JAMES MADISON QUOTE - 1822

"A popular government without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy; or, perhaps both. Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power knowledge gives."

SCOTTSBORO WEATHER - SUN & MOON RISE

Showing posts with label national debt. Show all posts
Showing posts with label national debt. Show all posts

Wednesday, October 16, 2013

A Serious Crisis Looms - The Next 24 Hours will Determine the Destiny of Our Nation - 1:PM-DEAL REACHED?

Military.com photo (Fair use)
 

A deplorable state of our nation- http://www.military.com/daily-news/2013/10/15/troops-next-paycheck-disappears-if-us-defaults.html?ESRC=todayinmil.sm 
"The troops will get paid on Tuesday (15 October, 2013), but the check after that could come in the form of an IOU if the nation defaults on its debt obligations, Treasury Department officials said.
Default on top of the government shutdown would cancel out the hastily-crafted legislation that brought back furloughed Defense Department civilian employees and allowed for the payment of back pay, death benefits, incentive pays, re-enlistment bonuses, veterans disability benefits and survivor benefits. All would be eliminated if Congress and the White House fail to reach agreement on raising the debt ceiling to avoid default on Oct. 17, Treasury Secretary Jack Lew said last week."

The Imperial Republican Party exposed



Congress and the President has a Constitutional responsibility to pay debt and pensions. Article 14, Section 4 of the United States Constitution: "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."
 
The debt ceiling explained in 10 short sentences. http://www.motherjones.com/kevin-drum/2013/10/debt-limit-explained-ten-sentences  "Not much of a choice, is it? That's why it's time for Republicans to stop playing games with the financial equivalent of nuclear weapons and agree to raise the debt limit" - NOW!
 
Bloomberg Reports - "Reneging on its debt obligations would make the U.S. the first major Western government to default since Nazi Germany 80 years ago."

Tuesday, June 1, 2010

Radioactive Atomic Reactor Leaks; The Corporatocracy, Bellefonte, Destruction of the Middle Class. (Are there really any Conservatives in the U.S.A?)‏

Just say no to a radioactive atomic reactor at Bellefonte.
The TVA stripped radioactive atomic reactors at Bellefonte, Alabama.

Is this the outcome Scottsboro's leadership wants for our corner of God's Good Earth? Leaking radioactive elements such as strontium-90, cesium-137, zinc-65, cobalt-60 and tritium at 100 times more than the EPA's safety level, does that equate to a safe and clean power source? http://www.google.com/hostednews/ap/article/ALeqM5iTZh7xBg_qjTHzwhDIzy1Mzq3EEgD9G1C1300 http://popularlogistics.com/2010/02/vermont-senate-voted-to-shutdown-vermont-yankee/

The TVA and radioactive atomic power proponents have stated to the citizens of Scottsboro that "nuclear power is clean, safe and cheap," their statements are false. Review of the NRC Event reports will disclose mounting mechanical failures, contamination events, fires, security violations and frequent reactor scrams at nuclear reactors. Contamination events, safety equipment failures and loss of controls at atomic fuel fabrication facilities are just some of the problems at atomic fuels facilities. http://www.nrc.gov/reading-rm/doc-collections/event-status/event/2010/index.html

When billions of dollars are involved is lying permissible? The Deep Water Horizon explosion and environmental disaster is proof that money of the corporatocracy is far more important than citizen lives or regulatory action of government in the Republic. http://thecorporatocracy.com/

Is the Nuclear Regulatory Commission part of a lying corporatocracy? In reinstating Bellefonte's cancelled construction license the Chairman of the NRC described their action as "unprecedented." http://www.timesfreepress.com/news/2009/mar/29/alabama-salvaging-bellefonte/ The reinstatement of a cancelled atomic power license for Bellefonte went beyond the scope of nuclear regulatory safety guidance. The reinstatement action on the part of the NRC was not for the consideration of public safety but to circumvent newly instituted atomic power construction guidelines. By reinstating Bellefonte's old construction license the old rules apply, not the new rules concerning atomic power facility construction. Economic expediency, not citizen safety was the underlying reason for the reinstatement of Bellefonte's construction license.

If you claim to be a conservative and support nuclear power, you are in fact supporting growing the national debt and socialism, not a very conservative approach to our Republic. http://www.heritage.org/research/testimony/nuclear-power-federal-loan-guarantees-the-next-multi-billion-dollar-bailout


Thursday, January 3, 2008

The Weight of Our National Debt



I was contemplating the weight of our national debt. Each of us are strapped for over $30,000.00 each in the payback of the debt. As of this writing the debt approaches $9,213,030,000,000.00, that's 9 trillion plus, http://zfacts.com/p/461.html How much would this enormous debt weigh? Math discloses the current weight to be approximately 202,686,616 pounds, 101,343.3 tons (utilizing $100 notes to form the package), a Nimitz class aircraft carrier weighs 97,000 tons. That would take 5067 tractor and trailer rigs loaded at 40,000 pounds each to haul the load, an extreme haul. Imagine a 65 mile long truck train if lined up bumper to bumper. The haul and the debt grows in weight rapidly. 1 cool million in $100 notes weighs approximately 22 pounds.