Government has never had a problem with spending. From local right on up to the Federal government, we can always count on spending and waste. Where there’s a dime, government will spend a quarter. Look at our Federal deficit. The Outstanding Public Debt-- $10,661,248,840,476 and growing in leaps with no bounds. TRILLONS!
The estimated population of the United States is 305,226,444. So, each citizen's share of this debt is $34,928.98.
The National Debt has continued to increase an average of $3.80 billion per day since September 28, 2007!
Does anyone care about this? We continue to buy things we can’t afford. One out of ten people are not paying their mortgages and there is so much waste across the Board by government that it makes you wonder how we will climb out of the mire. And everyone is counting on Obama. Whoa.
Even though economic times changed in Lake Worth right along with the rest of the country, the CRA and the Commission still believes that spending $8 million on 10th Avenue North is a wonderful thing to do. We can’t afford our own police department. We can’t afford a trolley. But we can afford to spend $14 million dollars on two roads. We give grants to people who scam the system---for pavers and impact glass windows. The Director wants a gigantic raise. Is there anything wrong with this picture?
Someone sent me the following tidbit and I wanted to share it.
Does anybody out there have any memory of the reason given for the establishment of the DEPARTMENT OF ENERGY during the Carter Administration? Anybody? Anything? No? Didn't think so. Bottom line . .. we've spent several hundred billion dollars in support of an agency the reason for which not one person who reads this can remember.
Ready? It was very simple, and at the time everybody thought it very appropriate.
The Department of Energy was instituted 8-04-1977 to lessen our dependence on foreign oil. Hey, pretty efficient, huh?
And now it’s the end of 2008, 31 years later, and the budget for this department is at $24.2 billion a year. They have 16,000 federal employees and approximately 100,000 contract employees. Now, look at the job they have done!
Ah yes, good ole bureaucracy. And now we are going to turn the Banking system over to them? God Help us. We’re all as helpless as sheep.
