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May 26, 2025 48 mins

Hello, I’m Jerry Rhoads.

If you're like me, you've worked hard your whole life. Youpay your taxes. You follow the rules. But when it comes to how this country is run—you don’t have a real say. It’s 100 Senators, 435 House of Representatives, 9 Supreme Court Justices and 1 President that make all the rules, decide how to spend our resources and make us pay taxes to avoid their axes.  We are now faced with “Failing Government Taketh Away”, another expose’ I’ve written on government’sfailed budgetary system of colossal dimensions.

 Why would we expect them to solve the problems of too much debt and deficit spending since they caused the problem of imminent bankruptcy due to losing our hegemony trade and consumer position in the world ofwarlords, dictators and monarchs. That either copied or stole our innovations and form of freedoms guaranteed by our constitution and American Dream. 

 By leadership who shifted wealth from the Western Hemisphere to the Eastern Hemisphere, most of Europe and Great Britain after the second World War, exchanging our innovations, wealth and collateral for cheaper laborand products. To countries that reversed engineered the products and sell them back to us plus shipping and distribution costs. None of these leaders wereschooled or experienced in global trade operations or peaceful coexistence diplomacy.

 While the unionization of our free enterprise system thatwas the wonder of the rest of the communist and fascist world, drove our economy’s costs so high that enabled a trade imbalance that allowed the Chinese Cartel to take over the rest of the worldwide markets. Leaving America as theonly free market consumer enterprise in the world that has now been employed by the Chinese Cartel production, pricing and use of our American distribution system of wholesalers and retailers to buy cheaper products, plus shipping from thousands of miles away… a strategic error in competing and not modernizing our sharing with our human capital to Keep America Great. 

 That’s why I wrote The American Enterprise ManifestoTrilogy (Volume One how did this happen, Volume Two how to avoid bankruptcy and Volume Three who will fix our insolvent and failed banking, taxation and entrepreneurship society). 

 This isn’t just another political book. It’s a blueprint for taking back control from a bloated government that’s forgotten who it serves. It’s the power of the swing vote as our Congress is gridlocked and our two-party system is at fault by vying for control of our personal freedoms, our insecure borders and corrupt electoral voting system.

 Allowing incumbents to be reelected 92% of the timeregardless of our losing our number one position in the world of trade while wasting a trillion per year on the war machine and $2 trillion interest on US Treasuries, interest backed debt instruments, owned by our exporters. Creating stagnation with negative trade policies of tariffs, duties, sanctions,embargoes causing inflation, and GDP calculations adding back deficit spending as a productive item and borrowing as a legitimate receipt in our antiquated budgetary system. 

 America is no longer the United States, with no GAAP set ofbooks using accrual accountability to hold the 2,400 agencies and 18,000 departments to making profits, enforcing quality of life and products that create cash flow and guarantee America can redeem its long-term redemption dates, many discounted bonds, as Treasury debt instruments, with an inverted yield rate, on time.

 We’re told the deficit is manageable. But when you add in governmentpension debt and unpaid interest, Social Security and Medicare and Medicaid obligations,plus 13 unfunded entitlements with no budgetary set-a-sides from profits forfuture GAAP principles ... The truth is—we owe over $123 trillionFederal and $100 trillion State and Local debt generated by deficit spendingsince World War Two.

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