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The Cost Of Kidding Yourself

Tyler Durden's picture




 

Authored by Mark McHugh via Across The Street blog,

Five years ago, every American would have considered a trillion-dollar budget deficit a national tragedy.  If you believe the CNBC parrot show, NOT having a trillion-dollar deficit is now a sure sign of the Apocalypse.  I speak of course of the cleverly dubbed “Fiscal Cliff,” which panicked CNBC apologists are required to mention no less than 5,000 times a day.  We’re told ad nauseam that going over the cliff will drag the US into recession.  Here’s what we’re not told: The US has been in recession 9 of the last 10 years.  It’s in recession this year, and no matter what CNBC’s financial terrorists say or the idiots on Capital Hill decide, it will most certainly be in recession in 2013.

Creating the illusion of economic growth is easy if you can print money.  It’s a prank you can play on an entire country.  Cut the value of the currency in half and the economy’s size will appear to double.  If it doesn’t, you’re in recession (whether you know it or not).   Cavemen probably understood this concept better than America’s best economic minds.

The only way to accurately measure changes in a nation’s economy is to do so relative to the world (see Notes for non-nerds below before protesting).  According to the World Bank, the U.S. represented 31.8% of the world’s economic activity in 2001.  By the end of 2011, that share had dropped to 21.6%, meaning America’s slice of the world economy is 32% smaller than it was a decade ago, and getting smaller every day.  Note that America’s housing bubble did nothing to boost the U.S. on the global stage.

As horrific as these results are, they’re better than Japan’s, whose “lost decade” proved only to be prologue for its “lost-er decade.”  Japan’s share of the world economy fell more than 35% from 2001 to 2011 (literally worse than Zimbabwe) and has now shriveled 54% from its peak.  But Japan’s real collapse did not coincide with the bursting of its stock and real estate bubbles in 1990 and 1991 respectively.  The decline actually began in 1995 when policymakers allowed government debt to exceed 90% of GDP (a milestone the U.S. quietly passed in 2010). 

The more they “fixed” it, the more it broke.  17 years later, the only thing Japan has proved is that smart Japanese economists are about as real as Godzilla.  Time and time again, the country has chosen collapse over admitting failure. On November 19, 2012, Bloomberg reported, “The Japanese government will spend 1 trillion yen ($12.3B) on a second round of fiscal stimulus as it tries to revive an economy at risk of sliding into recession.”  It would be funny if it wasn’t so tragic.

The United Kingdom gets third place in the 2001-2011 major economies’ “Race to Oblivion”, although with a less than 3.5% share of world GDP it’s hard to call this a major economy with a straight face anymore.  While the U.K. printed its way to 24% loss in world GDP, France and Brazil both passed the nation where an actual troy pound of sterling silver now costs about 235 “pounds sterling”.  With government debt expected to reach 88.7% of GDP in 2012, once-Great Britain will soon be seated at the kids’ table at economic summits, if it gets invited at all.

All three of these countries are in death spirals for the same reason:  They believe that they have the ability to avoid recession by simply printing their own money.  As America’s 100-year numbskull (and current Federal Reserve Chairman) Ben Bernanke once mused:

“…the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.”

True dat, Ben….unless there’s “cost” associated with turning the nation’s currency into the world’s laughing stock….

Oh wait, there is.  So just for fun, let’s project the last ten years growth rates forward another ten years:

And there you have the real New World Order (sorry Freemasons).  In ten years China’s economy will be bigger than those of the U.S., Japan, and the U.K. combined.  What are the chances they will drink the same kool-aid we are presently guzzling?  Will they need, or even tolerate, the opinions spewed by our pundits and politicians?  And more importantly, will the U.S. dollar still be the world’s reserve currency?

Being a war-mongering banana republic isn’t all it’s cracked up to be, and despite what CNBC’s fast-money fuckwits may think, the stock market is not America’s report card.  Wall Street is the white elephant that America can’t afford to feed anymore and China doesn’t have the slightest interest in buying (just take a look at the Shanghai Composite).   Continuing to yield to its tantrums will undoubtedly destroy us.

Fun Facts:  Total U.S. GDP growth in the 20th century was $9.93 Trillion, while the  government accumulated $5.5 Trillion in debt.  In the 21st century, the US has borrowed $10.7T and has a grand total of $5.30T in GDP growth.

