Reflections on the US National Debt. Will we do what it takes to shrink it?

by Dr. Jeffrey Lant
So, President Obama's bipartisan deficit commission headed by former Wyoming Senator Alan K. Simpson (R) and former Clinton Chief of Staff Erskine B. Bowles (D) has issued its preliminary report.
It is a stark, sobering document. It says, in glaringly specific ways, that we as a nation have blithely spent too much too long, unconcerned like Mad Magazine's Alfred E. Newman: "What me worry/"
Well, we have partied and now wake up to a colossal headache of global proportions. Now what?
President Obama, understanding that Congress needs help with this hot potato,early on in his term issued an Executive Order on the matter. Per this order, a panel of 18 members was created; 12 are members of Congress. Six are private citizens of impeccable pedigree. Fourteen of these commissioners must agree before the panel can send any recommendations to Congress, which they must do shortly.
What the commissioners recommend... so far
The commissioners were given a breath taking charge by the president: either recommend $4 trillion dollars in budget cuts and savings and/or raise that sum in tax revenues. Everything was on the table; nothing was sacrosanct and inviolable. In short, "deal with it, boys and girls, for the good of the nation!"
The commissioners, selected for a gravely serious purpose, took the matter seriously, and have produced a serious document... the more so since others both within the Congress and out continue to play "gotcha politics" on the matter. Not so the commissioners. They set about their vital work with a will that promises to be sadly lacking in a Congress which will ultimately decide on what to do. Here is the heart of what they reported.
Item: deep cuts in domestic and military spending
Item: gradual 15-cents-per-gallon increase in the federal gasoline tax
Item: limiting or eliminating popular tax breaks (including the home mortgage deduction) in return for lower rates.
Item: benefit cuts and an increased retirement age for Social Security.
It is all sensible, logical, necessary and desirable. It is also DOA because only the commissioners have the will to make changes... and they don't have the power to save a penny or increase tax revenues Thus, under the heading "Fools rush in where angels fear to trend", here are my thoughts and recommendations. Mr. and Mrs. America and all the ships at sea, take note.
1) We live in supremely selfish times where no one is willing to give up anything. "Ask not what you can do for your country. Ask what your country can do for you."
I start from the proposition that making the necessary changes to the budget will arouse the wrath of Americans nationwide, whatever Tea Party budget- balancing tenets they espouse. Everyone entering into this necessary budget shrinking debate should expect two certain things: up front high-blown patriotic rhetoric about sacrifices willingly made ; behind the scenes bare knuckle fighting of the crudest variety to protect the haves... no matter how grossly illogical and piggish their benefits.
2) Tackle Social Security first. It is the easiest to rehabilitate.
It is time someone told the American people, who treat tampering with Social Security as the third rail in politics (touch it and die), the truth. The entitled, immovable age of 65 is the cynical legacy of Europe's most successful politician, Prince Otto von Bismarck. He's the man who engineered the unification of Germany. Looking for a way to undermine the burgeoning late 19th century Socialist movement (very strong in Germany) he asked actuaries to find a number where most men would be dead and only voteless women left. Pensions would begin then. Otto and his conservatives get the credit... but have to pay little! Actuaries said age 65 would do the trick... and so it has remained.
Since Bismarck's day, however, there have been huge improvements in health and longevity, thereby making the number 65 less an "entitlement" than a fantastic gift from the government for many years, to the detriment of succeeding (and rightly concerned) generations who foot the bill.
Note: Congress should bite this bullet early and deep. Whereas the president's commissioners want to raise the age by gradual stages to year 69, instead make the magic number go to 71 for those in reasonable health who can work. It's the right thing.
3) Make each member of the Congress take a pledge to eschew "gotcha politics" on this matter. In our brutally tit for blood-letting tat Congress to say A (like "you voted to slash military spending") immediately fuels the opposition to return (B) a blow of equal or greater intensity (like "you voted to gut all domestic spending programs"). This gets us no where and fuels national rage about "do nothing" congresses.
Members of Congress raise money to clobber each other. That's what they do. They've been doing it since Minute 1 of the new republic. Now some aspiring statesman should, in the name of getting to yes with this budget imbroglio, say "basta!" and ask all members, on both sides of the aisle, to join him and appreciably move towards the solution we must have. Make working together politically attractive and a "must"; do this and the politically pusillanimous who constitute the core of the Congress will rush to embrace it.
4) Urge the president to spend his (admittedly diminished) political capital to solve this problem -- even at the risk of losing a second term.
Americans love big men who focus on big things which benefit the nation in big ways. Let our now wounded president do this and secure a truly significant and majestic legacy.
President Obama could rise to the occasion and say, "The issue of securing a balanced, lean, fair budget and with it the sound future of the nation is so important, I intend to make it my Number 1 priority. It is crucial that America get this benefit, and if it costs me my second term, so be it. It is the right thing to do." (P.S. Not only would this be statesmanship in the grand manner, but this wounded man would sail to a second term and a legacy of substance and real worth.)
5) Explain to America what is at stake. Then sell it to the nation.
John F. Kennedy's father, Joseph Kennedy, was a marketing man. He stayed behind the scenes, raised money and gave sharp, sensible advice. Before the crucial Wisconsin primary in 1960, he told his son Jack that they would sell him "like soap flakes." They did... he romped in the primary.... and got a crucial boost on the road to the presidency.
President Obama et al need to do the same thing now. Hire the best marketing brains on earth... brainstorm every benefit. Then go out and sell it to the nation. This matter of the budget is not the most difficult problem this country has ever faced; it's entirely solvable. What is necessary is to enlighten Americans, enlist their support and show them what to do. Then lock the Congress in a room and tell them to cut deals until the deed is done. And because cutting deals is what they do best, in due course the thing will be done. Then spread the credit, take the White House photographs... and start the next spending spree. For that is the American way

