MyGovCost News & Blog

libertarian jerry says:

There are several observations here: 1st. There is no Social Security Trust Fund. What they call a “Trust Fund” is primarily made up of Government Debt Bonds that have to be paid for with more taxes. All the money that was collected for Social Security’s so called “lock Box” has already been spent. In essence,despite all the fancy words by politicians and so called “economic planners,” Social Security is bankrupt. Basically the money comes in and the money is paid out as a benefit. What we have,in truth,is the world’s largest Ponzi Scheme. 2. We don’t have real or honest money. Real or honest money is gold and silver. What we have is debt money put into circulation and lent out by a private banking consortium called the Federal Reserve. This private central banking cartel is put in place to control the money and credit of the world’s leading economy. But in fact it acts to benefit the banking cartel in concert with the Federal Government to steal the wealth of the productive American people and redistribute that wealth to the Political Class and the Super Rich Globalists. 3rd. The National Debt will never be paid off,its a mathematical impossibility. The debt is designed to keep the American people as debt serfs forever. With the American Government,and by implication,the American People constantly in debt, America’s sovereignty and economic independence will be a thing of the past. It is obvious to any observer that there is a drive for a one world government and this can only be accomplished by bringing America to its economic knees. The only way to solve this situation is to:1. Close down the Federal Reserve System and have the U.S. Treasury issue money and credit debt free. 2.Abolish the Legal Tender Laws and follow the Constitution by having “nothing but gold and silver as legal tender in payment of debts.” 3. Repudiate the National Debt and allow the private owners of the Federal Reserve “take a haircut” on their holdings. 4. Pay off all U.S. Treasuries with Federal issued currency. And 5.probably,most importantly,dismantle and phase out over several years the American Welfare/Warfare State. This is to make sure that people who depend on Social Security and other entitlements will not have the rug pulled out from them. In essence America must declare bankruptcy and start over again. It is blatantly unfair to saddle future generations with this insidious,un-payable debt. Its time to realize that the dismantlement of the American Empire at home and abroad is the only rational way to restore our liberties and our national wealth.

Beauford Burton says:

Here’s an idea for debt reduction.
Whether you are Democrat, Republican or Independent you should know that we never see a party win a true majority of the population. Why, because so few vote.
Since 1960 the percentage of voters in presidential elections was only 50% to 63% of the voting age population. Non-presidential elections have even lower turnouts. When anyone speaks of the silent majority they are not far off track. Nearly half of our people never vote so it’s easy to see how we are not helping ourselves.
If you’re not registered to vote you should do so now.
If you are registered you should vote and thank God that you have that privilege.

Assuming we could get 100% of the voting age population registered and voting it would be interesting to see if the elections were still so close. With most elections being won by only a few points it looks as though our country is thoroughly divided. I’m not so certain that’s true but let’s suppose it is.

If we are almost 50-50 in what we think best in our country, wouldn’t it be great to separate our nation (temporarily) into two sections as a test to determine who’s right? Split everything down the middle including the government’s three branches. Split the income, split the debt. Have two Presidents. Do it by blue states and red states. Have the separation be limited to 10 years. At the end of the 10 years the results of the best way to govern would be clear and we could adopt the better governing process for the once again “United States”.

I know this a fictional dream but should it be? I’m by no means promoting civil unrest, quite the contrary. We already have civil unrest. In the end, radical thinking may be the only way to solve our differences and remold our nation.