WHY is the USA BANKRUPT? Informative, and mind boggling! You think the war in Iraq was costing us too much? Read this:
We have been hammered with the propaganda that it was the Iraq war and the war on terror that is bankrupting us.
I now find that to be RIDICULOUS. I hope the following 10reasons are forwarded over and over again until they are read so many times that the reader gets sick of reading them. I also have included the URL's for verification of all the following facts...
1.$11 Billion to $22 billion is spent on welfare to illegal aliens each year by state governments.
The total cost is a whopping $ 338.3 BILLION DOLLARS A YEAR AND IF YOU'RE LIKE ME, HAVING TROUBLE UNDERSTANDING THIS AMOUNT OF MONEY; IT IS $338,300,000,000.00WHICH WOULD BE ENOUGH TO STIMULATE THE ECONOMY FOR THE CITIZENS OF THIS COUNTRY.
Are we THAT Stupid? YES, FOR LETTING THOSE IN THE U.S. CONGRESS GET AWAY WITH LETTING THIS HAPPEN YEAR AFTER YEAR!
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12:22 PM
PFF
System Bot
no2pencil Member
Posts: 1523 From: Fort Lauderdale, FL Registered: Oct 2009
The problem is that American's can't control their own spending. We're broke as individuals, not because of something the Government has done, but because we receive items that we have not paid for. We have not paid for them because we can't afford them.
American's are not brought up to learn self-control. We're brought up to think that we need an $80 per month data/cell phone plan, & $100+ per month cable & internet packages. We're taught that we need items we can't afford. Thus we think we're poor, because of false necessities.
Least that's my opinion as to why we are poor. I feel that we have no one to blame but ourselves. Our government doesn't spend our paycheck, we do.
[This message has been edited by no2pencil (edited 04-05-2012).]
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12:34 PM
avengador1 Member
Posts: 35467 From: Orlando, Florida Registered: Oct 2001
we are where we are now because of BIG LIEs told by the GOP about taxes
under clinton we were near balance most nut-con's here cryed that a tax cut was needed that is the direct root cause of the current imbalance undue the nut-con's excessive and unnecessary tax cuts for the rich and we get back near balance but nut-con dogma forbids that
so they want to create a depression instead of correcting their errors
[This message has been edited by ray b (edited 04-05-2012).]
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01:27 PM
Fiero STS Member
Posts: 2045 From: Wyoming, MN. usa Registered: Nov 2001
So if this were the problem why didn't the democrats fix it when they had control of the house, senate and presidency?
quote
[B]Originally posted by ray b:[/B
we are where we are now because of BIG LIEs told by the GOP about taxes
under clinton we were near balance most nut-con's here cryed that a tax cut was needed that is the direct root cause of the current imbalance undue the nut-con's excessive and unnecessary tax cuts for the rich and we get back near balance but nut-con dogma forbids that
so they want to create a depression instead of correcting their errors
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01:35 PM
2.5 Member
Posts: 43225 From: Southern MN Registered: May 2007
we are where we are now because of BIG LIEs told by the GOP about taxes
under clinton we were near balance most nut-con's here cryed that a tax cut was needed that is the direct root cause of the current imbalance undue the nut-con's excessive and unnecessary tax cuts for the rich and we get back near balance but nut-con dogma forbids that
so they want to create a depression instead of correcting their errors
Seems like that should be in your own thread, comments on the original post I would like to hear though.
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01:45 PM
spark1 Member
Posts: 11159 From: Benton County, OR Registered: Dec 2002
Just grant them ALL citizenship, and POOF, $300 Billion in savings!
Jeez, you guys are so stupid for not having seen this. It'd solve all our problems, right?
Right?
We want to live better by paying others less than we value our own time. If the illegals became citizens they might want to be paid like everyone else. Just imagine what that would do to the price of food and service. That's crazy talk.
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01:53 PM
cliffw Member
Posts: 35990 From: Bandera, Texas, USA Registered: Jun 2003
So how much of that 300 billion can we use to build a damn fence.....
