Remove 8 Zeros from U.S. Economy and Pretend It's a Household Budget: See what happens.

Ι want to share with you all something very simple.  It came to me in an email from a the specialists at Farwell Wealth Management.  You may want to look these guys up.  Here's their website:


http://www.farwellwealthmanagement.com/

But what I wanted to share with you is the very clear way they have of explaining exactly why the U.S. was downgraded in a way that all of us can understand.   Here it is, "simply put":

SIMPLEST TERMS: Why the US was downgraded.

• U.S. Tax Revenue: $2,170,000,000,000
• U.S. Federal Budget: $3,820,000,000,000
• Annual New Debt: $ 1,650,000,000,000
• Total US Federal Debt: $14,271,000,000,000
• Recent Budget Cut: $ 38,500,000,000

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

• Annual Family Income: $21,700
• Money the Family Spends Annually: $38,200
• New Debt on the Credit Card: $16,500
• Outstanding Balance on the Credit Card: $142,710
• Total Annual Spending Cuts: $385

How long would your household last with this 'economic' policy at home?  Not long.  

Now you know what this is all about.  You know why I'm working hard to convince my American friends to take the necessary actions to stop this insanity before it buries us all.   All petty differences must be set aside (without compromising on godly absolutes) to put together a united endeavor to defeat those that spend like this and put in the White House some who will do something about it.

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Is this the US, Canada, or the UK? NO, this is Kenya's version of Labor-Management Relations.

Ever wonder what happens in developing countries when the government can't afford to pay its employees? Well, this article gives you some good insights. In one sense, it is proof-positive of the progress of a country like Kenya, but on the other it is too bad that they're picking up some of our bad habits. Take a look.

More varsities set to close as strike enters sixth day�- News�|nation.co.ke

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Remember the US Super Committee? It's Likely a Dud, and Obama is Washing His Hands Of It just to be safe.

Here's the latest on the congressional Super Committee that needs to report by November 23rd or preset budget cuts come into play. The down side is that the defense budget will be cut drastically. But then most Americans are convinced that is exactly what the Pot-US wants. Take a look.

Obama To Super Committee: Get It Done, But I'm Outta Here

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Fine Print of Obama's Jobs Bill Reduces Charitiable Donation Tax Deduction.

Many Americans now get $0.35 off their taxes for every $1 they give to charity. Obama is reducing that to $0.28 in his bill. It's in the fine print. Here are the details.

Rescue Missions Fear Obama's Jobs Plan Will Affect Donation, Christian News

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This Is The Senator Marco Rubio Speech Video Everyone Should See.

I heard this live the other day, and I'm glad I could find it to share it with you. This is a great speech from a young man who has a future, I believe. He explains the mess so well.

VP Biden said the Tea Party “acted like terrorists” — you might want to watch this Senator Rubio video � Gretawire


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GOP Must Listen To Charles Krauthammer Today!

Charles has got this one nailed perfectly and he says it like it is. He hits B.O. hard and the Republicans even harder, but he gives the GOP a great solution to this whole mess of the debt ceiling. Take a look today. Tomorrow will be too late. And by the way if the GOP fail to listen to Charles, maybe you'll remember when it comes to next year's elections. Here's Charles:

Charles Krauthammer: Republicans owe Obama no favours | Full Comment | National Post

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Maybe It is Time to Bring Down the P of the U.S. (POTUS)

Let's make B.O. a prophet and let his presidency fall on this. He's clearly in a corner that his own arrogance, agenda, and stubbornness have created. It looks good on him and it's time he stop blaming Bush, the GOP, the rich, and anything or anyone else he can. This all rests clearly on his shoulders.

This afternoon, he clearly couldn't stand the heat and he left the kitchen until tomorrow. This is a sign of poor leadership skills and one frustrated man.

POTUS: 'This May Bring Down My Presidency, But I Will Not Yield on This' - Budget Battle - Fox Nation

 

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More Proof B.O. is Abt. Higher Taxes and More Government, and Thus Must Go.

This is a really neat analysis we need to be aware of.   If you want more government and higher taxes for those that make America competitive, then B.O. is your guy.  But those that want that, most of them socialists, already know that.   I'm just drawing it to the attention of the rest of us.  Take a look.

James Pethokoukis | Analysis & Opinion | Reuters.com

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Wait, I Thought We Had A Deal Last Week. Maybe not. U.S. Could Still Shut Down.

This one speaks for itself. It's about the vote. The one they never really had but will need to this week. Take a look.

The Budget Deal May Fall Apart

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Official White House Position (B.O.'s) on What They Agreed To in "The Deal".

Worth a read. But don't miss the "partisan" views of a "bi-partisan" deal. Enjoy.


Details of the Bipartisan Budget Deal | The White House

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I Think B.O. Has Stopped Listening To George Soros, But I Can't Say For Sure.

This is easy for Soros to say. And many of his Dem. friends who want to see America sink believe him. It's possible B.O. is listening to him only with caution. Time will tell as we move into the negotiations for the 2012 budget soon.

George Soros Says The US Should Take On More Debt And Not Be Obsessed With Budget Cuts

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What CNN Didn't Tell Me: Abortion Rider (for D.C. at least) Was In the Deal Struck to Avoid Shutdown.

I didn't hear this on CNN (maybe I missed it) but thanks to the Washington Post, I learned that an Abortion Rider did find its way into the deal struck on April 8th. Take a look at what that means for the future and how this one will be applied.

Budget deal includes D.C. abortion rider, money for school vouchers - D.C. Wire - The Washington Post

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If U.S. Doesn't Reverse the Deficit Now, It Will End Up Worse Than Greece and Portugal.

