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The U.S. Debt Ceiling & The Way Out of the Nightmare!
The issue of the U.S. debt ceiling will not go away and all of us have to start becoming part of the answers to the problems our tax and spend government policies have created. The U.S. debt ceiling is set by Congress, then Congress just continues borrowing still more money from each and every one of us and the government has no intention of ever paying off these debts - that is why the U.S. debt ceiling has to be constantly increased! Indeed, the debt ceiling has NEVER been reduced - not even one time. There has to be a sustainable solution created for the national debt and the more than $107 trillion (that's $107,000,000,000,000.00 for those of you keeping score) in unfunded liabilities Congress, the Federal Reserve System and the commercial banking system have created for our people - a true nightmare where they constantly squander our wealth and we do nothing and say nothing about it.
Why does this happen?
It happens because you have been taught to think there are no alternatives and no answers for these huge problems. This is the exact outcome that government, our ruling-class masters and the commercial banking industry are praying (each and every night) that you will stupidly agree as being the reality of the situation.
But it isn't and it never has been our reality - there have always been choices, it is just that these allied institutions have spent decades inculcating into our society's consciousness the idea that borrowing money we can never repay is good as long as we make token payments on those debts. You know and I know that is not how it should work as it only works to make everyone a servant of the banks.
Look at yourself hard in the mirror and ask yourself who you are really working for in this world. A big slice of your pay goes to the government, a big slice goes to the mortgage/insurance/taxes payment and another slice goes for your personal loans and credit cards. Add it all up and the majority of your pay is going to the bank. They have cleverly maneuvered you into believing that working to sustain their profits is somehow economic freedom for you, but you never get off the treadmill. If you look a little bit deeper you see that the government is in the exact same pickle - 37 cents of every dollar are going for payments to creditors of the government. It's all one circuitous disaster that keeps getting bigger and bigger because nobody wants to try and address the problem.
Yet there is a real solution - it's called the Consumption Banking System and it is the only fiscally-responsible proposal out there today that can demonstrate an approach to banking and fiscal appropriations that is both self-sustaining and self-regulating. That's right, one of the key things Clint Lovell learned in creating The Fix was that our key institutions must be both self-sustaining and self-regulating in nature, design and operations or they will become just as corrupted and failure-prone as what we see today. Consumption Banking sidesteps the entire corruption issue by merging the functions of central banking policies, commercial banking systems, fiscal appropriations systems and capital markets organization and administration to create the ideal free-market capitalism solution for the real issues we face. Consumption banking puts an end to the national debt and to the $107 trillion in unfunded liabilities we have no way of ever paying for - all in one fell swoop - and without anyone having to experience want to make these outcomes a reality by simply reorganizing the means by which we create currency, the way we value and allocate credit, the way we organize our capital markets and the way we go about appropriating money to use to pay for the costs of government and entitlements.
To learn more about The Fix, use any of the following links:
To learn about the proposal to change our current free-market capitalism approach into Capitalism Version 2.0 ("ultimate capitalism"), click here.
To learn about the component plans, use any of the following links:
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To learn about The Fix for Monetary Policy, click here. |
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To learn about The Fix for Fiscal Policy, click here. |
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To learn about The Fix for Social Security, click here. |
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To learn about The Fix for Universal Health Care, click here. |
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To learn about The Fix for Universal Education, click here. |
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To learn about The Fix for Housing, click here. |
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To learn about The Fix for Poverty, click here. |
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To learn about The Fix for Corrections, click here. |
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To learn about The Fix for Commercial Real Estate, click here. |
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To learn about The Fix for Commercial Banking, click here. |
To learn about the component public capital finance plan proposals, use any of the following links:
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