Friday, April 10, 2009

The Deficit and the resulting Future Fallout


Have you seen the Deficit news?

The US budget deficit hits almost one trillion dollars in the first half of the current fiscal year, according to figures released by the Treasury. 

The deficit for the first six months of the fiscal year which began on October 1 was 956.80 billion dollars, said the Treasury's monthly statement of receipts and outlays. 

Much of the increase in outlays in March came from extraordinary investments by the government in banks and Fannie Mae and Freddie Mac, loans to credit unions, and increased spending from the stimulus package for unemployment insurance and Medicaid. Some of those investments should be repaid over time, but the government is booking them as cash expenses for now. 

In March, Fannie Mae received $15.2 billion, Freddie Mac received $30.8 billion, and unemployment benefits totaled $10.6 billion. 

Receipts during the six-month period to March 2009 period was 989.83 billion dollars while outlays amounted to nearly 1.95 trillion dollars, the data showed. 


What would the figure be if we added interest?  In addition, our government is still trying to grant Amnesty to Illegal Aliens thus rewarding criminal acts and hurting our own citizens.  With the continued influx of legal immigration can you imagine the future? Sky high prices severely overcrowded schools American children will be no better off then the places sending us all their people. 

In the 1940' and 50's children practiced drills to be used in case of Atomic fall out,  in areas surrounding the cities (they were not known as suburbs then) and in rural areas many people even had fall out shelters they dug into their yards the fear was of fallout from bombs being dropped from the sky.
 
With this kind of spending the fallout from economic bombs being dropped right now coupled with the legalizing of real numbers not government shadow numbers of Illegal Aliens of around 30 million not counting the extended families that will become eligible to live here and suck off the benefits the fallout will be substantially reduced standards of living and severe hardships this is not a drill this is happening now and what will you be able to teach them to lesson the potential of great harm how to barter or beg? Don't tell me we need them to pick tomato's robots will be doing those jobs all they will be doing is further sucking off taxpayer dollars.

In many parts of our country we have already had severe water shortages adding millions of Illegal Aliens and keeping the legal immigration at the rate it is I envision the future to be like the old sci-fi movies of people roaming around some mutated from having been in contact with contaminated remnants or being caught somewhere when a wind swept by leaving them alive but forever changed so too will the children of America's future roam only having been ravaged by slovenly pigs whose spending and lack of common sense created an over crowded cesspool and economic ruin.

Lori



Robots for picking tomatos
Deficit
Rewarding criminals through Amnesty

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