Sequestration Begins January2

Some of us with knowledge of history and knowledge that history inevitably repeats itself are preparing for possible civil unrest, beginning January 2, 2013. We have been predicting the “day of reckoning” for many years, and it seems to be on the horizon. One Senator, Lindsey Graham, already wants to kick the can further down the road and postpone our showdown with our economic destiny.
However, the law requiring huge automatic budget cuts is called “sequestration,” and economic Armageddon seems to be waiting for whoever is elected President in November.

In fact, the winner may wish that he had lost. The automatic cuts were demanded by our creditors, including China. Since Obama was elected, our credit rating has been reduced by the International banks several unprecedented times and we pay more for credit, adding to our national debt.

“On Jan. 2, approximately $54.5 billion in new spending cuts will hit the Pentagon while domestic programs will suffer an equal $54.5 billion in reductions. All of the cuts would be jammed into the nine remaining months of the fiscal year that ends Sept. 30, 2013, deepening the pain.”

http://in.reuters.com/article/2012/07/19/usa-...

“WASHINGTON (AP)— It didn't take long for the Internet to start buzzing with conspiracy theories after the Social Security Administration posted a notice that it was purchasing 174,000 hollow-point bullets.
“Why is the agency that provides benefits to retirees, disabled workers, widows and children stockpiling ammunition? Whom are they going to use it on?
"It's not outlandish to suggest that the Social Security Administration is purchasing the bullets as part of preparations for civil unrest," the website Infowars.com said.
“Another website, The Daily Caller, said the bullets must be for use against American citizens, "since the SSA has never been used overseas to help foreign countries maintain control of their citizens."

http://news.yahoo.com/why-does-social-securit...

Government problems tend to come in bunches. We can expect some pipsqueak countries, like Iran, for example, to think that they can take advantage of America’s weakened military and political position to try to wipe out Israel, or we may see another domestic terror attack.(There are still 100 missing suitcase-size atomic bombs missing that were sold by a rogue KGB agent shortly before the collapse of the USSR.)