Letter: Government has its limits
The idea that government, which means basically, taxpayers, should guarantee every citizen enough to eat, a place to sleep and health care suggests a great dimness of mind and a poor grasp of the way things work or simply put, the natural order. A constantly dwindling number of taxpayers at the mercy of a predatory welfare class cannot carry the entire population. The crucial question for the non-taxpaying welfare recipients is, just how long can you expect the taxpayer to continue this charade?
It is becoming evident that the government is exercising a more pragmatic view of the current debt crisis. The purchases of large quantities of small arms ammunition by government is but one aspect of the dawning pragmatism within the U.S. government. The Federal Reserve’s efforts to monetize the debt cannot possibly end well; this is evidenced by a plethora of rumors circulating within government about possible government control of IRA and 401(k) retirement accounts. Those citizen accounts are estimated to total $1 trillion, lucrative target for a desperate government.
Recent research by the International Monetary Fund has resulted in an estimate that it will be necessary for the government to cut transfer payments by 35% and to increase tax receipts by 35% in order to avoid going over a fiscal cliff. Obviously such a severe reduction in transfer payments would result in widespread rioting and civil unrest by the predatory welfare recipients while a 35% tax increase on the beleaguered taxpayers might well result in a tax revolt.
What’s a government to do? Just what they have been doing, monetizing the debt, rumoring about asset seizure, debt cancellation and, voila!—purchasing ammunition in large quantities. The current pragmatism by government continues to reflect a poor grasp of the way things work.
The U.S. government will ultimately join the long list of defunct governments that have indulged in currency creation and subsequent collapse. The U.S. government’s recent pragmatism reflects that possibility. These ammunition purchases likewise reflect a certain pragmatism towards its will to survive. The forfeiture of something more than money is a distinct possibility.
Port Haywood, Va.