Sunday, August 7, 2011
...Bill Gates Notes and Despots...!!!
http://www.thegatesnotes.com/Personal/Can-USA-Inc-Avoid-Bankruptcy?WT.mc_id=8_1_USAinc_FB&WT.tsrc=Facebook Bill’s strong belief in the importance of education and health has made him increasingly concerned about the finances of U.S. state governments and about the growing federal deficit. To help Americans understand the growing crisis in public finance, Bill recommends a new report. I gave a talk on state budgets at TED2011, where I said that states use accounting tricks to make their budgets look balanced. I tried to show why states need to make some hard choices to be able to continue providing essential services, such as public education. Similar budget problems are also confronting the federal government today, for similar reasons, but on an even larger scale. That’s made very clear by USA Inc., an excellent, new, non-partisan report. It’s by Mary Meeker, a highly respected financial analyst and partner at Kleiner Perkins Caulfield & Byers, the very successful venture capital firm based in Silicon Valley. Mary’s report looks at the financials of the U.S. government as a business. It vividly demonstrates why the United States is headed toward bankruptcy unless we act decisively to reduce expenses and increase revenues. I want to encourage everyone to read USA Inc. and get involved in helping all levels of government to make the right choices that will put our nation’s public finances on a more sustainable course. http://www.kpcb.com/usainc/ USA Inc.is a non-partisan report that looks at the U.S. federal government (and its financials) as if it were a business. Mary Meeker, partner at KPCB and former financial analyst at Morgan Stanley, created and compiled the report with the goal of informing the discussion about our financial situation and outlook. USA Inc. examines the country’s income statement and balance sheet, aiming to interpret the underlying data and facts, and illustrate patterns and trends in easy-to-understand ways. The report also analyzes the drivers of federal revenue and the history of expense growth, and discusses basic scenarios for how revenue and expense growth might change to help America move toward positive cash flow.
...bILL gaTES is more than powerful ! He uses his power and Microsoft and INTEL to mold the necessary "slavist" World, USA that believe in bankruptcy, homelessness, poverty, hunger, and the wrong World Economy, of needless control and power freaks, and social classes racists ! ...he has a biased mind, or has not thought about it ! USA CANNOT GO BROKE, UNLESS IT WANTS TOO, THE SAME AS OTHER COUNTRIES IN THE WORLD ! BUT THEIR CITIZENS CAN AND WRONGFULLY !!! THIS BOOK OF USA.INC is for you to prove what I say ! ...with imaginary electronic money World system, no country can go broke ! we are dealing with mediocre dodo birds Governments !!! ...how do you put it too function ? the same as you have to put Bill Gate's dodo head to function ! you simply do it ! blaaaaaahhhhh ! [switch it on !] that is too deep logic for him...! © August2011 - George Frederick Thomson Broadhead