|First, let’s list the financial statistics of the U.S. Then we’ll convert the numbers
to compare them to a family budget.
|Prepare to be shocked.
|Financial Statement of the United States of America:
|* U.S. Tax revenue:
|* Federal budget:
|* New debt:
|* National debt:
|* Recent budget cuts:
|Let’s now remove 8 zeros and pretend it’s a household budget:
|* Annual family income:
|* Money the family spent:
|* New debt on the credit card:
|* Outstanding balance on the credit card:
|* Total budget cuts so far:
|“Uh-oh. We’re in BIG trouble. $165 thousand dollars in credit card bills?!?”
says any reasonable family.
|“I’m thinking $385 should do it,” says OUR Washington family.
|Total budget cuts so far: $385
|$165,000 of debt and we’re only cutting $385.00?
|AMAC thinks this is irresponsible and harmful to every American. Especially to
those over the age of 50 relying on a fiscally sound America in order to be able
pay their monthly bills – whether you rely on savings, investments or Social
|This gives you an idea of how bad the situation is. It will only get worse… Unless
we wake up Washington and stop them from bankrupting US!
|We must WAKE THEM UP NOW!
|500,000 AMAC voices make a pretty good wake up call. But, we need to be
louder. We need to add your voice to ours, AMAC says, to fix this today.
|In 2008 the entire American economy practically collapsed.General Motors went
bankrupt. Two of the largest Wall Street firms collapsed. A.I.G. and several of
our largest banks would have collapsed if you and I hadn’t bailed them out with
our hard-earned, IRS-collected dollars.Ronald Reagan, in his first Inaugural Speech on January 20, 1981, said, “But
great as our tax burden is, it has not kept pace with public spending. For decades,
we have piled deficit upon deficit, mortgaging our future and our children’s future
for the temporary convenience of the present. To continue this long trend is to
guarantee tremendous social, cultural, political, and economic upheavals.”
|President Reagan recognized the danger over thirty years ago, yet our govern-
ment continues to spend more money than it receives and continues to borrow
to make up the shortage – more than one Trillion Dollars each year for the last
|The overspending elite liberals in government are stealing the financial future
from our children and grandchildren. If by some miracle we are able to survive
the immediate threat – by kicking the can down the street and into the future –
someone will have to pay that debt. The longer we wait, the harder it will be.
The longer we wait, the more it will cost. If we wait too long – it will be impos-
sible to make the payments and our economy will collapse.
|Just to pay the INTEREST on the National Debt requires $40 Billion Dollars each
month. That’s enough to buy all the prescription drugs for every person who
needs them, 180,000 brand new 3 bedroom homes, 76 new “state of the art”
hospitals, and 4 billion meals – every month.
|Every time we send one of our Dollars to those countries, we are giving them
our wealth. They take our money out of our country and use it to build up their
economies while our economy fades. America used to be the strongest
economic power- some say we still are. If that is true, why did we have our
Credit Rating lowered for the first time since World War Two? America no longer
has the highest credit rating because our National Debt is making us go broke.
|Please join and stand with AMAC to address our Nation’s problems
|The Association of Mature American Citizens (AMAC) has been described as the
Conservative Alternative to AARP and also as the most important new conser-
vative organization today. While Americans of any age may join, most of our
special discounts and benefits are for people over 50.
|AMAC (pronounced A- Mac) is the fastest growing patriotic organization in
America. Started in 2007 with zero members, we have grown to well over
500,000 members and our growth has accelerated in recent months because
of like-minded conservative Americans like you.
|Unlike many other organizations who criticize, complain and condemn what is
wrong and then do nothing about the problem – except ask you for money –
AMAC takes strong action on your behalf, introduces constructive ideas, and
actually pushes for intelligent solutions.
|AMAC recently introduced a serious plan to keep Social Security solvent and
presented it to the staffs of over two dozen Members of Congress and Senators.
|Right now, AMAC is proposing an across the board Spending Cut of 2% for all
Federal Departments. If AMAC’s plan is adopted and followed up with spending
cuts of 1% each year for the next 5 years, we are on our way to a balanced
budget and the end to all this madness. This simple, common-sense plan will
save us from financial ruin.
|AMAC believes that the Second Amendment, which states, “A well regulated
Militia, being necessary to the security of a free State, the right of the people
to keep and bear Arms, shall not be infringed” is an integral part of our free-
|For a limited time, a 5-year membership is available for less than $1 a month,
and you can save hundreds of dollars each year in exclusive AMAC benefits
alone – such as through AMAC’s members-only Auto & Home Insurance Pro-
gram, the AMAC Roadside Assistance Program, and many other great benefits!
|But, the biggest benefit you get when you join is A STRONG VOICE IN
|You can help AMAC by joining our ranks. The more members we have, the
more power we have to get our representatives to listen to YOU – the conser-
vative American thinker.
|Don’t give up. Stand up! Join AMAC and we’ll stand together.
As always, posted for your edification and enlightenment by
NORM ‘n’ AL, Minneapolis