Thursday, February 28, 2008

Fixing Our Messy Economy

I believe the direction of our economy could be changed, practically overnight, but . . . my solution wouldn't be very popular.  
First, we must look at the economy, mathematically.  After all, it is numbers and 
variables with which we are dealing.  I have  10   easy steps to redirecting our 
economy.
1.  Tomorrow morning, everyone stop one transaction that cannot be covered by
"money in hand or money in the bank."  Just one, we can't totally crash the perpetual
motion.
2.  Congress is to cease legislation that involves a larger budget, for one full month.  No new spending.
3.  The President is not to bail out his croneys on Wall Street, or pressure Congress to.
4.  Quit arguing over inheritance tax, only the wealthiest 5% of Americans are even affected.  It's an annoying distraction for the rest of us with real problems.
5.  Do not spend one more dime chasing imaginary enemies.  That does not include our troops that have been erroneously placed in harm's way by this administration.   Thanks to bad decisions, the enemies they are now facing, are very real.
6.  Stop printing money for the Feds to play with.  We will have to work with what we have, until there is something that actually backs it, besides motion.  I realize the dollar would be completely devalued if we brought back the precious metal standard at this point, but that is the goal, so just stop printing extra.
7.  As a matter of fact, by the time we pay for the ink, the water marks, the presses, the cutters, the bureaucrats at the mint, the agents to prevent counterfeiting, our money is costing us to protect it, so just work with what we have for right now.  It's only money.  
8.  Fair tax is stupid, don't do it.  The 16th Amendment was supposed to actually refer to states paying taxes to the Federal government, and it has digressed from there.  Any tax we now vote for, is our choice and that would be dumb.  Fair tax just mathematically proves we spend more than we make.  If somebody really wants to eliminate the IRS, simply repeal the 16th Amendment.
9.  Put Americans back to work.  There are still a few Americans that want to work.  Enough of this global outsourcing.  If Americans would rather have trinkets than automobiles, then turn some of the auto plants into novelty factories.  Might as well, we won't be able to afford gas for automobiles, anyway!
10.  Stop burning up the food with weird genetic mutations and bio fuel experiments.  We don't want government commodities and handouts, we just want to be able 
to aford groceries and have them be safe to consume.

So, in a nutshell.  
Mr. President, please stop spending money we Americans aren't earning. According to the headlines, you are the last American to have heard about gasoline prices hitting $4.00 a gallon, so just stop until you can catch up with current events. You sound like the guy in the bar that orders a round for the house and then tells his buddy, to pick 
up the tab, he doesn't have any small bills, but he'll catch him payday . . .
Congress, you people are all sitting pretty.  Quit passing expensive legislation to take care of "us."  
We can take care of ourselves if we can keep some of the money we earn.
Pundits, I hear all your tax jabber and tax legalese promos.  Fair tax is not a good plan, it's only a 
way to get us to vote to be indentured serfs.  If 28% federal withholding and 15% FICA doesn't 
cover the budget now, it's easy to see that a 23% Federal sales tax is simply based on the fact Americans spend more than they make.  And once we vote for
a tax, then with the new bankrupcty laws and federal tax liabilities worded as such, we'll call the offense contempt of federal court, but that's only the 21st Century term for debtor's prison.
My fellow Americans, we have to live within our means.  If a person buys groceries using a credit card and does not pay the balance in full every month, that means interest is compounding long after, months and years after; the products have been consumed, spoiled or as of late, recalled.
The multiplication math is really very simply in our economic equation.  Without a standard, there is always a (0).  It doesn't really matter how many variables and ideas are introduced in the equation when one of the factors is ZERO.  The answer will always be nil.  
Doth not wisdom cry? and understanding put forth her voice?  

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