In this financial year we will be spending at least $1.5 billion on foreign aid and we cannot be sure that this money will be properly spent, as corruption and mismanagement in many of the recipient countries are legend.
quote by Pauline Hanson
Submitted by Lucian Velea
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Tis In The Power Of Money
'Tis in the power of money real fame is to be found
And money is always involved where corruption abound
And corruption and human greed to each other live nearby
And why some people are corrupt this could be the answer why
Some will tell you that money is their nearest and dearest friend
And it is because of money that many friendships are known to end
And many with lots of money seem to have a crave for more
This year they have made two million in profit next year they aim for four
The lust for paper currency to everyone does not apply
But that money speaks every language is something that none can deny
Those with it are looked up to and those without it on are looked down
And who would wish for to be known as the pauper of the town
'Tis the lust for money that leads to corruption through greed
And those with plenty of it looked up to as those who in life succeed.
poem by Francis Duggan
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I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.
quote by Tim Johnson
Submitted by Lucian Velea
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Spending Money
By: jimmy buffett and mac mcanally
(whistling)
Now Im not talking bout excessive greed
The kind that puzzled the scribes and pharisees
I dont worship it like a golden calf
But change in my pocket is always good for a laugh
Seen it brighten up the eyes of a child
It even makes the dalai lama smile
Its no relation to the meaning of life
Its a dang fool husband doesnt spring for his wife
A little spending money
Money to burn
Money that you did not necessarily earn
Rainy days seem to wind up sunny
Long as you got a little spending money
I got no financial conscience
Cant worry where it went
A lasting treasure a moment of pleasure
Worth in every cent
Coin or paper, silver or gold
All denominations nouveaux or old
Cant have a turkey without oyster dressing
Its the root of all evil the sum of your blessings
Dont need no armored car or time-locked vault
Dont need a shaker full, just a few grains of salt
You may get by looking good and being funny
But lifes a little less restrained with a little
Spending money
Money to burn
Money that you did not necessarily earn
Rainy days seem to wind up sunny
Long as you got a little spending money
Long as you got a little spending money
Oh give me some spending money
song performed by by Jimmy Buffett
Submitted by Lucian Velea
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Why don't we stop the stimulus spending? There's still about $400 billion or $500 billion of the stimulus plan that has not been spent. Why don't we stop it? It's not working.
quote by John Boehner
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After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.
quote by Michele Bachmann
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It is essential that there should not only be a limit on campaign spending but it should be required to say where that money is spent and how it is spent. I think there has been more abuse in campaign spending, actually, than in campaign contributors.
quote by Bill Scott
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What Becomes A Legend Most
What becomes a legend most
When shes alone in a hotel lobby
What becomes a legend most
Some bad champagne and some foreign bottled beer
What becomes a legend most
When the musicians have come and then leave her
What becomes a legend most
Besides being a legendary star
What becomes a legend most
Lying in bed cold and regal
What becomes a legend most
Lying in bed watching a talk show on tv
What becomes a legend most
Fifty days in fifty cities
And everyone says she looks pretty
At least as pretty as a legend should
Fifty days can wear you down
Fifty cities flying by
A different man in each different hotel
And if youre not careful, word can get around
What becomes a legend most
Not a bed, that is half empty
Not a heart, that is left empty
Thats not pretty, not pretty at all
What becomes a legend most
When shes lying in her hotel room
What becomes a legend most
Well baby, tonight its you (tonight its you)
Baby, tonight its you
(what becomes a legend most, sha-la-la-la-la) baby, its you
(what becomes a legend most, sha-la-la-la-la) maybe tomorrow
(what becomes a legend most, sha-la-la-la-la) baby, its you
(what becomes a legend most, sha-la-la-la-la)
(what becomes a legend most, sha-la-la-la-la)
(what becomes a legend most, sha-la-la-la-la)
(what becomes a legend most, sha-la-la-la-la)
(what becomes a legend most, sha-la-la-la-la)
song performed by by Lou Reed
Submitted by Lucian Velea
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They Let 'em Fail
Iceland refused to take a loan
From Banksters at the IMF
Instead let banks fail,
Kept the debt...
And sent the loan sharks home
ROTMS
Source: Bloomberg
Iceland’s President Olafur R. Grimsson said his country is better off than Ireland thanks to the government’s decision to allow the banks to fail two years ago and because the krona could be devalued.
“The difference is that in Iceland we allowed the banks to fail, ” Grimsson said in an interview with Bloomberg Television’s Mark Barton today. “These were private banks and we didn’t pump money into them in order to keep them going; the state did not shoulder the responsibility of the failed private banks.”
Ireland’s Prime Minister Brian Cowen said this week his government has discussed an 85 billion-euro ($112 billion) bailout with the European Union and International Monetary Fund after the country’s banks threatened to bring the euro member to the brink of bankruptcy. Iceland’s banks, which still owe creditors about $85 billion, were split to create domestic units needed to keep the financial system running, while foreign liabilities remained within the failed lenders.
