Henri Reynard Speaks Out

Politics



Reverse Robin Hood?

So, what do you get when you reverse the legend of Robin Hood? Why the legend of Hooded Deficit Spending, silly. Governments that do not really pay their way have always existed. Some of them have funded their existence by using conquest to fill the till. Some of them have borrowed money to fill the coffers of friends and family at the expense of future generations. Some of them have just plain lied about how much money they could collect until their credit rating dropped out of sight and their currency inflated beyond belief. None of them has ever won the fiscal irresponsibility trifecta before. Nor has any government in existence borrowed so much cash in such a short time as the Bush fiscal terrorists are going to do. Of course most of the prior fiscal doofus governments existed in a time when conquest could at least pay its own way with plunder, not suck up money in a colossal series of blunders. These fools have their hoods on backwards with blinders on beneath them. The blinders on the Robbing Hoods in this gang are frighteningly thick. The only thing thicker seems to be the skulls of their economic council and their Federal Reserve Board. They are stealing from the poor and giving to the rich by using the Social Security surplus, collected from our poorest taxpayers, to fund tax cuts aimed at the wealthiest Americans. Meanwhile they are strengthening the hold of the Sheriff of "Not A Ham", just a really bad actor (John Ashcroft) on our liberties.

On the march toward deficits as far as the eye can see lie a few markers that lay out just where we are going. While the crumby thinking that got us here is evident in these markers, they are unlikely to be palatable to the birds from the fairy tale or to be picked up by a consortium of our friends. They mark the points on this trail where bad, really bad and just plain stupid decisions were made. Point one was when the Republicans and Democrats agreed that a huge surplus in government funds existed just because a projection said it might in the future. Point number two was when they agreed that the only thing to do was give it back to the public before it was collected. Point three was when they all ignored little future liabilities like the Social Security and Medicare deficits of forty four trillion dollars that remains unfunded today. Point four was when they decided to eliminate the thirty year bond just when interest rates were being forced below five percent for the first time in decades. Point five is when they ignored the burden of interest that this irresponsible course will place on our national budget for decades in the future, between half a trillion and a trillion dollars a year. Whooeeeee, have they all miscalculated, or are they just all dedicated to bankrupting this government?

The Repugnicants say that they actually are dedicated to putting this government so far in debt that its only response can be to shrink out of sight. Would you buy your next used car from these people? If you did would you be able to drive it off the lot? The Democranks are just plain dedicated to erecting their fiscal house on a bubble and never mind the popping sounds that keep coming from the stock markets of the world. And where is the real Robin Hood who can lead us out of this fiscal trap of such insane proportions and shoot an arrow straight to the heart of the problem that these sadly inept clowns are creating? I don't hear an answer emanating from the candidates for the Presidency regardless of their race, religion or sexual preference. The Federal Reserve is silent while real, long term interest rates, continue to climb. Congress is making a lot of noise as usual but it continues to be much ado about nothing accomplished. Who is going to lead us out of this forest of fiscal follies? I guess the answer is likely to be no one, but that answer will not do if we are going to continue to have good lives here in this nation.

We do not need another taxpayers' rebellion, or if we do, it must be the reverse of all previous taxpayers' rebellions. We must insist that the government accept more money as taxes and not as loans. We must find the strength of will to overcome the siren song of debt being sung to us by the fiscally irresponsible leaders that we seem to elect lately. It is impossible for us to pay the interest on such a national debt as we are creating without shrinking that debt through inflation of our currency. Don't be surprised when inflation hits your already decreased pension benefits with its whammy as these deficits mount. Don't look for Robin Hood to come out of the forest and lead some new taxpayers' rebellion that will solve this problem later. Any later for the changes needed, will be too late for us and our children. I looked my granddaughter in the eye the other day and told her "I am going to leave you ten trillion dollars in debt before I die. She is only three so she didn't ask me any questions she just hugged me and smiled. See how easy it really is? Just tell them what we are doing to their future before they get the real impact and everything will be OK. God bless and keep you all safe and secure in these times of stealing our progenies' future income.


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