Thursday, April 28, 2011

Are we too far gone?

I read this week that for the first time more people in the US are on government assistance than those who are not. In other words, there are more people riding in the wagon than are pulling it.

At first that statistic is hard to believe until you think about the growth in government assistance during the Bush administration, and even more so since the Obama administration took over. In addition to the normal entitlements like social security, Medicare, Medicaid (and if Obamacare becomes law 50 million people getting assistance with their insurance premiums), also consider the following:
Forty million people on food stamps; millions more on welfare; 99 weeks of unemployment insurance; subsidies for people whose mortgage is in default; school lunch programs; college assistance programs; remember "cash for clunkers"?; how about $7500 government assistance if you buy a GM Volt?. In addition there will be unforeseen government assistance to victims of natural disasters - floods, hurricanes, tornadoes, earthquakes, etc.

It is not my intention to debate whether or not all of these programs are necessary. I'm sure many are vital and there is no question the "baby boomers" are presenting a huge financial burden on this country. BUT WE HAVE NO MONEY! The national debt is insanity and approaching a level that will be impossible to overcome. Are we too far gone?

The debt is at $14.5 trillion dollars (and climbing) and is so large that most Americans cannot even comprehend it. To put it in perspective we are borrowing $188 million every hour. Congressman Paul Ryan recently proposed a budget that will "reduce" the debt by $6 trillion dollars in ten years. It was immediately dismissed by democratic politicians and president Obama as "radical". Now let's see, this so-called radical budget will reduce the deficit to just $8.5 trillion by the year - 2021, this is assuming no major disasters, terrorist attacks, wars, etc.

Next week will be a debate about raising the debt limit. If the republicans and moderate democrats vote to raise it again, you will have the answer - we are too far gone. Politicians talk about a 'Balanced Budget Amendment" to the Constitution. Realistically that would take 5-10 years, even it if received affirmative votes throughout the very complicated process. Here is my idea for a quick balanced budget amendment - freeze the debt ceiling permanently and tell the US government "that's all folks". Make interest payments first, then tell the managers of our government agencies to divide up the balance and do whatever is required to keep the country functioning. It could be painful, but as simple as that.

We approach the debt limit in just a week and what action do we see in Washington? While Obama goes on Opra and gives press conferences about his birth certificate, our politicians enjoy the remainder of their two week "spring break".

Sunday, April 3, 2011

"The Social Network"

If you have not seen this movie it is worth watching. And if you are a very observant grandfather (like me) with the ability to step the DVD through frame by frame, you will see my grand daughter in the 'dance scene'...it's only a few seconds, but she is a beauty. OK...that's not the point of this blog.

Facebook started as a local Harvard experiment in 2004 by a young man wanting to get students in touch with each other, and since has become a worldwide phenomenon. It has also made its 20+ year old founder the youngest billionaire in the world.

I love Facebook because I can follow the day-to-day activities of my large family and many friends, communicate with them, post pictures, and even get into a spirited debate from time-to-time. But Facebook and other so-called social networks have had a much more profound effect on this world.

I wonder if that young man who started the Facebook experiment at Harvard would have ever dreamed that after a Tunisian vendor set himself on fire to protest his totalitarian government, that the simple communication between people on the internet would set the Middle East on fire. That one incident has caused revolts from people wanting freedom in Tunisia, Yemen, Bahrain, Saudi Arabia, Egypt, and now especially Libya and Syria. Countries that have for centuries been ruled by an iron fist are being brought to their knees by a network of communication that is slowly bringing this world together and allowing people who have been isolated all their lives to see what freedom is all about.

Think about China and their 1+ billion people who are mostly oppressed without the ability to communicate with the rest of the world. The Chinese government controls all aspects of the internet, but sooner or later technology will win out and when their citizens start realizing what they might be able to achieve in a truly free society, the Chinese government may have the biggest revolt of them all.

Isn't it ironic that all the guns, arrests, torture, and prisons that maintain control in these totalitarian states may some day be defeated by the technology resulting from some college boy at Harvard trying to get students to "network" with each other?