> i was surprised to hear the  deficit in the US has limit over which unless
> it is re voted on funds are not available to service it
> 
> *http://tinyurl.com/m3xxv5*
> *
> *
> *http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm*
> *
> *
> * <http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm>
> http://www.usdebtclock.org/*
> *
> *
> *
> *
> <http://www.usdebtclock.org/>it doesn't bear thinking about should the US
> default .. i guess that really can't be allowed to happen
> 
> maybe china will provide a bail out ?
> 
> if the people with all the money and a reduced share of the tax burden don't
> pay more tax
> 
> however many jobs they might provide  ...  if they don't contribute but
> avoid  their fair share
> 
> then it will be a new world order
> 

Government spending is the problem. No matter how much we're taxed, they spend 
too much. That's the case in Greece, Spain, Portugal and Ireland, and soon the 
US.

> 
> 
> 
> *
> *
> *
> *
> On Thu, Nov 18, 2010 at 3:29 AM, richardsan <[email protected]> wrote:
> 
> >
> >
> > imagine an empty cookie jar, frank.
> > consider that most people like the cookies and will buy them.
> > you can't fill the jar with cookies, by proxy, frank.
> > the cookies must actually be placed into the jar, frank.
> >
> > in the same manner, you can't get an economy moving by reducing funding for
> > it by not collecting revenues to re-fill the 'bank'.
> > reducing taxes is not going to fuel a civilisation, frank.
> >
> > --
> > "doubts are the only certainties i have left."
> > m. feldman
> >
> >  --
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> 
> 

Francis Drouillard, PE
Novato, CA 94945


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