Sunday, July 24, 2011

Deficit Debunked: An Independent's View

With much political staging and politicking occurring in the mainstream media over this debt "crisis" and call for raising America's debt ceiling, since there has been so many solutions put on the table by both mainstream political parties that calls for Americans to sacrifice for the "greater" good, or those two parties political agendas, I felt some real viable solutions to this crisis by an Independent also deserves a little consideration.

As one that is not affiliated with either of the mainstream political parties, here are some of my solutions to this reported "crisis," which is interesting in and of itself since it does appear we do need one of these "crises" just prior to each and every presidential election year.

The last one, of course, was the "big bank bailout" and also the continuing mortgage crisis, and joblessness.

Which has merely intensified under the Democrats and Republicans holding office in Congress.

Here are some of mine, that don't involve Americans undue sacrifice, are Constitutional, and at least have a degree of rationality to them, given that all those ideas of "cutting" the social programs that Americans are obligated by law to pay, and have paid for also literally decades (such as Social Security, and Medicaid) since those programs were created "by law," Congress is legally obligated to fund and continue for at least the living Americans at this point.

It does appear that at least Social Security has become nothing more than a federally sanctioned money laundering operation, since Congress continues to dip into all those sums contributed by the boomers, especially, for their own special interests.

Especially if they are going to continue to fund or appropriate monies to foreigners and foreign interests, and taxing Americans for them, again sacrificing Americans for the "global" good.

1. Call in those foreign aid loans which have remained unpaid for literally generation after generation, and extend no new loans to foreign countries or foreign governments. It is amazing that after all this "raising the debt ceiling" talk, no one has even once mentioned where it is eventually going to go. Much of it, as in the past, not even to Americans or for Americans benefit.

2. Renegotiate those interest rates and terms with the European bankers who control the world's economy, now that they are not even having to provide much of that expensive paper and ink in order to print our currency what with internet banking and such, another invention of America that the European bankers have since used in order to up their profits on the backs of Americans.

3. Recall all our troops based in foreign countries protecting Europe or Israel most of all, and shrink our defense budget now that even our defensive systems have been computerized due to those expensive space programs also all the years since Kennedy, and Reagan's "Star Wars" programs. We can use our standing army to protect our own country and its borders instead - what a concept!

4. Slash the salaries of all those in Congress, especially, to a salary that is commensurate with that of the "middle class" American, and not that of the upper third.

That's a start, and there is so much more that could be done to rewind and trim the fat from those budgets instead of making it the Americans, and not the politicians or foreign governments and countries, who are once again asked to sacrifice when Americans have already sacrificed their homes, jobs and even their children for literally decades in the name of the "global good."

And finally, hire some American economists to work with Congress, rather than those global ones.