Our nation faces an unprecedented financial crisis. Every knowledgeable citizen understands that the fiscal path we are on is unsustainable. Indefinite continuation of the status quo is not an option. There are only two possibilities: reform and collapse.
The massive federal debt that is now being incurred represents an existential threat to America’s future. In a best-case scenario, it will saddle our children with financial obligations that will cripple their ability to prosper over the remainder of this century.
What to do? Federal spending must be gotten under control, obviously. The problem is ultimately a political one. Approximately one-third of Americans understand the threat posed by the federal debt crisis, and are prepared to act to meet it. Another one-third may or may not understand the threat, but either have skin in the game–i.e., their personal financial interests in government spending outweigh concern about the national welfare–or are so blinded by ideology that they are hopeless cases.
That leaves the critical one-third, many of them young, who for whatever reason do not yet understand the threat that federal spending and debt pose to them and to the country. Data have been collected; charts and graphs have been prepared; op-eds have been written. But many millions of Americans have not yet been reached or persuaded by these sober economic analyses. We need a marketing campaign: a sustained effort to use the tools of modern communication to reach and educate every American, and to mobilize popular opinion to demand reform from the politicians in Washington.
Toward that end, we are proud to announce the Power Line Prize. Power Line, in conjunction with the Freedom Club, is offering a grand prize of $100,000.00 to whoever can most effectively and creatively dramatize the seriousness of the federal debt crisis. Any medium of communication is eligible: video, song, screenplay, television commercial, painting, Power Point, essay, performance art, or anything else. The runner-up will receive a $15,000.00 prize, and two third-place finishers will receive $5,000.00 each. Entries must be submitted by midnight on July 15, 2011. Judges’ decisions are final. All submissions become the property of Power Line and the Freedom Club. Entries must be original and unique to the Power Line Prize competition; i.e., they must not have been published or made public in any form prior to the time when contest winners are announced.
The contest web site is here. You can find much more information about the contest there, including complete contest rules. You can also get there by clicking on this graphic:
We will have much more to say about the Power LIne Prize over the weeks to come. In the meantime, if you are a creative sort, this is your chance to make a difference on the most critical issue of our time.