New FREE e-book: The Old Man and the Widow

New FREE e-book:  The Old Man and the Widow
To Order my E-books click on the Book or "My Book"Tab

Sunday, June 20, 2010


I just found out how poor I am. It was disconcerting to say the least. The US debt clock keeps tab on how much I owe, and they are planning on collecting as much of it from the Tax Payers as they possible can.

The thing of it is the clock is talking about real money. While it is just figures on a chart, it doesn’t mean that it is meaningless. It is a contract I inherited at birth and I am liable for it. I must admit this frightens me.

At this writing the debt is in excess of 13 trillion real dollars, just like the one I have in my pocket. The unfunded debt is 109 trillion real dollars. The debt each citizen owes at present is 42 thousand real dollars, but since most people don’t pay taxes, (this is the reason there is not more of a hue and cry about tax increases,) the amount each Tax Payer owes is about 120 thousand real dollars and climbing.

Now, what I am wondering is, how much can I owe before I will have to declare bankruptcy? And how will I survive when my money is taken from me? Looking at the debt clock it is obvious that I am broke and in more debt than I can pay.

One thing I don’t like is, the people in charge keep giving money away and putting it on my obligation to pay. If this keeps up I can never get out of debt. I know that this is fair, but somehow it doesn’t seem right that I must pay for debt that I have no say so about. But this is how socialism works. Oh, woe is me

Check out this clock


Lyrics to the song; I’M BUSTED

My bills are all due and the baby needs shoes, and I'm busted

Cotton is down to a quarter a pound, but I'm busted

I got a cow that went dry, and a hen that won't lay

A big stack of bills that gets bigger each day

The county's gonna haul my belongings away, cause I'm busted.

I went to my brother to ask for a loan, cause I was busted

I hate to beg like a dog without his bone, but I'm busted

My brother said there ain't a thing I can do,

My wife and my kids are all down with the flu,

And I was just thinking about calling on you, cause I'm busted.

Well, I am no thief, but a man can go wrong when he's busted

The food that we canned last summer is gone, and I'm busted

The fields are all bare, and the cotton won't grow,

Me and my family got to pack up and go,

But I'll make a living, just where I don't know, cause I'm busted.

No comments:

Post a Comment

If you are having trouble making a comment - select anonymous but please add your first name to the comment.