Each Friday, I report on the impending and inevitable collapse of the U.S. Federal Government. These columns generate intense response and regular questions. Today, I want to answer a couple of the most frequently asked questions. They may be weighing on your mind.
The most popular question is: “Floyd, how can you make the statement that government collapse is inevitable? You can’t know the future.” My retort is simple. I studied mathematics.
In many fields of knowledge, the answers can get fuzzy. Do we have global warming? Do we have global cooling? Put a group of climatologists in a room and you can find not just two answers, but a multitude of plausible and interesting answers.
However, try the same experiment with mathematicians, and the answers to the problem should be the same. Math doesn’t lie, and the equation doesn’t change. The only change is in the variables, or the inputs.
This is why I can say with total confidence that America is going to collapse. In fact, the collapse of the U.S. government is as inevitable as the collapse of Enron was. Because for the last 40 years, our political leaders have made promises and written checks that they can’t cash.
The Entitlement Equation
This week, I reviewed the 2013 annual reports of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds. And the picture of the future is quite horrendous. In less than a year, the Social Security program’s unfunded financial obligations rocketed up $1 trillion from last year’s devastating projection of $8.6 trillion.
The bottom line is this: The Social Security program over the next 75 years will require 9.6 trillion more dollars than we have. And the ability to collect enough money within the current tax regime just doesn’t exist.
Our leaders on Capitol Hill and in the White House have promised benefits to people, but the current tax system doesn’t have a chance in hell of ever being able to collect the money to fund these benefits.
What’s worse is that the $9.6 trillion is just the unfunded liability for Social Security. If you look around at the host of other programs, they’re all drastically underfunded too. And the sad reality is that if you stripped average Americans of every dollar, I doubt even then that we could pay these bills.
The entire Gross Domestic Product (GDP) of the United States in 2011 was under $15 trillion, so why do politicians promise benefits that our economy can’t possibly sustain? The only answer is that they never studied math. Barack Obama clearly can’t do simple math.
So bankruptcy and collapse are inevitable without a drastic change in the variables or inputs. If we woke up tomorrow and started only spending what we took in, the situation would radically change. But to get politicians to cut benefits to the point of a balanced budget is like asking Lindsay Lohan to give up booze – or better yet, asking John Belushi (when he was alive) to give up drugs.
When Will America Collapse?
Above is the second question that I‘m regularly asked. Again I give a simple answer: We’ve already started to collapse.
If you’re under age 30, you know what I mean. Adequate jobs for the under-30 crowd are non-existent. America sticks brilliant minds, holding quality degrees, with jobs like stacking merchandise at Walmart (WMT) or slinging hash at Denny’s (DENN). The young people I know have had great difficulty getting jobs in their chosen field – if they get a job at all. Don’t believe me? Talk to the under-30 crowd near you, and I think you’ll find I’m right.
This is due to our government’s policy of de-industrialization. America has slowly liquidated our manufacturing capabilities, along with our wealth. And now the world’s richest 1% control 39% of all the planetary wealth.
In contrast, the bottom 50% of people controls just 1% of the world’s money in aggregate. The worldwide financial and political system now delivers and funnels the riches to the very pinnacle of the wealthiest people.
How has this happened, you ask? Well, the global elite have amassed tons of wealth by lending money to the U.S. and other governments. Our debt-based monetary and financial system transfers wealth from average citizens and the government into the hands of the worldwide banking organizations.
Then the “too-big-to-fail” banks use leverage to gobble up everything of value – they want the world’s natural resources, profitable businesses, and real estate. Because they don’t rely on the safety net and social services the politicians have promised the rest of us, they really don’t care if a government collapses.
In the end, it’s this unchecked greed that‘ll end up pushing the government past its tipping point.
This article originally appeared at CapitolHillDaily.com and is reprinted with permission.








Unprecedented Corruption: Destroying Ourselves
Americans are seeing levels of corruption in government like never before. The truths being revealed almost daily highlight a central issue: the importance of integrity in leadership.
Leadership sets the tone and the example.
We’ve been down this road before. Richard Nixon actively engaged criminality, creating a crisis and destroying confidence in leadership, leading to his resignation. Bill Clinton’s behavior encouraged staff to behave likewise resulting in criminality, a credibility crisis, and impeachment.
The present state of affairs makes Nixon and Clinton look like amateurs, continuing the shame of seeing executive leadership demonstrate criminal and immoral behavior, leaving youth to conclude that nothing of value matters anymore.
One scandal after another in recent weeks makes this administration look like an international crime syndicate. Americans should keep in mind that Harry Truman was right in saying that the buck stops at his desk. Ultimately, the President is responsible, as Obama has stated himself over and over.
The latest outrage involves allegations of criminality in the State Department. Once again, illegality has apparently been fairly widespread; and when honest government investigators attempted to do their jobs, they were waved off and told to stand down.
This revelation is reminiscent of scandals involving the Secret Service not long ago. It is another example of government engaging in illegality, covering it up, and then turning on whistleblowers trying to do the right thing. That spells “police state.”
Working back through time to review this massively deteriorating situation:
>NSA leaks reveal unprecedented domestic surveillance some say far exceeds the original intent of the Patriot Act. Feds are in bed with 50 communications companies to collect data on citizens. Creeping fascism. The Director of National Intelligence is accused of lying under oath.
>The IRS is intentionally harassing conservative groups, infringing constitutional rights, engaging in illegality, and persecuting average citizens with the inappropriate use of FBI and ATF investigators to suppress opposition voices.
>DOJ investigates journalists (Rosen at Fox and hundreds of editors and reporters at the Associated Press.) The Attorney General is now accused of perjury.
>Serial scandals and controversies over the years at DOJ leave the Attorney General looking like a criminal co-conspirator: Black Panthers cut loose after being convicted of felonies, Fast & Furious gun running resulting in hundreds of deaths, subsequent stonewalling of congressional investigators, bungling the Boston Massacre investigation, to name a few. Whistleblowers again are targeted for persecution and sanction.
>Immigration officials are forced to sue the Administration, alleging that Obama purposefully prevented them from doing their jobs in enforcing standing law.
>EPA officials run roughshod over companies and individuals, installing policies and procedures to enact provisions of global warming mitigation rejected by Congress.
>The EPA releases personal data on 80,000 farmers and livestock operations to environmentalist groups, thus targeting farm families.
>Scandal surrounds Benghazi; leadership is lying to the public, covering up, and attempting to distract attention.
>Another scandal involves the deaths of SEALS in Afghanistan: irregularities, illegalities, lies, and cover up.
>Obama’s Sec. of Health and Human Services illegally asks companies she will regulate to contribute funds to help forward the implementation of ObamaCare.
>Various federal agencies sponsor conferences, wasting millions of taxpayer dollars on frivolous events (GSA, IRS, Veterans Affairs for example.)
>Scandals involve fraud and waste throughout the Stimulus spending debacle; green subsidies end in company bankruptcies over and over.
>Obama wages war in Libya without congressional authorization.
>Lies and media manipulation in the wake of Sequestration put public safety at risk.
>Obama makes illegal recess appointments and other moves to circumvent the Constitution and Congress, most notably the effort to install the Dream Act by executive order to achieve immigration reform without legislative action.
This criminal Administration has lost credibility. The people do not trust Obama. He never had integrity; and finally, the people have concluded he is unfit to lead.
Heartbreaking reality: the words of Lincoln are coming true . . .
“If we falter and lose our freedoms, it will be because we destroyed ourselves.”
Character and morality matter, after all.
Photo credit: terrellaftermath