Have you ever cut your finger while slicing an onion? How about a scrape on your elbow when you fell? Ever suffer sunburn? What happened when you suffered a bloody nose? Have you ever cut a major artery where you could have bled to death?
Today, America bleeds to death by a thousand cuts. We're bleeding from every sector of our society. At some point, the United States of America cannot and will not survive the bleeding. Why? Take a look.
Each day, Americans burn 20 million barrels (55 gallons per barrel) of oil in their cars, but we import over half of that oil from other countries. Therefore, that's $2.25 per gallon X 55=$123.75 X 10,000,000 barrels, which equals $1,237,500,000.00 we pay other countries daily. That's money that never returns to America. It's like America cutting its wrist. Meanwhile, we have NO energy conservation policy in America.
Last year, the trade deficit totaled $618 billion according to the New York Times. It's expected to exceed $700 billion in 2005. That's money going out that isn't coming into America.
Brian Williams of NBC stated that the Federal deficit will grow another $383 billon in 2006. Do you feel your pocketbook bleeding?
What about American enterprise? Recently, General Motors and Ford suffered their demotion to Junk Bonds. Ironically, China's Yuan is undervalued because it's tied to the American dollar, but the Yuan will jump when it is ultimately pegged to the Euro. Soon, the Euro will become the new standard for exchange as it displaces the dollar on the international money markets. But, if GM and Ford collapse, Michigan, Ohio, Indiana and Illinois will become basket cases because most of their jobs involve the auto industry.
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