My son is in the Alabama national guard. He said most do not like Obama. He has cut some of their benefits, and is wanting them to cut back on their numbers. Also, the military is downsizing, which they don't like. He is EXPANDING the role of Homeland Security, IRS armed agents, and other federal agencies. He has more control over the other agencies than he does the military. My son said he personally would not take away citizens guns nor fire on American citizens. He has worked security after the Alabama tornados last year. He said he didn't see any looters, just gawkers. Of course, we have had Republican governors which called them out as soon as it happened, unlike the Democratic governor in Louisana, who didn't call out the guard until way past the time of problems and expected the feds to immediately come in and help.
I think if Obama is not re-elected, there will be riots in inner cities and other places. However, I think Romney can put on brakes and give us more time before the feds are bankrupt. We are $15-16 trillion in debt. The American economy is only about $16 trillion a year. When the feds get to $20 trillion, there will only be enough received in taxes to pay the INTEREST on the debt. At that point, if China or anyone cashes in their T-bills or bonds, the government can't pay them. I think Romney sees this as well as Ryan, and they both know cuts have to me made to sustain the government and the economy. Obama knows this also, but he will use it to take over the utilities, factories, mines, etc, so their ownership of wealth can be used to pay our debtors like China. This would create his communist/socialist state. There is already talk of taking over all pensions, 401-k's and IRAs, to use to fund expanded social security. 25 million Americans have a 401-k. Many more have pensions. Some have IRA's. However, most do not. The feds already have majority ownership of GM and Chrysler, also AGI, and one of the big underwater banks. They have about 75% of the mortgages. They have taken over student loans. The feds have gotten way too big, cumbersome, and inefficient. The Soviet Union fell because their government was way to big, owned practically everything, and fell under it's own weight.
Several senarios, most are bad.
1) Hyperinflation so government pays back debt with inflated dollars like the Weimar Republic of Germany after WWI. People may riot, steal, etc, to feed themselves.
2) Government takes over raw materials, utilities, and most large manufacturing to use profits to pay debt. We become serfs to the government with limited freedom and mobility.
3) Govenment makes drastic cuts because they can't pay bills. Welfare, food stamps, Social Security, the millitary, all will take drastic cuts. People will riot.
4) Government raises taxes and has more controls through EPA, etc, thus causing the economy to crash with a greater depression than the old one. Billionares and Millionares will leave the country, more factories will leave, people have less money to spend because of high taxes.
5) A combination of the above in some form or fashion.
6) A good president, legislature, and good supreme court justices to balance the budget, cut through red tape, limit controls and regulations, cut unnecessary government programs, give more control to states, make good environment for manufacturing to return, thus returning to a vibrant robust economy that can cover necessary programs. I think Tea Party Republicans see this, as well as Libertarians, and know something must be done. Obamas way will lead to socialism/communism/facism in one form or another.
As you can see 5 out of 6 are bad. Romney will try to do part of no. 6, but probably won't go far enough, thus the brakes, but still the clift ahead. Obama will have one of the first 5 in place before his second term is up.
Pray, vote, and Prepare is all I can say.
