LEADERS DETERMINE DESTENATION WITH DISTINCTION OR DESTRUCTION.
Our team, the American Enterprise, Inc. has a choice for leadership to a destination for either distinction or destruction. The coaching staffed of the President, Congress, Supreme Court and our team coordinators of Governors, Mayors, County Commissioners staffed by first responders, and military, 200 to 333 million risk taking enterprising American citizens. Those who are citizens are first string, and the rest are replacements known as second, third, fourth team based on abilities. Based on learning then earning from a skill to bill for profits.
The Shareholders are the holders of American paper money, bonds, real estate, their own companies. Assets of the team. The Stakeholders are those NGO's non-governmental organizations that assistance to the governmental employees filling the nonbusiness roles of running the enterprise. AKA bureaucrats.
In the American Enterprise Trade War league, Axis of Peace, are First place USA Inc., Second Britain, Third Canada, Fourth France, Fifth Germany, Sixth India, followed by Japan, Mexico, Australia, Switzerland, Norway, Sweden, Poland, S. Korea, Taiwan, Philippine’s, Hong Kong.
The Axis of Evil Trade War league, are first place, China, Second place Russia, Third Iran, Fourth North Korea, Fifth Cuba, followed by Italy, Brazil, Paraguay, Uruguay, Bolivia, Guyana, Suriname, Romania, Crimea, Hungry, Syria, Pakistan, Africa, etc.
Who are the current leaders and where are they leading us?
President Joe Biden, bureaucrat, former VP and current President. Current rating 36% approval, too old, too liberal, too weak to lead. Vice President Kamala Harris, former Attorney General California and current VP. Current rating below 20%, ill informed, staid, lack of knowledge. Speaker of the House Nancy Pelosi, retired, former Speaker. leadership in House depicted a Political Comedy under mining free enterprise and GDP. Senate Majority Leader Charles Schumer, weak in the realm of free enterprise, and constitutional government.
Debt $31 trillion current liability DEFERRED as current ceiling to January 2025 for unfunded US total debt $96 trillion, plus $188 trillion to finance Social Security, Medicare, Medicaid, entitlements, accrued interest, pensions.
Congress passed an open-ended debt limit to the above amount, that has to be financed to pay those obligations. The debt limit is the total obligations, amount of money that the USA is authorized to borrow to meet its existing legal obligations, including social security and Medicare benefits, interest on the national debt, tax refunds, and other payments. The debt limit does not authorize new spending commitments. It simply allows the government to finance existing legal obligations that Congresses and presidents of both parties have made in the past.
In other words, there is no debt ceiling. An obvious not dealing with the lack of cash flow from USA trade deficits and $7 trillion owed to foreign countries in US Treasuries, that is growing at the rate of $1 trillion per year. Insanity is extended by extending Congress to incur debt it cannot even service. Pushing the problem off until our competitors stop taking American paper as an insolvent credit risk. Bankruptcy has arrived, with the current two-party systems fails its constitutional responsibility to not borrow more than it has earned ... Thomas Jefferson.
Americans need to know that this decision and action destroys America's credibility in the international banking requirements that will result in China, Japan, Asian competitors to raise the interest rates on existing debt instruments, or deny accepting American debt instruments as an unacceptable risk. And American hedge funders and stock markets jumping ship and filing dissolution of American gold reserves to pay down current debt
to an acceptable level.
LEADERS DETERMINE DESTENATION WITH DISTINCTION OR DESTRUCTION. Destruction has been penned into law.