Quote of the Day

It is difficult to free fools from the chains they revere. -- Voltaire

Fiscal Cliffs and Debt Ceilings

"Fiscal Cliff" put in a much better perspective.

Lesson #1

US Tax revenue: $2,170,000,000,000
Federal Budget: $3,820,000,000,000
New Debt:       $1,650,000,000,000
National Debt: $14,271,000,000,000
Recent Cuts:       $38,500,000,000

Let's remove 8 zeros and pretend it's a household budget:

Annual family income:      $21,700.00
Money the family spent:    $38,200.00
New debt on credit card:   $16,500.00
Outstanding card balance: $142,710.00
Total budget cuts so far:      $38.50

Lesson #2

Let's say you come home from work and find there's been a sewer backup in your neighborhood and your home has sewage all the way to your ceilings.

What do you think you should do? 
a) Raise the ceilings
b) Remove the shit

Quote of the Day

They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.  -- Benjamin Franklin

Quote of the Day

“The most foolish mistake we could possibly make would be to allow the subject races to possess arms. History shows that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by so doing.” - Adolph Hitler