Assume there were reasonable restrictions on how much money the government could spend (like a balanced budget requirement and a debt ceiling that couldn’t be changed every day).  The 536 people we’ve sent to Washington wouldn’t have the money to wage a war.  They would have to make a decision on whether  to spend money on additional unemployment benefits or the $100 million it spends every four years to subsidize parties at the political conventions.

Taking away their credit card and…

A Nation of Ostriches

We totally ignore the massive $17 trillion debt that our government has run up.  We see it on TV 10 times a day while they sell gold or silver.  Have you seen real news about the debt on TV or in the paper.  Have you heard any Congressman or Senator or the President talk about how we’re going to pay this back?  Not likely and here’s why!

Consider the $17 Trillion as a mortgage that has to be paid over the next 30 years.  The annual payment at 1% interest…