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Enough of the Fiscal Cliff Garbage


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#1 Iblayz

Iblayz

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Posted 18 December 2012 - 11:09 AM

Just do it. Everybody on earth knows what you are going to do. You are going to do what you always do, and that is to take the path of least resistance. Wall Street has been feeding this garbage to the press for so long I am sick of it. The irony is......fixing the problem actually fixes NOTHING but the perception of a problem......except maybe the alternative tax issue. The problem is simple. Basically over the last four years, revenue to the government has gone DOWN by 2% and federal spending has gone UP around 27%. DUH....are our leaders really that stupid? Well, is Wall Street any smarter collectively? Are they? After all, they have been clamoring for a FIX. Are we getting a fix? Really? What part of the fix really fixes anything? Is it really such a big deal that the market MIGHT go down some? What would be better.....some short term pain now that really is GOOD FOR THE WHOLE NATION....or the absence of such that means certain disaster in the future.....including the complete collapse of the ponzi fractional reserve financial system?

A deal just basically means no change except that the bulk of the ones trying to play the deal by buying everything in sight will be paying more taxes. Yea! Let's celebrate.

Well celebrate this! Our national debt is now over 16.3 TRILLION dollars. Most don't really have any concept of how much that is. Neither do I really....except to be fairly certain that we will cement our status as PAST THE POINT OF NO RETURN WITH A CLIFF DEAL!

How about we look at the dollars in seconds and years. There are 3600 seconds in an hour....86,400 seconds in a day. So lets express the debt in seconds AND years. One million seconds is about twelve to thirteen days. One billion seconds is around 31 years.

One TRILLION seconds...how much is that? The answer is 31,688 YEARS.....THAT'S YEARS!
So how much is 16.3 trillion seconds? That would be....


516,515.4 YEARS!

So we are going to somehow pay back $86,400.00 dollars per day for Five Hundred and sixteen thousand years? Really? With what? If you go back to 1940 we have only run a budget surplus about a third of the time.....maybe. The largest one was about 217 billion in the year 2000. That's the only one over 127-128 billion and there were only a couple more in that area....and those were AFTER we started using the Social Security trust money as part of the general budget. Even if we could somehow replicate that one year......and we can't.....it would take over 80 years to pay off the debt. If we could just run a surplus that averaged the largest four in our history....and we can't.....it would take something like 150-160 years to pay off our debt.

And you (Wall Street) are going to celebrate a deal that does basically NOTHING to address this? If so, just don't be complaing about the WORTHLESS politicians that refuse to do anything about it......because you are not screaming for anything other than what they are doing.....and that basically is the complete opposite of what they should really be doing. Is my math wrong? If not then....selah.