Saturday, August 06, 2011

So... the WHAT NOW has Happened

So... the WHAT NOW has Happened

So, the last time I was in here, the question was, "What Now?"

The US government was just in the process of signing into law a bill to raise the debt ceiling to prevent a default disaster.

But after all the bickering, posturing, politicking and pouting, not nearly enough was done to satisfy investors and creditors around the world, and the USA lost their golden triple-A rating.
Going broke

C,mon, people!  If the average family ran their household the way the government runs theirs, EVERYBODY would be broke!  A friend sent this to me, yesterday, and this just about sums it up:

If the US Government was a family, they would be making $58,000 a year, they would be spending $75,000 a year, and they would be carrying $327,000 in credit card debt.  They would be currently proposing BIG spending cuts to reduce their spending to $72,000 a year.  These are actual proportions of the federal budget and debt, reduced to a level we can all understand.

OK, I don't think anybody needs grade 12 math to see what's wrong with that, yet around the world these same dumb clowns keep getting voted in to office!  So what's wrong with the voters?  That is, those people we all see when we look in the mirror?

Fellow Canadians, do you think it can't happen here?  ... in this country where the vast majority of our exports are to the USA, because it's always been so darn easy to sell everything there, rather than do a little legwork in order to diversify our markets?

Wherever you live, take a look at the size of your country's national debt and then tell me straight it can't happen here!

Maybe it's time for us to LISTEN to those crazy "Tea Party" types.  Maybe they DO know something, after all!

how to Survive 2012!  Do you know how?

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