King River Resources Ltd T.KRR.W

Up in arms

[MaterialsMan]

The quasi mouthpiece for the conservative party in the U.S. (FOX) is complaining bitterly about the manner in which the current liberal administration is throwing around the monopoly money that is available for them to spend.
One of its major complaints is that the foolish spending results in increased national debt.
To the best of my knowledge, the national debt has increased every year since record keeping began.
Nothing totally wrong with that as long as GDP keeps pace.
Problem is, since abandoning sound currency, the national debt has increased exponentially. Today, the economy cannot keep up.
It seems that whichever party is in office, the debt just continues to increase at mindboggling rates. During the previous administration the debt increased by about eight trillion. Up to now, the current administration has increased it by about three trillion.
Perhaps the current complaints by the conservatives is bit like the pot calling the kettle noire.
The establishment is adament that returning to sound currency would create too much pain. For who?
It certainly won't be the homeless. Nothing will change for them except possibly a battle for tent space as more of the middle class falls by the wayside in many cases through no fault of their own. And, whose fault it is can probably be debated.
I doubt there will ever be fiscal sanity unless there is a return to sound money.
We may never see it, but the world as we know it may observe an effort to proceed in that direction come August 22nd.
And, that initiative will not come from the U.S.