$16,000,000,000,000 DEBT!
By Alan on Sep 05 in Blog tagged 16 Trillion, broke, debt, government, Obama, Social Security, taxpayers, Uncle Sam | Comments Off
$16,000,000,000,000 DEBT!
Yesterday, the U.S. national debt passed $16 trillion. On President Barack Obama’s watch, the debt has increased by 50 percent, as campaign promise after campaign promise has drowned in a sea of federal spending.
When he was running for President, Obama condemned George W. Bush for adding $4 trillion to the national debt over eight years, calling it “irresponsible” and “unpatriotic.” Now—in less than four years—Obama’s Administration has already added almost $6 trillion to the debt. That means he is on track to tripleBush’s debt increase over eight years.
It is important to understand the magnitude of this debt increase and what it means for the country. Several terms are often used to describe the debt, but they are not interchangeable. Here is a quick guide to the U.S. debt.
National debt or “gross debt,” which just passed $16 trillion: This includes what we think of as federal debt plus intergovernmental debt—money the U.S. government has loaned itself from one part of the budget to another. An example of intergovernmental debt is transfers from the general fund to Social Security.
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The “debt ceiling” applies to this measure of the debt. At this rate, it will hit the ceiling again—meaning Congress will have to act and will likely raise the limit again—perhaps as early as November of this year.
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At $16 trillion, this number has passed total U.S. gross domestic product (GDP), the measure of all that is produced in the economy.
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Since Obama took office, the national debt has increased from about $10.6 trillion to more than $16 trillion—a 50 percent increase.
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Debt per taxpayer: $111,414 and counting
Publicly held debt or “debt held by the public,” which stands at about $11.3 trillion: The debt held by the public is publicly traded debt, so it can be bought and sold in the credit markets. It does not include the intergovernmental loans mentioned above.
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Since Obama took office, publicly held debt has increased from about $6.3 trillion to about $11.3 trillion—a nearly 80 percent increase.
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This total—and the 80 percent increase—is actually more significant, because President Obama has added more to the publicly held debt than any previous President.
The federal budget deficit, which is on track to top $1 trillion for the fourth straight year: The deficit shows how much government spending has exceeded revenue in a given year, or the money the government is taking in from taxes. In contrast, the publicly held debt is the total of all past deficits and surpluses. The U.S. government spends more than it takes in. To cover the deficit and continue spending, government bonds and notes—essentially IOUs—must be issued.
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President Obama vowed to cut the deficit in half by the end of his first term.
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Instead, Obama has averaged deficits nearly three timesthat of his predecessor.
These numbers are staggering. In just a few years, the U.S. will be spending more on just the interest on the national debt than on our entire national defense budget. As Heritage’s Romina Boccia explains:
Countries like Greece and Italy demonstrate the economic pains that result from procrastinating on solving a nation’s major spending and debt challenges. Only Congress can decide whether to make the prudent and intentional decisions to ward off a fiscal crisis, or whether to stand idle until forced to act by unnecessarily painful events that could have been avoided.
As it is, children born in the United States today—who won’t pay taxes for years yet—are saddled with a more than $50,000 share of the national debt. If Congress and the President refuse to rein in spending, these children may grow up in the new Greece.
Gilbert P Howe
Save The Family
Donny Osmond – Family Survival In The Entertainment Business
By Alan on Dec 26 in Blog tagged alone, Approved, blessed, broke, dedication, Donny Osmond, Excitement, faithful, Family, happy, Loneliness, loving, Marie, married, Mormon, One Take, Popular, religious, rich, Show Business, successful, survival in the entertainment business, tested, thankful, The Family, The Osmond Family, The Osmonds, together, work | 9 Comments
Family, Work, Dedication, Loneliness, Excitement, One Take, Loving, Popular, Rich, Broke, Tested, Religious, Approved, Married, Faithful, Mormon, Thankful, Successful, Alone, Together, Blessed, Happy . . .
Donny Osmond of The Osmond Family.
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This is a glorious time in which to live here upon the earth.
As we travel through life, there come times when we must stand up and be counted. These are times of testing. Are we on the Lord’s side, keeping his commandments? Do we sustain our leaders and uphold them? Do we stand steadfast and unwavering? Do we compromise those things we know are true?
It is a temptation to become so involved in the things of the world that we lose sight of more important values, the things of the spirit and family. We tried to do this with our music.
All the effort and struggle and sorrow will be well worth it, for we will have earned the greatest of all gifts, the gift of eternal life. May this be our happy lot, I humbly pray.
