SPDR S&P 500 (SPY)

[JohnSamuel]

Here is my solution to fixing the U.S. debt crisis, currently at over $18 Trillion:

1. The way to solve the debt crisis is to cut every govt. departments budget by 10% across the board. NO exceptions. Any bureaucrat that does not like it is fired. The next year, you cut the budgets by 10% across the board again..... rinse and repeat.

2. Anyone that does not accept it has the right to find a job in the private sector where they will be fired the first week when their new bosses find out what a waste of space they are.

3. Every current govt. employee that has been caught viewing porn at work is immediately fired. NO exceptions.

4. Every current govt. employee that owes any back taxes is fired, fined, bank accounts seized, and prosecuted to the full extent of the law. NO exceptions.

5. Points 3 and 4 above will take care of another 10% of govt. employees, so now we are ahead of schedule.

6. Once all the above has been put in place then cut off all the deadbeats from the govt. dole and we still have a chance to save the country.