There’s a rather eclectic comic named Emo Phillips. He did a bit in the 80’s when Japan owned a lot of US debt. In it, he suggests we’ve nothing to worry about. One day the Japanese will come and say they’d like their money. We’ll say we don’t have it. They’ll ask what did you do with it. We’ll say, we bought all of these nuclear missiles. The Japanese will then say, ok, don’t worry about it, we’ll talk to you later.There’s a reason the monster is a dragon.We have a deficit. We owe most of the money to China. China doesn’t want our money as much as they want our coal, gas, food, and technology. As long as we provide value, money is not as important. There is so many things we can do, here’s one, a quote from Wiki about Gold mined on public lands in Nevada." Many of Nevada’s gold mines are located on public land, but the mining companies pay no royalties to the US government. Fighting efforts to have the gold mining industry pay royalties for mining on public land, the local community commission in Elko County, Nevada said that royalties would force mining companies to cut jobs and move elsewhere.3 In response, Senator Russ Feingold (D-WI) said the no royalty program is a “rip-off and doesn’t make sense any more,” and if it was changed, “could provide $300 to 400 million in revenue to the US government.“"Most of the minerals, trees, and resources harvested from public lands are done so at a fraction of the cost of the same items harvested from private lands or imported from overseas. Closing loopholes, increasing penalties for noncompliance to regulations, and aggressive enforcement of existing regulations would save additional millions, even billions. We have several commentators on these forums who know much more about this than me and have put forth good ideas in the past despite attacks from people who aggressively defend positions without links or explanation.An insult is rarely informative.If the deficit is Godzilla, we can survive it. It may do a lot of damage, but we have the technology and manpower to stand against whatever is thrown at us. All we need to do is face it with unity and resolve.Respectfully,C.
There’s a rather eclectic comic named Emo Phillips. He did a bit in the 80’s when Japan owned a lot of US debt. In it, he suggests we’ve nothing to worry about. One day the Japanese will come and say they’d like their money. We’ll say we don’t have it. They’ll ask what did you do with it. We’ll say, we bought all of these nuclear missiles. The Japanese will then say, ok, don’t worry about it, we’ll talk to you later.There’s a reason the monster is a dragon.We have a deficit. We owe most of the money to China. China doesn’t want our money as much as they want our coal, gas, food, and technology. As long as we provide value, money is not as important. There is so many things we can do, here’s one, a quote from Wiki about Gold mined on public lands in Nevada." Many of Nevada’s gold mines are located on public land, but the mining companies pay no royalties to the US government. Fighting efforts to have the gold mining industry pay royalties for mining on public land, the local community commission in Elko County, Nevada said that royalties would force mining companies to cut jobs and move elsewhere.3 In response, Senator Russ Feingold (D-WI) said the no royalty program is a “rip-off and doesn’t make sense any more,” and if it was changed, “could provide $300 to 400 million in revenue to the US government.“"Most of the minerals, trees, and resources harvested from public lands are done so at a fraction of the cost of the same items harvested from private lands or imported from overseas. Closing loopholes, increasing penalties for noncompliance to regulations, and aggressive enforcement of existing regulations would save additional millions, even billions. We have several commentators on these forums who know much more about this than me and have put forth good ideas in the past despite attacks from people who aggressively defend positions without links or explanation.An insult is rarely informative.If the deficit is Godzilla, we can survive it. It may do a lot of damage, but we have the technology and manpower to stand against whatever is thrown at us. All we need to do is face it with unity and resolve.Respectfully,C.