Truth Convicts

Since when has taxation with representation meant bending over and taking it with a smile? Hitler hit it on the head when he said, “What luck for rulers that men don’t think.” We can’t even begin to comprehend the number, one billion, and most couldn’t write it numerically (1,000,000,000). Obama is now asking for $900,000,000,000 on top of the 8 trillion the last administration borrowed. Our nation will NEVER pay off this debt and it doesn’t intend to. The rest of the world, especially China, was slow to realize that they were throwing money into a rapidly sinking ship. All this stimulus money and no results, but we should sleep easy tonight knowing investment bankers on Wall Street are still getting fat bonuses thanks to Washington bailouts. In 1956 Eisenhower was able to construct the entire U.S. Interstate System with just $114 billion (inflation adjusted= $425 billion 2006 dollars). His project provided jobs for thirty-five years during construction, not to mention the man power it takes to keep freeways maintained. What a monumental task with what seems like chump change in our current mess.

How can an economy that is consumer driven by in-debt citizens ever make it without major collapse and reconstruction? The answer is it can’t. However, if they wanted to encourage people to overcome their fear of spending why didn’t they give you and me the money? If they were to give what has reached nearly 9 trillion dollars to the roughly 300 million U.S. citizens instead of wealthy business partners it would equal $30,000 per person. That is every man, woman, and child! This might have stimulated some spending.

I am not proposing that handing each individual $30,000 dollars would have been good for our economy. It would have created mass inflation and weakened the dollar. The point is, our government did cause hyper inflation and weaken the dollar by pumping this money into the economy, but in my illustration you had $30,000. Haven’t the working class learned yet that only the poor and super wealthy in this country ever get a financial break? The money earned by the working class is redistributed by the government like a modern day Robin Hood in bed with the Sheriff of Nottingham. I am concerned that this whole mess will initiate two things. One is the U.S. use of the Amero, and the other is known as the North American Union.