Ozarks Local, page 5:
Section: Your Business
Selling our confidence for paper money
By Mr. Penny-less, Dylan Mockery
“Mr. Speaker, we are here now in chapter 11. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future. There are some who say it is a coroner's report that will lead to our demise.”
These were the words of Representative James Traficant, Jr. (Ohio) addressing the House on March 17, 1993. His words shook the legal world of the time to the numbing truth: “The United States is bankrupt!”
Nearly, 10 years later his words have prophesied the demise of our society. Our confidence in this society has been shaken off its foundation, with only a matter of time before the walls come tumbling down. Some will say I am cynical or deranged and that this country will remain “United.” Yea, united in chaos when the financial roof falls in with those tumbling walls! I'm speaking a truth that must of us are in denial over. The country is in a barrel of flames due to the handling of it's own money.
Now, I'm not talking about the waste in spending for office supplies or adsorbent price tags for military aircrafts. Our subject is the core of the problem, not what is seen at a mere glance (unless you've looked here before).
All of the following, are facts we all have read but shows how the confidence in paper money is soon to be lost completely.
First, corporations “mimic” the government's attitude to paper money. Just look around people! We've seen it…
Professional sports especially Major League Baseball (MLB) waste our paper money. While people in this country can't afford the necessities of life they get paid. Yes, they get paid like no other. The average 2001 salaries were $2,272,620 from 866 players (which includes the 2-bit-can't-swing-a-fly-swatter-kind). With a combined payroll of $2 billion, the MLB has the highest paid “workers” in this country in this world for all that matters. Now, you'd think the MLB would be making money if they spend that much. No! They lose money every year, .25 million last year according to Sports Illustrated. Which makes one think… Where is the money coming from if the owners and the corporations backing them lose it?
I'll tell you soon, but you already know the answer. Here's one…
US energy trading conglomerate Enron still shows it's ugly face on the economy. This Fortune 500 Company when filed for Chapter 11 bankruptcy took nearly $50 billion with them. Enron is credited for being “the largest bankruptcy in American 'corporate' history,” so said the U.S. Justice Department. Yes, 'corporate' maybe… but not by far with our government's own bankruptcy!
Yet, there is more…
[ more "Paper money"--> | previous page | next page ]
(Read other stories from this page: "Kids and their computers, more than just good for them")
**These stories were brought to you by: (L.A.B. Local Area Businesses:
Lone Oak Printing (Custom printing of all kinds) Waynesville 573-774-3001, Crocker 877-736-2806;
Al's Wood Working (Custom Cabinets, Interior Wood Finishings) 573-736-2015;
Life Care Center of Waynesville (Senior caretaker) Waynesville 573-774-6456;
Scently Sweet Candles (Scented Candles) Waynesville 573-774-3613;
Mack's Pet Store (Your Hometown Pet Store) Waynesville 573-774-2344;
Ceramic Shop (Ceramic sculptures) Waynesville 573-774-2623)**
