Showing posts with label Fiscal policy. Show all posts
Showing posts with label Fiscal policy. Show all posts

29 August 2009

State of Bliss















For those of you that frequent my blog I should provide an explanation as to my extended absence. There are several reasons for this: 1) My trip to Haiti in late April; 2) my journey along the path of Ignorance to find that elusive sanctuary of Bliss; and 3) I have been swamped at work. The first two reasons are intimately tied to each other, although maybe not in the way you might think.

When I returned from a week long Engineers without Borders implementation trip in Haiti I was in a good mode, relaxed, and oddly stress free. We had installed perhaps the largest solar array in Haiti. The solar array is able to provide all the electricity needs for a health and birthing clinic in rural Haiti with the sun. We are potentially saving the NGO thousands of dollars per month in diesel fuel costs.


I had not listened to any news in more than a week and did not know the crap our politicians were up to in my absence. I decided that I would continue to ignore the news, stop watching TV, and stop listening to NPR and the all news channel on the radio. I had decided that ignorance was truly bliss after all. I read books and listened to music stations. I was happy and my wife were not getting into political arguments.

My experiment at closing myself to the realities of today thereby saving my sanity, not to mention my health, lasted for a couple of months. Occasionally, a colleague or friend would impart some of the insanity Washington, D.C. was cooking up. I would go off the deep end for about an hour or two and then slowly come back to my senses. I reasoned with myself that it did not do any good to get upset with the morons running the country. I reminded myself that they would do whatever they were going to do no matter how stupid or irrational it was. I was ignorant about cash for clunkers and the health care debate did not seem to upset me. I got a little upset when I was looking at a newspaper in Nebraska and there was nothing but bright red budget deficits projected every year for the next ten years. I firmly reminded myself that it was not my problem. It was helpful that I was working overtime every week and had no time to surf the interweb or watch inane television programming.

Alas, my blissful existence did not last long. While I was staining my deck and thinking deep thoughts I came to the conclusion that, while ignorance is indeed bliss, I cannot remain silent while the ridiculous self-importants in Washington, D.C. decide that a national debt of $12 trillion is not enough and they are willing to allow that to grow to $21 trillion over the next 10 years. I cannot remain silent while they take this once great country and through ignorance, arrogance, and ambivalence slowly run it into the ground. I cannot stand idly by while our so called elected representatives lay the groundwork for my children to be quasi sold into debt bondage because they are weak and stupid. I decided that I needed to get back into the game.

I mostly maintained one aspect of those blissful months; I hardly watch any television anymore. This more than anything has perhaps helped me as I continue to struggle with the addiction of futilely fighting the stupidity of the democrats and republicans. Television is one tool in their arsenal to make us complacent robots. For your sake, as well as your children’s, turn off the drug – you will feel better after about a week. You may go through some withdrawal, but in the end you will never know you missed it.

Photo of Phase I MN Solar Array Installation Team "Caption Ron and the Kissing Gourami"

08 January 2008

One Nation Under A Mountain of Debt

Some say that Iraq is the most important topic for the upcoming election. Some say immigration and others say the economy. Some say healthcare while others say education. The most important topic for this election is really all of these and none of these. The most important topic should be fiscal policy because it encompasses all of these topics and should be at the forefront of all the debates. Fiscal policy will dictate whether we can afford to have a military presence in the world. Fiscal policy will dictate if we can afford Medicare and Medicaid. Fiscal policy will determine where our economy goes.

If you are at all following fiscal policy you know that the national debt is around $9.1 trillion (Bush has increased the national debt by an on the books amount of $3.4 trillion). If you had no idea what the national debt is you should now be outraged at the utter irresponsibility of our federal government. Now the other shoe drops – the real debt is much, much more. What the morons running this country do not want you to know is that there are no trust funds for Medicare and Social Security – only a bunch of worthless IOUs in a “lock box”. The accountants for the federal government make the accountants at Enron and Worldcom blush. The sheer scope of the fraud that is occurring in Washington, D.C. when it comes to the keeping of our nation’s books is absolutely mind boggling. The real debt is more than $50 trillion according to David Walker, Comptroller General of the United States of America.

While the presidential candidates are busy debating who the real candidate for change is, Mr. Walker is coming out and talking about the important issues. While Senator Hillary Clinton and Senator Barack Obama were stumping in some diner in New Hampshire Mr. Walker was talking to CBS and raising the alarm. While former Governor Romney was schmoozing at an Iowa farm Mr. Walker was talking to USA Today. While Mike Huckabee was trying not to evolve Mr. Walker was. While Senator John McCain was developing yet another miserable failure of a bill, David Walker submitted testimony to the U.S. Senate Committee on the Budget. While former Senator John Edwards was getting a hair cut for $400 and giving a speech about two America’s the Washington Post said the following:

"The largest employer in the world announced on Dec. 15 that it lost about $450 billion in fiscal 2006. Its auditor found that its financial statements were unreliable and that its controls were inadequate for the 10th straight year. On top of that, the entity's total liabilities and unfunded commitments rose to about $50 trillion, up from $20 trillion in just six years.

If this announcement related to a private company, the news would have been on the front page of major newspapers. Unfortunately, such was not the case -- even though the entity is the U.S. government."

If you think what I am talking about is unimportant take a look at the federal budget and where our money goes. It shows a troubling trend. Medicare/Medicaid, interest on Debt, defense, and Social Security make up the majority of the money the United States spends every year.

Instead of talking about the one issue that dictates all the others, we are stuck with speeches filled with senseless rhetoric only meant to appeal those with a low IQ. The budget determines what we can do and what we can’t do. Simplistic statements like taxing the rich by bigger simpletons are not enough to solve this problem. Wake up America. It is time to demand real change where our fiscal policy is concerned. If we don’t address fiscal policy you won’t get healthcare and you won’t get defense. You won’t get anything at all but a bill saying Due in 30 days.

Photo by KCThinker, Roman ruins, Vaison la Romaine, France.