Debt or Debit

Debt or Debit

Fundamentally, no one knows exactly how much gold is inventory at Fort Knox, Kentucky; it is Top Secret. So secret only a few know the bottom line figures. The fact of the matter is our country is undecisive on how to curve the spending frensey and shrink the national debt. Politicians are battling before the United States defaults on their bills for the first time in history,Aigust 1, 2011.

Hypothetically there is Zillions of Dollars worth of gold in the United States Treasury. One way to achieve that estimate is the price of gold today it has quadrupled in just the last twenty years, a known fact. Which leads me to another conspiracy theory? Why the smoke screen, why are we telling the public we have no money to pay our bills as of August 2011? I think it is about raising taxes and for a good reason, let me explain. I believe we have Zillions of Dollars in gold. The gold deposits have not dried up, there is still gold mining in production and the United States will continuously purchase gold to average the cost of gold inventoried in our Treasury leaving the United States with a healthy load of cash. However to stay at this level of enrichment we need to raise the cost of living as these problems exist so does the price of labor to full fill these requirements. This is where the conspiracy lies.

Pitifully our nation is decaying right under our feet. The roads and bridges need monstrous amounts of attention as millions of people drive to and from work daily. While we are at work or sleeping thousands of trucks deliver our fuel to gas stations and food to our grocers daily, the roads and bridges are under stress. We overlook the cost of maintenance to all these demanding issues, as we need to stay abreast of our needs to maintain the necessities that demand of our great infrastructure countrywide, from sea to shining sea. There are other countries that have exuberant amounts of taxes, taxing the hell out of their people however; they still manage to maintain a culture. I believe I read these counries have a thirty-five per cent goernment tax rate. China comes to mind, and either Greenland or Iceland probably both of them as welI as others. That point is moot the point of the matter is they survive. The Government needs the money to create roads, Fire Departments, pipelines for aqueducts, sewage and electrical grids that our country so desperately needs.

How do you submit an invoice to the people without causing an up rise; create conflict. The President vowed not to raise taxes and is determined to show he is serious. We are poor there is nothing else we can do; look we even borrow money from China, we hear from the media.

Honesty would be a better approach.

Realistically if something is not accomplished, a hamburger will cost $34 someday. As the labor rises so does our food production and the cost to manufacture everyday household items like refrigerators, ovens, cars, fans, building expenses its endless to mention a few.
Why the aggression, to stay the most powerful nation in the world. America has become the worlds police. The United Nations aliance depends on our protection, if not armegedon is possible with the insanity like jihad, a muslim holy war, for instance.

How did things get so out of hand, this an assumption but I will take a swing at it. For the last twenty years America has been at war, non stop I might add and a costly project. President Clinton did nothing for our defense systems in fact totally ignored it sliding the envelope to President G. W. Bush costing his Administration and taxpayers billions of dollars.. Then back to the Democrats and President Obama for his great giveaway. First the cars then allowing people to be on unemployment for two and a half years.

Historically the electronic age that started in the late nineteen eighties was a smoking mirror and resembled the catastrophe of the introduction to the radio in the late nineteen twenties that caused Wall Street to crash. It was President W. J. Clinton that built the economy he rode the wave.

Meanwhile America thinks we are in the largest boom of our life as the people live beyond their means. The economy escalates and the real estate blunder begins to emerge as the immigrants have snuck in the back door and have not paid taxes that soar into the millions of missed revenue. Regardless of the snafu, as we approach another election year ask yourself this question, would you do it any other way. This is not about us it is for our future, our children’s children; for safety and security, schools and education, food and growth for our nation, the health and prosperity of our elders and life will go on for al the others.