My Plan to Pay Off the United States Debt

Current U.S. Debt: $16,800,000,000,000 (as of 4/7/2013) [1]

Benjamin Franklin: "Buy what thou has no need of, and before long thou shalt sell thy necessaries"; "Rather go to bed without dinner than to rise in debt."

Earlier this week I calculated out how much national debt we have per employed person (155,500,000 employed people as of Feb 2013 [2]) in the U.S.: $108,039. Add in the all the state and local government debt [3] and it’s $115,756 per working person.

I have a plan to fix it. Assuming we balance the budget now, and I’ll assume only the highest earning 50% of working people can afford to help pay off the debt because a lot of people are only part time or minimum wage so that leaves $311,152 of debt per “rich” working person … I have a plan to pay off the U.S. debt in two generations. If the Feds keep interest rates on bonds around 2% and the top 50% of wealthy working persons pay an extra $10,000 (it’s like having an extra mortgage) in taxes per year we can pay off all the debt in 50 years. (so by the time my kids are retired they would live in a debt free United States). We could even pay it off faster if we made government smaller and more efficient.

I also think in exchange for paying off the national debt those people should get some perks after they’ve paid off a certain amount, like tax free distributions from their retirement accounts and property tax exemptions.

If we are to become serious about paying off the U.S. Debt we need to stop spending money on anything unnecessary. Even local city and state taxes need to stay low while people have that extra burden. Fixing potholes and building roads where they’re needed and making sure our infrastructure is safe is still important, but spending money to narrow the roads and put in new sidewalks and make parks look prettier isn’t really needed until the U.S. is out of debt.

Think what you do when you run in debt: you give to another power over your liberty. — Benjamin Franklin

The rich rules over the poor,
and the borrower is the slave of the lender. (Proverbs 22:7, ESV)

Our U.S. debt is a moral issue.  If we don’t make a plan to fix it, consider that we are enjoying entitlements and benefits for ourselves while we sell our children and grandchildren into slavery.

References:
[1]  http://www.brillig.com/debt_clock/ April 7, 2013
[2] http://www.ilo.org/washington/ilo-and-the-united-states/spot-light-on-the-us-labor-market/recent-us-labor-market-data/lang–en/index.htm April 7, 2013
[3] http://www.usgovernmentdebt.us/ April 7, 2013

Christian Homeschooling Parents in Danger of Deportation: You Can Help

My readers from California will spot the irony in this…

Over 73,000 Signers Support German Homeschooling Parents in Danger of Deportation

Romeike Family
Christian family seeking asylum; Obama wants to deport

Here’s a German family, the Romeikes, that believe in homeschooling their children but in Germany that means jail-time and their children will probably be taken away.  So, they came to the United States, the land of Freedom, seeking asylum.

After all, raising your own children is a fundamental right, right?  Well, not according to our leader: Obama Admin Wants to Deport Christian Home School Family

Home School Legal Defense Association has setup a petition on the White House website…

If you believe raising your own children is a right, then sign the petition.  It doesn’t guaranty a favorable response, but 100,000 signatures does mean the Obama Administration will respond.  Currently it was 84,144 (as of April 8, 2013) and needs another 15,856 by April 18th.

Sign the petition at the link below.

WE PETITION THE OBAMA ADMINISTRATION TO: Immediate Action Requested for Romeikes—Grant Permanent Legal Status to Persecuted German Homeschool Family

Dr. Benjamin Carson’s National Prayer Breakfast Speech

Ben’s Android App Picks

Updated 10/30/2011

Finance
Great improvements for Financial apps this year, most decent banks and brokerages have rolled out mobile deposit allowing you to deposit checks by merely taking pictures of them.


Schwab Deposit Check
Schwab Mobile – Mobile (camera) deposits, trading, transfers.

Fidelity Investments  – Mobile (camera) deposits, billpay, trading (supports trailing stop loss trades), market news, transfers.

