A Committee of Correspondence

A Committee of Correspondence

American Taxpayers Insurance Co. Is Declaring Bankruptcy

We watched the usurper declare that “80% of Americans” are in favor of raising our debt limit and our taxes. To say we were astonished is to say the least.

CBS tried manfully to find support for the usurper’s lie with their own polls showing “60% of Americans” are in favor of that same insanity. The lame brain media really think we are as uninformed as they are. They think we don’t know how an actual “poll” is structured. That we don’t know that folks who are “taking a survey” are easily swayed by MANY factors including how the questions were asked, in what order, surrounding questions, surrounding information, context, in person or not, and a bunch of other things that have nothing to do with what the person taking the poll actually thinks about the topic being surveyed.

So, it came as no surprise to us that the number Gallup came up with was 11%. THAT we believe. Actually it recalled to mind a discussion we once had with a Marine recruiter during which he declared: “We recruit from the human race, so 10% of them aren’t worth a damn.” One of many good things about United States Marines is that they are good with numbers.

This, of course, is not true of liberals. Liberal Accounting is an oxymoron, and Liberal Thought is another.

And that is why the American Taxpayers Insurance Co. (the ATIC) is declaring bankruptcy.

You see, the liberals have been running this once-great country with a business plan that actually sucks. They have insisted that the American taxpayers (which sometimes doesn’t include them) are too rich and must give that wealth away to . . . well, to anyone EXCEPT hard-working law-abiding American taxpayers. And this has sucked the American taxpayers dry AND buried us in a planet of debt.

The liberals are anti-business and anti-capitalism. So they have found numerous ways to structure our tax code AND our rules and regulations AND our “environmental laws” so as to close America to both business and capitalism; and, in doing so, they have successfully exported our corporations, our jobs AND our technology. So in addition to going out of business, America is now out of work.

But even that didn’t make the liberals happy. Liberals insist that we owe the rest of the world. Not sure for what. But the American taxpayers have been shouldering the entire world’s irresponsibility for decades. Not just irresponsible Americans (that would include the 10% previously mentioned plus any other liberal hangers-on that could be recruited on the thinnest of pretexts) which, naturally, we have done. But, in addition, we have been making loans, and forgiving them, to foreign countries to the tune of TRILLIONS of dollars, for decades. We also have been sending “aid” to the tune of TRILLIONS of more dollars to absolutely everyone, especially the folks who hate us and want to destroy us. It has yet to impinge upon the “liberal mind” (that’s another oxymoron) that goodwill cannot be bought.

Ah, but the liberals weren’t done. They insisted that absolutely every aspect of American life must be ruled and regulated by the government. And so they hired millions of folks to do that — if they wanted to and could crowd it into their days filled with creating and e-mailing porn, or surfing for porn if they lacked the creativity to make their own, golfing, vacationing, partying, conspiring with other anti-Americans or un-Americans, or even just kicking back and driving their government cars to run their errands and go to the casinos to while away a few working hours. After all, MOST of those jobs really weren’t necessary because Americans are, by nature, law-abiding. All except that 10% that we previously mentioned. Liberals depend upon that.

But the liberals wanted to make sure that those millions of federal workers were making WAY more than the average American AND that they have golden parachutes of all types including retirement and healthcare benefits. So the American taxpayers also had to pay for a union for all those workers. The unions NEVER negotiated with the folks that paid for all those jobs with their lovely benefits. Nope. Once again, we were not consulted. The unions just “negotiated” with themselves and so never met ANY resistance. And the American Taxpayers paid the bills.

Ah, but that was not enough for the liberals. Nope. The credit unions, the auto industry, Wall Street (Wall Street? REALLY?!?!? WALL STREET?!?!?!?!), Freddie Mac and Fannie Mae and absolutely EVERY bank worldwide had to be “bailed out.” All those people had “risked” their own money, or at least that’s what the American taxpayers were thinking they were doing. If we thought about it at all, but mostly we were too busy just trying to keep a roof over our families’ heads and feed and educate our children. But then WE, the American taxpayers, came to find out that we, who were not even one time consulted in any of these “investments,” WE were on the hook for insuring those people. So in effect, they risked NOTHING. WE took all the risk. And the liberals added it to our pile of mounting debt. It went from out-of-sight to astronomical to impossible. Which is where it is now. It’s at IMPOSSIBLE.

