If Your Outgo Exceeds Your Income, Your Upkeep Becomes Your Downfall

How do you spell Relief

By the way, the title of this hub comes from a famous old saying that is not original with me but is clever enough to be told to every new generation that comes along.

I am sure that some see last minute budget deals reached by congress and the president with relief. I for one am not so sure. I am not rushing out to sell my gold stock or the silver I bought as a hedge.

The reason I am not so sure that happy days are here again is that I see that the same kind of Euro socialism that destroyed the nation of Greece is in ascendency in the United States. And our socialists have the same inability or unwillingness to count that the Greek socialists do.

We call our socialist "democrats" of course and they want to give everything to every one and they tell the same lies that socialists tell everywhere. The rich will pay for all.

In the mean time the money is actually coming from the printing press and from borrowing.

The debt ceiling debacle is the chief indicator that we have spent too much. And still the democrats want to spend more.

We are doing far too many things that we shouldn't and we are not doing some of the things that we should.

For instance, since we have no interest in winning wars in Iraq, Afghanistan and Libya, we should not be in any of those places. Either we should be in it to win it or we should bring our boys back home.

We should not be wasting money suing Arizona over immigration.

Instead of paying Brazil to expand it's domestic energy industry, we should be allowing our own fossil fuel domestic energy industry to expand.

Before the latest budget negotiations I was all for the Tea Party. But now I am not so sure they are fit to govern though. They do not seem smart enough to take half a loaf and come back to the bakery the next day for the second half.

Yes I would like a balanced budget amendment but if I have even that socialist Harry Reid agreeing to no new taxes I am jumping on that one like a frog on a June bug.

The Tea Party may not be ready for prime time after all.

Money Management

What is your favorite way to control your finances?

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Comments 29 comments

DjBryle profile image

DjBryle 2 years ago from Somewhere in the LINES of your MIND, and HOPEFULLY at the RIPPLES of your HEART. =)

I love this line ~ "We are doing far too many things that we shouldn't and we are not doing some of the things that we should...." Wasting money on unnecessary things is really an overseen problem even in our individual homes, and failure to be vigilant at our expenses leads us to bankruptcy. Thanks for sharing this helpful hub! :)

poetryman6969 profile image

poetryman6969 2 years ago Author

DjBryle thanks for dropping by. You are definitely right.

DeborahDian profile image

DeborahDian 2 years ago from Orange County, California

No doubt there is a lot of waste in government and both parties contribute to it, which is why I am a non-partisan voter.

Peggy W profile image

Peggy W 2 years ago from Houston, Texas

I voted that we should actually stick to a budget. Most of our elected officials seem more concerned with the next election ahead than actually accomplishing the people's work that needs attending. Printing more money when it is no longer backed by anything leads to inflation and disaster. Oh for the good old days of the gold standard! You are correct in that there is plenty of blame to go around.

poetryman6969 profile image

poetryman6969 2 years ago Author

Deborah and Peggy, let us all hope that politicians will stop using our tax money to buy our votes. If someone tried that on the street we would look at him like he was crazy and quickly walk away.

MarleneB profile image

MarleneB 2 years ago from Northern California, USA

You're a brave person for speaking your mind. I agree with you 100%! I don't know where they find these officials who "lead" us. I vote. I advocate. I do what I can to keep them out of office. Yet, there they are, winning the votes that put them into office. And, now I have to live with their ill decisions. If I ran my household the way the government runs the country, I would not be here to tell about it.

poetryman6969 profile image

poetryman6969 2 years ago Author

Marlene, thanks for dropping by. I don't know if fiscal sanity can ever return but we should keep pulling for it.

ChitrangadaSharan profile image

ChitrangadaSharan 2 years ago from New Delhi, India

Very nice hub, so well presented!

I liked the title and the pictures are amazing and quite unique.

At home, I try to stick to my budget and I am also frugal by nature. But savings and investment part is taken care of by my husband, since he is very calculative and has a lot of foresight.