***

Notes for nerds: Most of the calculations presented were derived from data compiled by the World Bank which can be viewed or downloaded here.   World GDP was set to 100% and each country’s percentage determined simply by dividing by world GDP.   Japan’s debt as a percentage of GDP from Fred (225% was used for 2011).  Estimate of U.K.’s 2012 Debt/GDP from here.  U.S. GDP stats from USgovernmentspending.com (2012 estimate adjusted for 2% growth).  US debt from Debt to the Penny.

Notes for non-nerds:  How much World GDP changes from one year to the next depends entirely on what is being used to measure it.  For example, World GDP expanded by 109% from 2002 to 2011 in USD terms, but contracted (-59%) in terms of gold.  Using the Euro would produce different results (+59%), as would using barrels of oil (you figure it out).  Looking at countries relative to World GDP is an honest measure of their changes.  To say that Japan is still growing (at least in terms of Yen), but everyone else is growing much, much faster in terms of Yen distorts the reality that  Japan is undeniably shrinking relative to the world (no matter what currency is used).

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Wed, 11/28/2012 - 17:00 | 3018450 Cognitive Dissonance
Cognitive Dissonance's picture

Propaganda 101 - Control the language and you control the mind. (See Edward Bernays).

<Everything else follows from this simple and effective concept.>

Wed, 11/28/2012 - 17:08 | 3018475 DoChenRollingBearing
DoChenRollingBearing's picture

.

"Five years ago, every American would have considered a trillion-dollar budget deficit a national tragedy."

First sentence of the article.  I consider it a national tragedy even now.  A national disgrace really.  But so few care.  Bernays must be seizing the agenda...

Wed, 11/28/2012 - 17:21 | 3018493 Cognitive Dissonance
Cognitive Dissonance's picture

You can plug so many different 'things' into that type of statement. For example, ten years ago (nearly) every American would have considered (US) state sponsored torture a national tragedy. Now........meh......not so much.

<If you do not respect the rights of others, soon enough others will not respect yours.>

Wed, 11/28/2012 - 17:25 | 3018528 Hugh_Jorgan
Hugh_Jorgan's picture

Soros and his boy Obama LOVE those charts. After that is what it is all about now isn't it...

Wed, 11/28/2012 - 18:04 | 3018649 Michaelwiseguy
Michaelwiseguy's picture

Hillary Clinton: US Losing Information War to Alternative Media

http://www.youtube.com/watch?v=LyjnEm8DZkI&feature=youtu.be

Wed, 11/28/2012 - 18:07 | 3018656 TruthInSunshine
TruthInSunshine's picture

Yeahhhh, bitchez....they will shut the interWebZ down, piece by piece.

Although 95% of what is found on the internet is filler, the actual % of truth in that remaining 5% of substance is waaaay too much truthiness for them to counter, and the biggest threat to their official fairy tales, spun thusly and daily,

Wed, 11/28/2012 - 18:13 | 3018670 Shocker
Shocker's picture

Oh you definately been kidding youself, if you think the economy is a ok.

There has been a decline for several years now. Debts rising, companies going away, GDP slipping, Importing everything. Its a slow process but its getting to a point now

http://www.dailyjobcuts.com

-

Wed, 11/28/2012 - 18:17 | 3018684 Michaelwiseguy
Michaelwiseguy's picture

Let's just call mainstream media what it is and be done with it;

Brainwashing Mind Control.

Wed, 11/28/2012 - 19:06 | 3018805 Short Memories
Short Memories's picture

Cool! AU will have a bigger GDP than the UK !!

Classic!

Wed, 11/28/2012 - 19:16 | 3018839 BurningFuld
BurningFuld's picture

And Canada too! Can't wait.  I'm thinkin' Canada is underestimated as there are a lot of mega projects that are in the pipeline. If world GDP goes up as projected those projects will be required. Included: pipeline for oilsands to west coast and giant liquified natural gas ports on west coast. (Already underway..btw) 

Wed, 11/28/2012 - 22:08 | 3019201 Vagabond
Vagabond's picture

"The Cost of Kidding Yourself"... I like how Ben Bernanke is the first 2 tags.

Thu, 11/29/2012 - 00:55 | 3019423 Richard Chesler
Richard Chesler's picture

America’s best economic minds.

Must be a new term Obozo the corrupt banksters' stooge coined for "accomplices".

