... is what we've had for some time now. A government drunk on printed money.
About 6 years ago, I penned this one: Life's Pricing Structure Is Broken. In all immodesty, it's one of my favorites. Here's a snippet apropos of today's post.
What does it do to an individual when they discover that they can print money to spend, year after year?
What kind of car would you buy if you could print money? Me, I'd buy a Lotus. You might buy a Ferrari. Why don't you do it now? I don't have a Lotus because it would take me a year to earn it. The Lotus would represent a year of my life. If I could print money in the Catican, the Lotus would represent ... nothing.
Our pricing structure is broken. We no longer connect sacrifice with possessions.
Now check out just two of the things DOGE as uncovered from USAID.
I could conceivably understand sending money to Somalia to assist in building roads and digging wells, but sending money to Canadian universities and British Broadcasting is profligacy for its own sake. Money had no value, so it was sprayed all over the place, directed by malignant idealogues without oversight.
The list goes on and on and on and this is just USAID. Wait until they get to the Department of Education or Health and Human Services. Those will be eye-watering. I have no idea who was shelling out the coin for the illegals, but I do know that Catholic NGOs raked in nearly $3B over the last 4 years, flipping all of us the bird and assisting in the invasion of our country. Lutheran NGOs weren't far behind.
And yes, that's 3 billion with a "B."
Money had no meaning, so a culture of wild spending grew like kudzu until we found ourselves sending $2,000,000 for sex change operations in Guatemala.
1 comment:
That table is pretty appalling. Maybe too appalling. What is the time frame on that? I just checked the total budget expenses for the top one (University of British Columbia), and they are spending 3.7 billion to run their entire institutions. The number on the table is more than a quarter of that. Are they seriously claiming that the US government is funding over a quarter of the entire budget of UBC? The other numbers on that table are similarly difficult to swallow, each of them individually exceeds the entire budget of Michigan Tech University (and while we aren't a particularly large university, we aren't that small, either). Are these even supposed to be annual numbers? Or are they over the last 10 years? Or since 2000? Or since USAID was created in 1961? Are they even money from USAID, or are they, say, the entire research budgets for those institutions?
I tried to find the source of that table, and am not seeing it. Where did you get it?
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