Proposes that the American Enterprise Swing Vote Party represents enterprising Americans that downsizes government and up-sizes enterprise. With Investor capitalism and Human capitalism working together founded on Humanism policies that reduce regulations, debt, waste and deficits by
following generally accepted accounting principles to manage, under constitutional government, the finances and resources of our great American
Enterprise, that resolves racism with the forces of capitalism and socialism being bipartisan allies for humanism and peace.
USA DEBT AND DEFICITS GROWING $250 BILLION PER WEEK. A $33 TRILLION DOLLAR CURRENT
LIABILITY AND $180 TRILLON IN OBLIGATIONS.
How in the world will we ever pay it back. The answer is we aren't going to. USA, red ink instead of USA, Inc. cannot perform miracles with its current form of government. Where everything is called an issue to be tabled and problems ared eferred by borrowing from our suppliers (China, Russia, Iran, OPEC, South Korea, Japan who have stolen our technology and will eventually only take over our gold and energy reserves).
If you don’t believe me just look at gold and energy as being our only fungible assets that the rest of the world can spend if our dollar (36 cents fiat
currency, purchase value), isn’t worth, its salt. At Lexington we have 8,000 metric tons, 261.5 trillion ounces, of gold bullion with a book value $11.0 trillion, and market value of $493 billion book,
In essence USA, red ink, is borrowing without collateral. Not even gold bullion or precious metals, less uranium and plutonium that Hillary sold to Russian and Obama to Iran, and Biden to China. The trade deficit is $1 trillion per year, further draining cash flow our of the currency market. Adding it all up our country is valued at $180 trillion in current and long-term net worth, and owes $205 trillion so we are $25trillion under water.
This leaves us at the mercy of any supplier who demands more collateral than a Treasury Bill unless they can hedge on shorter terms or receive increased interest payments (current annual Federal, State and Local government spent or incurred over $1 trillion in borrowing costs in 2022) with a 27.6% increase due to the Fed raising rates.
The debt clock www.usdebtclock.org is ever more definitive on the rise and fall of the American empire happening on or before our current administration gets through it in 2024. As history show us bankruptcy happens slowly, and it only takes two creditors to put us into dissolution
mode. Oh no, the constitution protects America from going bankrupt. No it says the United States cannot spend more then it earns.
Our main pieces of quick cash to fund a plan of quasi-reorganization is for our millionaires, billionaires and trillionaire corporations, to funnel capital back into the Great American Enterprise before it sinks. Black Rock, Bridge Water hedging against America is the first to step up, then Amazon,
Apple, Walmart, Costco, Tesla, GMC, CVS, Exxon, Berkshire, Alphabet, McKesson, Microsoft, Cigna, AT&T, AmerisourceBergen, Kroger, Walgreens, Kroger, Ford Motor, JP Morgan, Verizon, etc.
In bankruptcy terms reinvestment 15% of net worth in American Trade War bonds, is a reasonable place to start using GAAP generating $5.3 trillion per year five years and $10.6 trillion for five years Totaling $73.5 trillion in new capital in ten years, redeemable in 1, 15 or 20 years at 15% of GDP.
The quasi plan requires Congress to convert all accounting records to GAAP, ASAP and report to Americans the financial condition of the Federal, State and Local governments within a year of the plan being approved by a special Chapter 10 Trustee, who reports to the President, Congress, Governors, Mayors, Townships of the USA quarterly. All fiscal budgeting will be based on GAAP, and debt service reporting to the Departments of Treasuries that embraces the Federal Reserve as Deptof Finance of US government.
