Wake up, America: you’ve been swindled for far more than what you’ve been told.  The $700 billion dollar banking bailout that was rushed through the Federal government, was just a twelfth of what has been promised and being spent.

As many people, myself included, predicted that the government bailout has not ended, but only begun.  The San Francisco Chronicle has reported the breakdown of government spending and commitment in the overall bailout scheme, and the total value is $8.5 trillion dollars and counting. This is nearly 60 percent of the nation’s gross domestic product!

The USA is officially on the path to becoming a third world socialist quagmire and you can blame both the Democratic and Republican parties for this.  By bailing out rich bankers with your money, and money that the Federal Reserve prints without real backing, they have planted the seeds that cannot be sowed and our economy is going to flush like a giant toilet.  If you want a clear example of taxation without representation, this is it.

If you don’t own a firearm, buy one.  Then buy ammunition and plenty of it.  If the riots in Iceland are any example, you can expect things to get very ugly here, before the economy even appears to be stabilizing – assuming that it ever does.