I used to think every incumbent
should be voted out of office, but I recently
learned I was wrong. Washington’s wizards of wisdom
have performed a brilliant financial maneuver which
just might secure America’s future. Our good fortune
is easier to explain if I compare our national
economy to the life and death of a Detroit woman
named Pia Farrenkopf. Here is her story.
Pia lived in the suburbs of Detroit and she
registered to vote in 2006 at the age of 47.
According to coroner’s office, she crawled into the
back seat of her SUV parked inside her garage
sometime in 2008 where she died. Oddly enough, she
voted in the 2010 gubernatorial election before
crawling back into her SUV and re-assuming the dead
position. County election officials are brushing
aside her bizarre ballot behavior as a clerical
error; a common mistake in Chicago and Florida. I
could stop here and discuss dead people voting, but
that is not my point. She lay mummified in her car
until her body was discovered by a property
management representative on March 7th, of 2014.
Interestingly, Pia’s absence went unnoticed to
creditors because she used direct electronic fund
transfers to pay her bills. Foreclosure proceedings
did not begin until her bank account had been
exhausted. This sparked my epiphany America just
might be able to spend her way out of her debt
crisis. Perhaps the left has been right all along.
On February 11th, 28 House Republicans joined with
193 Democrats to unconditionally raise our national
debt ceiling; figuratively signing a blank check.
When you couple their spendthrift attitude with the
printing frenzy of the quantitative easing fanatics
at the fed, we are stuffing our national bank
account with an endless supply of worthless dollars.
This is good. If we set up direct electronic fund
transfers with the Bank of China to retire our debt,
our American economy could be mummified in the
backseat of a Bronco for decades before the Chinese
discover the truth. We would have the last laugh;
isn’t that great?
In case my sarcasm fooled you, I am kidding about my
admiration of those plunging America further in
debt. What will we do when China refuses to buy more
American debt? Every day I am amazed by ordinary
people who do not see an economic reckoning of Old
Testament magnitude on the horizon. President
Obama’s most recent budget proposal for 2015 is an
unsustainable, record 3.9 trillion dollars
consisting mostly of expanding government programs.
Don’t we have enough government?
Here in the Treasure State, a bit of misnomer, in
2012 the number one employment sector providing
82,393 or 14 percent of all jobs was government. The
number two slot at 14 percent was healthcare /
social services, with number three being retail
trades at 13 percent. Agriculture, timber, mining
and oil production, all industries which actually
contribute new wealth to our economy, bring up the
rear with each producing approximately one percent
of all jobs. This means the top three sectors
employing 46 percent only functions as a transfer
station using the wealth created from the one
percent sectors. When this total exceeds 50 percent,
meaning more mummies are riding in the SUV than are
out front pulling, China will discover our federal
bank account is empty. It is simple math folks, yet
politicians in Washington continue offering
freebies, ominous regulations and new programs as if
the debt will never come due and voters will never
discover the truth.