Thursday, April 13, 2006

Wake up and smell the red ink

I can remember the smell of fresh ink from the handouts that rolled off the mimeograph machine at Agnes Cotton Elementary School. The smell had a distinctive and somewhat alluring odor (at least to an eight year old kid).
I got the same sensation this morning reading David Broder's column in the Washington Post. Ok, maybe it wasn't necessarily that distinctive, alluring odor, but I certainly smelled the red ink dripping from his every written word.
The red ink Broder wrote about comes not from an elementary school principal's office but from the Financial Report of the U.S. Government, a document brought to Broder's attention by our own 5th District Congressman Jim Cooper.
You know Cooper - that ubber geeky, super smart fiscal conservative Democrat who is forever going on and on and on about the dangers and pitfalls of deficit spending and the federal debt.
Before you scroll ahead in search of a lighter, more entertaining post, please give me your undivided attention - for just one minute.
This stuff of which Broder writes and of which Cooper speaks is some serious shit (that's deep doo-doo for you more family-oriented browsers).
Broder writes that the official financial report on our government - which Cooper notes is so hard to find in DC you could make a bundle selling a copy of it on EBay these days - shows that the federal deficit is(with apologies to my more hip-speak daughter) like way too totally under reported. Cooper points out to Broder that instead of our federal budget deficit for 2005 being a depressing $319 billion as reported by the White House and Treasury Secretary John Snow, it's actually more along the lines of a "make you want to jump out a freaking window" $760 billion.
A hundred billion here, a hundred billion there, who really cares you ask?
Aside from the fact that we citizens are only getting half the story from people we are told to trust with our tax dollars, our federal government is spending like they actually have any money to spend, with promises to return money to taxpayers that they don't have to give back.
Here's the street line on all this - we ain't just broke, we are flat busted...we ain't just in debt, we are drowning in debt...and the future ain't bright so take off the shades.
Sadly, aside from a handful of congressional fiscal watchdogs - Cooper being a leader of that small pack - no one - other than a now enlightened David Broder seems to want to talk about it, much less actually face up to it.
Read Broder's column today.
Tell someone you care about to read it too.
Maybe, just maybe, if we start paying attention to Cooper on this stuff, and maybe, just maybe if we all took it a bit more seriously, we might become a little more enlightened ourselves and force our lazy ass elected officials to do something about it.

3 Comments:

Blogger Idava said...

Are we the only people here that can do math?? Honestly if you or I were running our businesses or homes like this we would be living on the street. Totally bankrupt is where we would be! Do not pass go. DO NOT collect $200.

11:19 PM  
Blogger MickeyWhite said...

Thank Marsha Blackburn, who voted for every pork project and to raise the debt limit to 9 TRILLION. Marsha Blackburn ignores the Constitution and give OUR money away like it is candy.

5:59 AM  
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1:08 PM  

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