'Fix The Debt!' and Save The Republic!

By Frank Hill

Here's one absolute truth about politics and elective office-holders at any level of government:

'They do not care a whole heckuva lot about what you think.  

They care a WHOLE heckuva lot about what you do about what you think is important.'

We have been writing about the dangers of ever-escalating debt for the past 3.6 years now and counting.  We hope you have learned some things along the way and enjoyed a few of them at least...

Our last post was about the importance of passing the Bowles-Simpson Commission recommendations for various and sundry reasons.  The least of which is the fact that it is the only proposal out there that has any chance of passing any time soon.
The main reason is because we have got to show the world that our democratic republic can still function properly in the national best interest.  Making these first baby steps will give confidence to the world markets and the American business community.  
These are really still just the 'first baby steps' needed to get back to a full balancing of the federal budget and subsequent retirement of close to $16 trillion of existing federal national debt.
Here's something you can do today.  And it is very, very easy.  And it will not cost you a single dime.
You can read the message below from the group that is helping to pass the Bowles-Simpson recommendations, The Campaign to Fix The Debt!'.  Then, do everything they say:  Join up and get 5, 50 or 5000 of your friends to do the same.

Erskine Bowles has said that he would like to get 10 million names on this list.  We would like to see 100 million follow suit.
The reasons why this will 'work' and 'be helpful'?

1) Because the AARP is telling its 44 million senior citizen members to fight any entitlement changes tooth-and-nail and to cane any Congressperson in the head with their canes if they dare so much as even talk about making any changes to Social Security or Medicare.

The problem with that line of thinking is that the federal budget would be in balance now IF Medicare, Medicaid and general health care costs had been growing at the rate of inflation for the past 25 years.  Social Security needs to be re-balanced with the extended life expectancy rates that have increased substantially since the mid-1950's/early 1960's.
2) Because Grover Norquist is telling his Americans for Tax Reform members to cane any Member or Senator in the head if Congress eliminates ANY tax deduction or loophole, that is a gross violation of their pledge to not raise taxes, ever!
The problem with that is that line of thinking is that it condones and embraces the concept that people who can afford expensive tax attorneys and accountants can continue to benefit from loopholes in the tax code when moderate-income people can't.
Is that really 'fair'?
So, do the right thing today and sign up for this 'Campaign to Fix the Debt!'
And then send this article or link to 500 of your friends and tell them to do the same.
You will be glad you did.

'Thank you for joining the Campaign to Fix the Debt!

The time for action is now. We all know the fiscal path we're on is unsustainable and that Washington, D.C. is, by and large, too broken to fix this issue alone.

Without a groundswell of support from the public, a majority of our elected officials do not seem prepared to make the hard decisions necessary to achieve a long-term, comprehensive solution to our nation's fiscal problems.

That's where you come in.

Can we count on you today, to email 5 people and ask them to join you in the Campaign to Fix the Debt? 

Ask them to sign on to show their support at http://fixthedebt.org/.

You can also help by sharing the site on Facebook and Twitter.

Share this message on Facebook: 'The time has come to put aside rigid ideology and put forward the best ideas to fix the debt. Join the http://fixthedebt.org/ campaign.'

Share this tweet on Twitter:  'Join @FixtheDebt campaign to preserve the #AmericanDream for our children and grandchildren. Join us: http://fixthedebt.org/ #fixthedebt'

There is no question the task is enormous. But together we can step up and meet it to preserve the American 

Dream for our children and grandchildren. Let's build on this momentum and be the groundswell!

Thank you for stepping up.

-The Fix the Debt Team

We hope you will also join us on Facebook and Twitter.'

(Editor's Note: Frank Hill's resumé includes working as chief of staff for Senator Elizabeth Dole and Congressman Alex McMillan, serving on the House Budget Committee and serving on the Commission on Entitlement and Tax Reform. He takes on politics from a fiercely independent perspective at the blog Telemachus).


  1. We have lived beyond our means and this needs to change. In the past, after World War II, we were the last industrialized country standing. We ruled the world. We were a benevolent ruler; however, we were the unchallenged ruler; both economically and politically.

    Lord Acton, the British historian, said in 1887; "Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men."

    Great men are not always bad men, but it is true that unchallenged leadership does tend to drift towards complacency and over confidence. This happens with leaders and with the average citizenry. Citizens tend to not pay attention to their leaders. The leaders tend to slowly increase their power and influence and it goes unnoticed and without concern because everyone has a piece of the "good life".

    The good life is slipping away. If we are to correct our downward slide the change must come from the people for the leaders are too intoxicated with their power. More: http://bit.ly/FF1203wnf

  2. We have an enormous debt because we have an enormous source of fiat money.
    None of this would have been possible without the Federal Reserve.
    That's the root of the problem and talking about paying off monopoly money with monopoly money really isn't going to fix anything.

    What I do about it? I avoid debt personally (except the mortgage, can't get away from that so easily:)
    I also am trying to divest my consumer spending from the big corps as much as possible.

  3. If Congress had balanced their budget for the past 12 years, no one would even know who the head of the Federal Reserve is.

    The problem resides solely at the feet of Congress, under GOP and Democratic leadership, with the complicity of Bush and Obama who don't ever veto anything the crazy Congress sends to them at 1600 Independence Avenue.

    1. Yeah, they've tipped their hand, but they can't hold it together much longer. There's so much cheap money that the whole thing is going to blow. Congress under both parties is financed by the Federal Reserve Banking Cartel so says Open Secrets. They're the ones writing the script, that's the only thing that makes sense to me.


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