As a consequence, “Iceland is faring much better than anybody expected, ” Grimsson said. The Icelandic state’s liability on foreign depositor claims stemming from Icesave accounts at failed Landsbanki Islands hf should be put to a national referendum, he said.
“How far can we ask ordinary people - farmers and fishermen and teachers and doctors and nurses - to shoulder the responsibility of failed private banks, ” said Grimsson. “That question, which has been at the core of the Icesave issue, will now be the burning issue in many European countries.”
poem by Ray Lucero
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The President sends us a billion-page paper that shows how he would spend the money if he were spending the money. He doesn't have the authority to spend the money. He doesn't spend $1 of the money.
quote by Michael Enzi
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Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.
quote by Muhammad Yunus
Submitted by Lucian Velea
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What Is The Value Of Money?
Money we all know is a medium of exchange
Buyers and sellers relate to each other through money
The question here is – what is the value of money?
Few say money is the root of all evil
Many say money is the root of prosperity
And how valuable is money
Almost everything is measured by money
People go to work everyday because of money
Wealth of individuals is measured by money
All purchases and transactions are made by money
Every country has a name for its own money
The importance of some countries
In based on the value of their money
What is the value of money?
The rise and fall of foreign exchange
Is used to measure the value of money
Success to many is also measured by money
Corporate positions are measured by money
There are some people who marry for money
What is the value of money?
To many, money is everything
You cannot get many things done without money
Many have pondered and contemplated to ask
Can human beings live without money?
Then, how shall we determine and decide
The prices of individuals and materials
Differences between the rich and the poor
Are calculated in monetary terms
The power bestowed by money
Seems bigger than imagined
poem by Julius Babarinsa
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If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'
quote by Mitch Daniels
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But if our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'
quote by Mitch Daniels
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Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy.
quote by Christina Romer
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Recipient of Lost Time
Thirty years...
Spent,
In one spot.
Got a watch...
That stopped its ticking!
After throwing it away,
The recipient then realized...
A similar thing was done,
To things wished but never begun!
It seems dreams had also retired,
The recipient of lost time
To hours confined,
Waiting by the telephone!
Hoping someone would call and suggest...
How to schedule something to do!
poem by Lawrence S. Pertillar
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Look, I am not worried about Washington cutting too much spending too fast. I mean, the kinds of spending cuts we're talking about just right now are $100 billion out of a $3.7 trillion budget.
Financial Amnesty
Wrongdoers created financial meltdown
In a sea of red ink whole Countries drown
For greed, they’ve altered global destiny
Leaders ought proclaim financial amnesty
ROTMS
poem by Ray Lucero
Submitted by Poetry Lover
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Corruption in India
In the sacred land called Bharat
Corruption has become a habit.
From top brass in authority
To the lower sections and aam aadhmi!
But the menace has gained strong roots
Into every sphere and profession;
All the good that is being done
Is offset by corruption.
Blame corruption for many evils
And vices that plague society;
It is the cause for democracy
Being unable to deliver its fruits!
It is reason for rich becoming richer,
And the poor turning poorer;
It is the cause of price-rise,
And taxes exorbitant!
It is why black-money grows
And black-marketing prevails;
This is why India remains quite poor,
And under developed among world nations!
If only corruption can be curbed,
India will become a paradise;
A billion souls can live in peace,
And prosperity will dwell upon all!
Thanks to one great Indian soul,
Anna Hazare for awakening Indians
Against corruption – root cause of poverty!
Copyright by Dr John Celes 28-08-11
poem by John Celes
Submitted by Poetry Lover
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The Boy and the Teacher
Teacher, teacher, 'why is my gram parent going to have to go to a nursing home? '
'Well', says the teacher in disgust. 'The republicans(Defenders of the rich) won't allow the raise of the government budget ceiling(The Amount Of Money That The Government Can Borrow.) they don't want to raise taxes on the job creators(Corporations..). But they want taxes on the workers and cuts in government funded programs to equal the new budget. The Democrats(The Ones Who Believe Our Country Should Be A Nanny State) . Don't want to make the cuts in certain government programs or raise taxes on the poor and want to raise the budget ceiling without paying for it.'
The little boy says 'That don't sound that complicated. Why don't we just tax everyone across the board, according the money they make and have. And Why don't we make cuts in programs that are not necessary. Oh and while were at it why don't we bring back our military slowly. So were not spending 60 billion dollars month in other countries. Why do we have to police other countries? Or even a better question how can we afford too when our debt is so high? '
The teacher responds back, why don't you write your congressmen, senators, and president letters and ask them.
The little boys says, 'Easy they would never read them.'
The teacher a little annoyed says, 'You got answer for everything. And I thought I was the teacher.'
The little boy chirps, 'your darn tooting'.
poem by Ace Of Black Hearts
Submitted by Poetry Lover
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