[Vision2020] Some People Never Get it

[Andreas Schou]

We are paying negative interest on our debt right now.

On Wed, Sep 21, 2011 at 7:55 PM, Donovan Arnold
<donovanjarnold2005 at yahoo.com> wrote:
> Yes Tom,
>
> It will be far less humiliating for our grandchildren to have to borrow from
> Mexico to pay the 400% interest on the pizza to pay back China for the money
> we borrowed to buy the pizza rather than making the pizza at the White
> House. Why spend a dollar when you can borrow two and spend three, right?
>
> Donovan Arnold
> From: Tom Hansen <thansen at moscow.com>
> To: Donovan Arnold <donovanjarnold2005 at yahoo.com>
> Cc: Andreas Schou <ophite at gmail.com>; Art Deco <deco at moscow.com>;
> "Vision2020 at moscow.com" <Vision2020 at moscow.com>
> Sent: Wednesday, September 21, 2011 7:21 PM
> Subject: Re: [Vision2020] Some People Never Get it
>
> Yeah.  I can see it now . . .
> As the British royal family makes it's way down the reception line at the
> White House (the president's home address) Blue Room, as Queen Elizabeth
> approaches President Obama, the president leans forward and suggests, "Yo,
> Ellie.  Wanna go fifties on a Domino's large triple topper?"
>
> Seeya round town, Moscow.
> Tom Hansen
> Moscow, Idaho
>
>
> On Sep 21, 2011, at 18:11, Donovan Arnold <donovanjarnold2005 at yahoo.com>
> wrote:
>
> Andreas,
>
> Not sure I follow your numbers. However, while I do understand that the
> government has to spend a lot of money to produce just a few units of
> something that doesn't justify catered luncheons and events when in a budget
> crisis. They can do like the rest of us and use  space already available in
> their own buildings for meetings and bag a lunch or do a potluck. There are
> no attempts to be frugal here. This is privileged people living on the
> taxpayers dime and wanting to remain privileged while many suffer and go
> without jobs. It needs to stop before this country is in a such a hole it
> can never get out again.
>
> PS, Hope you had a good birthday. : )
>
> Donovan Arnold
>
> From: Andreas Schou <ophite at gmail.com>
> To: Art Deco <deco at moscow.com>
> Cc: Vision2020 at moscow.com
> Sent: Wednesday, September 21, 2011 3:00 PM
> Subject: Re: [Vision2020] Some People Never Get it
>
> In standard government accounting, administrative costs are spread over the
> entire program cost. So if the government buys a nuclear reactor core and a
> phillips-head screw and sends both to Baltimore at a cost of a million
> dollars, the spreadsheet will reflect that the Feds paid $10,500,000 for a
> reactor core and $500,000.25 for a screw.
> Every reporter in America should have this fact on their desk. But somehow
> the media keeps getting rolled every time.
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