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By: Wayne Brown
There is much going on in the world today as chaos and destruction seems to dominate the daily news stories. The Middle East is in turmoil with Egypt having overthrown its regime and both Libya and Bahrain attempting to topple the current monarchies. Japan has suffered a triple disaster in the form of earthquakes, tsunami, and now a potential nuclear meltdown. With these stories in the news it is very easy to forget what is going on here at home in the USA.
Given the circumstances in Japan at the present, one living here is America can breathe a sigh of relief that we have been blessed not have suffered such disasters within the confines of our own country. While our hearts and our assistance is extended unto the people of Japan, we are also relieved that our own world is seemingly much more in order.
Unfortunately, there are far too many in Washington today who would have us believe that things are okay and that life is rather serene for America and its citizens. Sure, we are not digging our loved ones out of the rubble of earthquakes or trembling in fear at the potential for nuclear contamination but let’s not be too quick to decide that we are safe under the present circumstances our nation faces.
Over the 200 hundred plus year history of this great country, we have seen our share of difficult situations in terms of draughts, dust bowls, famine, earthquakes, hurricanes, tornadoes, wars, and violence in the streets. We have worked our way through these situations because we were not yet teetering on the brink. We still had reserves; still had alternatives. Now we face new challenges and our potential solutions are much more constrained due in great fact to years and years of elected governments squandering the revenues paid in taxes by our hard-working citizens. With each new wave of political ideas that wash upon the shores of Washington, we have seen our future mortgaged time and again as the solution to our existing problems was to sweep them under the rug and continue on a path which lacked fiscal responsibility. Now, we find ourselves so far down that path that we cannot hope to turn back and reverse the damage. Now we find ourselves at a place where we can no longer sweep the problems under the rug and continue mortgaging the future. Now we find ourselves, like so many in the world today, in crisis.
Our national debt towers larger than it has ever been in history nearing the level of $14 trillion dollars. The number is beyond the scope of the imagination of the American public. It is also representative of our habitual mortgaging of the future so that administration after administration holding office could carry out it desires in both the USA and the world. It is the absolute symbol of poor financial management and total irresponsibility on the part of those that America elected to guard the financial health and well-being of our country. For the most part, our future is held as debt in the hands of the Chinese. At the current level of debt, it would appear that we have mortgaged everything except maybe our souls to China in order to secure more money to feed our growing spending habits as a nation. America’s need for money far exceeds the worst desires of the most chronically addicted dope addicts in the world to today and it is just as shameful.
If the current pattern of growth in spending of borrowed dollars continues, soon our debt load will equal or exceed or Gross Domestic Product. Essentially, at that point, we will be technically bankrupt as a nation. While many conclude that we were bankrupted long ago, the ratio between debt and assets will officially place us as such. When that condition occurs, our ability as a nation to sell bonds and treasuries in order to borrow against our future will diminish rapidly. At that point, we may no longer be able to pay the debts we have which are outstanding. As a nation, we will default on loans from other countries and our credibility will be in ruins. Along with that, we will see the buying power of our currency come crashing down to something that approaches worthlessness. We will see all that we have saved and planned for destroyed by the stupidity of those we elected to high office.
At the present, we stand on the brink of financial disaster. We continue to move down that road operating the country without a financial plan or budget…literally, operating out of our pocket like some kid who just got his paycheck and cashed it. In essence we are without restraint and still we have elected officials in Washington who spend too much of their time trying to demonstrate how much vision they have for the future by coming up with yet another program for spending which our coffers cannot afford. We have no financial restraint nor do we have people in place with enough courage and determination to pick up the gauntlet and move forward in that direction.
I don’t care which side of the aisle you sit on today be it conservative or liberal. Like it or not, regardless of how we feel politically, we are all strapped to the same log that is drifting down river and headed over the falls. It is past time that we put away our petty political differences as a public and got behind an all out effort to force the President and those we have sent to Congress to act; to make the hard decisions; to quell the spending and the waste; and to commit to long-term programs that will put America back on track to financial responsibility. There are no alternatives to this, only impending disaster and that disaster looms more real with each passing day that we sit and watch those on Capitol Hill argue back and forth with their petty needs and their desire to win held high over and above the welfare of the American people and the financial stability of this country.
If we continue on our present path, the walls will crumble and fall down upon us. Hard times will descend upon the economy of this country like none that we have ever before witnessed. As the song goes, “The Good Times Will Be Over For Good”. We will not have to be worried about being rescued for there will be none capable of doing so. The rest of the world will drown in the economic tsunami created by the collapse of the American economy. All that will be left will be the giant sucking sound of the wind coming out of our economic sails.
Americans must band together and we must put the pressure on those in Washington to do the right things. Our elected ones must immediately begin to shrink our government in terms of its size and payroll. They must define priorities and methods to reduce spending rates significantly by examining every avenue in which America currently spends money. We must quell the spending and begin to reduce the debt as a first step to turning our ship onto a new course that will require us to remain steadfast and courageous as we face the future. We do not have the time left to wait until the next election cycle. We do not have the time left to decide who is going to be the “bad guys”. The time is now. It is here and action must be taken.
America is sorely lacking leadership at the present time. Our government seems to abound with individuals who are more than willing to promise the American public the moon in order to win office and then be quick to implement programs that feather their own nests and work at only buying the voting blocks of various unions and organizations. America can no longer afford these people. America can no longer afford to pay a Senator or a Congressional Representative six figured salaries and a retirement plan rift with exotic benefits. It is time that these people stepped forward and offered some of that fat back to America as a first step in heading down a difficult road. When we see that step, we will know that we finally have some leadership emerging from the ranks.
Yes, there are people suffering in spots throughout the world that need and deserve our help. I am quite certain they will get it as America seldom fails anyone when they set their minds to it. In turn, we have to set our minds to the fact that we, as Americans, must save ourselves if we are to be there to help others when the next disaster occurs…and it surely will. God Bless America.
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