Alright, here we are facing another week, they seem to come and go fast these days. I started off yesterday with a gym trip (what’s new) and then ran Jag to inter-murals only to be met by Lori at the front door telling me to go right back and get him as they didn’t have inter-murals until Tuesday! Off I went back to school and then took off 45 minutes later with both boys in tow.<\/p>\n
I ran a few errands in the morning and then was on the computer working up pricing for various markets across the country. Prior to that of course, I had my Monday morning conference call.<\/p>\n
Meanwhile the good looking one was off to school to grade papers and then to Bed Bath and Beyond to return some things. We crossed paths finally around 3:30 pm for the first time since the morning.<\/p>\n
Now to the news of the day. This is where those of you that don’t enjoy my musings can tune out! I promise though, you might learn something and I’ll be gentle.<\/p>\n
First up, sometimes it’s easier to understand things when they are compared to things in our every day life. Check this out and see if you can relate,<\/p>\n
Lesson 1<\/p>\n
US Tax Revenue $2,170,000,000,000<\/p>\n
Fed Budget \u00c2\u00a0 \u00c2\u00a0 \u00c2\u00a0 \u00c2\u00a0 $3,820,000,000,000<\/p>\n
New Debt \u00c2\u00a0 \u00c2\u00a0 \u00c2\u00a0 \u00c2\u00a0 \u00c2\u00a0 $1,650,000,000,000<\/p>\n
National Debt \u00c2\u00a0 $14,271,000,000,000<\/p>\n
Recent Budget Cuts $38,500,000,000<\/p>\n
Let’s now remove 8 zeros and pretend it’s a household budget…<\/p>\n
Annual Family Income $21,700<\/p>\n
Money They Spent \u00c2\u00a0 \u00c2\u00a0 \u00c2\u00a0 \u00c2\u00a0$38,200<\/p>\n
New Debt on the Credit Card $16,500<\/p>\n
Outstanding Balance on the Credit Card $142,710<\/p>\n
Total Budget Cuts So Far $38,500<\/p>\n
Got It So Far?<\/p>\n
Lesson 2<\/p>\n
Here’s another way to look at the debt ceiling<\/p>\n
Let’s say, \u00c2\u00a0You come home from work and find there has been a sewer backup in your neighborhood…….. and your home has sewage all the way up to your ceilings………<\/p>\n
What do you think you should do,<\/p>\n
Raise the ceilings or remove the shit?<\/p>\n
Get it, I hope so as my kids are not going to be happy when they grow up and find out how much of their money we spent on crap that didn’t do a damn thing!<\/p>\n
So that pretty much sums it up. I could go on about the train wreck known as Obama Care but it’s doing more harm to itself than anyone could. I didn’t agree with the GOP trying to stop it as it’s so bad on its own, they should have just let it play out. Doesn’t look so good now no matter which side you’re on.<\/p>\n
In closing, sometimes I feel like I’m beating a dead horse (who comes up with these sayings? I mean who ever beat a dead horse…. and why?) but you’d better get ready for some changes in your life as things are going to get much worse before they’ll get better. Don’t believe me, still have your head in the sand? Don’t take my word for it, our own gov tells us were headed for a big correction and then there’s guys like Warren Buffet and others sounding alarm bells as well.<\/p>\n
There now, that wasn’t too bad was it? I thought the debt ceiling lesson was entertaining. Oh well, that’s it for the day, take care and God Bless.<\/p>\n","protected":false},"excerpt":{"rendered":"
Alright, here we are facing another week, they seem to come and go fast these days. I started off yesterday with a gym trip (what’s new) and then ran Jag to inter-murals only to be met by Lori at the … Continue reading