No—Lesser Magistrate to be found
Apr 4th, 2010 by Randy Toman
Here are a few quoted lines from the article: “Demon Debt and the Dalliance of Denial” Bill Bonner in his e-mail newsletter “The Daily Reckoning” dated 4/3/2010
“Debt sneaks up on you. Before you know it, it has taken over. It becomes too large to manage.”
“There are two parts to the debt story. The first part is just the gross size of the debt. The second is the cost of carrying it. As the debts get bigger so do the potential problems. Those problems become acute when interest rates rise.”
In the article Mr. Bonner mentions a number of states that are in serious financially trouble and their problems will become over whelming as interest rates start to climb, hence we have his sentence; Those problems become acute when interest rates rise.
Now I’m not a financial guy nor do I understand any of the high finance and wheeling and dealing of the market place but here is what I do understand.
1. I believe we have too much debt and soon we will not be able to afford to make the payments.
2. The tax payers are on the hook for the whole shoot-in-match and not only that, but we have placed our children in a hole that they cannot even see the top, nor can they climb out.
3. I hear no politician screaming bloody murder, not one.
My point is were are the “Lesser Magistrate” that come back to their districts and have these town hall meetings and tell it like it is. We should have town hall meeting every night with some “Lesser Magistrate” that is telling and/or warning the citizens of this coming danger and what we as citizens should be doing to avoid the dangers. Maybe we can be giving the “Lesser Magistrate” his marching orders, that would be an action item for the lesser magistrate, something to take back to the run a mock high authority’s in Washington, the State, and local governments.
Why the local Republican Party should be a champion of town hall meetings and presenting problems and possible solutions at least once a week. Why they should have all their committee people there plus open these meetings up to the public and have voter registration forms there to register all the folks to Republicans after the presentation. Now there’s a novel idea, you know that is what the tea party groups are doing (informing the people) and they attract hundreds of people, what they lack is the ability to have a “Lesser Magistrate” in the midst of the people because all the “Lesser Magistrates” are to cowardly to show up at their meetings, come to think of it, they might not show up at the Republican Town Hall meetings either. So now what—-WE SHALL SEE
Randy