Craig Cates Believes in Cash Crapin' Unicorns

Federal and State Money for Channel Widening Study Doesn't Cost the Taxpayer Nuttin' Honey

- Naked Conch - Posted by Matt Gardi -  October 7, 2012

Recent public debate regarding the costly study to widen the harbor channel leading into Key West has stirred up many lines of reasoning.  Barely visible in the proponents' silty cloud of verbal discharge was this turd articulated by Key West Mayor Craig Cates.  (Someone should inspect the lock on his Y valve.)

According to an article in the Citizen (See  Here),  Cates stated, "I am in favor of doing the study if it doesn't cost the taxpayers any money," and "I don't see a down side if it doesn't cost us anything."
This caught my attention, because while the latest debate may relieve the City of Key West from contributing directly to the debacle, it calls for the State and Federal government to pony up the majority of the $3 MILLION cost of the study. 

As you can hear in this audio, Cates confirmed his sentiment on an appearance on US 1 radio a few days later.  This is a serious pet peeve of mine because generations of Americans have become accustomed to the fact that somehow money from the Feds, or the State is endless, and costs us nothing.  When local leaders re-affirm this concept it is no wonder that every American has become completely oblivious to the avalanche of debt that has swallowed our real economy, and has destroyed our Country.  

With over $16,000,000,000,000 in debt, outweighing our Gross Domestic Product, the debt has now become an inconceivable number that apparently most Americans, including both Presidential Candidates along with Mayor Cates want to ignore.  When you pay more at the gas pump, or in the grocery store it is as a direct result of the fact that we are printing money to mask this ugly truth.  

Printing money devalues the US dollar, thereby making things more expensive.  Cates suggests that that doesn't cost you anything.  Folks, we are simply masking the ultimate hangover from our decades long spending binge with a strong bottle of new debt.  The world is crumbling around us as a direct result of nations having mortgaged their futures with unrealistic spending.  The riots we see on the streets of Greece and Spain are coming to street corner near you. 

The only explanation I can imagine as to why seemingly intelligent people want to ignore the reality of our debt hangover is that they must believe in cash crapping unicorns.  Otherwise, they would use simple math to figure out that the debt has reached an unsustainable amount.  Mayor Cates, money should not be squandered on such a useless study...just to give us information anyone with common sense already has.  Beyond that fact, there is no cash crapping unicorn anyway.  Federal and State money is not free...it comes with a price to pay...a very high price...the demise of our once great nation.