Tuesday, September 06, 2011

Read recently...

An observation about the Post Office's financial meltdown:
My postman just delivered a 615-page catalog from Restoration Hardware. Why was that a feasible business move for Restoration Hardware? I’ve never mail-ordered anything from them. Why is the government subsidizing this inefficiency? If I were interested in buying something from RH, I would go to their website. Instead, I have to lug this heavy object to the garbage can/recycle bin? Think of the carbon footprint. I do! But I don’t believe the government believes the climate change hype. Because they never act like they do.”

Putting the Federal finances into a family perspective:
The below states the U.S.A. financial position succinctly:

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

Now just remove eight zeros and pretend it is 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: $385


Regarding Obama's rapid ascent from obscurity to President:
Of course Obamamania was always all about race. Look, the guy was a state legislator as of 2004, and not even speaker, majority leader, or a whip in the Illinois legislature. He was chairman of the state senate's health and human services committee, which isn't bad, but it's not automatic Presidential Timber. Four years later, he gets elected President.  If his daddy hadn't been black, he would no more have become President than if the previous guy'd daddy had been Mr. Tree.

Let's say that as of 2004, Obama was about the 10th most important person in one of the 50 state legislatures in the country. With 50 governors, 100 U.S. Senators, and 435 Representatives, that means he was probably not in the top 1,000 politicians in the country four years before winning the Presidential election. Four years before getting elected President, Bush II was governor, Clinton was governor, Bush I was Veep, Reagan was ex-governor, Carter was governor, Ford was House minority leader, Nixon was ex-Veep, LBJ was Senate majority leader, JFK was U.S. Senator, Eisenhower was former supreme commander, and Truman was U.S. Senator.

No comments:

Site Meter