The U.S. debt-to-GDP ratio is currently 134%. That is, we have a third more national debt than the entirety of all economic activity in the country for an entire year. And that ratio is growing at a rapid rate.

Just as a comparison, our current ratio is about the same as Greece had when it's lenders began to balk and demand deep cuts to Greek entitlements and government employment only two years ago. The Greeks did some of the initial cuts demanded, but the population began to balk (demonstrate, strike and riot) about a year ago, when the cuts caused dramatic increases in unemployment and a slowing of their economy to a near stop.

In 2011, guess who bought our debt? Our own Treasury department bought 60% of the bils and bonds that they issued! How'd they do that? The politicians called it "QE2". That's politician talk for printing money. That will ultimately cause dramatic inflation. It's inevitable. Not one single economist or politician will debate that!

There's another widespread agreement...the legislative and executive branches of our government aren't getting anything done. Our system of government is broken--pretty much just like Greece! (Other than Treasury, which is really good at speeding up the money-printing presses.)

So let's listen to how many of our politicians are talking about this as they campaign to be re-elected to those sweet jobs in Washington. The Democrats haven't passed a budget in three yesrs and the Republicans have said they'll block any fiscal legislation until after the election. That's five wasted months by my count. At a time when only one month after the election we're facing dramatic spending cuts and tax increases because the "super committee" failed. Politics, or doing something good and necessary for the country? Are you kidding? I'm sure the private mantra of the politicians is "...it's the election, stupid".

Sooner or later, the results are inevitable. Lenders forcing spending cuts which will be required with no time for any debate. And in the meantime, inflation will eat away at our incomes, our standard of living, and our economy. "Sooner or later"? Greece found out it was a whole lot sooner than later.

Am I preaching to the choir here?

Music, numbers, it's all the same. If you can't do them or read them...well, unfortunate things are likely to happen.