Time is money, borrowed time.

Courtesy of The National Debt Clock, This is a pie chart which depicts the present debt the U.S.A. is subject to one day be called upon to repay. At this very moment, it exceeds 11 trillion dollars and has just short of doubled since the beginning of the new millennium; I'm sure none of us are left to wonder why. As can be derived from yon happy pie-chart, about 23 percent of our debt, or around twenty five THOUSAND-BILLIONS of US minted George Washington faced Dollars are owed to other countries who have graciously accepted the burden of letting us live on their couches and eat their ramen noodles until we can get a steady job again, man. Take heart, however, that that is only about half of what the U.S. Government owes itself (see big red absence marker). Upon careful review of such a thought, that means that the mint has about 5 trillion dollars in print which cannot be supported by precious stone reserves.

Initially, in the days of the old west and the steam engine, paper notation was merely a means of not having to lug around heavy awkward ores of recently San Francisco mined gold, you took your gold, silver, iron, whatever, to your local (or federal) bank, who then weighed it and locked it into a vault, and gave you back cash, which then were essentially insured certificates of ownership, to be able to return and withdraw your share from the vault, or trade with others who could then CASH in on those material backed and recorded shares of the bank. It was about the time that credit became more than trust between two personally known individuals and evolved into a "buy now, pay later" mentality that the U.S. Mint started borrowing from itself, choosing to print paper notation that it didn't have any reason to believe it would ever be able to back with gold, that the red spot on that pie chart began it's steady climb to the bullyingly large sore that it is now. Before I get into the evils of modern credit and the scourge that it presents our economy, allow me to first point out that before we can repay China, Russia, Saudi Arabia and India the money that we have so hedonistically borrowed from them we must first be able to repay ourselves, only from that point can we begin regaining the money that we owe others in order to return it to them. There is a small but significant portion of inflation by the hand of fraudulent infiltration motivated printing, but as a whole, it is the self destructive nature of the people within our materialist economy and the greater pawns who assess and commandeer it who plunge(d) it into decay.

Raise taxes, raise the hell out of them. I kid you not, all the funding we have thrown at these fruitless wars and at fruitless war mongering countries has been pretend money. That's right, it might as well have been right out of a Monopoly (tm) board game set, because it certainly hasn't been coming out of any physical manifestation of anything worth the ink it's been rolled in. The measures we have taken in order to prevent counterfeiting; ballooning the faces of the presidents on the bills, pastel colors, comically over-sized numbers, are a priceless ironic parallel to their value that I cannot restrain myself from mentioning here. I know we'd all like to hang our heads in shame forever and pout about the suicidal state of affairs our last president left our country in, but it's time to man up and face the fact that we really don't have any choice whatsoever in the matter, it has to be fixed. I feel sorry for the economic advisor's working for the Obama administration right now, because they're stuck with having to find a way to subtract numbers until they add up to a greater sum. The only option is to tell everyone who objects to stuff it, raise sales tax, raise income tax and raise state taxes and let's all take one for the team here so that we won't become a third world country. There are plenty of people who defy this logic, this is the land of the free they say, true! Free and now at the bottom of a dry well with no uncannily sharp scottish sheep dog to call attention to the sheriff. I don't like it anymore than the next lower middle class chump, but the only solution to this problem is to SUCK IT UP and be completely penniless, without luxury and without mutiny for long enough to ensure that the next generation of Americans aren't handed the same bad deal that we were; you think it was unfair to us? Just imagine how unfair it will be to our children.