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Friday, April 29, 2011

Wednesday, April 27, 2011

Visions

I see you sometimes as you were
laughing, not crying.
walking, not lying.
doing, not trying.
living, not dying.

I see you mostly as you are
sitting, not walking.
quiet, not talking.
with death stalking.

But,
I see you sometimes as you were.

Thursday, April 14, 2011

Remembering "Memories"

I was just reading some of my posts from the beginnings of this thing over three and a half years ago. Wow! Here is one that is definitely different from the latest I have done.

http://justsomeposts.blogspot.com/2008/01/memories.html

Check it out. I am not all politics and such.

Friday, April 8, 2011

I didn't do it!

I cannot let this continue without a comment. The idiocy that is coming from Washington and the media about this "Government Shutdown" and the budget is ridiculous! Here are some facts:

1) the Congress (specifically the House of Representatives) is required by law to submit a proposed budget for the upcoming fiscal year by April of the current year. The key here is "required by law". The Democrats were in charge of the congress for all of 2010. The current fiscal year (2011) started October 1st (don't ask me why, but the Federal fiscal years all run from Oct 1st through Sept 30th). The House (CONTROLLED BY DEMOCRATS) did NOT submit a suggested budget. Neither the Senate nor the President (both CONTROLLED BY DEMOCRATS) asked them to do so.

2) in JUNE of 2010 Nancy Pelosi's (the Speaker of House at the time) Chief of Staff said not only had they not submitted a budget, but did not plan to do so (even though it is REQUIRED BY LAW!). When the new year came around, the Democratically controlled Congress passed the first continuing resolution to keep to keep the government running.

3) the House, CONTROLLED BY DEMOCRATS, in 2010 - passed FOUR continuing resolutions to keep the government going rather than present a budget. The fourth expired in March of this year and the Republican led congress passed another. Since then the House has passed two more.

4) the Republican led House has submitted a proposed budget for FY 2012 - AS REQUIRED BY LAW already.

To blame Republicans for this is idiotic. Are they complicit, YES. They have played along since they took over control of the House in January. However, if you read the above timeline, we are in this mess due to the Democrats not doing their jobs as required by law! The budget should have been in place months before the Republicans took office.

Sunday, April 3, 2011

Spending and Spending

I almost hate to do this one for fear of running off people that don't want serious posts, or get bored with the same subject; but I feel I have to.

My last post went into the problem we have in this country with finances, specifically government finances. There are way too many people in this country that believe the government can just spend money whenever and on whatever they want (including a lot of politicians!). I won't redo that post. If you care, you can go look yourself.

This post however is going to be similar. I am gravely concerned about our national debt. Mostly because the spending/budgeting by the government seems to be ignoring it. The U.S. national debt now stands at over 14 TRILLION dollars! 14 Trillion! Our GDP (gross domestic product - the combined value of all goods and services of an economy) is about 14 Trillion dollars. So, the U.S. owes as much as it produces. Now this is not as much as is earns - but produces. Compare this to an individual that owes $50,000 in debt and has a $50,000 a year job. The U.S. government position is like the individual above - but his/her debt equalling what they produce and consume as well as salary. So, to equal the government's position on debt the individual above might owe $250,000 against a $50,000 salary. Now that in itself is not the end of the world. In fact, it is common when you include mortgages. But, what if that individual was adding debt each year to the tune of an additional $12,000? The debt the U.S. government adds each year is greater than what is paid back, by a long shot.

More perspective. (these numbers are rounded for comparisons, but accurate for illustrative purposes) If you take the GDP of every country in the world and take out the top ten - the U.S. national debt would exceed the rest of the world's GDP! Here is the scary part. For the past two years and in the budget on place today, the U.S. is adding national debt at the rate of over 1.5 trillion dollars a year! That is more than the national debt of countries like Belgium or Switzerland a year we are adding! This cannot stand!

I have told you over and over again - THERE IS NO GOVERNMENT MONEY! The only places a government can get money is taxes and tariffs, borrowing it, or printing it. All three have problems. Printing it just means what is out there is worth less and less. So, to print your way out of a financial crisis is impossible. The dollars you are printing become worth less than you need, so you print more. They are worth less, so you need to print more. This is obviously not an  answer. What about borrowing it? Well, this is fine except you have to pay it back. If you are broke, you cannot pay it back. So, you end up borrowing more to pay back the original. This is like using a new credit card to pay off an old one. Not sustainable.

Now the one that gets used a lot - taxes ( and tariffs - essentially a tax on certain goods). Taxing your way out of a financial problem cannot work because you are taking money from those that are producing. Everyone understands you cannot get money from those that do not have it. So, additional taxes are going to have to come from those that do. Those that have money are also the ones that fund banks, corporations, and companies. These are where the jobs come from. If you take that money out of the system just to pay government debt the economy will cease to produce. Taxes then go down. Producers of wealth and money stop producing as much. Taxes go down. Taxing your way out of a financial mess is impossible in the long term.

We have to get a handle on spending at every government level. That will mean a lot of government services will have to be cut back or eliminated. However, if we don't ALL government services will be cut back or eliminated. The government will be bankrupt. Call your Senator and Congressman and tell them to vote for spending cuts and tax reform. We will all be better for it.

I just read this and decided I made a BIG error. I failed to mention one of the scariest aspects of the finances of the U.S. government debt - the unfunded debt related to Medicare/Medicaid and Social Security. It is now over 100 TRILLION!! ONE HUNDRED TRILLION PEOPLE!! That is as of NOW. The amount is going up every day. If you don't beleive we need to have Social Security reform as well as reform the funding of Medicare/Medicaid you are crazy. There is NO OTHER CHOICE!!