 

 

Thu, 11/29/2012 - 06:57 | 3019779 Enslavethechild...
EnslavethechildrenforBen's picture

The joke is on us. They're turning the U.S. into a 3rd world country right in front of us, in our faces, in broad daylight, and no one has the balls to stop the Bankerticians.

Wed, 11/28/2012 - 19:26 | 3018864 hidingfromhelis
hidingfromhelis's picture

@Michaelwiseguy # 3018649

Great link!  This segment pretty much sums it up:  There are other points of view, and those points of view are profoundly damgaging to a country that believes its point of view is the only point of view, or should be the only point of view.

Thu, 11/29/2012 - 04:53 | 3019683 Parrotile
Parrotile's picture

Seeing as a VERY big chunk of Aussie GDP is either mining related, or "Housing price bubble" related, and seeing as both of these major contributors are "doing it very tough" right now, I'd not be cheering in the streets just yet . . . . . (especially in mind of today's $5 billion cut in Rio Tinto's spending plans for next year)

Thu, 11/29/2012 - 05:34 | 3019722 awakening
awakening's picture

I don't think the person that compiled the above report was trying to be that accurate with regards to the Australian economy (I've already posted my thoughts elsewhere but in short my opinion is that we would all be pining for the good old days of 2012 come 2022).

Wed, 11/28/2012 - 19:56 | 3018928 MillionDollarBogus_
MillionDollarBogus_'s picture

Japan is successfully servicing old debt with new debt, at near zero interest rates.

This will go on indefinately.

What's the rumpus...???

Wed, 11/28/2012 - 20:05 | 3018951 TWSceptic
TWSceptic's picture

Probably /sarc but

This will go on indefinately.

 

Until it doesn't. Things always go great right before they go terribly wrong.

Wed, 11/28/2012 - 20:28 | 3019000 TruthInSunshine
TruthInSunshine's picture

Definitely sarc. And well played.

Wed, 11/28/2012 - 22:01 | 3019189 Stuck on Zero
Stuck on Zero's picture

Nothing can go wrong.  The U.S. owes between $60 trillion and $100 trillion in direct debt and obligations.  Current inflation is 5-10% which means we are extinguishing the debt at the rate of $5 trillion or more per year.  We can easily run deficits up to that amount with no problem.  The debt just goes away.  Wheee.  We're all saved.

/sarc

Thu, 11/29/2012 - 04:38 | 3019673 Oh regional Indian
Oh regional Indian's picture

Any way I say this MDBoGus, this is going to sound wrong...

The RumpUS is in the PumpUS.

Or is that the PumpUS is in the RumpUS?

AS CD said above, it's all about the language. More important than money control.

Lex meant letter in Greek.

Lex evolved to mean LAW in Latin.

Lex Romana WAS un-PAX Romana.

ori

http://aadivaahan.wordpress.com/2011/10/11/the-deep-perversion-of-language/

Wed, 11/28/2012 - 22:03 | 3019192 A Nanny Moose
A Nanny Moose's picture

Fuck 'em. Let em do it. This would, of course bankrupt the State. Impossible to tax with 0 income, 0 imports, 0 exports, 0 sales.

Thu, 11/29/2012 - 03:41 | 3019616 CheapBastard
CheapBastard's picture

Pull up almost any neighborhood on Zillow and you see hundreds of houses for sale, many in foreclosure or pre-foreclosure. These do not include the thousands of new houses for sale still flooding the market such as niorht of my old neighborhood where the builders are adding over 6,000 boxes to the already huge oversupply.

This does not include the 12,000,000 boxes in shadow inventory.

Thu, 11/29/2012 - 01:49 | 3019487 drunkenlout
drunkenlout's picture

Hils, you lose because you are not truthier.  It only costs big bucks to suppress truth.  You're spending 'em, without getting the (ugly) result. Letting low-cost reporters tell the truth is not expensive!  Being an evil, lying bitch is as expensive as we can make it for you.  

Wed, 11/28/2012 - 19:12 | 3018830 Silver Bug
Silver Bug's picture

The public needs to wake up and begin protecting their assets. IE buying gold and silver. I say good luck to that though.

 

http://ericsprott.blogspot.ca/

Wed, 11/28/2012 - 20:45 | 3019035 philipat
philipat's picture

But dey give me this phone......

Wed, 11/28/2012 - 22:06 | 3019197 A Nanny Moose
A Nanny Moose's picture

That Obamaphone video never gets old. E'body in Cleveland got Obamaphone!!

