I can't remember ever feeling as hopeless and sad about our government and it
certainly doesn't feel good. The last time I felt this hopeless is when I started furnishing
my first house.
Everything I bought had a reasonable payment and I was able to furnish
the house and get the appropriate appliances all with reasonable payments. It all seemed great until the first month came to make the "reasonable" payments and that''s when I learned they were reasonable standing alone, but not together. I was short about 1/2 of the needed income.
I dug a hole that took me several years to see the ground again.
Do the powers that be ever add up the reasonable expenditures they created and see
how it looks against the income of this country?. No they do not add it together because
they don't seem to really care how big the deficit because all the causes they spend money on are absolutely needed and wonderful.
I am not the smartest man in the world but I guarantee you that I could go through
the entire federal budget in a matter of months and create an annual budget with a surplus. The dangers in my doing this is that programs that are now useless, even if they served a purpose before, and people who accomplish nothing can do that at home without pay and the programs could be scrapped without danger.
The government never has to worry about money because they have ours! They only need to pass a few laws or initiate new taxes or raise the old ones and voila, they have
money. And how they can spend it! It is reported, but not verified that the former women speaker of the house puts bottles of water on her expense account. We know everybody in the capital gets a free time at the barber shop or beauty parlor and guess
who gets the "haircut"?
What about policing the policies that have been passed to be sure they aren't misused? Absolutely not, because that costs precious dollars that must be spent
for the important programs. The powers that be in England use to feel that way also.
They had about 20 million people on disability who were collecting checks. They announced that everyone had to be examined to continue receiving the money and about 1/3 of the disabled were instantly cured. Miracles do happen, but sometimes you
need to help them along. Could we figure that out?
Roger Schlesinger's Mortgage Minute is heard on hundreds of radio stations and daily on the Hugh Hewitt radio show and Michael Medved shows. Roger interacts with his hosts and explores the complicated financial markets in order to enlighten his listeners and direct them along their own unique road to financial freedom.