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Who Owns the US?

June 12, 2009 | By: account4steve
Filed Under: Other
Some interesting facts to drive home the point that our country is in serious financial trouble... US Assets are 1.974 Trillion with 12.178 Trillion in Liabilities or 15 cents of assets for every $1 of liability Canada has $1.5 of assets for every $1 of liability (Canada dollar) China has $740 Billion of our debt or 40% of our total assets Scary? You bet.
June 12, 2009 | account4steve | Leave a comment

The Government is Inefficient…Get Used to It!

June 10, 2009 | By: account4steve
Filed Under: Politics
So NOW you are upset with government spending!? Seems like only a few years ago when people could care less that the GAO was writing “… it seems clear that our nation is on an imprudent and unsustainable long-term fiscal path that is getting worse with the passage of time.” Ok, so now that people [...]
June 10, 2009 | account4steve | Leave a comment

GM to Become Next Amtrak?

June 1, 2009 | By: account4steve
Filed Under: Other
It’s possible that GM could become the next Amtrak. For those not familiar with Amtrak it is the passenger train system developed in 1970 and was going to turn a profit in five years. Well 39 years later Amtrak is still providing mediocre service and running huge deficits. Click Here to Read Article
June 1, 2009 | account4steve | Leave a comment