Donald Trump nonchalantly misses a $53 million interest payment for one of his casinos. The federal government is passing out trillions of non-existent dollars to an endless line of panhandling corporations, running up the federal debt well beyond the stratosphere (if you think any of that will ever be paid down I would love to sell you some beachfront property in Arizona). The feds can’t consistently run a balanced budget, much less a surplus. There are untold trillions of unfunded commitments to future Social In-security and Medicare ‘recipients’ just waiting to bust the budget. So what is our brilliant president-elect planning? Trillions of dollars for new federal programs all paid for by raising tax rates on the wealthy. And of course they will dutifully pay them. No, they won’t shift their income off-shore or into tax-deferred instruments. Of course not. That would be unpatriotic. Hehehe.
And with all of this going on, if Joe the Plumber misses one payment on his credit card they call out the National Guard to haul him in. Sauce for the goose, sauce for the gander? How is he supposed to look his children in the eye and explain why this will be a bleak Christmas? The feds are passing out money like candy. Dad, go get some for us! We average Joe’s are supposed to pay for all of these bailouts, keep our family budgets in balance and dare not delay, much less miss any payments. Don’t do what the feds do, do what they say. Don’t follow their lead. Duh, McFly, they’re not leading! They’re not following. They are floundering. How on Earth are we supposed to teach our children fiscal responsibility when our esteemed ‘public servants’ are completely reckless and irresponsible with our cumulative national milk money? In the corporate world they would all be hauled up on charges for gross negligence, mismanagement and embezzlement.
Can anyone, or everyone say Enron?
Tuesday, December 02, 2008
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