“I have fought a good fight, I have finished my course, I have kept the faith.” 2 Tim. 4: 7
Families are Forever
For The Family
Alan Osmond’s Response after viewing this:
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Submitted on 2011/12/27 at 1:39 am
This is Alan. I need to comment! I was somewhat taken back by this video with this open hearted discussions by Donny and my brothers whom I love. It was hard to hear them say those things that we have kept to ourselves for so many years when we were called goody goody, too clean cut, too Mormon, and that we would never make it in show business because of our righteous, moral and Christian, principle driven family image that we had and yet we had the greatest friends and relationships with the biggest and best names in the business and leaders of the world. I saw and heard what Donny and my brothers said and sometimes it was really hard times but, can I tell you how much fun we all had together! As the oldest of the brothers, we were treated and loved so well by our fans and friends that even Walt Disney, Elvis Presley, Paul McCartney, Led Zepplin, The Queen of England, Ronald Reagan and others commented how much they liked our family. We had nothing to hide or to prove except to be who we were and to be the best entertainers we could become. We worked hard at it and loved it. (Most of it.) Yes, we would come off stage just sweaty and tired but were well fulfilled by working hard and in receiving the audiences applause and standing ovations. We had to lease Led Zepplin’s sound system because it was the loudest and our audiences all screamed and couldn’t hear us without it! We were told that we were the loudest group on tour in the 70′s because of all the screaming girls! We were also each others best friends! We sang together, worked together, laughed together, cried together, we prayed together, and gave up much of our childhood and our lives to our careers for each other because we found ourselves within a family of love and togetherness that was unlike any that we had ever seen. Yes, we are normal and have our moments but the strong will of a firm yet loving father and the love and support of a saintly mother, we kept balance in our home and lives. I was ready to leave the group and go serve a mission for our church for two years but was told by the Holy spirit after prayer not to; that I was to stay with my brothers and as a family and continue to spread good will and open doors for the missionaries by setting an example as a family to the world. We believe that God’s Plan of life is the family and we were going to never change the way we lived our lives. We sacrificed for one another and dedicated our lives to the Lord that we might bring joy and happiness to someone in the audience with every show that we did. We prayed before every show that we might touch someones life for the better and show by example the love that we had among us and for them so that maybe someone would want to know the reason for the happiness, joy, peace and love that they saw and felt among us on stage. We had an act but our family of brotherhood and love for one another was no act! It was real and still is very, very strong and true today. It was hard being the eldest of the group and the so called, “boss”/”leader” with the responsibility of always trying to make sure we were well rehearsed and ready, and that we came up with an idea of something to do each week on the Andy Williams Shows because we were NOT on the show the next week if we didn’t! That alone made us work together and develop individual talents reaching inside to write songs, learn many different musical instruments, dance, develop our personalities and comedy wit with showmanship that others would want to see. We were not all Donny Osmond’s and never wanted to be but, we were pleased to be his brother as well as Marie’s and we were supportive and had a slogan that we were, “All for one and one for all”, even if we gave up our personal rock and roll careers. We didn’t care who was out front as long as it was an Osmond! I wasn’t even married 24 hours when Father insisted that I leave my wife Suzanne on my honeymoon and fly to Los Angeles with my youngest brother Jimmy to make sure he was well produced on a TV show that he was doing. Yes, we sacrificed for each other all right but so did our Lord Jesus Christ for all of us. He is our example and mentor. He is the way and the reason for all of the long hard working years we gave and why we lived righteously and never succumbed to the temptations of the flesh. Yes, there were opportunities to slip from our moral commitments but we stood against them together and individually with integrity and we tried to always live His ways and honestly worked hard to live it. No, we aren’t perfect but that’s why we came to earth; to learn. I wouldn’t trade a day of my life with my best friends, my brothers and Marie. And, let’s not forget our two older brothers who had to watch us from the wings because they were deaf. They were just as important as any one of us and they were our heros! And they knew it! After I posted this video, I went to bed but woke up knowing that I had to come down and share my heart and let everyone know that we honestly have NO REGRETS for the MOST wonderful years we could have ever lived together in the entertainment, recording, and television business world. We were rich, we were poor, we could live happily with very little and still can give and share what we have been blessed with to each other and know that, “where much is given, much is expected”. I feel our parents are watching us from up above more than entertainers and musicians but, as successful fathers and a Mother Marie, husbands, wife, with our children who are sealed to us and us to them for time and for all eternity. We plan on being together forever! What is that worth? As Mother would say, “More than tongue can tell.” We spent our lives in Show Business but it was NOT our Life! We don’t take any gold records or STUFF with us after we leave this world but, we DO take wonderful memories with broken hearts and contrite spirits and the oh, so many blessings and friends that we made and love. What we do take with us are our solid marriages, our individual families and the greatest memories and experiences that anyone could ever have had in this life with each other standing side by side, just as we sang with our first theme song. We may have been a little bit country, and a little bit Rock and Roll, but we are all a whole lot better people for having had the tests and trials that we had as well as the success and recognition that was profound. We could NOT have done it as individuals as well as we did do it as a family; an Eternal and a Forever Family! Alan Osmond |
Parasites Are Devouring The Host Culture
By Alan on Oct 10 in Blog tagged broke, parasites are devouring the host culture, paying taxes on this, sickening, why our country is so deep in debt | 2 Comments
Do you know why our country is so deep in debt?
