The President is speaking at this very minute on the current financial crisis.
It is not all his fault.
He mentioned the cost of terrorism, crooked business executives, natural disasters, the .com plunge and he used other dark language.
He said that the parties had better get together and give out more money to save current improperly-managed companies and to put money in the pockets of folks like us and folks who do not like us.
We can pay for all this later with our robust economy and people not paying taxes to lower our humongous deficit.
On the other hand, Senator Joseph Biden said that the deficit must be lowered by shifting the tax burden to rich folks at a rate almost as high as the tax rate on rich folks during the Reagan Administration.
He said that rich people should be happy to do their part on lowering the deficit and to give middle income families a break. He said that would be the patriotic thing for the blessed rich people to do since they can easily afford it.
Many rich people didn’t like what he said including all Republicans and Governor Palin and Senator McWhatchamacallit who said that paying more taxes would not be patriotic for rich folks.
The only rich guy I know of who agrees that the rich have not been paying enough taxes is a gentleman-who thinks all the time- by the name of Warren Buffet.
Bush said that what we need to overcome the current financial situation is confidence. Confidence by the American people will save us from the poor judgment of his administration, the greed of corporations, God’s horrible weather patterns and the shortage of intelligence in Washington D.C.
We can show our confidence by playing a little game. It is called DUH.
The theory of the White House is that everybody had better keep spending. The government must continue to increase the deficit by passing out money to big corporations and folks like us. We must do our part by buying more things we don’t need such as another pair of binoculars, coffee drinks at Starbucks®, a new hybrid car and by replacing that sagging mattress.
Yes, we should throw the kids in the car and take off for Disney World® or the United States Virgin Islands or Puerto Rico. We must spend, spend, spend or the economy will drop like a shot-put in the La Brea Tar Pits.
Of course, none of the above will save us from depression. Already we have to take a bushel of money to the grocery store to buy a quart of milk and a loaf of bread. This inflation is caused by our weak dollar which, despite the efforts of the World Economy to bolster it up, is shrinking, shrinking and shrinking.
No wonder gasoline is so expensive. Well, I guess the oil speculators were also at fault.
Well, they were.
When we are in the depths of depression, the government will spend more money to get us out. As we pull out of that depression in 2028, we will see inflation’s ugly head.
When my brother was on leave during the Big War, I asked him, “What is inflation.” That is where I got the bushel of money for a loaf of bread analogy given above.
At that time, I realized that I had already experienced that with the sinker. Bake the baker made the sinkers and we kids loved them. They were about four inches square, filled with that yellow custard stuff and the top was covered with chocolate frosting. Yum!
A sinker cost a nickel. A nickel is that now worthless coin with a buffalo head on it. Well, it had a buffalo head in my day.
Bake first raised the price to a dime.
We were devastated.
How could we afford sinkers that cost a dime?
Then Bake cut the size of the sinker in half and still charged a dime.
You can now buy a sinker thing at our bakery shops for eighty-nine cents.
The high price keeps me off the famous “Sinker Diet.” (Not really. There is no such thing as a Sinker Diet.)
Preparing for the Bush Administration Depression
Well, you don’t really need to prepare for the coming depression. A depression is when the economy takes care of its self. Money becomes more precious but nobody has it. Everybody has to make do, do without or fix it. Everybody eats beans.
Plant a garden.
Here’s how to make beans:
1. Get some of those little white beans called Navy Beans.
2. Boil water and place the beans in the water.
3. Add some salt pork or a ham hock.
4. Let the brew boil for eight hours or so.
Can you bake bread?
When that hobo comes to your back door, he will want bread with his beans.
Fly Old Glory!
- Government Homeowner Rescue Program Pays $500-$1,000-Mo Cash to Homeowners Toward Mortgage Payments
- Understanding Subprime Lending And Its Implications To The Current Graduate Student
Preparing For the Bush Administration Depression have 842 words, post on ezinearticles.com at September 19, 2008. This is cached page on TechNews. If you want remove this page, please contact us.