Our National Debt

It would seem that those we have elected to govern us are either oblivious about our national debt or flat out just don't care as long as they can expand their own power base. And this goes for both Republicans and Democrats! I suspect it is actually the latter rather than the former. They KNOW what they are doing and don't care.

The Republicans lost any semblance of having the high ground on fiscal matters when they ran congress during George W. Bush's presidency. So as a reward, we got the Democrats taking over and President Obama coming in and then consequently spending more than the previous 43 presidential administrations ever did...COMBINED.

Time is running out if we don't fix this problem. With 12 Trillion dollars in official debt and an actual amount of debt far closer to $74 Trillion dollars for our nation, we will not long survive if we do not pull back on the reigns and preferably shoot the damned nags pulling the wagon that is our congressional spending.

With 300 million people in this country, each person's share of the debt to bring us to a balanced check book would be just shy of a half million dollars per person. That would make for 1.5 million dollars for me, my wife and youngest daughter still living in our house. I don't know about you, but I don't have that much money in my account, and despite the Democrats' efforts to the contrary, I refuse to give up all that I have earned in taxes for their asinine and un-Constitutional spending.

Several trillion dollars of our financed national debt is coming due in a year. When we try to go and refinance it, at what will almost assuredly be a higher interest rate, we will only exacerbate an already dangerously critical problem.

I would suggest that congress and our enlightened president stop spending ANY money on everything except that which is explicitly authorized under the United States Constitution. And those things which are authorized, it would be a danged good idea to cut way back on budgets for those items too. We sure as hell do not need to be adding illegally legislated health care costs and cap & tax costs to a nearly bankrupt budget already.

I suspect it is already too late and our country will indeed fall within a generation because we the people will not hold our representative government accountable. We will go the way of the Soviet Union and their ruble currency. The only way this doesn't happen is for us to educate people and demand an end to this right NOW.

I have permanently attached a counter to the top of this blog to show what our debt as a nation is. It is critical that we find a way to make this start counting down the other way... and damned soon, or the end of the great American experiment in self government will come to an end.