Too many of us are hearing but not listening

Imagine you can’t pay all your bills.

For the sake of simplicity, you owe $1000 this month but you only have $600. You will have to borrow $400 to make it through the month. Now imagine you have to do that every month for the next year. That’s $4800 you will need to borrow to pay your bills for the year. And you know that you’re going to have to borrow that same amount every month for the next year (and the foreseeable future.)

Now add the interest to that $400/month loan, that is if someone or some entity will loan you this money.  Interest at 13% (that’s a really good rate on your Visa card) adds $624/year to the balance or $52/month. So now you will owe $5424 for the year.

You know that you can’t pay your bills with the income you have now. You know that you can’t pay your bills without borrowing $4 for every $10 that you spend, or $40 for every $100 or $400 for every $1000. Or as in the case of the United States of America – .40 for every $1.00 that it spends.

What would you do?

You could start by calling  your banker or your credit card company and ask them to raise your borrowing limit.  Chances are real good they will laugh at you, before telling you no. And anyone with a high school education knows that raising your DEBT LIMIT will only dig your hole deeper in the long run.

So, you sit down at the kitchen table and prioritize. If you’re an average American, you start cutting out all the things you can do without so you can pay for the things that matter, like your mortgage and medicine and your personal yacht.

Then you put a lid or a cap on all your future spending.

No more dinners on Broadway or flying your favorite pizza chef in from Chicago.

No more Spanish vacations in your private jet. What? You don’t have a jet?

No more entertainment like those private Paul McCartney or Stevie Wonder concerts.

Next, you start looking around your house at the things you can live without and sell off. But remember, that’s only going to get you through a month or 2. Eventually, you’ll run out of things you can sell, unless you live in the White House and then there’s an unlimited amount of things of value to sell.

Maybe your Wall Street friends will throw fund raising parties for you. Oh please. Don’t tell me you have no Wall Street buds.

Publish a book with a well known terrorist ghost writing it for you? You don’t know any terrorists? Sucks to be you, then.

You don’t have a $10 million winery in California that you can sell? Oh, sorry. I’d mistaken you for Nancy Pelosi.

This isn’t our life. But we are shouldering the burden for these expenses and all the expenses that benefit everyone else, including and most irritating – the political class.

Most of  us would fore go our social security checks for a couple more years. Most of us would be willing to work a couple more years rather than dump these bills on our children and grandchildren. Most of us are willing to do with less or do without to balance our books and not leave unheard of debt for our kids.

And most of us would like to see the ruling class suffering just a little bit with us.

Quote of the day – Nancy Pelosi

Pelosi — who is widely viewed as the person most responsible for ensuring that Dems drew a hard line against Bush’s privatization proposals — said that so doing would have persuaded people that there must have been something wrong with Social Security that needed fixing. She suggested that Dems should keep that message in mind as they prepare to do battle over Ryan’s Medicare proposals.

“We got criticized for it, but it was the most important thing,” Pelosi said. “We couldn’t have our own proposal on Social Security because it would confuse the public.” from the Washington Post via Fox Nation

 

LOL so she wants us to believe that there’s nothing wrong with Social Security…

More common sense attacked by TheOnes Marxist left

Sarah Palin is so well loved because she speaks like the rest of us. She thinks like we think and she’s not afraid to say the things that we need to hear and want to say but can’t. No one listens to us but she has the voice and the stage to do it for us.

So does and did Alan Simpson. He was my Congressman when I lived in Wyoming and the only thing he ever did that I opposed was the bill that makes us all have to prove that we are American citizens before we can be hired anywhere. That is the most annoying crap that I’ve ever had to do when I apply for a job or even a drivers license.

But aside from that, Simpson is a real person. He doesn’t mince words or sugar coat his remarks. He calls it the way he sees it and because of that he’s now under attack from theOne’s base and calls for his removal are being heard from MoveOn and other Soros funded front groups. His comments are spot on! He’s right about Social Security and the American people’s reliance on it. Like Sharron Angle, I agree that it should be phased out. But the left doesn’t want to hear that. It goes against their plan of making us all dependent on the government for everything.  Alan is going against their plan by speaking the truth about it.

I’m still trying to figure out how cow utters are offensive to Older Women… or even where this Older Women’s League came from…

NEW YORK (CNNMoney.com) — An advocacy group is calling for the ouster of former Sen. Alan Simpson, the co-chairman of President Obama’s bipartisan debt commission, who described Social Security as a “milk cow with 310 million tits!” in an email.

Ashley Carson, executive director of the Older Women’s League, wrote in a blog post in April that Simpson is targeting Social Security to fix the deficit even though it “doesn’t contribute” to the country’s debt problem. She also accused Simpson of “disgusting ageism and sexism” in characterizing those who oppose cuts to benefits as “Gray Panthers” and “Pink Panthers.”

In his email to Carson, which was sent Monday night, Simpson said he is defending Social Security, not trying to undermine it, and referred her to information showing the program’s long-range shortfalls.

He went on: “I’ve made some plenty smart cracks about people on Social Security who milk it to the last degree. You know ’em too. It’s the same with any system in America. We’ve reached a point now where it’s like a milk cow with 310 million tits! Call when you get honest work!”

On Wednesday afternoon, Simpson released a letter to Carson apologizing. “I can see that my remarks have caused you anguish, and that was not my intention,” he wrote.

Simpson, a former Republican senator from Wyoming, is well known for his salty language and down-home analogies when debating policy. His remarks have made him a target for critics of Social Security reform, who have called for his resignation before.

Reforming Social Security has always been a political lightning rod, and none more so than this mid-term election year. Simpson’s remarks could further inflame an already divisive debate and complicate the task of the bipartisan commission, which is attempting to broker solutions that both sides of the aisle can support.

A coalition of groups including MoveOn.org, Social Security Works and others have pledged to “fight any effort” by the commission to cut benefits or raise the retirement age.

Such groups say that Social Security hasn’t contributed to the country’s fiscal woes since $2.5 trillion of surplus revenue was paid into the system over the years and borrowed by Uncle Sam.

Carson of OWL wrote that cutting defense spending should be the commission’s first line of attack, and the Bush tax cuts second, when finding solutions to U.S. debt problems.

Nonpartisan deficit experts say the debt trajectory for the country is so worrisome that nothing in the federal budget can be off the table. That includes Social Security, which will only be able to pay out roughly three-quarters of promised benefits to future retirees by 2037.

OWL sent a letter to the White House on Tuesday calling for Simpson to be removed from the commission.

“We have given the former senator several chances at redemption, but his email today … illustrates his clear disrespect for Social Security, women and the American people, highlighted by his degrading, sexist, ageist and profane language,” OWL wrote.

In his apology on Wednesday, Simpson said that he “did not intend to diminish” Carson’s work. “I know you care deeply about strengthening Social Security, and so do I, just as deeply.”

He also extended an invitation to Carson to meet in person to discuss her concerns the next time he was in Washington.

In response, Carson said in a statement that she appreciated Simpson’s apology. But she noted that OWL’s position remains unchanged in calling for Simpson to step down.

“Mr. Simpson has demonstrated a consistent, decades-long, pattern of making statements that are offensive to seniors, to women and that are just plain unacceptable in 2010.”