Monday, March 31, 2014

China overtakes American Economy


A new television ad about the U.S. national debt produced by Citizens Against Government Waste has been deemed "too controversial" by major networks including ABC, A&E and The History Channel and will not be shown on those channels. The commercial is a homage to a 1986 ad that was entitled "The Deficit Trials" that was also banned by the major networks. 

Apparently, telling the truth about the national debt is a little too "hot" for the major networks to handle. But perhaps it is time to tell the American people the truth. In 1986, the U.S. national debt was around 2 trillion dollars. Today, it is rapidly approaching 17 trillion dollars. The American Dream is being ripped apart right in front of our eyes.


The commercial is set in the year 2030, and the main character is a Chinese professor that is seen lecturing his students on the fall of great empires. As images of the United States are shown on a screen behind him, the Chinese professor tells his students the following about the behavior of great empires: "They all make the same mistakes. Turning their backs on the principles that made them great. 


America tried to spend and tax itself out of a great recession. Enormous so-called "stimulus" spending, massive changes to health care, government takeover of private industries, and crushing debt."

Perhaps it is what the Chinese Professor says next that is alarming the big television networks: "Of course, we owned most of their debt, so now we are their new Masters!"




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