The U.S. is going down the same path as Portugal and Greece -- the names of the players are different. Take a look what the chief economist of Wells Fargo has to say.

US Deficit Spending: US Going Same Route as Greece, Portugal: Economist - CNBC

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Don't Forget, B.O. Missed HIs Chance At A Budget Last Year.

The writer of the blog in the link below is no friend of the Republicans, but he tells it like it is when it comes to who will be at fault if the government shuts down in less than five hours. Take a look and remember this even if there's no shutdown.

Hey Obama, You Do Realize That You're Responsible for the Shutdown if it Happens, Dontcha? - Hit & Run : Reason Magazine

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What's Going On With Weekly U.S. Budget Stopgaps?

Here's the recap to date: B.O. has already approved two stopgap budgets. The one just passed in the House would be the third one presented to him if indeed the Senate agrees with and passes it. B.O. wants a budget that takes the country to the end of September, its fiscal year, not one a week at a time. As a result he and White House staff have said he will "veto" this one even if the Senate passes it.

If the Senate passes this, the troops and other crucial services keep getting paid. If the Senate turns this down, or B.O. vetoes it, they don't. It's that simple. But is it really.

First, the Republicans are counting on several in the Senate to put pressure on Harry Reid's Dem. side to pass it so key people will get paid. But B.O. and the top Dems. are really hoping they don't.

Here's their plan as I see it. "Well, people, we've passed two of these now to show good faith, and we can't keep doing this. So we've stuck our neck out hoping the American people will understand we can't spend all our time every week dealing just with the budget, and we've stopped this one. Yes, the government has been shut down, but hey, blame the Republicans." That's their plan.

But will people blame the Replublicans? Some will, but not the majority. They know the U.S. deficit is out of control and what B.O. is to put it further out and more in debt with no real plan to decrease the deficit and get out of debt. Just spend out way into oblivion. The majority are supporting the Republicans on this and that's why 15 Democrats in the House voted with the G.O.P.  whereas only 6 Republicans voted with the Dems.  (That's two and a half time the Dems. that switched on this one than the Republicans.  That should tell them something.)  The overall vote was 247 for, 181 against.  Now it's up to the Senate and B.O.

The Republican position is this:  "Which part of no more taxes and no increased debt don't you understand?   If you're not going to get serious and give us the cuts we need to deliver that to the people, than you can shut the government down if you want or let us do it -- either way we don't care; the people are with us and that's what we were elected to do.  You can blame us if you like.  And yes, we're giving you this opportunities of stopgap budgets to save your hide and to be able to pay the people that are critical to running and protecting this country.  We'll do it as long as we have to."

So there you have it folks.  I'm hoping more and more will understand that White House games should be saved for the White House lawn just like JFK used to play with his children.  They're not appropriate for the White House to play in the Congress.   B.O. this will backfire on you big time.

This link below takes you to some of the details.

Obama to veto Republican budget plan - World - CBC News

 

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What Drives People To Shutdown A Government If They Couldn't Kill Babies? Ask Harry Reid.

It just blows my mind that some people are so adamant about killing babies that they're prepared to shutdown the U.S. of America if "The Killing Factories" (not too different from "The Killing Fields" of the Vietnam War) through Planned Parenthood are no longer funded by the American Taxpayer.

You tell me.  For strict pro-choicers I believe it's all about replacing God's sovereignty in deciding who lives and who dies.  For morons (I've got to stop using that word) like Harry Reid, it all translates in dollars and politics.  Apparently 41 Senate Democrats have written to him as Senate leader saying they're against any budget proposal that cuts funds for Planned Parenthood.  So, world, the ability of the United States to stay "open for business" or not depends on that treasured human being that mothers carry in their uterus when pregnant.  What an awesome responsibility.  Will American mothers let three and a half dozen misguided Democrat Senators let the country go to "hell in a hand-basket" because they want to kill babies like the ones these mothers have carried or are carrying?  For the sake of America, and the world, I hope not.   Meanwhile the deadline for getting agreement on a budget before 'shutdown date' is April 8th -- I think that's Friday.  The suspense may end up killing millions.

Harry Reid: We’ll shut down government before we shut down Planned Parenthood funding | LifeSiteNews.com

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Let's Eat the Rich and See Where That Gets Us.

Every CONSERVATIVE in North America should see this and show it to everyone they know, especially their LIBERAL friends and associates. It's the best 9 minutes you will spend between now and 2016! Please let's make this go viral. Let's EAT THE RICH and see where that gets us!

And while you're at it, you'll find out who America's biggest hypocrite is and no, it's NOT necessarily B.O.

RealClearPolitics - Video - Bill Whittle On Eating "The Rich"

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Cut It (the Budget) or Shut It (the Government)

The numbers are piling up against the B.O.'s budget and it will be interesting to watch what happens in the House in the next few days. Will the new GOP leaders stay true to their promises or will they fail to do so -- because they don't want to be remembered as the one's dropping the axe on the government.
This is a great video. Some GOP members have made their demands clear -- $60 Billion. But will they all stay together?

RealClearPolitics - Video - Mike Pence: Cut $60 Billion From Budget Or Face Shutdown

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Who's Hiding the $2 Trillion of the White House Budget?

The Congressional Budget Office (CBO) says that B.O.'s budget plan woul produce deficits of $9.5 trillion over the next decade, the nonpartisan CBO said Friday -- more than $2 trillion higher than White House estimates, according to The Washington Post.

CBO: Obama policies would require deficits of $9.5 trillion through 2021 - The Washington Post

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What Happens if GOP say "NO more money" to the President

The ramifications are major for all of us. You'll want to read this detailed account -- ultimately suggesting that's exactly what they should do, but to be fair, there are consequences. Take a look.

Debt or alive: Obama 'pushing panic button'

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