(Both Schwab and Fidelity have a $10,000 daily mobile deposit limit, a lot better than J.P. Morgan Chase’s $1,000 limit which makes their mobile deposit app useless).

ING DIRECT – Billpay, transfers, P2P payments.

HP 12 C
Andro12C – This is the best HP 12c emulator for Android that I’ve come across.  The HP 12c is now 30 years old, and also happens to be my favorite financial calculator.  I use it to calculate interest on loans, mortgages, investments, depreciation schedules, etc.

QuickRegister – Record cash transactions then export QIF file into Quicken.

Reading
This has been a good year for Bible apps, YouVersion’s Bible app continues to improve and offer more free translations.  Also we also saw the introduction of Logos Bible Software, which links your commentaries and books with scripture references.

Logos Bible Study App
Logos Bible Software – The best Bible Study app.  It can do word studies, translation comparisons, but where it really shines is if you own one of the Logos Base Packages it will synchronize with your library so you have access to any commentary, hymnal, book that you own are licensed to access, and can run a Passage Guide which will pull up every commentary entry related to that passage.  Logos did a good job.

Bible (YouVersion) – Best free Bible reading app.  It can read to you, most popular Bible translations are free (including  NIV, ESV, NLT, NKJV, AMP, NASB, CEV, NET, WEB, NCV, TNIV, HCSB, as well as translations in foreign languages).  For publishers that allow it the Bibles can be downloaded for offline use.  I’m not interested in the social stuff so I haven’t tried it but it also does social interaction during a service (I guess you can comment and ask questions to other people with the app at the same event) with YouVersion Live, and also has hooks into Facebook, and Twitter.

Kindle (Amazon) – Can’t go wrong with Amazon’s Kindle App.  Free classics (G.K. Chesterton, Lewis Carroll, etc.)

Weather
Most weather apps could still use some improvements, typically what people want to know is what it’s going to do and when… and most require too many taps to get there.  One weather app did it right… but what I’d still like to see is what will today be compared to yesterday so I’d know to prepare for a warmer or colder day.

AIX Weather Widget

Aix Weather Widget – Quick weather view of the next 24 hours.

Calendar
Business Calendar – ($4.99, I got it for free from the Amazon App Store) – Much better than the stock calendar, especially since the month view can show text entries instead of colored blocks.

Utilities

Handy Calc
HandyCalc – The most powerful calculator.  Graphic calculater, currency converter, unit of measure conversions, fraction calculations, formula solving.

Communication
Google Voice – Transcribes your voicemail, intercepts dialer to make outgoing calls as your Google Voice number, free text messaging.

Gmail – Native Gmail App

Flickr – Finally, a flickr app!

Organization

Evernote
Evernote -Note taking app (syncs with Evernote on your computer).

Music
Amazon MP3 – Stream music from your Amazon library.

Pandora – Calm Eli down with music.

Shopping
Amazon Store – Scan barcodes to see if Amazon beats the price (they usually do).

Amazon App Store – One fee paid app per day.  Some are even good.

News

Drudge Report
Drudge Report – Can’t do wrong with Matt Drudge..

The Wal Stree Journal Mobile – Read stuff that doesn’t make the socialist news.

Business
Call Accounting Lite – Export phone calls logs to CSV (great for tracking how much time you spend on the phone with clients).

Other apps

Parcels – Track packages from just about any carrier.

Google Maps – Turn by turn GPS Navigation

My Tracks – Track your walks and bike rides using your GPS.  Shows you statistics like your average moving speed and elevation change.

Technology Geek Apps

Wifi Analyzer
Wifi Analyzer – Find out what W-Fi channels will get the least interference.

APG – PGP encryption for Android

KeePassDroid – Implementation of KeePass for the Android

Tasker ($6.49) – What is there that this app can’t do?  I use it mostly for location based actions.  Walk into church and my phone goes to silent mode, if I have a meeting scheduled at work phone goes to vibrate during that meeting.

CSipSimple – The best SIP client for the Android.  It’s sort of like Skype in that you can make phone calls over the internet but unlike Skype, you’re not locked into any particular provider (like email).  It’s pretty useless since I’m the only one who has it.