Sickening at the least!!!!!!!!!!
No wonder California is broke!!!!
But it’s not just California……
Oh, now I finally know what I’m paying taxes!
As the woman says, “this is what the taxpayers are paying for”!
The video cannot be shown at the moment. Please try again later.
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“Yea, and when you do not cry unto the Lord, let your hearts be full, drawn out in prayer unto him continually for your welfare, and also for the welfare of those who are around you.” Alma 34: 27-28
John Greenhaight
For The Family
When I Say I’m Broke – I’m BROKE!
By Alan on Jun 04 in Daily Inspiration tagged broke, The Family, theFamily, vacume salesman | Comments Off
A little old lady answered a knock on the door one day, to be confronted by
a well-dressed young man carrying a vacuum cleaner.
“Good morning,” said the young man. “If I could take a couple minutes of your time,
I would like to demonstrate the very latest in high-powered vacuum cleaners.”
”Go away!” said the old lady. ”I’m broke and haven’t got any money!” and she proceeded to close the door.
Quick as a flash, the young man wedged his foot in the door and pushed it wide open…
”Don’t be too hasty!” he said. ”Not until you have at least seen my demonstration.”
And with that, he emptied a bucket of horse manure onto her hallway carpet.
“Now if this vacuum cleaner does not remove all traces of this horse manure from your carpet,
Madam, I will personally eat the remainder.”
The old lady stepped back and said, “Well let me get you a fork, ’cause they cut off my electricity this morning.”
“A poor man that oppresseth the poor is like a sweeping rain which leaveth no food.” Prov. 28: 3
“Blessed are the poor in spirit: for theirs is the kingdom of heaven.” Matt. 5: 3
Tom Osmond
For The Family
Trust The Government To Run Our Health Care System?
By Alan on Feb 02 in Blog tagged broke, energy, Failed, Fannie Mae, Freddie Mac, health care, Medicade, Morons, Nedicare, Postal Service, Poverty, Social Security, The Government, trust, Wal-Mart | Comments Off
Become a Zion People!
A Voice Of The People:
“Wal-Mart vs. The Morons”!
1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.
2. This works out to $20,928 profit every minute!
3. Wal-Mart will sell more from January 1 to St. Patrick’s Day (March 17th) than Target sells all year.
4. Wal-Mart is bigger than Home Depot + Kroger + Target +Sears + Costco + K-Mart combined.
5. Wal-Mart employs 1.6 million people, is the world’s largest private employer, and most speak English.
6. Wal-Mart is the largest company in the history of the world.
7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in mind they did this in only fifteen years.
8. During this same period, 31 big supermarket chains sought bankruptcy.
9. Wal-Mart now sells more food than any other store in the world.
10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had five years ago.
11. This year 7.2 billion different purchasing experiences will occur at Wal-Mart stores. (Earth’s population is approximately 6.5 Billion.)
12. 90% of all Americans live within fifteen miles of a Wal-Mart.
You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy.
To President Obama and all 535 voting members of the Legislature, It is now official you are ALL corrupt morons:
A. The U.S. Postal Service was established in 1775. You have had 235 years to get it right and it is broke.
B. Social Security was established in 1935.
You have had 75 years to get it right and it is broke.
C. Fannie Mae was established in 1938.
You have had 72 years to get it right and it is broke.
D. War on Poverty started in 1964.
You have had 46 years to get it right; $1 trillion of our money is confiscated each year and transferred to “the poor” and they only want more.
E. Medicare and Medicaid were established in 1965. You have had 45 years to get it right and they are broke.
F. Freddie Mac was established in 1970.
You have had 40 years to get it right and it is broke.
G. The Department of Energy was created in 1977 to lessen our dependence on foreign oil.
It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before.
You had 33 years to get it right and it is an abysmal failure.
Become a Zion People!
You may think that I am complaining, but I am really laying the ground work for suggesting that MAYBE we should hire the guys who run Wal-Mart to fix the economy.
To President Obama and all 535 voting members of the Legislature, It is now official you are ALL corrupt morons:
A. The U.S. Postal Service was established in 1775. You have had 235 years to get it right and it is broke.
You have had 75 years to get it right and it is broke.
You have had 72 years to get it right and it is broke.
You have had 46 years to get it right; $1 trillion of our money is confiscated each year and transferred to “the poor” and they only want more.
You have had 40 years to get it right and it is broke.
It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before.
You had 33 years to get it right and it is an abysmal failure.
You have FAILED in every “government service” you have shoved down our throats while overspending our tax dollars. AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN HEALTH CARE SYSTEM???
Sally Moody Bridges
For The Family
For The Family
