National debt inspires a patriotic corps of individual donors

Uncle Sam | 309 hits | Nov 27 2:42 pm | Posted by: DanSC

The federal Bureau of Public Debt was set up 50 years ago to accept donations to pay down the national debt. While Congress wrestles with the problem, many people are quietly sending in money.

Comments

by Strutz
Mon Nov 28, 2011 1:38 am
Wow. I honestly had no idea that so many people contribute towards the American debt... by donation too.
by jeff744
Mon Nov 28, 2011 2:23 am
Find the donors and put them in charge, maybe something will actually get done.
by QBall
Mon Nov 28, 2011 3:49 pm
What a silly program. You don't cure a heroin addict's addiction by giving them more heroin. You should be legitimately trying to keep as much money away from the government as possible. The government is the worst person in the world to be spending your money. Giving them more only encourages them.
by BartSimpson
Mon Nov 28, 2011 4:15 pm
"QBall" said
What a silly program. You don't cure a heroin addict's addiction by giving them more heroin. You should be legitimately trying to keep as much money away from the government as possible. The government is the worst person in the world to be spending your money. Giving them more only encourages them.

This.
by DanSC
Tue Nov 29, 2011 3:32 am
"QBall" said
What a silly program. You don't cure a heroin addict's addiction by giving them more heroin. You should be legitimately trying to keep as much money away from the government as possible. The government is the worst person in the world to be spending your money. Giving them more only encourages them.

True, but when a heroin addict quits cold turkey, the process isn't pretty; at least not as pretty as with a program. That's fine if it's just one person, but if it's an entire society, not so much. I'm a deficit hawk, but I realize that paying of the debt would be a multi-generational process.

Besides, politicians receive way more money in campaign donations than this program could ever hope to raise; money politicians actually care about. That's where you should cut the funds.