September 29, 2009

American Rescue Efforts

The United States does, in fact, need another national bailout. It doesn't need to fire up the printing presses at the Treasury Department, though. Instead, the form of the next and only needed national bailout must begin with these measures:

Guarantee that the federal budget will be, at a minimum, balanced after the first year and creating a surplus for every year thereafter should the next president's - it's safe to assume President Obama will not be the one do so - agendas be adopted by Congress. If Congress fails to adopt this strategy, then he/she will hold the budget hostage so that, at the worst, the budget will be held at the previous administration’s spending level and cannot be increased. The value of the dollar has been plummeting and will continue to plummet with every penny spent in the red. As the American economy is the engine that makes our way of life and freedoms a possibility, focus must be sharply directed at reducing the nearly twelve trillion dollar debt to a level below two or three trillion dollars. This will increase the value of the dollar tremendously while re-establishing and anchoring the world’s faith in the dollar’s stability. Spending cuts, not taxation increases, must be the machine by which this spending mania be stopped else the economy will ultimately be stifled rather than stimulated.

The corporate tax rate must be cut drastically. A rate of thirty-five percent is a punishment on our corporations and has driven businesses of all types to seek less demanding climates elsewhere. The key to relieving ourselves and the economy of the current recession has never lain with printing trillions of dollars, which only serve to further devalue the dollar. The key is to foment the continued and increased creation of wealth. As is natural to the business cycle, unemployment will always exist to some degree. There is no need, however, to ever see unemployment rates in the ranges in which they now exist. The return of exiled corporations and creation of new corporations due to a low corporate tax rate of around ten to fifteen percent will erase the excess of the unemployed and generate similar, if not greater, revenues in federal taxes. The United States of America cannot afford to continue to allow the hemorrhage of our corporations to other nations. The status quo is untenable for the future security and prosperity of Americans and their freedoms.

Hero Worship

If ever there was a single word that could link the X-Games to ancient Greece it must be “epic.” Picture Odysseus, sporting linen robes and leather sandals, nailing a wrong-footed 900 during the medal round of the half-pipe jam session . . . everyone there hailing the moment as being “epic” just before taking a long pull from an energy drink.

Awesome, radical, wicked, cool, and, of course, epic are all tired examples of adjectives that have taken on new meanings very different from their original ones. Everyone can provide an example of such bastardized words that annoy them in particular. Linguists will tell you that languages are fluid and ever changing however much we may wish otherwise, that the younger generations will always change some aspect of the common culture so as to find a point of delineation between them and their parents’ generation. Language is one such aspect susceptible to their changes. Some words, though, cannot have multiple meanings because they serve such very important roles in our society. Such important words include “guilty,” “innocent,” “oath,” “duty,” “legal,” “illegal,” et cetera. “Hero” is a label I’ve heard and seen all too often, in literally every form of news and entertainment media, since the attacks on September 11th.

In my days as an enlisted soldier, I had the honor and pleasure of being in attendance when all the surviving Medal of Honor recipients gathered in Arlington Cemetery. And, yes, I would like to emphasize “recipient” because no one “wins” the Medal of Honor; it’s not a lottery. Every bit of those medals is earned. The point being that those men are heroes because they have acted heroically. It seems that any person who flashes across the television screen these days is labeled a hero as long as they are dressed in some sort of military uniform. As a former soldier, let me issue the guarantee to all those who hold a contrary notion that there are a great many men and women in military uniforms are anything but heroic.

U.S. National Debt . . . tick, tock

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