Sunday, June 26, 2011

America’ Pending Constitutional Crisis

            The exculpating national debt is frightening! It puts every aspect of American life at risk. Yet, the liberals in government keep spending irresponsibly.  The conservatives attempt cutting federal programs and bureaucracy. The two political parties are at loggerheads, leaving an impasse/ stalemate. 

            The crisis extends to boarder security, natural resources, with the Chinese are drilling for oil in the Gulf of Mexico, three wars on different fronts, national health care, unemployment rising to 9.2 % with companies’ exiting  the county, U.S. Postal Service, drug wars in cities, and you can add more danger signs.
            As proven in the past, electing new or different Congressman and Senators ain’t cutting the mustard. Voters are replacing on fat cat with another. The problem rests with inept, limp, powerless voter power. Any voter can go into a voter boot, cast an official ballot, elect the most desired official, but what happens?  …“ Power corrupts; absolute power corrupts absolutely”.  These privileged citizens leave their districts, flying into D.C., and juice up their money machine, $$$$$: billions and billions $$$$.
            Because so much is at stake, because national issues are so serious, a constitutional crisis is on the horizon. Small states will revolt, wanting to cede from the Union.  The little guys know America cannot sustain this national mess. Big states control congressional votes, caucuses, and the federal budget. Small states are left with paying their money to gluttonous, greedy Washington, D.C.
            Our national debt is so overwhelming that 24 % of our Gross National Product income goes to paying our credit card.  This fact ain’t what our Founding Fathers welded together in Philadelphia, 1789. This ain’t the agreement states were guaranteed when they ratified the Constitution. What citizens are left with is a fat hog wearing lipstick, and each elected official is telling voters that this fat-ass hog can fly.
            I received the following e-mail, which graphical illustrates our pending doom.   Neither Democrats nor Republicans have the fortitude for realistically grapping our pending doom.  We were promised Hope and Change.  The change is shown in the chart, but the hope is that it does not get any worse. 

                                After two years of Obama, here’s your change:

January 2009  January 2011  % chg  Source
Avg.. Retail price/gallon gas in U.S.  $1.83  $3.44  84%  1
Crude oil, European Brent (barrel)  $43..48  $99..02  127.7%  2
Crude oil, West TX Inter. (barrel)  $38..74  $91..38  135.9%  2
Gold: London (per troy oz.)  $853.25  $1,369.50  60.5%  2
Corn, No.2 yellow, Central IL  $3.56  $6.33  78.1%  2
Soybeans, No. 1 yellow, IL  $9.66  $13..75  42.3%  2
Sugar, cane, raw, world, lb. Fob  $13..37  $35..39  164.7%  2
Unemployment rate, non-farm, overall  7.6%  9.4%  23.7%  3
Unemployment rate, blacks  12.6%  15.8%  25.4%  3
Number of unemployed  11,616,000  14,485,000  24.7%  3
Number of fed. Employees  2,779,000  2,840,000  2.2%  3
Real median household income  $50,112  $49,777  -0.7%  4
Number of food stamp recipients  31,983,716  43,200,878  35.1%  5
Number of unemployment benefit recipients  7,526,598  9,193,838  22.2%  6
Number of long-term unemployed  2,600,000  6,400,000  146.2%  3
Poverty rate, individuals  13.2%  14.3%  8.3%  4
People in poverty in U.S.  39,800,000  43,600,000  9.5%  4
U.S.. Rank in Economic Freedom World Rankings  5  9  n/a  10
Present Situation Index  29.9  23.5  -21.4%  11
Failed banks  140  164  17.1%  12
U.S.. Dollar versus Japanese yen exchange rate  89.76  82.03  -8.6%  2
U.S.. Money supply, M1, in billions  1,575.1  1,865.7  18.4%  13
U.S.. Money supply, M2, in billions  8,310.9  8,852.3  6.5%  13
National debt, in trillions  $10..627  $14...052  32.2%  14

(1) U.S. Energy Information Administration; (2)
Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. Of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundationand WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury

1 comment:

Dan said...

Tea Party Republican Candidates: "Let's have limited government"

Tea Party Republicans in Congress: "Let's have limited government so we can raise the debt ceiling."

What a joke.