Well … the meeting between Trump, Zelensky and Vance did not end well, an abject failure. And, depending on which Party one stands with, it was either a gang bang or. Which, I do believe when Zelensky walked in, he believed there would be a check in the handshake. Another round of enrichment funding. Only, Trump wanted the enrichment valve to be turned in America’s favor; a mineral’s deal to recoup what has already been spent. While Zelensky on the other hand wanted “security guarantees.” In other words, possible admittance into NATO (North Atlantic Treaty Organization), or that America will put troops on the ground to fight if Russia attacks. Either of Zelensky’s two propositions a really bad deal for WE THE PEOPLE no matter how anyone slices it. Although, on Trump’s part; a good deal to see the country get back what Congress has been selling to enrich themselves at the expense of the taxpayer using taxpayer money to fund the waste, fraud, and corruption now being exposed. What’s it called in the private sector: Embezzling?
Worse, to date, there has been no accounting for one penny given to Zelensky and how the money was spent. Or the war materiel, how much actually made it to the frontlines or was black market sold. Which begs; what was Zelensky’s net worth before and today? So please, do not sell Zelensky as the savior of Ukraine, while Trump is the world’s newest dictator in the making. Or those who have been in political office for a career are the good guys and Trump is the bad guy. Seriously! And as the “I stand with Ukraine” memes repopulate, I wonder: How any of those proposing so, will fly themselves to the country to fight and die alongside the Ukrainian fighters? What’s the adage: Put your money where your mouth is.
So, let’s twist the Constitution into a knot: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; (Constitution/Article I/Section 8/5th Clause). But the Constitution also gives Congress the ability: To borrow Money on the credit of the United States; (Article I/Section 8/2nd Clause). But constitutionally speaking: The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; (Article I/Section 8/1st Clause). And the caveat: No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time (Constitution/Article I/Section 9/7th Clause). Well … the country is currently 36 trillion dollars in debt with interest compounding at 3 billion per day. In less than a year, America has grown two trillion more deeper in debt.
Imagine, the country prints its own money, sets the value thereof, and then borrows it from whomever, while spending it without care if the debt collapses the house. Which then begs: What is national debt? If the country can print itself out of debt, then spend. Because national debt is not like an individual spending to accumulate things via credit card, personal loan, or a loan with collateral, accountable to the lending institutions, right. Or like business, building a product through the process of buy low, sell high, even borrowing to make a profit to stay in business. No, not the same. Congress is, conversely, unlike individuals or businesses, having uncontrolled spending, able to achieve a 36 trillion-dollar debt without any accountability nor anything to show for the spending thereof. The taxpayer, and borrowing thereof, the funding source. The recipients, those whom Congress deems appropriate, the benefactors of Congress’ largess.
The problem with printing though, was the ability to control the printed paper, thus the Federal Reserve Act of 1913. The dollar itself, for a time, based on the “gold standard,” until it wasn’t. So, think back to WW II and 1944 when the Bretton-Woods agreement made the dollar the official global currency. In 1968, gold started to rise in value and Congress repealed the dollar being backed by gold. By 1973, with gold climbing in value, the dollar unable to back it, Bretton-Woods was done. By 1976, Nixon did the gold standard in. So, with the dollar free-ranging, fast forward and in the hopes of removing the dollar as the world’s monetary standard bearer, five countries formed BRICS. Which stands for Brazil, Russia, India, China, and South Africa. Who also in 2023 invited six other countries to join: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) to join. Argentina declined, bringing the total to date to ten countries.
Well, as I close, Wal Mart makes a great “carrot cake” cookie. The problem is the amount of sugar used in the baking. But, hot damn they are good. So good, you can’t eat just one. A buyer beware moment when one is hungry and shopping. Anyway, while I devour my cookies, who cares about the Constitution. Isn’t Party the answer to the nation’s travails? And trying to fathom the country being 36 trillion in debt with 3 billion in interest per day compounding is impossible to conceive as the country prints what it spends. It’s like taking one bite of your “carrot cake” cookie and giving the rest away; you can’t. So, ask yourself, is national debt even real or just a figment of the imagination: A spend all one wants; we’ll print more. Plus, in all the spending: Where is the power even granted in the Constitution, believing the government was meant to be fed; not feed. It was limited in power for a reason. But as the world turns, what happens if BRICs dethrones the dollar? And if national debt is inconsequential to national health, then wouldn’t the same apply to personal or business debt? Which begs: Do legislators run their personal lives like they run the country? I bet not! And if you want a cookie, go buy your own at Wal Mart. Because we just paid our taxes; we’re broke, unlike the country.