Someone from Washington actually "gets it."
Started by
nimblebear
, Mar 07 2007 05:41 PM
4 replies to this topic
#1
Posted 07 March 2007 - 05:41 PM
US comptroller taking message to Americans.
http://www.cbsnews.c...in2528226.shtml
GW has sure done a "good job."
http://www.cbsnews.c...in2528226.shtml
GW has sure done a "good job."
OTIS.
#2
Posted 07 March 2007 - 05:46 PM
Either he wants to make sure he is not made the fall guy, or he wants a promotion. Think about it - if you are motivated and talented, will you join Washington?
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#3
Posted 07 March 2007 - 05:51 PM
Either he wants to make sure he is not made the fall guy, or he wants a promotion. Think about it - if you are motivated and talented, will you join Washington?
Shirley you Jest. Just ask Libby or Cheney if they do that kind of thing in DC.
OTIS.
#4
Posted 07 March 2007 - 06:01 PM
The president can not spend a single dime on his own.
The president can only propose a budget.
In the US Constitution, the sole authority to spend is delegated
to the congress.
So, now we have an accumulated national debt of 9 Trillion.
And that will be paid by FUTURE taxpayers.
But the news is actually worse than that. We have UNFUNDED
obligations due to promised entitlements (Social Security,
Medicare etc) to CURRENT wage earners of $40 Trillion. And
that account keeps growing by each passing day.
The number I recall is every person in the US owes $175,000
in unfunded liabilities.
Edited by pdx5, 07 March 2007 - 06:01 PM.
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#5
Posted 07 March 2007 - 06:17 PM
Nope! Not gonna do it.
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