Thursday, February 26, 2009

Pretty Sure They are Laughing at us too.

Next Time You Go to the Doctor...Think about it.

Since Obama is proposing to reinstate the ban on so-called "Assualt Weapons", here a fun fact for everyone to chew on.


Doctors
(A) The number of physicians in the U.S. is 700,000.


(B) Accidental deaths caused by Physicians per year are 120,000.

(C) Accidental deaths per physician is 0.171.

Statistics courtesy of U.S. Dept of
Health and Human Services.
>>>>>>>>>>>>>>>>>>>
Now think about this:
Guns
(A) The number of gun owners in the U.S. is 80,000,000.
(Yes, that's 80 million)

(B) The number of accidental gun deaths per year, all age groups, is 1,500.

(C) The number of accidental deaths per gun owner is .000188.

Statistics courtesy of FBI

So, statistically, doctors are approximately
9,000 times more dangerous than gun owners.


FACT: NOT EVERYONE HAS A GUN,
BUT
ALMOST EVERYONE HAS AT LEAST ONE DOCTOR

Saturday, February 14, 2009

Congress Should be Arrested

Federal obligations now exceed the World GDP. GWP. This is from World Net Daily.
Here are some highlights.

As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world.

The real 2008 federal budget deficit was $5.1 trillion, not the $455 billion previously reported by the Congressional Budget Office, according to the "2008 Financial Report of the United States Government" as released by the U.S. Department of Treasury.

"It's not likely this will happen without the Federal Reserve acting as lender of last resort for the Treasury by buying Treasury debt and monetizing the debt," he said.

"Monetizing the debt" is a term used to signify that the Federal Reserve will be required simply to print cash to meet the Treasury debt obligations, acting in this capacity only because the Treasury cannot sell the huge of amount debt elsewhere.

The $65.5 trillion total federal obligations under GAAP accounting not only now exceed four times the U.S. gross domestic product, or GDP, the $65.5 trillion deficit exceeds total world GDP.

"The federal government is bankrupt," Williams told WND. "In a post-Enron world, if the federal government were a corporation such as General Motors, the president and senior Treasury officers would be in federal penitentiary."

Touche'


Can we please throw these people out.

Tuesday, November 25, 2008

Is $7.4 Trillion really alot of money?

Is it? It is a chunk, but what if Corporate Accounting practices were used on the US Governments Books? How does $59,100,000,000,000 sound. That is over $500,000 for every US household. I don't have that much debt. I have a mortgage but at least that is backed by a house.
So how does that break down:
BALANCE DUE
The cost per U.S. household of unfunded promises made by federal, state and local government:
Medicare $255,280
Social Security $144,251
Federal debt $43,380
Military benefits $25,863
State and local debt $17,537
Federal civil- servant benefits $14,374
State and local retiree benefits $13,114
Other federal obligations $2,548
Total $516,348

We really need to get rid of these fools in Washington. They don't know how to do anything right.

Monday, November 24, 2008

$7,400,000,000,000


That is the total of what has been pledged so far by our generous US Congress. I couldn't be more proud. I remember when they were talking about $700 billion. So $7.4 trillion would make this about $24,000 per person. Great. If I've learned anything in the last few years, it's that when your being buried by debt, go shopping. Bloombergs got an article that is worth reading.

My Favorite line, "The pledges, amounting to half the value of everything produced in the nation last year."


Another great one, "It’s nine times what the U.S. has spent so far on wars in Iraq and Afghanistan."


And one more, "Federal Reserve lending last week was 1,900 times the weekly average for the three years before the crisis."


And if your still not worried about it, "The worst financial crisis in two generations has erased $23 trillion, or 38 percent, of the value of the world’s companies and brought down three of the biggest Wall Street firms."