Tag Archives: Debt

A Limerick on day after Thanksgiving leftovers: A 24 Billion dollar increase in Federal Debt.

A Limerick on Thanksgiving Day leftovers: A 24 Billion dollar increase in Federal Debt. The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation’s 114,916,000 households. (CNSNEWS) In August 2011, the debt ceiling — the amount of money the […]

Obama loves Spain. It’s hard to explain. A Limerick.

Let’s follow the pattern of Spain (1) Go green, go in debt, inflict pain.(2) Too many are jobless (3) The Socialists clueless (4) They got voted out to Spain’s gain. (5) (6) (1) On eight occasions, the current occupant of the White House (Obama) has referred to the Spanish model as an example to follow. […]

The Social Security payroll deduction, a Depletion Allowance. A Limerick

The Social Security Payroll deduction, Its trust fund has suffered substantial reduction. That old promise they swore; Null and void to the core. Depletion allowance: A logic deduction.

They passed Sixteen bills, and what did they get,

They say that our congress is made outta mud, They talk and they talk, they’re chewing their cud. But Congress Republicans are hardly to blame, The blame is the Democrats and that’s to their shame. They passed sixteen bills and what did they get. Another scolding and deeper in debt. You tell Obama that he’s […]

A Titanic struggle, the iceberg of debt. A Limerick

“We have the wind in our face because the American people have the wind in their faces,” David Axelrod told an audience of New Hampshire politicians and business leaders September 27. “So this is going to be a titanic struggle. But I firmly believe we’re on the right side of the struggle.” A Titanic struggle […]

Obama’s accomplishments, wood hay and stubble. A Limerick.

Obama, our President gets us in trouble. The debt to our children is poised for a double. “Together we thrive”, it just does not jive. Obama’s accomplishments? Wood, hay and stubble*. *Quote from the King James Bible 1 Corinthians 3:11-13 For other foundation can no man lay than that is laid, which is Jesus Christ. […]

European Union or Debt Union. The U.S. next?

In this debate Jan 19 2011 at the EU parliament in Bruxelles, Belgium, the British delegate waxes eloquent and gets the point across. Later comes a Swede, lacking eloquence, trying ridicule. This never works with a true Brit. Anyhow the point of this snippet is that currency speculations during the 90’s destroyed one currency after […]

Chinese trade. Trinkets for debt. A Limerick.

It’s all made in China, I know it is tough, for they got our money and we got their stuff, We are deeply in debt, no trade secrets kept. We lost our freedom to act. – Had enough?