Raising the Roof

The debt ceiling debate seems to be the only thing on the mind of EVERYONE in Washington. So why is it a concern? Or should I say, why NOW?

Our country is not fiscally sound, I dont believe that can not be argued by anyone. However, this is not a new phenomenon.

Our country's monetary system used to be backed by gold. Ask anyone of a certain age about the currency declaring it could be redeemed at face value for gold.

In 1933, FDR was sworn into the office of the Presidency. He was elected to save the country from the depression that nasty Herbert Hoover had gotten us into. One of his first acts was to take America off of the gold standard, thus controlling the value of our money. He also made it illegal to own gold.

http://www.conservativeusa.org/eo/1933/eo6102.htm

Since then, our wealth, our fiscallness, if I may invent such a word, has depended entirely upon some arbitrary value. One of the reasons gold has the value it does is because more can't be made. If we print money, then it ceases to have value.

That was the beginning of the problem. If the value can be changed, then legislators can decide how much something is worth. It should be the people, the people upon which the nation was founded, the people upon whom the principles were derived for the nation, it should be the people who decide the value. Should we be allowed to go into a home and tell the owner the value of something they possess? How is this different from what the government does to us?

The debt ceiling is only part of the problem. If we as a nation were more self-sufficent and did not import so much of our merchandise almost 92 billion in 2010 to just China alone. 

https://www.uschina.org/statistics/tradetable.html

We also have the highest coroporate tax rate in the world. Companies are standing in line to either leave America, or to never come here.

http://dailycaller.com/2011/03/16/america-to-have-the-highest-corporate-tax-rate-in-april/

What you saw, my fellow Citizens, was smoke and mirrors, bread and circuses, making a crisis out of everything to inflict more legislation on our already overburdened law books.

We are seeing the last vestiges of the greatest civilation ever on planet Earth. Do I believe it is too late to apply CPR? No, lady liberty can be saved, but it will take more than the bandaids that are being applied.