President Buck of Globalistan said that organized crime has
taken over the legislative branch of the nation’s government making extortion
demands that his party participate in negotiating process. Long-standing Globalistan
policy is to not negotiate with terrorist mafiososo; a good idea if they are
actually mafiososo rather than legitimate political opposition. Drive by media
and the World Bong are in support of President Buck.
A caushush belly for
economic war and revision, the extortion demand of the gang of legislators is
that public debt not be increased. That criminal demand is of course against
sound business policy wherein credit card limits are never given borrowing
limits because the Globalistan Government will give zero interest loans to
too-large to fail banks to the lenders. This is all just common sense as the
President likes to say.
The Head of the World Monetary Anti-Extortion Fund has pointed
out that without an increase of the Globalistan debt ceiling Globalistan will
default on its foreign debts and the Global House of Economic Cards will
collapse in a worse disaster than the first Frasier-Foreman fight. Global
economics work like this...
The international financial elites invest in every nation
globally and cut domestic spending on environmental conservation, public
education, transformation to a low entropy business footprint wherever
possible. U.S. public debt is supposed to help prop-up the Wall Street and Tootsie
globalism with business regulation cut along with taxation. Advantaged
individual investors and corporations can prosper, China can develop cheap production
and rising consumerism and Americans of the middle class and poor can have
public debt.
Fly by wire Wall Street global acrobat economics have the fundamental
capitalist principle of self-interest and the public can hold the bag. In fact
not only can public debt be increased, the poor can be blamed for that, for
wanting to have food to eat. Public welfare outlays can he exploited as the
primary reason for the greedy incompetence of global elites failing to
implement a fair and balanced U.S. domestic economy as well as a global
economy that relies on increasing Globalistan public debt.
The main problem now with the Globalistan economic situation
seems to be the unwillingness of any of the elites to shoulder responsibility
for competent new economic policy that fundamentally changes and upgrades free
enterprise. Free enterprise with caps on the size of corporations, the number
of corporations an individual can invest in, progressive taxation, caps on the quantity
of mass and individual can consume privately or use in business ventures
annually (mass quotas) and a basic welfare state that provides secure borders
and guarantees of basic human needs will liberate human ingenuity for quality
invention, patenting, production, full employment, good public health and so
forth. Change is required and all are called to think, yet few are there that
do so adequately.
President Buck will pass the challenge from the debt ceiling
extortionists once more. Perhaps more tax cuts and increased public spending
can be innovated along with a liberal increase of zero interest loans to
challenge global banks.
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