I will advance my idea again of how the USA can fix the staggering debt problem:
DECLARE NATIONAL CHAPTER 11 BANKRUPTCY AND APPOINT AN ALL-POWERFUL JUDGE TO DISCHARGE IT!
1. Pass a law (simple majority in Congress) to declare national bankruptcy.
2. The Bankruptcy Judge and his Trustees make all the decisions and kill all the sacred cows. Small Biz Administration, farm price supports, County Agents, Dept. of Education, National Public Radio, National Endowment for the Arts, unneeded military bases, numerous commissions, subsidies, grants, etc. would come under the knife or be eliminated. A million leftist GS14s would have to go flip burgers for a living using their liberal arts degrees.
3. Cut entitlements. Advance the age for collecting Social Security and Medicare. Re-examine every person on SSI Disability and make them prove they are disabled. Make it a priority to send sick illegal aliens back to their country of origin for medical care (off Medicaid). Cut Congressional pensions to ZERO since they got us into this mess. Cut Presidential pensions to zero. Cut civil service pensions to what the lowest GS4 gets.
4. Eliminate contracts. No government unions will be recognized.
5. Lay off 80-90% of all federal workers. Contract out every function that can be privatized.
6. Sell assets. GM/Chrysler stock, mortgages held by Fannie & Freddie, BLM land, some national forests, federal buildiings, mineral rights including offshore. All proceeds must be used to PAY DOWN THE NATIONAL DEBT.
Note that the USA will NOT renege on our debt. We have plenty of assets to pay down most of the national debt. Thus our credit rating will once again be the best in the world.
A side benefit is that the transfer to private ownership of vast tracts in the West will lead to a development/mining/drilling boom.
How’s that for a start?
Private ownership? Well, which private ownership? The NWO plutocrats, or the Chinese?
You won't object when the Chinese start bringing in (without telling you) about 200,000,000 more Chinese to help them "develop" their real estate, will you? I mean, you can't -- private property! Sovereign owner! Who you gonna call then? Ghostbusters?
Most excellent, darth.
I would add one item:
Use the Reconstruction precededent to declare left wing states like California in insurrection, dissolve the state government and send in a military governor with investigators and troops to clean out the fascists and commies.
It’s either that or CW II.