This is one of Colonel West’s best that I have read. That’s saying a lot. Please do read it.
ALLEN WEST’S WEEKLY WRAP UP VIA NEXT GENERATION TV
It seems like everyone all of a sudden is learning about something that has been looming for nearly 18 months – sequestration. That awkward word is Washington-speak for draconian, across-the-board cuts to federal spending mandated in 2011 because the unduly titled “super committee” in Congress failed to make more targeted spending cuts.
Some officials in Washington will tell you we don’t have a spending problem. (Boy, they must be drinking something good!) But when you analyze the cuts set to kick in today, you learn that they represent only a 2.4 percent decrease in the growth of the federal budget. Actual spending still will increase!
The cuts will be only $85 billion a year; the United States truly borrows that much in a month. The Federal Reserve also is printing money and buying mortgage security and treasury bond debt to…
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