Wed, 11/28/2012 - 17:26 | 3018533 crusty curmudgeon
crusty curmudgeon's picture

"The politician, acting on a modified Keynesian maxim that in the long run we are all out of office, does not care if his successful cure of unemployment is bound to produce more unemployment in the future.  The politicians who will be blamed for it will not be those who created the inflation but those who stopped it.  No worse trap could have been set for a democratic system in which the government is forced to act on the beliefs that the people think to be true.  Our only hope for a stable money is indeed now to find a way to protect money from politics."  -F.A. Hayek

When Hayek wrote these words in 1976, there was only one difference than the way things are today--namely, that instead of trying to create employment, politicians are concerned only with lining their pockets before all hell breaks loose.  The only thing I know for sure is that the longer the trap goes unsprung, the worse off the poor animal will be who gets caught in its jaws. 

Wed, 11/28/2012 - 18:31 | 3018714 Renewable Life
Renewable Life's picture

Fuck Boehner, does that dipshit believe that if he acts MORE like a democrat, that he can win back the Latino and College kid crowd in the next election???  Sorry GOP, the Dem's have a corner on that market and frankly if you assholes dont pull your heads out of your Globalist Corporate asses, you'll not only never win another national election, you might not have a fucking party!! 

You fuck ups think you didnt win, because you weren't more latino like (whatever the hell that means) or the college kids thought you weren't "cool" enough? YOU FUCKING LOST BECAUSE NOBADY FUCKING BELIEVES ANYMORE, YOUR THE PARTY OF SMALL GOVERNMENT, LOW REGULATIONS, LOW TAXES, AND PERSONAL RESPONSIBILITY!!! 

Mark my words, you dumbfucks will lose the house by 50 seats in 2014, if your answer to getting your asses kicked, is completely throw in the towel and pull the curtain back, on the fact we live in a one party system (Globalist Corporate Party) and start acting MORE like democrats then you already do!!

What you better do, is make an announcement that your no longer interested in what people do with their own fucking bodies and in their own bedrooms, embrace ending the phony war on drugs and the trillions in spending it cost, tell the democrats to go fuck themselves on higher taxes and more spending, announce that your dead against the federal reserve policies of the last 5 years and support a full audit of the Fed and announce that if Bernanke doesnt stop devaluing the US Dollar, you'll wage war aginst that motherfucker until his term is up and then threaten to arrest that cocksucker the minute he is a private citizen again! Tell the Arab Oil Cartel to go fuck themselves too, embrace renewable energy and American natural gas as America's new energy policy, and support a shrinking quota on importing of foreign oil over the next 10 years until we are importing zero. Tell China, your not in support of anymore trade agreements that dont have equal access clauses in them, meaning if you want to export to America a trillion dollars worth of cheap shit, thats fine, but American Companies will also get a trillion dollars worth of exports to your consumers, etc etc........ and I'm sure i could go on for another hour, but you get the point!

You GOP assholes do this and not only would you save your sorry ass party from extinction, you would fucking win the Senate, keep the House, and win the Presidency in 2016!!  You don't........and you wont even be a national party by 2016!

Wed, 11/28/2012 - 19:18 | 3018843 Bicycle Repairman
Bicycle Repairman's picture

down arrows on the above post = retards

Wed, 11/28/2012 - 19:44 | 3018907 I think I need ...
I think I need to buy a gun's picture

 I'M PRINTING THAT ONE!!!

Thu, 11/29/2012 - 00:00 | 3019369 wisefool
wisefool's picture

I am going into the WHIG business!!!!

Thu, 11/29/2012 - 06:03 | 3019741 mkkby
mkkby's picture

It's fairly obvious that any party could take 80% of the vote by honestly addressing our problems in a logical, freedom-oriented Ron Paul like manner.  But the bankers won't allow that and they run the show.  So it remains a show -- a clown show -- that turns half of us away from bothering to vote.

If we want our freedom and country back, we literally have to remove elite/business dominance of politics.  Since a system like that has never existed and never will, each of us must protect ourselves the best we can -- GOLD BITCHEZ.

Thu, 11/29/2012 - 00:00 | 3019350 CrockettAlmanac.com
CrockettAlmanac.com's picture

 

down arrows on the above post = retards

 

Those who oppose any kind of planned economy (embrace renewable energy and American natural gas as America's new energy policy, and support a shrinking quota on importing of foreign oil over the next 10 years until we are importing zero) are retards?

