News
news US Military Taking Action in Response to Climate Change
news Largest Sunspot in Decades Sending Solar Flares at Earth
news Connection Between Easter Islanders and Native Americans Revealed
news The largest city in Brazil is running dangerously low on water
news Why is the Pentagon stuffing caves in Norway full of tanks?
news Japan warns of increased activity at volcano near nuclear plant
news Colossal volcanic eruption could destroy Japan: study says
news Here are the best times to watch tomorrow’s partial solar eclipse
news Canadian Police Search for Multiple Gunmen Following Shootings at Parliament and the National War Memorial
news Japan firm showcases Bat-Signal of the future
news Mystery Flying Man Spooks Pilots over Britain

Advertisement
Username:
Password: or Register
 
Thread Rating:
  • 3 Vote(s) - 2.33 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Fiscal cliff explained
SpiritMasonChazz
Registered User
User ID: 141695
12-22-2012 06:00 PM

Posts: 660



Post: #1
Fiscal cliff explained
Advertisement
U.S. Tax revenue: $2,170,000,000,000
Fed budget: $3,820,000,000,000
New debt: $1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cuts: $38,500,000,000

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

Annual family income: $ 21,700
Money the family spent: $ 38,200
New debt on the credit card: $ 16,500
Outstanding balance on the credit card: $ 142,710
Total budget cuts so far: $ 38.50
Quote this message in a reply
Advertisement

akhenaten
Registered User
User ID: 79337
12-22-2012 06:06 PM

Posts: 1,340



Post: #2
RE: Fiscal cliff explained
MoonChildChazz  Wrote: (12-22-2012 06:00 PM)
U.S. Tax revenue: $2,170,000,000,000
Fed budget: $3,820,000,000,000
New debt: $1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cuts: $38,500,000,000

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

Annual family income: $ 21,700
Money the family spent: $ 38,200
New debt on the credit card: $ 16,500
Outstanding balance on the credit card: $ 142,710
Total budget cuts so far: $ 38.50

Looks like MOST American's budgets. Most fools can't seem to live within their means. I know people at my office who are making $75,000/yr (not including the 12% bonus and bennies) that are broke the day after payday. 40% of all Americans have NO savings whatsoever. I know it;s hard these days, but damn...budget much?

User ID: 157962- to "an unlearned man"
"I would guess you have a book case which contains greater than zero but less than two books. "

In a time of universal deceit - telling the truth is a revolutionary act.
George Orwell
Quote this message in a reply
Luvapottamus
Registered User
User ID: 139225
12-22-2012 06:11 PM

Posts: 31,450



Post: #3
RE: Fiscal cliff explained
http://www.youtube.com/watch?v=c91usT4P1u0

Fiscal Cliff is contrived bullshit. Might as well be a cartoon.

http://www.youtube.com/watch?v=aW9oKt6vT-w

Truthout Radio host, Ted Asregadoo, speaks to Ellen Brown about the "Fiscal Cliff" and creative ways to avert it.

http://www.youtube.com/watch?v=LVFch_xOH4o

There is no such thing as sovereign debt. Nationalize monetary policy at the FED, reinstate Greenbacks.
Wall Street Sales Tax http://www.youtube.com/watch?v=Vb5OQUElilo
United Front Against Austerity
Quote this message in a reply












Contact UsConspiracy Forum. No reg. required! Return to TopReturn to ContentRSS Syndication

Valid XHTML 1.0 Transitional Valid CSS 2.1