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Showing posts with the label budget

Money and Taxes - or We are BROKE!

The current administration is being labeled with many names. Most of these are due to two of the major activities being carried out (or that are being tried to be carried out!) - dealing with and deporting illegal aliens and government spending. I will leave the former for later after just saying that having a country where anyone can show up and get similar (or better?) benefits than long-standing citizens, there is a serious issue. Starting out by breaking the law is no way to start a relationship. But, enough of that subject. On spending. Since reading details does not seem to be what a lot of folks do these days I will break it down to the heading of this post - WE ARE BROKE! I am going to offer many facts and figures to document this, but if you don't read any further, remember that fact.  I have not given my list of absolutes in a while, as I do not post nearly as much. I have been writing books for the last seven years and that takes time that I would have spent writing here...

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 a...