Elon Musk finally said something intelligent and true the other day. I asked why the federal government is cutting staff, services, and agencies across the board, and his reply was stirring and direct. Musk replied that the National Federal Debt is out of control, and if it is not dealt with now, in @25 years time, there will be huge reductions in government services, pensions and allotments. Suppose America waits as it has been to deal with this massive debt anchoring at three trillion dollars+ and growing. In that case, the economy will be threatened, forcing the Federal and state governments to increase taxes, cut pension checks by @25%, nullify services and lay off many employees. That is the truth. With debt comes the responsibility to repay it with interest. You all know this, of course, as you deal with your own credit card debt.
America has finally reached the precipice of the debt cliff and is about to fall off of it into financial chaos and confusion. The Federal Administration was strongly supported by Neo Conservative Organizations because they recognized the horrible state of America’s Financial Status. Donald Trump, along with his master at than,d Elon Musk are in the Oval Office because of these powerful conservative business interests. Their goal is to bring America back to a balanced financial state, and they will do so at any cost. The next few years will be a time of financial demand markets, acquiring funds wherever they can be found. That is why Donald Trump has threatened to place tariffs upon Mexico, Canada and any other nation that trades with America. The famous song by The Flying Lizards says it well:” Your Love for America gives us such a thrill, but it won’t pay our bills. We Want Money, that’s what we want!”
Americans will not pay more in taxes as they should, so the Secretary of Efficiencies will cut staffing, employee’s pension, and vacation times in any way he can. Come back to your workplace, or you’re fired! Are such actions wrong or timely? America is run like a business, and the President and most of his cabinet know business, right? Balance books make for sound judgements and investments. The time to invest in Americans has passed, as there truly is no money for the average citizen. Federal Revenue will come from the Presidential fraudster Exchange, a huge tally of tariffs, personnel cuts and department gutting. If this does not work, then the Federal government will stop passing revenue to State Governments, forcing them to raise their State Taxes to pay the piper. Quite a game. The Federals look good, and the States must face the opposition of their over-taxed public. Only specific states will be blessed with massive military investments( Republican no doubt), and States like California and New York will learn what it is like to be ignored by the Federal government. One-third of the nation will face suffering, ill feed, ill nourished and ill housed. The little guy will suffer so the accountants can balance their books.
“The banking system will become like a monster, created by man, but man cannot control it”. John Steinbeck.
Albert Camus said “Note besides, that it is no more immoral to directly rob a citizen than to slip indirect taxes into the prices of goods they cannot live without.”
Capitalism will do what is needed to fulfill its objectives, and like the Great Depression, multiple of lives will hang in the balance. Will the fittest, or those with hidden bank accounts offshore will survive?
Steven Kaszab
Bradford, Ontario
[email protected]