We have shouldered the entire burden of “defending the free world,” too. And we have thereby allowed Europe to safely sit and create their “utopian” socialistic states. And all the while they were doing that they were looking down their supercilious elitist noses and taking vicious verbal potshots at America and our military. They were so busy with that, they never noticed that even though they haven’t been “burdened” with the costs of defending themselves for 60 years, they still can’t made socialism work — because it doesn’t work! Greece is only one of the countries in default. And let’s face it. They have already defaulted. As has everyone else. Some of us just haven’t gotten word of it yet.

But the American taxpayers and the American Taxpayers Insurance Co. have figured it out. We simply cannot do it any longer. Americans, especially conservative Americans, are not irresponsible. In fact, irresponsibility is anathema to us. But we were “trusting” the liberals “to mind the store” and to keep the books. Unfortunately they are all corrupt and deranged. So the American taxpayers and the American Taxpayers Insurance Co. have arrived at the moment of decision: Do we file for Chapter 11 or Chapter 7?

You know, Europe and the IMF and seemingly every other financial institution and country in the world are terribly upset at the mere suggestion of an “American default.” We find it odd that no one is threatening Greece with dire consequences because they have defaulted. But just the suggestion that America might choose a Chapter 7 or even a Chapter 11 is driving the liberal loons even loonier. Personally, we think they’re scared. Afterall, who will take the place of the ATIC? The liberals never thought about that while they were slaughtering the American economy and the American taxpayers.

Here’s some interesting food for thought:

This is from an e-mail sent out July 26, 2011, by Joseph Farrah:

Let me see if I have this straight.

Barack Obama is threatening to do the following if Republicans don’t approve raising the record debt limit, allowing him to spend trillions more on the backs of Americans not yet born:

* He won’t pay active-duty military personnel overseas fighting for their country and risking their lives and limbs;
* He won’t send out Social Security checks;
* He won’t make Medicare payments;
* He won’t pay interest on the debt he has already accumulated, deliberately prompting a default and destroying America’s credit rating;


He’ll do this not because there isn’t money to make all of these payments in the treasury, but because he wants to blackmail and bully Republicans and ordinary Americans who have made themselves dependent on government and to keep borrowing so he can do all of the following:

* subsidize Planned Parenthood’s abortion mills;
* subsidize the political propaganda of PBS and NPR;
* provide the monetary support for his Obamacare death panels and the complete federal takeover of the most personal and private medical decisions Americans make on a daily basis;
* pay alms to radical Islamists around the world by rebuilding and repairing mosques in some of the wealthiest countries in the world – including countries that forbid worship by Christians and Jews and other non-Muslims;
* conduct more pseudo-scientific research into aberrant sexual behavior;
* continue the existence of unwanted and unconstitutional agencies and departments of the federal government such as the Environmental Protection Agency, the Department of Education, the Department of Agriculture and the Department of Energy;
* continue to pay “entitlements” directly to Americans to buy their votes for future Democratic candidacies including his own;
* fund radical activist groups like ACORN; (Editorial Note: AND the ACLU. We need to rid ourselves of those and like-minded groups.)
* send money overseas in the form of foreign aid;

In other words, Obama threatens to use his power in a premeditated way to harm the country if he doesn’t get his way.

And here are two more excellent reads:
Wall Street Journal :: The Obama Downgrade
Two Pictures That Perfectly Capture The Rise and Fall of the Welfare State by Dan Mitchell

And we liked this anonymous e-mail, too:

An “Entitlement???”

What the hell is wrong here?

Remember, not only did you contribute to Social Security but your employer did too. It totaled 13.3% of your income before taxes. If you averaged only 30K over your working life, that’s close to $220,500. If you calculate the future value of $4,500 per year (yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working (me) you’d have $892,919.98. If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month. The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madoff ever had.

Entitlement my ass, I paid cash for my social security insurance!!!! Just because they borrowed the money, doesn’t make my benefits some kind of charity or handout!! Congressional benefits, aka. free health care, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days, now that’s welfare, and they have the nerve to call my retirement entitlements!!!!!!

Someone please tell me what the HELL’s wrong with all the people that run this country!!!!!!


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