Well everywhere you turn all you are hearing is the Fiscal Cliff. You would think the world is coming to an end. Radio, TV, and every news rag are
making the fiscal cliff a very big deal. I do not get it. This has to be a dream come true for both Republicans, and Democrats. They have to be as
excited as children on Christmas Eve waiting for Santa. The bottom line is Washington DC is about to get a $540 billion dollar shot in the arm.
Without a doubt one thing politicians of every party loves is, MONEY!!!! They love money more than life itself. So here is my prediction of how this
will go down.
We will drive off the Fiscal Cliff like Thelma and Louise. It will be peddle to the metal no looking back. President Obama has started his dog and
pony show and is coming back to Washington DC cutting his vacation short (not like the guy works all that much, 180 round of golf last year). This
will give an appearance that he cares and is tirelessly working to come to an agreement. But it is just for show. He wants this tax increase on
everyone because he loves MONEY just as much as Republicans. By giving the appearance that he sacrificed his vacation when a bill to prevent the
Fiscal Cliff does not happen, he can blame it on the Big Bad Republicans.
So now Washington will have $540 billion dollars to steal and party with every year for at least the next 4 years. Just wait….I can hear the
shouts.....WHAT ABOUT THE AUTOMATIC CUTS!!!! Just watch, the legislators in Washington DC are about to have a moment of bipartisanship. It will be
like a new leaf has turned and both parties are going to suddenly work together. Bill’s will be passed into law overturning spending cuts on
Defense and will provide a pay raise for federal employees. The only fight that will suddenly take place is there will be no agreement on restoring
spending on Social Security, Medicare, Medicaid, Unemployment, Education, or Welfare. It will be the ultimate insult. Washington DC is going to take
our $540 billion in additional revenue and spend it on themselves. They will continue to campaign for additional cuts to entitlement programs
(programs you have been paying into your entire employed life i.e. Social Security and Medicare). Then each party is going to blame the other and
behind closed doors both Republican’s and Democrat’s will be laughing and calling us suckers.
Mark my words this is exactly what is going to happen. Just to show you an example lets go back to the evil Bush’s departure from Washington DC in
December 2007. Right before he left there was this big emergency where the banks suddenly overnight were broke and no longer solvent. So we passed
the so call ONE TIME BAIL OUT of about $700 billion. This bail out was not paid out until 2008 Obama's first year in office. So this is how it
2004 to 2007 Bush spent approximately $3.1 trillion a year Tax Revenues was approximately $3 trillion a year.
2008 to 2012 Obama spent approximately $3.8 trillion a year Tax Revenues was approximately $2.7 trillion a year
Tax revenue is down because the workforce in America as shrunk by about 6 million workers and we have 7% unemployment. So tax revenues are lower
because of less people working.
2007 to 2007 Bush spent $560 billion a year on Defense and $200 billion on welfare.
2008 to 2012 Obama spent $950 billion a year on Defense and $450 billion on welfare.
A little know fact (at least I think so) ONE TIME BAIL OUT MONEY of $700 billion is not one time because the way the federal government works is the
actual spending of a previous year becomes the new base or bottom line for all subsequent years. That is why spending went from $3.1 trillion to $3.8
trillion and has never gone down. Also, they knew this when the bail out or tarp was approved. Next, in Washington DC when money is allocated to an
area like Education of Defense they will put into place an automatic or standard increase for the next years. As an example they might agree to allow
Department of Education to have resource of $100 with a 5% annual raise. So the next year Dept of Ed would get $105.00. Well, if Washington DC
decides to adjust that to 3% it is a cut in spending even though the Department of Education has gone from $100 to $103 instead of $105. Once again
it seems so deceiving to me.
One last little note, it would seem that Social Security has gone from $880 billion a year in 2008 to $780 billion in 2011. I just thought that was
interesting because Washington DC has SS in their sight with the desire to lower that expense and hopefully to do away with it. Those politicians
need another $880 billion to mishandle. In the real world if a CEO spent money the way it is in Washington DC and told there share holders they were
going to spend money on one thing and used it anyway they desired. That CEO would be prosecuted for criminal negligence, fraud, tax evasion,
malfeasance and a few other felonies. But we just what it happen like it an episode of Jersey Shore and do nothing and really have no way of doing
What is obvious is Washington DC suffers from the same greedy behavior that they claim rich people have. Without a doubt I would not know about rich
greedy people because my bank account is pretty much non-existent and my prospects for an increase in income is definitely non-existent. This article
or information is not attacking a particular party, or person. It is not written to be slanted to the left or right. It entire purpose to show you
how well orchestrated and the planning that has taken place by both parties to deceive the American Tax Payer into a belief that this increase in
taxes and going over the fiscal cliff is the fault of one party or the other. When in reality both parties just want to bleed us dry of every dollar
and strategically make sure it does not go to programs or areas that actually benefit American citizens. Politician’s want that money to go to
organizations and places where it will eventually flow back into their pockets or control. They do this through Defense spending where many
Congressmen and Senators are heavily invested in companies that make Defense Department good and services. Many Congressman and Senators formally
were CEO's, President's or VP's of these companies. Dick Cheney is a prime example being the top dog at Halliburton.
Well, thank you for check out my article today. Please add your comments and thoughts. This is an area where I feel Americans need to stand up and
let Washington DC know we are tired of this crap. It is time to get the self serving trash out of DC. That’s my opinion this day December 27,
2012. What yours?
edit on 27-12-2012 by rgzing because: (no reason given)