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Published on April 15th, 2011 | by Leonard Jackson


Ain’t You Ever Been Lied To?

I had intended to cover a variety of issues when I initiated this blog last September. I was eager to express my views on topics of the day that I was curious about and share my opinions with those who heard my thoughts and wanted to offer theirs. I didn’t intend to concentrate on any one subject and especially not our political environment, but these issues continue to so dominate our news and are so vitally important to our lives and the lives of our children and the future of our country I can’t avoid thinking about the looming disaster that some of us some day will forced to deal with.

After all, what they’ve all been talking about lately, ad nauseam, is really our money and who gets to spend it and on what. It will all come down to some “investment” we’ll be asked to make. As usual, we will not be included in the matter until it’s time to cut a check and then we’ll be welcomed. We’ll be included in that notorious group of “the rich” and be expected to pay more taxes to be fair to those who don’t make as much as we do. Those unfortunates who have been so mistreated by society they must be cared for from the cradle to the grave and we’ve got the politicians here who are anxiously waiting to help.

The new people in Congress believe that they were sent there to stop the onslaught of spending initiatives we are now enduring. They demanded we cut $100 billion from the budget before they would vote to increase the debt limits to keep the government from shutting down. After much haggling the word was that there would be $61 billion cut. The left howled. We seniors were back on that dog food we get into in times like these. Babies were roaming our streets naked and starving. So now the government was going to shut down if we couldn’t agree on a number. At the last hour the number was $38 billion and the government didn’t shut down. But now that we see what was counted as cuts as only Washington can define them the actual number seems to be $300 million or so of actual legitimate cuts in spending. We have been lied to by everyone involved in this process – our president, our representatives and senators of both parties and our accommodating friends in the media. The Washington way of governance is so patently corrupt that it is not even possible for these people to tell us the truth.

Folks, this seems to me to be serious stuff. We are watching a bunch of yahoos who are part criminal/part imbecile totally bankrupt our nation and nobody seems to care. Not the public, not the Republicans and certainly not President Obama and the Democrats. None of these people are the least bit worried about what this scurrilous, over-the-top hoax that is being perpetrated against the people of this nation is doing to our future and the standing among other nations that we have held since our birth as a nation. No one apparently has the stomach to make the changes that it would take to address our spending addiction in any way. They will say anything, our leader and all his minions – every one of them, to distract, delay, and eventually ignore any sensible changes needed to even start a plan to right this ship. There are so many numbers bouncing around concerning this subject I won’t even think about quoting any of them – even if I thought they were accurate but there was one in the Wall Street Journal that really got my attention – if the government took all the income (100% tax) from all taxpayers earning $100,000 and up, we would not have enough revenue to pay for President Obama’s proposed budget. This is unbelievable but it is our starting point. This is how large the task we face.

I can tell you now spending more than you make is not a sound policy. No matter whether it’s our nation or our family it all works the same way. You will eventually become indebted to whoever bailed you out and you will stay in that unsatisfactory predicament until you are no longer indebted. Surely Congressman Paul Ryan (R-WI) is not the only person in Washington DC who will even offer this first steps to recovery. Someone else had better join him soon. No more lies and double talk. No more conferences. No more committees to study the problem. No more impossible promises that can’t be kept. Just honest spending cuts until we can see a light (any sign of light) at the end of this tunnel. If we can’t find any more supporters who are willing to come forward and join Congressman Ryan, God Help Us.

This is the last political observation I’ll have for a while. I’ll try to find something we can laugh about or at least be entertaining in some fashion. For starters under the topic “Sports” – The Kansas City Royals will finish the season with a .500 % win record or better. They will finish second in the American League Central Division but will not be in the playoffs this year. In the following years they will be a perennial contender for the league championship. You heard it here first.

About the Author

As I prepare my “reentry” into the e-world of blogging, I am advised that I should provide my prospective audience with a brief biographical résumé covering my life’s work and future aspirations so that I, and my work, can be properly categorized and thus judged in the proper venue. Since I will be joining a new group in just a few short months, it came to my attention that for a quick summary I can cover my life span in 20 year segments that pretty well sum up the route that I took to get to where I am today. In December, the Lord willing, I will become a member of that esteemed group known as Octogenarians. . Now that may be a disturbing, even scary, pigeonhole for some folks to find themselves assigned to, but I’m beginning to realize some real benefits from being maturity advantaged. The first 20 years I grew up, was educated and began my married life and my career. Second period was about 20 years in the cotton business in Memphis, TN. Trading this commodity in the world’s largest inland cotton market. Third period was spent in the municipal bond industry in Memphis, Houston TX Chicago and finally to my present home in Kansas City, MO. The fourth 20 years I served as a registered investment adviser to a number of individual clients which I continue to do in a semi-retired capacity. In addition to all this, over all these years, I have been blessed with a loving wife of sixty years, four children, four grandchildren, two great grandchildren, and a menagerie of grand horses, dogs, cats and a donkey. Providentially, none of these, except of course my patient wife, are still living in the family home. And now the fifth period will be consumed in my new career. For the first time in all the years I have an opportunity to share my opinions with the world. I can truly express my thoughts without regard to any extenuating conditions. I can just say how I feel about any subject. How liberating. Let the blogging begin!!!! By the way – what I do in the next period remains to be seen and depends on how well I do in the fifth period.

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