Harvard-educated Dr. Jeffrey Lant is CEO of Worldprofit, Inc., where small and home-based businesses learn how to profit online. Attend Dr. Lant's live webcast TODAY and receive 50,000 free guaranteed visitors to the website of your choice! Republished with author's permission by Graham Commander http://WatchListenProfit.com.

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 Quick & Easy Way To Make Money

LoyaltePays is not only about giving you step by step instructions and online business ideas to make money in affiliate marketing, it’s about getting your income stream flowing in the fastest possible time.  The key to this is giving away quality Information Products (e-products) to your subscribers as soon as possible.

Creating and packaging your own info product can be a very slow and frustrating process.  That’s why, here at Loyaltepays, we get you started and making money online by simply distributing someone else’s e-product.  In this way you have not only a product to attract subscribers into your list -right from the outset, but one that will also help you build an ongoing relationship with your subscribers. This is the key to making money on the internet.
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1. Enlist Your Subscribers

Over and over again we hear that there are no quick ways to make money, and certainly no easy ways to make money.  That’s pure nonsense; it’s the mantra of failed entrepreneurs.  At Loyaltepays we have a different mantra: there are no quick ways to make money without loyal subscribers.

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Product Review - Does Autoblogging Really Work?

 Product Review - Autoblogging

 Autoblogging is quite a hot topic these days in the Internet Marketing social circles. In case you have not heard all of the recent buzz and are scratching your head about what autoblogging is, it's a method for creating blogs in a ?set it and forget it' kind of way that have plugins in place to automatically post content daily. This essentially takes much of the labor out of creating unique content and posting daily or even every few days. But, the question of the moment is, does autoblogging work? Can you really generate a ton of passive income just from setting up these little niche blogs and then leaving them to fend for themselves?
   
Here are some things that you might hear about autoblogging:

Autoblogging is nothing but a scam
Most likely written either by folks who have tried it and failed, or who simply dismiss the concept out-of-hand because they firmly believe that they only way to blog is by creating unique content daily.

Autoblogging is your gateway to untold Internet Marketing riches
At the other end of the spectrum you might here claims that autoblogging is your ticket to riches and fame. Those messages are most often promulgated by those who are selling an autoblogging product.

The truth about autoblogging
Somewhere in between the idea that autoblogging is a black hat scam, and the idea that you can auto-blog your way to untold wealth is the truth that falls somewhere in between those extremes.

With autoblogging you use automated plugins that grab content based on your keywords from RSS feeds, article directories, your own stash of PLR content, and videos. You are aggregating all of this content and presenting it under your chosen category along with adverts that would appeal to the particular audience that you are targeting with your content.

You also need the tools and technology to make setting up and maintaining multiple blogs simple and straightforward. Wordpress is the perfect platform for your auto-blogs because it allows you to host multiple, individual blogs with their own domain names on a single installation of the Wordpress software on your server.

Autoblogging has many moving parts, so it's good to have a proven system to follow to help ensure your chances for success. Trying to patch together a solution and work through trial and error on your own can cost you valuable time and money.

If you follow a proven system and if you are willing to invest some time, thought and strategy on the front end, you can set up an empire of auto-blogs that will generate a healthy stream of passive income for you.

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If you are serious about getting started building your own autoblogging empire, you must check out Massive Passive Profits, which is a mass deploy autoblogging format that completely automates the creation of Wordpress multi-user blog and feeds them with tons of content. Republished with author's permission by Graham Commander http://WatchListenProfit.com.

 Check out Auto Blog Samurai