The national debt stands at 12.6 trillion(plus interest)give or take.
The deficit for fiscal year 2010 is estimated to be just under $2,000,000,000,000 (yep, that's trillions, folks.
300,000,000 citizen plus corporations will take on this national debt, IN ADDITION to their own private debts.
If only the citizens took on this debt (plus interest) than we are all individually on the hook for some 6,666.00 (plus interest) so that if it was payable even in the next two to three years, something like 10,000 dollars per citizen, just for this years' deficit.
To Pay the entire debt, well multiply by 6 and you will get somewhere between 45 and 60 thousand dollars per citizen, depending upon how long you think it will take to pay off the debt with interest. $60,000.00 for every grandmother, grandfather, child, mother, father, brother and sister. Many of these citizens do not have an income, so the burden is really taken on by taxpaying citizens and corporations. This is in addition to all personal debts for autos, homes, student loans, credit cards, etc...
As a country, we are close to bankruptcy, both personally and collectively. Any way you look at it the math sucks.
Monday, March 29, 2010
Saturday, March 27, 2010
x to the power of infinity
let's pretend we're a corporation, say the United States of Getoveronya.
First, we'll pump up the constituents...um, people...with fairy tales of providence, righteousness, fairness and dreams fulfilled, a surreal sociological perspective.
Second, we'll play rope-a-dope. Pumped up with their inflated sense of selves, the consumers--I mean, the people--will borrow, up to the "outer limits" of reason. We'll charge an exorbitant amount of interest to the people. Our interest will be way less than that of the consumer--oops, i mean the citizens--seductively so, so that the government itself will be lured into borrowing until way beyond the limits of reason.
At the same time, we--The United States of Getoveronya--will borrow our money with interest from the Private Fed Reserve bank of Nowhere-in-Particular, in a currency that is valued out of thin air.
This floating value then allows us to "game" the system, for as one value rises one may make bets on its' rise, and as it falls, we can bet on its' fall. Now, when we can "make" the values rise or fall by sundry manipulations, well, now we have something!
Monetary gain.
That's the name of the game. Every corporation is forced to look only at the short term gain of its' stockholders. It owes nobody else anything, save what taxes can be siphoned off back to the government of Getoveronya. The community, the public good, the long-term consequences of such anti-social acts as dumping and scamming are a distant second to the quest for the almighty? dollar.
A Bubble is an deliberate act of men who are greedy, and tuned only to their own interests. When a Bubble bursts, it has already made the Bubble Blowers wildly rich, and those that it bursts upon, it impoverishes.
What's scary is that there are men who do this for fun, and for their own gain to the detriment of everyone else. It's a power game, played with ruthless precision, alarming avarice and sickening disregard for the future of all mankind--if not outright maliciousness towards it.
Getoveronya
Interesting how free speech is easily trampeled and subverted by mistruths, inuendoes and lies.
First, we'll pump up the constituents...um, people...with fairy tales of providence, righteousness, fairness and dreams fulfilled, a surreal sociological perspective.
Second, we'll play rope-a-dope. Pumped up with their inflated sense of selves, the consumers--I mean, the people--will borrow, up to the "outer limits" of reason. We'll charge an exorbitant amount of interest to the people. Our interest will be way less than that of the consumer--oops, i mean the citizens--seductively so, so that the government itself will be lured into borrowing until way beyond the limits of reason.
At the same time, we--The United States of Getoveronya--will borrow our money with interest from the Private Fed Reserve bank of Nowhere-in-Particular, in a currency that is valued out of thin air.
This floating value then allows us to "game" the system, for as one value rises one may make bets on its' rise, and as it falls, we can bet on its' fall. Now, when we can "make" the values rise or fall by sundry manipulations, well, now we have something!
Monetary gain.
That's the name of the game. Every corporation is forced to look only at the short term gain of its' stockholders. It owes nobody else anything, save what taxes can be siphoned off back to the government of Getoveronya. The community, the public good, the long-term consequences of such anti-social acts as dumping and scamming are a distant second to the quest for the almighty? dollar.
A Bubble is an deliberate act of men who are greedy, and tuned only to their own interests. When a Bubble bursts, it has already made the Bubble Blowers wildly rich, and those that it bursts upon, it impoverishes.
What's scary is that there are men who do this for fun, and for their own gain to the detriment of everyone else. It's a power game, played with ruthless precision, alarming avarice and sickening disregard for the future of all mankind--if not outright maliciousness towards it.
Getoveronya
Interesting how free speech is easily trampeled and subverted by mistruths, inuendoes and lies.
Monday, March 15, 2010
How many drummers does it take
a trickle becomes a river, a drip becomes a deluge... al jones
tipping point
suppose you(earth) are floating through the solar system in an ever tightening ballet spin...
your rotation is quicker, your profile slighter....
is the crust not stressed, and fatigued?
earthquakes ensue...
tsunamis...
volcanoes ...
tipping point
suppose you(earth) are floating through the solar system in an ever tightening ballet spin...
your rotation is quicker, your profile slighter....
is the crust not stressed, and fatigued?
earthquakes ensue...
tsunamis...
volcanoes ...
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