Quote of the Day:
“The whole secret of existence is to have no fear. Never fear what will become of you, depend on no one. Only the moment you reject all help are you freed.” — Buddha
One action could balance the federal budget instantly, if you want that. Here it is . . .
- Reject any increase in the federal debt ceiling. This would shut down the federal state until a balanced budget is passed.
That sounds scary, and there are many politicians who want you to fear it. They claim this will . . .
- cause economic cataclysm
- stop Social Security checks from reaching seniors
- strand soldiers without fuel, food, and bullets
None of these things are true.
Revenues will still flow into the federal government even if the debt ceiling isn’t raised, and the politicians can still decide what continues to flow out. They can continue to pay the interest on the national debt, and Social Security payments. The only way they would stop doing these things is in order to MANIPULATE YOU.
So a federal shutdown would really be a partial shutdown, while Congress works out the details of a balanced budget, deciding which things to re-open, and which parts of the Federal State to leave closed or unfunded.
It really is that simple: a federal shutdown is a good thing, NOT a bad thing.
You simply need to give your elected representatives the courage to take this step. Their courage comes from you. Send them a letter saying that you will cheer a federal shutdown, NOT fear it! Urge them on!
You can copy or borrow from the personal comments I put in my letter to Congress . . .
Please do the following . . .
- Reject any increase in the federal debt ceiling. This is the only way to get what we need most — an INSTANTLY BALANCED FEDERAL BUDGET.
A temporary shutdown of the federal state is the ONLY RESPONSIBLE THING to do at this point, given that there is no other path to a balanced budget.
Please be aware that I am aware that some politicians will attempt to manipulate a shut down in order to scare the American people into raising the debt ceiling yet again. Please resist this scare mongering.
I know — and YOU know — that Congress is perfectly capable of keeping certain things going during a shut down. For instance, you can, and must, continue to make Social Security payments and service the national debt.
Senator Pat Toomey (R-PA) offered a bill, the Full Faith and Credit Act, with 22 co-sponsors in the Senate (S. 163). Representative Tom McClintock offered the same bill in the House with 80 co-sponsors (HR 421). This legislation would require that the debts are paid first. You could do the same with Social Security payments. Funds can also continue to flow to support the troops, but . . .
Almost everything else the Federal State does can take a break for a couple of weeks, or maybe even a month, while you guys sort things out.
Taking these steps will send the market a powerful message, that the U.S. is fiscally prudent. This will be good for the strength of the dollar, and for the economy as a whole.
PLEASE DO THIS. Reject any increase in the debt ceiling. Shut things down if necessary. I will cheer you for doing so, and happily bear any inconveniences that may result.
Many letters are needed to give the politicians the courage they need to take this step. Please find and recruit others to send letters too. Please take this seriously. This is a major opportunity to cause major change!
Jim Babka, President