Mark West
Destroy, destroy!
By Mark West
"Do not owe people anything, except always owe love to each other, because the person who loves others has obeyed all the law." — Romans 13:8
My wife and I examined our financial situation late last year. We came to a simple conclusion. We have TOO much debt.
Realizing our desire to be involved in several ministries, we had to change financially. We had to begin the destruction of our debt.
Working the numbers we had an epiphany...less debt equals more income...so began the debt destruction era of our marriage.
So a couple of know-nuthin', unimportant people figured out something that all of the "smart and important folks" in Washington D.C. haven't. Why don't they get it? Ignorance.
Either they are ignorant of how to solve the debt problem or they are ignoring the solution because it doesn't "fit" their agenda. You as a taxpaying citizen have a right to ask and a right to know!
Think about how foolish it would be for me to obtain more debt to pay off my current debt. I would then owe more debt because I would be paying interest on top of what I already owe. Debt construction.
Yet our government continues to foolishly obligate taxpayers to such an ignorant scenario. A billion here, a trillion there...chunk by chunk we are INCREASING what we owe, not decreasing.
Here's the equation: (A) We now owe more money due to interest, (B) Our money is worth less. A + B = debt construction! We are doing nothing more than transferring an increased debt load to a future generation.
Debt destruction, not debt construction, is the solution our economy needs. The 800 pound gorilla in the room is our debt, nationally and individually. Ignoring this gorilla is stupid and dangerous!
We owe massively more money than we make and we must seek out and destroy our debt. More individual income will stimulate the economy in a real and lasting way. More individual debt, you know the whole "banks need to lend" thing, will continue strangle the economy and individuals as well.
You should now understand what level of ignorance your government is now operating under. A truly sad tale of money and power.
Any fool can construct debt, only a truly wise person can destroy it!
© Mark West
March 24, 2009
"Do not owe people anything, except always owe love to each other, because the person who loves others has obeyed all the law." — Romans 13:8
My wife and I examined our financial situation late last year. We came to a simple conclusion. We have TOO much debt.
Realizing our desire to be involved in several ministries, we had to change financially. We had to begin the destruction of our debt.
Working the numbers we had an epiphany...less debt equals more income...so began the debt destruction era of our marriage.
So a couple of know-nuthin', unimportant people figured out something that all of the "smart and important folks" in Washington D.C. haven't. Why don't they get it? Ignorance.
Either they are ignorant of how to solve the debt problem or they are ignoring the solution because it doesn't "fit" their agenda. You as a taxpaying citizen have a right to ask and a right to know!
Think about how foolish it would be for me to obtain more debt to pay off my current debt. I would then owe more debt because I would be paying interest on top of what I already owe. Debt construction.
Yet our government continues to foolishly obligate taxpayers to such an ignorant scenario. A billion here, a trillion there...chunk by chunk we are INCREASING what we owe, not decreasing.
Here's the equation: (A) We now owe more money due to interest, (B) Our money is worth less. A + B = debt construction! We are doing nothing more than transferring an increased debt load to a future generation.
Debt destruction, not debt construction, is the solution our economy needs. The 800 pound gorilla in the room is our debt, nationally and individually. Ignoring this gorilla is stupid and dangerous!
We owe massively more money than we make and we must seek out and destroy our debt. More individual income will stimulate the economy in a real and lasting way. More individual debt, you know the whole "banks need to lend" thing, will continue strangle the economy and individuals as well.
You should now understand what level of ignorance your government is now operating under. A truly sad tale of money and power.
Any fool can construct debt, only a truly wise person can destroy it!
© Mark West
The views expressed by RenewAmerica columnists are their own and do not necessarily reflect the position of RenewAmerica or its affiliates.
(See RenewAmerica's publishing standards.)
