question were quickly depleted.

This regime has also unlawfully sold some $5 billion worth of metals, minerals, fuels, fibers and food stuffs from the so-called national strategic stockpiles without the required congressional approval.

And as we have previously reported, the Bush-Cheney regime has unlawfully drawn down since March 2001 some 2900 metric tons of gold (about $20 billion, using the average price of gold from 3/01 to present) from the national gold reserves and, in so doing, has broken the statutory reserve requirement holdings of 11,005 metric tons without the required congressional approval.

Furthermore, as of June 2004, the regime has completely depleted the national silver reserves without prior consent of Congress, as is required by law.

This regime has also now depleted what little remaining cash balances were left, some $13.6 billion, in the nation's 42 public trust funds, all in a desperate bid to raise revenue in order to hide the actual size of Bushonian budget deficits, the exact same form of BFLAP (Bushonian Fantasy Land Accounting Principles) that were employed from 1984-92 by the regimes then in power, who were equally desperate to hide the actual size of their budget deficits, the net result of which was to turn the United States from having been the largest creditor nation on the planet in 1983 into the largest debtor nation on the planet by 1992.

Remember, in order to calculate the actual size of Bushonian budget deficits, now that the nation has gone from GAAP (Generally Accepted Accounting Principles) back to BFLAP, one must add to the stated annual budget deficits approximately $125 billion to account for the so-called annual Social Security surplus payments, which are, once again, being counted as general revenue instead of being used to service the Social Security accrued deficit created from 1984/92, now standing at some $5.3 trillion.

One must also add to Bushonian budget deficits the $25 billion per year on average that this regime has pillaged from federal accrued and/or contingency accounts and transferred to the Treasury to be counted as general operating income.

Thus, in GAAP terms, Bushonian budget deficits are actually approximately $150 billion a year more than that which has been stated. We should remember the comments of the General Accounting Office ( GAO) made in April 1993 regarding its 1981-92 audit review of the U.S. Treasury wherein the GAO made note of the fact that the actual size of U.S. budget deficits accrued during that period were underestimated by at least $4 trillion due to the substitution of GAAP with BFLAP, a new form of accounting principles, which allowed red ink to magically be turned into black ink.

Former Treasury Secretary Paul O'Neill made public comments regarding the so-called"trillions in secret debt" having been issued under the Reagan-Bush and subsequent Bush-Quayle regimes.

Where are we going?

The GAO, as we have previously reported, announced in its so-called"end of sheet" comments to its 2003 consolidated audit of U.S. government fiscal operations that the budget and trade deficits being accrued by the policies of the current regime were consuming 78.4% of the entire planet's net savings rate, a figure that has now grown to 81.3%, in order to finance U.S. debt.

The GAO also noted that should the current regime remain in office for a second term and its policies of"politically popular but wasteful defense spending" (remember the 2003 GAO audit of the Department of Defense, wherein the GAO disclosed that some 62% of all weapon systems in U.S. military inventories either didn't work, did not perform to specifications, or were otherwise faulty) along with its encouragement of negative debt finance consumption and continuous proffering disproportional tax cuts (the aforementioned being the three pillars upon which rest the concept of Bushonomics) were to persist, then, by the second quarter of 2009, the U.S. would no longer be able to service its debt in that the economies of the rest of the planet could not generate sufficient capital in the form of savings for the U.S. to borrow in order to finance its debt.

This would leave the U.S. with three options:

A/ to dramatically increase the rate of domestic taxation to relieve borrowing pressure on the rest of the planet's money;
(Remember Secretary O'Neill's comments about the need of a 65% marginal federal income tax rate by 2010 should the Bush-Cheney Regime remain in office for a second term.)

B/ a massive monetization of debt by dramatically cheapening the dollar;
(Remember Senator Warren Rudman's {R-NH} comments about a"10-cent dollar" should the scourge of Bushonomics continue.)

C/ the declaration of a"force majeure" on U.S. debt service, which would be tantamount to a repudiation, and interpreted as such in the global financial marketplaces.
(Remember the Bank of International Settlements' comments on this possibility, wherein the BIS stated that should the U.S. adopt this course, its economy would collapse in five days and the global economy five days after that.)

Indeed, should the current regime remain in power, the economic outlook for both the United States and the world remains bleak.

Das Ende scheint nicht weit weg zu sein.
Die Frage ist nur, warum wollen sie wiedergewählt werden? Aus Angst vor Strafverfolgung?
Politico.



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