The arithmetic is simple. It is beyond the Fella’s well developed powers of understanding to understand how so very few of us see the impending disaster that is in front of us.
Did I hear you just say to yourself, “I wonder where the Fella is as he pecks out this Posting?” (It is amazing how I can hear what my Dear Readers are saying to themselves.)
I am in the Wilderness Crying. I am getting used to being a Voice Crying in the Wilderness. It is very lonely out here.
Here is the simple arithmetic referred to above simply stated...
Ø A person has a fixed income of $100.
Ø It has been fixed at $100 for many years.
Ø There are no prospects of this income increasing.
Ø This person has fixed expenses of $150.
Ø These expenses have been rising for many years.
Ø There are no prospects of these expenses decreasing because our person has no intention of decreasing his expenses.
The person goes to his local bank & asks to borrow $10,000. His banker asks him questions...
Ø Question: Are you going to be getting an increase in income in the future?
Ø Answer: No way possible.
Ø Question: Are you going to be able to reduce your expenses?
Ø Answer: I have no intention of reducing my expenses.
The banker says: “That’s excellent! Here is your $10,000”.
This scenario is repeated many times with the same result...The loan is always approved & the amount loaned gets bigger each time.
This does not make sense!
If you would like to understand how this makes sense, contact the people running (the percent figure is the Annual Budget Shortfall at end of 2012)...
Ø Camden, NJ 20.2%
Ø Honolulu, HI 5.1%
Ø Washington, DC 3.4%
Ø New York, NY 7.0%
Ø Cincinnati, OH 20.0%
Ø San Francisco, CA 5.5%
Ø Los Angeles, CA 6.6%
Ø Baltimore, MD 15.0%
Ø Detroit, MI 5.0%
Ø Chicago, IL 7.7%
I know they can explain it to you.
Would they kid u?
Smartfella
Lagniappe: Oops! How could I forget? Be sure to also contact the people running the Good Ole USofA.
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