It is time for the concerned taxpaying citizens to realize how close to a system failure the USA is at with the present government! Changes can be made that will allow this country to continue to be the Best in the world! Read and see what you think!

Date:   12/24/2010 9:40:51 PM ( 14 y ago)

 Here is a solution to help save our country:

 One thing you have to do is have a balanced-budget amendment.   It's completely irresponsible to spend more than you tax if you're the government because all you're doing is taxing future generations of Americans who are not even entitled to have a vote on decisions that you have done.  Debt is dumb and except for collateral backed loans; it should not be done!  This true for either  people or any government!

It's totally immoral to leave vast debts to be paid by our children and grandchildren {or anyone else!}.  *** {BTW: if you feel this is a good idea, send me your personal information, so I can get a loan that you will pay for!}  Every American ought to understand this.  We now owe more than $100,000 for each person (not just tax paying citizen), in the USA right now....  So it would put in a balanced-budget amendment that says unless our continental United States is invaded by a foreign enemy we have to run a balanced budget. If the Mexicans decide to invade us, then OK… we can run a deficit for a couple years just until we can repel the invasion.   Plus we now have a great number of foreigners coming into the country, which will change how taxes and money is being spent...  Mainly all those who come  think the USA is a giant Santa who exists just to give them what ever they need or want!    We don't know,. but it has to change.

But there is not much point at all in believing these foreign wars in Iraq and Afghanistan are worth the debts we're going to leave to our children.  The Medicare is way out of hand, and totally out of control...   But for the most part  Social Security has money and if left alone will cover those who paid in,   but there needs to be some control as to who gets SS... Actually SS has IOU from US Gov't to run, but of course with the spend and worry about it tomorrow thinking of the predomiate Democrat Party thought for the past hundred years is catching up with us now!   Running deficits to buy votes, is insane and stupid, plus it is completely immoral, but it shows just how decrepit and disgusting the American political process has become.

  So a balanced-budget amendment is No. 1.

No. 2, you have to have sound money. When you don't have sound money, none of the economy can function correctly. Prices are the most important form of information in the economy. Prices are what inform entrepreneurs about what needs to be created and what doesn't need to be created. When you don't have sound money, you have a completely distorted price system, and it all falls apart.  DUH!

Then of course,  some people have said, "Oh, look, capitalism has failed." 

 The answer is No! We haven't really had capitalism in this country since before World War II. What we've had ever since then is this sort of phony corporate state capitalism, really sort of socialism-light.  Too much  government!  So you have to have sound money... Otherwise, the economy can't function appropriately or efficiently.  That is the problem in the USA now!

So a balanced budget, sound money... When we say sound money, it should mean either gold and silver as money or some such sound backing for such a currency.  So you can say 25% backed by gold, 10% backed by gold, 100% backed by gold. It doesn't really matter which.  We should want to have sound money, plus  we should not want any inflation to be legally possible.

Then for the 3rd thing,  you'll never be able to keep those reforms, or you will never be able to keep a balanced-budget amendment in place, or you'll never be able to keep sound money in place until you change the fundamental nature of our government.  This is of course is the most radical idea that we share with other concerned citizens. 

Here is a simple idea to fix America.  Everyone should be entitled to vote when  they have spent dollars paying taxes.   Real simple.    If you spend money in taxes, then you have a vote.    But when you don't pay any taxes,  then you don't get a vote at all because you haven't invested at all in the equity of our country.  So I think that would really eliminate a lot of the problems that we have with people voting themselves the money from our treasury.

Right now in America, half the people in our country don't pay any federal income taxes – none.            So they are net beneficiaries of the present welfare state, and they're going to continue to vote for more and more welfare until they bankrupt our entire country.    The incentives of that are so clearly perverse everyone should understand why that's not a safe process, and that just giving people the vote based on their taxes is really simple.

 ***  Here is what would be even better: You could make taxes optional. If you don't want to vote, you don't have to pay any taxes. 

 Do this tax to vote change then you will see that this will really change the math! No 3  If you only have the people who pay the taxes, then you can vote as to how it is spent!     

 If these three principles: a balanced budget, real money, and change the voting system so only people who have a vested interest in the success or failure of our country are able to have a voice in the decision-making process, were imposed then the United States would become the true leader of the World again. 

 What is it going to take; race riots, more terrorism attacks, a complete shut down of the US finical system, or the take over the government by the Islamic Sar'hia government system or capitulation to China?

BTW:  All three things were in place when our country was founded.   So to say that these things are radical is really not true. These things are actually conservative. They're what our country was founded on. They are just common sense.; so if and when you put those things back in place, our country would be on a solid foot almost immediately.   Just like when the USA was originally founded!   HUH! Bet you did not know that!

 

 Well if we continue on this pathway here is; An End of America prediction. OK, am not absolutely sure, but  it appears that it will soon be against US law for you to send assets overseas without restriction by 2014!

 

P.S.: Some kind of significant capital controls will be in place with in two years.  So you've got two years to really prepare yourself for what's coming, otherwise all your assets are going to be trapped in the States, where assets will  be  either confiscated or taxed or inflated away, one or all three.

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