Is The US Going To Implode?
The only thing that seems to be constant with the US Fiscal Policy, or lack of thereof,
is that we keep spending more money and going deeper and deeper in debt.
The costs of running the US Government has long surpassed the revenue it generates.
This is a disconcerting factoid that cannot be denied.
So what is being done to rectify the situation before it implodes?
What can be done to bring the US Government finances under control without the
US defaulting on its’ debts and/or confiscating citizen wealth?
One thing that we could immediately address, that would not need months
of legislation, would be to stop expatriating billions/trillions of dollars to Foreign Governments,
NGO’s and other Esoteric Entities that are being funded with taxpayer’s dollars
at the expense of the quality of life of US citizens.
Those funds should be used constructively in the United States – “Nation Building”
Another thing, would be to stop creating multi-thousands of new stifling regulations.
For every regulation that is created there is regulatory costs attached.
(someone in the government has to be paid to regulate the regulations)
The above two items could be a quick start at chipping away at the mountain of US debt.
However, if you look at the US Balance Sheet, it is an exercise in futility.
“Political capital” pledged to special interest groups, Government management ineptitude,
flippant attitudes by political elites, contributory negligence, cognitive dissonance, and a general collective disinterest by the citizenry — serves to mask reality and is prohibiting our nations’ return
to fiduciary homeostasis.
The US is free falling into the lowest depths of financial infamy and degradation.
From a layman’s point of view, and after decades of observation, I have come to the conclusion that the US Government, the way it is currently structured, is too large to manage.
Thus, the Global Elite – “Those in Power” – use the United States of America as a feeding ground.
The Porcine’s keep crowding the Treasury Trough and the US Taxpayer’s keep-on “slopping the Hogs”.
Is US Federal Spending too big to be overseen?
Read article from Mercatus Center.….
Is the US Government going to Implode?
The below interview, from January 2014, is with USA watchdog and William K black.
Mr. Black is an American lawyer, academic, author, and a former bank regulator.
His expertise is in white-collar crime, public finance, regulation, and other topics
pertaining to law and economics.
He is currently an associate Professor of Economics and law at the University of Missouri-Kansas City
in the Department of Economics and the School of Law.
This video is 36 minutes and touches on numerous topics of interest, so
you should watch it in its’ entirety.
VIDEO, the system is ungovernable – Greg Hunter, usawatchdog.com
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