One Billion!

[whandley]

Here's an email I received today:



How many zeros in a billion?

This is too true to be funny.

The next time you hear a politician use the word 'billion' in a casual manner, think aboutwhether you want the 'politicians' spending YOU R tax money.
A billion is a difficult number to comprehend,but one advertising agency did a good job of putting that figure into some perspective in one of its releases.

A.
A billion seconds ago it was 1959.
B.
A billion minutes ago Jesus was alive.
C.
A billion hours ago our ancestors wereliving in the Stone Age.
D.
A billion days ago no-one walked on the earth on two feet.
E.
A billion dollars ago was only8 hours and 20 minutes,
at the rate our government is spending it.

While this thought is still fresh in our brain...let's take a look at New Orleans ...
It's amazing what you can learn with some simple division.

Louisiana Senator,Mary Landrieu (D) is presently askingCongressfor
250 BILLION DOLLARSto rebuild New Orleans .
Interesting number...what does it mean?

A.
Well... if you are one of the 484,674 residents of New Orleans (every man, woman, and child) you each get $516,528.

B.
Or... if you have one of the 188,251 homes in New Orleans , your home gets $1,329,787.

C.
Or... if you are a family of four.... your family gets $2,066,012.

Washington, D.C
HELLO!
Are all your calculators broken??

AccountsReceivableTax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Tax
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road Usage Tax (Truckers)
Sales Taxes
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage ChargeTax
Utility Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

STILL THINK THIS IS FUNNY?

Not one of these taxes existed 100 years ago...
and our nation was the most prosperous in the world.

We had absolutely no national debt...
We had the largest middle class in the world...
and Mom stayed home to raise the kids.

What happened?
Can you spell 'politicians!'

And I still have to press '1' for English.

I hope this goes around the
USA
at least 100 times What the heck happened?????

[Frank M. Carrio, CMI]

Originally Posted by whandley

Here's an email I received today:



How many zeros in a billion?

This is too true to be funny.

The next time you hear a politician use the word 'billion' in a casual manner, think aboutwhether you want the 'politicians' spending YOU R tax money.
A billion is a difficult number to comprehend,but one advertising agency did a good job of putting that figure into some perspective in one of its releases.

A.
A billion seconds ago it was 1959.
B.
A billion minutes ago Jesus was alive.
C.
A billion hours ago our ancestors wereliving in the Stone Age.
D.
A billion days ago no-one walked on the earth on two feet.
E.
A billion dollars ago was only 8 hours and 20 minutes,
at the rate our government is spending it.

While this thought is still fresh in our brain...let's take a look at New Orleans ...
It's amazing what you can learn with some simple division.

Louisiana Senator,Mary Landrieu (D) is presently askingCongressfor
250 BILLION DOLLARSto rebuild New Orleans .
Interesting number...what does it mean?

A.
Well... if you are one of the 484,674 residents of New Orleans (every man, woman, and child) you each get $516,528.

B.
Or... if you have one of the 188,251 homes in New Orleans , your home gets $1,329,787.

C.
Or... if you are a family of four.... your family gets $2,066,012.

Washington, D.C
HELLO!
Are all your calculators broken??

AccountsReceivableTax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Tax
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road Usage Tax (Truckers)
Sales Taxes
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage ChargeTax
Utility Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

STILL THINK THIS IS FUNNY?

Not one of these taxes existed 100 years ago...
and our nation was the most prosperous in the world.

We had absolutely no national debt...
We had the largest middle class in the world...
and Mom stayed home to raise the kids.

What happened?
Can you spell 'politicians!'

And I still have to press '1' for English.

I hope this goes around the
USA
at least 100 times What the heck happened?????

Will,
I to am disgusted by the way our nation is heading and being "Taxed to Death" with such flagrant irresponsible spending.

I have decided to do something about it but I will not say what until the last Friday in July.

Bye the way.... Can this figure be verified?
A billion dollars ago was only 8 hours and 20 minutes,
at the rate our government is spending it.

[whandley]

http://jordan.house.gov/govtspending.shtml

Look at the second paragraph...

[Michael Larson]

Originally Posted by fcarrio

Bye the way.... Can this figure be verified?
A billion dollars ago was only 8 hours and 20 minutes,
at the rate our government is spending it.

Actually Frank it much worse.

The 2008 spending outlays are estimated at $2,770,097,000,000

It only takes only 3 hours and 10 minutes for the Fed to spend $1 Billion

[Frank M. Carrio, CMI]

Originally Posted by whandley

http://jordan.house.gov/govtspending.shtml

Look at the second paragraph...

UNBELIEVABLE!

The Facts on Government Spending The Problems:

The Uncontrolled Growth of Government;
The role of the federal government was strictly defined by the Founding Fathers in our Constitution and Bill of Rights. Over time, the federal government has grown in size and scope to the point that it now spends more than $24,000 for each American household. A report from the nonpartisan Tax Foundation confirms that this year, the average American will work longer to pay for government (113 days) than they will for food, housing, and clothing combined (108 days).

The Spend and Tax Politicians:
We’ve all heard the phrase "tax-and-spend" politicians, but it might be more accurate to say "spend-and-tax" politicians. The budget that passed on a party-line vote a few weeks ago called for a staggering $3.1 trillion in federal spending. To put it in perspective, the federal government will spend $100,000 per second, $6 million per minute, and $350 million per hour, every day for a year. Even worse, the budget includes a massive tax increase to pay for all of this spending.

