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Old 12-14-2011, 09:41 AM  
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"A society that puts equality ... ahead of freedom will end up with neither equality nor freedom."

--Milton Friedman (1912-2006)
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Old 12-14-2011, 09:42 AM  
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"A society that puts equality ... ahead of freedom will end up with neither equality nor freedom."

--Milton Friedman (1912-2006)
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Old 12-14-2011, 09:44 AM  
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"A society that puts equality ... ahead of freedom will end up with neither equality nor freedom."

--Milton Friedman (1912-2006)
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Old 12-17-2011, 08:37 AM  
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Lesson One and Lesson Two

Why the U.S.was downgraded:

•U.S. Tax revenue: $2,170,000,000,000

•Fed budget: $3,820,000,000,000

•New debt: $ 1,650,000,000,000

•National debt: $14,271,000,000,000

•Recent budget cuts: $ 38,500,000,000



Let's now remove 8 zeros and pretend it's a householdbudget:

•Annual family income: $21,700

•Money the family spent: $38,200

•New debt on the credit card: $16,500

•Outstanding balance on the credit card: $142,710

•Total budget cuts: $385

Got it?



OK now Lesson # 2:

Here's another way to look at the Debt Ceiling:

Let's say, you 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.

What do you think you should do?

Raise the Ceilings, or
Pump out the sewage
Your Choice is coming November 2012
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Old 12-17-2011, 01:58 PM  
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Superb Analysis

Quote:
Originally Posted by teaberryeagle View Post
Lesson One and Lesson Two

Why the U.S.was downgraded:

?U.S. Tax revenue: $2,170,000,000,000

?Fed budget: $3,820,000,000,000

?New debt: $ 1,650,000,000,000

?National debt: $14,271,000,000,000

?Recent budget cuts: $ 38,500,000,000



Let's now remove 8 zeros and pretend it's a householdbudget:

?Annual family income: $21,700

?Money the family spent: $38,200

?New debt on the credit card: $16,500

?Outstanding balance on the credit card: $142,710

?Total budget cuts: $385

Got it?



OK now Lesson # 2:

Here's another way to look at the Debt Ceiling:

Let's say, you 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.

What do you think you should do?

Raise the Ceilings, or
Pump out the sewage
Your Choice is coming November 2012
Superb analysis!
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Old 12-19-2011, 03:16 PM  
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http://lmaobama.com/
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Old 12-21-2011, 01:12 AM  
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Hahaha, thank you for letting me know that website exists, teaberryeagle!
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Discover Scentsy at Lucky Lucy Scentsy Products - an independent Scentsy consultant!


https://luckylucy.scentsy.us/Scentsy/Buy
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Old 12-21-2011, 07:44 AM  
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Quote:
Originally Posted by Jake7 View Post
Hahaha, thank you for letting me know that website exists, teaberryeagle!
Thought everyone would get a "kick" out of that one....a friend sent it to me...don't forget to add some of your own "gems of wisdom" to the site.....

http://lmaobama.com/

Quote:
CAPTION THESE OBAMA PHOTOS

Here's your opportunity to sell yourself as a replacement
for all those overpaid lazy-ass comedy writers who are too
strung out on King Hussein's Kool-Aid to come up with something funny.
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Old 12-21-2011, 09:42 AM  
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psalm 109.8
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Old 01-06-2012, 09:01 AM  
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New Word "coined"............. (from an e-mail, of course!)

Quote:
Ineptocracy (in-ep-toc'-ra-cy)

Could not find it in my old Webster's.
Googled it and discovered it is a recently "coined" new word.
Getting really close to the bone!
Read this one over slowly and absorb the facts that totally
are within this sentence!

I love this word . Finally, a word recently coined to describe our current political situation.

Ineptocracy (in-ep-toc'-ra-cy) -
a system of government where the least capable to lead are elected
by the least capable of producing,
and where the members of society least likely to sustain themselves
or succeed, are rewarded with goods and services paid for by the
confiscated wealth of a diminishing number of producers.
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