From the beginning, we were taught to make and manage a value system. This system we call our economy, and in the dictionary the word Economy, “Careful or thrifty management of resources. A system for the management of resources and production of goods and services.”
Operating such a unique system like the economy the people constituted a government to manage our States’ interest as a nation. Nation, “A group of people organized under one government.” Government, “The Administrator of the public policy and affairs of an area rule. A system or policy, which a political unit is governed.” We constituted our states to form a union that pledged allegiance to the flag that represents the blood and spirit under the blue sky that plaster our states. I’m not an economist, professor, mathematical guru or teacher on this subject, except for having good basic Debt Principles that my mother always taught her children. A penny earned is a penny respected, save for an rainy day, never spend your money all in one place, a sound investment is the right investment, make money work for you and it will yield good returns, are the things my mother instilled in her children
The people put a government in place as safety-net managers to monitor our internal monetary structure and services, while keeping it in balance working from a budget provided by a taxation system set to extract money from the public. Without government most businesses would had never existed or had the capabilities to generate the funds needed to jump-start their business ventures. The government created the same opportunities when they spent taxpayers’ money in the JV investments by bailing out the Corporate-Jets in 2008 and solidifying their financial position from facing a collapse. The fast action of Government kept this economy from becoming suck into a black-hole economy that would have had a global and adverse effect of the entire financial system. The type of actions this country taken are the Debt Principles that should be share, in order for any economy to exist as a sovereign society or nation.
Debt ceiling is part of predicted measurement we allow our economic system in order to create more money from borrowed access through selling government bonds to other countries willing to invest as a joint venture of future projects that will pay the bondholder high yields in interest. The only conundrum is our country stop investing in the infrastructure of this country’s future, making our bonds almost worthless to the holders. To sum it up in a nutshell, the stewards of this country i.e. government are being played by special interest groups who knows very little on how an economy works. Mainly most of the capital produced in this country is by fat cat corporations becoming displace or misappropriate through streamline interest overseas.
Cheaper the labor the higher opportunity for corporations to manifest large profit levels to the scope of infinity and beyond, while capitalizing from using America to maintain their profit levels from consumption of goods and service. Yes, America is the mega-consumers of products made by cheap labor in other countries. The overall reality is shown when you look at our Debt Clock and you will find the total debt for America beat at the tune of 55.8 trillion dollars. While our GDP is 14.8 trillion dollars indicates we are spending at a rate way beyond what we produce in this country by a ratio of 3.7% of what we produce in this country. That means 40.2 trillion dollars of foreign gross product (FGP) if I kindly may use such terms, is consume by this country. Having our country on an off balance scale like the one we are facing today is a tragedy to the economic growth of this country. The government is not spending too much when it comes to our country, no, they are way under the radar of spending domestically, than they are globally in foreign interest of war and other unnecessary foreign aids around the world. The overall total spending debt in this country is 115.1 trillion dollars when you include Federal, State, Local, and Public spending
Now, the American people are the target of defaulting on our debts because of people in and outside the Republican Party decided to use our Debt Ceiling as a political football just to sabotage one man’s political career of the presidency. Barack Obama is one of the most crafty and analytical mind the republicans ever encounter in years. He not only has their number, but he is an honest broker when it comes to him actually trying to solve our economic woes in this country. Obama has been resourceful with his direction for this country, without reservation, and without making a mockery of serving the American people as an executor of his word. On the other hand, we have seen the hypocrisy coming from the right with their leadership when it comes to producing one job’s bill since they had charge of congress for the past seven months in counting. What destroyed the secret state of oath is what seems to plague the entire system for centuries, and it is vanity.
