Member's Blog > Wwww12345's blogs > THE LONG TERM DANGERS TO THE US
THE LONG TERM DANGERS TO THE US Sort by:
Members Only
Posted on Feb 26, 2008 at 01:05 PM

THE LONG TERM DANGERS TO THE US The downfall of every fallen democracy in history has usually been when the masses vote themselves benefits that the country cannot afford. We have masses that who could work, but don't. Masses who can vote themselves benefits, or otherwise live off of the hard work of others, such as stealing, fraud, cheating, etc. Corporate fraud alone cost citizens an almost unbelievable amount, especially World Com and Enron. Yes, this is bad and has to be stopped. These problems are dangerous to the US, but there are others dangers, even more serious. Lets add terrorism and the cost of securing our country. Here are some numbers for Homeland Security. "For fiscal year 2008, the President has proposed investing about $61.4 billion on homeland security. This figure includes all spending by all federal agencies, including about $29.9 billion for the homeland security responsibilities of the Department of Homeland Security." Then add: The War and Defense: "The Bush Administration is requesting $647.1 billion in budget authority for national defense in FY 2008. This includes $141.7 billion for ongoing operations in the global war on terrorism. This means that national defense programs, in terms of budget authority, will absorb over 4.4 percent of GDP in FY 2008." There is no doubt in my mind that we have to fight the war on terrorism, and have a strong national defense, so most of that is a necessary expense. And Finally, we have the BALANCE OF TRADE with China and others. "The United States and China share the most imbalanced bilateral trade relationship in the world. The United States imports more goods from China than it exports to a tune of $202 billion dollars each year. All told, China alone accounts for nearly 26% of the United States' $725.8 billion trade deficit." It really hard to believe those numbers, but what is even harder to believe is that the balance of trade makes the war expense look like trivial spending. And what is even more enlightening is that the war on terror mostly employs americans and contractors, using vehicles and weapons made in the US, so at least a lot of the money comes back to the US, or is spent in the US. However that is NOT TRUE at all for balance of trade dollars, most of which results in the loss of jobs, including most of our technical manufacturing jobs. So which should be our MOST IMPORTANT concern?? It sure looks like we need to start TAXING IMPORTS of countries with large trade balances or they will own us within a few more years. It's either that, or quit buying their products. SO, who is really responsible for this huge trade deficit that is ruining America.? YOU ARE! You buy clothes you don't need, all of the latest electronic toys, cars that are not made in America, drive gas hungry cars, live in houses that are not energy efficient, never repair anything, just buy a new one, etc. etc. China does not make you do this, neither does Japan, nor the Saudi. SO, what are you going to do about it??? Gosh, that lecture made me hungry. I think I will drive my imported SUV to San Fran, eat some chinese food, and go shopping. I am just kidding of course, but that is the response of the general public to this problem. wwww This was posted on another blog, but the subject deserves its own blog me think.

Like Reply / add comments Quote | Report Bookmark and Share
Follow - email me when people comment
Members Only
Posted on Mar 02, 2008 at 09:41 AM

Quoting author: Is that where the words (Takes A Act Of Congress ) to change anything..........comes from ?????

That is what it is going to take. People will not quit buying as long as they have anything left on their credit card.

Like Reply / add comments Quote | Report Bookmark and Share
Members Only
Posted on Mar 01, 2008 at 02:44 PM

Quoting author: I completely agree with you WWWW's we are living in a consumer world rather than the manufacturing and at some point..THIS WILL HAVE A CATASTROPHIC economic effect!

The consumer is not going to stop buying, so the only possibility is import taxes. Now, which politicians have the guts? Those are the ones we need to be electing.

Like Reply / add comments Quote | Report Bookmark and Share
Members Only
Posted on Mar 01, 2008 at 10:45 AM

AF,,LOL,,,we are alike in many ways ..as we have seen over time in blogland. You may not want to admit to it though! ( I , on the other hand, am happy to be in the company of such a nice thoughtful person) Actually, I have a very tender and caring personality, underneathe the fish spikes.

Like Reply / add comments Quote | Report Bookmark and Share
Members Only
Posted on Mar 01, 2008 at 06:19 AM

SHAZ... We are sooo much alike ! I saved a little seedling that was growing up through the asphalt... Boy... did I get razzed about that ! My son was little when I did it, and he said it was his tree, and cut it like a bonzai...LOL For the longest time, we didn't know what kind of tree it was, but it was God given, and I said it stays... Twenty years later, it's a beauty, about 20 ft in height, heavily laden every year, with dark red berries... HE gives us a lot of things to us we don't realize why at first, we just have to be open, to accept them, and we in time... realize why, later ~ : ) *WWWW ... Hmmm.. wondering what this has to do with your blog ? Well, rather than spending money we don't have... we should inspire the welfare recipients, whether they be the down trodden, living just day to day; or the corporate fat cats, that believe there is never enough money... somewhere in between... lies the answer ~

Like Reply / add comments Quote | Report Bookmark and Share
Members Only
Posted on Feb 27, 2008 at 08:31 AM

I completely agree with you WWWW's we are living in a consumer world rather than the manufacturing and at some point..THIS WILL HAVE A CATASTROPHIC economic effect!

Reply / add comments Quote | Report Bookmark and Share
Members Only
Posted on Feb 27, 2008 at 08:30 AM

geez WWWW .,..if you are gonna drive to SF,,stop by my place and pick me up.Some chinese food good. I wear New Balance shoes,,which ARE made in the USA. I keep things in good condition and keep them for decades ( gawd I really am getting old !) an example: I have a houseplant,,,a big 7 foot tall tree,,a Ficus lyrata ( fiddle leaf fig) that I saved from the dumpster 18 years ago. At the time,,it was just three long sticks and two leaves. Its still abunch of long sticks,,,but its covered with beautiful leaves and look great. 18 freaking years is LONG time to keep a plant !( the main rooms in my house resemble jungles.) The thing is older than my daughter by two years !

Like Reply / add comments Quote | Report Bookmark and Share
Follow - email me when people comment