sábado, 10 de septiembre de 2011

America's Wasteful Government, By Roger Behra

SHORT COMMUNICATION 275

America's Wasteful Government

By

Roger Behra



America is in very serious financial trouble, and it is staring Washington squarely in the face. And the inexperienced American president does not know how to get the ball rolling in the right direction. Unless a very quick and meaningful solution is formalized before August 2, 2011, a catastrophic default will take place. America owes $14,343,010,710,537.58 ($14.3 Trillion) in bills. How that could ever be let to happen is beyond conception when Washington takes in more than enough money in taxes to sensibly pay the bills. All the arrows point in the direction of monumental waste that has been going on unbeknown to the average American taxpayer, for the past 25 years. America owes an unbelievable amount in bills.

If $14.3 trillion dollars was divided up equally each American would receive $45,000. If $14.3 trillion dollars was divided up equally each person on earth would receive $1,799. These numbers give everyone a clear idea of just how great America's debt really is. It's gargantuan! And a large portion of this debt is pure waste.

The U.S. Government simply does not know how to intelligently and correctly spend the money it receives in taxes and fees. The misspending and outright wasteful spending is inconceivable. The space program is one area. One launch costs $1.5 billion. The total over it lifetime is $196 billion. Americans have not benefitted from that large expenditure. The wars in Vietnam, Iraq, Pakistan, and Afghanistan have cost trillions of American dollars with little benefit to Americans. The bail out of AIG cost $182 billion. It cost $45 billion to rescue General Motors, $90 billion to save Bank of America and Citigroup from going under, and $12.5 billion to keep Chrysler Motors afloat. And then their are so many other various reasons money was spent that totaled into the billions helping states and cities that caused self-inflicted debt. And the bang for all these bucks has been very disappointing.

Meanwhile, 2011, millions of Americans are unemployed. Millions of Americans go to bed hungry. Washington does not know how to repair the economy while billions are spent weekly on foreign wars. All the political people think about is sticking the taxpayer with more taxes and fees. Wasteful spending and higher taxes very simply has to STOP! NOW!

When the wealthiest nation on earth is almost unable to pay it's bills and ready to raise taxes and fees on the very people who supply the money that is misspent and wasted and are unemployed and go to bed hungry, something is drastically in need of change. America is on the ropes: financially and otherwise. And along with all the needed changes, a new song has to be composed to replace, "God Bless America". It should say, "God Save America", because that is what it is going to take very soon: God saving America. The politicians are unable to do so.

R. B.