And does embracing "American natural gas as America's new energy policy" mean that the state of Pennsylvania will continue to use environmental regulations to allow drillers to poison the wells of my neighbors?

 

The Pennsylvania Department of Environmental Protection produces incomplete lab reports and uses them to dismiss complaints that Marcellus Shale gas development operations have contaminated residential water supplies and made people sick, according to court documents.

 

 

http://www.post-gazette.com/stories/local/state/lawmaker-challenges-pa-d...

Thu, 11/29/2012 - 01:04 | 3019437 Dr. Sandi
Dr. Sandi's picture

People who get sick from the effects of fracking make me sick.

Thu, 11/29/2012 - 01:26 | 3019459 Renewable Life
Renewable Life's picture

Ok dude, I understand we don't live in a perfect world, but WHAT is your answer to a one trillion dollar military budget, that primarily goes to protecting oil interest in the middle east, its shipping lanes, and its governments!! Another 300 billion dollars a year in wealth exporting that individuals pay to fill their tanks in this Country on imported oil???  And don't give me that bullshit about domestic production in Canada, Mexico, and the US! We have already started exporting oil, because the shit wont go below 90 dollars a barrel with no inflation, its a finite resource man, you either find a competing alternative or we are all fucking dead! Ask the Debears Diamond people about that shit! It doesn't matter how much there "REALLY" is, its about controlling the supply and monopolizing production, transportaion, and distribution!  The oil industry did that shit 40 years ago, they decide what the fuck you pay, not the free market! And as more oil is discovered, it will be not reported, or manipulated as too keep the current price structures in place, or higher prefferably for them!  Its a vampire industry, dont kill the subject, but just keep them weak enough, so they can keep sucking that blood (money) from you forever! 

If you dont like renewables or Nat gas, then fucking come up with something else, because the oil industry needs a a real threat to its exsistence, anything else and where all dead! 

Thu, 11/29/2012 - 01:49 | 3019469 CrockettAlmanac.com
CrockettAlmanac.com's picture

 

 

Ok dude, I understand we don't live in a perfect world, but WHAT is your answer to a one trillion dollar military budget, that primarily goes to protecting oil interest in the middle east, its shipping lanes, and its governments!!

 

My answer would be to end it.

 

Another 300 billion dollars a year in wealth exporting that individuals pay to fill their tanks in this Country on imported oil???

 

Those foreigners would be wise to convert that revenue to tangible goods.

 

 And don't give me that bullshit about domestic production in Canada, Mexico, and the US! We have already started exporting oil, because the shit wont go below 90 dollars a barrel with no inflation, its a finite resource man, you either find a competing alternative or we are all fucking dead!

 

Planned economics impedes sustainable development.

 

Ask the Debears Diamond people about that shit! It doesn't matter how much there "REALLY" is, its about controlling the supply and monopolizing production, transportaion, and distribution!  The oil industry did that shit 40 years ago, they decide what the fuck you pay, not the free market! And as more oil is discovered, it will be not reported, or manipulated as too keep the current price structures in place, or higher prefferably for them!  Its a vampire industry, dont kill the subject, but just keep them weak enough, so they can keep sucking that blood (money) from you forever!

 

All that is done courtesy of the government working on behalf of their constituents in the energy industry. That's the heart of central planning.

 

If you dont like renewables or Nat gas, then fucking come up with something else, because the oil industry needs a a real threat to its exsistence, anything else and where all dead!

 

No one can just "come up with" technological innovation on demand. That's the market's job.

The market's respect for private property is opposed by those in government who use legislation and regulation to socialize the costs of various types of energy. Government says that private well owners must drink poison so that gas companies and customers can gain greater benefits than they would otherwise enjoy. Get government out of the economic subsidy and regulation business and the true costs and benefits of various industries will be revealed. Then we'll know what's really economical and what is not and individuals can make decisions based on reality.

Thu, 11/29/2012 - 04:43 | 3019678 Renewable Life
Renewable Life's picture

Boy that sounds so pretty, I almost thought I was back in college, listening to my professors describe the world of economics in clean and perfect terms, theory at its finest!!!

