US Government Spending Explained in 60 Seconds With Apples

Need an explanation behind the US Government’s spending philosophy? Here you go…

The US Government buys a truck to go into the apple business.

They drive from Washington DC to Washington state to pick up the apples.

They buy the apples for $1 each.

They sell the apples in Washington DC for $1 each.

They decide in order to start making a profit, they need 1 million more trucks.

Here endeth the lesson

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US Spending versus Income. GDP Chart

Well, I think this pretty much sums it up…(Click for larger image).

 


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BP Offshore Oil Strike Game from 1970

Funny that the BP Offshore Oil Strike game never really made it to the United States – well, at least in game form.

Two to Four Players compete at exploring for oil and building platforms. Players must avoid the “hazard cards” which read such set-backs as, “Blow-out! Rig Damaged,” and “Oil Clean Up Cost. Pay $1 Million.”

$1 Million? BP wishes it was only that much.

The rest of the info on the game is even more sketchy than the actual disaster. Supposedly endorsed by BP and other oil companies the game was produced around 1970 with little sales (wow, there is a surprise).

I suspect this game will now emerge from dark closets across Europe and start selling on eBay along with Connect Four Hurricanes and Chutes and Failed Car Companies.

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Un-Healthy America is Stuck in the Middle…Again

I have, successfully, avoided political commentary on The Slow Bleed for the better part of 2010. Frankly, it was intentional but I guess even this hiatus cannot last forever.

Let’s start with last night’s monumental passing of the Health Care Reform package shall we?

For starters, let me be very clear. It is terrible that 40+ Million people living in the US do not have health care. Few elect not to have it while the greater part of the group simply cannot afford it. That tragedy certainly needs attention and needs to be fixed but in the correct manner. With that said…

The Bi-Partisan Bill with only One Party’s Votes.

Must Have: American’s will be required to have health care, or pay a fine. Seriously? Who decides what is affordable or not for another individual? Since when are American’s required to purchase something? Will we be required to purchase a Ford if the US car companies get in trouble again?

Dollars and Sense: “We,” the taxpayers, will pay somewhere around $950 Billion dollars, initially, for the plan. It may reduce the national deficit by $150 Billion in the first 10 years (second grade math tells me the plan then initially costs taxpayers $800 Billion right?). [Read more...]

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Giving Banks the “Bird.”

Chock this up to the too unbelievable to be true category. Bank America is being sued for seizing a parrot.

If seems an employee contractor was sent to the wrong property when it believed the owner of the property was in default on her mortgage.

The women was not home at the time, but the contractor changed the locks, cut the water pipes and electricity, poured anti-freeze into the sinks and toilets.

If that was not enough, the contractor took Luke, her blue macaw.

When the women contacted B of A, she was told the company had zero tolerance for that kind of error; but the women still had to drive 80 miles to recover her parrot.

She is suing B of A for $50,000 in damages.

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Budweiser Wins in Poor Economy

Well, here is a surprise. People drink in a poor economy.

When people are depressed or undergoing financial hardships, they drink. Who would have thought?

My proof? Anheuser-Busch made $1.28 billion in the last quarter of 2009. Budweiser remains the market leader in the US and Brazil.

Sure some people will say it had nothing to do with the economy but I beg to differ. If it is not due to the economy, what is it?

  • Certainly there were not that many NASCAR events going on.
  • Martha Stewart has not changed from cooking with wine to beer.
  • With the increasing shortage on chicken wings; beer and wing combos have not increased.
  • Beer is still more expensive than water (for now).

Yep, I pretty much think it was the economy but will need extensive time and money to research fully.

[Insert government approved grant here for further testing]

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We Beat Our “Low” Expectations!

Pop that campaign cork and go pick up that Snickers bar you had on layaway now!

The Commerce Department has just announced that retail spending, in January, was up o.5%. This far exceeded the estimates*.

*Understand the estimates were pretty low to begin with. Pretty much the economic equivalent of expecting a “special” kid to make the Taj Majal out Popsicle sticks. Unless it is the Elephant man or that kid from the movie Mask, it just isn’t going to happen.

Seriously? 0.5% is worth the “hey-the-recession-is-over” celebration?? Isn’t that the equivalent of some tourist going in and paying full price for a NASCAR t-shirt during the Daytona 500?

Ok, maybe it is a bit more, but certainly not worth celebrating the end of an economic crisis. I guess if we hear “it is over” enough times we will believe it.

What do you think? Now I can go buy an iPad?

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