The coward's way out

Do you think America should declare "bankruptcy"?

http://finance.yahoo.com/blogs/daily-ticker/america-declare-bankruptcy-doug-casey-124119100.html

There's a big difference between acknowledging that you are broke, and actually declaring bankruptcy. The former is a rational act, the latter is an abandonment of our responsibilities.

Making "entitlement programs" the big issue in this debate is a crock of shit. Social Security was a well-crafted, adequately funded program until two things happened:

• Congress stole the trust fund
• Corporations offshored our jobs

Obama ad-Dajjal and Congress have no intention of restoring our economy. They don't know how, and they have allowed corporations and banks to escape any meaningful regulation and to pay no taxes.

If the "persons" who have all the money pay no taxes, then the government has no income. Instead of declaring bankruptcy, we should do the following:

• Tax corporations and the so-called Federal Reserve Bank. If they refuse to pay, seize their assets.
• Tax the rich to pay for any Social Security shortfall. If they refuse to pay, put them in prison. Put their children up for adoption by Russian oligarchs.
• Impeach Obama, Biden, Pelosi, and all the rest of the thugs and ruling class accomplices who sold us out.