"The actual liabilities of the federal government—including Social Security, Medicare, and federal employees' future retirement benefits—already exceed $86.8 trillion, or 550% of GDP. For the year ending Dec. 31, 2011, the annual accrued expense of Medicare and Social Security was $7 trillion. Nothing like that figure is used in calculating the deficit. In reality, the reported budget deficit is less than one-fifth of the more accurate figure."
-Christopher Cox, and William Archer. Mr. Cox, a former chairman of the Republican Policy Committee and the Securities and Exchange Commission, is president of Bingham Consulting LLC. Mr. Archer, a former chairman of the House Ways & Means Committee, is a senior policy adviser at PricewaterhouseCoopers LLP.
Our political institutions have failed us. Our constitutional system is broken.
With utterly staggering figures like these --which are the result of decades of dishonest public policy-- clearly, we have men and women in charge of the levers of government who have no integrity. None. It is not even arguable. All sense of virtue, and of thrift, or prudence, or fiduciary frugality in the interest of societal harmony has been, and is, completely absent.
The Constitution, and the Declaration of Independence provides a relief valve for times such as these. Our rights are reserved to us as a people.
The Declaration of Independence makes it quite clear that people have a responsibility --nay, a duty-- to change or alter governments which are long on usurpations, but short on individual sovereignty. It spells out the case that people are naturally disposed to allow despotic governments to grow and flourish, and that throwing them off is a dangerous and deadly serious business, and that so doing cannot be done for cheap, or light, or transient reasons.
Is there a more serious reason for throwing off a government than the fact it has spent --at the very least-- more money than exists in the combined yearly wealth of the world? Or one that has made promises to its most vulnerable citizens that it has no intention --nor ability-- to keep?
I cannot imagine one. Really.
I urge, then, that Tea Party Groups and all other interested parties of good will, and cheerful heart, assemble in mass, on the Mall in Washington DC, on April 15, 2013.
--And the millions that respond shut the Government down. The sheer weight of the numbers, the inability of the Governing Classes to get to their places of work will demonstrate that we cannot be ignored forever. Clog the streets, occupy the Metro. Jam the halls of Congress and the Mall. Our presence would be an organic game-changer.
A single election changes nothing. Very serious, substantive people have determined that we have about 24 months to right this ship, or it's gone forever.
I don't think we have that long. The economy is in a dead-stall. The only thing that gets us out of this looming disaster is drastic growth, and drastic slashing of the federal government. NOW. And our leaders are babbling on a "fiscal cliff", which is more like a stoop. The real cliff has a number: $86 Trillion Dollars.
This is a canyon which looms, and the only way it's avoided is if we grab the steering wheel. NOW.
Who is with me?