DEAR MR. PRESIDENT

Dear President Obama,

In 15 of Last 25 Months, Treasury Needed to Borrow Money to Pay Social Security Benefits.

From CNSNEWS.com Wednesday, October 20, 2010  By Chris Johnson:  “Because the overall federal budget was in deficit during this entire period, the surplus revenues Social Security earned in the remaining 10 months of the last 25 was used during those months to pay ongoing general government expenses and was not saved to pay future Social Security benefits.”

I call it credit card spending.  Credit card spending is when you don’t have the money to buy what you want now so you borrow the money intending to pay it back a little at a time with horrendous interest, or with no thought in mind to repay it at all.

We have been aware for years that the day would come when the Social Security system would fail but none of the elite, in either party, would do anything about it.  Instead, they looked the other way and headed for Bloomingdale’s with a plastic card in hand.  BTW, we paid the bill, with interest, on that blooming card.

“Let me be clear”, the government cannot spend our way out of debt!  The more you spend the more debt you accumulate.  It’s economics.  It’s not rocket science.  Certainly you took a math course in your quest for a law degree.  If our public schools taught anything other than “Making Love to Your Fellow Gym Student” and “Kill a Baby, Save a Tree”, we might have an electorate capable of seeing that $2-$7 = need to quit spending.  But progressives have kept the populace dumb and ignorant.

Also, “Let me be perfectly clear”, government jobs do not contribute to recovery or prosperity of a nation; they create an additional burden on that nation which destroys the prospects for recovery and prosperity.

“Mr. President, no matter how many times you try to explain a pile of crap, it is still crap.

I’m reminded of a story I heard many moons ago.  Three young boys were walking down the street when they came across something on the sidewalk.

The first boy stared at it for a while and said, “It looks like dog crap.”

The second boy bent down and sniffed it.  “It smells like dog crap”, he said.

Boy number three got on one knee, swiped a finger through the gooey brown pile then lifted the finger to his tongue.  He gagged and said, “It tastes like dog crap, too.  Aren’t you glad we didn’t step in it?”

Mr. President, We the People are tired of being marched through your crap (pork laden Stimulus packages that stagnate employment and prosperity rather than stimulate the economy, health care that will cost more and care less, taxes rising on everything purchased, energy costs that “will necessarily skyrocket”) under threat of IRS audits and home foreclosures!

Advertisements

Tags: , , , , ,

3 Responses to “DEAR MR. PRESIDENT”

  1. Anonymous Says:

    Interesting article, and the website seems nice all-around also, I been to a few pages before commenting, I usually don’t comment unless I find there is something worth-it on the site. Great site, and thank you for the quality.

    Like

  2. Anonymous Says:

    Can you provide more information on this? take care

    Like

  3. URL Says:

    … [Trackback]

    […] Read More here: bizarroworldusa.wordpress.com/2010/10/26/dear-mr-president/ […]

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: