by: Floyd Brown
Each Friday I report on the impending and inevitable collapse of the U.S. Federal Government. These columns generate intense response and regular questions. Today I want to answer a couple of the most frequently asked questions. They may be weighing on your mind.
The most popular question is: “Floyd, how can you make the statement that government collapse is inevitable? You can’t know the future.” My retort is simple. I studied mathematics.
In many fields of knowledge, the answers can get fuzzy. Do we have global warming? Do we have global cooling? Put a group of climatologists in a room and you can find not just two answers, but a multitude of plausible and interesting answers.
However, try the same experiment with mathematicians, and the answers to the problem should be the same. Math doesn't lie, and the equation does not change. The only change is in the variables, or the inputs.
This is why I can say with total confidence that America is going to collapse. In fact, the collapse of the U.S. government is as inevitable as the collapse of Enron was. Because for the last 40 years, our political leaders have made promises and written checks that they can’t cash.
The Entitlement Equation
This week I reviewed The 2013 annual reports of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds. And the picture of the future is quite horrendous. In less than a year, the Social Security program’s unfunded financial obligations rocketed up $1 trillion from last year’s devastating projection of $8.6 trillion.
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