The president has proposed his budget to congress. This $4 trillion budget proposes spending for free college, massive aid packages, immigration (amnesty) and myriad other presidential fantasies. Unfortunately, the president does not seem to understand that we are broke! We are bankrupt, destitute, insolvent, poor...tapped out!
The president is living a fantasy. He is behaving like a teen who has just been given his father's credit card, spending without restraint. If he were a buddy hanging with friends, spending his own money, he would be considered a great friend. This type of spending as the president of the United States is just irresponsible! Why do we allow this?
What if the United States were a corporation? Let's imagine Obama was the CEO of this corporation. Now, discounting everything else this CEO has done over the past 6 years and the fact that he would have already been ousted from any legitimate corporation, let's look at the current budget and how it would play out with the board of directors (Congress) and the shareholders (U.S. Citizens). Envision this scene starting with the CEO addressing the shareholders...
In the shareholders meeting, the CEO tells the shareholders, "The corporation is improving. Though we have had several bad years because of the last CEO, we can see the light at the end of the tunnel. We are making money despite what the P&L tells us and our company is solvent, despite what you may read on the balance sheet. With this in mind, I want to spend $4 trillion in the upcoming year. We will give away hundreds of millions to people who do not use our product (illegal immigrants), but steal it. By giving them this free money, I believe they will stop stealing our product and start buying it. Also, for those who are stealing our product, I want to stop prosecuting them. We must be compassionate - if they want the product without paying for it, we will let them continue stealing it, and yes, we will give them extra money on top of what they steal. By doing this, we will become a better corporation and we will make more money. If you don't agree with me, you are a racist. If you do not want to be called a racist, just agree with me."
CEO Obama now addresses the board of directors..."I have proposed giving away the corporations money and product to those who have been stealing it. I expect you to approve. The cost of this program will be $4 trillion, even though other experts estimate the true cost, somewhere in excess of $6 trillion. I know the corporation only has revenues of $1 trillion, but by moving some things around, we can spend the $4 trillion and still make money. Now, you don't have to believe me, but I expect you to approve my budget. If you do not approve of my budget, you are a racist who hates our customers, even though they do not buy our product. Because you are racists and hate our non-customer, customers, if you do not approve of my budget, I will do what I want, whether you like it or not."
As ridiculous as this is, it is essentially what is happening in our government today. Now, let's look at how this would proceed in the real world...
As CEO Obama presents his tale to the shareholders, the shareholders who are not selling off their stock, are voting for his removal. Others are filing a class action against the company for defrauding the shareholders - and they will win. Unfortunately, they will only recover pennies on the lost dollars.
At the same time, the board of directors is taking action to remove CEO Obama for his incompetence. Obama will probably also face charges for fraud - spending corporation dollars for personal extravagances - vacations in Hawaii, expensive clothing for his wife, and so on. Obama may also be charged with extortion - forcing the corporation to pay or face being accused of racism. Finally, if CEO Obama has been managing for the past 6 years, the board of directors would be faced with the reality of the corporations financials, forcing it to call for the dissolution of the corporation and a bankruptcy filing. All remaining assets would be liquidated and the corporation would cease to exist - and CEO Obama would next be employed as a drive-thru worker at a fast food restaurant.
If the United States were a corporation, it would be out of business today, yet because it is not a corporation, we continue to allow an incompetent CEO to remain in control today, destroying us more each day.
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