Mama Bin Cranky

Screaming on the Inside

Posts Tagged ‘The National Debt’

$17,000,000,000,000 In Debt

Posted by madjillmom on October 18, 2013

Not me personally. Our country. That is $123,000 per working person. New breakdown based on working people because we can all see that fewer and fewer are pulling the wagon and more and more are riding in the wagon called welfare.

Remember, the Republican’s have at least tried to make that number smaller. They have been flawed in their approach, but they all want government to shrink. Only the Republicans want less spending. Dems want more spending, more stimulus, more “investment”, on and on and on until bankruptcy. The want a credit card with no limits. They think they are paying the bills when they borrow money! They think that charging things doesn’t raise the debt. Evidently, they never heard about robbing Peter to pay Paul. Only in this case, it is borrowing from China to pay welfare. Or better yet, siphoning off the value of my assets by printing money hand over fist.

I hope the Dems and Obama should be really proud today.

Stop Whining and Starve the Beast!!!!

Posted in Democrats, The Economy | Tagged: , , , , | 1 Comment »

Tiger Woods and Sequestration

Posted by madjillmom on February 18, 2013

Sequestration is looming. PresBO is holding high level meetings with his good friend, Tiger Woods. They discussed the ramifications of the cuts to the military on the back nine. By the 19th hole, they had decided that taxing the rich is the only way out of this problem. Problem solved. Great work. 

Next week, PresBO will have a pick-up game with Michael Jordan while they solve the problem of illegal immigration. 

If PresBO takes up soccer, I think his game with David Beckham will probably fix the deficit. 

Thank goodness this President is so able to multi-task  Remember when George Bush had to give up golf because the press didn’t like him playing while troops were dying in war.  No problem with Obama playing golf while caskets come home. 

Posted in Illegal Immigration, Pres. Barack Obama, The Economy, The Military | Tagged: , , , | Leave a Comment »

Obama’s Anemic Recovery

Posted by madjillmom on February 5, 2013

The much praised and promised recovery is so poor that we cannot cut any programs, we can only raise taxes. This is the new Democrat meme. Cutting nearly any government program will cause the anemic recovery to get even worse. Where is the recovery that Obama promised? This anemic Obama recovery is only able to survive by growing government, it mainlines government spending and borrowing or it dies. Growing government is not growing the economy.

Posted in Pres. Barack Obama, The Economy | Tagged: , , | Leave a Comment »

Dave Ramsey and the Nation’s Debt

Posted by madjillmom on June 14, 2011

I listen to a lot of talk radio.  Sometimes I listen to Dave Ramsey.  You hear some pretty amazing stories about people in debt up to way past their eyebrows.  By following Ramsey’s program, people with huge debt burdens are able to buckle down and pay off their debts. When you listen to Dave Ramsey, you get used to the phrase “beans and rice, rice and beans”.  This is code for scaling way back.  Then he wants you to stop using and cut up the credit cards.  You run on a cash basis with no increase in debt from this point.

The government has too many credit cards and it wants the credit card companies to raise their credit limit.  The nation’s debt is almost the same as the people who are helped by Dave Ramsey.  We need to cut up the cards and start paying down the debt.  Asking to raise the debt ceiling is asking to take on more debt.  If we are living above our means, getting more credit isn’t the answer.  Borrowing more would endanger the “full faith and credit” of the USA.  Our debt-holding overlords are getting nervous about our ability to pay our current debt.  The rating agencies are threatening our bond ratings.  Why borrow more money.  It will just bury us even deeper.

Remember when the drop dead date for financial catastrophe was May 8th.  If we didn’t pass the debt ceiling increase, default would kill the economy.  Now the date is sometime in August and there still is no agreement to cut spending.  If families can pay off crushing debt, the government can too.  This means no luxuries, only rice and beans, beans and rice.  Shrimp running on treadmills, monkeys smoking dope, helping to bail out Greece, free Hoveround chairs for Granny, and welfare for those able to work are like trips to an expensive restaurant on a high interest rate credit card we can’t pay.

I fail to see how taking on more debt is the answer to our problem.  Defaulting is not paying the bills.  Paying off debt isn’t fun, just fiscally responsible.  Perhaps Pres. Obama and the leaders of the House and Senate should sit through Financial Peace University.

Remember, Anthony’s weiner is still his and Sarah emails must be examined.

Posted in Pres. Barack Obama, The Economy | Tagged: | Leave a Comment »

 
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