Whatever happened to the “tin foil hat” jokes?

By: Loose Cannon

I hate to say “I told you so”. Really, I do.

Remember back a few years ago, when those of us that saw this coming tried to warn people? Remember when you thought the “PATRIOT Act” was a Good Thing? Or how we needed to make Saddam “pay” for 9/11? Or how the housing market bubble was never going to burst?

We were met with derision. We just needed to loosen up those tin foil hats. We just needed to get a life. Right?

Everything was going to be just fine.

Only look at the situation we are in now. Is it bad enough for you yet?

Do you think we have seen the worst of it? Will the obamessiah save us?

No, we haven’t seen the worst of it. No, obamessiah will not save us. It’s just starting. Let the games begin!

Tell me, what do you think is going to happen when the welfare debit cards are no longer sent? Can you say “RIOTS”?  California and Kansas cannot pay their bills now.

Some numbers suggest the dimensions of the crisis. As states are preparing their fiscal 2010 budgets, they are looking at a revenue shortfall of $84.3 billion, according to the National Conference of State Legislatures. The largest gaps forecast for 2010 are in states hardest hit by the real-estate crash: Nevada (with a budget shortfall of 37.6 percent), Arizona (28.2 percent), New York (24.3 percent) and California (22.3 percent).

Facing these deficits, most states have said they will cut services and payrolls. At least 40 states are planning such cuts, according to the Center on Budget and Policy Priorities. The proposed cuts are scary: At least 28 states are contemplating reductions in public health programs; at least 22 are targeting services for the elderly or disabled.

Source

It won’t be long and there will be no more “contemplating”. Once the downward slide into the abyss begins in earnest, there will be no stopping it until we hit the bottom.

You have a very small window of opportunity to prepare as best as you know how. Or, you can make more tin foil hat jokes. But I haven’t seen too many of those jokes lately. I wonder why…