Tag(s): ; ; ; ; ; ; ; ; ; , Add Tags
Add to My Group(s)

View Ratings | Rate It

Permalink
View Article Stats      (10 comments)

A Nation At Odds: With Itself:

Add this Page to Facebook!
Submit to Twitter
Submit to Reddit
Submit to Stumble Upon

Tell A Friend
Become a Fan
Get Embed HTML Code
By (about the author)

Become a Fan Become a Fan   -- Page 1 of 2 page(s)

opednews.com

As I listen to the ongoing debate for a presidential election nearly a year in the future, I can’t help but think that most people are missing the big point; America’s economy is sinking out of sight.

Our politicians aren’t missing that point to be sure; they are purposely avoiding it like the plague. How could they possibly miss such news as the fact that some 3 Million people have lost their jobs in manufacturing since 1998? Or that the #1 job in America is that of a sales clerk, #2, a cashier. Or that agriculture has risen to such scale per farmer, that less than 2% of the population is directly involved?

Yet, manufacturing and broad spread agriculture are not only what this county was built on; they are the only semi-sustainable economic basis that exists.

The answer from our politicians? Let’s take Joe Biden’s idea of extending government paid education to 16 years. Mr. Biden views this bold move as preparing our youth for the jobs of the future. What future Mr. Biden? A future in the largest debtor nation on earth with our youth trying to pay the bills that you refused to address during your 35 years in government?

To begin with, we don’t have 16 years, or four years, or even two years. We have a genuine crisis right now. Secondly, what are we going to accomplish? An MTC (Masters in Trash Collectomy)?

While 35 years in government service receiving high pay without having to incur work or accountability would tend to lead one to the conclusion that it is possible to live such a lifestyle; the reality of the situation is that someone had to work and get dirty to pay for that privileged existence. But then, those are just disposable Middle American workers.

Hillary Clinton’s plan? Save social security, free medical care for one and all, free education, jobs a plenty for the taking; a virtual utopia. Not a fiscal reality to be sure, but politicians don’t live in reality, they live in Washington.

The Republicans? “Rapid Rudy” is running on the fear ticket. “Who will protect you if not Rudy?” Hell, I’m more afraid of Rudy and the gang than I am of our enemies.

What was our forefathers greatest fear? Yeah, government. Abusive government.

We are the world’s largest debtor nation. The U.S. went broke in 1971 when the gold window was closed (we went off the gold standard) due to insufficient reserves to cover the currency that had been printed.

The total debt of the U.S., both private and public, is greater than $62 Trillion. A Trillion seconds was 32,000 years ago!

This debt cannot be paid by our children or their children. Growth of the magnitude to fund such debt would require an average of 10% economic growth per year, for 75 consecutive years.

Which politician has told you that? David Walker, Chief Comptroller General of the U.S. has given us this information, that’s his job. But which Presidential candidate reported these numbers to you? Congressman Ron Paul.

Is Ron Paul’s message a happy one that promises free everything from now to eternity? Nope. But then, he would have to lie to tell you that one, and he doesn’t appear to be liar. What he does promise is hope for America’s Middle Class.

There is no easy way out of the mess that we are in. It’s real, it’s serious and it must be addressed; real soon.

Wake up Middle America; this is your final boarding call.

Next Page  1  |  2

 

www.kingofsimple.com

Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

 

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

Add this Page to Facebook!      Submit to Stumble Upon      Submit to Reddit      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Blink List     (More...)

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
10 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

You are right on, Mike... by Jack Lohman on Friday, Nov 23, 2007 at 1:19:47 PM
Change we must; by Mike Folkerth on Friday, Nov 23, 2007 at 2:07:12 PM
Monopoly by Steve Consilvio on Saturday, Nov 24, 2007 at 10:19:20 AM
It is, at the same time, by ardee D. on Saturday, Nov 24, 2007 at 11:01:04 AM
Reality by Mike Folkerth on Saturday, Nov 24, 2007 at 11:31:38 AM
You are very welcome by ardee D. on Sunday, Nov 25, 2007 at 9:35:41 AM
The Rules of Engagment. by Mike Folkerth on Saturday, Nov 24, 2007 at 11:44:11 AM
One more thing by Mike Folkerth on Saturday, Nov 24, 2007 at 11:54:58 AM
A truth indeed by ardee D. on Sunday, Nov 25, 2007 at 9:39:26 AM
Time for the Rich to stand up! by Hayesml47 on Tuesday, Nov 27, 2007 at 12:35:40 PM