I.O.U.S.A. It’s the Debt, Stupid!

I haven’t seen this film yet,

I.O.U.S.A. Movie Trailer

But nothing in the trailer surprises me. Looking forward to catching I.O.U.S.A. this Thursday. For those of you who might doubt the size of the monetary problem we face, here’s a Presidential candidate weighing in on the issue…

(Video no longer available on Youtube. –ed.)
Barr: Americans must see I.O.U.S.A.

I’ve been worried about this subject since before America: Freedom to Fascism aired. I started buying and selling silver because of it. This is the reason why the War on Terror can’t run for a hundred years, no matter what John McCain may say; and it’s the reason why none of Obama’s societal changes stand a chance of working. The debt is the 900 lb. gorilla in the room. Time to talk about it.


Editor’s note. I have eaten a Big Bowl of Crow since publishing this and other thoughts on many subjects. This is yet another post where my own lack of foresight made the article virtually useless, which ought to give anyone who thinks they know what the future holds on any subject, especially when it comes to murky subjects like money and finance, an excuse to press pause.

Not understanding that Youtube links might not function properly as the internet evolves and changes, I never bothered to tell even myself what it was the youtube links went to. Going back through these articles I’m left with having to guess my own mental states and projections from the time to piece together what it was that I thought I was saying with the various links that no longer work.

So it is with money, especially hard currency, which you have to be able to barter for goods in order for it to have any value at all. When no one takes the silver you have, you might as well throw it away or sell it to a smelter for silver weight, because it has no other value aside from what it is made of. It certainly has no relation to the value stamped on it. This is true of silver coins whether they are officially minted with ridiculously low values on them, or privately minted with ludicrous values on them that no one will honor.

That doesn’t necessarily change the value of questioning debt and spending which can’t be sustained, such as what we spend on healthcare and the military in the United States, but it does change the calculation as to the value of spending on children and parents so as to assure that their dependents grow up understanding the value of society and the benefits of it.

As for the link to the Bob Barr video, or what groundshaking thing I thought it said, that is lost to history unless some other sleuth wants to track it down and find out for themselves. I did find a link to the blog his campaign maintained at the time and linked it under the broken youtube video embed. That will have to do. I wish you luck, time traveler. 

Author: RAnthony

I'm a freethinking, unapologetic liberal. I'm a former CAD guru with an architectural fetish. I'm a happily married father. I'm also a disabled Meniere's sufferer.

Attacks on arguments offered are appreciated and awaited. Attacks on the author will be deleted.