The University of Billy

Economists have suggested that the Treasury Department mint a Trillion Dollar coin and give it to the Federal Reserve to put toward the national debt. This would avert the debt ceiling crisis and debate in congress. I say, if Treasure can legally do a trillion, why not a quadrillion? This would pay off all debts and make every American a millionaire!

In the first half of our country presidents and congress crafted legislation, made decisions, and led. Today that work is done by gigantic federal bureaucracies. I call it bureautic management. Ab Lincoln and Donald Trump are great examples of how it has changed. If you think Joe Biden is leading our country, then you are more out of it than he is.

There are a couple of steps to make the issue of taxes a simple and fair process that will bring more revenue to the government. It would eliminate the need for a giant IRS. It is progressive and the rich will joyfully pay more. The first step is to eliminate all current taxes for individuals and businesses. The second step is to apply a point of purchase tax on everything we buy, including Super Bowl bets and Wall Street transactions.

The debt ceiling crisis is like a football game. The game is over but the losing coach decides to negotiate a deal with the opposing team to make everyone feel better. The time to fight and play the game is before the President signs a spending bill into law. The House Ways and Means Committee, the ball then goes to the house floor, then senate floor, and finally to the president. Janet Yellen, Treasury Secretary, just needs to pay the bills.

Tennessee is considering a law to restrict drag queen shows. It’s meant to keep this stuff away from kids. An old picture has surfaced of Gov. Bill Lee dressed as a woman. Protecting kids from sexual perverts and other threats is the job of parents. Government bureaucratic management (GBM) should be a last resort on any issue.

The 1912 election was the most interesting election in our history. Teddy Roosevelt served as our 26th president and then hand-picked his successor, William Howard Taft who won the presidency in 1908. In the 1912 election Roosevelt ran the most successful third party campaign in history, but split the republican vote giving Woodrow Wilson the presidency with only 40% of the popular vote. This can be the scenario for Trump and DeSantis.

(https://uobilly.com/forget-todays-headlines-do-you-know-about-the-amazing-1912-presidential-election/)

Crude oil was over $100 a barrel when Russia invaded Georgia in 2008, annexed Crimea in 2014, and invaded Ukraine last year. Oil is the #1 source of revenue for Russia to fight a war. If Biden and the government bureaucrats would allow oil and fossil fuel production to increase by 25%, oil prices could fall to $50 a barrel. This could leave Vladimir Putin in the cold and unable to fund his military vision. This is the path to victory in Ukraine / Russian war.

James Gillespie Birney was born during black history month (February) 1792. He was a white man who deserves to be honored with African-Americans this month. He was a lawyer who early in life owned a cotton plantation with slaves. He eventually became the most vocal abolitionist who also believed in equal rights under the law for blacks, unheard of at that time. He died before seeing slaves freed and becoming equal with whites under the law.

I believe we are going to war with Russia. China will decide if it is to be WWIII. I’m not sure about the optics from Biden’s surprise visit to Ukraine. Our Pentagon is an embarrassment, especially after this latest fiasco with the Chinese spy balloon. Our unlimited support of Ukraine is going to drag our soldiers into this fight. Are we prepared for war? If diversity is truly what makes our military strong, then maybe.

John Dickerson wrote a book titled “The Hardest Job in the World”. No one is qualified to be president. Their stories are unique and amazing and should be taught to all American kids. None were corrupt or wanted the job to enrich themselves. They just wanted to make the country better. The only skill necessary is leadership in a crisis.