The same rule should be followed, while making budget for the nation, I believe. The nation's budget should focus more for uplifting of the 'Have not's.'

Enjoyed reading your hub, voted up!

poetryman6969 profile image

poetryman6969 2 years ago Author

ChitrangadaSharan thank you for dropping by. I think you are correct in that for most people a budget is the key to financial victory!

SandyMertens profile image

SandyMertens 2 years ago from Frozen Tundra

I really had a laugh at some of the money management options to vote on. Love the photos here.

poetryman6969 profile image

poetryman6969 2 years ago Author

Hello Sandy. I am glad you enjoyed it.

pstraubie48 profile image

pstraubie48 2 years ago from sunny Florida

The title is spot on. A budget if adhered to would be a wonderful thing.

Angels are on the way to you once again this afternoon. ps

poetryman6969 profile image

poetryman6969 2 years ago Author

Thanks for the Angels PSTRaubie48!

Denise Handlon profile image

Denise Handlon 2 years ago from North Carolina

I enjoyed this hub. Me and a friend have had conversations about this comparison of Greece, and the fall of civilization here in America, as we know it. The political deficit will never right itself with more spending.

BTW, I just replied to your comment in my Hub: Girls and ADHD I apologize for the delay...have been caught up in 'life'. Have a good week.

poetryman6969 profile image

poetryman6969 2 years ago Author

Good to see you Denise. I am glad you enjoyed the hub.

They say the band played on as the Titanic sank. That may be apocryphal. But it is still apropos I think.

Another thing to consider is how we and Europe are being so tolerant of ideologies and cultures that have made it clear that they don't like us and that they consider destroying us a mission from God.

SheGetsCreative profile image

SheGetsCreative 2 years ago from Seattle, WA

The amount of money that is spent in this country on things that are only for "political gain" is truly mindboggling/frustrating/pathetic.

poetryman6969 profile image

poetryman6969 2 years ago Author

Angela, you are so right. I still think it's funny that our "representatives" use our tax money to buy our votes.

Kristen Howe profile image

Kristen Howe 22 months ago from Northeast Ohio

Poetryman, this was a great hub, I agree with you on what you've said in this hub. I wish you can send this to our local politicians before we vote for the next election. Voted up for useful!

poetryman6969 profile image

poetryman6969 22 months ago Author

Thanks for the thumbs up Kristen. Maybe I should direct the politicians to this hub.

Have a blessed day!

justmesuzanne profile image

justmesuzanne 21 months ago from Texas

Love your title! Voted up and interesting! :)

poetryman6969 profile image

poetryman6969 21 months ago Author

Thanks for the vote of confidence Suzanne. I used to listen to a financial advice show that used this saying as a tagline.

Be blessed!

DeborahDian profile image

DeborahDian 20 months ago from Orange County, California

There is a lot of wisdom in reminding each generation of the importance of learning how to manage their money. Great article!

poetryman6969 profile image

poetryman6969 20 months ago Author

Deborah, I definitely agree with you. They should teach money management in school.

Have a blessed day!

Lady_E profile image

Lady_E 20 months ago from London, UK

Thanks. We need more of this articles online and I agree with the comment above about teaching Money Management in School.

poetryman6969 profile image

poetryman6969 20 months ago Author

Thanks for dropping by Elena. Be blessed!

Venkatachari M profile image

Venkatachari M 20 months ago from Hyderabad, India

Interesting article. There is a song. Income 8 annas, expense 10 annas, extra 2 anna .......

BTW, I put all change in a jar.

poetryman6969 profile image

poetryman6969 20 months ago Author

Venkatachari I have always liked the one that goes something like: What do you mean I don't have anymore money. I still have checks left!

Have a blessed day!

sujaya venkatesh profile image

sujaya venkatesh 18 months ago

should inculcate this in children

poetryman6969 profile image

poetryman6969 18 months ago Author

Thanks for dropping by Sujaya. I agree that we need more financial literacy taught in the schools.

Have a blessed day!

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