This article is about four men who are seeking the republican nomination for president. Also, these four men rank highest in most political polls. Sanityandsense.com finds that two of these men are fully qualified to become president. Sanityandsense.com finds that two of these men are totally unqualified to become president.
The author of this article is an independent and is not affiliated with either the republican party or the democrat party. It is indeed a very bold statement to make that two candidates are qualified and two candidates are unqualified. My analysis is not based on the political position of any of these four men on: 1) abortion, 2) foreign relations, 3) immigration, 4) gay marriage, or 5) many other side issues.
While the aforementioned issues all have some political value, I would like to discuss the 800 pound Gorilla in the room. The news media does not wish to acknowledge the 8oo pound Gorilla because they simply do not understand the issue.
The 800 pound Gorilla is the 19 Trillion dollar U.S. National Debt. This number is so huge that it is almost impossible to comprehend. As a mathematician/scientist with five college and university degrees, I could make this article truthful but unreadable. My objective is simply to help the average voter to understand this issue by breaking the complex issue into simple steps. You do not need calculus, advanced mathematics, or even college degrees to understand this issue. It may be almost too easy. Here it is step by step.
STEP # 1) Under the Constitution, and in accordance with Federal Laws, the U.S. Congress is required to produce a federal budget each year. The yearly budget will be a budget with either: 1) a yearly surplus, or 2) a yearly deficit.
STEP # 2) Yearly budgets have a surplus when the yearly federal revenues exceed the yearly expenditures. Yearly budgets have a deficit when the yearly federal revenues are less than the yearly expenditures.
STEP # 3) If a yearly budget has a surplus, congress may use the money as they choose. Many sane and sensible people believe that surplus funds should be used to reduce or ” pay down ” the U.S. National Debt. The aforementioned situation seldom happens. If a yearly budget has a deficit, our country has to borrow the money to pay for the overspending by the U.S. Congress. The latter situation happens all too frequently.
STEP # 4) Our U.S. National Debt is the sum total of all of our yearly budgets. With a National Debt in excess of 19 Trillion dollars, the average person can easily understand that the congress has had almost all yearly deficits and that they have been massive.
STEP # 5) Congress almost always has a yearly budget deficit and only a few surplus budgets.
STEP # 6 ) Why does congress create such huge yearly deficits? Do they have to? Congress is free to decide how to appropriate our tax dollars and of course they could spend much less. Sane and sensible individuals clearly understand that both the democrat crooks and the republican crooks in congress have to ” pay off ” the political action committees (PACs) and special interest groups that fund their campaigns. Hence, huge yearly deficits.
STEP # 7) The U.S. Government has to finance our National Debt by issuing T- Bills, T- Notes. and T- Bonds. ( T stands for treasury. ) These debt obligations require the U.S. Government to pay back the money borrowed plus interest.
STEP # 8) The U.S. Debt notes used to be rated AAA-plus ( the top rating. ) This rate was often called the ” riskless rate” because it was backed by the full faith of the U.S. Government.
STEP # 9) In recent years, financial rating services have downgraded the credit rating of the U.S. Government and our T-Bills, T-Notes and T- Bonds are now considered more “risky.” This is extremely bad news for our country and our citizens !
STEP # 10) Today, other countries are viewed as safer places for investors and sovereign wealth funds to invest in debt instruments. Today, both Germany and Switzerland HAVE NEGATIVE INTEREST RATES ON THEIR DEBT !
STEP # 11) When a country is so economically powerful that it pays NO INTEREST on their debt, and actually charges the buyer a fee to purchase their debt, the U.S. Government is in serious trouble.
STEP # 12 ) In order to restore financial integrity to the U.S., our country must reduce the irresponsible, disgraceful, and unnecessary spending by the U.S. Congress. Congress must begin to produce a yearly surplus in our yearly budget EVERY YEAR.
STEP # 13 ) While the President can not tell congress what to do, he has the Constitutional power to veto any bill sent from congress.
STEP # 14 ) So, what America needs is a president who has the iron will to tell congress that he will veto any budget that is not a yearly surplus. Also, the President can “suggest” a budget that he believes congress should pass. The president has immense power to speak out for the American People against a corrupt congress.
STEP # 15 ) So, it comes down to the question: Where can America find a President that can stand up to the congressional crooks? America needs a man ( or woman ) who has not sold his soul, his integrity, and his ability to govern to the special interest groups and the PACs.
STEP # 16 ) Using the criteria in STEP 15, it is necessary to reject both Marco Rubio and Ted Cruz for president. Both Cruz and Rubio have sold their integrity to special interest groups and PACs !
STEP # 17 ) Donald Trump is 100% acceptable since he has not accepted a single penny from PACs and special interest groups. Dr. Ben Carson is also 100% acceptable because he has not accepted a single penny from PACs and special interest groups.
Both Donald Trump and Ben Carson can work for the American People because neither is controlled by outside forces. Americans have exactly three choices in 2016. They are: 1) Elect Donald Trump as President, or 2) Elect Ben Carson as President, or 3) Prepare for a worldwide depression and be happy living as a third world country with an economy much like Greece.
R. Van Conoley