seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years


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Thursday, January 19, 2012

Understanding the federal budget and debt ceiling

>Food for thought..... This puts our budget into a much better perspective

Why the U.S. was downgraded:
* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000

Let's now remove 8 zeros and pretend it's 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

Got It ?????>

OK now Lesson # 2:
Here's another way to look at the Debt Ceiling:
Let's say, You come home from work and find there has been a sewer
backup in your neighborhood....and your home has sewage all the way up to your ceilings.
What do you think you should do ......>
Raise the ceilings, or pump out the crap?

> Your choice is coming Nov. 2012


Are you prepared for the coming collapse? How do you plan to feed your family? When your dollar is worthless, and the government has confiscated your gold, how will you buy food?

I found a way to prepare for it now, I get my freeze dried survival foods with a 20 year shelf life at:

    IBO_Logo_black_square_web

    You don’t have to buy a years worth at a time, you can build your reserves incrementally with auto-ship so you don’t have to make a big expenditure up front.

    Warn your friends so they can be prepared too, tell them about GoFoods !

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