The Insanity of a $6.1 Billion Dollar Debate

The sitting congress and the president should right now, be run out of office, impeached, recalled, physically chased, if that’s what it takes. Here’s the reason: the congress is right now debating budget cuts. Those who have been in charge for 2 years have run up a deficit of 5 trillion dollars. They did that, the Democrats. They didn’t even have the ability to pass a budget. Now, the Democrats argue for budget cuts of $6.1 billion.

The insanity of this debate is this: by the time the congress has argued for cutting the budget for one week, there is a debt accumulation that would wipe out the entire $6.1 billion dollars they are arguing about. At these levels of debt, it is not a one for one effect either. In other words, cutting $6.1 billion dollars does not mean that debt reduction is achieved by any significant amount. $6.1 billion dollars represents less than 1/20 th of 1% of our debt (I am not the best at math) I do know that 1/10 th of 1% of our debt is $14 billion.

My point is that this is malfeasance on a scale that boggles the mind. Even having this discussion of $6.1 billion is an affront to rational discourse. Let’s put this into perspective. Were our congress a board of directors with a budget before them that showed them $14 billion dollars in debt and were accumulating debt at a rate of $1 million dollars a day and someone proposed that they solve the problem by cutting $6 million dollars out of the budget and the whole board of directors were arguing back and forth for one week to decide on whether or not to cut that $6 million dollars, they would be bankrupt before they finished the debate and anyone willing to hold their stock is a moron. Well, folks that’s us. 

This is getting to the point where an election won’t solve it. That’s the real dangerous territory. We just had one of the most sweeping denials of this sort of behavior in the 2010 election and it hasn’t stopped a damn thing. Not one stinking thing and a lot of that is our fault, us, the citizens and voters who stand by wagging our collective heads instead of demanding a few on a plate. I’m not advocating violence, I am just in sheer confusion and bewilderment that a free people would so willingly allow themselves to be cooed to sleep like babes in the cradle by people with daggers to their throats.

I read somewhere that Carl Icahn (a big hedge fund operator) was asking his investors to take their money back. He simply shrugs and realizes that there’s no point in taking any one’s money when they are just going to get wiped out in a few weeks when the debt ceiling is raised and all hope for the sanity that is needed disappears into the night air along with our republic. All I ask is that we all remember who was in office when there was a small chance that this could be reversed. Let’s remember the lessons of corrupted capitalism and the entitlements that seem so nice and cozy when they become the cause of our discomfort. When we are all starving and looking for a warm place to sleep, let’s keep in mind the value of a nice speech.