GrooVe IP – Make VoIP to POTS through Google Voice/Chat for free.

 

Peter Schiff Represents the 1% at Occupy Wall Street

Submission to Authority

Submission to Authority

Barrack Obama just won the election. You and I know some of the reactions we’ll hear from Christians—and they won’t all be Christian (I know this from the Clinton years). So let me take this as an opportunity to remind you (and myself) that all authority comes from God. This is clearly explained by Paul in Romans 13:1-7 (ESV):

1 Let every person be subject to the governing authorities. For there is no authority except from God, and those that exist have been instituted by God.

We are to submit to governing authorities. Paul says here that all authority is established by God (Even leaders like Pharaoh were brought into that position for God’s purpose—Romans 9:17). John MacArthur says that God has instituted 4 authorities on earth1

  1. government over citizens
  2. church over believers
  3. parents over children
  4. masters over employees

2 Therefore whoever resists the authorities resists what God has appointed, and those who resist will incur judgment.
3 For rulers are not a terror to good conduct, but to bad. Would you have no fear of the one who is in authority? Then do what is good, and you will receive his approval,
4 for he is God’s servant for your good. But if you do wrong, be afraid, for he does not bear the sword in vain. For he is the servant of God, an avenger who carries out God’s wrath on the wrongdoer.

Disobedience to the government is disobedience to an institution established by God, which will result in punishment by the government. The government has the right to inflict judgment on those who do evil.

5 Therefore one must be in subjection, not only to avoid God’s wrath but also for the sake of conscience.

Not only should we be submissive because of God’s authority to avoid punishment, we should do it because it’s the right thing to do.

6 For because of this you also pay taxes, for the authorities are ministers of God, attending to this very thing.
7 Pay to all what is owed to them: taxes to whom taxes are owed, revenue to whom revenue is owed, respect to whom respect is owed, honor to whom honor is owed.

Taxes should be paid, even to evil governments. We should pay, respect, and honor those in authority over us.
Paul also says in 1 Timothy that we should pray for our rulers:

1. First of all, then, I urge that supplications, prayers, intercessions, and thanksgivings be made for all people,
2 for kings and all who are in high positions, that we may lead a peaceful and quiet life, godly and dignified in every way.
3 This is good, and it is pleasing in the sight of God our Savior,
4 who desires all people to be saved and to come to the knowledge of the truth.
5 For there is one God, and there is one mediator between God and men, the man Christ Jesus,
6 who gave himself as a ransom for all, which is the testimony given at the proper time.
7 For this I was appointed a preacher and an apostle (I am telling the truth, I am not lying), a teacher of the Gentiles in faith and truth.
8 I desire then that in every place the men should pray, lifting holy hands without anger or quarreling;

So what should your action be when Obama becomes president?

ESV – Less restrictive than NASB


Being an NASB fan (but still using KJV on my computers and mobile devices because of the copyright issues) I’m excited to see that the ESV’s copyright is much less restrictive.

I use an iPhone, Blackberry, Windows, OSX, and Linux so it’s just not practical to purchase the NASB for each and every operating system. The ESV can be downloaded for free with programs like BibleDesktop, e-Sword, GnomeSword, etc. and the ESV has opened up an API for developers to access the ESV directly… resulting in webapps that are usable on mobile phones (the offical ESV Mobile website works great on BB, and iBibleSpace for the iPhone)

With fewer restrictions, an ESV Study Bible coming out later this year, and better covers Crossway Bibles is going to give the Lockman Foundation some serious competition.

Top Ten Greatest Comebacks of All Time: True

Last Sunday Doug Metzger (Minister of Single Adults at Immanuel) mentioned that Sports Illustrated ran an article listing Jesus Christ as the top in their list of top ten comebacks of all time. It’s true. The article is Bouncing Back Big-Time November 12, 2001 issue.  Here’s the issue with the article at Amazon.