15 January, 2009

Something Tells Me We Are In Real Trouble

As you all know, we are living in a time when CEO's are running huge corporations into the ground, only to have the Government bail them out by throwing billions of dollars at them which in turn results in that CEO receiving a multi-million dollar bonus. Does anyone else see a problem here? Our government today is spending trillions of dollars with less thought than I give to spending a twenty dollar bill. Personally, I think most of these politicians in Washington realize that these bills are going to come due, but that they will be gone by then and it will be someone else's worry. It is a fact, they are spending our kids and their kids into a financial prison. Something has to give. It has to stop, because the debt that our country is amassing is enslaving our our nation to China. Say it with me one trillion dollars. One T-R-I-L-L-I-O-N dollars. That's $1,000,000,000,000. That's 12 zeros past the decimal point, or if it helps to put it into perspective, it is a million million dollars.
I read somewhere that if you laid one dollar bills end to end that you could make a chain that stretches to the moon and back 200 times before you ran out of dollar bills. Or try this one. It would take a military jet flying at the speed of sound, rolling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.

Are you getting the picture?

Now get this: our National Debt is now over 10 Trillion dollars. Let that sink in a minute. With the current populaton of the United States, it means that each of us owes $34,765.86 (see the National Debt clock at http://www.brillig.com/debt_clock/
) And that number is growing every hour.

OK... so where am I going with all this? I simply want to point out a simple fact that is staring us all in the face. We will have a new President next week; one who ran on a campaign pledge to bring "change" to America. I'm not prepared to judge his Presidential tenure just yet; let's give him a chance. In fact, I pray for and wish him great success and hope he goes down in history as one of the greatest Presidents ever. That said, I'd have you to notice one glaring fact about Obama that scares me and shakes me to the core. What is it? This dude likes to spend money... lots of it!
Remember his Presidential campaign? He spent more on this campaign than any Presidential campaign has ever spent before; over $500,000,000. Remember the extravagance of the DNC the night of Obama's acceptance speech? How about his Inauguration? It is being reported that the cost of his Inauguration will top $150 Million, and could be much more if it snows. Now let's put this is perspective. The media ripped George Bush to shreds because of his so called "heartless" and "irresponsible" extravagance when $42 Million was spent at his inaugaration. So, let's put this in perspective. In 2005, when our nations economy was booming, Bush is heartless and irresponsible for spending $42.3 Million, but in 2009 when our nations economy is in the crapper, Obama has no problem spending nearly three times that amount, and no one seems to mind? Again... what is wrong with this picture?
People are willing to follow Barack Obama blindly and it seems he can do no wrong!
His campaign pledges to stop the wreckless spending have already been tossed aside as he is now talking about how the nation will have to increase spending to turn the nation around.

Hello? America... are you listening? Are you paying attention? Obama ridiculed Bush for spendigng America into deeper debt, but once elected and before he has even sworn into office, he has reversed his retoric and he is talking increased spending. CBS news reported that his proposals will mean an increase in spending of more than $280 Billion dollars in his first year in office... and this figure does not include the $350 Billion bailout that he is asking congress to approve.

Watch out America.... something tells me we are in for a wild ride, and I don't think it is going to be pretty. I wonder, who is going to bail out America?

4 comments:

Anonymous said...

You should check your sources more carefully. The 150 million number is including security measures. George Bush's number was not including security measures. If you were to include that it would cost over 140 million which was 4 years ago...inflation since then has skyrocketed. That and Obama had 2 millions people come to see him as opposed to a couple hundred thousand for Bush.

Plus, Obama was practically forced to spend as much money as he did in his campaign to overcome the negative perceptions some people tried to portray such as him being Muslim, emphasizing his middle name to drive that point home, calling him an elitist (haha, with one house) and two cars and just breaking the 7 figure income mark in the last few years.

If anybody is to blame for that excessive spending its the people that tried to divide us by making some think he was a sleeper out to get us.

Darrell said...

Would you mind giving me heads up to where you are getting this information, because what you are saying here contradicts what ALL of the news sources in America and around the world are reporting. Sorry, I but until I see this documented somewhere, I'm not buying it.

Darrell said...

Anonymous, I have checked my sources more carefully and I have found that I was wrong. The inauguration cost more than $170 Million. I also found that you were wrong, the price of Bush and Clinton's inaugurations price tags were in the $40-$43 Million range and these numbers DID include the security. In truth, you can add both of Clinton's inaugurations with both of W's inaugurations, and the combined totals for those 4 inaugurations do not match are just under the price tag for this week's festivities.

Anonymous said...

http://urbanlegends.about.com/od/barackobama/a/inauguration.htm