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  1. #1
    Fiddlin' Five
    Join Date
    Aug 2012
    Location
    Outside Owensboro, Ky
    Posts
    6,782

    Here it is in a nutshell

    Subject: The U.S. Financial Position ---








    This seems pretty simple. Can't believe our congressmen and senators are unaware of this.



    I found this pretty informative.

    No matter if you are a Democrat, Republican, or an Independent, the information in this video will affect you and your family. If you don’t watch another video, you must watch this one.

    This is a non-partisan video produced by an accountant, Hal Mason, retired after 27 years with IBM. He looks at the budget, its revenues and expenses, and very simply illustrates the problem. Amazingly, we get all the media talking heads blathering and shouting for hours and never get clarity.

    This guy does it in a couple of minutes. Click below to view the video.



    http://www.youtube-nocookie.com/embed/EW5IdwltaAc?rel=0

  2. #2
    Unforgettable
    Join Date
    Aug 2012
    Location
    brandon, ms
    Posts
    10,571

    Re: Here it is in a nutshell

    pretty self explanatory. And if you listen to Obama talk about raising taxes on the rich, he then talks about all the new things he wants to spend money on. That cliff is fast approaching, and that little branch that beetle bailey always grabs as he goes over the cliff, wont' hold us up.

  3. #3
    Fiddlin' Five
    Join Date
    Aug 2012
    Location
    Outside Owensboro, Ky
    Posts
    6,782

    Re: Here it is in a nutshell

    Quote Originally Posted by jazyd View Post
    pretty self explanatory. And if you listen to Obama talk about raising taxes on the rich, he then talks about all the new things he wants to spend money on. That cliff is fast approaching, and that little branch that beetle bailey always grabs as he goes over the cliff, wont' hold us up.


    Let's not forget all the tax breaks signed into law I believe in 2001, you know school loans, married, mortgage payments, health insurance, health care etc, etc unless extended are over with as well. Well cost the middle income family around $2000 to $3500 more in taxes. People really don't want to see this as real, but when it happens then they will understand.

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