Debt Will Destroy You

My friend Steph sent me this great link about a potential danger that most people are over looking.

As individuals, we have no problem seeing how dangerous our own personal debt is to our own family’s well-being—especially in this economy. Carrying debt is a form of slavery. But for some reason, we think our government is immune from this. I am afraid most Americans are totally ignorant of the fact that so many other countries control our debt and can call it in at any moment, totally destroying our economy beyond ANYTHING we have ever seen in our entire history. We need to stop being so pompous by preemptively throwing our military all over the globe, demanding everyone else buy up our debt, and living like we have some god-given right to our arrogance. Most of all, we need to stop spending money we don’t have. We may not be very responsible as individuals, but we are even less so as a country...

Ron Paul has been preaching this since the ‘70’s. I am currently reading his book A Foreign Policy of Freedom, which is basically a collection of all his congressional speeches from his entire career. He has always been consistent. He pounds on the stupidity of how we are constantly involved in unnecessary foreign military engagements, the dangers of our uncontrollable use of debt, and how the two things relate and they will eventually bring us down, just like every other “empire” before us. (His 1999 speeches about Bin Laden and terrorist attacks were also down right scary and dead-on two years BEFORE they actually happened.) He has had an incredible record of predicting how our government’s poor decisions have always had a way of turning around and biting us in the ass. Our government needs to stop using force to grow our empire, start treating other nations as partners, not servants, in order to concentrate on building a healthier nation here at home.