Each month, year after year, citizens of our great Nation are expected, and dutifully respond, by paying all the debts owed on time and in full. Many will pay the debts owed using a check similar to the one shown above. For those who may have never written a check in your life, maybe because you use on-line banking and payments exclusively, the example above tells you what you would write on each and every line. The purpose of our blog today is to share THE SECRET which may have escaped many of you. You may have heard that our Nation is currently carrying a rather large debt that we as citizens must continually pay, not only the face value of the debt eventually, but we must pay interest on that debt as you would for any credit card you may hold that carries a balance from one month to the next. Now you may have regular bills that carry interest payments which you are personally accountable for, like maybe a car or mortgage payment, or as we mentioned in the previous sentence, the accrued balance on the unpaid portion of the debt on your one credit card, or maybe the debts on many of your credit cards. We are pretty sure you are aware of what may happen if you fail to make your required payments on your debts. Not only will your credit be trashed, but you could be evicted from your residence, or have your car repossessed, or be the subject of scrutiny from one of a multitude of credit collection agencies. This is not the preferable way of paying your bills, living beyond your means, and leaving yourself, and potentially your children, financially ruined. It does occasionally happen, and unfortunately many lives and livelihoods are destroyed each and every year from trying to live as a king or queen on a pauper’s salary.
It is now time for us to reveal THE SECRET that you, and potentially everyone else in your family, for which you are responsible. You did not sign any agreement for this debt. No one asked for your permission to add your name to the list of those accountable for payment of this debt. For the most part, no one has really even told you about it, and sadly enough, no one has even made an attempt at trying to figure out a way to resolve this growing debt. You are making payments, and you currently are making payments on the accrued interest, but sadly the amount of this debt grows larger and larger with each passing month. “How am I responsible for this debt”, you may ask, “and who signed my name making this debt a responsibility of mine?”
Surprise! You voted for representatives in Congress, both in the House of Representatives and the Senate, who have taken it upon themselves to assign this debt to you. You may be enjoying some of the benefits of this growing debt, but at some point, one has to pay the piper. So, get your pen and get ready to write a check to Uncle Sam for the amount of the debt for which you alone are accountable. Are you ready to write the amount? Do you think you have enough in your bank account to cover the bill? You had better check for cash under your mattress, or maybe it is finally time to look for all that loose change between the cushions on you couch or recliner.
We have a question you need to ask your Representatives. We are fairly confident that they will be unable to answer this question, and if they cannot, you need to be prepared to replace them in Congress with your next vote. Here is the question. “How many zeros in one Trillion Dollars?” Are you ready for the answer? Do you know the answer? If not, here is the answer. There are 12 zeros in one Trillion Dollars. One Thousand Dollars has 3 zeros. One Million Dollars has 6 zeros. One Billion Dollars has 9 zeros. Do you know how many Trillion Dollars our Nation is now in debt? Even most Congressmen and women will know this number, but like we said before, they have no idea how to reduce this growing number. In fact, thanks to a Congress that is adept at spending other people’s money, they will now be adding another 4 Trillion Dollars to the current amount over the next one and one-half years. The current debt our Nation is responsible for is 32.4 Trillion Dollars!
Let’s break down this rather very large number into something to which we can actually relate. First, let’s recognize that there are approximately 33 Million citizens in our Nation. Yes, it is true that more and more are being added each and every day due to the surge of illegal aliens crossing over our southern border, but they will not be accountable for paying any of this debt. The reason? Because they have no money, no job, and NGOs, mostly funded by our National Government and interests outside our Nation, are providing them with free phones, free transportation, and in many states, they will be receiving free education, free housing, free healthcare, and may even be getting free cash-cards to spend for food or other luxury items. Oh, by the way, some of your contributions to charities, and of course some of your tax dollars, are being used to support these folks.
Okay, now for the math part of our blog. Here THE SECRET is revealed. How much of this 32.4 Trillion Dollars are you responsible for? It’s easy, just divide,31.4 Trillion Dollars by 330 Million. The answer . . . . . . drum roll please . . . . . . Your share of the National debt is $95, 152.00. Can you now please write that number on your check. Oh, but before you do, remember that a large number of the 330 Million people in our Nation are below the age of 18, or maybe below the age of 30 and still live at home with nothing in their bank accounts from which to draw, so that means you are also responsible for making their portion of the payment as well. Approximately 22% of the Nation’s population is under the age of 18, so we’ll let you do the math on that one as to how much your portion of the National debt will increase. Without getting into statistics about the difference between “average” and “mean”, we will just state that each citizen has an “average” or “mean” net worth balance around $41,600, while the average bank account balance is around $5,300. So, what this means is that for a vast majority of citizens, you must not make any more payments for anything for over the next two years, and instead send any money you may be making directly to the IRS, Uncle Sam, so that we can pay off our National debt. You will not be able to pay any house, car, or credit card bills. You cannot buy gas, food, or pay any of your utility bills. Stop shopping at all stores, do not go to restaurants or burger joints, and no more paying for any services that currently make your life manageable. Can you do all that for us?
If not, what will you do to pay your share of our National debt? Maybe it is time to say “NO!” to our Congress! If they do not respond in a positive manner, it will be time to put responsible people in charge of our National Government. Our FREEDOM and LIBERTY as a Nation is at stake. Our children and grandchildren deserve more from us. They deserve responsible spending principles. They deserve the adults in the room to do the right thing and spend no more than we make. They deserve grownups to make wise, reasoned decisions when it comes to money and debt. What will you do to help put a stop to irresponsible spending by our current National Government?
“FOR UNTO WHOSOEVER MUCH IS GIVEN, OF HIM SHALL BE MUCH REQUIRED.” (Luke 12:48 KJV)