Who Captains the Failing Great Ship American Enterprise

Jerry L. Rhoads
5 min readFeb 15, 2021
A book by Jerry Rhoads regarding our failing government and how it takes away freedoms with 40,000 laws nationally per year without regard for the cost of absolving issues not solving problems.

Who Captains the American Ship Enterprise (100 Senators, 435 Congressmen, 9 Supreme Court Justices, 1 President) 90% attorneys with no business background! Known as the Gang of 545 with 50 State Gangster's.

Why would we reelect the two parties that got us into this bankrupt position? If so why don’t we hold them accountable?

Why would we believe that the red and the blue parties act in our best interests? If so why are they not able to agree on anything?

Why would we choose to bank our future on the past faults of the establishment? If so why continue with a broken two party system?

Why wouldn’t we find someone that represents enterprising Americans? We need an effective third party representing the majority of hard working, patriotic Americans.

Why wouldn’t we vote for enterprising officials? Because there is no platform until The American Enterprise Party becomes the swing vote.

Our two-party establishment leaders have knowingly let Congress cook the books, by accelerating tax collections and deferring payments, then borrowing the difference. This is the definition of insolvency then bankruptcy. In free market enterprise this usually requires a Chapter 11plan of reorganization if the enterprise is to survive. Then, if we don’t raise some equity capital from the wealthy stakeholders or generate a surplus, we are destined to liquidate our natural resources to our creditors. How do I know Chapter 11 (10 for governments); like most entrepreneurs I’ve been that route and thrived again by quasi-reorganization despite perceived failure.

Currently, the USA has negative net worth, negative working capital, inability to cover debt service out of net income, and is deferring trillions in liabilities to the future. Both parties have knowingly let Congress cook the books, accelerating tax collections and deferring payments, then borrowing the difference. This is the definition of insolvency then bankruptcy. In free market enterprise this usually requires a Chapter 11plan of reorganization if the organization is to survive.

To do this, we must be proactive and also move past the wavering independents, the Green Party, the Tea Party, the Constitution Party, the Libertarian Party, the Socialist Party, founded on economic control and become the swing vote in the Senate and House as the Enterprise party. If the red and blue parties want to dwell on issues, not problems, and detract and deflect by trying to reinterpret the constitution and cancel our culture we must vote purple for American Enterprise.

A quote by a professor of economics that is truly a visionary for the American enterprise movement. “On the right you have the pragmatics, the entrepreneurs, the constitutionalists, the right to lifers, on the left you have the elites from Yale and Harvard, the progressives, dreamers, intellectuals, theorists, legal gurus, right to choosers and in between you have those poor dumb, hard-working, enterprising middle class hoping for a chance at the pragmatic and illusive American Dream”. Also, he had never failed a single student before, but had once failed an entire class that insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer. The professor then said, “OK, we’ll have an experiment in this class on Captain Biden’s debt free college plan. All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A”

“After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little. The second test average was D! No one was happy. When the 3rd test rolled around, the average was an F! As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else. All failed, to their great surprise, and the professor told them that socialism would ultimately fail because when the reward is great, the effort to succeed is great but when government takes all the reward away, no one will try or want to succeed. Free college bedamned”.

As the late Adrian Rogers said, “you cannot multiply wealth by dividing it.”

Likewise the American Enterprise ship will flounder if our leaders aren’t adept at financial management and guiding it through warfare, welfare, web and media fare and threats to unseat us as the economic power in the World. Is that the purview of establishment Senators who are first attorneys rather than business manager?

Right now our enterprise ship captain is Joseph Biden a 47 year establishment Senator, Kamala Harris a career politician, Nancy Pelosi, Chuck Schumer, Bernie Sanders, Elizabeth Warren all lifers in the game of money-tics not enterprise. Will we be safe with the bureaucracy growing faster than the business with governance by philosophy rather then practical management of the Great American Enterprise, built by entrepreneurs not regulators.

Will build back bigger government be better or is the economics professor right you cannot multiply wealth by dividing it among those who don’t contribute effort to take advantage of opportunity that America promises. For the first lesson in financial failure by the establishment two parties go to the US debt clock app www.usdebtclock.org for a vision of a country on the verge of imploding and our nearest competitor China exploding.

Does it bother you that the 40 to 70 executive orders signed by our new captain and his crew will make the debt clock burst at the seams as a bankrupt economy and financial condition take decades to repair, if at all. As they say in sporting circles maybe we need a different quarterback and a GAAP generally accepted accounting system because we have been losing ground since Roosevelt who started us towards the progressive and socialistic nightmare rather than the American Dream pitched by all the Democrats and Republicans.

If the red and blue parties want to dwell on issues, not problems, and detract and deflect by trying to reinterpret the constitution, cancel our culture then let the white stars and stripes party (the dominant stripe in the flag, not the color of skin) move in front of the majority and lead America back in the black (not the color of skin, but being financially solvent). To do this, we must be proactive and move past the wavering independents, the Green Party, the Tea Party, the Constitution Party, the Libertarian Party, the Socialist Party, by being founded on economic and financial control and become the swing vote in the Senate and House as the American Enterprise party

Ninety percent of enterprising Americans aren’t represented economically. Go to the www.americanenterpriseppolicalparty.org to read about a real reorganization of America to avoid the fall of the Great American Enterprise.

I reiterate: It’s as simple as bringing capitalism and socialism together into an Enterprise party that brings them together in our successful business enterprises every day. It takes capital to start an enterprise and it takes human capital to make it work so we effectively, as a third-party, have found the secret to consensus between capitalism and socialism by downsizing government and upsizing enterprise.

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Jerry L. Rhoads

Retired CPA, health care consultant to the private sector. Developer of management software, licensed health care administrator and owner of nursing homes.