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Death By Debt

What should be the role of the government in a free market economy? Actually very little except for making sure that business transactions are conducted peacefully, freely and without fraud or deceit. Government’s job is to bring justice to those who break the law.

So how did we get into this politically engendered fiscal crisis?

First, through irresponsible and immoral spending.

Right now, the national debt for each American averages $31,871. That’s nearly two-thirds of the median household income of $50,255. Without any real spending cuts or reforms, debt will surge to over $100,000 [$103,827] per American by 2032 and keep rising.

Under the guise that some businesses are “too large to fail,” our government has illegally stepped into the private sector creating a dangerous precedent. We’ve seen unprecedented intrusions into the banking industry and the automobile industry.

When government violates the sanctity of the home and the marketplace, they always bring reams of fresh regulations with them. According to the Wall Street Journal – “It took 169 years from the founding of the federal code of laws to reach 11,472 pages – and only four decades more for that number to quadruple.

In 1960, the code of Federal Regulations numbered 22,000 pages; today that number has grown over 700%.

Immoral spending, tax increases and regulatory burdens cost both individual citizens and private businesses billions!

We are reaching a time in history where the words of John Locke are more relevant that when he first uttered them:

“The reason why men enter into society is the preservation of their property….[Therefore,] whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they [the officials of government] put themselves into a state of war with the people, who are thereupon absolved from any further obedience, and are left to the common refuge which God hath provided for all men against force and violence.
(John Locke, Second Essay Conserning Civil Government, pp. 75-76, par. 222.)

I think the American people have finally declared war on profligate spending. We have had enough! Demand that the government take the necessary steps to reduce spending and make sure you help to elect someone who has the moral courage to do what is right for the next generation of Americans.

  1. Kerry Drake
    July 15th, 2011 at 13:04 | #1

    Amen again!! Why is this such common sense to us and totally escapes our elected officials? Is there a magic curtain between the private sector of society and the halls of government which, once we elect someone to office, they pass through and forget the life and people they just were part of, as if that life didn’t exist or wasn’t a significant influence on who they are (or were)? Or are they required somehow to take a get along and get in the group pill once they hit DC? This is scary! There seems to be a huge disconnect between society as a whole and Washington. Who are they spiritually? Why do we keep electing pacifists who can’t or won’t stand up against the wall of mediocrity and be statesmen? We the people have declared war on those who would take our financial blessings away, but what about our spiritual heritage? Will we forget the blood that was spilled to make us a free society? God forbid that ever happening!

  2. Mike Frie
    July 15th, 2011 at 16:38 | #2

    Great article Ron! Like you, I’m tired of the government bullying and pushing it’s citizens (especially the senior population) with threats and scare tactics just so that they can dodge fiscal responsibility, and continue to promote an economic agenda of “spending our way out of the crisis.” It’s a fail! Our expectation (at least mine) is that those that were hired in the last election to stand up to this kind of “business as usual” politics in the beltway had better draw a line in the sand that’s ecomonically obvious, definable, and defendable as they are right now in the process of making decisions that will affect us for decades. If not, I’m certain America will fire them and search after those that will.

  3. July 18th, 2011 at 01:27 | #3

    A hearty Amen, Kerry!

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