DEBT – WHY IT’S SO IMPORTANT

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Darrell Castle endeavors to explain why he thinks debt is the worst, most unsolvable problem we face as everything we call a standard of living hangs in the balance.

Transcription / Notes

DEBT—WHY IT’S SO IMPORTANT

Hello, this is Darrell Castle with today’s Castle Report. Last week I mentioned that debt is the worst problem we face as a nation and I got some comments so this week I will endeavor to explain why I think debt is the worst, most unsolvable problem that we face and why I think that because of debt everything we have and everything we call a standard of living hangs in the balance.

Sometimes we forget that in the 1990’s the federal government had a balanced budget, When Bill Clinton was president the federal government lived within its means but today it is $40 trillion in debt. So, what, many people say, because it doesn’t seem to affect them and after all they live in a nice home for which they have a 30-year mortgage. In the Clinton years the average age of first-time home buyers was in the 20’s but now it’s about 40.

George w. Bush came along and decided we would be required to fight some of Israel’s enemies for then and so the debt started its out of control climb to the $40 trillion that it is today. Three fourths of the increase has been added since Obama took office and about $11 trillion or 28% since Trump took office.. In other words, it is accelerating because the U.S. has no way to fund it without borrowing more, a practice known as monetizing the debt or using more debt to pay debt otherwise known as a debt spiral.

So, the problem in the private economy is inflation which is why gas was $1.25 in the 90’s and is about $4.00 in most places today. Inflation is caused by excessive money printing and excessive money in circulation which devalues all the money you make. If you make $85 thousand per year and do not get a raise for 10 years and there is no inflation you have not lost anything. When inflation doubles the price of necessities during that period you have lost a lot.

People are starting to realize all that and it is causing some disturbing reactions especially among young people. They see the system as being gamed against them because some people are rich and they are not. No matter what they make they seem to barely get by, especially in New York, so when a charismatic leader comes along and says I will take from those bad rich people and give it to you they bite. They see the capitalistic system as bad and evil because they have not gotten theirs from it but that is exactly the wrong reaction.

The system is broken but not because of a failure of design. It is broken because it has been perverted by a tiny group of globalist ruling elite who are not stupid. They see the entire system failing and on the brink of popping the bubble that props it up and they do not react by trying to fix it and restore soundness. No, the ever more feeble state doesn’t pull back and lick its wounds to heal. Instead, it becomes a predator extracting every last dollar from the system that it can. The entire post-war European model of a social state is no longer working, but the state and its ruling elite just keep looting and I suppose they hope we don’t notice.

The system works like the old quote from George Carlin that we are all familiar with. “See, folks it’s a big club and you ain’t in it.” Well, I heard some former insider the other day say that George’s quote was spot on except today it should be amended to say that it’s a small club and you ain’t in it. A very small group of people run the world this man was saying and they see what is happening and it terrifies them.

They know the debt will never be dealt with and will never be paid. They don’t think the deficit will ever again be reduced to zero so they see the only hope as total control through surveillance of every person on the planet. This is accomplished through the widespread use of flock cameras among many other things. The newspaper reports that there are over 1000 flock cameras in my city of Memphis. Total surveillance allows those in control to monitor us and act if we get too uppity.

Central bank digital currency will be the primary method of dealing with all the debt the U.S. carries and with the growing dissatisfaction of people with consumer debt they can’t live without. The ruling elite first make debt slaves of us all and finally they start to sense chaos and perhaps revolution in the air and they have to do something. Publicly they have their bread and circus to pacify us but privately they have other methods. The people continue to elect what turns out to be the worst people in the country.

The state has lost its fear of you or what you think about what it is doing. Let me give you an example by going back to the beginning. The founders designed a system whereby it took the will of the majority of the people’s representatives sitting in Congress to send the nation to war. The president had to go the congress and request permission to go to war and the people through their elected representatives had to agree. That was because war had to be paid for and that would require taxes which would affect everyone. What a quaint idea, but it might also require sending their sons to possible death so it was a serious matter.

Even as late in history as George W. Bush’s war on Iraq if you remember he and Dick Chaney kept us in suspense for many months before the war so they could build a consensus of the people and the media to support the war. It worked because most people supported the war because of 911 etc. We could not imagine it was all just a set up and part of the plan. Now we are so numb we just don’t care anymore. The president sees poll after poll that shows his war on Iran to be the most unpopular in history but he doesn’t seem to care. Going to congress or what the Constitution says means nothing nor does the oath of office.

Now they don’t seem to care what the people think and they don’t even bother to convince us. They seem to know that this reckless waste of money is creating more and more resentment and a breaking point is rapidly approaching. Mr. Jefferson told us in the Declaration that rights come from the creator and they are inalienable. To secure those rights governments are instituted among men. In other words, the purpose of government is to secure our rights not to abuse them. He went on to say that when government becomes destructive of those ends it is the right of the people to abolish it. I submit to you that after many years of governments destructive of those ends the people are growing ever more weary and the tiny group of elites at the top can clearly see that and they are taking steps to make sure it never happens. What are some of those steps, well I’m glad you asked.

Constant surveillance of every person on earth. Flock cameras everywhere and now even our cars report back on our behavior. Debasement of the currency to the point that central bank digital currency is obviously necessary and with it is the end of privacy, even the limited version of it we have today. Soon there will be constant monitoring of everything you say and write in the public domain. Constant, never ending, pointless, bloody wars, that are so stupid blind people can see them for what they are. Abandonment of the moral center of the country to the point that bedrock faith is just a ruse to appease a few right wingers.

Demeaning of the culture at every level with the foulest words used constantly by those in high places. Those are just a few of the things already coming or on their way. To make all this work and save the elite a very small population of cooperative people is all that is necessary and AI will do the work. The population must be reduced to accommodate the sick dreams of these satanic madmen. Since AI is going to destroy the low and middle class well, I guess we don’t need as many of them complaining.

There are many ways to kill us but the first way that should be obvious to anyone is biowarfare. COVID was and is the best example. The virus, thanks to the science, and his cohorts was engineered to kill in mass numbers but it didn’t so the Vaccine had to be invented to do its work. Destroy the reproductive systems of young women and cause miscarriages in those who are pregnant. I’ve read from Dr. Naomi Wolfe and her work that about 80% pf pregnant women who were injected with the mNRA vaccine miscarried. Dr. Fauci’s top assistant just pled guilty to covering up information about gain of function work on the virus. Pfizer admits through 10’s of thousands of pages of documents that it intentionally attacked the reproductive systems of women.

In fact, one might say that Marx was right or at least on to something when he described religion as the opiate of the masses. What he might notice today is that opium and its directives are the opiate of the masses. The country has been flooded with drugs since Vietnam days and the more war we make against it the worse it gets. The illegal drugs are only a welcome part of the cocktail that our overlords feed us. Well meaning doctors do the only thing the system allows them in the 15 minutes every 6 months they are allowed to see us and that is prescribe big pharma cocktails for every problem. Any natural product,i.e. one made from leaves of trees grown in Asia must be banned to protect us. Yes, the government and its agents constantly scan to see what might help people so they can ban it.

Let me go back to the beginning as I draw near the end by saying that they start with abortion. They have trained women along with the Supreme Court to call it reproductive freedom but now 10 states allow abortion until the moment of birth. That sounds a lot like cold blooded murder to me but the proponents of it clap like trained seals with no knowledge, apparently, that they are assisting a very evil few to destroy many.

Finally. Folks, I know this all sounds like some wild conspiracy theory but it is instead fact whether you choose to see clear evidence or not.

At least that’s the way I see it,

Until next time folks,

This is Darrell Castle,

Thanks for listening.