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The Budget CANNOT Be Balanced, Even if the Govenment is Shut Down.

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posted on Sep, 24 2012 @ 08:45 AM
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Since the federal reserve is a PRIVATE world banking cartel, pass a law dictating they pay income taxes on the interest earned on the national debt. Make it retroactive to 1913 with interest and penalties. Make it 100% on the annual amount over $100M. (The have to make some profit to stay in business).

Debt gone with the stroke of a pen.




posted on Sep, 24 2012 @ 02:43 PM
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reply to post by shake101
 


The economy could actually be saved by newer, better, computing breakthroughs that give America a stronger share compared to Japan and Korea which are very competitive for now.

But the tech breakthroughs that are even more important are in energy, and biotech. As you said, we have a foreign oil dependency. But if we can make solar, wind, and other renewable energy tech more efficient and affordable we can use it here and sell it to the world.

As for the people in Washington, I'd hope they see the problem as one with solutions. That is more productive than looking at the deficit/debt and just dismissing it, saying it's impossible to balance.



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