Tuesday, May 25, 2010

Unsustainable Debt - Today's Soapbox Rant.

Brace yourself folks it is going to be a bumpy ride "AMERICA'S NATIONAL DEBTTOPS $13,000,000,000,000; DEBT PER TAXPAYER - $117,975;US DEBT TO GDP RATIO - 90.3%" Cloward and Piven and all the other communist pigs must be jumping for joy. Those of you on public pensions look out and taxpayers too. In the end only one will win and it is going to be messy until this is resolved.

Jim and I have been saying for over 7 years these pensions were going to bankrupt the States and boy did they just call us names and liars. Sadly Jim and I were right. It's a spending problem not a funding problem. If these people were not so damned greedy and they were fiscally responsible this whole mess would have never happened. This was all done without character and integrity, it was a bunch of foxes running the hen house. Ignorance just does not cut it in my book.

Quote of the Day - "I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty, or profusion and servitude. If we can prevent the government from wasting the labours of the people under the pretense of caring for them, they will be happy." T. Jefferson

Spelling errors, grammar errors, misuse of homonyms and typos are left an exercise for my readers.

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