I read a very interesting article today (thanks to my husband who sends me these links) and I wanted to share a passage from it that I found very refreshing. The article is about protests in Madison, WI recently because a bill was submitted to have public employees contribute 5.8% to their pension plans and 12.6% to their health care. The public is outraged! How could the government ask public employees to be more fiscally responsible by actually making them help pay for their benefits just like everyone else does?! ... the main point of the article is actually in the following quotation about the world debt.
"Indeed, the entire GDP [Gross Domestic Product] of every single country in the world only amounts to around $60 trillion. How can we ever hope to pay off $1,400 trillion dollars?
We can’t and we won’t. The only way that this $1.4 Quadrillion mountain of debt will disappear is a total and complete collapse of the global economy and its replacement with a new financial system.
Whether that also simultaneously brings down the US dollar and the United States itself as a first world country remains to be seen, but anyone who believes that a few years of austerity can redress the balance is living in cloud cuckoo land."
I guess this goes along well with my previous post about whether or not we are prepared for chaos.
Click here to read the whole article.
Thursday, February 17, 2011
Sunday, February 13, 2011
Something to Do
I haven't posted anything on my blog in well over 6 months now so I certainly don't expect anyone to read this post. It is Sunday evening and at any minute Ken will ask to use my computer so that he can finish a project on Excel (he uses a Mac). Haha...just as I was finishing that sentence he asked for it. So this really will be short because I know that he needs to use it before it gets too late.
An interesting subject was the topic of an e-mail discussion amongst several people on Ken's side of the family recently. Ken started it by relating to all of us a conversation that occurred at his work about the US Government falling apart. This post is not actually meant to be a commentary on whether or not it is falling apart. Actually, the most interesting part to me was the fact that a one of the guys said he does believe it is falling apart and that anything could break it "because we are not strong." However, he then brushed off his own comment as if it were impossible. Later a short discussion occurred around the idea of "what would we do if it all fell apart?" They all pretty much agreed that they don't really know how to do anything such as grow their own food. One guy said "yeah I guess I would just have to pillage around town." Ken felt that the guys were in essence saying that they didn't prepare for such an event because they did not want to be thought of as "paranoid" about it. But if we are not prepared for such things then we really are just left to pillage and probably do things we never thought we would do in order to get food and protect our families.
The e-mail discussion amongst his family was about whether or not we are prepared for chaos should our government fall just as nations such as Egypt and Lebanon or financial chaos such as in Greece. So my thoughts tonight are just to think about whether or not I am lulled into the sense of security that nothing like that could ever happen to me or to this country, or am I alert and prepared in case such a thing does happen?
An interesting subject was the topic of an e-mail discussion amongst several people on Ken's side of the family recently. Ken started it by relating to all of us a conversation that occurred at his work about the US Government falling apart. This post is not actually meant to be a commentary on whether or not it is falling apart. Actually, the most interesting part to me was the fact that a one of the guys said he does believe it is falling apart and that anything could break it "because we are not strong." However, he then brushed off his own comment as if it were impossible. Later a short discussion occurred around the idea of "what would we do if it all fell apart?" They all pretty much agreed that they don't really know how to do anything such as grow their own food. One guy said "yeah I guess I would just have to pillage around town." Ken felt that the guys were in essence saying that they didn't prepare for such an event because they did not want to be thought of as "paranoid" about it. But if we are not prepared for such things then we really are just left to pillage and probably do things we never thought we would do in order to get food and protect our families.
The e-mail discussion amongst his family was about whether or not we are prepared for chaos should our government fall just as nations such as Egypt and Lebanon or financial chaos such as in Greece. So my thoughts tonight are just to think about whether or not I am lulled into the sense of security that nothing like that could ever happen to me or to this country, or am I alert and prepared in case such a thing does happen?
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