The United States government is bordering on total financial collapse and it is only the fear from other governments that it might happen that keeps them playing the shell game of buying more worthless US$’S. The other amazing thing though is that our government is NINE TRILLION in debt (I know, who can comprehend a TRILLION?) and the proposed budget for this year is another $1.8 TRILLION in debt (for one year)!  

But don’t worry, the government will bail out financial institutions, automobile industries, insurance companies, and on top of it all provide HEALTH CARE for everyone. Listen, the United States government has PROVEN that it can’t run anything successfully. Can you say Amtrak? Can you say U. S. Postal system? Oh let’s just cut to the chase and ask, can the United States government itself stay within a budget?

The answer isn’t just no, but HELL NO!  

The deficit for the current budget year will rise by $89 billion to above $1.8 trillion — about four times the record set just last year. The unprecedented red ink flows from the deep recession, the Wall Street bailout, the cost of  President Barack Obama’s economic stimulus bill, as well as a structural imbalance between what the government spends and what it takes in.

So, we’re just going to keep printing more money?

As the economy performs worse than expected, the deficit for the 2010 budget year beginning in October will worsen by $87 billion to $1.3 trillion, the White House says. The deterioration reflects lower tax revenues and higher costs for bank failures, unemployment benefits and food stamps. For the current year, the government would borrow 46 cents for every dollar it takes to run the government under the administration’s plan. In one of the few positive signs, the actual 2009 deficit is likely to be $250 billion less than predicted because Congress is unlikely to provide another $250 billion in financial bailout money.

There is no more money: never has been to bailout anyone!

White House officials said the gloomier deficit picture reflected weaker tax receipts as the economy declined and higher costs for social safety-net programs such as unemployment insurance. Spending on the government rescues for the financial and automobile industries also was a factor in the higher deficit, according to the White House.

Well duh!