The month in the life of Big Al and Sam the workin man.
Week #1
Sam’s check book contains $1.00
Sam’s Loan Amount is 0
Sam is $1.00 ahead of the game
He’s feelin right He’s feelin tight , Sam’s a workin Man
Time to pay the Bills.
But the bills came up to $2.00 this week, What's a Sam to do ?
In comes Big Al the Loan Shark to “Help” Sam out.
Sam borrows $1.00 from Big Al to be paid back with interest.
Sam now owes Big Al the Loan Shark $1.25
Sam buy’s the “Stuff” He needs and the week comes to an end.
Week #2
Sam’s check book contains $.50 , He had to take a cut in pay.
Sam’s Loan amount to Big Al comes up to $1.25 with interest.
Sam MUST pay at least the interest amount which is $.25
Sam now has $.25 in his check book
Time to pay the Bills.
But the bills now come up to $3.00 this week, What’s a Sam to do ?
In comes Big Al again to “Help” Sam out again.
Sam borrows $2.75 from Big Al to be paid back with interest.
Sam now owes Big Al the Loan Shark $3.75
Sam buy’s the “Stuff” He needs and the week comes to an end.
Week #3
Sam’s check book contains $.25 , He had to take another cut in pay.
Sam’s Loan amount to Big Al comes up to $3.75 with interest.
Sam MUST pay at least the interest amount which is $.75
Sam now has 0 in his check book
In comes Big Al the Loan Shark to “Help” Sam out once again.
Sam borrows $.50 so he can make the interest payment on Big Al’s Loan
Time to pay the Bill’s.
But the Bills now come up to $4.00 this week, What's a Sam to do ?
In comes Big Al the Loan Shark to “Help” Sam out yet once again.
Sam borrows $4.00 from Big Al to be paid back with interest.
Sam now owes Big Al the Loan Shark $5.00
Sam buy’s the “Stuff” He needs and the week comes to an end.
Week #4
Sam’ check book contains $.10, Sam had to take another cut in pay.
Sam’s Loan amount to Big Al comes up to $4.90
Sam MUST pay the interest amount which is $.90
Sam has 0 in his check book
In comes Big Al the Loan Shark to “Help” Sam out another time.
Sam borrows $.90 so he can make the interest payment on Big Al’s Loan
Time to pay the Bills
But the Bills now come to $5.00 this week, Oh What’s a Sam to do ?
The Interest on Big Al’s Loan, a Dollar Twenty Two !
With all the “Stuff” Sam needs to buy for Sam and me and You
It seems as though the end has come for Sam to see it through
Then with a zap and quite the quote Sam’ boss has come to you
We’ll cut Sam’ pay then spend it all then go to Uncle Harry
Or is it Bill or maybe Jill, NO .....I think his name is ......Yes.
That’s it, His name is John Kerry.
Sam’s boss George was wrong, And Big Al the International Financier will not relinquish his hold on the collateral he has obtained from Sam, It now belongs to him.
--- "Deficit" vs. "National Debt" ---
Suppose you want to spend more money this month than your income. This situation is called a "budget deficit". So you borrow. The amount you borrowed (and now owe) is called your debt. You have to pay interest on your debt. If next month you don't have enough money to cover your spending (another deficit), you must borrow some more, and you'll still have to pay the interest on the loan. If you have a deficit every month, you keep borrowing and your debt grows. Soon the interest payment on your loan is bigger than any other item in your budget. Eventually, all you can do is pay the interest payment, and you don't have any money left over for anything else. This situation is known as bankruptcy.
Each year since 1969, Congress has spent more money than its income. The Treasury Department has to borrow money to meet Congress's appropriations. The total borrowed is more than $7,000,000,000,000 and growing. Even when government officials claim to have a surplus, they still spend more than they get in. We pay interest on that huge debt.
It’s Time for Fiscal Responsibility , It’s time for a change in Leadership
It’s time for John Kerry to change the course of this reckless policy that Conservatives and Liberals from all walks of life can see as a failure.
A miserable Failure..........
http://www.johnkerry.com/
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