Vanity is one’s pride that compels a person to act and think selfishly without regard on who or what they hurt to get or gain control for their own purpose. This will describe the human race and those who behave with such narrow intent to get ahead off the backs of others. TEA Party is a group of citizens who message got hijack and misled by corporate interest that prefer vanity to humanity. The sad part is many of the TEA Party groups’ loss their original platform interest, because the only way to expand they needed capital to grow as advocates, so they let corporate control of the Koch Inc and special interest assume control on the talking points for the TEA Party. Today, it seems loyalty will go as far as your money can stretch; this is the typical nature on how many people operate their entire life. The politicians are the epitome of money brought officials, who undermine the ethics of public service for personal gain. How can we ever trust the honor of their services to the citizens of this country? We cannot trust them because the people are part of the arena that engages in the corruption when we try to make a difference by running for office.
The Bible teaches us to be lenders more so than borrowers, and usury is a sin when it oppresses your brother and releasing a debtor of his obligation every seven years will be the right thing to do. We structured our life to include God, but not ruled by God when it comes to how we live. Over the year’s humanity grown a selfish nature that cause us to wear a cloak of arrogance like a peacock hiding its true colors. The failure to raise the debt ceiling can turn the economy into a tailspin that can affect the whole world’s financial standings with the markets and beyond. Any perverse change in our financial system of such magnitude can cause an incorrigibility the world cannot afford. The chaos that will manifest itself from playing a game of chicken with our debt is a salacious episode the republicans involving themselves in. Children should never have that type of authority when it comes to our economy. The smirk on Rep. Eric Cantor’s face is prove that we need to take certain negotiating responsibility out of the hands of the congress, and appoint an independent commission with exclusive authority of seven people for the raising of our debt ceiling. The group can consist of three democrats, three republicans, and one independent member of congress for just the raising of the debt ceiling.
Debt is what drives the economy for it to become a value system. “Debt Principles,” is just a way of knowing the basic way to operate in a revolving financial system. Knowing the basic rules to navigate a system is vital and the number one priority in a viable society that every child should inherit the knowledge of handling in any country. Having good debt principles serves as a congruent element with operating a well balance and viable society, capable of building and maintaining a robust nation. Our financial system consists on liquidity in order for it to have credibility as a money market. The transferrable access we use, as a vehicle to perform the credibility of our system is manufacture in many forms. In the dictionary Money, “something, as paper or metal currency that is officially established as being exchange able for goods and service.” If you look at the currency converter on your right in the sidebar of this site and you can check the strength of our currency to other countries, and you will find the Euro and British Pound is stronger. What weakens a country’s currency? To answer such a question you would need to become fully knowledgeable on every aspect of the fiat nature of the instrument called money through the Federal Reserve. There you will find that our exchange system influences the value and algorithm of our money flow. I think that some things should be mandatory for us to know to develop proper debt principles.
THE LESS WE KNOW ABOUT HOW MONEY WORKS… THE EASIER IT IS TO BE VICTIMIZE BY A SYSTEM OF CAPITALISM. CAPITALISM IS A FREE MARKET SOCIETY OF PRIVATELY OWNED BUSINESSES, WHICH MAKE THEIR CAPITAL ON A GLOBAL SCALE OF EXCHANGING LUCRE FOR GOODS AND SERVICE. CAPITALISM IS ONE OF, THE TYPICAL COMPONENT THAT DRIVES OUR ECONOMY WITH OTHER ACCOMPANY COMPONENTS OF PRICE, INTEREST RATE, FEE, AND PENALTY AS PART OF A AGGREGATED SYSTEM TO MANUFACTURE WEALTH.
Will America keep faltering and becoming prey to the system of capitalism because of a lack of knowledge? We can control our own destiny or we can keep being the victims of destiny – the saying goes, “it is up to us.” You can rely on the laborious nature of working for others – the designed blueprint taught in every school to our children. The schools teaches our children the sole purpose of education is to become a working and noble class of society, so that we can afford to operate in our economy. I find the disingenuous nature of it all stems from the fact that the students are being shorthanded from knowing the real world. The schools should not only teach Bob on how to be a better doctor, but teach Bob on how to be a better doctor who knows the understanding of debt principles, so he can operate his money in an economy. The biggest atrocity of a starving economy is when you do not know the proper way to manage its hunger through sound and satisfying alternatives. That is what we are seeing from our government, who was supposed to be the gatekeepers of efficiently managing our society’s coffers.
