This rather brilliantly cuts thru all the political doublespeak we get.
It puts it into a much better perspective.

Lesson # 1: per year

 U.S. Tax revenue: $2,170,000,000,000
 Fed budget: $3,820,000,000,000
 New debt: $ 1,650,000,000,000
 National debt: $14,271,000,000,000
 Recent budget cuts: $ 38,500,000,000

Let's now remove 8 zeros and pretend it's a household budget:*

 Annual family income: $21,700
 Money the family spent: $38,200
 New debt on the credit card: $16,500
 Outstanding balance on the credit card: $142,710
 Total budget cuts so far: $3xx.xx8xx5xx

Got It ?????


OK now Lesson # 2: Here's another way to look at the Debt Ceiling:

Let's say, You come home from work and find there has been a sewer
backup in your neighborhood....and your home has sewage all the way up
to your ceilings.

What do you think you should do ......

Raise the ceilings, or pump out the crap?

Your choice is coming Nov. 2012.

According to the American networks (even Fox News) the Man From Kenya is not going to
relinquish the second term easily. I was really surprised by the fact that he was
leading The Banker by so many points in the polls. I realise it`s early days yet, but
where is the walk-over everyone was expecting?

Erik in Oz.

It is now  just changing. Wait till millions see 2016.

Paul Lamar

-- 
The Rotary Engine News Letter. Powered by Linux.
ACRE NL web site. http://www.rotaryeng.net
You Tube key word PaulLamar2
Copyright 1998-2012 All world wide rights reserved.