Tuesday, May 29, 2007

Governmental Accounting makes Enron look "clean"

Please read this piece from USA Today:

The US Government is doing its level best to convince Americans that everything with the US economy is fine. This is a bald faced lie and this lie is being told by both Democrats and Republicans with disturbing regularity.

The truth of the matter is that our economy is on an unsustainable course and our politicians do not care, as long as they are re-elected.

Our Government has made numerous promises that it cannot keep.

The Government has to be put on a "diet" and we need to immediately cut Governmental spending.

Mike Sylvester


Anonymous said...

All is going according to plan.
Bankrupt the USofA is the goal.
You can get rid of all the social programs for 80% of the country (poor and middle class). Top 20% has enough $$ to weather the storm. Top 2% of the Top 2% is still in control everything and can get richer (more power), do to the 80% willing to do just about anything to eat.

Short attention span culture does not even realize this is happening.
New gaggets and self centerness keeps most blind to what the country is becoming.
Sad, sad day is coming down the pipe. If I'm lucky I wont see it, but my kids will for sure.
End Rant


Jeff Pruitt said...

My favorite quote:

"it can be misleading to focus on the government's unfunded liabilities because Medicare's financial problems overwhelm the analysis."

Uh, isn't that the point?

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