Dilemma is what have become the ascertainers of congress and how they operate this society. “Too many cooks in the kitchen spoil the meal.” Government need to be broken in parts that operate base solely on certain levels of importance. By operating on levels that include both parties to conduct themselves, not as a party but as levels assigned for the particular task of solving core issues, it will deter them from partisanship in government. We hear keywords that represent the party like Conservatives and Liberals, the marquee of what suppose to describe the principles of that particular party. I like to look at it as mumbo jumbo, because neither party has lived up to those claims they use to describe their party interest. You cannot be a conservative and giveaway our coffers to capitalism and you cannot be a liberal and set rules that stifle the economy. The egregious part of it all is that they would play games with the debt ceiling, yet never once include themselves with the notion of no paid in conjunction of a default. This is our government on its best behavior!
TO STIFLE THE ECONOMY PURPOSELY, JUST FOR PERSONAL GAIN UNDERMINES THE STABILITY OF OUR ECONOMY AND CAUSES THE MONEY FLOW TO BECOME OFF BALANCE. MANY PEOPLE, LOOK FOR THE GOVERNMENT TO SOLVE THEIR PROBLEMS SIMULTANEOUSLY WITHOUT DELAY – THE REALITY IS IT DOES NOT WORK THAT WAY. THE PEOPLE MUST CARRY SOME OF THE BURDEN AS WELL AS THE GOVERNMENT TO CREATE THE RECIPROCITY THE SYSTEM NEEDS TO FUNCTION FLUENTLY AND STAY WELL BALANCED. THE SYSTEM OF ECONOMIC CANNOT WORK WITHOUT HAVING A WELL BALANCE FUNNEL OF FUNDS TO OPERATE THE TRANSFER OF COMMERCE. THE TAXATION SYSTEM IS THE PROVIDER OF OUR RESERVE TO INSTITUTE THE SAFEGUARDS THAT PRODUCES THE FUNNEL OF FUNDS IN OUR COFFERS.
Those sitting at the 2% level in this country control 90% of the wealth of this country and they pay 35% in internal revenue to the reserve, while the combine total of the 98% pays 65% of the internal revenue to the reserve system. The shift of wealth over the years has skyrocketed for the upper class, while the biggest population of people keeps growing without an equal playing field for the opportunity to obtain wealth. The model of distribution in this country has fallen at the waist side of the fortunate, while the burden of contribution sits on the shoulders of the unfortunate. You could not write a better book on how lopsided this country’s methods are and come up with a good reason for it all. There is no explanation for it all, except to say that the system of government has become infected with a virus of greed. Greed has become the foundation driver of our government that ushered the separatism in how they operate. President Obama is the best man for today’s environment, because he acts on what is best for the country without being myopic, and this is what gives him the ability to compromise with the other party. By June 25, 2011, the Debt Ceiling will get raise and there will be reforms on the method of raising the debt ceiling for the future. In the meantime, we must encourage Washington to do their jobs by making phone calls and showing our faces in Washington DC to make them get the message.
MY proposal to America ending this post is to become more vigilant with how your government operates in this country by knowing the debt principles that makes an economy work and hold them at those standards that are responsible with carrying out the duties of this government. I hope that you enjoy reading and my next post will fall align to this post with bringing to fruition the concepts of government and our taxation system. Thanks for reading and that’s the MMO.
P.S. I enjoy reaching out to those who would listen and sharing my thoughts and personal feelings on subjects that touches every lifestyle with hope that I have not offended anyone. Please feel free to view the store pages I have available, God blessed and have a nice day.Click here for reuse options!
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