Sunday, September 4, 2011

On making a point with incendiary language: a new modest proposal.

(I am not a member of the Tea Party, but some of the attacks on them are ridiculous. This is for the Tea Party, against the likes of Andre Carson’s ‘blacks to be hanging from a tree’, John Kerry and ‘literally wanting to cut the baby in half’, Maxine Waters wanting them to ‘go to Hell’, to generalized claims of hostage-taking, and being terrorists).

What is debt? Debt is the borrowing of wealth with the promise to pay the amount of borrowed wealth (principle) in addition to the interest for borrowing the wealth. The more debt, generally the more time it takes to pay it off; to pay for a car the term may be for a couple years, but for a house the term may be for a couple decades. The debt of the US was (supposedly) limited at 14.3 trillion, but has been increased.

How is debt paid off?—by work, and the more debt, the more work is needed to pay it off. Who pays the debt?—the ones who took out the loan. With individuals, the one issuing the loan gets payments from the one who borrowed with clearly defined payments and a limit based on the marketability of the borrower: one who can afford only a used car, won’t be loaned funds for a new car (unless some things are manipulated to counter the marketability). But, when it is the government taking out the loans, it is an ever-expanding IOU without clear terms, especially with who exactly pays who. A borrower from a bank remains the same; the government changes with each election. What doesn’t change is who ultimately pays the government’s debt. It is paid by the tax payers (businesses and individuals).

The debt limit has been increased. It has continually been added to for decades and all administrations, but it has increased dramatically the past decade (two administrations). For generations the idea of stopping spending has been passed on to the next generation while the current generation continues to add to the debt. It can only be increased for so long; only adding a drop at a time will cause a 55 gallon barrel to overflow eventually.

Tax businesses more and they raise their prices, so individuals are the ones in the long-run who have to pay. With the cost of everyday goods rising, individuals have less purchasing power. To follow the increase of doing business, existing businesses won’t expand and hire more while possibly laying-off some existing staff; new entrepreneurs have new regulations they have to meet, fees to pay, making starting another business unlikely. In these circumstances, it becomes more difficult to pay off the debt that has been accrued, let alone the extra added to the debt. There is less purchasing power, higher un-/under-employment, and less opportunity to earn or create wealth.

Now we come to the crux of the matter, and the point of this article.

With the weakening employment prospects along with the ever-expanding debt that has to be paid off, these modern-day politicians who keep wanting to raise the debt (and those who press the politicians to act as such), while making it more difficult for businesses to hire, are trying to rape your children. Rather, they are not directly trying to rape your children, but just set them up to be raped – to be pimped out as a sex-indentured servant/slave. Regular employment is less available, but ‘the oldest profession’ is still around and can be offered without any other resources than one’s body. So, the government with the barrel of a gun is setting your children to be shot in a different manner. Yes, Uncle Sam, the labor union leadership, the congressional black caucus, as well as these entitlement-seeking groups want your child to get scraped knees, but from a different kind of ‘play’.

Don’t worry; the raping will not be done by other Americans for most won’t be able to afford it. For the most part, the rapes will be done by other countries, especially China for as a foreign power they have the most US debt. With the majority of the rapes being done by foreigners, there won’t be the added problem of your children being traumatized by seeing their violator repeatedly. However, there will be those of your children who will be raped by other Americans as the Federal Reserve has the most of the debt, but we might be able to get out of that for if they are actually a governmental body, then it is debt owed to ourselves and can be ignored, but if they are actually a non-governmental body… then they’ll be invading the bodies of your children.

Just keep in mind that with each bill that gets passed, Obamacare, extended unemployment insurance, EPA regulations and such, those who are passing the bills, adding to the debt while making paying off that debt more difficult, want your children to be bent over that much more, spread their cheeks that much more. Ignore the cries of the children, for it will only hurt as long as debt is still owed. The debt limit was just increased to over 16 trillion; how long would that take to pay off?

Now, was the real issue of debt seriously considered with the hyperbolic offering?—the point may be made, while being overshadowed by the example.

Wait, I forgot about two other issues affecting the attempted rapes: UNFUNDED liabilities and the manipulation of the money supply. With the those two factors, it is going to take longer to get out of the great debt our ‘leaders’ have gotten us; tell your kids to prepare their kids, and their kids, and so on.

No comments:

Post a Comment