July 5th, 2011
The decision makers in Washington appear to have never actually worked as an employee of the Federal government or don’t understand how the Federal bureaucracy actually spends its money or, for some unknown reason, don’t really want to reduce the Federal debt levels.
While once again having to stare in the face of near-imminent collapse unless it again raises its debt ceiling, the U.S. Federal government and its Law Makers appear at a complete loss of how to curtail the U.S. Federal debt – or as a result of mental deficiencies or loyalties to others rather than to the American people, the politicians/lawmakers simply do not really care to curtail the debt. Clearly, by merely revamping how the government spends its funds allocated to government agencies and contractors, the U.S. Federal government could likely save billions of dollars per fiscal year and could likely do so in a “win-win” manner for all. Changing the way the government spends its money/allocated funds would, most likely, significantly decrease Federal deficits which would in turn significantly reduce the Federal debt.
But then again, the lawmakers in Washington appear to be totally ignorant of where the likely majority of government waste actually exists. Such an ignorance as is currently apparent with the lawmakers could be a result of never having worked as a typical government employee – as many of the lawmakers have surely never worked as a regular government employee and appear to only have had the U.S. Federal government work for them.
Adam Vernon Trotter / AVT
PS. At the risk of sounding arrogant, if anyone wishes for the thoughts herein to be expanded/explained further, just ask.
See also:
What Would Happen With No U.S. Federal Government Debt?
http://adamvernontrotter.blogspot.com/2010/11/what-would-happen-with-no-us-federal.html
President Obama, Cut Whatever Budget You Want, We Are Accustomed To Such.
http://adamvernontrotter.blogspot.com/2011/01/president-obama-cut-whatever-budget-you.html
U.S. Credit Rating Has Been (or is being) Downgraded?
http://adamvernontrotter.blogspot.com/2009/06/us-credit-rating-has-been-or-is-being.html
A Just Government Fears Not…
http://poetrybyadamvernontrotter.blogspot.com/2011/03/just-government-fears-not.html
Showing posts with label What Would Happen With No U.S. Federal Government Debt. Show all posts
Showing posts with label What Would Happen With No U.S. Federal Government Debt. Show all posts
Wednesday, July 6, 2011
Tuesday, November 2, 2010
What Would Happen With No U.S. Federal Government Debt?
November 2nd, 2010
What would happen if the U.S. Federal government was able to pay off its debt? What would happen if the U.S. Federal government did pay off its outstanding debts and obligations? What would become of the nation’s financial business sectors – particularly those who trade in U.S. Federal government debt? Could one envision why some business and banking sectors would not desire a U.S. Federal government operating ‘in the black’ or having the ability to pay its debts and obligations as it went forward? Should we be anticipating or needing the mainstream American corporate news and press outlets to explain such a hypothetical situation to us?
Could a high powered banking cartel which routinely lends money to the U.S. Federal government have any reason to not desire a U.S. Federal government operating with no need for loans? And, what if the corporate U.S. Federal government was in receivership to this banking cartel and the government was nevertheless able to pay all of its obligations? Would receivership explain much of the enumeration of power to any banking cartel - regarding the commandeering of the U.S. economy by any such banking cartel? Could such a banking cartel ensure that U.S. Federal government was never able to pay the entire balance of its outstanding obligations - would that then be in the best interest of the cartel?
Adam V. Trotter / AVT
PS. To be sure, this blog post is not intended to question the validity of the United States public debt as such would appear as unconstitutional iaw Amendment XIV, Section 4, of the U.S. Federal Constitution.
What would happen if the U.S. Federal government was able to pay off its debt? What would happen if the U.S. Federal government did pay off its outstanding debts and obligations? What would become of the nation’s financial business sectors – particularly those who trade in U.S. Federal government debt? Could one envision why some business and banking sectors would not desire a U.S. Federal government operating ‘in the black’ or having the ability to pay its debts and obligations as it went forward? Should we be anticipating or needing the mainstream American corporate news and press outlets to explain such a hypothetical situation to us?
Could a high powered banking cartel which routinely lends money to the U.S. Federal government have any reason to not desire a U.S. Federal government operating with no need for loans? And, what if the corporate U.S. Federal government was in receivership to this banking cartel and the government was nevertheless able to pay all of its obligations? Would receivership explain much of the enumeration of power to any banking cartel - regarding the commandeering of the U.S. economy by any such banking cartel? Could such a banking cartel ensure that U.S. Federal government was never able to pay the entire balance of its outstanding obligations - would that then be in the best interest of the cartel?
Adam V. Trotter / AVT
PS. To be sure, this blog post is not intended to question the validity of the United States public debt as such would appear as unconstitutional iaw Amendment XIV, Section 4, of the U.S. Federal Constitution.
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