Saturday, December 19, 2009

WARNING OBJECTS MAY BE CLOSER THAN THEY APPEAR

Our money is allocated and distributed (i.e., spent) through Appropriations Bills passed by The U. S. Senate and signed by the President. The following is a VIP (very important point) our Government does not have any money, it takes our money from us, and if not enough, borrows more, then spends it! The "bailouts of 2008 and 2009" are absolutely deficit spending. Expect to see enormous deficits as we march toward the financial cliff. These enormous deficits merely pile up much more debt; and interest payments on that debt will become the largest item in the federal budget ... $1 out of every $12 dollars of the budget







2010 ELECTION CYCLE