Friday, March 18, 2011

End E-Z $, Time for Big Squeeze

Let the catastrophe begin!

In less civilized eras than ours the charlatans of Pennsylvania Avenue would have been fed to the flames or ripped apart in the Coliseum for their fiscal malfeasance and to assuage the outrage of the masses; calling for their heads on a silver platter would have been a logical response to politicians who wantonly wasted and invaded the public treasury. In Rome citizens were appeased by rulers who orchestrated spectacles of mass destruction; they were subdued with bread and circuses. While the populace today may not want the politicians fed to beasts, they nevertheless want an end to their schizophrenic behavior.

Stop spending like drunken sailors! Lawmakers are playing Russian roulette with the future of our Republic.

While defaulting on our obligations may have no precedent and may indeed prove to be catastrophic, the witless spenders of Pennsylvania Avenue need to come to their senses and realize that sooner or later the days of wanton disregard for fiscal responsibility is at an end.

We, the people, cannot let this crisis proliferate; it needs to be addressed with harsh and radical solutions. Delaying the crisis will only make matters worse.

“Decision is the spark that ignites action. Until a decision is made, nothing happens... Decision is the courageous facing of issues, knowing that if they are not faced, problems will remain forever unanswered” (Wilfred A. Peterson).
According to financial adviser, Jeremy Vohwinkle, people who spend money unwisely and then eventually end up in financial trouble suggest a way forward to end debt. His recommendation is to start or attend a Debtors Anonymous meeting. Vohwinkle states that the program is modeled after 12-step Alcoholics Anonymous. Urge your representatives to faithfully attend these meetings. Our government officials are addicted to spending; there is a cure for this addiction.
The 12 Steps toward becoming debt-free
1. They need to admit that they are powerless over debt.
2. They need to come to the point where they believe that a Power greater than themselves could restore them to sanity.
3. They need to make a decision to turn their will and their lives over to the care of God as we understand him.
4. They need to make a searching and fearless moral inventory of their being.
5. They need to admit to God, to themselves, and to other human beings the exact nature of their wrongs.
6. They need to be ready to entirely have God remove all these defects of character.
7. They need to humbly ask God to remove their shortcomings.
8. They need to make a list of all persons they have harmed and become willing to make amends to them all.
9. They need to make direct amends to such people wherever possible, except when to do so would injure them or others.
10. They need to continually take personal inventory and when they are wrong to promptly admit it.
11. They need to seek through prayer and meditation to improve their conscious contact with God as they understand him, praying only for knowledge of his will for them and the power to carry out that will.
12. Having had a spiritual awakening and as the result of these steps, they need to promise to carry this message to compulsive debtors, and to practice these principles in all their affairs (12 Steps adapted from http://financialplan.about.com/od/creditdebtmanagement/qt/DebtAnonymous.htm).

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