Not "Show YOU the money"; "Show ME the money!"

What would you think of a family with following financial situation?

• Annual Income: $24,500
• Annual Spending: $35,370
• NEW Credit Card Debt: $10,870
• Existing Credit Card Balance: $167,600

You might think such people fiscally foolish at best.  And you'd be right.  Sadly, some in America are just like that when it comes to money.

What's worse? They are fiscally foolish with YOUR money.

Just add eight (8) zeros and you'll see.

US GOVERNMENT BUDGET

• Revenue: $2,450,000,000,000
• Spending: $3,537,000,000,000
• Deficit: $1,087,000,000,000
• Debt: $16,760,000,000,000

"But make no mistake: As people my age retire and demand Medicare, America will eventually go broke."
~John Stossel

Source: "The Austerity Myth"

God is not on our side because he hates idiots also.

How can I be out of money if I still have checks left?!

Don't worry about the US credit rating. Alan Greenspan thinks we will never have any debt or default problem, because we can always print more money.

(On Meet the Press Sunday, August 7th)