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Axe grinding is very helpful when you need to chop down a tree and don't have a chainsaw...Anyhow, there's a small chart on this page that shows the amounts owed to various other countries by the US:http://www.leap2020.eu/GEAB-N-29-is-available!-Phase-IV-of-the-Global-Systemic-crisis-Breakdown-of-the-Global-Monetary-System-by-summer-2009_a2435.htmlI think most people have a difficult time understanding what's meant by the "tax and spend" or "borrow and blow" policies, as though it's too abstract to get one's arms around. I'll risk getting pounced on and take a stab at it: My grandmother (...and she was a great one!) ...only worked gainfully for about three days during WWII peeling tomatoes before she was let go because she wasn't going fast enough (trying to do too good of a job on each tomato). In her later life (late 70s and 80s), she probably went through over $300,000 worth of Medicare and Social Security benefits paid out. That's a heckuva' return on extremely little investment.This same scenario has played out many millions of times. It's like every time that we invent a newer and more expensive medical procedure to lengthen a life by another few months, everyone's entitled to it regardless of whether they've personally paid enough taxes to cover it or not. We're just breaking the bank, that's all. That's just one, count 'em... one (1), way that we spend too much money paid out in benefits.Where we all get into real trouble is trying to decide where to cut spending. Everyone's just so damn sure that THOSE OTHER RAT B*STARDS ON THE OTHER SIDE OF THE AISLE are stealing it. Sure they are... on both sides of the aisle. The fact that we're all basically stealing it from each other and our posterity is... unthinkable.
Axe grinding is very helpful when you need to chop down a tree and don't have a chainsaw...
Anyhow, there's a small chart on this page that shows the amounts owed to various other countries by the US:
http://www.leap2020.eu/GEAB-N-29-is-available!-Phase-IV-of-the-Global-Systemic-crisis-Breakdown-of-the-Global-Monetary-System-by-summer-2009_a2435.html
I think most people have a difficult time understanding what's meant by the "tax and spend" or "borrow and blow" policies, as though it's too abstract to get one's arms around. I'll risk getting pounced on and take a stab at it: My grandmother (...and she was a great one!) ...only worked gainfully for about three days during WWII peeling tomatoes before she was let go because she wasn't going fast enough (trying to do too good of a job on each tomato). In her later life (late 70s and 80s), she probably went through over $300,000 worth of Medicare and Social Security benefits paid out. That's a heckuva' return on extremely little investment.
This same scenario has played out many millions of times. It's like every time that we invent a newer and more expensive medical procedure to lengthen a life by another few months, everyone's entitled to it regardless of whether they've personally paid enough taxes to cover it or not. We're just breaking the bank, that's all. That's just one, count 'em... one (1), way that we spend too much money paid out in benefits.
Where we all get into real trouble is trying to decide where to cut spending. Everyone's just so damn sure that THOSE OTHER RAT B*STARDS ON THE OTHER SIDE OF THE AISLE are stealing it. Sure they are... on both sides of the aisle. The fact that we're all basically stealing it from each other and our posterity is... unthinkable.
