Balancing the Books: Uncle Sam Must Collect $56,621 Per Man, Woman and Child in the United States

Can the United States of America afford a decades-long war with ISIS? Can the U.S. contain Russia should it annex its neighbors? Can we confront North Korea if its dictator teams up with a nuclear-armed Iran? Will Big Government have an incentive to secure our borders if we need new and future taxpayers — legal and otherwise — to service the interest on our debt?

There’s no doubt the United States has the best-equipped military in the world. But that may not add up to a whole lot of security if we don’t get a handle on the national debt — before it’s too late.

“I.O.U.S.A.” is as relevant today as it ever was when it debuted in 2008 on the heels of former Comptroller General David Walker’s two-year Fiscal Wake-Up Tour. The only difference? Instead of ~$9 trillion the U.S. is running a deficit today in excess of $18T. That works out to a staggering $3 million per minute — for a figure currently in excess of $56K per American!

I.O.U.S.A. documentary

Why the Occupy Wall Street & Tea Party Objectives Dovetail — or Should

If the headline-grabbing Occupy Wall Street movement proves anything, it is that Americans are gravely concerned about the state of our union.

Just as the Tea Party was regarded with suspicion in their initial rallies to reduce government bloat, throngs of leaderless Occupy Wall Street protesters have been derided for their all-over-the-map set of gripes: Wall Street traders who have funneled investors’ money not into the real economy but speculative gambles that have led to questionable lending practices, volatile commodities pricing and taxpayer bailouts; a higher education system that has become a financial albatross to indebted students; legislative favors aimed at Big Business, and widespread unemployment even among the young and the educated.

Arguably, Occupy Wall Street is to Big Business and Banks what the Tea Party is to Big Government and Waste — two sides of the same coin. Both groups — which for the purpose of this discussion are defined as principled participants not to be confused with their salacious or lawless detractors — grasp a large chunk of the problem.

To cure what ails us, Americans must reach for broader and more inclusive views and bigger and bolder solutions.

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