POLITICAL: BHO44 SOTU long on words; short on meaningful debt reduction

http://www.wnd.com/index.php?fa=PAGE.view&pageId=255325#ixzz1C9GPMNFb  

And the debt bomb ticks on
Posted: January 25, 2011
Pat Buchanan

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Undeniably. Yet, consider.

The federal deficit for the fiscal year 2011, which ends Sept. 30, is projected at between $1,200 billion and $1,500 billion.

Thus, the $100 billion in cuts the firebrands are pushing, and few think they will get, add up at best to 8 percent of the deficit and 2.5 percent of the $3.87 trillion budget Obama proposed.

Thus, at best, this Congress will only slightly reduce the rate of speed at which we are heading toward a debt default.

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I heard a lot of “investment”, “infrastructure”, and other pie in the sky.

Even the Tea Party “firebrands” aren’t cutting big enough.

And, they insist on using the Federal Reserve Bank Notes, mislabeled “dollars”.

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AN ASIDE

http://en.wikipedia.org/wiki/United_States_dollar

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In 1792 the U.S. Congress adopted legislation titled An act establishing a mint, and regulating the Coins of the United States. Section 9 of that act authorized the production of various coins, including “DOLLARS OR UNITS—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver”.

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RESUMING

I’d suggest that the Debt Limit NOT be raised. Close the “credit card”.

I’d suggest that we need to go back to 30 year Treasury bonds.

I’d suggest that we issue special 50 or 100 year debt reduction bonds to amortize the debt.

I’d suggest that we go back to “Constitutional money” and end the FED.

But what do I know!

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FUN: Funny Clock; was in my book

http://www.instructables.com/id/Lunchtime-Clock/

Lunchtime Clock

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Have you ever wished lunchtime were longer, but didn’t know where to find those few extra minutes? Well, wish no longer!

Thanks to great in advances in clock technology, I present to you a clock that speeds up 20% every day at 11:00 and slows down 20% every day at 11:48, giving you an extra twelve minutes of lunch to enjoy. Twelve minutes may not seem like a lot but, to put it into perspective, this is a full additional hour of lunchtime gained every week.

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I laughed when I read this. I had a similar “funny clock” in my book.

“Appropriately moved, Saint Taq thanked the Lord for the ‘funny clock’. He anticipated their need in His plan. It was beautiful to see the Lord’s Grace move the human heart; Jody was now really praying and meaning it. It was also interesting to note that human’s are such a trusting lot. No one had a watch. Everyone believed in an external reality. It was a very clever piece of engineering. It did keep a 24 hour cycle, but it slowed at “night” and sped up during the “day”. The shelter’s designers were working on the concept of having the shelter occupants sleep 20 hours per day to relieve the boredom. They hadn’t worked it all out, but it was interesting. Only at ‘noon’ did the clock match the external world. It ran its fastest close to ‘noon’; slowest around ‘midnight’. No wonder the fire teams thought the night watch ‘would never end’. After less than a day, they were sleeping two hours more. Everyone was so busy during the ‘day’ because it was a ‘short’ day. TAQ petitioned the Lord to grant Jody the gift of Courage to reduce to two meals per day. Otherwise on Exit Day, they were going to have some very fat kids.” — CHURCH 10●19●62 Volume 1 Page 74

No new ideas.

LOL!

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Categories FUN