First we need some humor for a very un-funny subject, so please enjoy this video.
Now unfortunately, it’s time for the cold, hard truth. This is short and sweet and I give credit to one of my favorite websites, Miles Franklin and its excellent daily newsletter. This particular tidbit is from Jim Sinclair.
The Fiscal Cliff in perspective
Lesson # 1:
- 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 household budget:
- 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 So Far: $38.50
Let’s face facts folks, the current political system is broken. We won’t live long enough to see it change. What about a whole new way of doing things? Check these out:
http://youtu.be/s02SypCcYIc (This is long, but it is profound, so plan to watch it when you have time)
Aloha, Mikie ~just a blogger (fightin’ like a girl)