I agree with most of your commentary, especially the conclusion about where we are going to be financially unless we rein in the powers of the central government to what it was set up to do originally which was outlined in the preable to the founding document: form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty.... In fact these precepts were limited. No where does it say govern, which now means rule, it simply compiled areas in which it was felt states could not do for themselves under the Articles of Confederation, either economically or strategically i.e. defense.
They did not want a King, ruler or sovereign, which is what we have now. In fact with Obama as President, or king, and the Senate, as princes, and the representatives as dukes, we have a constitutional monarchy by defacto IMO. The courts are the Jesters.
All powers not granted to the federal government are reserved to the states or people. Today, nothing is reserved for the people who are just surfs in this land. The federal, er feral, government is supreme in a God like manner. So to me rather than to begin by dismantling things
the first order of battle is to stop any more give aways from taking place. Once that is accomplished, then move on to taking out all the programs and removing them by the roots. This will be as long a road as it was to get here I fear as it will not happen overnight unless there is a successful revolution or secession. I hate to use a metaphor attributed to commie Mao but the journey of a 1000 miles begins with the first step.
Thanks for your very thoughtful reply.
One point needs further discussion, as follows.
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Pardon this editing of your sentence, “ - - - This will be as long a road as it was to get here I fear as it will not happen overnight - - - “ but financial Markets are rarely that symmetrical.
A long build up and a long decline are rare, whereas as a sudden decline is the usual pattern.
Currently, the Baby-Boomer Generation has lost 30 % of its net worth in the bursting of the Federal Housing Bubble in 2008. That was 5 years ago.
In similar manner the Student Debt (”Loan”) Bubble will burst suddenly at the worst possible time, and “surprise” the gullible (Media) and the evil (politicians).
The advocacy of State Control (Communism) by Communist-trained B. Hussein Obama has telescoped history so that individual States are giving serious consideration to the idea of Succession from the damned US Federal Government.
A very good effect of a shut down of our sorry Federal Government would be pause to consider why our vaunted Constitutional “Checks and Balances” failed to self correct the Federal takeover of a very poorly managed system of Government.