WHERE is all of the MONEY?? (vanity)

3-28-10 | RCA2000

[Rca2000]

It now seems that EVERYONE is broke!! Individuals, towns, cities, and the WHOLE country!! AL I hear is how "no one has ANY money anymore--business, schools, charities, etc. It seems that nearly everyone is broke anymore.

Case in point. Not far from here, maybe 10 miles away--a well--known school district passed a BIG levy, maybe a YEAR ago. Now, they are broke AGAIN and threatening massive"cuts" as schools always do. The people of this upper-middle class area most likely will see another levy in a couple of months.

What happened to all of the money?? That levy was for millions--why are they broke again??

And that is not the only school like that. Most schools seem to be like this.

I seem to recall, when I was a kid, maybe 35-40 years ago...this country seemed to have PLENTY of money for EVERYTHING it needed to do. We had a top-notch military, space program, schools were not always broke, nor did most every state and city run huge budget deficits. People had good jobs--and were paid well--and were loyal, comfortable employees.

Now-we as a country are about 14 TRILLION in debt--but STILL nearly everyone is broke!! IN the last 3 years alone---about 5 Trillion has been flushed down the drain, to NO improvement. Still--no one seems to have any money. And NO ONE seems to have decent jobs anymore--and employers do NOT seem to be willing to pay much, either. Needless to say, few employees feel secure, or comfortable at their jobs.

SO---just WHERE did the money go??

Is it all going to the illegals and their "expenses"?? Is it all somehow being funneled to the "peaceful" Muslims??

Of have a bunch of super-rich people simply been squirreling it all away?? TRILLIONS?? I really doubt THAT.

But somehow--trillions have just "disappeared". Now--we have a weak military, a dying space program, no energy policy--and things are getting WORSE!!

Anyone have any ideas??

[SoCal SoCon]

Corporate globalist types are hiding it in offshore bank accounts and they’re not giving it back without a fight. Not only do they outsource AMERICAN jobs but our government pays them to do so! See my tagline.

The point that a previous poster made about the debt is also very important. Instead of choosing between the low-tax low-service conservative model of government or the high-tax high-service liberal model, our so-called representatives are cutting taxes like conservatives, spending like liberals, and borrowing or printing money to make up the difference.

[Uncle Miltie]

I took a few hundred thousand dollars out of American investments and sent the money to investments in foreign countries because I have no faith in any branch of government (especially the Fed) to do the right thing.

That’s where my money went. To places with a better investing climate.

Plus, housing is no longer effectively “Free” (liar loans, no downpayments, etc.) so that housing now has a positive cost. That’s a huge difference, when your house is now a potential liability and cash sink rather than an asset and a cash generator.

[Uncle Miltie]

0bamanomics is working!

Incomes are more equal than ever!

(We’re all becoming equally poor, just like every other socialist experiment in history).

[familyop]

Find out what K-12 teacher salaries are there.

[steve86]

Exported manufacturing industry, very little is really productive now except for agriculture, a lot of paper shuffling and “service” industries, entitlement programs, and financial bubbles that pop and take a lot of assets along with them. And the change from ‘Proud American Contributor’ to ‘What can you do for MMMEEEE’.