Home » Ok, Do You Grasp the Definition of TRILLION?

So let's start off without paranoia and look at what any business person would look at if they were evaluating a business to buy. Let's start with simple math and common sense. The first thing they would or should look at is the business financial statement. Are they making money, losing money, how much borrowing did and do they do, what is their cash flow, inventory and market. Now that said if it didn't look too good they would most likely not buy unless they were looking to "wash" money.

 

If we look at America 's debt in 2008 in that manner at that time it was reported close to 60 to 70 trillion depending on who is reporting. Now those figures are without entitlements such as Social Security, Medicare, Medicaid, Foreign aide and personal debt factored in. That equates by many, far superior economically wise and mathematically smarter people then I am, to about $175,000 per person or about $700,000 for a family of four. Reality says that debt today is more like around $110 to 120 trillion and climbing and what we each owe per person is way higher as well and we didn't even add the Heath Care costs as yet. Oh, I forgot we'll save money, really.  Yes ands that per person includes children, yours, mine and theirs. Are you still happy with those you elected? Oh it Bush, or Obama, really, wake up its them, all of them, Congress, fact by vote and deed.

Now about 40 to 50 percent of that debt is owed to offshore entities, our trading "partners." Now if we throw in private debt and who knows the real numbers of private debt all can be increased significantly? That said, and not to be labeled a pessimist, negative or doubter but just someone presenting the task ahead, in order to pay this back we have to have an economy that employees all, every single eligible person and in jobs that pay well. No, not those jobs I posted a few days ago showing the future of jobs in Florida . My God there is no future here.

Now Washington, that is George and Jefferson and many other greats of that age spoke about accumulating debt. They warned us of it and to stay clear of foreign entanglements.  It was good advice then and good now. Hey this bunch in Washington knows that but their arrogance and allegiance in my opinion evidently to other entities. Why do I think that, well simply put if they were for the people of America why did THEY strengthened the bankruptcy law to protect their friends in big lending and business when those laws protected people for decades. Yes facts that they know are truth regardless of what they profess or say or anyone can re butt.

So the anger over this recovery being spewed by both political parties, pointing figures at each party and each other all as if they had nothing to do with it, Bush, or Obama, as if their hands were clean and it is always the other guys is so unbelievable, it is nothing short of amazing. No, I have written to this for years, way before any of it took place and here it is in living color. Amazing that for all the intelligence of the multitude of Americans they cannot grasp the simple, what is in plain site. Yes like the good magician says, that's the best place for it to hide.

The sad fact is it had to happen because everything they did, put into motion, set up created produced what we have now. No, it did not happen overnight. It was done one step at a time. All the chess movements set. It is so devastating a master plan that one would have to think only two things and as I wrote to many times before, first they are the stupidest bunch the world has ever seen. Yes and many agree with that regardless of their high priced sheep skins. Rhetorically is this all by design?

In my opinion I am of the school this is all by design. These are not stupid people. They know how governments, business, trade, money works and flows. They know about wealth and how to generate and make wealth. They know how to grow it and lose it and you tell me why anyone would deliberately want to lose it unless. Yes unless they were stupid or unless there was something even more valuable at the end. It is in effect giving something up for the sake of it all.

Now we know for a fact they consider, label, and identify us as the beer drinking, worker, bovine bunch whose only interest is having a cold one and a dog. In fact in my opinion for years they have set the stage to insure that is exactly who we are. Think not, then think about this, a sixth grade comprehension level, an unskilled workforce, much never graduating school having equivalent degrees and all we worry about is the Super Bowl, World Series and the weekend. They, our so called leaders have taken all we have technologically, manufacturing, industry and shipped it off shore and what have we got, just what is left?

So when you start to put the pieces together, as any good project manger would, having to come and save the day, that opinion would be scrap it all. Yes scrap it all and start fresh. Why, well 20% of the population is dead economically, fact. They will never rise again. Twenty percent have and they are the ones who make all the money with the top 5% of that group very wealthy. That leaves 60%, the so called middle class and they will have to pay. They will pay theirs and they will pay for those that have not and can't pay.

Now that recovery signs are being spewed all about who bothers to sit and look at the reality of for who this recovery is for? Can the average person qualify for anything any longer? No, can't buy and can't rent, fact. You figure in that 20% or even more of the average people who can't, throw in the poor and you have 30 to 40% out of the game. Take those 20% rich out and you have about 40% to carry the load, burden. Like I said, you do the math.

Now certainly those that have will buy. They will buy because they are getting that great deal and what they look at is just that, wealth. They can't pass it up. They never ask who can qualify to rent? Yes, like the credit cards at zero percent and then a fixed rate of 7.9, FOR NOW. Yes but can they sustain a recovery indefinitely? Well the simple truth is not Americans. So who will? You got it, what they all are banking on, that is the green card holders, the foreigners who hold the good jobs. That is the key to the ball game.

So remember this when they start to talk about recovery, ask this question, for who? Yes and contemplate what a trillion means. Why, because who is going to pay for it? I don't do you have to pay for it? Someone has to. Is it your children and their children's children? Hey learn to take less, I already have. Now I and people like me won't because I can't, I'm one of the dead. No, that chore is for you.

The wealthy, well are you that dumb not to know they don't ever pay. Yes it is you and yours and well, the cattle, and that cattle are the ones you will feed. Why, because you need us to sweat in the sun, do the dirty work, work for low wages and no benefits, work 7 days a week 10, 12, 14 or more hours a day in a right to work state. Why, so you can go to church and praise God for your blessings and go out on the fourth and buy $1500 worth of fireworks or spend a weekend somewhere. Yes, but sadly, because I am negative or a pessimist, always remember the reality that there will come a day when someone has to pay. Yes remember the trillions and think about how you will repay it. Yes because Ok, do you grasp the definition of TRILLION?

2009 Robert T. Melaccio, Sr. All Rights Reserved Worldwide.

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