Now here's the cold hard truth about the streets and the jungle we live in, otherwise known as the oil industry!! There is no fucking free market in the global oil industry! Here's some of the top oil producing and exporting Countries on Earth:
Saudi Ariabia - Theocratic Dictatorship
Iran - Theocratic Dictatorship
Venezuela - Socialist Democracy
Mexico - Drug cartel controlled oligarchy
Russia - Mafia controlled obligarchy
Canada- parliamentary democracy
USA - one party democracy

Now of those players, who's up for free market capitalism and innovation providing solutions, thru its natural evolutionary tract, under free market principles and conditions!! That's fucking fantasy man, in order for a free market to work properly, you have to first have a universal buyin by all the interested parties, on the conditions and principles, that everyone must obey!! Without this buyin, your theory is rubbish! This is also why global capitalism as its sold to us everyday, is fucking rubbish too!! Americans are playing this game with one hand tied behind their backs, and we can't figure out why we are getting our asses kicked on a daily basis!!!

Thu, 11/29/2012 - 18:27 | 3022057 CrockettAlmanac.com
CrockettAlmanac.com's picture

Then the answer is obvious. Find your self a sugar daddy like Obama or Romney and get busy kissing his ass. That's the alternative for those who refuse to support the freedom of the individual. Enjoy!

Wed, 11/28/2012 - 19:20 | 3018846 TwoHoot
TwoHoot's picture

+ 1000

Wed, 11/28/2012 - 19:21 | 3018850 BurningFuld
BurningFuld's picture

Rewnewable Life..2016!!!  Love it!

Wed, 11/28/2012 - 19:26 | 3018867 boogerbently
boogerbently's picture

.....or become better bullshitters.

Wed, 11/28/2012 - 20:12 | 3018962 crusty curmudgeon
crusty curmudgeon's picture

Okay, I follow you on most of your points...but where do you come up with the need for an "equal access clause" with China?

In a free market, there is no such need.  It's like requiring equal access between a grocery store and its patrons. 

This seems to stem from the fallacy that exports are better than imports.  Perhaps you could benefit from reading Henry Hazlitt's classic, "Economics in One Lesson."

Thu, 11/29/2012 - 01:04 | 3019439 Renewable Life
Renewable Life's picture

If all things were equal, you'd be right, however the Chinese domestic market in 10-15 years, will be three times the size of the current American domestic market today, and MORE importantly the Chinese Government is a Communist government, they aren't playing by Henry's Hazlitt's or Adam Smith or Rand's rules! So you either wake up to that reality today (ten years too late BTW) or we continue to get our asses handed to us with the trade imbalances we have today, which will get worse as the communist government in China continues to favor domestic companies, to fill their growing domerstic needs! There wont be any fucking free market in that scenerio!  Oh but they will want to continue to export out the ass to the USA, you can bet on that! Because until now, our corporations and politicians have been acting like crack addicts desperate for a cheap labor fix, instead of looking at this relationship for what it is!  

I wish we lived in a real free market global economy too, but we dont!

Thu, 11/29/2012 - 10:01 | 3020107 crusty curmudgeon
crusty curmudgeon's picture

This type of "two wrongs make a right" or "ends justify the means" mentality IS the problem.  You are part of the very problem you rant against.

Fri, 11/30/2012 - 02:00 | 3022904 Renewable Life
Renewable Life's picture

I disagree, I'm simply pointing out, that we have two choices in the globalist corporate economy. Either have NO trade agreements with Countries who do not reflect our political and individual values ( which I'm ok with) OR stop acting like we can have a free market environment, with free market principles and conditions, while trading with Communist, Dictators, Obligarchs, and Theotractic Dictators! I'm all for abolishing every trade agreement with Countries who don't promote, reflect, and protect our values, however its obvious that our Corporate CEO's, Politicans, and a majority of our population don't agree, so at least can we get the best deal for both the American worker and taxpayer???

It's called dealing with the world you live in, not pretending to live in the world you want to!

Wed, 11/28/2012 - 20:36 | 3019012 mirac
mirac's picture

While making some good points, I am afraid that there won't be a government in 2014.  What ever will be happening, will be ugly!

Wed, 11/28/2012 - 22:43 | 3019261 samcontrol
samcontrol's picture

lol zhers .,,funny.

Wed, 11/28/2012 - 23:46 | 3019356 CrockettAlmanac.com
CrockettAlmanac.com's picture

 

 

I am afraid that there won't be a government in 2014.

 

I'm afraid I'll win the Powerball jackpot.

Thu, 11/29/2012 - 01:05 | 3019441 Dr. Sandi
Dr. Sandi's picture

Angus, do me a favor. BUY A TICKET!

Do NOT follow this link or you will be banned from the site!