Tuesday, October 2, 2012

The Word is: Money

I try to make this blog an uplifting and inspiring place, so please forgive me if today's post is more of a downer but this is important information and I feel I should share it. I saw something this morning that made me queasy, and I had to turn off the television and put my head down on my pillow for a minute. According to the report I saw, our nation's government (the good old USA) spent nearly 1.3 trillion dollars more than it took in in the past twelve months, which translates to over $10,000 per American household. That's just this year. Alone. Spending so much more than the government takes in is a very dangerous trend. The total national debt is currently north of 16 trillion dollars. That's sixteen thousand-billion dollars (I think). Can you fathom that amount of money? I certainly can't. And I don't know about you, but this makes me completely sick. It does help me feel just a little better about my own family's financial health in comparison with our nation's, but people, we are all in this together and the fiscal path our country is on is simply not sustainable. Living within our means... what a concept. Makes sense to me. Just something to think about as the presidential election draws near... God bless (and God help) America!

"Our nation stands at the crossroads of liberty."  —James Lankford

"We must not let our rulers load us with perpetual debt."  —Thomas Jefferson

"It is a terrible situation when the government, to insure the national wealth, must go into debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan."  —Thomas Jefferson

"... What good is gold? You could not eat it, drink it, wear it, or carry it off where you could have something to eat. The time will come that gold will hold no comparison in value to a bushel of wheat. Gold is not to be compared with it in value... Gold is good for nothing, only as men value it. It is no better than a piece of iron."  —Brigham Young