Political Commentary & Cartoons

Tuesday, June 16, 2009

HOW DO WE GET ANY CONCEPT OF THE AMOUNT OF MONEY WE ARE SPENDING?


This will be a dynamic post - I amlooking for updates

I have put the numbers in a more easy to, but still mind boggling, get a grasp on the magnitude of the financial numbers we hear. It is appropriate to look at percentages of GDP and other relationships to objectively analyze these numbers, but the magnitude is also very important.
The graph to the right is from z-facts at

http://zfacts.com/p/318.html


We get the government we deserve and those of us who want to keep the America we think is best for the people must earn a better government by helping to educate the rest of the voters who are [vote for my team] people instead of [vote for my country] people. I am a techinical, not a financial person and I want to put together a way to analyze what is real so that we can all help eachother do better by our country. It scares me to see the Russian newspaper commenting on the incredibly quick descent of the US into Marxism in spite of what the Russians learned when they had it.


A BILLION DOLLARS is $1,000,000,000,000.00 which is ONE MILLION, MILLION DOLLARS and assuming a 300 million population of men, women and children = 300,000,000 it would represent




$3,333.33 per man, woman and child in the US population.




The American Recovery and Reinvestment Act (Stimulus Package) passed in February of 2009 was for $789 billion dollars which is




$2,623,333.33 per man, woman and child in the United States.

and this does not include the previous, 2008 bailout nor any post inaugeration programs.


The $7 billion dollars in the first part of the Chrysler bailout for 40,000 employees is


$175,000,000.00 per employee


There is a ripple affect which feeds other people, but this is a large enough number that it should be obvious that to give this kind of money to a company and then put it into bankruptcy so that the union and the government can take it over screams so loud about the smoke and mirrors game that even a high single digit IQ shold be able to see some potential issues in the judgement.


The TARP = Troubled Asset Relief Program - Emergency Economic Stabilization Act of 2008 was for $500 billion dollars and the distribution and explanation of the program at

http://en.wikipedia.org/wiki/TARP is

$1,666,666.67 per man, woman and child

I would like to remind the mooreons who accused the Republican opposition to the first, defeated, TARP proposal as a tantrum against Pelosi that it appears that there were conservatives who believed this kind of move to be detrimental to the purpose of stabilization in the long run. That is why it was defeated in spite of the fact that Bush with the Democrat majority did not need those Republicans. It might feel good to live in LaLaLand, but Reality is headed our way. Pelosi and her crew knew that they didn't want the credit for that bad of a move.


Our national debt verses GDP for the last 5 years which shows performance prior to Nancy Pelosi proclaiming, "Now that we control congress, watch what we can do.", after the Peolosi Proclamation and post George W. Bush to date.

I STILL NEED TO GET THESE NUMBERS



We have the WIIs making decisions on who runs our country based on emotions instead of logic and reason. WII = willfully ignorant intellectuals


http://en.wikipedia.org/wiki/File:USDebt.png#filelinks

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