Stop worrying and embrace the debt

From Atimes.com

America is in debt because it wants to be. Unlike any other country, America has believed for a generation that its debt was the fountainhead of its power, the source of its wealth and excess. America has deliberately and with full intent run deficits and financed them through debt, a veritable ATM of cash with which it buys its economic hegemony, and makes payments on its future. It's hard to solve a problem that isn't one to the blind who will not see.

The National Public Debt, at $13 trillion and rising by $1 trillion every month - was never, ever, meant to be repaid. The staggering interest costs that piled on each American every year like one hundred tons of feathers, always had to be paid by the creation of more money, which depended entirely on the stable rise of all the stuff a million miles below. Like a house of cards in a gathering storm, when the inevitable happened in the summer of 2007, the falling price of the American Dream blew the cards away.

On the other side of the world, staring blankly at computer screens awash in red, a worried clutch of foreign faces wondered - wonder - in a thousand foreign thoughts, "Ummmm ... are we gonna get paid?" And for their sins, the answer is no.

As long as the United States of America is committed to defending a way of life measured entirely by gain, the National Public Debt is the sole remaining weapon, the last bullet in the chamber left with which to defend the good Fortress of America.

And as it is the last, faint hope, no patriot wants to screw with that. The only option available to the besieged and beleaguered Alamo is to flood the planet with absolute rivers of more American debt - "stimulus" - in the vain hope that Americans will return to buying stuff at a record pace in order to force the value of the falling junk to rise again, thereby returning the world to its proper axis, moving mirthlessly among the stars and galaxies, drifting further into outer space.

Embrace the debt America, it is the only chance you have.