The truth shall set you free – although… it is likely to hurt quite a lot as well…
are you tough enough to handle the truth?
In the comments section of one of my previous posts, I made the comment:
Actually, I am NOT suggesting giving more tax money to the government… Patently that is a futile exercise. What I am advocating is, in the first instance, the disestablishment of our current system of government. [The changes I am suggesting] would be part of what comes next, after we have removed the current incompetent system.
Looking at alternatives in isolation, or within the context of the current system, is futile. The current system is irredeemable. It has to be removed and replaced.
This blog is all about exploring what that succeeding system might look like.
Here is some more thoughts on what you might do – or HAVE to do.
Time’s Up (Greece)
The answer, of course, is quite simple – there and here:
That which your people will not pay for with current tax revenues your government cannot provide in services.
The willful and intentional refusal to deal with this fact as it stands is why we’re in this mess on a global basis. We’re in it as people, as companies, as states and as nations. We continue to look for the Unicorn that craps out little colored candies but in fact no such animal exists as the fact remains that this animal is a myth.
Instead of facing the truth we not only lie to ourselves but permit our politicians to lie to us, claiming that we can have “free” medical care, “free” retirement income, “free” roads, “free” security services of various sorts and “free” food stamps.
There is no such thing as “free”; the government can only take production from one person by force and give it to another. That’s all the government can ever do.
Bill Still’s No More National Debt.
First, this is not something you can go through in an hour or two and intuitively understand.
Historical precedent is extremely important. If you can’t catalog those who came before you and why their prescriptions failed, you have no business pontificating on the future.
Bill sets forth a path that could be followed, but there remains this soft undercurrent in the existing proposals in the attempt to retain the bloated and inflated asset-price structure that has come from unbridled credit creation. Unfortunately, there is no free lunch. The appearance of prosperity where it does not really exist doesn’t help anyone – except, of course, the “moneychangers.”
There’s no simple solution to that problem, but it’s something that we as a society will inevitably have to deal with.
Actually, I haven’t read this book – but the Title is a good start just right there.
There may not be a simple solution to “the bloated and inflated asset-price structure that has come from unbridled credit creation” – but there absolutely is one simple solution to the government spending problem. And he said it himself:
“That which your people will not pay for with current tax revenues your government cannot provide in services”
Also known as “Balanced Budget Legislation”.
It is actually ridiculously easy. If you take in X amount of tax revenue one year and then allocate it and spend it all; and then the next year your tax revenue falls by 10%, then all the various government funded bodies automatically take a 10% pay/income cut. Ta-da!!!
The ONLY problem with that is, as Karl also says:
“We continue to look for the Unicorn that craps out little colored candies”
So long as we refuse to grow up and act like mature adults, we are going to continue to be in the Poo – and not the coloured candy type either.
We can’t do everything. Indeed we probably can’t do most things. Get used to it.
Unfortunately, there is no free lunch. The appearance of prosperity where it does not really exist doesn’t help anyone.
Lets try handling the truth for once.
If we are broke then it is time to cut our cloth accordingly.
And into the future we will need to continue cutting our cloth accordingly.
We will need to always maintain a balanced budget.
Anything else is at the very least thieving from the future – as well as being the road to perdition.
There are a hundred and one ways to make a balanced-budget-requirement work.
The technicalities are not the problem.
OUR mindset is.
We are so used to Santa Claus bailing us out, we don’t know how to cope any other way anymore.
But here is a real simple truth for you to try and get your head around (if you can manage thinking about this without squealing, whining, or going into catatonic shock and the fetal position, then there may be some hope for you and us).
If you are a civil servant and this years tax revenues are 10% down on last year, then you might be part of the 10% of staff either laid off, or you all get to take a 10% paycut.
My Father delights in commenting – ” everyone forgets now, but during the 1930’s Depression, Civil-Servant’s pay was CUT IN HALF “.
Put that in your pipe and smoke it…
How do you like them apples? Not much I’m betting.
But hey… time to grow up and face some facts – handle the truth.
Are you ready to discuss the hundred-and-one ways we could implement balanced budgets?
I will write some more essays in due course about the ways and means of managing a budget and government when the income to run it may vary dramatically. ~R
ps. if you would like to discuss in the comments section, ways to manage a balanced budget, I would appreciate the debate and feedback