By Elmer Beauregard
I know this is a Global Warming blog and not a financial blog, but it is hard to ignore what's going on in the markets, so I in my ignorance am going to put in my 2 cents.
In the old Testament every seven years the Israelites would cancel their debts with each other. It was called the Sabbatic year or Sabbath year.

Deuteronomy 15:1-2, NIV
1. At the end of every seven years you must cancel debts. 2. This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD's time for canceling debts has been proclaimed.

Maybe we should do this as a country and just cancel all debts? Hit the reboot button so to speak. After we do this maybe we should get rid of the Fed, which got us into this jam in the first place. Have everybody divide by ten. Then go back to the U.S Mint making our money like the Constitution says.

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