by Gary C. Gibson

Created on: February 16, 2009   Last Updated: February 17, 2009

The news clans are in Denver today elbowing for the chance to kiss up the Presidential plan for revitalizing American economy. President Obama is betting his political keister that the 2009 Add 3/4 Trillion Dollars to Public Debt Stimulus plan will refloat the American ship of state run aground in the shoal waters of financial corruption. Regardless of how much the economy expands it can leak out profits even faster to offshore investors and illegal aliens. Lets consider a little of the history of the political philosophy that public debt is good. Nationalization of the banks would be another vast infusion of public debt, and some would consider that good.

John Maynard Keynes was the founder of the dominant economic school of the 20th century that became eponymously named for himself. Keynes was a public homosexual inventor of wild side public debt stimulus as a good way to get the economy going-perhaps that was an alternate approach to Churchill's form of monetarism that help encourage the over exuberance of 1920's Wall Street. The Republican Party has made something of a Saint of Keynsianism along with the Democrats. The Republican take a derivative approach through tax cuts for the rich as a way to increase gross tax revenues through increasing business contributions in economic expansion. That policy not resulted in a series of significant additions to public debt to bail out the rich-for the rich not that when all is said and done they will have the good money offshore and the public will have the toxic debt.

Even Keynes himself might have stipulated that unlimited additions to public debt is economically deleterious, and that if a Ship of State has a lot of leaks and holes it won't float without a good bilge pump and even that might not be adequate. An economy that reinvests its profits abroad and imports illegal aliens fails to keep its profits invested at home, and fails to allow just surpluses to be invested abroad. At any rate the wild side of unreality in Keynsianism may not be at its final day of reckoning just yet. It might take the people of the world more time to be aware of cataclysm things such as that a balanced budget and stable population is the best foundation for qualitative social increase, or that Adam and Eve were the first Jews and that is why the Jews were the chosen people set to be an example to all the other humans mucking about in the evil world about how to have a right relationship with God (Christians being adopted or spiritual

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