How Can America Pay Back The Trillions And Trillions Obama Squandered?

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  1. PhoenixV profile image63
    PhoenixVposted 21 months ago

    How Can America Pay Back The Trillions And Trillions Obama Squandered?

  2. profile image0
    Old Poolmanposted 21 months ago

    The first step would be to find and eliminate government waste.  That of course would take a large team of people many years to accomplish.  The hard part would be to ensure the money saved went toward the debt rather than being wasted on something else.

    Our Foreign Aid program is one of the biggest money wasters we have.  The list of countries we give money should be examined closely and eliminate those countries who absolutely hate the USA.  I have been told this program as currently administered makes it impossible to stop payment by line items.  I'm not sure this is true but it seems we either pay everyone on the list or nobody on the list.  The savings from this could also go straight toward our debt.

    Federal Grants for pretty much worthless programs are awarded like giving candy to children.  Many of these grants go to relatives or friends of politicians.  There should be more focus on what this country would gain from giving money for any research project.

    I could go on for hours on this topic, but I know that isn't what you were looking for.  Nobody could run their household the way the government is run.  Why should it be any different?

    1. The0NatureBoy profile image45
      The0NatureBoyposted 21 months agoin reply to this

      Cut every budget by 25% for your #1. Stop all foreign aid and cute out Middle man for your #2. Stop subsidizing for profit companies, the NFL & Amtrak are examples, stop the worthless federal grants and ensure doctors and medicines heals people #

    2. bradmasterOCcal profile image29
      bradmasterOCcalposted 21 months agoin reply to this

      Elijah
      How about if we just stop giving aid around the world. Get out of the Middle East, Africa and the rest of the money sucking countries. You think NFL and Amtrak are the same thing?

    3. The0NatureBoy profile image45
      The0NatureBoyposted 21 months agoin reply to this

      I 100% agree, also cut the military's budget 50%, we are NOT the "world's policeman" and stop attempting to "occupy" every nation with it. Re-develop our infrastructure turning our money over many times at home instead of abroad as we are.

    4. bradmasterOCcal profile image29
      bradmasterOCcalposted 21 months agoin reply to this

      Elijah
      Unfortunately, keeping our military strength is needed now more than ever because China is becoming a clear and present danger to the US. Don't you think so?

    5. The0NatureBoy profile image45
      The0NatureBoyposted 21 months agoin reply to this

      I disagree, half of our strength is more than enough military to protect our nation's right to be free. They're building to protect against the aggressing USA. The world is tired of its NWO to kill everyone to leave only 500 million alive.

    6. profile image0
      Old Poolmanposted 21 months agoin reply to this

      Elijah Alfred - I can't think of anything much worse than further weakening our Military right now.  I am too old to learn how to speak Russian or Chinese.

    7. The0NatureBoy profile image45
      The0NatureBoyposted 21 months agoin reply to this

      If the US become a nation of peace the world will follow, what would happen is told in the Bible's Isaiah 2:2-4, each nation will live in their own borders and have the right to travel the earth without being afraid of dangers for for 4 years only.

    8. profile image0
      Old Poolmanposted 21 months agoin reply to this

      Elijah, that would be great but it isn't going to happen.  Do you think if you wandered into a crime ridden neighborhood by mistake they would leave you alone because you believe in peace?  The world is now a violent place and we need strong Military

    9. bradmasterOCcal profile image29
      bradmasterOCcalposted 21 months agoin reply to this

      Elijah
      Peace has never happened in the history of humans. It is not in their nature. Evil is predominant, and good has never conquered it. I like the scorpion and frog story.

    10. The0NatureBoy profile image45
      The0NatureBoyposted 21 months agoin reply to this

      BOC, the reason is to let man experience peace for once, also, it's needed to allow those desiring out of civilization the opportunity to get out to survive world's end prophecy suggests will happen no lager than 2028.

  3. The0NatureBoy profile image45
    The0NatureBoyposted 21 months ago

    There first step is to see how "Article 1.8 establishes much of congress’ powers including the power to coin and print money in paragraph 5 and to borrowing it in paragraph 2, so having the privately owned Federal Reserve Bank coin and print the United States’ money our government borrows and repay with interest from The People’s taxes is, by our Public Trustees’ oath, not 'supporting the Constitution'" require This nation to coin and value its own money.  From there we return the printing presses to the U.S. Treasure and require the "Federal Reserve" to repay the interest The government has paid since giving the presses to the FR, that alone will eliminate the national debt.

    The second is to tax all Corporations per ...
    [Article XVI (Amendment 16 - Income Tax)
    The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration]
    ... and free We The People from all taxes for the next 4 years.

    Third, use those moneys to provide jobs for everyone in need of one and/or make boy's salaries large enough to prove die for mother to remain at home - if desired - to se tho the education of children rather than the conditioning them to following national leaders blindly.  In that way, singles would be able to live independent of parents and co-living to be able to live away from parents. Also, forgive all of the college "Brainwashing" excessive debts incurred by those believing college was educating them.

    That is how to eliminate the debt and use it for those who have carried this nation on their backs, the poor.

    1. Ericdierker profile image44
      Ericdierkerposted 21 months agoin reply to this

      Here is the cool thing that happens. American economy is booming. Dollar value soars. Oops our goods are too expensive - no export. Down goes economy. Easy print more money to pay off debt and to keep the dollar low. Not rocket science.

    2. The0NatureBoy profile image45
      The0NatureBoyposted 21 months agoin reply to this

      Keeping US money in the nation brings cost of goods down and income up, importing and out cropping jobs devalues money as costs goes up. None precious metal backed money devaluates it, "No Rocket Scientist" needed.

  4. bradmasterOCcal profile image29
    bradmasterOCcalposted 21 months ago

    https://usercontent1.hubstatic.com/12653414_f260.jpg

    The government doesn't work on paying off their debt, they know they can just print more money. Revenue into the US Treasury is not the basis of the US Budget. The budget is not a budget as we find in private corporations because they have to keep the company in the black. But what happens to the US government when they go into the red, they just allocate more money, print it.

    What is more important is how they use the money that they have and print. While balancing the budget or even paying off a debt is not native to the government, we should at least try to direct their spending to benefit us.

    The govt is a lot like the scorpion in the frog and scorpion trying to cross the river on the frog's back.

    1. The0NatureBoy profile image45
      The0NatureBoyposted 21 months agoin reply to this

      The US doesn't print our money, on its back reads Federal Reserve Note the Rothschilds own, not the US. The US stopped printing money in the 19-teens and the FR became its printers we borrow it from on the collective worth of We The People.

 
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