Convolution and/or Revolution

Don't let anyone kid you; $14 trillion is a hell of a lot of money. Frankly, as a debt, it's a monstrous amount of money to owe. Candidly, it's a nonsensical amount, almost fictional and beyond most peoples' comprehension.

When they said that the United States owed that sort of money, most of us thought that we owed it all to China - the home of America's industry. Turns out that we only owe them an insignificant $1.2 trillion. Really not enough to worry about.

Matter of fact, the last "bipartisan" deal [a sell–out] made to raise the debt limit now seems absurdly insignificant. The next part of that deal consists of a phony Congressional Committee with half of its members pledged not to raise taxes or any form of revenue having the appearance of taxes [i.e. loophole elimination!]

We can look forward to a better bipartisan death mask artistically formed with a diseased compassionate eye eliminating or reducing veterans' benefits, military retirement benefits, social security, Medicare and other citizen benefits from the budget. We may end up with a vulture in the place of the eagle as our national bird.

With Mother Nature's visitations of floods, tornadoes, hurricanes on our country, those Ruthless Budget Slashers have proclaimed that no disaster aid can be given without cutting a compensating equal amount from other benefits. No ticket, no shirt.

Many of our citizens in those disaster areas in desperate need are totally disgusted with the unavailability of FEMA and other funding and are looking to Congress to provide those monies. They appear to be at the point of competing for U.S. dollars with overseas transfers and are desperate enough to take to the streets adopting the North African and Middle East lines of attack by forcing recognition through riots and revolution.

The Congress is stupidly playing with a loaded pistol and how many can they figure will be standing able to come for the Shiva? Time is starting to run out for political posturing. The Boston Tea Party was just a beginning to the American Revolution.

Bluntly, we should only be required to provide monies to those states and congressional districts which vote in favor of the expenditure and withhold those monies from the states and districts which vote against the aid. As a matter of fact, that principle should also apply to any and all other budget lacerations. Them there rich people have no need to waste money when it competes with a balanced budget.

In our budget, we have something calling for discretionary international financial assistance or foreign aid which we give to the so-called Third World Nations who are at poverty levels and have need for nation building money under our direction and with our favored contractors.

When the time comes that we determine that third worlders need more money; and we further decide that we can't give them more foreign aid money on top of what they already owe us. That's when it becomes obvious that it is a humanitarian process to forgive and delete the money they owe us, so we can give them more money. It allows us to call it financing instead of recognizing is as being a charity.

An examination of the breakdown of the $14 trillion shows that the United States of America owes the United States of America $5.7 trillion which we stole or transferred from other government trust funds, allocations and the like to pay for current expenses, earmarks and other so-called necessary expenditures like war or military peace missions.

Since we give out money all over the place, it shouldn't be at all difficult to state with assurance that we will be and are unable to pay back the money we owe ourselves or to pay back the funds or departments we owe it to. If we can't pay for benefits to keep our citizens healthy and alive, we sure as hell can't pay ourselves interest and principal which we misapplied in fictitious internal transactions or in the application of creative accounting.

So face it, without our printing presses, we have all the qualifications for a Third World Nation Status. We then can immediately forgive the 5.7 Trillion debt opening that amount eliminated from the debt authorizations and available for irrational spending assuring that there will always be money available for bonuses and spend money for our banks and gas and oil companies. Probably by error, we might even create venture capital monies available to small and research businesses rebuilding our own nation with its infrastructure returning it to a fertile way of life.

We will thus easily end the idiocy of that phony special Congressional committee unswerving in its destructive path of assuring the draining of Medicare, veteran benefits and social security. With half of the committee committed to not raise taxes, we can forget about revenue and just castrate the working class assuming that there still is a sufficient number left in the working class. We were told everything is all on the table except for the fact that the table is not there - it had been sold down the river.

With this elimination of the $5.7 trillion, the Cut-Throat Budget Slashers would not have to be embarrassed by their cut, slash, eliminate and run strategy – "NO" would just end up another word in the dictionary. Just think of how many more years we would have protected ourselves before we are subjected to the irrationality of the bipartisan psychodrama we just played out in the Congress. Sometimes I wonder whether the proper word is bipartisan or in actual fact - bi-polar.

Imagine what we could do with an additional credit close to $6 trillion of spendable monies - we could have steak sandwiches with our tea. We would, of course, have to avoid allowing ourselves being brought into wars such as Libya by way of the back doors of a NATO or United Nations. We could even give proper sized bribes to Iraq and Afghanistan and come back home - it's cheaper than blood and then we can regularly blow the hell out of them with our drones and missiles and our in-and-out swat teams.

This would also avoid the uncomfortable necessity of the Cut-Throat Budget Slashers having to honestly answer the question of "Am I my Brother’s Keeper?" There was a question asked about a dying man coming to a hospital without insurance and as to whether you should provide service. The answer seemed to be; well he had the choice of dying at home or at the hospital; that it was his problem that he didn't have the money to buy insurance. My brother had insurance - does yours?

In the meantime, if he needs it, Obama can use the constitutional by-pass which they [don't ask me who "they" are] said was available, but not used by him in his illusionary charge at bipartisanship. I've always been told that you can't play ball games without balls.

If those approaches take too long, just immediately submit a prepackaged GM bankruptcy petition in advance on the defaulting money we owe ourselves just wiping out the debts.

For those of you who don't find solace in my approach, let me suggest an approach with which you are familiar. The one approach I find satisfying is to have the government together with the hedge funds, banks and the other greedy bastards bundle the outstanding $5.7 trillion debt into securities. The government and the banks, etc. can sell the unsecured debt at a profit to unknowing pension funds, foreign investors and other suckers as was done with the subprime mortgage debt which put us into the recession [whatever]. Since we all know that the securities are without real value, we together with our financial allies could make money coming and going and eliminate the debt from our balance sheets and debt limit. If worse comes to worse, it would be obvious to all that the United States is "too big to fail" in the global marketplace and then China and the oil barons together with us can put together a stimulus package to bail us out.

In most budget discussions, tax reform always comes into play. Why don't those who claim that millionaires are job creators put it to a real test of reducing the tax rates to the millionaires [earned and passive income] based on the number of jobs they created by decreasing their rate by the jobs created and increasing the rate to those who do not create jobs or minimal number of jobs. This may lead to bringing jobs back to the U.S. from overseas or in foreign tax havens - a new sort of performance tax.

You know something else? Why don't we use another approach by figuring out what we spent this year and what we are going to have to spend for the next couple of years? I know that there are unanticipated things such as new wars, nature's gross games, unexpected 9/11 type and other proper expenditures to grow America.

Use the new cash flow approach to operations replacing the studied travesty we keep on going through figuring how much we have to cover political earmark bribery and replace budget type committee chairman every couple of years and include newly elected representatives and senators on those committees so that they can understand the stupidity of their reason for running for office and having to mandate money to run the government and, more importantly, how much they have to raise to stay in office.

By the way, my final convoluted approach at this time, how about eliminating congressional staff and expenses forcing the Congressmen to read and prepare the bills and reports by themselves and without lobbyists to help them. It can't hurt!

As Billy Shakespeare wrote:

"Out, out brief candle. Life’s but a walking shadow, a poor player that struts and frets his hour upon the stage, and then is heard no more; it is a tale told by an idiot, full of sound and fury, signifying nothing."

Now ain't dat da trooth?