30 Nov 2011 @ 10:23 PM 

$15 tril­lion debt, and Con­gress on Prozac

 

Bill Vin­cent, Fort Worth Per­sonal Finance Exam­iner
Novem­ber 16, 2011


One of the incred­i­ble ben­e­fits of being in Con­gress MUST be a vir­tu­ally unlim­ited Prozac sup­ply. There can’t be any other expla­na­tion to the inac­tion on pub­lic debt.
Per­haps Con­gress views the pub­lic debt like many peo­ple view birth­days. A birth­day is a mile­stone, cer­tainly. But just another day. And so, it seems, is the atti­tude of the United States Con­gress, to what should be the earth-shattering news that the United States’ Government’s accu­mu­lated debt, also known as the “Pub­lic Debt”, just sur­passed $15 tril­lion. Yes, a huge mile­stone. But, for Con­gress, just another num­ber.
As of this writ­ing, the pub­lic debt stands at $15,037,781,593,007.03. And count­ing! That’s $15 BILLION, one thou­sand times! The def­i­nite ben­e­fits of proper use of Prozac aside, per­haps mem­bers of Con­gress are on enough psy­chotropic med­ica­tions to dull the sense of the sheer eco­nomic impact that $15 tril­lion in debt has on all Amer­i­cans. Either that, or their con­tin­ued spend­ing binge is a lethal and astound­ing com­bi­na­tion of inep­ti­tude, mis­man­age­ment, and almost psy­chotic lack of empa­thy for what this spend­ing is doing to the next 3 – 4 gen­er­a­tions of United States’ citizens.

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 01 Jun 2011 @ 8:19 PM 

 
Life, as we all know, is dif­fi­cult. Each twenty-four hours of every day is filled with uncer­tainty and a host of stress filled prob­lems of one kind or another. In fact, the demand for stress relief from life’s prob­lems is so large that it has spawned a mul­ti­tude of bil­lion dol­lar indus­tries. The books, arti­cles, and stud­ies that have been writ­ten on the sub­ject of human anx­i­ety are innu­mer­able going as far as cat­e­go­riz­ing and rank­ing our fears from the least to the great­est. Not sur­pris­ingly, what we find when we read these reports is that the great­est fears cen­ter mostly on money issues. Even above the fear of death is the fear of being with­out money or the lack of finan­cial secu­rity.  Ask the aver­age Amer­i­can to list his great­est fear and almost one hun­dred per­cent of the time the fear of impov­er­ish­ment tops the list.
These facts present a unique sit­u­a­tion for finan­cial pro­fess­sion­als.  Read more .….
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Posted By: Jennifer
Last Edit: 01 Jun 2011 @ 11:50 PM

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 24 May 2011 @ 11:26 AM 
Night of Clarity III
Dur­ing the term of his admin­is­tra­tion, Pres­i­dent Andrew Jack­son shut down the Cen­tral Bank and paid off the entire National Debt! These two heroic accom­plish­ments have never been dupli­cated, but prove it can be done! Come, Learn, and Be Inspired!
Join us in Nashville, Music City, U.S.A., July 22nd and 23rd for More »
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