America has now reached the point fiscally, whereas our National Debt has arrived at  it’s limit. Again!  Washington, at every stronghold is in debate over whether to increase this debt limit or not, a debate itself which is a bit of a facade, as it is more likely than not that the limit will be increased. It is only a matter of what will the Republican led Congress get in trade for their votes, that is at real question.

 
The first and Ironic point to be made here, is in how many of those in Political office, ( the President in particular ), who are clambering for such an increase, have in recent occasion Voted against just such an increase, calling it a “Lack of Leadership” to push America further in debt. On this one issue, I at last agree with Mr. Obama.
 
The second point of sad interest, is the astonishing way that all of these people in Washington, are describing this as an  “Economic Armageddon” that will surely befall America, if we do not come to some decision very “very” soon on this matter, yet Congress goes on Easter Vacation, it’s leadership on both sides actually leave the country, and Mr. Obama launches  into a series of campaign stops across America, Political Fundraisers, in which he is using Class Warfare as a linchpin.
 
There is little doubt that this Debt Limit Increase will happen, since recent negotiations over the passage of a remainder of the 2011 budget, has shown us that the Republicans led by Speaker Boehner, are long in tooth and short in backbone, appearing somehow fearful of a reprisal from the voters, should they actually do “EXACTLY WHAT THEY WERE SENT THERE TO DO!”. ???  (Confusing I know.)
 
The biggest threat on this debt limit increase being spewed from all corners of Washington, is that if we do not raise the limit, we will default on our loans and therefore adversely effect the “Full Faith and Confidence in the American Economy”, with our AAA credit rating at risk as well. They are all saying alot, but not saying much, as the end result for the majority still lies with the Debt Limit being increased again, pushing us even further down into this unbelievable and totally preventable hole.
 
There “IS” another answer to this problem that we find ourselves in. It is not some magical incantation, nor special ingenious mathematical equation. The other, and I dare submit only answer to this debt issue, is nothing more than simple and basic economics, and business operations. A tried and true technique of financial management, that will achieve the ultimate goals of addressing the pending interest payments,  and the additional benefit of setting ourselves on the path to fiscal stability and growth once again. ( and it scares the living HELL out of these people! )
 
As any family, Individual or even Business knows, the key, would be to pay the most critical debts FIRST!  Then, you must adjust the rest of your budget accordingly, and make any and all other payments in order of importance and necessity. ( We all know that in these circumstances, sometimes the things you WANT,  must be put aside in deference to the things you NEED! ) Our Government should already have been functioning this way, and will definitely HAVE TO  function this way, if we are to survive.
 
According to the various segments of Washington, and the Economists they tend to trot out daily to try and convince us, the ” Interest on our Debt” is the most CRITICAL item at this time. So, that is what will be paid right off the TOP!  Thereby protecting our “Full faith and Confidence”, as well as removing it as a tool for any future debate involved in another Debt Ceiling Increase. ( Which is inevitable If we do not alter our activities. )
 
Secondly, We must then pay for our Military, which in this case means, “Soldier’s Pay and Benefits”, along with our Ongoing KINETIC Operations Abroad. ( The remainder of the Military Budget will be addressed in the following step. )
 
Next, We must cut ALL other budgets by at least 15%. ( Considering they were raised over 20% just 2 years ago, this should not be so traumatic as to cause failure of functional delivery. ) Managers of each Agency and Department must do their jobs, and Manage!  They will have to make the necessary cuts in staffing, production, expenses, and a PAYFREEZE for a few years, all the while  actively looking  for any and all areas of inner-agency savings.  They might have to fore-go this year’s Agency getaway to Vegas, and perhaps just suffer along and drive a 3 year old Government car for a while. ( Sorry!  No new Escalade this year! ) 
 
Now, before everyone starts freaking out about Social Security and Medicare/Medicaid. These too will be funded the same as our Military, however, in order to ease further budgetary concerns in relation to these entitlement funds, Congress and these Individual Agencies/Departments MUST finally do what they have campaigned on and promised for decades. They MUST make the concerted effort to locate and root out the massive amounts of WASTE and FRAUD within these huge budgetary concerns. 
 
Finally, Our tax code will need to be streamlined for equity, fairness and effectiveness. The days of special codes for special interests are GONE! A flat rate, ( much like the 3 tiered formula proposed by Mr. Obama’s own Debt Commission ), must be incorporated, if we are to not only acquire the legitimate taxes due, but to also ensure the stability in our system of taxation needed to allow JOB CREATORS the confidence needed to fuel growth. ( Which ironically also fuels additional tax revenues. ) 
 
A Flat and therefor FAIR tax structure with NO LOOPHOLES granted for Political Favor, and with only the bare minimal in personal itemized deductions allowed, ( those for charitable giving, and business expansions that  have  increased employment), will actually increase, without any increase in rate, the amount of revenues taken in to fund our Government.
 
These are the basic common sense plans to address what has become the economic crossroads for America. We have a choice. We can perform these initiatives and restore fiscal soundness and sanity to our Nation, or, we can allow those who are sent to represent us, to instead continue to represent themselves and special interests, thrusting us into a future that more resembles our pre-revolutionary past,  than any we would willingly choose for our children and their children.

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