Lack of Fiscal Discipline:
Part of the reason for the uncontrolled growth of the federal budget is the rise in port barrel spending. Pork barrel spending adds additional money, often to the unrelated bill, to provide funding for a Congressman’s pet project. This wasteful spending causes budgets to grow incrementally, over time, and makes it more difficult to end the programs once they have been funded.
Some Solutions: The federal budget includes mandatory spending and discretionary spending. Both sides of the equation must be addressed, but the first step to restoring fiscal discipline is to get a handle on discretionary federal spending.

Hold the Line on Spending:
Last year I offered amendments that would have saved over $20 billion simply by asking non-defense discretionary programs to spend the same amount they did last year. Some insisted that the sky would fall if we didn’t increase spending. Yet, without much notice, many of these programs operated on last year’s spending levels for two months at the end of 2007 because of Congress’ inability to enact its spending bills on time. Holding the line on spending is a modest first step in getting our fiscal house in order, and will force many federal programs to cut unnecessary spending from their budgets.

A New Grace Commission:
As the federal government grows, so does duplication, waste and fraud in federal programs. To help identify and cut this wasteful spending, I have proposed the creation of a second Grace Commission. The original Grace Commission under President Ronald Reagan used private sector experts to help him make 2,478 cost-cutting recommendations that would have saved $424.4 billion. A new Grace Commission can be structured to not only find the waste, but to force an up-or-down vote in Congress on the savings.

Lower the Tax Burden on the American People:
There has been plenty of talk about "economic stimulus" this year from Congress. I believe real economic stimulus comes not from more federal spending, but rather from private sector investment, encouraged by low taxes and a common sense regulatory environment. Some in Congress look to higher taxes to fund the insatiable growth of the federal government. I believe spending cuts, coupled with private sector growth, will be the key to balanced budgets and economic success for future generations.


PS:
Thank you for this link.


This is a critical matter that should be brought to everyone's attention.


Now with all due respect..... I ask you....are you going to do anything about this?

E-mail or call your Congressman, your Senator, The President?


The candidates for President? If "We" don't then who will?

[Frank M. Carrio, CMI]

Originally Posted by mlarson

Actually Frank it much worse.

The 2008 spending outlays are estimated at $2,770,097,000,000

It only takes only 3 hours and 10 minutes for the Fed to spend $1 Billion

Michael,
You are right.... it is much worse!

The Spend and Tax Politicians:
We’ve all heard the phrase "tax-and-spend" politicians, but it might be more accurate to say "spend-and-tax" politicians. The budget that passed on a party-line vote a few weeks ago called for a staggering $3.1 trillion in federal spending. To put it in perspective, the federal government will spend $100,000 per second, $6 million per minute, and $350 million per hour, every day for a year. Even worse, the budget includes a massive tax increase to pay for all of this spending.

[ccurrins]

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 23 Jun 2008 at 05:16:51 AM GMT is:





The estimated population of the United States is 304,225,409
so each citizen's share of this debt is $30,815.34.

The National Debt has continued to increase an average of
$1.37 billion per day since September 28, 2007!
Concerned?

Then tell Congress and the White House!

[ccurrins]

4 Feb 08 - Bush Proposes $3.1 Trillion Budget (Los Angeles Times)

4 Feb 08 - Bush Budget Would Bring Record Deficits (Associated Press)

[Michael Larson]

Originally Posted by ccurrins

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 23 Jun 2008 at 05:16:51 AM GMT is:





The estimated population of the United States is 304,225,409
so each citizen's share of this debt is $30,815.34.

The National Debt has continued to increase an average of
$1.37 billion per day since September 28, 2007!
Concerned?

Then tell Congress and the White House!

I guess the only answer Christopher:

is to raise everyone's taxes to pay for it all!

Obama may be along soon to do just that.

[whandley]

I'm an independent. I don't believe things will change voluntarily no matter who's in office. The "Spend and Tax" policies will continue in a downward spiral until we have a full and complete crash and burn. I read somewhere, that almost 50% of the US population's work force derives its income from the government, (Fed, State, Local, contractors, etc). We all know whats going to happen to social security when the pyramid financial structure is up side down. Can you imagine whats going to happen when our entire economy reaches the same level of default? Isn't socialism where the government provides everything to everyone? Last time I checked that type of government and or financial oversight doesn't work so well....

[Joseph T. Burkeson, CMI]

Originally Posted by ccurrins

4 Feb 08 - Bush Proposes $3.1 Trillion Budget (Los Angeles Times)

4 Feb 08 - Bush Budget Would Bring Record Deficits (Associated Press)

Shhhhhh! Bush likes to think of himself as a Conservative, not one of those spend-thrift Liberals.

[ccurrins]

Originally Posted by mlarson

I guess the only answer Christopher:

is to raise everyone's taxes to pay for it all!

Obama may be along soon to do just that.

Hey Michael, I'm open for suggestions, got one? We all are.

[Michael Larson]

Reduce entitlements and cut spending. There is no other answer.

[ccurrins]

Originally Posted by mlarson

Reduce entitlements and cut spending. There is no other answer.

I agree, and when such a party comes along with that mindset they'll have my vote.

[Joseph T. Burkeson, CMI]

Originally Posted by ccurrins

I agree, and when such a party comes along with that mindset they'll have my vote.

Stop spending trillions of dollars on an illegal war.