Ironic: Office of Thrift Supervision Wastes $320,000 on Unused Phone Lines
Contrarian Profits (July 31st, 2009) Writes:
President Obama’s recent budget trimming efforts show just how absurdly bloated the US government is. Obama is making a big deal about trimming the federal budget by $100 million – the so-called “$100 million savings challenge.” His cabinet outdid themselves. They responded with a plan to save $102 million – or 0.006% of the deficit!
When are these guys going to stop treating the rest of us like idiots? The amount saved covers just a few hours of interest on the federal debt!
To put all this nonsense in context, imagine your family budget. Let’s say your total income is $100,000 a year. But you have over $1,000,000 in outstanding debt. That means you have so much debt that your monthly interest payments take half of your gross income. That amount is growing every year. And you’re not putting a penny towards the principle.
That’s the government’s situation – they’re bankrupt. So what do
...army, contrarian profits, Department of Justice, Forest Service;, Internal Revenue Service, Market Commentary, Navy, obama, Office Of Thrift Supervision, president, R&R, United States, Us Government, USD


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