A True Inconvenient Truth

@gewcew23 (8007)
United States
May 13, 2009 3:45pm CST
America needs a reality check and no I am not speaking of Al's convenient lie, I am talking about finances. Currently the Federal government will borrow 50 cents of every dollar it spends this year. Basic math reveals the trap. In one year, the debt will equal to all of next year’s revenue. In two years, the debt will equal 200% of annual revenues. In 10 years, the debts will equal 1,000% of your annual receipts. Let us say the interest on that debt is only 5%, the interest alone takes up half of your revenues. Then what?
5 people like this
7 responses
@PrarieStyle (2486)
• United States
14 May 09
We are going to have to march peacefully on Washington and take OUR country back that's all there is to it. Hopefully it's not going to take much longer before Americans get up off their couches, make signs and head for he Hill. When we decide to take our country back and start being active citizens like we should be, than we can solve the problems so we don't even have to get to the "then what" point. Nancy Pelosi is deep stuff now. She opened a new huge can of worms today. She's pushing for this "truth committee" and her own lies are going to bring her down.
2 people like this
• United States
14 May 09
No and no. She's going down though, shes a female Blogo with real hair. "Your sin will find you out". There are a lot of people praying for this country right now. God knows, God hears our prayers. We are about the last free nation left on the face of the Earth. Surly God is on the side of those who cherish freedom. Corruption is being exposed from all sides of this new administration of "change". It's exciting and frustrating waiting for it to all blow out in the open though. Pelosi is such a phony, delusional example of what our first woman speaker of the house should represent, it makes me ill just thinking about it.
2 people like this
• United States
14 May 09
If there were any honest people in the Senate, they could do this: http://www.corzine.senate.gov/artandhistory/history/common/briefing/Expulsion_Censure.htm But I know that's a slim chance in a fat world. I hope the good Lord will help us survive until the next election where we can vote to save ourselves and our country.
1 person likes this
• United States
14 May 09
Can Pelousy be impeached? Or at least fired (out of a cannon)?
1 person likes this
@suspenseful (40193)
• Canada
13 May 09
I remember when Carter was president and he was a spend spend spend just like Obama. Then America got Reagan, and he lowered the taxes and things went up. Remember all those 80s movies how everyone looked well fed? Then this campaign went on as how the 80s were a time of greed, and we got the 90s and it was back to the same old stuff. I can see a lot of Americans going broke and losing their homes. Maybe America should return to the gold standard or better yet get rid of the notion that there is a money tree in the White House where you can pluck money off.
2 people like this
@Destiny007 (5805)
• United States
15 May 09
Then the economy collapses, Capitalism is blamed, the dollar is demonetized, and we go to full blown socialism... which is what the democrats, 0bozo, and Soros are wanting. This is a deliberately orchestrated agenda aimed at destroying America and everything we stand for.
1 person likes this
@gewcew23 (8007)
• United States
16 May 09
Destiny, Have you heard that Obama believes that we cannot continue to spend the way we have been spending. What a concept?
• United States
16 May 09
You mean like this article says?... http://wnd.com/index.php?fa=PAGE.view&pageId=98210 Check this one out as well... http://www.forbes.com/2009/05/14/taxes-social-security-opinions-columnists-medicare.html
1 person likes this
• United States
14 May 09
And yet the pied piper's blind mice continue to act as if he's the greatest thing to happen to America, even as he hastens it's complete and utter destruction. I guess they don't realize that once America is completely broken and has no ability to borrow any more money, they will not get their handouts any more. I just read somewhere that even the illegals got a whiff of the change that's coming and are no longer flooding into our country in such large numbers as before and are even trying to go home (but Mexico doesn't want them because it would be a drain on THEIR system)!
1 person likes this
• Canada
14 May 09
Come to canada.
1 person likes this
@arkansos (545)
• India
14 May 09
Come to india
1 person likes this
• United States
14 May 09
Go to California.
1 person likes this
@TLChimes (4822)
• United States
15 May 09
California- about to break off and fall into the ocean... not to mention being run by an actor.
1 person likes this
@faithtao (13)
• China
14 May 09
america s economy so serious
1 person likes this
@KrauseHome (36448)
• United States
14 May 09
Personally I have heard some of the latest statistics and I really think it is time that the Government quit bailing out all of the Big Companies, and help the real people that need it. But yet at the same time they need to monitor even those people to make sure they are helping who really needs it the most. Too many times the problems they are seeming to cause is because they are not thinking like they should about things, and one of these days no one will really know where to turn and we will see a total melt down for sure.
1 person likes this