Today, we want to propose the solution to the world's debt crisis. It is so easy that I am ashamed that I never thought of it before. Never before have we seen this in print, but it is an answer that is so outside the box that even the "think tanks" have not even considered it. Here we go.
Take Greece for example. Their debt is not large so it can easily be solved. Germany and France own a large portion of the Greek debt, so our proposal would be that in exchange for the debt owed, Greece would transfer equal amounts of land to the countries holding its debt. Lets say that a German bank is owed a billion euros, they would exchange an island or two worth a billion to the debt holder. Germans go "on holiday" and what could be better to go to a German owned island in the Mediterranean!
Or the United States could transfer California to the Chinese for the debt we owe them. It would solve two problems. First, we would get rid of all the fruits and nuts in the Golden State (including Jerry Brown, Diane Feinstein and Nancy Pilsosi). Would that be all bad? Secondly, China has wanted to get a foothold in our country. They tried a couple years ago by trying to buy port operations in California. Hey, give them the state. We give up a little (California) and over a quarter of our debt is gone!
We exchange Oregon for the debt owed to Japan and hocus pocus, half of our debt is gone. Could this be any better?
And Mexico has wanted the southwest back. For the right price, we give them Texas, Arizona and New Mexico and we are debt free!
I am sure there would be many who would be disturbed by this,but you know, we need to do what is in the best interests of the country's children, right? With the amount of debt we have accumulated, none of these kids will ever be able to enjoy the life we have. So we make a small sacrifice for the betterment of the whole.
Getting rid of the debt would be a great boon to the economy. The banks would start lending again and Congress could fund Social Security and finally make Obama Care a reality. Could it be any better?
Our nation will look a little different, but in tough times one must make hard decisions. Please forward this to your Congressman/woman. I think they will agree with us that this is a brilliant idea.
Take Greece for example. Their debt is not large so it can easily be solved. Germany and France own a large portion of the Greek debt, so our proposal would be that in exchange for the debt owed, Greece would transfer equal amounts of land to the countries holding its debt. Lets say that a German bank is owed a billion euros, they would exchange an island or two worth a billion to the debt holder. Germans go "on holiday" and what could be better to go to a German owned island in the Mediterranean!
Or the United States could transfer California to the Chinese for the debt we owe them. It would solve two problems. First, we would get rid of all the fruits and nuts in the Golden State (including Jerry Brown, Diane Feinstein and Nancy Pilsosi). Would that be all bad? Secondly, China has wanted to get a foothold in our country. They tried a couple years ago by trying to buy port operations in California. Hey, give them the state. We give up a little (California) and over a quarter of our debt is gone!
We exchange Oregon for the debt owed to Japan and hocus pocus, half of our debt is gone. Could this be any better?
And Mexico has wanted the southwest back. For the right price, we give them Texas, Arizona and New Mexico and we are debt free!
I am sure there would be many who would be disturbed by this,but you know, we need to do what is in the best interests of the country's children, right? With the amount of debt we have accumulated, none of these kids will ever be able to enjoy the life we have. So we make a small sacrifice for the betterment of the whole.
Getting rid of the debt would be a great boon to the economy. The banks would start lending again and Congress could fund Social Security and finally make Obama Care a reality. Could it be any better?
Our nation will look a little different, but in tough times one must make hard decisions. Please forward this to your Congressman/woman. I think they will agree with us that this is a brilliant idea.
Let's just give them Bank of America, J.P. Morgan, Citigroup, and Goldman Sachs. In 20 years, China will be borrowing money from us to try to rescue their own economy!
ReplyDeleteI see that Herman Cain is still doing just fine in the polls. He even edged up over Romney in the latest poll, despite the sexual harassment settlement news.
Perry has made such a fool of himself that most of his supporters have come to Cain. That is the good news for Cain. The bad news is that this was a national poll, and Romney might beat him in Iowa and will certainly beat him in New Hampshire, which would give Romney the early momentum.
--David
There is a lot of time to go before Iowa and NH. I was a Romney supporter in 08, but he ran such a poor campaign then, I would hate to see him be the candidate. However, I could never see me voting for the Bammy, so I will be stuck with whomever wins the Republican race.
ReplyDeleteToday, I still am in the Cain camp. It does concern me that he is not handling this sexual harrassment case well. Every pol should understand that this has to be dealt with up front. Put out the details however embarrassing and move on. The drip drip drip is a killer. Additionally, if you handle it, put out all the details, the public will see you as an upfront person who won't try to deceive you. Cain has to keep commenting on it. If he had put out everything, it would be over by now.
Unless the women come forward with their stories, Cain has already survived the worst of it, and he is not being punished in the polls.
ReplyDeleteHe needs to get educated, especially on foreign affairs. That is what exposed Sarah Palin's ignorance, and Cain's showing that he doesn't know China has nuclear weapons is a lot more serious than saying he doesn't know who is the president of Uzbekistan.
In the poll, Cain beat Romney 32% to 18% among Tea Party voters, and since they are more active in primaries than most Republicans, that should help him. If Bachman, Gingrich, Perry were to drop out, I am confident Cain would beat Romney.
As far as the political wisdom of "putting out the details," that depends on what the details were. If it were only few inappropriate sexual remarks, most voters would excuse it. On the other hand, if he made overt sexual advances on subordinates in the organization, would you excuse that?
--David
I am starting to see another wave of banking disasters coming -- actually a continuation. Today, the yields on Italian bonds went above the 7% level. Many macroeconomists consider that a "tipping point" of no return. Unlike Greece, their economy is too big to be bailed out by the ECB and IMF. They are going down for the count, and they will take the Euro down with them. Some of the big U.S. banks may end up asking for another bailout. The OWS is coming along at the right time to keep this whole sordid mess in focus as we come into the elections next year.
ReplyDelete--David