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Jack Bergeron's avatar

We desperately need a balanced budget amendment added to the Constitution. If we eliminated most of the unconstitutional federal alphabet agencies, then the federal budget will be dramatically reduced. Revenues could then be temporarily used to wipe out the debt, followed by a permanent reduction in federal taxes.

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Michael Melio's avatar

Not a bad idea. But the debt of the national govt is largely to private mega-banks. And every penny of that debt is entirely unnecessary when the government owns and uses the powers of credit creation ... powers now held exclusively by private monopoly banks, the "too big to fail" banks.

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