The liberty principle for this
Freedom Friday concerns the collusion that is rampant in our world today.
Collusion means secret or illegal cooperation to deceive or cheat other people.
Its synonyms are conspiracy, connivance, complicity, intrigue, plotting,
collaboration, and scheming. My term for groups that practice collusion is
“secret combinations.”
Boyd C. Matheson is the president of
Sutherland Institute, “a conservative think tank that advocates for a free
market economy, civil society and community-driven solutions. He recently
posted an article titled “Collusion, not conflict, is bankrupting the nation.” He reminds his readers that Americans complain loudly about the “conflict” in
Congress between Democrats and Republicans, conservatives and liberals. He says
that all the conflict makes good news stories, but it is not “the real problem
in Washington.
Collusion is the silent but lethal force
that has crippled the economy and strapped the nation with debilitating debt,
and it ensures that power stays within the Beltway elite instead of with the
American people.
You simply cannot get $20 trillion in
debt through conflict. It is absolutely impossible. The only way to get $20
trillion in debt is through collusion.
Collusion takes place when one
Senator agrees to sponsor or support the bill of another Senator but requires a
favor in return. One form of collusion was earmarks. The earmarks are no longer
a part of the legislative procedures, but there are other forms of collusion.
If you do not believe that collusion takes place, please answer this question:
How do the politicians become so rich while in office? Almost every politician
leaves government careers much richer than when they started “serving” in
office.
Matheson claims that state and local
governments, as well as the American people, join the collusion by accepting
“more and more money from the federal government, with all the strings that go
with it.” American citizens do not seem to care about the price as long as they
receive the services. Matheson says,
Amazingly few Americans acknowledge or
even recognize the economic cost of such collusive spending today or the total
societal price of that debt their grandchildren will pay tomorrow.
Over the past 40 years our national debt
has skyrocketed from $1 trillion in the mid-1970s to $20 trillion and counting
today. If the interest rate, which has been near historic lows, were to tick up
just slightly toward historic norms, the annual interest payment on America’s debt
would rapidly reach nearly $1 trillion. That is just the interest. No tax
increase or spending cut would even come close to closing that gap. Such
collusion-induced debt and rising interest payment would decimate the poor and
the middle class in America.
I do not understand the willingness
of politicians to bring so much debt to our nation, and I do not understand why
Americans continue to elect the politicians who vote for more debt. Matheson
quoted the following statement from J. Reuben Clark, Jr. who was a member of
the First Presidency of The Church of Jesus Christ of Latter-day Saints.
Interest never sleeps nor sickens nor
dies; it never goes to the hospital; it works on Sundays and holidays; it never
takes a vacation; … it has no love, no sympathy; it is as hard and soulless as
a granite cliff. Once in debt, interest is your companion every minute of the
day and night; you cannot shun it or slip away from it; you cannot dismiss it;
it yields neither to entreaties, demands, or orders; and whenever you get in
its way or cross its course or fail to meet its demands, it crushes you.
Americans must understand that the
conflict in Congress is not as bad as the collusion taking place there. The
collusion is bringing ever increasing debt, not only to Americans living today
but to our grandchildren and great-grandchildren. We must destroy the power of
the secret combinations among us before they destroy us.
No comments:
Post a Comment