to the editor from this week's Chronicle:
This is the week we are told, when our state government decides what
to do about SB 1067. Anyone who has kept up with the proposal still has
a chance to contact legislators if one's strong opinions are involved.
You can log onto the internet, and gather more information on the proposal.
One who does so will find that the bill has over 40 pages, and in several
places has wording which makes people like me very leery of the agreements
forced on recipients like we are asked to become!
And I ask, how can it be otherwise? Foreign countries are involved,
and it is an agreement we are asked to sign. It would be very unreasonable
to assume that all situations which arise would result in solutions we
agree with. Especially when many of those other countries are very different
from our own, and operate under laws we would not tolerate here.
Interesting also is the fact we are told that all states must fall
in line before this can take place as proposed. To date, about 20 only
states have agreed, and any one of the remaining ones, including Idaho,
can throw a wrench into the works by simply saying no! Personally, It is
my hope and conviction that Idaho will be one of those states!!!
Which triggers another thought that keeps burning in my mind! "We will
lose..." we are told, some "36 million dollars of federal money" by refusing
to go along with SB 1067. Hmmm?!!? Really??? How can we be comfortable
with taking another 36 million from our federal government, when it is
technically broke? BROKE I say, be cause no one will ever argue that our19
TRILLION debt will ever be repaid or our government intends to pay it!!
In fact, history and current economics calls for more inflation, moderate
of course we are told, with a corresponding reduction in the value of the
dollar so that the debt is reduced politically. Of course! If the declining
dollar goes to zero in value, then so too will the debt become meaningless!
Wow!! That must mean that any long term debt I might currently have will
also become meaningless! What a thought!! Why can I not keep rolling over
my own debt like Uncle Sam does until the shrinking dollar goes to literally
zero? Or better yet, should I not be able to simply print up more money
like the Federal Reserve does, with their QE (Quantitative Easing) program
which has been dumping around 85 billion each month into the economy! Most
of which goes to big banks and stock market investments! And of course,
all that money means that interest rates are near zero, and will stay there...,
as we have just been told again that the FED is now proposing that no rate
increase will come until probably September. NICE! (Hey! They do not dare
raise it..., because disaster will result!)
A final thought! In this Red Neck's youth, we used to be impressed
by figures like one million, then eventually by a BILLION. Now we talk
of TRILLIONS! Well, it is hard
to grasp, because even a million is 1000 thousands, while a billion
is 1000 millions!
That means of course that a TRILLION is 1000 billions, and we only,
I say ONLY are in debt at the national level some 19 TRILLION! So does
it make sense I ask, that we ask for just a few more millions from the
feds, borrowed money of course, to put into our state treasury, when our
state by its constitution cannot operate that way, and as a consequence,
has NO LONG TERM DEBT! Please help me understand!!!
Template Design by: