ivoteamerica

In many of America’s real estate markets homes, once the primary facilitator of middle class American retirement, are worth on the average about 67 pennies of what they were five years ago.

The American currency…our once powerful dollar…is now worth pennies of its former value and the erosion shows little sign of abatement as gold and silver continue their march toward record per ounce prices.

Under the new Federal Budget, each American man, woman, boy and girl will be saddled with 4,000,000 pennies of personal and, although owed to the IRS, uncollectable debt ($40,000 each). That is $200,000 for a family of four! Does this make cents to you?

Our Mount Everest of debt has now empowered and installed Communist China and a handful of other anti-democracy nations as the current economic caretakers and ultimate beneficiaries of your and my labor, creativity and ingenuity for as far as we can see into the future. I don’t recall signing-on to work for Mao’s legacy.

Household net worth is now about 52 pennies per dollar of what it was a scant five years ago. Indeed, this is chump change we can believe and the reality of our now everyday existence. Projections of future declines seem to indicate that, if left unchecked, the Federal government, yours and mine, will drive our worth to below 50 pennies of what it used to be.

The ability of small business owners and entrepreneurs to access the pennies they need to build, sustain and grow their business and thus, create jobs has dried up with only the most pristine and perfect borrowers being granted access to capital…except, of course, the Federal Government who continues to borrow from us.

The fastest growing employer in today’s economy is government. Employees of the government are seeing their wages growing at a record pace. The best paying jobs are no longer in the private sector but the government.

The budget submitted by President Barack Obama will catapult our debt into the farthest reaches of the stratosphere to numbers so beyond the pale that typical American life as we know it may be changed for the worse for as much as two generations into the future.

Pinching pennies is our new reality and the remaining few quarters, dimes, nickels and Lincoln pennies are even themselves in the crosshairs of an over-arching, out of control bureaucracy and answer-to-no-one government.

This is truly “change” we can believe. More importantly it is change we can change. Please be reminded by iVoteAmerica that the next Presidential election is 1,003 days from today and the midterms are in November, 2010…let’s hold on to what copper we have left until then.