Debt Free

As our federal budget deficit balloons to greater proportions each year, it has driven the national debt to an astounding $8.3 trillion. While $8.3 million is an astronomical figure, that’s nothing compared to where it’s going to be soon. Projections are for the national debt to top a staggering $10 trillion by the end of next fiscal year. Oh My God! Stop the madness! What in bloody hell are we doing to ourselves? Or rather, what are the pols, with their love of unbridled spending and pandering to every group that they think might get them some votes, doing to us? Our dollar is plummeting against international currency.

 

We’re spending a huge amount giving money to corrupt foreign governments who steal it, rather than give it to the proper programs in their countries. U.S. foreign aid spending topped $16 billion in 2003. Many say we should give even more, taking into account the size of our GDP. Maybe so, but I think we should give nothing to the tin hat dictators who use the money to buy a new villa in the mountains or the latest Maybach limo with gold trim. Let them rot in hell, not condemn us to a debt ridden future.

 

I know there are often things we need in these countries that benefit our national interests(?), and we need to give the money to buy off these two bit thugs, but we’re just getting totally out of hand. If we were to get the money to the right places and demand that, in exchange for their new diamond encrusted Lamborghini, the leaders of these third world countries would actually engage in some economic development, this money would be well spent. As it is, we're flushing much of it down the crapper. If we made sure these countries had a just rule of law, and the people had real property rights, maybe something could be accomplished to enrich the common citizens, not just the fake generals with the shiny medals and the harem.

 

We need to get handle on our situation soon before our dollar lags behind Canada’s and we’re the butt of their jokes for a change. If the Euro’s worth $2.00 U.S. one day, where will we find ourselves? Take a look at one of many countries throughout the world that have been thought of as second tier powers. If we don’t want to join them, we better get it together. Soon.