Bottom line, it is broke. Cause more money is taken out then put in.
The whole US federal debt is 15.2 trillion dollars now. The SS ponsi scam is just part of the overall picture.
Uncle Sam pays out 300 billion per month and only collects 180 billion in taxes per month. SOoooo.....The other 120 billion comes from borrowing.
To really see where the largest entitlements are just look at this website...www.usdebtclock.org, this is staggering and sickening at the same time. I believe that the US of A will become just like the nations of Greece, Italy, Iceland, etc. Due to the politicians trying to please the workers, (tax payers) and the takers, or non-workers. Now if you could just take the right to vote away from the non-workers then the problem would fix itself overtime. Ok throw me to the wolves.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
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