Conventional collectivist created authority is a deception in consciousness. You are your own Authority!

Sunday, July 6, 2014

When Government Spending Made Sense

Did you know that in the year 1803 President Thomas Jefferson presided over the purchase of 828,000 square miles (529,920,000 acres) of land west of the Mississippi River, the so-called Louisiana territory, consisting of all or part of 15 present day U.S. states and two Canadian provinces, by the government of the United States of America, for the sum of only $15 million dollars – just $300 million in the value of today’s dollars?

For that we Americans got all of today’s Aransas, Missouri, Iowa, Oklahoma, Kansas and Nebraska, parts of Minnesota, most of North and South Dakota, northeastern New Mexico, northern Texas, and the parts of Montana, Wyoming and Colorado east of the Continental Divide, plus Louisiana west of the Mississippi River, including the City of New Orleans.

You see, in 1803 our politicians were frugal and Thomas Jefferson got us real value for our money. That’s when government spending made sense. He bargained with France for more than half a billion acres – about a third of the land in present day America – for a paltry .04 cents per acre.

Sadly, today it’s a far different story. Our nation is now in debt to the tune of more than $17 trillion, $583 billion, and $720 million dollars – a sum which is rapidly escalating by the second. Federal spending during just this year alone as of today’s date totals more than $3 trillion, $514 billion, and $738 million dollars.

President Jefferson, in 1803 could have purchased  the entire planet Earth for less than a fraction of what our government is spending in 2014. 

Compare that with today’s government spending sprees. Last year, for just one example, the Pentagon spent $572 million to buy only 30 Russian-built military helicopters for Afghan security forces. All of that money has been flushed down the toilet as America is pulling out of Afghanistan and the Taliban will be taking over the country and the helicopters.

Jefferson spent only about half that much money and we lucky Americans received in perpetuity about a third of the land in our entire nation. We’ll own that land forever and it cost us less than 30 Russian helicopters abandoned in Afghanistan. Would you rather have 828,000 square miles of prime American heartland or 30 Russian made helicopters for twice the price to donate to Afghani terrorists?  

Our politicians today are spending on a cost adjusted basis in just one day more than what Thomas Jefferson spent during his entire presidency and the average American citizen is getting absolutely nothing to show for it.

Today we have American unmanned military drones costing almost $4 million each falling out of the sky and crashing like dead flies at the rate of more than 400 drones lost in only the last 12 years. They’ve slammed into homes, farms, runways, highways, waterways and, in one case, an Air Force C-130 Hercules transport plane in midair.

The military owns about 10,000 of these unmanned drones, and by 2017, the armed forces plan to fly drones from at least 110 bases in 39 states, plus Guam and Puerto Rico. No one in the government expects any of these drones to last very long. They’re disposable.

Our politicians today have no qualms about disposing of $4 million dollars like so many dirty tissues of Kleenex. I think it’s about time that they and their legions of government bureaucrats started spending again like it was done in 1803.

That was when government spending made sense. 

1 comment:

  1. You may want to re-check your figures. In 1803 an ounce of gold went for $19.39.

    Divide 15,000,000 by 19.39 and you get 773,595 ounces.

    Today an ounce of gold fetches approximately $1,320.

    Multiply $1,320 by 773,595 and you get... $1,021,114,920. A bit over a billion dollars. Still a great bargain! (But quite a bit more than 300 million!)

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