Bragging about the economy, President Bush said it was in excellent shape. Apparently forgotten, he’s borrowed massive amounts of money during his presidency. Our grandchildren will be paying back money that his father, President George H. W. Bush borrowed, and our great-grandchildren will be paying back money that President Bush borrowed to keep America afloat during their respective presidencies. In the last twenty-five years, America has had the best economy in the world. At the same time, during America’s best years, the federal government has borrowed an average of 360 billion dollars per year. There is no wiggle room left. A bad year will be followed by many bad years. Besides the massive debt accumulated by the federal government, state and local governments have borrowed 2 trillion dollars, add in nearly a trillion dollars or so in unfunded pension liability, and the debt is mind-boggling. The health care system and housing market are coming apart. Drugs, border violence, crime, and gangs—everywhere one looks, there are major problems.
A Tale of Two Economies
The stock market is prospering while Middle America suffers, but the stock market is no longer a gauge of America’s economy. Major Dow Jones components are multinational companies with business interests in nearly every country. The international world of business is doing quite well. It’s possible that the Dow Jones average will keep going up as America declines and the middle class disappears.
The federal government keeps the economy going by borrowing massive amounts of money. The vast majority of these dollars are quickly gathered up by multinational companies and paid out to wealthy investors who fund massive lobbying efforts and reelection campaigns to keep the whole system going—a vicious circle of borrowed wealth, greed, and corruption.
Unregulated capitalism has produced a land of cheap products, food, and housing. Lawsuits and fast buck schemes have become a way of life. Pension, medical, and insurance frauds are prevalent. Corporate books are manipulated by accountants and attorneys. Getting rich at any cost has infected America with uncontrolled greed.
The wealthy aren’t happy with twenty percent profit; they need thirty percent or more, investing in risky hedge funds and short-term schemes. Doctors and dentists are taught to maximize their office profit—over-billing and over-testing have become a nightmare for patients and their insurance companies. Business owners ignore labor laws and tax laws as they try to maximize their profits. Multimillionaires and multibillionaires cheat on their taxes. Corporations and wealthy businessmen import millions of cheap foreign uneducated workers to keep profits up, without regard for the future of their country. Uneducated poor around the world have been exploited by wealthy Americans and multinational corporations, breeding contempt and hatred of our country—all this, for the American dollar which has a dubious value.
President Bush said, “Protecting America is my number one priority,” but the lack of border security is causing America to lose its identity. Millions of undocumented workers are allowed free access to our country. Hundreds of thousands of foreigners are enrolled in our colleges and universities while Americans are finding it difficult to afford college. Millions of American jobs flow to cheaper countries without the federal government lifting a finger.
High-energy prices, cheap foreign labor, educating people from other countries and exporting American jobs help multinational companies. The federal government no longer represents the American people. The federal government represents multinational companies and their worldwide interests.
Poverty is a choice
We can fix problems while we still have the energy, or we can wait until there is catastrophic failure. The keys to balancing the budget, defeating Islamic fundamentalism, and winning the war in the Middle East, while reversing the decline of America, are simple. But it’s not more guns, more charity/foreign aid or more of the same failed policies that Americans have come to expect. The keys include:
1)A National Identification Card
3)Cashless society and a national sales tax
4)Reducing the burden on American businesses by reforming our tax, legal, and retirement laws
5)Isolation of the Middle East
6)Flexible fueled cars and reducing the price of oil to three dollars a barrel
These items should come under the heading: taking care of our business, not the world’s business. But the president won’t be jumping out of bed this morning intent on fixing anything. Congress is not going to govern for Americans when they still need their rich patrons to pay their way. Americans don’t expect reform, there are too many wealthy individuals making too much money off the system. And the system is working pretty well for them, no one can deny that.
But the real estate market is dependent on massive immigration. The financial market is dependent on massive government borrowing. The consumer market is dependent on massive amounts of cheap, foreign-made goods. The service market is dependent on cheap foreign labor. America has lost any semblance of balance. Unbalanced systems falter and crash.
The Constitution of the United States gives the federal and state governments the right to govern, but the power of special interest groups has superseded the ability of the government to pass laws, curtail spending, and protect the environment.
We the people need to fix our country. We need to force reform on the wealthy and their Democrat and Republican Congressional Representives in Washington. Amendments are added to the Constitution, when two-thirds of the members of each house approve an amendment and send it to the states for ratification. Three-quarters of the states must approve an amendment to make it a law. Congress is the normal route to change the Constitution, but Congress is no longer an effective legislative body.
The founders of this country were smart. They added a second method of amending the Constitution. Two-thirds of the states, roughly 34 states, can call a constitutional convention. Amendments proposed by the convention must then be voted on and ratified by three-quarters of the states, roughly 38 states. In this method, neither Congress nor the President plays any role and they have no veto power—in effect, a party without any nationally elected Democrats or Republicans.
A Constitutional Convention needs to be convened to offer amendments to the Constitution. The convention would simply present various amendments. The battle would be at the state level where they must be ratified by the states to become law.
In the next section, this writer has suggested numerous amendments that might be sent to the states for ratification. Some are conservative, while others are liberal. Many of these suggestions don’t necessarily need to be an amendment, but it would be impossible for Congress and the President to pass them into law.
Americans are at a crossroads, we can limit our retirement, lawsuits, and health care, or the dollar will be worthless and jobs will vanish. We can fix our borders and immigration policy, and reduce our cost for energy or we can live in poverty.
Obviously, not all of the recommendations will become law, if any. Read them and add your own. Discuss a Constitutional Convention with your state representives and your governor. We the people have the right to self-government, not government by the wealthy and powerful.