I always get a giggle when someone says we cant build a fence all along the southern border, Rember private companys built a railroad clear across the country,over a century ago by hand!!! with no dozers,bobcats, skidders, trucks, highways or any other infrastructer....Ooo yes dont forget it was with mainly legal imgrants. well I got to go,work is a calling and someone has to pay for all these govt. bills
we are where we are now because of BIG LIEs told by the GOP about taxes
under clinton we were near balance most nut-con's here cryed that a tax cut was needed that is the direct root cause of the current imbalance undue the nut-con's excessive and unnecessary tax cuts for the rich and we get back near balance but nut-con dogma forbids that
so they want to create a depression instead of correcting their errors
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03:49 AM
rogergarrison Member
Posts: 49601 From: A Western Caribbean Island/ Columbus, Ohio Registered: Apr 99
Its Obamas government now. His term is almost up and hes still blaming previous presidents. He said he would fix it. Dumb azzes bought it. We all just misunderstood...he did fix our azzes good.
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08:31 AM
Formula88 Member
Posts: 53788 From: Raleigh NC Registered: Jan 2001
Originally posted by avengador1: An email I received.
Again?
"$338.3 BILLION DOLLARS..."
You think so? A few hundred billion won't fix this Govmnt mess. 338+ billion is pocket lint to people who are spending 10s-100s of Trillions of Dollars.
------------------ Dr. Ian Malcolm: Yeah, but your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should. (Jurassic Park)
For those that don't like emails. Actually there are many sites with articles on Government waste. Government Waste: 20 Of The Craziest Things That The U.S. Government Is Spending Money On http://theeconomiccollapseb...is-spending-money-on
quote
You are not going to believe some of the things that the U.S. government is spending money on. According to a shocking new report, U.S. taxpayer money is being spent to study World of Warcraft, to study how Americans find love on the Internet, and to study the behavior of male prostitutes in Vietnam. Not only that, but money from the federal government is also being used to renovate a pizzeria in Iowa and to help a library in Tennessee host video game parties. These are just some of the examples in a new report on government waste from Senator Tom Coburn entitled "Wastebook 2010". Even as tens of millions of American families find themselves suffering through the worst economic downturn in modern history, the U.S. government continues to spend money on some of the craziest and most frivolous things imaginable. Every single year articles are written and news stories are done about the horrific government waste that is taking place and yet every single year it just keeps getting worse. So just what in the world is going on here?
It almost seems as though Congress actually enjoys inventing new ways to waste U.S. taxpayer money. It seems nearly inconceivable that anyone could keep a straight face while trying to justify spending money on many of the things in the list below.
At a time when the U.S. national debt is closing in on 14 trillion dollars, government waste just seems more out of control than ever. The following are 20 of the craziest things that the U.S. government is spending money on....
#1 A total of $3 million has been granted to researchers at the University of California at Irvine so that they can play video games such as World of Warcraft. The goal of this "video game research" is reportedly to study how "emerging forms of communication, including multiplayer computer games and online virtual worlds such as World of Warcraft and Second Life can help organizations collaborate and compete more effectively in the global marketplace."
#2 The U.S. Department of Agriculture gave the University of New Hampshire $700,000 this year to study methane gas emissions from dairy cows.
#3 $615,000 was given to the University of California at Santa Cruz to digitize photos, T-shirts and concert tickets belonging to the Grateful Dead.
#4 A professor at Stanford University received $239,100 to study how Americans use the Internet to find love. So far one of the key findings of this "research" is that the Internet is a safer and more discreet way to find same-sex partners.
#5 The National Science Foundation spent $216,000 to study whether or not politicians "gain or lose support by taking ambiguous positions."
#6 The National Institutes of Health spent approximately $442,340 to study the behavior of male prostitutes in Vietnam.
#7 Approximately $1 million of U.S. taxpayer money was used to create poetry for the Little Rock, New Orleans, Milwaukee and Chicago zoos. The goal of the "poetry" is to help raise awareness on environmental issues.
#8 The U.S. Department of Veterans Affairs spent $175 million during 2010 to maintain hundreds of buildings that it does not even use. This includes a pink, octagonal monkey house in the city of Dayton, Ohio.
#9 $1.8 million of U.S. taxpayer dollars went for a "museum of neon signs" in Las Vegas, Nevada.
#10 $35 million was reportedly paid out by Medicare to 118 "phantom" medical clinics that never even existed. Apparently these "phantom" medical clinics were established by a network of criminal gangs as a way to defraud the U.S. government.
