If we don’t raise the debt ceiling we will default & the world will end.
Everyone panic & run around in a circle! I don’tknow about you, but I’m getting very tired of being scared into submission by
every so-called crisis that pops up.
What’s most frustrating is that very few if any real conservatives on radio or TV are either informed enough or have the courage to tell the truth. Here’s the truth. According to the White House OMB (Office of Management & Budget), the total revenue coming into the federal government (taxes & fees) is over 2.5 trillion dollars. That’s a lot of cabbage but evidently not enough to run a country. From the same source, the interest on our debt is about 251 billion.
Now I’m not a math whiz but if you subtract one from the other, that still leaves them with over 2 trillion. You mean to tell me we can’t find a way to operate on over 2 trillion dollars? Stop buying into the hype. There are no crises.
Actually, let me rephrase that. When the government says panic, don’t. When they say don’t panic, do.
The real unemployment number.
Does it bother anyone else to never hear the actual rate of unemployment in this country? Talking heads on both sides parrot the
same incomplete figures. Incomplete? What do you mean incomplete? We hear the rate is hovering around 9%. That’s bad but not at all accurate. It’s a lot worse. The government has 6 unemployment classifications (accounting gimmicks). Yes, I know what you’re thinking. Unemployed is unemployed, right? Not so fast. According to the Feds, you just may not be unemployed enough or too unemployed. Make sense now?
Anywho, these classifications are U-1 through U-6. The higher the number the worse, more realistic and more accurate the unemployment figure. That 9% figure we hear of is the U-3 number. It doesn’t account for those who have stopped looking, the discouraged, the underemployed, etc. I guess those folks are in the too unemployed to be counted category. Does this sound nuts to you? The real rate of unemployment in this country is well above 15% & has been that way for quite a while. Is it too much to ask for some honesty?
Save the country; Release the Strategic Oil Reserves.
Another crisis averted by our fearless leader. Release 60 million barrels of oil from our emergency stash. Wow! That’s a lot of oil. That will surely bring down gas prices. We’ll be swimming in it. Hooray for Obama! Why didn’t anyone think of such an easy solution? Well, it could be that anyone that bothered to become informed would know that 60 million barrels of oil is squat.
The United States uses about 20 million barrels of oil per day.
Ok, do the math. Getting the picture? Could this be another cheap political stunt? Why yes…yes it could. It’s actually much worse than just a stunt. One with actual consequences. You see; our oil reserves are stored in 4 massive underground salt caverns. Ok, so what. Here’s what. These caverns are quite unique. They can’t be found just anywhere. That means there’s a finite amount of them. Well, these caverns can only be drained & filled up to 6 times before they are unusable. Rather high price to pay for a cheap trick.