Saturday, May 8, 2010

#7900 - #47 -You can “ONLY” buy with what you “EARN”!

What is it you do not understand?

How much “simpler” can it be stated?....... Are you too “stupid” to understand?

“You can “ONLY” buy with what you EARN!”

The difference between what you “EARN” and what you just “BOUGHT” is called the “DEFICIT”. That is also called “DEFICIT Spending”! Someone has to pay the “Difference”!
Where is this money? … Where does it come from?

There are only two places it can come. ….. One is from the “Printing Presses”! ……. The other, the Second, is from “earnings”!

In “One”, you have more $’s chasing the same amount of goods (that’s Inflation).
The “Second” is self explanatory!

“Inflation” is easy, but the results are like Germany, where you had a wheelbarrow full of paper money to buy a loaf of bread. ….. Who wants that? …. “Inflation” results in the hard money,that is safely “put away” for a rainy day, becomes “worth less”. You just start the “presses” and you buy anything (you also “GIVE” anything away, any earthquake payments, any flood payments, any payments to the unemployed, any foreign government payments, any payments for anything!) Just start the “presses”!!

But “TO EARN”, that’s a different story! …. It’s much slower! It’s much “harder”!

In today’s terms:
With $1,5 Trillion in debt in the last budget “How can you earn that?” For each budget, for the next ten years, that will be a budget deficit of $15 Trillion. “How can you earn that?”
When do you start “earning” and stop “Spending”?
This is also called “unsustainable”! …. “unsustainable” because sooner or later, the Chinese (or a combination of “ whomevers”!) will lack the desire to keep lending to a “deadbeat” at a price, or at all!)
(If you took 100% away from everyone who makes $1miilion or more, it wouldn’t make a dent in the amount we owe!) (so much for ‘Soak the rich”!) …… That’s the reality, folks!

Everything that’s talked about …the talk about whose to become the next Supreme Court judge, The floods in Tennessee, the bomber in New York, etc. pale in comparison of major “transformation” of the U.S. of A. into a different form of state. These are important issues but in no way compare to the issues of “Change vs. Transform”. The voting public can change “Transform”.

The General Public must admit “It made a mistake!” when it voted for “Change”!

“You can “ONLY” buy with what you “EARN”!

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