Submitted by: Donald Hank
Michele was by far the most brilliant. But what do we do with winners in the Brave New US?
Don Hank
Consider the context: A little over four years ago we were just over $8 trillion in debt. We are now $15 trillion in debt…. Now we’re talking about adding… another $11 trillion in debt…. All that [the members of the Super-committee] were asked to do was cut back on $1.2 trillion of that increase in debt. We aren’t even talking about the central issue, which is balancing the budget. We need to balance the budget, and then chip away at the debt…. What we need to realize is that when we are sending interest money over to China, with whom we are highly in hock, we’re not just sending our money; we’re sending our power. What will happen is that our national security and our military will decrease, and our money will increase China’s military…. That should give every American pause.”
Indeed it should. Instead, it merely gave CNN pause—as in, an opportunity for a commercial break, to which Wolf Blitzer quickly sent us, while the audience in attendance sat silent, as though waiting impatiently for Wonder-Newt’s next pearl.
Bachmann’s words were perhaps the most important of the debate. She had cut through all the ‘cuts’ talk and austerity-avoidance to address the biggest issue on the table, the one almost no one is prepared to speak to: The United States Federal Government is not even prepared to acknowledge the fact that the country has a debt that, even if no further deficits were incurred from this moment on, might still be insurmountable—and that this dagger is pointy at both ends, as the financial crisis itself is probably enough to bury the nation, but to make matters worse—as Mark Steyn has repeatedly explained—a direct by-product of the crisis is the U.S.-funded empowerment of China.
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