You can almost stand up now and forecast what the whole 2012 Presidential election will be about, and it's not going to be the typical election talk that most of us are used to.
No matter what comes out of this debt ceiling talk now....we know that the President insists that we don't revisit this topic until the middle of 2013. Well....come September and October of 2012 as we get down to the nasty talk of who to vote for in November of 2012....cutting the budget will end up as topic number one.
We will likely get to a point people start listing the demise of NPR and various government agencies....as their "promise" if they win. For the White House team....it will become an event that they hate day by day. They won't be happy to stand up and just talk vague concepts....avoiding the promises of what to cut. They'd like to talk about massive military cuts, but that's to upset the independent voters that they had in their pocket for 2008's election.
So back and forth this will go....who will cut more, over and over. Foreign donations that we hand out currently? I'm guessing that a number of countries are looking at the virtual end of their US billions by the summer of 2013. I'm guessing that NPR will be shocked in the spring of 2013 as they now have to figure out the way ahead, without government funding. I'm guessing that the SEC might be shocked at some order to downsize by half and then figure what they can or can't do. The Pentagon? I'm thinking that some talk will finally occur about the US forces leaving South Korea, Japan, Germany, Italy, England, etc. IRS? The IRS folks might be told to consolidate and accept a ten percent cut in manpower.
Usually, in an presidential election year.....it's promises to enlarge that you hear. We will give you more money for this, and dump more money into Social Security. We will pump billions into education. We will help the poor and old of America.
Well....prepare yourself for the most unique presidential election that we've had in two hundred years. You will likely vote for the guy who actually promises to cut the most....which might shock the news media, and bring you a totally different picture by the summer of 2013.
Sunday, 31 July 2011
You Know There's Something Wrong....
You know there's something wrong when you can name more senators and congressmen, than quarterbacks in the NFL.
You know there's something wrong when you are fully prepared to borrow $20k to buy a speedboat, yet you owe over $350k already for your house, the two cars, the $15k kitchen you bought last year, the college education for your daughter who got a liberal arts degree, and the trip to Vegas where you lost $10k at slots back in April.
You know there's something wrong when a 28-year old reporter from the New York Times is writing high impact articles on the economy....but never took a single course in economics while in college.
You know there's something wrong when your senator stands up to speak, and spends ninety-five percent of his twenty minutes....blaming folks.
You know there's something wrong when you bring a broke item back to the store and insist on the warranty falling into place....then being told that there's a time schedule in place....so the most you can get back for the broke item is half what you paid.
You know there's something wrong when an investor's service....like Moodys....is actually holding the "balls" of the nation in their hand and could flip the bond ratings down a notch from AAA.
You know there's something wrong when someone mentions settling the NFL strike is more important than settling the debt ceiling situation.
You know there's something wrong when your wife is starting to quote Matt Lauer of the Today Show like he was JFK.
You know there's something wrong when you start to realize that Canada might be in better financial shape, than the United States of America.
You know there's something wrong when you realize that you could actually live off fairly well off eighty percent of the money that you are currently spending, and you try to imagine the same "fit" for Congress and the Senate.
You know there's something wrong when you are fully prepared to borrow $20k to buy a speedboat, yet you owe over $350k already for your house, the two cars, the $15k kitchen you bought last year, the college education for your daughter who got a liberal arts degree, and the trip to Vegas where you lost $10k at slots back in April.
You know there's something wrong when a 28-year old reporter from the New York Times is writing high impact articles on the economy....but never took a single course in economics while in college.
You know there's something wrong when your senator stands up to speak, and spends ninety-five percent of his twenty minutes....blaming folks.
You know there's something wrong when you bring a broke item back to the store and insist on the warranty falling into place....then being told that there's a time schedule in place....so the most you can get back for the broke item is half what you paid.
You know there's something wrong when an investor's service....like Moodys....is actually holding the "balls" of the nation in their hand and could flip the bond ratings down a notch from AAA.
You know there's something wrong when someone mentions settling the NFL strike is more important than settling the debt ceiling situation.
You know there's something wrong when your wife is starting to quote Matt Lauer of the Today Show like he was JFK.
You know there's something wrong when you start to realize that Canada might be in better financial shape, than the United States of America.
You know there's something wrong when you realize that you could actually live off fairly well off eighty percent of the money that you are currently spending, and you try to imagine the same "fit" for Congress and the Senate.
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