#11 The Conservation Commission of Monkton, Vermont got $150,000 from the federal government to construct a "critter crossing". Thanks to U.S. government money, the lives of "thousands" of migrating salamanders are now being saved.
#12 In California, one park received $440,000 in federal funds to perform "green energy upgrades" on a building that has not been used for a decade.
#13 $440,955 was spent this past year on an office for former Speaker of the House Dennis Hastert that he rarely even visits.
#14 One Tennessee library was given $5,000 in federal funds to host a series of video game parties.
#15 The U.S. Census Bureau spent $2.5 million on a television commercial during the Super Bowl that was so poorly produced that virtually nobody understood what is was trying to say.
#16 A professor at Dartmouth University received $137,530 to create a "recession-themed" video game entitled "Layoff".
#17 The National Science Foundation gave the Minnesota Zoo over $600,000 so that they could develop an online video game called "Wolfquest".
#18 A pizzeria in Iowa was given $60,000 to renovate the pizzeria's facade and give it a more "inviting feel".
#19 The U.S. Department of Agriculture gave one enterprising group of farmers $30,000 to develop a tourist-friendly database of farms that host guests for overnight "haycations". This one sounds like something that Dwight Schrute would have dreamed up.
#20 Almost unbelievably, the National Institutes of Health was given $800,000 in "stimulus funds" to study the impact of a "genital-washing program" on men in South Africa.
In light of all this, is it any wonder why the approval rating of Congress recently hit another new record low?
According to the most recent Gallup poll, only 13 percent of Americans approve of the job that Congress is doing.
Just think about that - only 13 percent!
Our politicians seem very confused about why there is so much anger in the country today. Well, there are certainly a lot of reasons for it, including the fact that the U.S. economy is on the verge of collapse, but it certainly doesn't help that our government is basically flushing our tax dollars down the toilet and spending them on some of the most wasteful things imaginable.
It would be bad enough if the federal government was swimming in money, but the truth is that all of this waste is being committed at a time when the U.S. government is nearing bankruptcy.
Over the last 30 years, the U.S. national debt has gotten 13 times larger. We have accumulated the largest debt in the history of the world and there is no end in sight.
In fact, we are rapidly running out of people to borrow money from. According to the Wall Street Journal, in order to repay maturing bonds and finance the exploding budget deficit, the U.S. government will have to borrow 4.2 trillion dollars in 2011.
Eventually the rest of the world is going to lose confidence in the ability of the U.S. government to repay all of this debt. Once confidence in U.S. Treasuries is totally gone, and there are already signs this is starting to happen, the game will be over and the U.S. financial system will collapse.
But the U.S. Congress just continues to act like it is "business as usual" and the wasteful spending just continues to get worse. Someday historians will look back and think that we must have been a nation full of idiots and morons.
For decades our politicians have been spending us into oblivion, yet we keep sending the vast majority of them back to Washington D.C. every time an election rolls around and the mainstream media keeps assuring us that our "respected leaders" know exactly what they are doing and that everything is going to be okay somehow.
It is almost as if some sort of collective insanity has overtaken most Americans. The path we are on inevitably leads to national bankruptcy and the destruction of our financial system, but only a small percentage of the population seems to care.
Well, in the end we will reap what we have sown. Unfortunately, the economic pain that is coming is going to be devastating for all of us - including those of us who are awake and are trying desperately to change things.
Earlier this week, the Government Accountability Office reported that taxpayers lose tens of billions of dollars to redundant government programs. There are literally dozens of programs in some areas that are tasked with the very same things.
Leslie Paige of Citizens Against Government Waste says this is nothing new and the real cost is probably above $100 billion per year.
Heavenly TriviaYou Think You Know The Bible Well? Test Yourself With Our Trivia Game www.BibleTriviaTime.com Rush limbaughListen to Conservative Talk Shows Right From Your Browser - For Free! www.ConservativeTalkNow.com
“It’s time to weed out all this duplication and you don’t need to take a fine-tooth comb to it, you can do this with a weed wacker.”
Listen as Paige explains how this happens and why new programs keep getting added when identical ones already exist. She also explains which areas of the budget see the most redundancy.