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Obama refuses yet ANOTHER compromise deal….

Photo of Thomas Madison Thomas MadisonOctober 12, 2013
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By Thomas Madison

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The Chinese are worried sick! Obama refuses yet another House compromise deal to re-open the government, increase the budget, and save Obamacare. This may very well result in default to our creditors, the biggest of which is China.

I say fine, let’s default. Let’s declare bankruptcy right now. What are our creditors going to do? NOTHING! They depend on the American consumer market for their very daily bread. If they piss us off, we could impose an import tariff, which would be a win-win for us, but a killer for them. 

So, we are in the driver’s seat. I hope the House recognizes this and sticks to its guns. In fact we should just go ahead and impose a tariff, enough to cover the interest on our debt plus enough principal to pay off the debt in ten years.

WE ARE IN THE DRIVER’S SEAT! Please understand this, Washington!

 

Photo of Thomas Madison Thomas MadisonOctober 12, 2013
0 0 1 minute read
Photo of Thomas Madison

Thomas Madison

Ex-Army officer and stone-cold patriot, Thomas Madison is on a mission to contribute in any and every way to the restoration of and strict obedience to the United States Constitution, that divinely-inspired, concise, intentionally and specifically broad (wrap your head around that oxymoron) blueprint which has gifted the world with the concept and realization of individual liberty and unlimited prosperity. We, as a nation, have lost our way. We have spent the past one-hundred years attempting to fix what was never broken. As with building anything, when you can't figure it out, consult the blueprint. So too with rebuilding America, the blueprint for which is the United States Constitution.

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