Monthly Archives: December 2017

The Federal Government’s “Debt Ceiling”

E-Newsletter No. 48 _____ December 2017

In September, the US House of Representatives and US Senate failed to address the federal government’s growing debt problem, as they postponed any action on the “debt ceiling” until December 8th. Our Editorial Board does not anticipate that any meaningful debt ceiling / limitation will be established this month.

As we mentioned in our Conversation Piece entitled Other Musings, the lack of fiscal responsibility by our federal government represents a complete and unequivocal failure of our country’s leadership (in both political parties). The Left has generally ignored many of the warnings that were laid out in the Federalist Papers and in Thomas Paine’s pamphlet entitled Common Sense.

Our Editorial Board does not believe that there is anything fundamentally wrong with the way the US Constitution was written. Unfortunately, the liberal/progressive movement continues to try to “fundamentally transform” the federal government and, therefore, the relationship between We-The-People and our government.

Fortunately, our country’s Founders provided us with a means to work around an out-of-control government, and we believe the time has come to amend the US Constitution and implement Term Limits for members of the House of Representatives and Senate. Under Article V of the Constitution, 34 of the 50 states need to pass legislation to call for a Convention of States. Such a convention would then be able to draft proposed amendments to the US Constitution, such as establishing fiscal restraints on the federal government, limiting the power and jurisdiction of the federal government, and limiting the terms of office for its officials and for members of Congress. You can go to to learn more.
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Please note that we have posted an eBook version of The 2020 Initiative on our website –

We encourage you to forward this link to your representatives in Congress (along with their Legislative Directors) and we encourage you to continue to deliver the message that “enough is enough”.

US Debt Clock on December 1st – – $20.5 trillion / / $63,044 per citizen